$1,300,000
SOLD AUG 19, 2013

1600 Big Tree Rd South Daytona, FL 32119

Georgetowne Neighborhood
1 Bed
-- Bath
10,000 Sq Ft
1986 Built

Recently Sold

$130 Per Sq Ft

294 Days on Market

About This Home

As of March 2014

30 UNITS!GREAT FOR RETIREMENT! GET A HIGHER RETURN THAN PUTTING THE MONEY IN THE BANK!-Excellent value on a bulk buy of 1 BR units in the tranquil Georgetowne Lakes development. The complex offers tennis, heated pool, fitness center and is surrounded by lush landscaping. Each unit has a private screened lanai and parking. Easy access to major highways and minutes to shopping, restaurants, educational facilities and the famed Daytona International Speedway. AN EXCELLENT INVESTMENT OPPORTUNITY

Last Agent to Sell the Property

Broker Dummy

NON ACTIVE FIRM Listed on: 10/18/2012

Last Buyer's Agent

Aswin Suri

Oceans Luxury Realty Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

HOA Fees

  • $109 Monthly HOA Fees

Home Design

  • 10,000 Sq Ft Home
  • Frame Construction

Parking

  • 9 Parking Spaces
  • Off-Street Parking

Additional Features

  • 1 Bedroom
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5331160000R2

Community Details

Overview

  • 30 Units
  • Georgetowne Subdivision

Building Details

  • Gross Income $23,352
  • Net Operating Income $122,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

HOA Fees

$109 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 100000
  • Subdivision Name: Georgetowne
  • Directions: Clyde Morris South of Beville to West on Big Tree Road into Georgetown Lakes.
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1986
  • Reso Property Type: ResidentialIncome
  • General Property Information Lot Size Dimensions: 100000
  • Location Tax and Legal:Parcel Number: 5331160000R2
  • Location Tax and Legal:Tax Annual Amount: 51000.0
  • Location Tax and Legal:Tax Year: 2008
  • Cooling:Central Air: Yes
  • General Property Information Number Of Units Total2: 30.0
  • Unit 1 Details Furnished3: Unfurnished
  • Gross Scheduled Income: 280000.0
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Living Area: 10000.0

Exterior Features

  • Construction Type: Frame, Other
  • Construction Materials:Frame: Yes
  • Construction Materials:Other8: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 9.0
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association #2 Fee: 109.0
  • Association #2 Fee Frequency: Monthly

Association/Amenities

  • General Property Information:Association Fee 2 Frequency: Monthly
  • General Property Information:Association Fee 2: 109.0

Lot Info

  • Current Use: Mixed Use
  • Parcel #: 5331160000R2

Multi Family

  • Number Of Units Total: 30
  • Annual Gross Income: 23352.0
  • Property Net Operating Income: 122000.0

Tax Info

  • Tax Annual Amount: 51000.0
  • Tax Year: 2008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2013
Sold by
Calimarea Lydia M
Bought by
Calimarea Lydia M and Calimarea Revocable Trust
Current Estimated Value
$134,816

Purchase Details

Closed on
Oct 17, 2008
Sold by
Calimarea Lydia M
Bought by
Calimarea Lydia M and Calimarea Revocable Trust

Purchase Details

Closed on
Oct 13, 2006
Sold by
Georgetowne Lake Llc
Bought by
Calimarea Lydia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Outstanding Balance
$72,848
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$69,069
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Corporate Deed $126,000 Parker Rose Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $119,700 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2014 03/14/14 Sold $391,000 0.0% $39 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $391,000 -69.9% $39 / Sq Ft
08/19/2013 08/19/13 Sold $1,300,000 0.0% $130 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
10/18/2012 10/18/12 For Sale $1,300,000 -- $130 / 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 $1,740 $119,300 -- $119,300
2024 $1,740 $119,300 -- $119,300
2023 $1,740 $123,300 $0 $123,300
2022 $1,493 $91,900 $0 $91,900
2021 $1,407 $77,200 $0 $77,200
2020 $1,276 $69,300 $0 $69,300
2019 $1,170 $61,500 $0 $61,500
2018 $1,131 $60,800 $0 $60,800
2017 $1,043 $51,000 $12,750 $38,250
2016 $987 $45,100 $0 $0
2015 $935 $40,000 $0 $0
2014 $891 $37,772 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Enis Qosja

    Oceans Luxury Realty Inc

  • M

    Buyer's Agent in 2014

    Mac Dowling

    Gaff's Realty Company

  • B

    Seller's Agent in 2013

    Broker Dummy

    NON ACTIVE FIRM

  • A

    Buyer's Agent in 2013

    Aswin Suri

    Oceans Luxury Realty Inc

See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 537069

Daytona Beach Area Association of REALTORS®

APN: 5331-16-00-00I5

Florida Volusia County South Daytona 32119 Georgetowne

1600 Big Tree Rd, South Daytona, FL

This home is located at 1600 Big Tree Rd, South Daytona, FL 32119 and is currently priced at $1,300,000, approximately $130 per square foot. This property was built in 1986. 1600 Big Tree Rd is a home located in Volusia County with nearby schools including Atlantic High School, South Daytona Elementary School, and Silver Sands Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Daytona Beach Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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