RENTED APR 4, 2025

14 Tea Olive Dr Palm Coast, FL 32137

Estimated Value: $341,586 - $364,000

3 Beds
2 Baths
1,541 Sq Ft
$229/Sq Ft Est. Value

Highlights

  • New Construction
  • Lake View
  • Covered Patio or Porch
  • Indian Trails Middle School Rated A-
  • Open Floorplan
  • 2 Car Attached Garage

About This Home

As of April 2025

Brand New & Ready For You! Welcome to 14 Tea Olive Drive in the Somerset Community of Palm Coast. Located right off US1, this conveniently located neighborhood will feature a community pool and playground, as well as walking trails, shopping & so much more close by. As soon as you enter this home, you are greeted by gorgeous lake views which will follow you from kitchen, dining, living room to primary bedroom. 3 bedroom plus 2 bathrooms, a separate laundry room with washer & dryer. Kitchen features a gas stove as well as outside patio has gas hookup, water heater is also gas. Contact us for a showing! Sorry, no pets.

Last Agent to Rent the Property

MELANIE PROVENCHER

THE SELBY GROUP, INC. Brokerage Phone: License #3147298 Listed on: 01/21/2025

Last Renter's Agent

MELANIE PROVENCHER

THE SELBY GROUP, INC. Brokerage Phone: License #3147298 Listed on: 01/21/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 6,000

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,541 Sq Ft Home
  • Open Floorplan
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Thermostat

Additional Features

  • Covered Patio or Porch
  • 6,000 Sq Ft Lot

Community Details

  • Property has a Home Owners Association
  • Sovereign Jacobs Association
  • Somerset/Palm Coast Pk Ph 1 Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,950
  • Property Available on 2/15/25
  • Available 4/1/25
  • $65 Application Fee
  • Assessor Parcel Number 04-11-30-5570-00000-1510

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: No
  • Available Date: 2025-02-15
  • Long Term YN: 1
  • Security Deposit: 1950
  • Expected Lease Date: 2025-04-01T00:00:00.000

Listing Details

  • Property Type: Residential Lease
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Living Area: 1541
  • Lot Size Acres: 0.2
  • New Construction: Yes
  • Year Built: 2024
  • Building Area Total: 1541
  • Lot Size Sq Ft: 6000
  • Owner Pays: None
  • Status: Leased
  • ResoBuildingAreaSource: Builder
  • Building Area Total Srch Sq M: 143.16
  • RATIO Current Price By Calculate: 1.23
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: Debra L Wingo
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: One
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 143.16

Exterior Features

  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Association Name: Sovereign Jacobs
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: None
  • Development: Not Assigned

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 65

Lot Info

  • Parcel Number: 04-11-30-5570-00000-1510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2024
Sold by
Kb Home Jacksonville Llc
Bought by
Malik Baber and Malik Bella
Current Estimated Value
$352,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,001
Outstanding Balance
$148,821
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$203,972
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
Malik Baber $347,100 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Baber $150,001
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2025 04/04/25 Rented $1,900 -2.6% --
02/25/2025 02/25/25 Under Contract -- -- --
02/17/2025 02/17/25 Price Changed $1,950 -2.5% $1 / Sq Ft
01/21/2025 01/21/25 For Rent $2,000 -- --
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 -- $37,189 $37,189 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC306633

Stellar MLS

APN: 04-11-30-5570-00000-1510