NOT LISTED FOR SALE

121 W Ocean Ave Edgewater, FL 32132

Estimated Value: $244,000 - $307,000

3 Beds
3 Baths
2,464 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $220,000 $89 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,045/month

2 Days on Market

About This Home

As of March 2022

Amazing investment opportunity. CASH ONLY until renovations are completed. Buy now and renovate. House is gutted and ready to build to go. ARV over $300k. Could easily convert to home with in-law suite/apartment. Great Airbnb/short-term rental property. Tankless instant hot water heater, new roof, plenty of room, great lot. Only a couple blocks to the Edgewater boat ramp. Total lot size is appx 1/2 of an acre, with plenty of room for a pool, parking, boat, RV, etc. Property is conveniently located very close to a riverfront park with small boat access to ICW, pier, and playground. Cash only. Price will increase as renovations are completed. No showings until 2/8/22. Owner is a licensed real estate agent.

Last Agent to Sell the Property

Michael Lowe

REAL BROKER, LLC License #3428616 Listed on: 02/13/2022

REAL BROKER, LLC

Last Buyer's Agent

Michael Lowe

REAL BROKER, LLC License #3428616 Listed on: 02/13/2022

REAL BROKER, LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1976

Lot Details

  • 1 Acre Lot

Parking

  • 1

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

1976

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Carport Y N: No
  • Directions: From US1/Ridgewood Ave, take Ocean Ave west. Home is 2nd on right
  • Garage Yn: Yes
  • New Construction: No
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • Subdivision Name: HAWKS PARK
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6003682?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6003682?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 89.29
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 71.2
  • Special Features: None
  • Year Built: 1976

Interior Features

  • Appliances: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: Ninguno
  • Room Count: 3

Exterior Features

  • Roof: Shingle
  • Exterior Features: Irrigation System, Sliding Doors, Storage
  • Foundation Details: Slab
  • Construction Type: Block, Wood Frame
  • Direction Faces: South
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12127C0685J

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 11120
  • Zoning: SFR
  • Flood Zone Code: X
  • Flood Zone Date: 2017-09-29

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 263
  • Tax Block: 0
  • Tax Book Number: 1-156
  • Tax Lot: 411
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Riley Jonathan and Riley Holly
Bought by
Riley Jessica Anne and Riley Justin Thyme
Current Estimated Value
$313,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$124,124
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$153,245

Purchase Details

Listed on
Feb 13, 2022
Closed on
Mar 1, 2022
Sold by
Michael Lowe Llc
Bought by
Riley Jonathan and Riley Holly
Seller's Agent
Michael Lowe
REAL BROKER, LLC
Buyer's Agent
Michael Lowe
REAL BROKER, LLC
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$150,100
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 13, 2022
Closed on
Jan 25, 2022
Sold by
Bryant James C
Bought by
Michael Lowe Llc
Seller's Agent
Michael Lowe
REAL BROKER, LLC
Buyer's Agent
Michael Lowe
REAL BROKER, LLC
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,100
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1995
Sold by
Bryant Warren E and Bryant Alice M
Bought by
Bryant James C and Bryant Alice M

Purchase Details

Closed on
Feb 15, 1991
Bought by
Bryant James C

Purchase Details

Closed on
Jul 15, 1988
Bought by
Bryant James C

Purchase Details

Closed on
Nov 15, 1987
Bought by
Bryant James C

Purchase Details

Closed on
Dec 15, 1975
Bought by
Bryant James C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Riley Jessica Anne $220,000 First American Title Insurance
Riley Jessica Anne $220,000 First American Title Insurance
Riley Jonathan $220,000 First American Title
Michael Lowe Llc $158,000 First American Title
Bryant James C -- --
Bryant James C $100 --
Bryant James C $2,500 --
Bryant James C $100 --
Bryant James C $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Jessica Anne $125,000
Closed Riley Jessica Anne $125,000
Previous Owner Michael Lowe Llc $150,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $220,000 0.0% $89 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $220,000 -- $89 / 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
2026 $4,823 $287,788 $55,744 $232,044
2025 $4,823 $287,788 $55,744 $232,044
2024 $4,189 $231,773 $52,000 $179,773
2023 $4,189 $219,582 $39,520 $180,062
2022 $4,766 $246,842 $27,040 $219,802
2021 $263 $64,846 $0 $0
2020 $263 $63,951 $0 $0
2019 $263 $62,513 $0 $0
2018 $265 $61,347 $0 $0
2017 $268 $60,085 $0 $0
2016 $300 $58,849 $0 $0
2015 $315 $58,440 $0 $0
2014 $678 $57,976 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Lowe

    Seller's Agent in 2022

    Michael Lowe

    REAL BROKER, LLC

    (800) 401-0486

    5 in this area

    38 Total Sales

    Michael Lowe
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Map

Source: Stellar MLS

MLS Number: O6003682

Stellar MLS

APN: 7433-10-00-4110

Florida Volusia County Edgewater 32132

121 W Ocean Ave, Edgewater, FL

Not Listed for Sale

Detached

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