NOT LISTED FOR SALE
11 Beds
7 Baths
4,562 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: January 11, 2017

Last sale price $315,000 $69 Per Sq Ft

107 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • 4-minute walk to Menard-May Park

About This Home

As of January 2017

Seven units on large parcel within 200’ of the Intracoastal. Currently operated as “55+ community”, the complex is fully rented to long term tenants with no leases. Intracoastal views from some units. Two separate buildings (Units 1-4 in fourplex & Units 5-7 in triplex). Tenants pay electric. Owner supplies basic cable, internet, water & gas (for water heater. Each of the units in the 4 plex have central heat & air. The triplex units have window a/c only. Roofs on both buildings replaced in 2012. Units 1, 2 3 & 7 are 2/1. Units 4, 5 & 6 are 1/1. Washer & dryer are leased & maintained by company who shares collection 50/50. There are 8 electric meters, 1 gas meter, 1 water meter. In addition to appx 118’ of street frontage, there’s rear access from platted street on SW street on SW
side of property. Great location just 3 short blocks to Menard Park (launch your paddle boards & kayaks) & a few more to the boat launch at Park Avenue. Please see separate attachment for specific rental rates.

Last Agent to Sell the Property

Margie Lints

Magnolia Properties License #334666 Listed on: 07/19/2016

Last Buyer's Agent

Karen Nelson

Nonmember office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,649

Year Built

  • Built in 1949

Lot Details

  • 0.45

Parking

  • On-Street Parking

Home Design

  • 4,562 Sq Ft Home
  • Frame Construction
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Electric Range
  • 11 Bedrooms

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for cable TV, exterior maintenance, insurance, trash collection, water
  • Assessor Parcel Number 7433-12-00-0010

Community Details

Overview

  • 7 Units
  • Not On The List Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $3,939

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,649

Year Built

Built in 1949

Lot Details

0.45 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Subdivision Name: Not On The List
  • Directions: From Riverside Dr & Park Ave, go south to Hotel, make right.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1949
  • Reso Property Type: ResidentialIncome
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Owner Pays:Cable TV3: Yes
  • Location Tax and Legal:Parcel Number: 7433-12-00-0010
  • Location Tax and Legal:Tax Annual Amount: 4649.0
  • Location Tax and Legal:Tax Year: 2015
  • Cooling:Central Air: Yes
  • Water Source:Public: Yes
  • Cooling WallWindow Unit(s): Yes
  • Owner Pays Trash Collection: Yes
  • Owner Pays Water4: Yes
  • Owner Pays:Exterior Maintenance: Yes
  • General Property Information Number Of Units Total2: 7.0
  • Gross Scheduled Income: 47268.0
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Owner Pays: Cable TV, Exterior Maintenance, Insurance, Trash Collection, Water
  • Total Bedrooms: 11
  • Living Area: 4562.0
  • Appliances:Electric Range: Yes

Exterior Features

  • Construction Type: Block, Concrete, Frame
  • Roof: Shingle
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Lot Info

  • Current Use: Mixed Use
  • Parcel #: 7433-12-00-0010

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 3939.0

Tax Info

  • Tax Annual Amount: 4649.0
  • Tax Year: 2015

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
Jul 19, 2016
Closed on
Jan 10, 2017
Sold by
Bought by
Seller's Agent
Margie Lints
Magnolia Properties
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
0.0408%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 1994
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 1993
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 1989
Bought by

Purchase Details

Closed on
Oct 15, 1983
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$315,000 Inlet Title Co Inc
$190,000 --
$165,000 --
$140,000 --
$170,000 --
$140,000 --
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 $455,000
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
01/11/2017 01/11/17 Sold $315,000 0.0% $69 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $315,000 -- $69 / 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 $8,394 $530,385 $146,496 $383,889
2025 $8,394 $576,601 $183,120 $393,481
2024 $6,970 $577,824 $183,120 $394,704
2023 $6,970 $419,182 $105,948 $313,234
2022 $6,286 $351,445 $66,708 $284,737
2021 $5,499 $267,594 $34,008 $233,586
2020 $5,582 $271,108 $34,008 $237,100
2019 $5,571 $261,872 $31,200 $230,672
2018 $5,832 $268,770 $33,348 $235,422
2017 $5,208 $269,337 $32,113 $237,224
2016 $4,949 $234,537 $0 $0
2015 $4,649 $217,103 $0 $0
2014 $4,423 $216,643 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1018467

Daytona Beach Area Association of REALTORS®
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