See Home Value
$530,000
● House - Off Market

4 Lake Lorraine Circle

Shalimar, FL 32579
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$3,137
Est. Monthly
3.85%
Cap Rate

About This Property

Get ready to call this spacious, golf course home with a covered pool yours - just in time for summer. This brick home with a metal roof is situated on .4 acre lot. Lake Lorraine Estates is nestled away from the hustle and bustle for ample time to relax or entertain. Just minutes from the beaches and military bases. From the moment you walk in, you will feel the warmth of a home that has been well loved and is now ready for the next family to take ownership and start making memories. The kitchen and baths have granite countertops, spacious garage, indoor laundry, screened in pool, and don't forget the oversized bonus area that can be used for entertaining or hosting large family gatherings. New toilets, faucet fixtures, and some light fixtures. This home is a must see!!
Unit Size
-
Days on Market
192 days
Land Size
0.40 acres
Price per sqft
-
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

Last updated: 12 months ago (ECAR #973125)

Price History

Date / Event Date Event Price
Oct 14, 2025 Sold
Sold
Sep 5, 2025 In contract -
In contract
Aug 22, 2025 Price Decreased $599,000
↓ $16K (2.6%)
Price Decreased
May 28, 2025 Price Decreased $614,900
↓ $10K (1.6%)
Price Decreased
Apr 5, 2025 Listed by Keller Williams Realty FWB $624,900
Listed by Keller Williams Realty FWB

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 525
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 17,222
  • Lot Size Frontage Feet: 840
  • Total Building Area: 3,352
  • Gross Building Area: 3,352
  • Building Area: 2,787
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,787
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE LORRAINE EST
  • Land Acres: 0000000395
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: LAKE LORRAINE EST 3RD LOT 76 BLK 1

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021502

Geography

  • Assessors Map Reference: 19
  • Parcel: 04-2S-23-1435-0001-0760
  • Block: 1
  • Lot: 76
  • Meridian: SEC 04 TWN 02S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4469
  • Longitude: -86.5574

    Address

  • Full Address: 4 Lake Lorraine Cir
  • Address - House Number: 4
  • Address - Street Name: Lake Lorraine
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C002
  • 4-Digit Zip Code: 1618
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 3,088
  • Tax Year: 2023
  • Tax Amount: $234,861
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 583,635
  • High Value: 687,670
  • Low Value: 479,601

    Market Valuation

  • Market Total Value: $470,888
  • Market Land Value: $108,407
  • Market Improvement Value: $362,481

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,646

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Shalimar Pointe


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Frequently Asked Questions

When was property at 4 Lake Lorraine Circle built and last sold?
The property at 4 Lake Lorraine Circle was built in 1980 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4 Lake Lorraine Circle is $0.
What are some comparable homes to 4 Lake Lorraine Circle?
There are currently no comparable homes to 4 Lake Lorraine Circle.