K
Seller's Agent in 2023
Karen Lichauer
ERA American Real Estate
(850) 803-5377
2 in this area
38 Total Sales
17 7th St Unit 1-4 Shalimar, FL 32579
Lake Lorraine NeighborhoodEstimated Value: $498,926 - $644,000
8
Beds
4
Baths
3,783
Sq Ft
$143/Sq Ft
Est. Value
Highlights
- 0.55 Acre Lot
- Corner Lot
- Walk-In Pantry
- Choctawhatchee Senior High School Rated A-
- Furnished
- Porch
About This Home
As of September 2023Great opportunity to purchase this 4 unit complex. Add too, or begin your investment portfolio with these all brick units that sit among a beautiful canopy of oaks on a corner. Located in Shalimar they accessible to Eglin AFB, the beaches, shopping and Hurlburt as well. All 4 units are 2 bedroom and 1 bath. Units 1 and 2 have been updated with smooth surface stove/oven's, countertops, kitchen cabinets painted, updated flooring and new insulated sliding glass doors. Units 3 and 4 have new A/C units inside and new compressors outside and new hot water heaters. The backyard is chainlink fenced. The leases expire in units 1 and 2 in September and October and both rent for $1,150/month. The same tenant leases units 3 and 4 and is on a month to month and has given 30 day notice.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,579
Year Built
- Built in 1978
Lot Details
- 0.55 Acre Lot
- Lot Dimensions are 150 x 150
- Property fronts a county road
- Property fronts an easement
- Back Yard Fenced
- Chain Link Fence
- Corner Lot
- Interior Lot
- Level Lot
Home Design
- Quadruplex
- Brick Exterior Construction
- Composition Shingle Roof
- Wood Trim
- Masonite
Interior Spaces
- 3,783 Sq Ft Home
- 1-Story Property
- Furnished
- Woodwork
- Ceiling Fan
- Insulated Doors
- Entrance Foyer
- Living Room
- Dining Area
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Induction Cooktop
- Range Hood
- Microwave
Flooring
- Painted or Stained Flooring
- Laminate
- Terrazzo
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Shalimar Elementary School
- Meigs Middle School
- Choctawhatchee High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Additional Features
- Energy-Efficient Doors
- Porch
Listing and Financial Details
- Assessor Parcel Number 05-2S-23-2080-0028-0100
Community Details
Overview
- Port Dixie Subdivision
- The community has rules related to covenants
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 2024
Sold by
Cline Jack and Cline Leticia
Bought by
Hff Homes Llc
Total Days on Market
5
Current Estimated Value
Purchase Details
Listed on
Aug 16, 2023
Closed on
Sep 1, 2023
Sold by
Sqd Llc
Bought by
Cline Jack and Cline Leticia
Seller's Agent
Karen Lichauer
ERA American Real Estate
Buyer's Agent
Eileen Guin
Royal Palm Realty Service Inc
List Price
$499,900
Sold Price
$499,900
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Purchase Details
Closed on
Jan 2, 2008
Sold by
Forsman James A
Bought by
Sqd Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.15%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 9, 2006
Sold by
Forsman Mabel S and Forsman Michael David
Bought by
Forsman James A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hff Homes Llc | $100 | None Listed On Document | |
| Cline Jack | $499,900 | Old South Land Title | |
| Sqd Llc | $250,000 | Attorney | |
| Forsman James A | $122,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sqd Llc | $230,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2023 09/01/23 | Sold | $499,900 | 0.0% | $132 / Sq Ft |
| 08/21/2023 08/21/23 | Pending | -- | -- | -- |
| 08/16/2023 08/16/23 | For Sale | $499,900 | -- | $132 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $4,998 | $424,848 | $165,576 | $259,272 |
| 2023 | $4,998 | $424,586 | $157,820 | $266,766 |
| 2022 | $4,579 | $384,962 | $150,305 | $234,657 |
| 2021 | $4,113 | $320,005 | $127,797 | $192,208 |
| 2020 | $3,945 | $304,765 | $125,292 | $179,473 |
| 2019 | $3,651 | $278,282 | $119,565 | $158,717 |
| 2018 | $3,589 | $270,395 | $0 | $0 |
| 2017 | $3,298 | $247,344 | $0 | $0 |
| 2016 | $3,102 | $234,024 | $0 | $0 |
| 2015 | $3,055 | $227,215 | $0 | $0 |
| 2014 | $3,027 | $224,857 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Lichauer
-
Eileen Guin
E
Buyer's Agent in 2023
Eileen Guin
Royal Palm Realty Service Inc
(850) 244-1170
2 in this area
24 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 930072
APN: 05-2S-23-2080-0028-0100
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