NOT LISTED FOR SALE

16 Wellham Ln Palm Coast, FL 32164

Estimated Value: $395,000 - $416,998

5 Beds
3 Baths
1,998 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $203,000 $102 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,510/month

256 Days on Market

Highlights

  • Boat Ramp
  • Covered Patio or Porch
  • Tile Flooring
  • No HOA
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of July 2017

Fantastic opportunity to own a meticulously maintained duplex located on a well kept street of similar properties. Side A offers 3-beds/2-baths and Side B offers 2-Beds/1-Bath. Side A has had the same renter since September 2012 and Side B has had the same renter since February 2013. Both are on a month-to-month lease & are stellar renters who would like to remain as tenants. Owners have made so many GREAT upgrades: New roof May 2008, New AC Unit A 2008, New AC Unit B 2010, New Tile THROUGHOUT in Both Units in 2013 (NO Carpet), New Stove Unit A 2013, New Dishwasher in Unit B 2013 as well as a current termite bond on the entire property. Each unit offers a spacious, open floor plan that allows access to covered patio areas for grilling and outdoor enjoyment as well as each Unit has a single car garage with oversized driveway for additional vehicles. All of the large ticket items have been addressed so there is nothing to accomplish but to hand over the keys and collect the rents!

Last Agent to Sell the Property

Karla Goodman

TRADEMARK REALTY GROUP LLC License #3096497 Listed on: 09/16/2016

TRADEMARK REALTY GROUP LLC

Co-Listed By

Allen Goodman

COLDWELL BANKER REALTY

Last Buyer's Agent

Harry Ashley

ASHLEY REAL ESTATE, INC License #3115600

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,903

Year Built

  • Built in 1990

Lot Details

  • 0.25 Acre Lot
  • West Facing Home

Parking

  • 1 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,998 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07-11-31-7021-00030-0040

Community Details

Overview

  • No Home Owners Association
  • Pine Lakes Condos
  • Pine Lakes Subdivision

Recreation

  • Boat Ramp

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,903

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Living Area: 1998
  • Year Built: 1990
  • Lot Size Sq Ft: 10000
  • Directions to Property: West on Palm Coast Parkway; Left on Pine Lakes Parkway; Left on Wellwater Dr; Left on Wellwood Lane; Right on Wellhaven Lane; Left on Wellham Lane
  • Status: Sold
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.94419
  • Price per Sq Ft: 101.6
  • Close to Original List Price Ratio: 0.86383
  • View: No
  • Co List Office Mls Id: 256500522
  • Co List Office Phone: 386-246-5700
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 5
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 16

Exterior Features

  • Direction Faces: West
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Other
  • Patio and Porch Features: Covered, Open Patio, Patio
  • Road Surface Type: Paved

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, On Street
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Other, Private Boat Ramp
  • Association: No
  • Senior Community: No
  • Complex Community Name NCCB: PINE LAKES

Lot Info

  • Zoning: DPX
  • Parcel Number: 07-11-31-7021-00030-0040
  • Lot Features: Other
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Widomski Daniel T
Bought by
Jesus Paulo
Current Estimated Value
$404,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Outstanding Balance
$183,624
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$220,709

Purchase Details

Listed on
Sep 16, 2016
Closed on
Jul 14, 2017
Sold by
Forster Paul A and Sitzaman Karen Ann
Bought by
Widomski Daniel T
Seller's Agent
Karla Goodman
TRADEMARK REALTY GROUP LLC
Buyer's Agent
Harry Ashley
ASHLEY REAL ESTATE, INC
List Price
$235,000
Sold Price
$203,000
Premium/Discount to List
-$32,000
-13.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$199,323
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2014
Sold by
Sitzman Harold A and Sitzman Karen A
Bought by
Sitzman Harold A and Forster Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2004
Sold by
Souza Jeffrey
Bought by
Sitzman Harold A and Forster Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2004
Sold by
Palmer Jeffrey M
Bought by
Souza Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 12, 2003
Sold by
Palmer Jeffrey M and Baker Mara J
Bought by
Palmer Jeffrey M

Purchase Details

Closed on
May 15, 2000
Sold by
Stroup Donald J and Stroup Maria
Bought by
Palmer Jeffrey M and Palmer Mara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,413
Interest Rate
8.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Jesus Paulo $295,000 Title Root Llc
Widomski Daniel T $203,000 Agents Choice Title Llc
Sitzman Harold A -- Attorney
Sitzman Harold A $185,000 --
Souza Jeffrey $156,000 --
Palmer Jeffrey M -- --
Palmer Jeffrey M $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jesus Paulo $206,250
Previous Owner Widomski Daniel T $199,323
Previous Owner Sitzman Harold A $126,000
Previous Owner Sitzman Harold A $148,000
Previous Owner Souza Jeffrey $148,200
Previous Owner Palmer Jeffrey M $107,413
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Off Market $203,000 -- --
07/14/2017 07/14/17 Sold $203,000 -13.6% $102 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
09/16/2016 09/16/16 For Sale $235,000 -- $118 / 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 $4,672 $287,698 $46,500 $241,198
2023 $4,672 $239,245 $0 $0
2022 $4,503 $283,205 $44,500 $238,705
2021 $3,849 $197,723 $24,000 $173,723
2020 $2,401 $166,323 $0 $0
2019 $2,224 $153,405 $18,525 $134,880
2018 $3,167 $155,430 $12,825 $142,605
2017 $2,257 $127,211 $11,700 $115,511
2016 $1,903 $93,356 $0 $0
2015 $1,852 $90,194 $0 $0
2014 $1,755 $84,259 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC224277

Stellar MLS

APN: 07-11-31-7021-00030-0040