NOT LISTED FOR SALE

118 Lake Lorraine Cir Shalimar, FL 32579

Estimated Value: $449,000 - $506,000

4 Beds
2 Baths
2,168 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 27, 2017

Last sale price $295,000 $136 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,702/month

Highlights

  • In Ground Pool
  • Corner Lot
  • Central Heating and Cooling System
  • Choctawhatchee Senior High School Rated A-
  • Living Room
  • 2 Car Garage

About This Home

As of February 2023

This beautiful home is ready for move in! This home sits on the highest point in the 3rd addition of Lake Lorraine on a big corner lot. There's plenty of room for everyone with 4 bedrooms, a formal living room, a family room with wood burning fireplace, and a formal dining room as well as a breakfast area in the kitchen. Please contact Endless Horizons Realty for showings and applications. NO PETS. NO SMOKING. Pool cleaning & lawn service included monthly.

Last Agent to Rent the Property

Liza Cisneros

EXP Realty LLC License #3500028 Listed on: 02/09/2023

Last Renter's Agent

Liza Cisneros

Endless Horizons Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,111

Year Built

  • Built in 1978

Lot Details

  • Property fronts a county road
  • Corner Lot
  • Cleared Lot

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Interior Spaces

  • 2,168 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Shalimar Elementary School
  • Meigs Middle School
  • Choctawhatchee High School

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • 12 Month Lease Term
  • Assessor Parcel Number 04-2S-23-1435-0004-0230

Community Details

Overview

  • Lake Lorraine Estates 3 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,111

Year Built

Built in 1978

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 1 Year
  • Rental Info Lease Start Date: 2023-02-24

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: LAKE LORRAINE ESTATES 3
  • Directions: Take 12th Avenue in Shalimar, left on Country Club Drive, right on Lake Lorraine Circle, right on Sierra, right on Pebble Beach Drive, left on Lake Lorraine Circle. Home will be on your left at the corner
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1978
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Area: Yes
  • Rooms:Family Room: Yes
  • Lease Terms:_one_ Year: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Ice Machine, Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 18
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Refrigerator WIceMk: Yes

Exterior Features

  • Lot Features: Cleared, Corner
  • Pool Features: Pool Type
  • Exterior Features: Pool - In-Ground
  • Lot Features:Cleared: Yes
  • Exterior:Pool - In-Ground: Yes
  • Lot Features:Corner: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities Paid By All Utilities: Tenant
  • Utilities Paid By Pest Control: Tenant
  • Utilities Paid By Yard Maintenance: Owner
  • Utilities Paid By Water Sewer: Tenant
  • Utilities Paid By Garbage: Tenant
  • Utilities Paid By Internet: Tenant

Condo/Co-op/Association

  • Community Features: Pool

Schools

  • Elementary School: Shalimar
  • High School: Choctawhatchee
  • Middle Or Junior School: Meigs

Lot Info

  • Parcel #: 04-2S-23-1435-0004-0230
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2017
Closed on
Mar 27, 2017
Sold by
Gaudern Zane B and Gaudern Shannon
Bought by
Melendez Adam and Melendez Aisha L
Seller's Agent
James Whatley
Uber Realty Llc
Buyer's Agent
Michelle Martin
World Impact Real Estate
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$482,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,635
Avg. Annual Appreciation
6.02%
Original Mortgage
$301,342
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2013
Closed on
Jan 31, 2014
Sold by
Kelly Glenda and Kelly Billy S
Bought by
Gaudern Zane B and Gaudern Shannon
Seller's Agent
Jean Brooks
ERA American Real Estate
Buyer's Agent
Roxann Hogan
Select Real Estate Inc
List Price
$216,000
Sold Price
$216,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$194,400
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2007
Sold by
Reynolds Curtis R and Reynolds Karen M
Bought by
Kelly Glenda and Kelly Billy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2004
Sold by
Brown Charles Edward and Charles Edward Brown Revocable
Bought by
Reynolds Curtis R and Reynolds Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,019
Interest Rate
4.75%
Mortgage Type
VA

Purchase Details

Closed on
Dec 18, 2000
Sold by
Brown Charles E and Brown Sandra K
Bought by
Brown Charles Edward and Charles Edward Brown Revocable
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Melendez Adam $295,000 Aqua Title Services
Gaudern Zane B $216,000 Aqua Title
Kelly Glenda $315,000 Old South Land Title
Reynolds Curtis R $243,000 Stewart Acquire Land Title
Brown Charles Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melendez Adam $286,310
Closed Melendez Adam $301,342
Previous Owner Gaudern Zane B $194,400
Previous Owner Kelly Glenda $315,000
Previous Owner Reynolds Curtis R $65,000
Previous Owner Reynolds Curtis R $253,500
Previous Owner Reynolds Curtis R $251,019
Previous Owner Brown Charles Edward $111,000
Previous Owner Brown Charles Edward $115,000
Previous Owner Brown Charles Edward $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2023 04/30/23 Off Market $2,700 -- --
02/24/2023 02/24/23 Rented $2,700 0.0% --
02/09/2023 02/09/23 For Rent $2,700 0.0% --
03/27/2017 03/27/17 Sold $295,000 0.0% $136 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
02/25/2017 02/25/17 For Sale $295,000 +36.6% $136 / Sq Ft
01/31/2014 01/31/14 Sold $216,000 0.0% $97 / Sq Ft
12/05/2013 12/05/13 For Sale $216,000 -- $97 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,111 $238,523 -- --
2023 $1,111 $231,576 $0 $0
2022 $2,322 $224,831 $0 $0
2021 $2,311 $218,283 $0 $0
2020 $2,290 $215,269 $0 $0
2019 $2,260 $210,429 $75,088 $135,341
2018 $2,688 $202,478 $0 $0
2017 $2,074 $193,224 $0 $0
2016 $2,419 $182,525 $0 $0
2015 $2,333 $173,490 $0 $0
2014 $1,545 $150,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2023

    Liza Cisneros

    EXP Realty LLC

  • James Whatley

    Seller's Agent in 2017

    James Whatley

    Uber Realty Llc

    (850) 499-2940

    96 Total Sales

    James Whatley
    Section Image

  • M

    Buyer's Agent in 2017

    Michelle Martin

    World Impact Real Estate

  • e

    Buyer's Agent in 2017

    ecn.rets.e23207

    ecn.rets.RETS_OFFICE

  • J

    Seller's Agent in 2014

    Jean Brooks

    ERA American Real Estate

  • D

    Seller Co-Listing Agent in 2014

    Dani Gore

    ERA American Real Estate

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 916696

Emerald Coast Association of REALTORS®

APN: 04-2S-23-1435-0004-0230

Florida Okaloosa County Shalimar 32579

118 Lake Lorraine Cir, Shalimar, FL

This home is located at 118 Lake Lorraine Cir, Shalimar, FL 32579 since 09 February 2023 and is currently priced at $482,635. This property was built in 1978. 118 Lake Lorraine Cir is a home located in Okaloosa County with nearby schools including Shalimar Elementary School, Clifford Meigs Middle School, and Choctawhatchee Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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