NOT LISTED FOR SALE

5500 Madelines Way Pace, FL 32571

Estimated Value: $465,190 - $512,000

4 Beds
3 Baths
2,588 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $284,500 $110 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,826/month

48 Days on Market

Highlights

  • Contemporary Architecture
  • Cathedral Ceiling
  • Granite Countertops
  • S.S. Dixon Intermediate School Rated A-
  • Lanai
  • No HOA

About This Home

As of October 2019

Vacant. Painted and cleaned. "GEM" OF A HOME in BEAUTIFUL LAURELWOOD S/D in PACE!!! Laurelwood is a block from Education Dr (access road to Sims Middle School and Dixon Intermediate School) has sidewalks, underground utilities and a NO HOA. This 4BR/3BA split floor plan home has a covered front porch with Carpenter Style Columns that leads to an Elegant leaded glass front door. Entering the home, you'll notice the beautiful wood floor in foyer and textured walls and ceilings. Arch-ways lead you to a FORMAL LIVING ROOM on the right, a FORMAL DINING ROOM w/stylish chandelier on the left and straight ahead to a HUGE GREAT/FAMILY ROOM w/wood burning FIREPLACE, ceiling fan and French doors leading to an EXTRA-LARGE COVERED BACK PORCH/PATIO (43'x 10'). Avanti Cabernet Cabinets w/knobs and crown molding; GRANITE COUNTER TOPS ; Breakfast Bar; Breakfast Nook; Tile floors. The SPACIOUS MASTER BEDROOM (17'x17') has vertical trey ceiling, ceiling fan and French Door to access the covered back porch. MASTER BATHROOM has "L" shape DOUBLE VANITY w/GRANITE TOPS, Garden Tub w/acrylic block window above tiled surround, a SEPARATE TILED SHOWER; enclosed toilet area and LARGE WALK-IN CLOSET. All bathrooms have tile floors and granite counters. THREE GUEST BEDROOMS, one of which is separate in the back with it's own bathroom and access to the back porch. All bedrooms have phone and cable ready outlets. Large laundry room with Pantry. Additional features of the home include Alarm System, Gutters, Sprinkler System, Two Car Side Entry Garage, Dimensional Shingles & Hurricane Armor Window Protection.

Last Agent to Sell the Property

Robert Littman

R L Enterprises LLC Listed on: 08/14/2019

Last Buyer's Agent

Amanda Leavins

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,407

Year Built

  • Built in 2012

Lot Details

  • 0.37 Acre Lot
  • Cul-De-Sac
  • Privacy Fence

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,588 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Combination Kitchen and Dining Room
  • Granite Countertops
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Soaking Tub

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Lanai
  • Rain Gutters

Schools

  • Dixon Elementary School
  • SIMS Middle School
  • Pace High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Laurelwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 322N29230200A000080

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,407

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Stories: 1
  • Parcel Number: 322N29230200A000080
  • Property Type: Residential
  • Year Built: 2012
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.37
  • Subdivision Name: Laurelwood
  • Directions: Hwy 90 turn North onto Chumuckla Hwy. Approximately 3 miles turn Right on Laurel Lee Blvd (Laurelwood S/D) then Right on Madelines Way. Home is on the Right.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulation, Insulated Walls
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Tile, Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2588
  • Window Features: Double Pane Windows
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Kitchen/Dining Combo
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 17
  • Master Bedroom Features: Cathedral Ceiling(s), Walk-In Closet(s)
  • Room Kitchen Features: Not Updated, Granite Counters
  • Room Master Bedroom Area: 289
  • Master Bathroom Features: Soaking Tub, Granite Counters

Exterior Features

  • Roof: Composition
  • Fencing: Privacy
  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Construction Type: Frame
  • Exterior Features: Rain Gutters
  • Foundation Details: Slab
  • Patio And Porch Features: Lanai
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Dixon
  • High School: Pace
  • Middle Or Junior School: Sims

