NOT LISTED FOR SALE

160 Palmetto Pines Rd Ormond Beach, FL 32174

Estimated Value: $570,224 - $763,000

20.48 Acres
$32,549 Price per Acre
892,109 Sq Ft Lot

Last Sold November 30, 2022

Last sale price $572,500

Est. 16% increase in value since last sale

Current estimated payment $4,257/month

Highlights

  • 20.48 Acre Lot
  • Wooded Lot
  • Corner Lot
  • Pathways Elementary School Rated 9+

About This Lot

As of November 2022

20 plus acres, 1/4 acre pond, corner lot, approx. 3 acres have been cleared, approx. 2500/3000 yards of fill dirt. LOCATION is everything. Now is the time. This rare piece of paradise is waiting for you. Easy drive to the beach, short drive to some great restaurants, historical downtown Ormond Beach, boat ramps, shopping, everything you need but you can still have your privacy Please direct any building, permitting and zoning questions to the County of Volusia to ensure accurate information. All information recorded in the MLS is intended to be accurate, but cannot be guarantee.

Last Agent to Sell the Property

Kristi Stevenson

Watson Realty Corp License #3165094 Listed on: 08/08/2022

Watson Realty Corp

Last Buyer's Agent

Kristi Stevenson

EXIT Realty Of Daytona

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,099

Lot Details

  • 20.48 Acre Lot
  • Dirt Road
  • Corner Lot
  • Wooded Lot

Community Details

  • Country Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4036-00-00-0050

Property Details

Property Type

Land

Est. Annual Taxes

$2,099

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 20.48
  • Road Surface Type: Dirt
  • Subdivision Name: Country Acres
  • Directions: Approx 6 miles west of I-95, West on State Rd 40. Palmetto Pines is on the Left. Property is first lot on the right
  • Reso Property Type: Land
  • General Property Information Lot Size Acres: 20.48
  • Location Tax and Legal:Parcel Number: 4036-00-00-0050
  • Location Tax and Legal:Tax Annual Amount: 2099.0
  • Location Tax and Legal:Tax Year: 2021
  • Location Tax and Legal Zoning Description: Other
  • Road Surface Type:Dirt: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot, Wooded, Other
  • Lot Features:Corner Lot: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Other18: Yes

Lot Info

  • Current Use: Horses, Single Family
  • Lot Size Sq Ft: 892108.8
  • Parcel #: 4036-00-00-0050
  • Zoning Description: Other
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2099.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Nov 30, 2022
Sold by
Knight Cecil C and Knight Mary R
Bought by
Jenkins Boyd G and Jenkins Stacey L
Seller's Agent
Kristi Stevenson
Watson Realty Corp
Buyer's Agent
Kristi Stevenson
Watson Realty Corp
List Price
$572,500
Sold Price
$572,500
Current Estimated Value
$666,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,112
Avg. Annual Appreciation
5.45%
Original Mortgage
$372,125
Outstanding Balance
$361,222
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$305,390

Purchase Details

Listed on
Sep 29, 2016
Closed on
Feb 28, 2017
Sold by
Vinhar 2 Holdings Of Florida Llc
Bought by
Knight Cecil C and Knight Mary R
Seller's Agent
Kandi Schromm
RE/MAX Property Centre
Buyer's Agent
Buzzy Porter
Realty Pros Assured
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.24%
Original Mortgage
$93,750
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 29, 2016
Closed on
Feb 24, 2017
Sold by
Patel Vinod B and Patel Harshvina
Bought by
Vinhar 2 Holdigns Of Florida Llc
Seller's Agent
Kandi Schromm
RE/MAX Property Centre
Buyer's Agent
Buzzy Porter
Realty Pros Assured
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 2003
Sold by
Patel Vinod B and Patel Harshvina V
Bought by
Vinhar #2 Holdings Of Florida Lp

Purchase Details

Closed on
Sep 15, 1988
Bought by
Vinhar 2 Holdings Of Florida

Purchase Details

Closed on
Mar 15, 1980
Bought by
Vinhar 2 Holdings Of Florida
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
Jenkins Boyd G $572,500 Watson Title Services
Knight Cecil C $125,000 Southern Title Holdinig Co L
Vinhar 2 Holdigns Of Florida Llc -- Southern Title Holding Co Ll
Vinhar #2 Holdings Of Florida Lp -- --
Vinhar 2 Holdings Of Florida $100 --
Vinhar 2 Holdings Of Florida $100 --
Vinhar 2 Holdings Of Florida $100 --
Vinhar 2 Holdings Of Florida $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Boyd G $372,125
Previous Owner Knight Cecil C $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2022 11/30/22 Sold $572,500 0.0% --
08/08/2022 08/08/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $572,500 +358.0% --
02/28/2017 02/28/17 Sold $125,000 0.0% -- View Prior Sale
01/16/2017 01/16/17 Pending -- -- --
09/29/2016 09/29/16 For Sale $125,000 -- --
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 $8,679 $520,722 $520,722 --
2024 $8,679 $520,722 $520,722 --
2023 $8,679 $487,424 $487,424 $0
2022 $3,110 $294,912 $294,912 $0
2021 $2,099 $106,496 $106,496 $0
2020 $2,106 $106,496 $106,496 $0
2019 $2,250 $106,496 $106,496 $0
2018 $2,312 $106,496 $106,496 $0
2017 $988 $93,798 $93,798 $0
2016 $472 $21,340 $0 $0
2015 $486 $21,340 $0 $0
2014 $486 $21,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1100035

Daytona Beach Area Association of REALTORS®

APN: 4036-00-00-0050