Approximately 10 acre farm in North Walton county. Property is fenced and cross fenced with nice cypress pond in rear. Has 4 inch deep well, septic and power already installed. Older 2 bedroom 1 bath mobile home located on the property currently occupied. Several other buildings and sheds. Multiple large garden areas currently growing turnips and other greens. Multiple fruit trees. Paved road frontage on Sandy Ramp and additional road frontage and driveway on Wallace Rd. Tons of potential. Property does need TLC.
Property Details
Property Features
Listing Office:
Office Name: Iron Horse Realty Of Nw Florid
Office Email: charlie@ihorserealty.com
Listing Agent: Charles A McKinley
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Pond
Lot Features
Lot Information:
Lot: Corner Lot, Level, Wooded
Lot Size: 10.00 Acres
Other
Directions Information:
Directions: From DeFuniak take 331 N to a right on CR 0605 then a left on Sandy Ramp Rd. Property on the corner of Wallace Rd and Sandy Ramp Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $179,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Defuniak Springs, FL.
This property is $80.1K less than the Median Sold Price in Defuniak Springs, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Emerald Coast Association of REALTORS®
MLS Number: #942277
Listing Office:
Office Name: Iron Horse Realty Of Nw Florid
Office Email: charlie@ihorserealty.com
Listing Agent: Charles A McKinley
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 13, 2005
Jul 13, 2005Home Sold
$80,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$965
Per Month
Principal & Interest
$898
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$606
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Ws Harlan Elementary School
1641 Mohegan St
Distance between this listing and this school7.88 miles
Public District Grades PK-6
7
/10
Mossy Head Elementary School
13270 US Highway 90 W
Distance between this listing and this school15.89 miles
Public District Grades PK-5
5
/10
Maude Saunders Elementary School
416 John Baldwin Rd
Distance between this listing and this school16.06 miles
Public District Grades KG-5
Nearby Schools
4
/10
Samson Middle School
209 N Broad St
Distance between this listing and this school15.86 miles
Public District Grades 6-8
5
/10
Walton Middle School
605 Bruce Ave
Distance between this listing and this school18.64 miles
Public District Grades 6-8
6
/10
Davidson Middle School
6261 Old Bethel Rd
Distance between this listing and this school22.14 miles
Public District Grades 6-8
Nearby Schools
6
/10
Paxton School
21893 US Highway 331 N
Distance between this listing and this school3.89 miles
Public District Grades PK-12
6
/10
Florala High School
22114 Begonia St
Distance between this listing and this school6.42 miles
Public District Grades 7-12
6
/10
Laurel Hill School
8078 4th St
Distance between this listing and this school13.10 miles
The neighbors living near this home have an average income of $53,484. The most common annual income of people living in Defuniak Springs, FL is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1287 Wallace Rd
What is the listing price of this property?
The listing price of 1287 Wallace Rd property is $179,900.
What type of property is this?
The property 1287 Wallace Rd is land located in Defuniak Springs, Florida, 32433.
Is this property for sale now?
Active Listing: 1287 Wallace Rd is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on July 13, 2005 for $80,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1287 Wallace Rd in Defuniak Springs, FL and zip code 32433. This home sits on a 10.00 acre lot. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $179,900.
In October 2024 more than 0 listings in Defuniak Springs, FL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 8 were sold below. Between September 2024 and October 2024, Defuniak Springs, FL real estate market has seen decrease in the number of listings by 2.8%. The median list price of listings available in October 2024 was $260,000, while the average time on the real estate market was 64 days.
From Rocket Homes Real Estate and based on county public records data.