Lot Info

  • Lot Size Sq Ft: 16117.2
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2019
Closed on
Oct 22, 2019
Sold by
Tropical Castle Homes Llc
Bought by
Stevens Nathan and Stevens Cindy
Seller's Agent
Robert Littman
R L Enterprises LLC
Buyer's Agent
Amanda Leavins
Coldwell Banker Realty
List Price
$319,900
Sold Price
$284,500
Premium/Discount to List
-$35,400
-11.07%
Current Estimated Value
$482,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,798
Avg. Annual Appreciation
9.08%
Original Mortgage
$266,000
Outstanding Balance
$233,029
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$249,269

Purchase Details

Closed on
Jul 17, 2019
Sold by
St Louis Eric Henry Carl
Bought by
Tropical Castle Homes Llc

Purchase Details

Listed on
May 30, 2017
Closed on
Nov 4, 2017
Sold by
Hurt James Bouyce and Hurt Grace P
Bought by
Louise Eric St
Seller's Agent
Cinnamon Reed
KELLER WILLIAMS REALTY GULF COAST
Buyer's Agent
Susan Bastajian
KELLER WILLIAMS REALTY GULF COAST
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$279,837
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 7, 2012
Closed on
Jul 3, 2013
Sold by
Chb Of Northwest Florida Inc
Bought by
Hunt James Boyce and Hunt Grace P
Seller's Agent
MILTON ROGERS
MILTON C. ROGERS, BROKER
Buyer's Agent
William Sheffield
Bill Sheffield Realty
List Price
$281,900
Sold Price
$286,508
Premium/Discount to List
$4,608
1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.12%
Original Mortgage
$232,065
Interest Rate
3.59%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Stevens Nathan $284,500 Clear Title
Tropical Castle Homes Llc $245,100 None Available
Louise Eric St $285,000 Surety Land Title Of Florida
Hunt James Boyce $286,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Nathan $266,000
Previous Owner Louise Eric St $279,837
Previous Owner Hunt James Boyce $232,065
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2019 10/24/19 Sold $284,500 -1.2% $110 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/13/2019 09/13/19 Price Changed $287,900 -0.7% $111 / Sq Ft
09/05/2019 09/05/19 Price Changed $289,900 -3.3% $112 / Sq Ft
08/25/2019 08/25/19 Price Changed $299,900 -3.2% $116 / Sq Ft
08/21/2019 08/21/19 Price Changed $309,900 -3.1% $120 / Sq Ft
08/14/2019 08/14/19 For Sale $319,900 +12.2% $124 / Sq Ft
11/08/2017 11/08/17 Sold $285,000 0.0% $110 / Sq Ft View Prior Sale
09/12/2017 09/12/17 Pending -- -- --
09/02/2017 09/02/17 Price Changed $285,000 -1.4% $110 / Sq Ft
07/10/2017 07/10/17 Price Changed $289,000 -3.7% $112 / Sq Ft
05/30/2017 05/30/17 For Sale $300,000 +4.7% $116 / Sq Ft
07/03/2013 07/03/13 Sold $286,508 +1.6% $111 / Sq Ft View Prior Sale
06/11/2013 06/11/13 Pending -- -- --
09/07/2012 09/07/12 For Sale $281,900 -- $109 / 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
2024 $3,407 $299,151 -- --
2023 $3,407 $290,438 $0 $0
2022 $3,326 $281,979 $0 $0
2021 $3,268 $273,766 $0 $0
2020 $3,253 $269,986 $0 $0
2019 $3,060 $255,139 $0 $0
2018 $2,899 $250,382 $0 $0
2017 $2,680 $235,679 $0 $0
2016 $2,658 $230,832 $0 $0
2015 $2,698 $229,227 $0 $0
2014 $2,719 $227,408 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 559135

Pensacola Association of REALTORS®

APN: 32-2N-29-2302-00A00-0080