$490,000
SOLD APR 25, 2025

56 Lake Lorraine Cir Shalimar, FL 32579

4 Beds
3 Baths
2,300 Sq Ft
0.32 Acres

Recently Sold

$213 Per Sq Ft

7% Below List Price

62 Days on Market

Highlights

  • Golf Course Community
  • Contemporary Architecture
  • Corner Lot
  • Choctawhatchee Senior High School Rated A-
  • Newly Painted Property
  • Terrace

About This Home

As of April 2025

PRICE REDUCTION!! SELLER IS OFFERING $10,000.00 TOWARDS CLOSING OR ANYWAY MONEY! Discover Your Dream Home at 56 Lake Lorraine Circle. This Beautiful 4 bedroom 3 bath is situated on a generous 1/3-acre corner lot, this beautifully updated home with a 2024 roof in the charming Lake Lorraine neighborhood offers the perfect blend of modern convenience and timeless charm. From the moment you arrive, you'll appreciate the thoughtful updates and prime location designed to enhance your lifestyle.Step inside to find a stunning kitchen remodel completed in 2021, featuring sleek appliances with new 2024 refrigerator and 2024 washer & dryer, ample cabinetry, and a layout perfect for creating memorable meals.

Last Agent to Sell the Property

Kyle Stone

LPT Realty License #SL3527858 Listed on: 01/13/2025

LPT Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,541

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 120' x 99'
  • Privacy Fence
  • Back Yard Fenced
  • Corner Lot
  • Sprinkler System
  • Lawn Pump

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Newly Painted Property
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Ridge Vents on the Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Tile Flooring
  • Kitchen Island
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Shower Only

Outdoor Features

  • Covered Patio or Porch
  • Terrace
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-2S-23-1435-0003-0180

Community Details

Overview

  • No Home Owners Association
  • Lake Lorraine Estates Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,541

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Detached Single Family
  • Design: Contemporary
  • Legal Description: LAKE LORRAINE EST 3RD LOT 18 BLK 3
  • List Type: Exclusive Right of Sale
  • Project Facilities: Golf, Pets Allowed, TV Cable
  • Year Built: 1977
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Fireplace Gas, Floor Tile, Kitchen Island, Newly Painted, Window Treatment All, Woodwork Painted
  • Bedroom Location: First
  • Lower Floor 1 Bedrooms: 4
  • Mstr Bdrm Mstr Bath: MBath Shower Only, MBed Walk-in Closet
  • Master Bedroom: First
  • Total Bathrooms: 3.00
  • Living Room: First
  • Estimated Heated Cooled Sq Ft: 2300.00
  • Dining Kitchen: First

Exterior Features

  • Pool Type: None
  • Construction Siding: Brick, Frame, Roof Shingle/Shake, Slab, Trim Wood
  • New Construction: Construction Complete
  • Exterior: BBQ Pit/Grill, Fenced Back Yard, Fenced Privacy, Lawn Pump, Patio Covered, Sprinkler System
  • Lot Features: Corner
  • Pool: No

Garage/Parking

  • Carport: No
  • Garage Spaces: Yes
  • Garage Spaces: 2.00
  • Parking Features: Garage Attached

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable

Fee Information

  • Assessment Fees: No
  • New Buyer Fee: No

Schools

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

Green Features

  • Energy Efficiency: AC - Central Gas, Ceiling Fans, Heat Cntrl Electric, Ridge Vent, Roof Turbines, Water Heater - Gas

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 120' X 99'
  • Lot Parcel Access: City Road
  • Assessor Parcel Number: 04-2S-23-1435-0003-0180
  • Zoning: City, Resid Single Family

Rental Info

  • Is Subject Leased: No

Multi Family

  • Number Stories: 1.0
  • Occupancy Status: Vacant

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
Apr 25, 2025
Sold by
Case Stephany
Bought by
Watson Jonathan Edwin and Watson Cindy Jane
Seller's Agent
Kyle Stone
LPT Realty
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Views
68
Current Estimated Value
$492,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,894
Avg. Annual Appreciation
1.98%

Purchase Details

Listed on
Jun 18, 2024
Closed on
Jul 7, 2024
Sold by
Grasso David J and Grasso Naomi
Bought by
Case David and Case Stephany
Seller's Agent
Geoffrey Goodsell
Coldwell Banker Realty
Buyer's Agent
Kyle Stone
LPT Realty
List Price
$499,000
Sold Price
$499,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.34%
Original Mortgage
$349,300
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2014
Closed on
Oct 2, 2014
Sold by
Bach Ryan A and Bach Kayla B
Bought by
Grasso David J and Grasso Naomi
Seller's Agent
Ken Koger
Century 21 AllPoints Realty
Buyer's Agent
ecn.rets.e21971
ecn.rets.RETS_OFFICE
List Price
$281,000
Sold Price
$281,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$224,800
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2012
Closed on
May 29, 2012
Sold by
Pearsall Daniel L and Pearsall Tracy C
Bought by
Bach Ryan A and Bach Kayla B
Seller's Agent
Angela Wright
Realty ONE Group Emerald Coast
Buyer's Agent
Ken Koger
Century 21 AllPoints Realty
List Price
$239,800
Sold Price
$239,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$244,955
Interest Rate
3.9%
Mortgage Type
VA

Purchase Details

Closed on
Jul 11, 2008
Sold by
Coleman Edward A and Coleman James A
Bought by
Pearsall Daniel L and Pearsall Tracy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,865
Interest Rate
6.08%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $490,000 Old South Land Title
Warranty Deed $499,000 Sunbelt Title
Warranty Deed $281,000 None Available
Warranty Deed $239,800 Attorney Title & Escrow Llc
Warranty Deed $225,000 Lawyers Title Agency Of The
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $349,300 New Conventional
Previous Owner $224,800 New Conventional
Previous Owner $244,955 VA
Previous Owner $193,865 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $490,000 -3.9% $213 / Sq Ft
03/16/2025 03/16/25 Pending -- -- --
02/24/2025 02/24/25 Price Changed $510,000 -1.0% $222 / Sq Ft
01/27/2025 01/27/25 Price Changed $515,000 -1.9% $224 / Sq Ft
01/13/2025 01/13/25 For Sale $525,000 +5.2% $228 / Sq Ft
07/18/2024 07/18/24 Sold $499,000 0.0% $217 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $499,000 +77.6% $217 / Sq Ft
01/02/2023 01/02/23 Off Market $281,000 -- --
10/02/2014 10/02/14 Sold $281,000 0.0% $122 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $281,000 +17.2% $122 / Sq Ft
05/31/2012 05/31/12 Sold $239,800 0.0% $104 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
02/19/2012 02/19/12 For Sale $239,800 -- $104 / Sq Ft
Source: Navarre Area Board 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 $3,541 $334,679 -- --
2023 $3,541 $324,931 $0 $0
2022 $3,454 $315,467 $90,079 $225,388
2021 $3,309 $257,502 $80,427 $177,075
2020 $3,052 $235,736 $78,843 $156,893
2019 $2,905 $221,474 $75,088 $146,386
2018 $2,818 $212,316 $0 $0
2017 $2,695 $202,128 $0 $0
2016 $2,643 $199,389 $0 $0
2015 $2,542 $189,055 $0 $0
2014 $1,359 $181,243 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Navarre Area Board of REALTORS®

MLS Number: 966222

Navarre Area Board of REALTORS®

APN: 04-2S-23-1435-0003-0180