tomo logo

$539,900

Beds
5
Baths
3.0
sq ft
2,083

57 Lake Lorraine Cir, Shalimar, FL 32579

57 Lake Lorraine Cir

Shalimar, FL 32579

  • 3 days on market
Private Mediterranean villa meets elevated luxury in this 5BR, 3BA home within Shalimar's highly sought-after Lake Lorraine Estates. The crown jewel: a backyard oasis complete with golf course views, Florida room, pool, hot tub, and large grass area--all to be enjoyed from the master suite's private balcony, a part of a brand new custom deck. Step inside to a window-to-wall recent renovation with vaulted ceilings, exposed wood beams, upgraded modern bathrooms, devoted laundry room / pantry, and custom chef's kitchen, plus fresh paint and upstairs carpet as of March 2025. Just 7 minutes from Eglin AFB, 18 minutes from Hurlburt Field, and 16 minutes from the Emerald Coast's white sandy beaches. NOTE: assumable 2.75% for military buyers! Contact listing agent for specifics!

Details

Property type

Single Family Residence

Est. home value

$544,081

Lot size

0.26 acres

Price per sq ft

$260

Year built

1977

Price History

04/03/2025
EmeraldCoast

EmeraldCoast #972981

Listed
$539,900
+22.26%
05/18/2021
EmeraldCoast

EmeraldCoast #867719

Sold
$441,600
+194.4%
07/08/2016
EmeraldCoast

EmeraldCoast #745726

Sold
$150,000

Schools & Community

Elementary school: 

Shalimar

Middle school: 

Meigs

High school: 

Choctawhatchee

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$169,629
Asking price
$539,900
Closing costs (~8% of asking)
-$43,192
Est. remaining loan balance
-$327,079
Cash to seller
$169,629

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guaranteed Rate Affinity Llc

Loan start date

May 2021

Original loan amount

$356,015

Est. remaining balance

$327,079

Interest rate

3.18%

Loan type

VA, 30 year

Seller

Maxwell A Olson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/06/2025 at 7:25 AM

Listing updated: 04/03/2025 at 7:16 PM

Listed by: Lake H Lutes, EXP Realty LLC Phone #: (888) 883-8509

MLS: EmeraldCoast #972981

EmeraldCoast logo

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