NOT LISTED FOR SALE

2571 Palm Shores Dr Shalimar, FL 32579

Estimated Value: $477,930 - $588,000

3 Beds
2.5 Baths
2,304 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $200,000 $87 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $3,097/month

72 Days on Market

Highlights

  • Waterfront Community
  • Boat Dock
  • Cathedral Ceiling
  • Choctawhatchee Senior High School Rated A-
  • Contemporary Architecture
  • Marble Flooring

About This Home

As of July 2013

SHORT SALE. This spacious two-story family home is located on a cul de sac in the community of Palm Shores in Shalimar. The first floor of this home has an extremely large and open living space with a family room at its center. A kitchen and formal dining space as well as a casual dining space flow from here. High ceilings and lots of windows are the hallmarks of the downstairs living area. The master suite is located on the first floor. It is spacious, has trayed ceiling, and lots of windows. From the master, double French doors admit you into the master bath that has vaulted ceilings, double vanity, walk-in closet, separate shower and garden tub. The staircase leading to the second floor is open and leads to an open gallery across the second floor. This floor offers additional storage, two bedrooms, a bath and large bonus room, currently used as a bedroom. Just around the corner from Meigs Middle School and close to Shalimar Elementary, the location is convenient, yet quiet. Bring your family home!

Last Agent to Sell the Property

Debbie Neale

Re/Max Beaches License #3228059 Listed on: 01/12/2013

Re/Max Beaches

Co-Listed By

Jay Agnew

Chandler Associates

Last Buyer's Agent

Debbie Neale

Re/Max Beaches License #3228059 Listed on: 01/12/2013

Re/Max Beaches

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,249

Year Built

  • Built in 1992

Lot Details

  • Lot Dimensions are 40x105x98x110
  • Cul-De-Sac
  • Street terminates at a dead end
  • Privacy Fence

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Repairs Needed
  • Exterior Columns
  • Three Sided Brick Exterior Elevation
  • Stucco

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Great Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dressing Area
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06-2S-23-4016-000A-0110

Community Details

Overview

  • Association fees include recreational faclty
  • Palm Shores Subdivision

Recreation

  • Boat Dock
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,249

Year Built

Built in 1992

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 40X105X98X110
  • Road Surface Type: Paved
  • Co List Office Mls Id: ERMX
  • Co List Office Phone: 850-865-8635
  • Subdivision Name: PALM SHORES
  • Directions: Turn on road next to the Shalimar Post Office and turn right onto Palm Shores. Home will be on the right side at the cul de sac.
  • Architectural Style: Contemporary
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1992
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Dining Room: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Bonus Room: Yes
  • Rooms:Breakfast Room: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Underground: Yes
  • Rooms:Great Room: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Energy:Water Heater - Gas: Yes
  • Energy:Heat - Two or More: Yes
  • Special Features: 12
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Range Hood, Stove/Oven Gas
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Cathedral, Ceiling Raised, Ceiling Tray/Cofferd, Ceiling Vaulted, Fireplace Gas, Floor Marble, Floor WW Carpet, Lighting Recessed, Needs Work, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Ceiling Cathedral: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Woodwork Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Floor Marble: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Dead End, Within 1/2 Mile to Water
  • Construction Type: Siding Brick Some, Stucco
  • Exterior Features: Columns, Fenced Privacy, Needs Work
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Cul-De-Sac: Yes
  • ConstructionSiding:Stucco: Yes
  • Lot Features:Dead End: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Siding Brick Some: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Dock, Waterfront
  • Association #2 Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Recreational Faclty

Schools

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

Lot Info

  • Parcel #: 06-2S-23-4016-000A-0110
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2018
Sold by
Deal Aaron and Deal Nikki
Bought by
Payne Daniel J and Payne Catherine D
Current Estimated Value
$531,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$274,810
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$256,673

Purchase Details

Closed on
Dec 20, 2016
Sold by
Scheuneman Neal E and Scheuneman Cori A
Bought by
Deal Aaron and Deal Nikki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 2014
Sold by
Okaloosa Housing Llc
Bought by
Scheuneman Neal E and Scheuneman Cori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,900
Interest Rate
4.56%
Mortgage Type
VA

Purchase Details

Listed on
Jan 12, 2013
Closed on
Aug 6, 2013
Sold by
Mary Esther Rentals Llc
Bought by
Okaloosa Housing Llc
Seller's Agent
Debbie Neale
Re/Max Beaches
Buyer's Agent
Debbie Neale
Re/Max Beaches
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%

Purchase Details

Listed on
Jan 12, 2013
Closed on
Jul 12, 2013
Sold by
Pattison Michael D and Pattison Terry L
Bought by
Mary Esther Rentals Llc
Seller's Agent
Debbie Neale
Re/Max Beaches
Buyer's Agent
Debbie Neale
Re/Max Beaches
List Price
$200,000
Sold Price
$200,000

Purchase Details

Closed on
Apr 21, 2004
Sold by
Douglas Timothy T
Bought by
Pattison Michael D and Pattison Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Payne Daniel J $338,000 Mead Law & Title
Deal Aaron $320,000 None Available
Scheuneman Neal E $300,000 Attorney
Okaloosa Housing Llc -- Attorney
Mary Esther Rentals Llc $200,000 None Available
Pattison Michael D $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Daniel J $320,000
Previous Owner Deal Aaron $314,204
Previous Owner Scheuneman Neal E $309,900
Previous Owner Pattison Michael D $263,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2019 06/23/19 Off Market $200,000 -- --
07/12/2013 07/12/13 Sold $200,000 0.0% $87 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
01/12/2013 01/12/13 For Sale $200,000 -- $87 / Sq Ft
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 $3,249 $279,129 -- --
2023 $3,249 $270,999 $0 $0
2022 $3,120 $263,106 $0 $0
2021 $3,097 $255,443 $0 $0
2020 $3,068 $251,916 $0 $0
2019 $3,064 $246,252 $0 $0
2018 $3,737 $249,519 $0 $0
2017 $3,649 $242,722 $0 $0
2016 $2,737 $221,466 $0 $0
2015 $2,756 $219,927 $0 $0
2014 $3,150 $207,743 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 589262

Emerald Coast Association of REALTORS®

APN: 06-2S-23-4016-000A-0110