NOT LISTED FOR SALE

2505 Arabian Trail Ormond Beach, FL 32174

Estimated Value: $697,000 - $869,291

4 Beds
4 Baths
3,141 Sq Ft
$243/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $333,002 $106 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,839/month

12 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Fireplace
  • In Ground Pool
  • No HOA
  • Rear Porch

About This Home

As of January 2017

OPPORTUNITY TO OWN LARGE HOME ON 5 ACRES IN ORMOND BEACH! This 4bed/4bath pool home is in need of a new owner who is looking for a project! Split bedroom plan, living room w/fireplace and open to kitchen area. Needs kitchen cabinetry, appliances, fixtures etc..and a lot of TLC. Inground pool & lanai area overlooking the lot which features a small pond and horses are also permitted. Diamond in the Rough !

Last Agent to Sell the Property

Renita Kershaw

RE/MAX Property Centre Listed on: 11/27/2016

Last Buyer's Agent

Angeline Shull

RE/MAX Signature License #0707329

RE/MAX Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,502

Year Built

  • Built in 1999

Lot Details

  • Home fronts a pond
  • Lake Front
  • East Facing Home

Parking

  • 2 Car Garage

Property Views

  • Lake
  • Pond

Home Design

  • Fixer Upper
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 3,141 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Patio
  • Rear Porch

Utilities

  • Agricultural Well Water Source
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4114-00-00-0093

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,502

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 5 Acres
  • Road Surface Type: Paved
  • Subdivision Name: Not In Subdivision
  • Directions: West on Granada, right o Tymber Creek Rd, left on Airport, right on Leeway, left on Arabian to end.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1999
  • Reso Property Type: Residential
  • Reso Room Type: DiningRoom
  • Reso Room Type: Kitchen
  • Roof:Shingle: Yes
  • General Property Information Lot Size Dimensions: 5 Acres
  • General Property Information Direction Faces: East
  • General Property Information Homestead YN: No
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 4114-00-00-0093
  • Location Tax and Legal:Tax Annual Amount: 5502.0
  • Location Tax and Legal:Tax Year: 2015
  • Flooring:Tile: Yes
  • Pool Features In Ground2: Yes
  • Road Surface Type:Paved: Yes
  • ViewPond: Yes
  • Levels:One: Yes
  • Pets Allowed:Yes: Yes
  • Room Types Dining Room: Yes
  • Pool Features:Private: Yes
  • Room Types Living Room: Yes
  • Water Source:Well: Yes
  • Room Types Family Room: Yes
  • Property Condition:Fixer: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Split Bedrooms
  • Living Area: 3141.0
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: Private, In Ground
  • View: Lake, Pond
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Brick
  • Direction Faces: East
  • Patio And Porch Features: Patio, Rear Porch
  • Property Condition: Fixer
  • Roof: Shingle
  • View:Lake: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Horses
  • Parcel #: 4114-00-00-0093

Tax Info

  • Tax Annual Amount: 5502.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2016
Closed on
Dec 29, 2016
Sold by
Wilmington Trust Na
Bought by
Weinard Karsten Josef
Seller's Agent
Renita Kershaw
RE/MAX Property Centre
Buyer's Agent
Angeline Shull
RE/MAX Signature
List Price
$333,002
Sold Price
$333,002
Current Estimated Value
$764,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,571
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Nov 14, 2002
Sold by
Garafolo Louis A and Garafolo Lorraine
Bought by
Gonzalez Marcelo and Gonzalez Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,289
Interest Rate
5.95%

Purchase Details

Closed on
Feb 25, 1997
Sold by
Ritenour Lonnie and Ritenour Sylvia
Bought by
Robertson James O and Robertson Patricia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.91%

Purchase Details

Closed on
Apr 23, 1996
Sold by
Robertson James B and Robertson Patricia N
Bought by
Hale H E and Hale Mary R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weinard Karsten Josef $333,002 Soutern Title Holding Co
Gonzalez Marcelo $345,000 --
Robertson James O $45,000 --
Hale H E $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Marcelo $281,289
Previous Owner Robertson James O $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2017 01/13/17 Sold $333,002 0.0% $106 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
11/27/2016 11/27/16 For Sale $333,002 -- $106 / 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 $9,992 $653,065 $148,500 $484,605
2024 $9,188 $634,660 $148,500 $486,160
2023 $9,188 $562,705 $137,500 $425,205
2022 $9,670 $698,336 $195,000 $503,336
2021 $8,021 $476,034 $157,500 $318,534
2020 $7,778 $514,257 $180,000 $334,257
2019 $7,043 $451,043 $180,000 $271,043
2018 $6,579 $409,590 $150,000 $259,590
2017 $5,808 $304,512 $85,000 $219,512
2016 $5,329 $310,555 $0 $0
2015 $5,502 $308,396 $0 $0
2014 $5,467 $305,948 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Renita Kershaw

    RE/MAX Property Centre

  • Angeline Shull

    Buyer's Agent in 2017

    Angeline Shull

    RE/MAX

    (386) 295-9605

    88 Total Sales

    Angeline Shull
    Section Image
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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1023013

Daytona Beach Area Association of REALTORS®

APN: 4114-00-00-0093

Florida Volusia County Ormond Beach 32174

2505 Arabian Trail, Ormond Beach, FL

Not Listed for Sale

Detached

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