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$135,000
● House - In Contract

516 Forrest Court

Crestview, FL 32539
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,408 Ft²
$685
Est. Monthly

About This Property

Built in 1965 and centrally located just north of Hwy 90 and Valley, this REO opportunity is one to see. The original floorplan was expanded to add another full master suite with master bedroom. An all brick exterior home with metal roof, this home is just over 1400 sf and comes with a total of 4 bedrooms and 2 baths. The back yards is fenced and there is a detached carport for shaded parking. This home does need some work and will not qualify for all financing types, though the home could indeed be financed so using the right lender is important. This opportunity is FHA IE (insurable with escrows). Call today!
Unit Size
1,408 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$96
Property Type
House
Property Taxes
$21
HOA Dues
-
Year Built
1965

Listed By

Cosmo Spellings
Assurance Realty of NWFL LLC

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Last updated: 2 months ago (ECAR #1005423)

Price History

Date / Event Date Event Price
Sep 1, 2026 In contract -
In contract
Jul 24, 2026 Price Decreased $135,000
↓ $9K (6.3%)
Price Decreased
Jun 12, 2026 Listed by Assurance Realty of NWFL LLC $144,000
Listed by Assurance Realty of NWFL LLC

Property Highlights

Air Conditioning
Garage
Parking Details
Has Garage
Has Carport
Parking Features: Detached
Interior Details
Full Bathrooms: 2
Appliances: Water Heater
Rooms: 6
Exterior Details
Square Footage: 1408
Property Condition: Construction Complete
Architectural Style: Traditional
Year Built: 1965
Building Area Total: 1408
Construction Materials: Brick, Trim Wood
Patio and Porch Features: Patio
Lot Features: Corner Lot
Lot Size Area: 0.25
Lot Size Units: Acres
Lot Size Acres: 0.25
Lot Size Square Feet: 10890
Lot Size Dimensions: 80x132
Financial Details
Tax Annual Amount: $258
Utilities Details
Cooling Type: Central Air
Heating Type: Central

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,887
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,408
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEVIEW S/D
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: LAKEVIEW S/D LOT 8 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020400

Geography

  • Assessors Map Reference: 15A
  • Parcel: 16-3N-23-1440-000A-0080
  • Block: A
  • Lot: 8
  • Meridian: SEC 16 TWN 03N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.765
  • Longitude: -86.5493

    Address

  • Full Address: 516 Forrest Ct
  • Address - House Number: 516
  • Address - Street Name: Forrest
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Crestview
  • Carrier Code: C006
  • 4-Digit Zip Code: 3205
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,446
  • Tax Year: 2023
  • Tax Amount: $23,839
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 218,991
  • High Value: 258,027
  • Low Value: 179,955

    Market Valuation

  • Market Total Value: $143,328
  • Market Land Value: $21,949
  • Market Improvement Value: $121,379

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,440

    Exemptions

  • Senior Citizen Exemption : Yes
  • Widow Exemption: Yes
  • 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 Lakeview


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Frequently Asked Questions

When was property at 516 Forrest Court built and last sold?
The property at 516 Forrest Court was built in 1965 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 516 Forrest Court is $136,350.
What are some comparable homes to 516 Forrest Court?
There are currently no comparable homes to 516 Forrest Court.

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