NOT LISTED FOR SALE

224 S Salisbury Ave Deland, FL 32720

Estimated Value: $275,000 - $308,000

3 Beds
3 Baths
1,446 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $312,000 $216 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,840/month

158 Days on Market

Highlights

  • High Ceiling
  • Mature Landscaping
  • Living Room
  • No HOA
  • Covered Patio or Porch
  • Tile Flooring

About This Home

As of September 2023

Situated in the heart of Deland, Florida, this MULTI-FAMILY home or potential investment property. Featuring a main house with 2 bedrooms and 2 bathrooms, spanning 1,360 sq. ft and including a single car carport. In addition, there is a separate back cottage with its own entrance, which consists of 1 bedroom, 1 bathroom, and a full kitchen. This SEPERATE unit offers great flexibility, making it perfect for accommodating guests or utilizing it as a rental.

What sets this property apart is that the cottage is separately metered, allowing you to maximize your rental income potential while still enjoying the privacy of having two distinct dwellings on the same lot.
Moreover, the location of this property near the UNIVERSITY makes it an ideal spot for student living. Students can enjoy the convenience of living close to campus while experiencing the comforts of a private residence. The home is move-in ready, with a NEW AC unit installed in 2022 and a NEW ROOF from 2017, and a NEW WATER HEATER ensuring comfort and durability for its residents.

In terms of investment potential, for investors, the estimated monthly rent rate is $2,600, which offers a great annual cash flow opportunity.

Don't miss out on this incredible chance to make this home yours and enjoy the wonderful lifestyle that Deland has to offer!

Call us, NOW! Let’s schedule your private showing, TODAY!

Last Agent to Sell the Property

Ben Laube

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3317519 Listed on: 03/01/2023

EXP REALTY LLC

Last Buyer's Agent

Bee Powell

BEE REALTY CORP License #3259106

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,441

Year Built

  • Built in 1926

Lot Details

  • 7,654 Sq Ft Lot
  • Lot Dimensions are 59x125
  • East Facing Home
  • Mature Landscaping

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,446 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Room
  • Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Carport Space
  • Driveway
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Southwestern Middle School
  • Deland High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Park Place In Millers Add Deland Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,441

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1446
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1926
  • Building Area Total: 1446
  • Lot Size Sq Ft: 7654
  • Directions to Property: West on New York Ave (State Road 44) to Left on Salisbury Ave. House is on Right
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Orlando
  • Escrow Postal Code: 32803
  • Escrow State: FL
  • Escrow Street Name: Suite 208
  • Escrow Street Number: 934 North Magnolia Ave
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: 7 Months
  • RATIO Current Price By Calculate: 215.77
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), High Ceilings
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 224
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 134.34
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Screened
  • Road Surface Type: Concrete
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-02-19
  • Flood Zone Panel: 12127C0465H

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Driveway, On Street

Utilities

  • Utilities: Cable Available, Public, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • High School: Deland High
  • Middle Or Junior School: Southwestern Middle

Lot Info

  • Zoning: X
  • Parcel Number: 2260921
  • Additional Parcels: No
  • Lot Dimensions: 59x125
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 711

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer to verify with local municipality

Tax Info

  • Tax Annual Amount: 2440.56
  • Tax Block: 6
  • Tax Book Number: 5-186
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Sep 1, 2023
Sold by
Moxie Properties Llc
Bought by
Robinson Scott Franklin and Greene Gail Clare
Seller's Agent
Ben Laube
EXP REALTY LLC
Buyer's Agent
Bee Powell
BEE REALTY CORP
List Price
$325,000
Sold Price
$312,000
Premium/Discount to List
-$13,000
-4%
Views
155
Current Estimated Value
$292,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,440
Avg. Annual Appreciation
-3.20%
Original Mortgage
$249,600
Outstanding Balance
$244,398
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$48,162

Purchase Details

Closed on
Aug 26, 2004
Sold by
King Lucius
Bought by
Moxie Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2003
Sold by
Sepe Mark
Bought by
King Lucius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2000
Sold by
Dept Housing & Urban Dev Wa D C
Bought by
Sepe Mark A

Purchase Details

Closed on
Mar 22, 2000
Sold by
Chase Manhattan Mtg Corp
Bought by
Housing & Urban Dev

Purchase Details

Closed on
Jun 30, 1998
Sold by
Peek Patricia B
Bought by
Walker Calvin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,924
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 1998
Sold by
Dept Housing & Urban Dev
Bought by
Peek Patricia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,924
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 1997
Sold by
G E Capital Mtg Svc Inc
Bought by
Housing & Urban Dev

Purchase Details

Closed on
Apr 15, 1993
Bought by
Moxie Properties Llc

Purchase Details

Closed on
Jan 15, 1986
Bought by
Moxie Properties Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Robinson Scott Franklin $312,000 Vision Title Llc
Moxie Properties Llc $109,000 Westside Title Services Inc
King Lucius $98,000 --
Sepe Mark A $38,000 --
Housing & Urban Dev -- --
Walker Calvin D $57,800 --
Peek Patricia B $30,000 --
Housing & Urban Dev -- --
Moxie Properties Llc $45,900 --
Moxie Properties Llc $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Scott Franklin $249,600
Previous Owner Moxie Properties Llc $192,000
Previous Owner Moxie Properties Llc $87,200
Previous Owner King Lucius $88,200
Previous Owner Sepe Mark A $65,450
Previous Owner Sepe Mark A $65,450
Previous Owner Walker Calvin D $57,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $312,000 -4.0% $216 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $325,000 0.0% $225 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $325,000 -- $225 / 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 $2,951 $264,592 $23,286 $241,306
2024 $2,951 $263,051 $23,286 $239,765
2023 $2,951 $208,278 $13,972 $194,306
2022 $2,441 $136,648 $13,972 $122,676
2021 $2,321 $112,994 $11,934 $101,060
2020 $2,217 $107,586 $11,643 $95,943
2019 $2,276 $106,761 $9,974 $96,787
2018 $2,187 $101,723 $9,403 $92,320
2017 $2,022 $86,691 $7,733 $78,958
2016 $1,945 $86,349 $0 $0
2015 -- $81,474 $0 $0
2014 -- $69,409 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6092567

Stellar MLS

APN: 7017-06-06-0170