NOT LISTED FOR SALE

2022 and 2020 India Palm Dr Edgewater, FL 32141

Florida Shores Neighborhood

Estimated Value: $163,000 - $302,000

2 Beds
2 Baths
1,960 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $199,999 $102 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,208/month

530 Days on Market

Highlights

  • Fruit Trees
  • No HOA
  • 1 Car Attached Garage
  • Deck
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of October 2019

Fantastic Investment Opportunity!! Income Producing DUPLEX " For Sale" 2/Bedrooms and 2/Bathrooms per unit (2020 & 2022 India Palm Dr.) with tenants in place until 10/31/2018 and 1/31/2019. NO HOA!.Close to Strips Mails. Grocery Stores, Banks, walking distance to Gas Station. Close Edgewater and New Smyrna Beaches.
Owners are also selling another 2/2 Duplex next door (2024 & 2026 India Palm Dr.) for $199,999.99.
MLS Number #S4856345

Last Agent to Sell the Property

Gloria Silva West

FLORIDA REALTY MARKETPLACE License #3305696 Listed on: 01/23/2018

FLORIDA REALTY MARKETPLACE

Co-Listed By

Irma Cruz

FLORIDA REALTY MARKETPLACE License #3041430

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,696

Year Built

  • Built in 1991

Lot Details

  • 5,000 Sq Ft Lot
  • Fruit Trees

Parking

  • 1 Car Attached Garage

Home Design

  • 1,960 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Shingle Roof

Kitchen

  • Range
  • Dishwasher

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Florida Shores 01 Subdivision

Building Details

  • Gross Income $17,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,696

Year Built

Built in 1991

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Wood Frame
  • Living Area: 1960
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1991
  • Lease Term: 24 Months
  • Lot Size Sq Ft: 5000
  • Directions to Property: I-4 East to SR 44 East to I-95 South, Edgewater Exit, turn left off exit, turn right on India Palm Drive, cross railroad track, property on the left side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/S4856342?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/S4856342?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 102.04
  • Close to Original List Price Ratio: 0.72463
  • View: No
  • Co List Office Mls Id: 261012556
  • Co List Office Phone: 863-877-1915
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Levels: One
  • Street Number Modifier: 2022 and 2020
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12127C0685J

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: Yes
  • Association Fee Requirement: None

Lot Info

  • Zoning: 07R4
  • Parcel Number: 02-18-34-01-03-1740
  • Additional Parcels: No
  • Lot Features: In County
  • Lot Dimensions: 0
  • Flood Zone Code: X
  • Flood Zone Date: 2017-09-29
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Income: 17820
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1696
  • Tax Block: 22
  • Tax Book Number: MB23-57
  • Tax Lot: 3174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Lago Karen V
Bought by
Zinchenko Svetlana
Current Estimated Value
$215,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Outstanding Balance
$102,285
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$112,992

Purchase Details

Listed on
Jan 23, 2018
Closed on
Sep 27, 2019
Sold by
Richardson Jessie and Richardson Leoma
Bought by
Lago Karen V
Seller's Agent
Gloria Silva West
FLORIDA REALTY MARKETPLACE
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$199,999
Sold Price
$199,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.22%
Original Mortgage
$106,504
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 1990
Bought by
Richardson Jessie and Richardson Leoma
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
Zinchenko Svetlana $176,000 Clear Choice Title
Lago Karen V $100,000 First International Ttl Inc
Richardson Jessie $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zinchenko Svetlana $105,600
Previous Owner Lago Karen V $106,504
Closed Zinchenko Svetlana $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2019 10/02/19 Sold $199,999 0.0% $102 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $199,999 0.0% $102 / Sq Ft
04/16/2019 04/16/19 Off Market $199,999 -- --
07/14/2018 07/14/18 Price Changed $199,999 -24.2% $102 / Sq Ft
04/13/2018 04/13/18 Price Changed $264,000 -4.3% $135 / Sq Ft
01/23/2018 01/23/18 For Sale $276,000 -- $141 / 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
2025 $841 $149,547 $20,000 $129,547
2024 $841 $151,860 $20,000 $131,860
2023 $841 $84,785 $0 $0
2022 $804 $82,316 $0 $0
2021 $760 $79,918 $0 $0
2020 $741 $78,815 $6,200 $72,615
2019 $1,643 $77,236 $6,200 $71,036
2018 $1,679 $88,510 $6,200 $82,310
2017 $1,573 $79,204 $5,600 $73,604
2016 $1,516 $71,936 $0 $0
2015 $1,426 $66,816 $0 $0
2014 $1,298 $58,694 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S4856342

Stellar MLS

APN: 8402-01-03-1750