$225,000

7151 Wallace Dr Pace, FL 32571

$2,672
Closing credit¹
3 beds
2 full
1,237 sqft
1.0 acres
$182 / sqft
House

Property details

About 7151 Wallace Dr

This quaint home sitting on nearly 1 acre of flat property is just the place you need to call home! With 3 bedrooms and two bathrooms this home is the perfect size for your next life journey. Featuring carpet in the bedrooms and tile in the living areas, updated guest bathroom, newer oven/stove and dishwasher, and new ceiling fans. Additional features include: 2 car carport, additional storage area and workshop with power, new back door, wrap-around porch, HVAC replaced 2023, Septic pumped 2024. Roof will be replaced prior to closing with acceptable offer! This growing area of Pace is sure to be perfect for you to plant roots! Schedule your showing today!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusAccepting Backup Offers
(Contingent)
CoolingCentral Air, Ceiling Fan(s)
Size1,237 sqft
Lot size0.96 Acres
Year built1988
Parking2 Car Carport, Detached
MLS #662899

Summary

  • Full Bathrooms: 2
  • Appliances: Electric Water Heater, Dishwasher, Microwave, Refrigerator
  • Flooring Type: Tile, Carpet
  • Total Bedroom Count: 3
  • Parking: 2 Car Carport, Detached
  • Architectural Style: Country
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $225,000
  • Price/SqFt: $181
  • Annual Tax Amount: $674
  • Tax Year: 2023
  • Directions: Chumuckla Hwy 197 to Wallace Lake Rd, Right on Wallace Dr, Home on Left
  • Year Built: 1988
  • Stories: 1
  • Living Area: 1,237 SqFt
  • Lot Size: 0.96 Acres
  • MLS Number: 662899
  • MLS Name: Pensacola MLS
  • Office Name: The Property Group 850 Inc.
  • Office Phone: (850) 682-9121
  • Listing Agent: Heather Vaughn

Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

ranch-style home featuring a front lawn, brick siding, and a shingled roof

$225,000

7151 Wallace Dr

$2,672

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 14, 2017
Home Sold
$139,500
Dec 31, 2009
Home Sold
$125,000

Tax history

YearAssessmentProperty Tax
2023$96,125$674
2022$93,325$645
2021$90,607$645

History based on county public records data.

Nearby schools

6

S. S. Dixon Intermediate School

Public District 3-5

3.6 mi

5540 Education Dr

7

Berryhill Elementary School

Public District PK-5

5.0 mi

4900 Berryhill Rd

8

Chumuckla Elementary School

Public District PK-6

6.8 mi

2312 Highway 182

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $86,700. Residents of Pace, FL typically earn between $35k-100k each year. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

12%
<35k
47%
35k-100k
31%
100k-200k
10%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

21%
Single, No Kids
8%
Single, with Kids
37%
Married, No Kids
34%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
11%
12-17 yrs old
14%
18-34 yrs old
47%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • College FootballCollege Football
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Best BuyBest Buy
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • PaneraPanera
  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • InfinitiInfiniti
  • RamRam
  • LexusLexus

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • Contemporary ChristianContemporary Christian
  • OldiesOldies
All data provided by Home Junction and Claritas

Frequently asked questions

About 7151 Wallace Dr

The listing price of 7151 Wallace Dr property is $225,000.

The property 7151 Wallace Dr is a house located in Pace, Florida, 32571.

Accepting Backup Offers: 7151 Wallace Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 7151 Wallace Dr are: S. S. Dixon Intermediate School (GreatSchools Rating 6/10), Berryhill Elementary School (GreatSchools Rating 7/10), Chumuckla Elementary School (GreatSchools Rating 8/10), Thomas L. Sims Middle School (GreatSchools Rating 8/10), Hobbs Middle School (GreatSchools Rating 4/10), Martin Luther King Middle School (GreatSchools Rating 4/10), Pace High School (GreatSchools Rating 6/10), Santa Rosa Virtual Franchise (GreatSchools Rating 8/10), Santa Rosa Adult School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $674 (source: MLS/based on county public records data).

The last sale was on November 14, 2017 for $139,500 (source: MLS/tax record).

The property at 7151 Wallace Dr has 3 bedrooms and 2 bathrooms.

The property 7151 Wallace Dr is 1,237 SqFt (source: MLS/tax record).

The year of construction for 7151 Wallace Dr is 1988.

This home is located at 7151 Wallace Dr in Pace, FL and zip code 32571 in the Wallace neighborhood. This 1,237 square foot home, which was built in 1988, sits on a 0.96 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 19, 2025 and is currently priced at $225,000.

Over 9 listings were sold over their listed price in April 2025 in Pace, FL. In the same period over 28 listings were sold below the listed price and 16 listings were sold for the listed price. Between March and April 2025, Pace, FL real estate market has seen increase in the number of listings by 9.1%. In April 2025 median list price was $327,754 and the average listing age was 74 days.

From Rocket Homes Real Estate and based on county public records data.

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