NOT LISTED FOR SALE

Estimated Value: $530,000 - $701,958

3 Beds
3 Baths
2,515 Sq Ft
$245/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $325,000 $129 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,744/month

140 Days on Market

Highlights

  • Wood Flooring
  • Double Oven
  • Porch
  • Formal Dining Room
  • Separate Outdoor Workshop
  • 4-minute walk to Christmas Park

About This Home

As of December 2019

Amazing Downtown New Smyrna Beach home built in 1916 that is located in the Heart of the Historical District with unbelievable potential with its "Mixed Use" zoning. It is in an excellent location close to downtown New Smyrna Beach and Advent Hospital. It would make a perfect home ...great for entertaining or a superb location for a business. It has 3 bedrooms, 3 baths and 2515 square feet of air conditioned living space. It rests on a 50' x 150' lot with a 2 1/2 detached garage with a workshop and alley access.
This home has a gourmet kitchen with a spacious island with seating plus a gas cook top & double SS ovens. The "Mud Room" has an extra refrigerator and dishwasher. The exterior of the home has just been painted, new metal roof in 2017, plumbing, electrical and baths have all been updated. It even has a large front porch to sit and watch the world go by! This wonderful is home is located close to the Heart of New Smyrna's Historic and Hospital District & is in walking distance to the Art District, local parks, Intracoastal Waterway, the Brannon Center and some fine local restaurants and businesses.

All information is believed to be accurate. Buyers and their representatives should verify all information that is important to them. ;Water: City

Last Agent to Sell the Property

Mary Burzawa

ISLAND PROPERTIES OF N S B License #498827 Listed on: 07/16/2019

Last Buyer's Agent

Chad Newberry

NEWBERRY REALTY & DEV GRP INC. License #3284350

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,684

Year Built

  • Built in 1916

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Irrigation
  • Property is zoned MU

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,515 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • French Doors
  • Formal Dining Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • Oversized Parking
  • Workshop in Garage

Outdoor Features

  • Separate Outdoor Workshop
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • Andrews Prop Subdivision

Listing and Financial Details

  • Assessor Parcel Number 744138212480

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,684

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame
  • Living Area: 2515
  • Lot Size Acres: 0.17
  • Year Built: 1916
  • Building Area Total: 2921
  • Directions to Property: From I-95 & S.R. 44 travel East to Palmetto Street. Turn left. 204 Palmetto is on the left about 3 blocks towards Canal Strret.
  • Status: Sold
  • List Office Head Office Key Nume: 703461242
  • RATIO Current Price By Calculate: 129.22
  • MFR_InLawSuiteYN: 0
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Double Oven, Electric Water Heater, Ice Maker, Oven, Range, Refrigerator
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 204
  • Additional Rooms: Formal Dining Room Separate
  • Room Count: 11

Exterior Features

  • Other Structures: Workshop
  • Exterior Features: French Doors, Irrigation System
  • Roof: Metal
  • Patio and Porch Features: Porch
  • Road Surface Type: Asphalt

Garage/Parking

  • Parking Features: Oversized, Workshop in Garage

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: See Remarks

Condo/Co-op/Association

  • Security: Smoke Detector(s)
  • Senior Community: No
  • Development: Not In Subdivision

Lot Info

  • Zoning: MU
  • Parcel Number: 744138212480
  • Lot Features: City Limits
  • Lot Dimensions: 50 x 150

Rental Info

  • Furnished: Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Sabben Llc
Bought by
Farajallah Sabra Alaina and Farajallah Benjamin
Current Estimated Value
$615,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$422,803
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$244,068

Purchase Details

Listed on
Jul 16, 2019
Closed on
Dec 30, 2019
Sold by
Fletcher Martin R and Fletcher Sara A
Bought by
Sabben Llc
Seller's Agent
Mary Burzawa
ISLAND PROPERTIES OF N S B
Buyer's Agent
Chad Newberry
NEWBERRY REALTY & DEV GRP INC.
List Price
$449,900
Sold Price
$325,000
Premium/Discount to List
-$124,900
-27.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.59%
Original Mortgage
$255,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2016
Sold by
Alexander John
Bought by
Fletcher Martin and Fletcher Sara

Purchase Details

Closed on
Aug 19, 2004
Sold by
Alexander John
Bought by
Alexander John and Alexander Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2004
Sold by
Bahng John and Delcorso Salvatore
Bought by
Alexander John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2003
Sold by
Milne Glenn and Milne Catherine
Bought by
Bahng John B and Delcorso Salvatore
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
Farajallah Sabra Alaina -- Fidelity National Title
Sabben Llc $325,000 Fidelity Natl Ttl Of Fl Inc
Fletcher Martin -- None Available
Alexander John -- --
Alexander John $135,000 Professional Title Agency In
Bahng John B $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farajallah Sabra Alaina $455,000
Previous Owner Sabben Llc $255,000
Previous Owner Fletcher Martin $200,000
Previous Owner Alexander John $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $325,000 -27.8% $129 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $449,900 0.0% $179 / Sq Ft
03/15/2016 03/15/16 Rented $1,700 0.0% --
02/27/2016 02/27/16 Under Contract -- -- --
01/04/2016 01/04/16 For Rent $1,700 0.0% --
01/03/2016 01/03/16 For Rent $1,700 -- --
01/03/2016 01/03/16 Rented -- -- --
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 $4,684 $566,278 $223,048 $343,230
2024 $4,684 $420,830 -- --
2023 $4,684 $310,773 $0 $0
2022 $5,036 $219,656 $0 $0
2021 $4,393 $242,190 $87,626 $154,564
2020 $4,207 $231,048 $75,677 $155,371
2018 $3,585 $185,218 $67,711 $117,507
2016 $3,276 $156,939 $0 $0
2015 $1,214 $97,614 $0 $0
2014 $1,216 $96,839 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1050548

Stellar MLS

APN: 7441-38-21-2480