NOT LISTED FOR SALE

2425 S Palmetto Ave South Daytona, FL 32119

Estimated Value: $1,048,000 - $1,176,000

5 Beds
2.5 Baths
3,172 Sq Ft
$352/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $950,000 $299 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,512/month

35 Days on Market

Highlights

  • Docks
  • 0.49 Acre Lot
  • Den
  • Property fronts an intracoastal waterway
  • No HOA
  • Rear Porch

About This Home

As of October 2021

Welcome to your beautifully maintained riverfront home with guest house. Suitable for plenty of room to store the outdoor recreational toys, and entertaining guests. Enjoy views of the intracoastal from all areas of the home. With 4 bedrooms and 3 baths in your main home, and 2 bedrooms and 1 bath in your guest house it is perfect for visitors, in-laws, and so much more! Situated on a large lot your forever home awaits you! Perfectly situated close to shopping, dining, boating & plenty of entertainment. Welcome home to your grand riverfront home!

Last Agent to Sell the Property

Mike Gagliardi

RE/MAX Signature License #3099073 Listed on: 07/23/2021

RE/MAX Signature

Last Buyer's Agent

Kristina Tomarelli

Ultimate Properties, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,153

Year Built

  • Built in 1977

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 79x270
  • Property fronts an intracoastal waterway
  • River Front

Parking

  • 2 Car Attached Garage

Property Views

  • Intracoastal
  • River

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 3,172 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Utility Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 5344-10-00-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,153

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.49
  • Lot Size: 79x270
  • Road Surface Type: Paved
  • Directions: FROM BEVILLE ROAD, SOUTH ON US1 TO RIDGE BLVD, THEN EAST TO PALMETTO, THEN SOUTH TO 2425
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Year Built: 1977
  • Reso Property Type: Residential
  • Reso Room Type: FamilyRoom
  • Reso Room Type: Den
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.49
  • General Property Information Lot Size Dimensions: 79x270
  • General Property Information Homestead YN: Yes
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 5344-10-00-0060
  • Location Tax and Legal:Tax Annual Amount: 9153.0
  • Location Tax and Legal:Tax Year: 2020
  • Cooling:Central Air: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • View:River: Yes
  • Levels:Two: Yes
  • Room Types Dining Room: Yes
  • Room Types Living Room: Yes
  • Room Types Utility Room: Yes
  • View Intracoastal: Yes
  • Waterfront Features Intracoastal2: Yes
  • Room Types Family Room: Yes
  • Room Types Den: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: In-Law Floorplan
  • Living Area: 3172.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:In-Law Floorplan: Yes

Exterior Features

  • View: Intracoastal, River
  • Waterfront Features: Intracoastal, River Front
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Dock
  • Patio And Porch Features: Patio, Rear Porch
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Exterior Features:Dock: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 21344.4
  • Parcel #: 5344-10-00-0060
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9153.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Oct 8, 2021
Sold by
Monahan Gerald M and Monahan Sandra Lee
Bought by
Tomarelli Sean Michael
Seller's Agent
Mike Gagliardi
RE/MAX Signature
Buyer's Agent
Kristina Tomarelli
Ultimate Properties, Inc
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$1,132,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,476
Avg. Annual Appreciation
6.01%
Original Mortgage
$760,000
Outstanding Balance
$700,525
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$487,369

Purchase Details

Closed on
Jun 15, 2007
Sold by
Turner Sharen M
Bought by
Monahan Gerald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2001
Sold by
Salafranca Jess C and Salafranca Justina A
Bought by
Wilson Oscar W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Tomarelli Sean Michael $950,000 Professional Title Agency
Monahan Gerald M $1,100,000 Attorney
Wilson Oscar W $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomarelli Sean Michael $760,000
Previous Owner Monahan Gerald M $384,000
Previous Owner Monahan Gerald M $415,000
Previous Owner Monahan Gerald M $417,000
Previous Owner Monahan Gerald M $350,000
Previous Owner Wilson Oscar W $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $950,000 0.0% $299 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $950,000 -- $299 / Sq Ft
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 $15,742 $988,277 -- --
2024 $15,742 $852,322 -- --
2023 $15,742 $827,498 $405,720 $421,778
2022 $16,121 $837,804 $0 $0
2021 $9,289 $478,967 $0 $0
2020 $9,153 $472,354 $0 $0
2018 $8,865 $453,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1086567

Daytona Beach Area Association of REALTORS®

APN: 5344-10-00-0060