NOT LISTED FOR SALE

5951 Palermo Dr Pace, FL 32571

Estimated Value: $310,783 - $333,000

3 Beds
2 Baths
1,998 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $315,000 $158 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,965/month

4 Days on Market

Highlights

  • Craftsman Architecture
  • Home Office
  • Eat-In Kitchen
  • High Ceiling
  • Covered Patio or Porch
  • Interior Lot

About This Home

As of September 2023

Craftsman brick home in central Pace. 3 bed/ 2 bath with an OFFICE, 2 car side entry garage with nearly 2000 sq ft. When you first walk into the home, you notice the spacious foyer and bonus room/office to the left with windows overlooking the front yard. The open kitchen as an island, lots of cabinet and counter space. The kitchen features stainless steel refrigerator, microwave, smooth top stove and dishwasher. The family room leads to the covered back patio. The master bedroom is located in the back of the house. The master bath features a walk in closet, dual vanity sinks, garden tub with separate shower. Both the 2nd and 3rd bedrooms have large walk in closets and conveniently located near the full 2nd bath. The laundry/utility room is located near the garage and comes with a full size washer and dryer.

Last Agent to Sell the Property

Shawna Carpenter Terry

REMAX Select Partners Listed on: 08/18/2023

REMAX Select Partners

Last Buyer's Agent

Outside Area Selling Agent

PAR Outside Area Listing Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions: 133
  • Back Yard Fenced
  • Interior Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Ridge Vents on the Roof
  • Composition Roof

Interior Spaces

  • 1,998 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Home Office
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Schools

  • Wallace Lake K-8 Elementary And Middle School
  • Pace High School

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Covered Patio or Porch

Community Details

  • Association fees include management
  • Terra Bella Subdivision

Listing and Financial Details

  • Assessor Parcel Number 282N29539500F000100

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Stories: 1
  • Parcel Number: 282N29539500F000100
  • Property Type: Residential
  • Year Built: 2014
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.28
  • Lot Size: 133 X 90
  • Road Surface Type: Paved
  • Subdivision Name: Terra Bella
  • Directions: Berryhill Road, north Luther Fowler, Left on Tuscany into Terra Bella S/D right on Palermo
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Heat Pump, Insulation, Ridge Vent
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Baseboards, Ceiling Fan(s), High Ceilings, High Speed Internet, Office/Study
  • Living Area: 1998
  • Window Features: Double Pane Windows, Blinds
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Eat-in Kitchen
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 14.5
  • Room Kitchen Features: Not Updated, Kitchen Island, Laminate Counters
  • Room Master Bedroom Area: 224.75
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Shower

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard
  • Lot Features: Interior Lot
  • Pool Features: None
  • Construction Type: Brick, Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Covered Porch
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Management

Schools

  • Elementary School: Wallace Lake K-8
  • High School: Pace
  • Middle Or Junior School: Wallace Lake K-8

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 15, 2023
Sold by
Yates Christopher H
Bought by
Zheng Rui E
Seller's Agent
Shawna Carpenter Terry
REMAX Select Partners
Buyer's Agent
Outside Area Selling Agent
PAR Outside Area Listing Office
List Price
$309,900
Sold Price
$315,000
Premium/Discount to List
$5,100
1.65%
Views
13
Current Estimated Value
$321,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,696
Avg. Annual Appreciation
0.93%
Original Mortgage
$130,000
Outstanding Balance
$118,041
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$203,655

Purchase Details

Listed on
Sep 2, 2013
Closed on
Mar 3, 2014
Sold by
D R Horton Inc
Bought by
Yates Christopher H
Seller's Agent
Eric Musch
DR HORTON REALTY OF NW FLORIDA, LLC.
List Price
$196,100
Sold Price
$259,900
Premium/Discount to List
$63,800
32.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%
Original Mortgage
$158,835
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zheng Rui E $315,000 Guarantee Title
Yates Christopher H $198,835 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Rui E $130,000
Previous Owner Yates Christopher H $158,835
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $315,000 +1.6% $158 / Sq Ft
08/18/2023 08/18/23 For Sale $309,900 +19.2% $155 / Sq Ft
03/04/2014 03/04/14 Sold $259,900 +32.5% $131 / Sq Ft View Prior Sale
12/17/2013 12/17/13 Pending -- -- --
09/02/2013 09/02/13 For Sale $196,100 -- $99 / 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 $3,200 $251,604 $38,000 $213,604
2024 $3,277 $245,944 $36,000 $209,944
2023 $3,277 $242,072 $34,000 $208,072
2022 $3,105 $236,244 $30,000 $206,244
2021 $2,835 $203,962 $28,000 $175,962
2020 $2,568 $180,871 $0 $0
2019 $2,404 $169,418 $0 $0
2018 $2,222 $164,235 $0 $0
2017 $2,133 $153,930 $0 $0
2016 $2,148 $149,187 $0 $0
2015 $2,181 $149,188 $0 $0
2014 $388 $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 631960

Pensacola Association of REALTORS®

APN: 28-2N-29-5395-00F00-0100