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$569,066Estimated home value

Beds
4
Baths
3.0
sq ft
3,007

2770 Wallace Lake Rd, Milton, FL 32571

2770 Wallace Lake Rd

Pace, FL 32571

  • Sold On 8/16/2024
This welcoming property combines classic charm with contemporary amenities, creating the perfect blend of comfort and efficiency with an array of modern upgrades that cater to today's discerning homeowner. Key features include a 2020 roof, (and stay cool in the summer with radiant barrier and superior insulation that enhances less energy usage); take advantage of the seller's foresight with the installation of a Trane/American Standard HVAC system with smart remote humidity control maximizing comfort and energy efficiency. Enjoy peace of mind knowing your home will always have power, no matter the weather with the Kohler 26000 natural-gas powered whole house generator. This home is equipped with an alarm system, hurricane protection devices and a current pest control bond. Step inside to find a welcoming interior featuring an split floor plan and new LVP flooring in the main areas of the house. The living area features a no-fuss electric fireplace and leads into a gourmet kitchen with granite counters, Bosch dishwasher, pantry and plenty of cabinet space. The main bedroom is spacious, with a large ensuite bath. This property has its own irrigation well and sprinkler system for a variety of gardening delights, even a Chardonnay grape arbor; plus a covered pad for boat or toy storage - all accessed through the secure metal gate with automatic opener going into the back of the property. But the best part is the detached double-bay garage with separate doors, and workshop area - equipped with an AC wall unit to provide comfortable space for hobbies or small business AND a 50 AMP RV plug. Ready to Relax? Plunge into the heated, salt-water pool in a secure screened environment and enjoy the "Cozy Cove" - a jetted area with sloped seating and soothing ambiance of the waterfall feature at the pool's edge. A 2021 Hotspring 6 person hot tub spa is close by. Down the road is the new Wallace Lake K-8 school, and a convenient Piggly Wiggly location. Don't delay!

Details

Property type

Single Family Residence

Est. home value

$569,066

Lot size

1.0 acres

Price per sq ft

$192

Year built

2006

HOA

No

Price History

08/16/2024
Pensacola

Pensacola #649717

Sold
$560,000
-2.61%
07/27/2024
Pensacola

Pensacola #649717

Pending
$574,999
07/26/2024
Pensacola

Pensacola #649717

Listed
$574,999
+49.74%

Schools & Community

Elementary school: 

Wallace Lake K-8

Middle school: 

Wallace Lake K-8

High school: 

Central

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$284,218
Asking price
$574,999
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$244,781
Cash to seller
$284,218

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

December 2020

Original loan amount

$305,000

Est. remaining balance

$244,781

Interest rate

2.33%

Loan type

New Conventional, 16 year

Seller

Richard Hobart Richards and Osemary Victoria Richards

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 09/07/2024 at 8:00 PM

Listing updated: 08/16/2024 at 8:35 PM

Listed by: Renee Decker, Full Circle Real Estate LLC Phone #: (850) 288-0827

MLS: Pensacola #649717

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