NOT LISTED FOR SALE

2947 Wallace Lake Rd Pace, FL 32571

Estimated Value: $538,000 - $590,000

4 Beds
3 Baths
2,816 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $567,500 $202 Per Sq Ft

Current estimated payment $3,264/month

70 Days on Market

Highlights

  • 1.01 Acre Lot
  • Cathedral Ceiling
  • No HOA
  • Contemporary Architecture
  • Granite Countertops
  • Screened Porch

About This Home

As of September 2022

BACK on the MARKET thru no fault of the Seller or property. Gorgeous custom-built home on 1.01 acres has a touch of Rustic wood elements added inside and out to showcase its beauty. Relaxing country living at its best, yet close to town. Master bedroom adjoins a large master bath with a garden tub, separate shower, water closet, and 3 walk-in closets. This house’s split floor plan has three additional bedrooms on the other side of the spacious living room. One of the bedrooms (mother-in-law suite) has its own bathroom and private entrance. The other two bedrooms share a hall bathroom. A sizeable kitchen with Granite countertops, beautiful backsplash, stainless appliances, a large island and a roomy pantry is topped with an overhead beam. Breakfast nook looking out on the covered screened back porch sporting two newly installed ceiling fans. The large utility room includes area for a freezer. Whole house 22KW natural gas generator with a transferable warranty. In addition to the attached 2 car garage which has a utility sink and storage for the Fabric Shield hurricane shutters, there is a 21 X 24 detached brick garage/workshop, wired with both 110 & 220. The back yard is totally fenced-in and with many relaxing seating areas and a 10 x 12 lofted lawn storage building, also wired with lights and outlets. New irrigation well (2021) and inground sprinkler system. Water heater was replaced April 2020. A new inside air conditioning unit with a five-year warranty was just installed. Home warranty provided by the Seller. No HOA and no FPL. New Piggly Wiggly (July 2022) and new K-8 school (2023) within 1.2 miles. Buyer and Buyer’s agents to verify any and all dimensions and measurements.

Last Agent to Sell the Property

Brenda Taylor

CENTURY 21 AMERISOUTH REALTY Brokerage Phone: 850-478-6800 Listed on: 06/11/2022

CENTURY 21 AMERISOUTH REALTY

Last Buyer's Agent

Lorraine Brackin

Berkshire Hathaway Home Services PenFed Realty

Berkshire Hathaway Home Services PenFed Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 1.01 Acre Lot
  • Privacy Fence
  • Back Yard Fenced
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Ridge Vents on the Roof

Interior Spaces

  • 2,816 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Shutters
  • Blinds
  • Insulated Doors
  • Formal Dining Room
  • Screened Porch
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Rain Gutters

Schools

  • Chumuckla Elementary School
  • Central Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Agricultural Well Water Source
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tamrell Forest Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 132N300000001730000

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Stories: 1
  • Parcel Number: 132N300000001730000
  • Property Type: Residential
  • Year Built: 2009
  • Electric: Copper Wiring, Fuses
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.01
  • Road Surface Type: Paved
  • Subdivision Name: Tamrell Forest
  • Directions: Hwy 90 East, left on Woodbine Rd, At 5 points light continue North on Chumuckla Hwy, turn left on Wallace Lake Rd (Piggly Wiggly) and in 1.2 miles the home is on your left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Heat Pump, Insulation, Insulated Walls, Ridge Vent
  • Property Attached Yn: No
  • Kitchen Level: First
  • Attribution Contact: DIRCT: 850-478-6800
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Microwave, Refrigerator
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Tile, Carpet
  • Interior Amenities: Baseboards, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, High Speed Internet, Plant Ledges, Vaulted Ceiling(s), Walk-In Closet(s), Guest Room/In Law Suite
  • Living Area: 2816
  • Window Features: Double Pane Windows, Some Blinds, Some Drapes, Shutters
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Room/Nook, Eat-in Kitchen, Formal Dining Room
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 17
  • Room Bedroom2 Level: First
  • Master Bedroom Features: Ceiling Fan(s), Split
  • Room Kitchen Features: Not Updated, Granite Counters, Kitchen Island, Pantry
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 323
  • Room Dining Room Area: 168
  • Master Bathroom Features: 2 or More Closets, Double Vanity, Soaking Tub, Separate Shower, Tile, Water Closet, Walk-In Closet(s)

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Chain Link, Privacy
  • Lot Features: Central Access
  • Pool Features: None
  • Home Warranty: Yes
  • Construction Type: Brick, Frame
  • Exterior Features: Irrigation Well, Sprinkler, Rain Gutters
  • Foundation Details: Slab
  • Other Structures: Workshop/Storage, Yard Building
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage, Side Entrance, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Heating: Heat Pump, Central
  • Cooling: Heat Pump, Central Air, Ceiling Fan(s)
  • Sewer: Septic Tank
  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Chumuckla
  • High School: Central
  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 43995.6
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2022
Closed on
Sep 29, 2022
Sold by
Lisa Taylor Living Trust
Bought by
Holmes Chelsea and Holmes Ian
Seller's Agent
Brenda Taylor
CENTURY 21 AMERISOUTH REALTY
Buyer's Agent
Lorraine Brackin
Berkshire Hathaway Home Services PenFed Realty
List Price
$600,000
Sold Price
$567,500
Premium/Discount to List
-$32,500
-5.42%
Current Estimated Value
$567,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58
Avg. Annual Appreciation
-0.00%
Original Mortgage
$510,750
Outstanding Balance
$486,089
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$81,353

Purchase Details

Closed on
Nov 5, 2012
Sold by
Mcdonnell Terry R and Mcdonnell Lisa T
Bought by
Mcdonnell Lisa T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,180
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2009
Sold by
Thomas Home Corporation
Bought by
Mcdonnell Terry R and Mcdonnell Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,775
Interest Rate
4.92%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Holmes Chelsea $567,500 Pensacola Title
Mcdonnell Lisa T $90,600 Surety Land Title
Mcdonnell Terry R $231,500 Surety Land Title Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Chelsea $510,750
Previous Owner Mcdonnell Lisa T $181,180
Previous Owner Mcdonnell Terry R $196,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $567,500 -3.6% $202 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
06/28/2022 06/28/22 Price Changed $588,500 -1.9% $209 / Sq Ft
06/11/2022 06/11/22 For Sale $600,000 -- $213 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,554 $328,195 -- --
2024 $3,628 $318,946 $51,650 $267,296
2023 $3,628 $316,682 $51,650 $265,032
2022 $2,108 $199,075 $0 $0
2021 $2,083 $193,277 $0 $0
2020 $2,071 $190,608 $0 $0
2019 $2,020 $186,324 $0 $0
2018 $1,964 $182,850 $0 $0
2017 $1,891 $179,089 $0 $0
2016 $1,883 $175,405 $0 $0
2015 $1,921 $174,185 $0 $0
2014 $1,938 $172,803 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 610486

Pensacola Association of REALTORS®

APN: 13-2N-30-0000-00173-0000