NOT LISTED FOR SALE

2983 Wallace Lake Rd Pace, FL 32571

Estimated Value: $546,346 - $619,000

4 Beds
3 Baths
3,046 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $250,000 $82 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,260/month

66 Days on Market

Highlights

  • 1.01 Acre Lot
  • Wood Flooring
  • No HOA
  • Colonial Architecture
  • High Ceiling
  • Formal Dining Room

About This Home

As of August 2015

Freshly Painted and Beautiful Brick Home with Stucco Accents sitting pretty on 1 ACRE featuring a Large 31'X9' FRONT PORCH WITH 4 COLUMNS, 4 Bedrooms/3 Baths PLUS an OFFICE AND FLORIDA ROOM. There's HARDWOOD FLOORING as enter in Foyer, Dining Room and Office AND Spanish Lace Textured Ceilings and Walls including Rounded/Bullnosed Corners. Great Room is 22x17 with High Ceilings, Ceiling Fan, Plant Ledges for Displaying Your Favorite Decor PLUS the Electric Fireplace is a great place to gather around and enjoy. Nice Kitchen offering Stainless Steel Appliances, Walk In Pantry and the LARGE CENTER ISLAND is great for displaying those delicious meals, LARGE 25'X12' FLORIDA ROOM, 17'X17' LARGE MASTER BEDROOM WITH COFFERED TREY CEILING AND CEILING FAN, LARGE 14'X12' MASTER BATH WITH GARDEN TUB, DOUBLE VANITY, SEPARATE SHOWER AND TWO WALK IN CLOSETS, 3 ADDITIONAL BEDROOMS ARE VERY LARGE ALSO, PRE WIRED FOR SECURITY AND SOUND SYSTEMS, INSIDE LAUNDRY WITH BUILT IN CABINETS, 19'X11' COVERED BACK PORCH, INSULATED TILT OUT WINDOWS, 28'X10' BOAT OR RV PARKING, 80 GALLON HWH, ENTIRE BACK YARD CLEARED AND PRIVACY FENCED WITH A 16,X10' WOODEN STORAGE BUILDING, GREAT LOCATION OUT OF TOWN BUT CLOSE IN TO PACE, MILTON, PENSACOLA, SHOPPING AND THE BEACHES.....

Last Agent to Sell the Property

Michael Mcguire

REMAX Select Partners Listed on: 05/15/2015

REMAX Select Partners

Last Buyer's Agent

TARA DOMINGUEZ

TEAM SANDY BLANTON REALTY, INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 1.01 Acre Lot
  • Privacy Fence
  • Back Yard Fenced

Parking

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

Home Design

  • Colonial Architecture
  • Hip Roof Shape
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,046 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Blinds
  • Insulated Doors
  • Formal Dining Room
  • Inside Utility

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Separate Outdoor Workshop
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Tamrell Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 132N300000001610000

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Stories: 1
  • Parcel Number: 132N300000001610000
  • Property Type: Residential
  • Year Built: 2009
  • Electric: Copper Wiring, Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.01
  • Road Surface Type: Paved
  • Subdivision Name: Tamrell Forest
  • Directions: HWY 90 IN PACE TO CHUMUCKLA HWY NORTH THROUGH 5 POINTS ON CHUMUCKLA HWY TO WALLACE LAKE ROAD LEFT TO HOUSE ON LEFT.
  • Architectural Style: Colonial
  • Building Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Heat Pump, Insulation, Insulated Walls
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Built In Microwave, Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Fireplace: Yes
  • Flooring: Hardwood, Tile, Carpet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Plant Ledges, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Blinds
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: 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)
  • Room Office Level: First
  • Room Kitchen Features: Not Updated, Kitchen Island, Laminate Counters, Pantry
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 289
  • Room Dining Room Area: 156
  • Master Bathroom Features: Double Vanity, Soaking Tub, Laminate Counters, Separate Shower, Walk-In Closet(s)

Exterior Features

  • Roof: Shingle, Hip
  • Fencing: Back Yard, Privacy
  • Lot Features: Central Access
  • Pool Features: None
  • Construction Type: Frame
  • Exterior Features: Sprinkler
  • Foundation Details: Slab
  • Other Structures: Workshop/Storage
  • Patio And Porch Features: Porch
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Heating: Heat Pump, Central, Fireplace(s)
  • Cooling: Heat Pump, Central Air, Ceiling Fan(s)
  • Sewer: Septic Tank
  • Laundry Features: Inside, W/D Hookups, Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes

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: County,Deed Restrictions,Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
Aug 21, 2015
Sold by
Wallace Lake Property Llc
Bought by
Jernigan Paul Cameron and Jernigan Jennifer Holland
Seller's Agent
Michael Mcguire
REMAX Select Partners
Buyer's Agent
TARA DOMINGUEZ
TEAM SANDY BLANTON REALTY, INC
List Price
$264,000
Sold Price
$250,000
Premium/Discount to List
-$14,000
-5.3%
Current Estimated Value
$578,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,234
Avg. Annual Appreciation
8.37%
Original Mortgage
$245,471
Outstanding Balance
$186,669
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$390,168

Purchase Details

Closed on
Feb 10, 2012
Sold by
Flynn Dennis G
Bought by
Wallce Lake Property Llc

Purchase Details

Closed on
Nov 18, 2009
Sold by
Thomas Home Corporation
Bought by
Tsws Incorporated
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
Jernigan Paul Cameron $250,000 Attorney
Wallce Lake Property Llc -- None Available
Flynn Dennis G -- None Available
Tsws Incorporated $255,000 Surety Land Title Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jernigan Paul Cameron $245,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2015 08/21/15 Sold $250,000 -5.3% $82 / Sq Ft
07/19/2015 07/19/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $264,000 -- $87 / 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 $2,848 $254,496 -- --
2024 $2,626 $247,325 -- --
2023 $2,626 $240,121 $0 $0
2022 $2,558 $233,127 $0 $0
2021 $2,530 $226,337 $0 $0
2020 $2,517 $223,212 $0 $0
2019 $2,363 $211,353 $0 $0
2018 $2,247 $205,645 $0 $0
2017 $2,175 $201,415 $0 $0
2016 $2,166 $197,272 $0 $0
2015 $2,602 $188,774 $0 $0
2014 $2,708 $193,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 481604

Pensacola Association of REALTORS®

APN: 13-2N-30-0000-00161-0000