NOT LISTED FOR SALE

7112 Wallace Dr Milton, FL 32571

Estimated Value: $227,000 - $278,000

3 Beds
1.5 Baths
1,475 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $142,930 $97 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,445/month

11 Days on Market

Highlights

  • Updated Kitchen
  • Deck
  • Country Style Home
  • 1.01 Acre Lot
  • Wood Flooring
  • Granite Countertops

About This Home

As of July 2017

Come see this adorable COUNTRY COTTAGE on an acre of land! It has been fully renovated with new windows, new exterior doors, new walls, all new plumbing, updated electrical, and new insulation. The original hardwood floors have been restored and are beautiful. The original archways have been carefully preserved. The kitchen has new cabinets, a large pantry, new appliances, and granite countertops. The full bath has been completely renovated with a shower/tub combo, new toilet, new vanity, new fixtures, and new tile. The home has a front porch and back porch to enjoy your piece of the county. Outdoors is a gardeners blank canvas with so much room to "grow". With all of this space, a family can have a playscape and pool! Another great feature is the 2-story shed. This could be finished so that a man-cave, mother-in-law suite, or craft room can be created. Five minutes away from a new Publix and 3 minutes from the Santa Rosa Sports Plex! Seller is licensed Florida real estate agent.

Last Agent to Sell the Property

Jennifer Basinger

Coldwell Banker Realty Brokerage Phone: 850-432-5300 Listed on: 05/23/2017

Coldwell Banker Realty

Last Buyer's Agent

Martha Hobgood

RE/MAX HORIZONS REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 1.01 Acre Lot
  • The property's road front is unimproved

Parking

  • Driveway

Home Design

  • Country Style Home
  • Cottage
  • Hip Roof Shape
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Ridge Vents on the Roof

Interior Spaces

  • 1,475 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Formal Dining Room
  • Storage
  • Inside Utility

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Smart Thermostat
  • Storm Windows

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Fire Pit
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 182N290000001100000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 182N290000001100000
  • Property Type: Residential
  • Year Built: 1950
  • Electric: Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.01
  • Road Surface Type: Unimproved
  • Subdivision Name: None
  • Directions: Turn West from Chumuckla Hwy onto Wallace Lake Rd. Turn right on Wallace Dr.
  • Architectural Style: Cottage, Country
  • Building Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulated Walls, Ridge Vent
  • Property Attached Yn: No
  • Kitchen Level: First
  • Attribution Contact: OFC: 850-432-5300
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Storage, Baseboards, Bookcases, Ceiling Fan(s), Crown Molding, Recessed Lighting, Smart Thermostat
  • Window Features: Double Pane Windows, Storm Window(s)
  • Bathroom 1 Area: 49
  • Bedroom/Bathroom Features: Remodeled
  • Dining Room Features: Formal Dining Room
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Master Bedroom Features: Ceiling Fan(s)
  • Bathroom 1 Level: First
  • Room Kitchen Features: Remodeled, Granite Counters, Pantry
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 180
  • Room Dining Room Area: 182

Exterior Features

  • Roof: Hip
  • Pool Features: None
  • Construction Type: Frame
  • Exterior Features: Fire Pit
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Workshop/Storage
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Front Entrance

Utilities

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

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,Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2017
Closed on
Jul 14, 2017
Sold by
Pelican Home Investments Llc
Bought by
Creel Destiny L
Seller's Agent
Jennifer Basinger
Coldwell Banker Realty
Buyer's Agent
Martha Hobgood
RE/MAX HORIZONS REALTY
List Price
$140,000
Sold Price
$142,930
Premium/Discount to List
$2,930
2.09%
Current Estimated Value
$253,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,701
Avg. Annual Appreciation
7.01%
Original Mortgage
$142,930
Outstanding Balance
$118,339
Interest Rate
3.94%
Mortgage Type
VA
Estimated Equity
$135,292

Purchase Details

Closed on
Jul 25, 2016
Sold by
Gore Kellie D and Carnley Holly
Bought by
Pelican Home Investment Llc

Purchase Details

Closed on
Jun 1, 2016
Bought by
Creel Destiny L

Purchase Details

Closed on
May 17, 2013
Sold by
Gore Kellie D
Bought by
Gore Ii Aaron M

Purchase Details

Closed on
Jan 16, 2013
Sold by
Carnley Holly Core
Bought by
Gore Kellie Diana
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
Creel Destiny L $143,000 Attorney
Pelican Home Investment Llc $17,000 None Available
Creel Destiny L $100 --
Gore Ii Aaron M -- None Available
Gore Kellie Diana -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creel Destiny L $142,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2017 07/17/17 Sold $142,930 +2.1% $97 / Sq Ft
06/03/2017 06/03/17 Pending -- -- --
05/29/2017 05/29/17 For Sale $140,000 -2.0% $95 / Sq Ft
05/25/2017 05/25/17 Off Market $142,930 -- --
05/23/2017 05/23/17 For Sale $140,000 -- $95 / 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 $1,394 $156,932 -- --
2024 $1,786 $152,509 $28,280 $124,229
2023 $1,786 $148,794 $25,250 $123,544
2022 $1,629 $133,447 $17,170 $116,277
2021 $1,466 $112,658 $14,140 $98,518
2020 $1,308 $95,794 $0 $0
2019 $1,245 $90,916 $0 $0
2018 $1,176 $86,349 $0 $0
2017 $778 $54,506 $0 $0
2016 $760 $52,025 $0 $0
2015 $343 $44,375 $0 $0
2014 $360 $45,287 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 518206

Pensacola Association of REALTORS®

APN: 18-2N-29-0000-00110-0000