NOT LISTED FOR SALE
54 Beds
1 Bath
23,912 Sq Ft
1974 Built

Sale Details

Date Sold: July 27, 2020

Last sale price $2,700,000 $113 Per Sq Ft

About This Home

As of July 2020

One of the few multi-family units available in the Ormond Beach area. The property also has a 3 bedroom home and a 1 bedroom home. THe apartments are in a desirable area in Ormond Beach which allows it to be 100% rented. There is a coin laundry available onsite. It is walking distance to shopping and other amenities.

Last Agent to Sell the Property

Norma Campbell

Coldwell Banker Commercial Benchmark License #3218485 Listed on: 07/27/2020

Last Buyer's Agent

Norma Campbell

Coldwell Banker Commercial Benchmark License #3218485

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,821

Year Built

  • Built in 1974

Parking

  • Parking Lot

Home Design

  • 23,912 Sq Ft Home
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Electric Range
  • 54 Bedrooms
  • Non-Toxic Pest Control

Community Details

  • 32 Units
  • On-Site Maintenance

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for grounds care, pest control, taxes, trash collection, water
  • Assessor Parcel Number 4241-01-19-0030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,821

Year Built

Built in 1974

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Subdivision Name: Not IN Subdivision
  • Directions: Off 95 head East 1/2 mile past Nova. Turn Right on S Orchard St and it will be on your left.
  • Carport Y N: No
  • Year Built: 1974
  • Reso Property Type: ResidentialIncome
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal:Parcel Number: 4241-01-19-0030
  • Location Tax and Legal:Tax Annual Amount: 20821.0
  • Location Tax and Legal:Tax Year: 2018
  • Cooling:Central Air: Yes
  • Water Source:Public: Yes
  • Owner Pays Trash Collection: Yes
  • Owner Pays Water4: Yes
  • Owner Pays:Grounds Care: Yes
  • Owner Pays Pest Control2: Yes
  • General Property Information Number Of Units Total2: 32.0
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Owner Pays: Grounds Care, Pest Control, Taxes, Trash Collection, Water
  • Total Bedrooms: 54
  • Living Area: 23912.0
  • Appliances:Electric Range: Yes

Exterior Features

  • Lot Features: Other
  • Construction Type: Block, Concrete
  • Roof: Shingle
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Lot Features:Other18: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Electric3: Yes

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 4241-01-19-0030

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Number Of Units Total: 32

Tax Info

  • Tax Annual Amount: 20821.0
  • Tax Year: 2018

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2015
Closed on
Sep 15, 2015
Sold by
Bought by
Seller's Agent
Tovah Lohman
Starr Real Estate LLC
Buyer's Agent
Nancy Durham
Watson Realty Corp
List Price
$1,550,000
Sold Price
$1,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 15, 1973
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,550,000 Attorney
$965,000 Attorney
$35,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $189,100
Closed $1,240,000
Previous Owner $772,000
Previous Owner $345,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2020 07/27/20 Sold $2,700,000 0.0% $113 / Sq Ft
07/27/2020 07/27/20 For Sale $2,700,000 +74.2% $113 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
09/21/2015 09/21/15 Sold $1,550,000 0.0% $65 / Sq Ft View Prior Sale
09/16/2015 09/16/15 Pending -- -- --
05/10/2015 05/10/15 For Sale $1,550,000 -- $65 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $31,084 $1,883,963 $600,000 $1,283,963
2025 $31,084 $1,899,616 $600,000 $1,299,616
2024 $36,215 $2,159,209 $450,000 $1,709,209
2023 $36,215 $2,449,868 $360,000 $2,089,868
2022 $33,185 $2,251,161 $360,000 $1,891,161
2021 $30,584 $1,737,918 $330,000 $1,407,918
2020 $26,239 $1,707,236 $330,000 $1,377,236
2019 $24,396 $1,602,108 $300,000 $1,302,108
2018 $20,821 $1,141,456 $270,000 $871,456
2017 $20,694 $1,085,085 $240,000 $845,085
2016 $20,250 $1,023,071 $0 $0
2015 $17,366 $843,199 $0 $0
2014 $16,368 $792,847 $0 $0
Source: Public Records

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1056746

Daytona Beach Area Association of REALTORS®
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