NOT LISTED FOR SALE

1240 Hand Ave Ormond Beach, FL 32174

Daytona Pines Neighborhood

Estimated Value: $6,068,032

-- Bed
23 Baths
50,000 Sq Ft
$121/Sq Ft Est. Value

About This Home

This home is located at 1240 Hand Ave, Ormond Beach, FL 32174 and is currently estimated at $6,068,032, approximately $121 per square foot. 1240 Hand Ave is a home located in Volusia County with nearby schools including Westside Elementary School, David C. Hinson Sr. Middle School, and Mainland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Two Deland Plaza Llc
Bought by
Thoroughbred Classics Llc
Current Estimated Value
$6,068,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,903,232
Interest Rate
7.08%
Mortgage Type
Seller Take Back
Estimated Equity
$3,164,800

Purchase Details

Closed on
Dec 12, 2011
Sold by
Wells Fargo Bank N A
Bought by
Two Deland Plaza Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,375
Interest Rate
4.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2011
Sold by
Ormond Business Center Llc
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Oct 6, 2006
Sold by
Bruce Eckstein Of Delaware Inc
Bought by
Ormond Business Center Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
6.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2003
Sold by
M D S S Inc
Bought by
Bruce Eckstein De Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.24%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Thoroughbred Classics Llc $6,250,000 None Listed On Document
Thoroughbred Classics Llc $6,250,000 None Listed On Document
Two Deland Plaza Llc $1,312,500 Attorney
Wells Fargo Bank N A -- Attorney
Ormond Business Center Llc $5,500,000 Attorney
Bruce Eckstein De Inc $674,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thoroughbred Classics Llc $3,000,000
Closed Thoroughbred Classics Llc $3,000,000
Previous Owner Two Deland Plaza Llc $984,375
Previous Owner Ormond Business Center Llc $4,500,000
Previous Owner Bruce Eckstein De Inc $575,000
Source: Public Records

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
2025 $98,232 $5,340,830 $1,173,179 $4,167,651
2024 $90,172 $5,118,795 $1,099,083 $4,019,712
2023 $90,172 $4,788,089 $1,049,686 $3,738,403
2022 $34,963 $1,683,874 $503,849 $1,180,025
2021 $34,059 $1,524,852 $503,849 $1,021,003
2020 $33,926 $1,517,630 $503,849 $1,013,781
2019 $32,870 $1,439,076 $503,849 $935,227
2018 $32,943 $1,419,930 $503,849 $916,081
2017 $32,773 $1,365,218 $503,849 $861,369
2016 $32,386 $1,301,597 $0 $0
2015 $32,194 $1,247,550 $0 $0
2014 $31,287 $1,220,600 $0 $0
Source: Public Records

Map

Florida Volusia County Ormond Beach 32174 Daytona Pines

1240 Hand Ave, Ormond Beach, FL

Not Listed for Sale

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