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508 Forrest Ct, Crestview, FL, 32539

3beds
1baths
975sqft
$175,000
$179price/sqft
$1,363/moest. monthly cost
$54,520/yrincome needed

About This Home

Short Sale. Bank approved price is $175,000. Being sold As-Is. Cozy 3 bedroom and 1.5 bathroom home located conveniently off Valley Rd. Just far enough from Hwy 90 and Hwy 85 to avoid traffic. Easy access to several grocery stores and dining. Buyer to verify all pertinent information.

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

7/10
Walker Elementary SchoolGrades PK-50.6 mi
8/10
Davidson Middle SchoolGrades 6-82.1 mi
4/10
Crestview High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 1965

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Water Heater

Bathroom

  • Level: First
  • Area: 35
  • Dimensions: 5 x 7

Bedroom

  • Level: First
  • Area: 140
  • Dimensions: 10 x 14

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Family Room

  • Level: First
  • Area: 278.25
  • Dimensions: 10.5 x 26.5

Features

  • Flooring: Laminate,Tile
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 975
  • Total interior livable area: 975 sqft

Kitchen

  • Level: First
  • Area: 162.5
  • Dimensions: 12.5 x 13

Laundry

  • Level: First
  • Area: 27
  • Dimensions: 4.5 x 6

Property

Details

  • Parcel number: 163N231440000A0040
  • Zoning description: Resid Single Family

Features

  • Stories: 1
  • Exterior features: Private Yard

Lot

  • Lot size: 10,580 sqft
  • Lot size dimensions: 80 x 132.25

Parking

  • Parking features: Garage - Attached
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Heat Wave
Strong Wind
Cold Wave
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters in Okaloosa County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $884$10,608
Home Insurance *$94$1,128
Property Taxes $188$2,256
Electricity $197$2,366
Total$1,363$16,356
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,731/yr
40% on housing$40,890/yr
45% on housing$36,346/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.8%
15.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$179This listing

vs Other Active Listings

Avg $/sqft

ZIP 32539$140
Okaloosa County$263

vs Homes Sold Last Month

Median $/sqft

ZIP 32539$180
Okaloosa County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-11-12Price change$175,000
2025-08-17Pending sale$210,000
2025-07-17Listed for sale$210,000
2023-01-31Sold$177,000
2022-11-18Pending sale$175,000
2022-11-15Listed for sale$175,000
2022-11-12Listing removed--
2022-10-06Pending sale$175,000
2022-09-05Price change$175,000
2022-08-01Pending sale$169,500
2022-08-01Listed for sale$169,500
2022-07-08Pending sale$169,500
2022-06-30Listed for sale$169,500
2011-05-19Listing removed$650
2011-05-09Sold$27,000
2011-05-08Listed for rent$650
2011-03-31Price change$29,000
2011-03-05Price change$32,000
2011-02-19Price change$40,000
2011-02-06Listed for sale$50,000
2009-07-18Listing removed$59,900
2009-05-14Price change$59,900
2009-03-14Listed for sale$69,900
2004-02-19Sold$58,000

Pre-Foreclosure - For Sale by Agent

AgentNatalia Sevciuc
BrokerageStars Realty

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