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Sold for $175,000
  • $175,000

    4040 Wilkes St, Pace, FL 32571

    3beds
    1,794sqft
    Single Family Residence
    Built in 1925
    0.34 Acres Lot
    $185,100 Zestimate®
    $98/sqft
    $1,881 Estimated rent

    Home value

    $185,100

    $176,000 - $194,000

    $1,881/mo

    Zestimate® history
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    What's special

    Private entranceNew roofLaundry areaCentral air conditioningLow-maintenance tile flooring throughoutPrivate drivewayShed for added storage
    Endless possibilities await with this unique property featuring a main home and detached ADU tucked away on a private cul-de-sac in the heart of Pace! Conveniently located with easy access to Highway 90, Milton, and Pensacola, this R1M-zoned property sits on a spacious .35-acre lot and offers incredible flexibility for homeowners and investors alike. The main house is currently available for occupancy and features 2 bedrooms, 2 full baths, a large kitchen, laundry area, and low-maintenance tile flooring throughout. Originally built in 1925, the home has been updated with a new roof and central air conditioning, with an effective age of 1970. The side two-car carport provides covered parking for one or both units, with sidewalks connecting both. The detached 1-bedroom, 1-bath apartment, built in 1970, is currently leased month-to-month, offering a great opportunity for rental income while providing flexibility for future plans. It features its own private driveway, private entrance, and low-maintenance tile flooring. The large lot offers plenty of outdoor space along with a shed for added storage. This home fits every need whether you're an investor looking to add a proven income-producing property to your portfolio, in search of a great multi-generational living space or a buyer looking for a home with additional income potential, this property offers an opportunity to put the space to work for you. Occupy the main home while the month-to-month ADU lease helps offset your monthly housing expenses—or explore the many other possibilities this versatile property provides.

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Ranieri-Sorrells 850-501-5193,

    REMAX Select Partners

    Bought with:

    Elizabeth Ranieri-Sorrells

    REMAX Select Partners

    Source: PAR,MLS#: 686454MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: First
    • Area: 256
    • Dimensions: 16 x 16
    Heating
    • Central, Wall/Window Unit(s)
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Water Heater, Dishwasher
    • Laundry: Inside, W/D Hookups
    Features
    • Flooring: Tile
    • Has basement: No
    Interior area
    • Total structure area: 1,218
    • Total interior livable area: 1,794 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Car Carport, Guest, Side Entrance
    • Carport spaces: 2
    Accessibility
    • Accessibility features: Exterior Handicap Provision
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch
    • Pool features: None
    • Fencing: Chain Link
    Lot
    • Size: 0.34 Acres
    • Features: Central Access, Cul-De-Sac
    Details
    • Additional structures: Guest House, Detached Self Contained Living Area
    • Parcel number: 231n291210056000010
    • Zoning description: Res Multi

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Off Grade, Slab
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: Public
    Green energy
    • Energy efficient items: No Energy Features

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Pace

    Financial & listing details

    • Price per square foot: $98/sqft
    • Tax assessed value: $162,590
    • Annual tax amount: $2,328
    • Price range: $175K - $175K
    • Date on market: 7/25/2026
    • Cumulative days on market: 46 days

    Price history

    DateEventPrice
    10/30/2026Sold$175,000-7.4%$98/sqft
    Source: PAR #686454 Report a problem
    9/8/2026Contingent$189,000$105/sqft
    Source: PAR #686454 Report a problem
    8/26/2026Price change$189,000-3.1%$105/sqft
    Source: PAR #688075 Report a problem
    8/15/2026Price change$195,000-2%$109/sqft
    Source: PAR #686454 Report a problem
    7/25/2026Listed for sale$199,000+176.4%$111/sqft
    Source: PAR #686454 Report a problem
    3/9/2026Sold$72,000+140%$40/sqft
    Source: Public Record Report a problem
    5/12/2025Listing removed$1,200$1/sqft
    Source: Zillow Rentals Report a problem
    5/9/2025Listed for rent$1,200+76.5%$1/sqft
    Source: Zillow Rentals Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    2/3/2015Listing removed$680
    Source: Owner Report a problem
    1/24/2015Listed for rent$680
    Source: Owner Report a problem
    9/16/2014Sold$30,000$17/sqft
    Source: PAR #455615 Report a problem
    8/11/2014Listed for sale$30,000-14%$17/sqft
    Source: Exit Realty N. F. I. #455615 Report a problem
    6/25/2014Listing removed$34,900$19/sqft
    Source: EXIT Realty N.F.I. #455615 Report a problem
    6/10/2014Price change$34,900-8.8%$19/sqft
    Source: EXIT Realty N.F.I. #455615 Report a problem
    5/13/2014Listed for sale$38,250-69.4%$21/sqft
    Source: Exit Realty N. F. I. #455615 Report a problem
    9/16/2005Sold$125,000+73.6%$70/sqft
    Source: Public Record Report a problem
    6/28/2000Sold$72,000-10%$40/sqft
    Source: Public Record Report a problem
    1/3/1996Sold$80,000$45/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,328 +5.4%$159,820 +10%
    2024$2,210 +23.8%$145,291 +12.2%
    2023$1,785 +7.9%$129,504 +10%
    2022$1,655 +12.1%$117,731 +10%
    2021$1,476 +11.1%$107,028 +10%
    2020$1,329 +0.6%$97,298 +0.9%
    2019$1,321 $96,427 +2.8%
    2018$1,321 -7.1%$93,764 +2.1%
    2017$1,422 $91,826 +6.7%
    2016$1,422 +3.7%$86,052 +3.3%
    2015$1,371 +0.4%$83,324 -1.4%
    2014$1,366 $84,491 +6.4%
    2013-- $79,402 -2.2%
    2012-- $81,182 -1.8%
    2011-- $82,656 -1.9%
    2009-- $84,217
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    2000-- --
    Find assessor info on the county website

    Neighborhood: 32571

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Dixon
    • Middle: SIMS
    • High: Pace

    Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
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    $185,100
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    With Zillow Showcase(estimated)

    $188,802

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $185,100
    2% more
    +$3,702
    With Zillow Showcase(estimated)

    $188,802