NOT LISTED FOR SALE

16 Prosperity Ln Unit A and B Palm Coast, FL 32164

Estimated Value: $447,651 - $479,000

-- Bed
4 Baths
2,858 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $460,000 $161 Per Sq Ft

Current estimated payment $3,125/month

67 Days on Market

Highlights

  • Open Floorplan
  • Solid Surface Countertops
  • 1 Car Attached Garage
  • High Ceiling
  • No HOA
  • Walk-In Closet

About This Home

As of May 2024

Welcome to an outstanding investment opportunity! This duplex presents 3 bedrooms and 2 baths on each side, boasting a generous total of 1430 square feet of living space per unit. Adding to the appeal, each unit includes a convenient 1-car garage. Step inside to discover fully tiled flooring throughout, offering not only durability but also hassle-free maintenance for landlords and tenants alike. Recent renovations have significantly enhanced the property's value, with a new roof installed in 2022 to ensure the long-term structural integrity. Moreover, the exterior has received a fresh coat of paint, not only elevating curb appeal but also fortifying the facade against the elements. Inside, spacious rooms with soaring volume ceilings in the main living areas create an inviting and expansive atmosphere for residents. The primary bedrooms are designed for comfort and convenience, featuring large walk-in closets for ample storage and luxurious walk-in showers in the primary baths. Generously sized guest baths and oversized rooms further enhance the living experience in each unit. A standout feature of this duplex is Side B, which has undergone a comprehensive remodel, transforming it into a modern and inviting living space that is sure to attract quality tenants. From brand-new appliances to upgraded cabinets and a stylish backsplash in the kitchen, every detail has been carefully considered to enhance both functionality and aesthetics. Additionally, new vanities in the baths, along with fresh lighting fixtures and ceiling fans, contribute to the contemporary ambiance throughout the unit. With a fresh coat of paint adding to the appeal, Side B exemplifies the epitome of comfortable and stylish living, making it an enticing option for prospective tenants seeking a contemporary rental experience. Adding to the appeal, each unit boasts its own private entry located discreetly on the side of the home, ensuring privacy and convenience for residents. Currently, Side A is tenant-occupied, offering immediate income potential for investors, while Side B presents an excellent opportunity for rental income or owner occupancy. Don't miss out on seizing this remarkable investment opportunity! With its income-generating potential and updated features, this well-maintained duplex promises an attractive return on investment. Schedule a viewing today to secure your stake in this highly desirable.

Last Agent to Sell the Property

Cathy Horrocks

BETTER HMS & GARDENS RE SYNERG License #3366728 Listed on: 03/06/2024

BETTER HMS & GARDENS RE SYNERG

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,779

Year Built

  • Built in 1997

Lot Details

  • 10,149

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 2,858 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Combination Dining and Living Room
  • Tile Flooring
  • Laundry in Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Private Mailbox
  • 10,149 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 3,834 Sq Ft Building
  • Palm Coast Sec 24 Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,779

Year Built

Built in 1997

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2858
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 3834
  • Lot Size Sq Ft: 10149
  • Directions to Property: Belle Terre Parkway to Pritchard R to Providence L to property on R
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 579203046
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 160.95
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 16
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 265.52

Exterior Features

  • Exterior Features: Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Development: Not Assigned

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: DPX
  • Parcel Number: 07-11-31-7024-00510-0330
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 943

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: none

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 6779.22
  • Tax Block: 51
  • Tax Book Number: 512/1987
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
May 31, 2024
Sold by
Delara Jack and Delara Nancy
Bought by
Ilvers Pharah
Seller's Agent
Cathy Horrocks
BETTER HMS & GARDENS RE SYNERG
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$459,900
Sold Price
$460,000
Premium/Discount to List
$100
0.02%
Views
97
Current Estimated Value
$459,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$450
Avg. Annual Appreciation
-0.09%
Original Mortgage
$450,686
Outstanding Balance
$446,676
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$12,874

Purchase Details

Closed on
May 6, 2022
Sold by
Schibeci Antonio W
Bought by
Delara Jack and Delara Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2016
Sold by
Portal Joseph A and Portal Isabel O
Bought by
Portal Joseph A and Portal Isabel O

Purchase Details

Closed on
Mar 1, 2016
Bought by
Portal Joseph A
Source: Public Records

Range of Values:

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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
Ilvers Pharah $460,000 Olde Florida Title
Delara Jack -- Aaa Title Agency & Escrow Serv
Delara Jack $385,000 Olde Florida Title
Portal Joseph A -- Accommodation
Portal Joseph A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ilvers Pharah $450,686
Previous Owner Delara Jack $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $460,000 0.0% $161 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $459,900 -- $161 / Sq Ft
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 $6,779 $369,476 $44,000 $325,476
2023 $6,779 $365,902 $43,000 $322,902
2022 $5,228 $365,368 $44,000 $321,368
2021 $4,347 $240,372 $22,000 $218,372
2020 $3,944 $206,473 $14,000 $192,473
2019 $3,579 $180,037 $12,350 $167,687
2018 $3,414 $179,279 $9,975 $169,304
2017 $3,053 $154,474 $8,100 $146,374
2016 $2,741 $134,054 $0 $0
2015 $2,503 $121,867 $0 $0
2014 $2,530 $121,498 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC298832

Stellar MLS

APN: 07-11-31-7024-00510-0330