NOT LISTED FOR SALE

1960 E Gateway Dr New Smyrna Beach, FL 32168

Estimated Value: $403,640

5 Acres
$80,728 Price per Acre
217,800 Sq Ft Lot

Last Sold July 28, 2017

Last sale price $223,000

Est. 81% increase in value since last sale

Current estimated payment $2,175/month

110 Days on Market

About This Lot

As of July 2017

Beautiful 5 acre parcel near town offering unique opportunity for palm tree & landscape nursery. Large greenhouse & metal barn with 3 open bays. Approximately 1900’ of field fencing around entire property with gate. Deep well for irrigation on time/zoned system. Over 500+ trees including Bismarck, Chinese Fan, Ribbon, Sylvester & many more. Agriculturally zoned with exemption currently in place, this property is ideal for someone who wants to take over an existing nursery, but also someone who may want to sell some of the inventory in order to fund construction of their future home. Subdividing into 2 parcels is also possible. The property is teeming with wildlife! See to appreciate the possibilities!

Last Agent to Sell the Property

Margie Lints

Magnolia Properties License #334666 Listed on: 03/10/2017

Last Buyer's Agent

Matthew Guarro

MG Real Estate Group License #3213837

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $425

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 400 x 545

Listing and Financial Details

  • Assessor Parcel Number 734408000127

Property Details

Property Type

Land

Est. Annual Taxes

$425

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 5.0
  • Lot Size: 400 X 545
  • Subdivision Name: Not IN Subdivision
  • Directions: SR44 to south on Old Mission Rd, left on Massey Rd, left on Gateway Dr.
  • Reso Property Type: Land
  • General Property Information Lot Size Acres: 5.0
  • General Property Information Lot Size Dimensions: 400 X 545
  • Location Tax and Legal:Parcel Number: 734408000127
  • Location Tax and Legal:Tax Year: 2017
  • Location Tax and Legal Zoning Description: Other
  • Utilities:Electricity Available: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Other
  • Lot Features:Other18: Yes

Utilities

  • Utilities: Electricity Available

Lot Info

  • Current Use: Agricultural
  • Lot Size Sq Ft: 217800.0
  • Parcel #: 734408000127
  • Zoning Description: Other
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2017
Closed on
Jul 28, 2017
Sold by
Garnjobst Dana
Bought by
Coastal Permascape Llc
Seller's Agent
Margie Lints
Magnolia Properties
Buyer's Agent
Matthew Guarro
MG Real Estate Group
List Price
$223,000
Sold Price
$223,000
Current Estimated Value
$403,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,640
Avg. Annual Appreciation
7.49%

Purchase Details

Closed on
May 1, 2013
Sold by
Morris Robert A
Bought by
Garnjobst Dana

Purchase Details

Closed on
Dec 29, 2000
Sold by
Massey Ent
Bought by
Morris Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
7.72%
Mortgage Type
Commercial
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
Coastal Permascape Llc $223,000 Attorney
Garnjobst Dana -- Attorney
Morris Robert A $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Robert A $41,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $223,000 0.0% --
06/28/2017 06/28/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $223,000 -- --
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 $425 $46,480 -- --
2024 $425 $47,347 -- --
2023 $425 $43,443 $0 $0
2022 $405 $42,017 $0 $0
2021 $290 $19,918 $0 $0
2020 $284 $20,256 $0 $0
2019 $291 $20,878 $0 $0
2018 $137 $11,375 $0 $0
2017 $146 $6,974 $0 $0
2016 $140 $5,039 $0 $0
2015 $146 $5,106 $0 $0
2014 $162 $5,806 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1026888

Daytona Beach Area Association of REALTORS®

APN: 7344-08-00-0127