$285,000
SOLD NOV 8, 2017

5500 Madelines Way Pace, FL 32571

4 Beds
3 Baths
2,588 Sq Ft
0.37 Acres

Recently Sold

$110 Per Sq Ft

5% Below List Price

105 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • High Ceiling
  • S.S. Dixon Intermediate School Rated A-
  • Lanai
  • Granite Countertops

About This Home

As of October 2019

~~~OPEN HOUSE Wednesday, September 6th, 6pm-7pm ~~~ Welcome home to Laurelwood Subdivision in Pace! This home was made for entertaining and spreading out. From the moment you walk in, you are greeted with high ceilings and decorative arches that convey both taste and modern simplicity. Enjoy a modern floorplan with formal dining and a sitting room off the beautiful hardwood-floored foyer. The archways invite you to the open concept great room with it’s cozy fireplace on one side and a grand chef’s kitchen on the other. This kitchen has beautiful granite countertops with hop-up breakfast bar, stainless steel, high-end appliance including: extra wide five-burner flat-top stove, french door refrigerator, and oven with small side oven and a separate warming drawer not to mention the fabulous italian vent hood! The eating area looks out over the the expansive 43’ long covered back porch. Off this side of the home is the expansive master suite, with ensuite bathroom boasting a double vanity, giant walk-in closet, garden tub, and separate shower. The Master also features french doors leading out to the serene, privacy-fenced back yard. The privacy of the layout is perfect with a double split design, two guest rooms in the front opposite the master, and the fourth bedroom lies in the back and has a private bath with access to the back porch as well (perfect for a pool bath in the future.) Exterior features include an oversized two-car, side-entry garage, sprinklers covering the entire front and back yard, gutters in the front, fabric hurricane window covers, and a small portable storage building. Homes in this neighborhood do not come available often, so move fast!

Last Agent to Sell the Property

Cinnamon Reed

KELLER WILLIAMS REALTY GULF COAST Listed on: 05/30/2017

KELLER WILLIAMS REALTY GULF COAST

Co-Listed By

Paul Machado

Machado Realty Inc.

Last Buyer's Agent

Susan Bastajian

KELLER WILLIAMS REALTY GULF COAST

KELLER WILLIAMS REALTY GULF COAST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,407

Year Built

  • Built in 2012

Lot Details

  • 0.37 Acre Lot
  • Privacy Fence
  • Back Yard Fenced
  • Interior Lot

Parking

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

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Ridge Vents on the Roof

Interior Spaces

  • 2,588 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Shutters
  • Blinds
  • Family Room Downstairs
  • Formal Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

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
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Property has a 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
  • Road Surface Type: Paved
  • Co List Office Mls Id: KWR001
  • Co List Office Phone: 850-471-5000
  • Subdivision Name: Laurelwood
  • Directions: Hwy 90 turn North on Woodbine Road. Turn right onto Chumuckla Hwy. Approximately 3 miles turn left on Laurel Lee Blvd.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulation, Insulated Walls, Ridge Vent
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Built In Microwave, Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Hardwood, Tile, Carpet
  • Interior Amenities: Baseboards, Crown Molding, High Ceilings, Recessed Lighting
  • Window Features: Double Pane Windows, Blinds, Shutters
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Bar, Breakfast Room/Nook, Formal Dining Room
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 143
  • Master Bedroom Master Bedroom Width: 17
  • Room Family Room Area: 420
  • Room Bedroom2 Level: First
  • Master Bedroom Features: Ceiling Fan(s), Master Downstairs, Split, Walk-In Closet(s)
  • Room Family Room Level: First
  • Room Kitchen Features: Not Updated, Granite Counters, Kitchen Island, Pantry
  • Room Living Room Area: 144
  • Room Kitchen Area: 195
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 289
  • Room Dining Room Area: 144
  • Master Bathroom Features: Double Vanity, Soaking Tub, Granite Counters, Separate Shower, Water Closet, Walk-In Closet(s)

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Privacy
  • Lot Features: Interior Lot
  • Pool Features: None
  • Construction Type: Frame
  • Exterior Features: Sprinkler, Rain Gutters
  • Foundation Details: Slab
  • Other Structures: Yard Building
  • Patio And Porch Features: Lanai
  • 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: Central, Fireplace(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 16117.2
  • Zoning Description: Deed Restrictions,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
$483,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,872
Avg. Annual Appreciation
9.89%
Original Mortgage
$266,000
Interest Rate
3.5%
Mortgage Type
New Conventional

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
7.23%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $284,500 Clear Title
Trustee Deed $245,100 None Available
Warranty Deed $285,000 Surety Land Title Of Florida
Warranty Deed $286,600 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $268,000 New Conventional
Closed $266,000 New Conventional
Previous Owner $279,837 FHA
Previous Owner $232,065 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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: 518566

Pensacola Association of REALTORS®

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