NOT LISTED FOR SALE

2021 S Ridgewood Ave Edgewater, FL 32141

Estimated Value: $242,000

0.69 Acre
$351,234 Price per Acre
30,013 Sq Ft Lot

Last Sold June 14, 2018

Last sale price $255,000

Est. 5% decrease in value since last sale

Current estimated payment $1,510/month

536 Days on Market

About This Lot

As of June 2018

Remarks: EXCEPTIONAL! 2 Parcels, 50,000 square feet (1.15 Acres) with 100’ frontage on US Route-1! This Mixed-Use Commercial Land is mostly cleared, being sold for Land Value Only. Buildings on property are of no value. PRIME location on the US Route-1 Commercial Corridor with GREAT visibility and non-stop drive-by traffic! Close proximity to Walgreens, Publix, Dollar General, Winn Dixie, Dunkin Donuts and more. A short distance to South Riverside Drive and the Indian River. And… there’s more to come!! This property will be combined in an assemblage of other Parcels (5 Parcels total) which will increase the size to 2.02 Acres. Look for details SOON! Absolutely the most lucrative opportunity to be offered in this area for quite some time!! Survey Available.

Last Agent to Sell the Property

Marcia Barnett

The Barnett Group, Inc License #675268 Listed on: 03/02/2016

Last Buyer's Agent

Marcia Barnett

The Barnett Group, Inc License #675268 Listed on: 03/02/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,844

Lot Details

  • Cleared Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8402-37-03-0170

Property Details

Property Type

Land

Est. Annual Taxes

$2,844

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 8402-37-03-0170
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • Utilities Sewer Connected: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Commercial
  • Parcel #: 8402-37-03-0170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 30, 2018
Sold by
Ost Susan C and Burton Edward C
Bought by
Shanti Rao Llc
Seller's Agent
Marcia Barnett
The Barnett Group, Inc
Buyer's Agent
Marcia Barnett
The Barnett Group, Inc
List Price
$325,000
Sold Price
$255,000
Premium/Discount to List
-$70,000
-21.54%
Current Estimated Value
$242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,000
Original Mortgage
$375,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2009
Sold by
Bava Dorene J
Bought by
Bava Dorene J and Bava Richard P

Purchase Details

Closed on
Dec 3, 2008
Sold by
Hickman Christine
Bought by
Bava Richard and Connolly Warren

Purchase Details

Closed on
Sep 1, 2006
Sold by
Bucholtz Kenneth R
Bought by
Hickman Christine

Purchase Details

Closed on
Aug 10, 2005
Sold by
Schaaf Saralyn
Bought by
Bucholtz Kenneth R

Purchase Details

Closed on
May 13, 2005
Sold by
Bucholtz Kenneth R
Bought by
Schaaf Saralyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 1997
Sold by
Frobe Joseph O and Frobe Betty M
Bought by
Bucholtz Kenneth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 1978
Bought by
Connolly Warren
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
Shanti Rao Llc $520,000 Professional Title Agency
Bava Dorene J -- Attorney
Bava Richard $302,714 Attorney
Hickman Christine $320,000 First American Title Ins Co
Bucholtz Kenneth R $10,000 --
Schaaf Saralyn $260,000 Associated Land Title Group
Bucholtz Kenneth R $175,000 --
Connolly Warren $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shanti Rao Llc $375,000
Previous Owner Schaaf Saralyn $230,000
Previous Owner Bucholtz Kenneth R $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2018 06/14/18 Sold $255,000 -21.5% --
08/21/2017 08/21/17 Pending -- -- --
03/02/2016 03/02/16 For Sale $325,000 -- --
Source: Space Coast MLS (Space Coast 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 $2,844 $165,000 $165,000 --
2024 $2,844 $165,000 $165,000 --
2023 $2,844 $165,000 $165,000 $0
2022 $2,661 $157,500 $157,500 $0
2021 $2,466 $120,000 $120,000 $0
2020 $2,548 $123,768 $120,000 $3,768
2019 $2,629 $123,596 $120,000 $3,596
2018 $2,456 $113,187 $109,500 $3,687
2017 $3,265 $145,238 $109,500 $35,738
2016 $3,233 $135,524 $0 $0
2015 $3,277 $133,953 $0 $0
2014 $3,263 $131,696 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marcia Barnett

    Seller's Agent in 2018

    Marcia Barnett

    The Barnett Group, Inc

    (386) 689-4592

    16 in this area

    113 Total Sales

    Marcia Barnett
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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 748142

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 8402-37-03-0170

Florida Volusia County Edgewater 32141

2021 S Ridgewood Ave, Edgewater, FL

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.

Space Coast MLS (Space Coast 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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