$499,000
SOLD JUL 18, 2024

56 Lake Lorraine Cir Shalimar, FL 32579

4 Beds
2.5 Baths
2,300 Sq Ft
0.32 Acres

Recently Sold

$217 Per Sq Ft

2 Days on Market

Highlights

  • Golf Course Community
  • Contemporary Architecture
  • Terrace
  • Choctawhatchee Senior High School Rated A-
  • Corner Lot
  • Walk-In Pantry

About This Home

As of April 2025

Welcome to your new home at 56 Lake Lorraine Circle, nestled on a spacious 1/3 acre corner lot in the highly sought-after Lake Lorraine neighborhood. This charming property offers both comfort and convenience, with modern upgrades and proximity to key amenities.

Built for both relaxation and entertainment, this home features a recently remodeled kitchen (2021) equipped with the latest appliances and ample storage space. Enjoy the convenience of a tankless gas hot water heater and the warmth of a cozy gas fireplace, perfect for cooler evenings. Located strategically, this residence is just 4 miles from Eglin Air Force Base and 7 miles from Hurlburt Field, making it an ideal choice for military personnel and their families. For beach lovers, pristine shores are a mere 7 miles away, offering easy access to some of the world's most beautiful beaches.

Don't miss out on this opportunity to own a piece of paradise in a prime location. Schedule your showing today and experience the charm of 56 Lake Lorraine Circle firsthand!

Last Agent to Sell the Property

Geoffrey Goodsell

Coldwell Banker Realty License #3578585 Listed on: 06/18/2024

Coldwell Banker Realty

Last Buyer's Agent

Kyle Stone

LPT Realty License #SL3527858

LPT Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,541

Year Built

  • Built in 1977

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 120x99
  • Back Yard Fenced
  • Corner Lot
  • Interior Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Dimensional Roof
  • Composition Shingle Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Tile Flooring

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Outdoor Features

  • Open Patio
  • Terrace
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 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

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Lot Size: 120X99
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: LAKE LORRAINE ESTATES
  • Directions: Going North on Eglin Parkway, turn right at the last light in Shalimar, onto 12th Avenue. Continue onto Eglin Drive. Turn left onto Country Club Drive. Take first right onto Lake Lorraine Circle, home will be on the right.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1977
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Rooms:Foyer: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Terrace: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Stove/Oven Gas
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Fireplace Gas, Floor Tile, Furnished - None, Kitchen Island, Lighting Recessed, Pantry, Skylight(s), Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Tile: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Skylight(s): Yes

Exterior Features

  • Lot Features: Corner, Interior, Level, Within 1/2 Mile to Water
  • Construction Type: Brick, Frame, Roof Dimensional Shg, Slab
  • Exterior Features: BBQ Pit/Grill, Fenced Back Yard, Patio Open, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • ConstructionSiding:Brick: Yes
  • Lot Features:Corner: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Rooms:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Golf, Pets Allowed, TV Cable

Schools

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

Lot Info

  • Lot Size Sq Ft: 13939.2
  • Parcel #: 04-2S-23-1435-0003-0180
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3540.63
  • Tax Year: 2023

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
$495,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,871
Avg. Annual Appreciation
3.18%

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

Range of Values:

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Average Value
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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 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: 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 $3,541 $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: Emerald Coast Association of REALTORS®

MLS Number: 952610

Emerald Coast Association of REALTORS®

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