NOT LISTED FOR SALE

244 Coral Reef Ct N Unit A/B Palm Coast, FL 32137

Estimated Value: $389,226 - $482,000

6 Beds
4 Baths
3,016 Sq Ft
$147/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $390,000 $129 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,784/month

16 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Old Kings Elementary School Rated A-
  • No HOA
  • 4-minute walk to Long Creek Nature Preserve

About This Home

As of March 2023

Don't miss out on this diamond in the rough. Perfect investment opportunity! Located in the highly desirable Palm Harbor neighborhood. Close to schools, shopping and our beautiful beaches. With some renovations, this could be an incredible income producing property. Roof 2005. A/C on A side 2021.

Last Agent to Sell the Property

AMANDA RYAN

REAL ESTATE SERVICES OF PALM COAST License #3454208 Listed on: 01/05/2023

Co-Listed By

CHERYL DREEZER

REAL ESTATE SERVICES OF PALM COAST License #620551

Last Buyer's Agent

J. MAEGAN WILSON

REAL BROKER, LLC License #3509931

REAL BROKER, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,301

Year Built

  • Built in 1989

Lot Details

  • 0.28 Acre Lot

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Circular Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 3,016 Sq Ft Home
  • Open Floorplan
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Laundry Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, trash collection, water
  • Legal Lot and Block 10 / 29
  • Assessor Parcel Number 07-11-31-7004-00290-0100

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Palm Coast Sec 04 Subdivision

Building Details

  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,301

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 3016
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1989
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 12000
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: Palm Harbor, right onto Coral way, Left onto Coral Reef Ct, property located on the right-hand side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/FC288237?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/FC288237?w=Customer
  • Unit Count: 2
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.86667
  • Price per Sq Ft: 129.31
  • Close to Original List Price Ratio: 0.86667
  • View: No
  • Co List Office Mls Id: 256500075
  • Co List Office Phone: 386-445-1000
  • Ownership: Fee Simple
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Eating Space In Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Walk-In Closet(s)
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Street Number Modifier: 244
  • Additional Rooms: Inside Utility
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Lighting, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: None

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Faces Side
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Closet, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: DPX
  • Parcel Number: 07-11-31-7004-00290-0100
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 2600
  • Minimum Lease: No Minimum

Multi Family

  • Gross Income: 31200
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5301
  • Tax Block: 29
  • Tax Book Number: 1063/135
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 27, 2023
Sold by
Stephens Gloria
Bought by
Cook Derek and Cook Christine
Seller's Agent
AMANDA RYAN
REAL ESTATE SERVICES OF PALM COAST
Buyer's Agent
J. MAEGAN WILSON
REAL BROKER, LLC
List Price
$450,000
Sold Price
$390,000
Premium/Discount to List
-$60,000
-13.33%
Views
163
Current Estimated Value
$436,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,708
Avg. Annual Appreciation
6.23%
Original Mortgage
$292,500
Outstanding Balance
$284,947
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$167,024

Purchase Details

Closed on
May 10, 2000
Sold by
Alexander Mary L and Stephens Gloria
Bought by
Stephens Gloria
Source: Public Records

Range of Values:

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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
Cook Derek $390,000 Covenant Closing & Title Servi
Stephens Gloria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Derek $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $390,000 -13.3% $129 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $450,000 -- $149 / 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
2024 $4,713 $367,017 $64,500 $302,517
2023 $4,713 $242,895 $0 $0
2022 $4,522 $278,578 $64,500 $214,078
2021 $4,052 $225,339 $33,500 $191,839
2020 $3,710 $199,044 $29,500 $169,544
2019 $3,386 $176,699 $28,950 $147,749
2018 $3,206 $171,653 $23,250 $148,403
2017 $2,821 $140,984 $10,300 $130,684
2016 $2,541 $124,643 $0 $0
2015 $3,030 $147,537 $0 $0
2014 $2,822 $135,499 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC288237

Stellar MLS

APN: 07-11-31-7004-00290-0100