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2563 Palm Shores Drive

2563 Palm Shores Drive, Shalimar, FL 32579
Property in Palm Shores
Sold Aug 12, 2022
$545,000
$395,000 by Broker Solutions Inc
Mortgage Due Sep 01, 2052
Sold Apr 09, 2021
$455,500
$409,904 by Truist Bank
Mortgage Due Apr 01, 2051
Local assessors in Shalimar, FL have categorized 2563 Palm Shores Drive as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 8,244 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2563 Palm Shores Drive has a total of 2,246 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable or hip style roof that was made of wood. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2563 Palm Shores Drive was last sold in Aug 11, 2022 for $545,000. According to our calculations, that's $163.52 per sqft. Prior to that sales transaction, the property was sold for $455,500 in Mar 19, 2021. Current property owners are expected to pay $3,621 in taxes per year. The property on 2563 Palm Shores Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $302,419. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Covered Parking
Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,244
  • Total Building Area: 3,333
  • Gross Building Area: 3,333
  • Building Area: 2,246
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,246
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALM SHORES
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALM SHORES LOT 7 BLK A

Ownership

  • Current Owner : MARINO SEBASTIANO
  • Current Owner 2: MARINO LUZVIMINDA
  • Previous Owner : CAMPBELL JONATHON J
  • Previous Owner 2: CAMPBELL DONNA
  • Owner Before Previous Owner: MARTIN DONNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 44
  • Parcel: 06-2S-23-4016-000A-0070
  • Block: A
  • Lot: 7
  • Meridian: SEC 06 TWN 02S RNG 23W
  • Municipality: SHALIMAR
  • Latitude: 30.4465
  • Longitude: -86.5849

    Address

  • Full Address: 2563 Palm Shores Dr
  • Address - House Number: 2563
  • Address - Street Name: Palm Shores
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C006
  • 4-Digit Zip Code: 1271
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 2,657
  • Tax Year: 2023
  • Tax Amount: $3,621
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1941
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 531,477
  • High Value: 634,681
  • Low Value: 428,273

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $395,000
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Aug 12, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $395,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $425,613
  • Market Land Value: $93,577
  • Market Improvement Value: $332,036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,419

    Sales

  • Current Sale Contract Date: Aug 11, 2022
  • Current Sale Recording Date: Aug 12, 2022
  • Current Sale Transaction ID: 11894495183
  • Current Sale Price: $545,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3571176
  • Previous Sale Recording Date: Apr 09, 2021
  • Previous Sale Contract Date: Mar 19, 2021
  • Previous Sale Amount: $455,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Aug 12, 2022
  • First Mortgage Loan Amount: $395,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: TRUIST BANK
  • Previous Mortgage Transaction Date: Apr 09, 2021
  • Previous Mortgage Loan Amount: $409,904
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051

About Shalimar



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Frequently Asked Questions

What neighborhood is 2563 Palm Shores Drive located in?
The 2563 Palm Shores Drive is a located in the neighborhood of Palm Shores in Shalimar, Shalimar.
What is the average sales price for listings in 2563 Palm Shores Drive?
The average sales price for units in 2563 Palm Shores Drive is $449,000 , or $200/sqft. currently.

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