1903 Wallace Lake Rd, Pace (Milton), FL 32571 Property Records

Santa Rosa County property record for 1903 Wallace Lake Rd, Pace, FL 32571

Property Summary

Property Type	Single Family Home
Details	3 bd · 3 ba · 2,497 sqft · built 2021
Lot Size	10 acres (436,907 sqft)
Owner	Individual on Record
Last Sale	$85,000 (Jun 2018)
Tax Bill	$5,851 (2024)
Deeds & Mortgages	Aug 2020 Construction Loan Jun 2018 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`10-2N-30-0000-00127-0000`

Property Details

APN / Parcel Number

Primary APN	`10-2N-30-0000-00127-0000`

Interior

Bedrooms	3 Beds
Full Baths	3 Baths
Stories	1 Story
Building Area	2,497 sqft Heated Area
1st Floor Area	2,497 sqft
Flooring	Laminate Plank
Interior Walls	Custom/Decorative

Exterior

Year Built	Built 2021
Exterior Material	Brick
Construction Type	Wood
Foundation Type	Masonry
Roof Material	Shingle
Lot Area	436,907 sqft (10 acres)
Garage Type	Carport
Carport	Carport
Parking Spaces	2 Parking Spaces
Porch	Open Porch

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air

Location & Zoning

Account Number	102N300000001270000
Street Address	1903 WALLACE LAKE RD
City	PACE
State	FL
Zip	32571-9114
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	AG1
Legal Description	NEW PARCEL FOR 2018 TAX YR COM AT SW CORN OF SECTION 10 TOWNSHIP 2 NORTH RANGE 30 WEST THN S86*44'52E ON S SEC LN 985.19 FT
Legal Range	30W
Legal Township	02N
Legal Section	10
Legal Subdivision	WEST
Legal Lot Number	5
Jurisdiction	SANTA ROSA FL
Township / Civil Division	PACE
Census Block Group	1
Census Block	1018
Census Tract	10302

Owner

Source: Santa Rosa County assessment roll, as of July 1, 2024

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual on Record
Mailing Address	1903 WALLACE LAKE RD, PACE, FL 32571-9114
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Aug 18, 2020	Deed of Trust, Mortgage · Construction Mortgage UNITED BANK
Jun 19, 2018	Deed of Trust, Mortgage · Line of Credit HANCOCK WHITNEY BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 19, 2018 · Amount on Record
Deed Sale	Jun 19, 2018 · Amount on Record
Deed Document Number	0003740600
Record Updated	Jun 8, 2026

August 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANTA ROSA FL
Property Address	1903 WALLACE LAKE RD, PACE, FL 32571-9114
Transaction Type	Mortgage
Record Updated	Dec 21, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	146 CRAFT ST, PENSACOLA, FL 32534-1321

Mortgage

Document Number	0039911262
Date	Aug 18, 2020
Book Page	3991/1262
Instrument	202041936

Lender

Name	UNITED BANK
Type	Bank
Address	ATMORE, AL 36502

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	373 Months
Due	Sep 1, 2051

June 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANTA ROSA FL
Property Address	1903 WALLACE LAKE RD, PACE, FL 32571-9114
Document Number	0037400606
Instrument Date	Jun 19, 2018
Transaction Type	Mortgage
Record Updated	Jan 7, 2019

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	146 CRAFT ST PENSACOLA FL 325341321, PENSACOLA, FL 32534-1321

Mortgage

Document Number	0037400606
Date	Jun 21, 2018
Book Page	003740/000606
Instrument	26143

Lender

Name	HANCOCK WHITNEY BK
Address	PENSACOLA, FL 32504

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Santa Rosa County assessment roll, as of July 1, 2024

Property Jurisdictions

Type	Name
State	Florida
County	Santa Rosa County
Unified School District	Santa Rosa County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2024	$5,851.00 (-2.34%)	$479,149 (+4.71%) Land $170,695 Building $308,454	$479,149 (+4.71%) Land $170,695 Building $308,454
2023	$5,991.00 (+2.57%)	$457,580 (+3.49%) Land $151,729 Building $305,851	$457,580 (+3.49%) Land $151,729 Building $305,851
2022	$5,841.00	$442,160	$442,160 Land $139,085 Building $303,075

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective November 18, 2021 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 149 policies
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	149 in force
Nearby Flood Claims	3 (2020)
Claims Outside the SFHA	3 of 3
Most Recent Claim	Sep 2020 · Hurricane Sally
Claims by Event	Hurricane Sally, Sep 2020 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Moderate above 67% of the US · above 45% of Florida
Wildfire Likelihood	0.3% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 9 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Conexon Connect Fiber	2,000 / 2,000
Verizon Fixed Wireless	300 / 20

May also be available: AT&T.

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