NOT LISTED FOR SALE

5506 Mill Race Cir Pace, FL 32571

Estimated Value: $419,000 - $452,000

4 Beds
3 Baths
2,659 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $260,000 $98 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,444/month

181 Days on Market

Highlights

  • Under Construction
  • Traditional Architecture
  • Covered patio or porch
  • S.S. Dixon Intermediate School Rated A-
  • Granite Countertops
  • Breakfast Area or Nook

About This Home

As of December 2017

Welcome to Pace Mill Creek! Where the entrance is lined with trees on a private road and very convenient to schools! This 4/3 home is tucked away with tons of great features: open style kitchen with granite counter tops, island with power, tile in all wet areas, stainless steel appliances, French doors to the 12x12 covered pack patio, tray ceiling in master bedroom, huge walk in closet, garden tub with separate shower, sidewalks, and street lights! This home is currently under construction. Pictures are of a similar home with the same floor plan. Options and colors may vary from what is displayed in the photos. Pictures of actual home are available upon request.

Last Agent to Sell the Property

Tracy Lynn

THOMAS HOME CORPORATION Listed on: 05/30/2017

Last Buyer's Agent

BILL HORN

Paradise Home Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $199

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 0.3

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,659 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Shutters
  • Insulated Doors
  • Family Room Downstairs
  • Formal Dining Room
  • Inside Utility
  • Washer and Dryer Hookup
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Underground Utilities
  • Electric Water Heater

Additional Features

  • Energy-Efficient Insulation
  • Covered patio or porch
  • 0.3 Acre Lot

Community Details

  • Association fees include deed restrictions
  • Pace Mill Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 332N29301100D000240

Home Details

Home Type

Single Family

Est. Annual Taxes

$199

Year Built

Built in 2017 | Under Construction

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Stories: 1
  • Parcel Number: 332N29301100D000240
  • Property Type: Residential
  • Year Built: 2017
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Subdivision Name: Pace Mill Creek
  • Directions: From Hwy 90: North on Chumuckla Hwy. Right on Education Dr. Take first right on Pace Mill Way. Follow roundabout and take the second exit onto Stone Circle. Continue on Stone Circle, passing the model home sales office. Take a left onto Mill Race Circle.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: Heat Pump, Insulation, Insulated Walls
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: NewHome

Interior Features

  • Appliances: Electric Water Heater, Built In Microwave, Dishwasher, Disposal
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Flooring: Tile, Carpet
  • Interior Amenities: Baseboards, Walk-In Closet(s)
  • Living Area: 2659
  • Window Features: Double Pane Windows, Shutters
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Bar, Breakfast Room/Nook, Formal Dining Room
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 156
  • Master Bedroom Master Bedroom Width: 20
  • Room Family Room Area: 400
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Kitchen Features: Not Updated, Granite Counters, Kitchen Island, Pantry
  • Room Kitchen Area: 256
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 300
  • Room Dining Room Area: 176
  • Master Bathroom Features: 2 or More Closets, Double Vanity, Soaking Tub, Separate Shower, Water Closet, Walk-In Closet(s)

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Construction Type: Brick, Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch, Covered Porch
  • Property Condition: Under Construction

Garage/Parking

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

Utilities

  • Heating: Heat Pump, Central
  • Cooling: Heat Pump, Central Air
  • Sewer: Public Sewer
  • Laundry Features: Inside, W/D Hookups
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association, Deed Restrictions

Schools

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

Lot Info

  • Lot Size Sq Ft: 13068
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Dec 28, 2017
Sold by
The U I L Family Limited Partnership
Bought by
Hand Robert H and Hand Alison Nicole
Seller's Agent
Tracy Lynn
THOMAS HOME CORPORATION
Buyer's Agent
BILL HORN
Paradise Home Realty, LLC
List Price
$265,220
Sold Price
$260,000
Premium/Discount to List
-$5,220
-1.97%
Current Estimated Value
$433,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,214
Avg. Annual Appreciation
7.17%
Original Mortgage
$268,580
Outstanding Balance
$229,323
Interest Rate
3.95%
Mortgage Type
VA
Estimated Equity
$207,202
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 Buyer Sale Price Title Company
Hand Robert H $260,000 Guarantee Title Of Northwest
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hand Robert H $268,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $260,000 -3.7% $98 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/06/2017 11/06/17 Price Changed $269,895 +0.6% $102 / Sq Ft
09/11/2017 09/11/17 Price Changed $268,395 +0.2% $101 / Sq Ft
08/08/2017 08/08/17 Price Changed $267,895 +0.2% $101 / Sq Ft
08/03/2017 08/03/17 Price Changed $267,395 0.0% $101 / Sq Ft
07/11/2017 07/11/17 Price Changed $267,395 +0.6% $101 / Sq Ft
06/07/2017 06/07/17 Price Changed $265,720 +0.2% $100 / Sq Ft
05/30/2017 05/30/17 For Sale $265,220 -- $100 / 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 $199 $268,270 -- --
2023 $199 $260,456 $0 $0
2022 $199 $252,869 $0 $0
2021 $2,988 $245,504 $0 $0
2020 $2,960 $242,114 $0 $0
2019 $3,280 $226,418 $0 $0
2018 $2,882 $216,877 $0 $0
2017 $506 $25,000 $0 $0
2016 $334 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 518542

Pensacola Association of REALTORS®

APN: 33-2N-29-3017-00D00-0240