NOT LISTED FOR SALE

16 Margaret Rd Ormond Beach, FL 32176

Estimated Value: $241,000 - $304,000

2 Beds
1 Bath
784 Sq Ft
$340/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $110,288 $141 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,491/month

11 Days on Market

Highlights

  • Deck
  • Fireplace
  • Patio
  • No HOA
  • 1 Car Attached Garage
  • 4-minute walk to Al Weeks Sr. North Shore Park

About This Home

As of September 2014

Beachside bungalows are becoming rare to pick up these days so make your move TODAY! This cute 2 bedroom 1 bath beachside beauty is within walking distance to the ocean and has an updated kitchen. There is a patio out back that is screened and the utility room is enclosed. BONUS! A true one car garage! Come take a look at this one now. This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down. This property is approved for HomePath Renovation Financing and HomePath Mortgage Financing...All information recorded in the MLS is intended to be accurate, but not guaranteed. Mortgage Financing...All information recorded in the MLS is intended to be accurate, but not guaranteed.

Last Agent to Sell the Property

Carol Blawn

EXIT Beach Realty License #0490587 Listed on: 08/19/2014

Last Buyer's Agent

Lorne Marandino

Realty Experts Florida License #0412679

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,811

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 50x100
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Living Room
  • Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ormond Ocean Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 323403000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,811

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 50x100
  • Subdivision Name: Ormond Ocean Gardens
  • Directions: From Granda go North on A1A (oceanshore) past Publix and then left on Margaret.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1960
  • Reso Property Type: Residential
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • General Property Information Lot Size Dimensions: 50x100
  • General Property Information Homestead YN: No
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 323403000800
  • Location Tax and Legal:Tax Annual Amount: 1811.0
  • Location Tax and Legal:Tax Year: 2013
  • Cooling:Central Air: Yes
  • Flooring:Tile: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • Room Types Living Room: Yes
  • Room Types Other Room: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Tile
  • Living Area: 784.0
  • Appliances:Electric Range: Yes

Exterior Features

  • Fencing: Fenced
  • Construction Type: Block, Concrete
  • Exterior Features: Other
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Parcel #: 323403000800

Tax Info

  • Tax Annual Amount: 1811.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2014
Closed on
Sep 29, 2014
Sold by
Federal National Mortgage Association
Bought by
Walsh Daniel E
Seller's Agent
Carol Blawn
EXIT Beach Realty
Buyer's Agent
Lorne Marandino
Realty Experts Florida
List Price
$110,288
Sold Price
$110,288
Current Estimated Value
$266,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,449
Avg. Annual Appreciation
8.20%

Purchase Details

Closed on
Jul 9, 2014
Sold by
Mrache Margaret J and Mrache Steve J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 7, 2005
Sold by
Bartlett David Jack
Bought by
Mrache Steve J and Mrache Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1997
Sold by
Gazeley Kathleen and Gazeley Peter M
Bought by
Bartlett David Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,106
Interest Rate
7.69%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 1988
Bought by
Walsh Daniel E

Purchase Details

Closed on
Sep 15, 1987
Bought by
Walsh Daniel E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Walsh Daniel E $106,538 Attorney
Federal National Mortgage Association $62,100 None Available
Mrache Steve J $153,000 First American Title Ins Co
Bartlett David Jack $59,000 --
Walsh Daniel E $57,500 --
Walsh Daniel E $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mrache Steve J $122,400
Previous Owner Bartlett David Jack $57,106
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2014 09/29/14 Sold $110,288 0.0% $141 / Sq Ft
08/30/2014 08/30/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $110,288 -- $141 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

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 $1,080 $113,668 -- --
2024 $959 $110,465 -- --
2023 $959 $107,248 $0 $0
2022 $888 $104,124 $0 $0
2021 $864 $101,091 $0 $0
2020 $844 $99,695 $0 $0
2019 $811 $97,454 $0 $0
2018 $1,403 $95,637 $0 $0
2017 $1,370 $93,670 $0 $0
2016 $1,348 $91,743 $0 $0
2015 $1,375 $91,105 $0 $0
2014 $1,973 $78,029 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 562592

Daytona Beach Area Association of REALTORS®

APN: 3234-03-00-0800