NOT LISTED FOR SALE

12 Wellwood Ln Palm Coast, FL 32164

Estimated Value: $404,089 - $426,000

4 Beds
4 Baths
2,166 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $250,000 $115 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,467/month

166 Days on Market

Highlights

  • 1 Acre Lot
  • End Unit
  • Covered Patio or Porch
  • Loft
  • No HOA
  • Walk-In Closet

About This Home

As of August 2019

BUILD YOUR PASSIVE INCOME PORTFOLIO - Investor Alert! Great opportunity to own a starter duplex on a corner lot in a quiet neighborhood. This unique duplex has separate driveways and entrances, great for privacy. Side A is a 2 bedroom 2 bath with a screened in back patio. Side B is a 2 bedroom 2 bath with a huge loft (being used as 3rd bedroom) and 2-car garage,with a screened in back patio. Ideal if you'd like to live on one side and rent out the other OR have for your in-laws or extended family...great way to get into rental income real estate. Property located near shopping, schools, medical, and only less than a 15 minute drive to the beach. Make an offer!

Last Agent to Sell the Property

Michelle (Davis) Dahl

RE/MAX SELECT PROFESSIONALS License #3082374 Listed on: 02/09/2019

RE/MAX SELECT PROFESSIONALS

Last Buyer's Agent

SUSAN WEISE

TRADEMARK REALTY GROUP LLC License #3092122

TRADEMARK REALTY GROUP LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,403

Year Built

  • Built in 1989

Lot Details

  • 1 Acre Lot
  • End Unit
  • North Facing Home

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Split Level Home
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,166 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Linoleum
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pine Lakes Condos
  • Pine Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-11-31-7021-00040-0030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,403

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Living Area: 2166
  • Year Built: 1989
  • Lot Size Sq Ft: 11305
  • Directions to Property: Pine Lakes Parkway to Wellwater Dr. First Left on Wellwood Lane, Corner lot.
  • Status: Sold
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.98078
  • Price per Sq Ft: 115.42
  • Close to Original List Price Ratio: 0.96525
  • View: No
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Linoleum, Tile, Vinyl
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Levels: Multi/Split, One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 12
  • Additional Rooms: Loft

Exterior Features

  • Direction Faces: North
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: None
  • Patio and Porch Features: Covered, Patio, Porch, Screened
  • Road Surface Type: Paved

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, On Street
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Complex Community Name NCCB: PINE LAKES

Lot Info

  • Zoning: DPX
  • Parcel Number: 07-11-31-7021-00040-0030
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2402.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2019
Closed on
Aug 20, 2019
Sold by
Melo Fernando M and Melo Maria Lurdes
Bought by
Hulse Paul N
Seller's Agent
Michelle (Davis) Dahl
RE/MAX SELECT PROFESSIONALS
Buyer's Agent
SUSAN WEISE
TRADEMARK REALTY GROUP LLC
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%
Current Estimated Value
$413,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,030
Avg. Annual Appreciation
8.48%
Original Mortgage
$245,471
Outstanding Balance
$217,759
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$191,729

Purchase Details

Closed on
Jun 17, 2005
Sold by
Puzzo Sal and Puzzo Andrea
Bought by
Melo Fernando M and Melo Maria Lurdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hulse Paul N $250,000 Covenant Closing & Ttl Svcs
Melo Fernando M $263,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hulse Paul N $245,471
Previous Owner Melo Fernando M $115,000
Previous Owner Puzzo Sal $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Off Market $250,000 -- --
08/22/2019 08/22/19 Sold $250,000 -3.5% $115 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $259,000 -- $120 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,797 $253,963 -- --
2023 $2,797 $226,052 $0 $0
2022 $2,749 $245,313 $0 $0
2021 $2,397 $199,085 $24,500 $174,585
2020 $3,561 $180,012 $18,000 $162,012
2019 $2,652 $143,498 $19,000 $124,498
2018 $2,503 $137,632 $14,250 $123,382
2017 $2,173 $108,848 $12,600 $96,248
2016 $1,956 $95,920 $0 $0
2015 $1,892 $92,139 $0 $0
2014 $1,792 $86,063 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC245476

Stellar MLS

APN: 07-11-31-7021-00040-0030