NOT LISTED FOR SALE

2549 Palm Ave Flagler Beach, FL 32136

Estimated Value: $960,000

1.3 Acres
$738,462 Price per Acre
56,628 Sq Ft Lot

Last Sold December 16, 2021

Last sale price $200,000 $4 Per Sq Ft

Est. 380% increase in value since last sale

Current estimated payment $5,494/month

155 Days on Market

Highlights

  • Lake Front
  • Old Kings Elementary School Rated A-
  • 1.3 Acre Lot

About This Lot

As of December 2021

Build your dream home on this beautiful lakefront site. Use your electric golf cart to get to local dining, night life, fishing or a day at the beach. Beautiful neighborhood with upscaled homes. Drive by and take a look. Aerial videos.

Last Agent to Sell the Property

Scott Chappuis

Grand Living Realty License #472582 Listed on: 05/07/2021

Grand Living Realty

Last Buyer's Agent

Karen Nelson

Nonmember office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,081

Lot Details

  • 1.3 Acre Lot
  • Lake Front

HOA Fees

  • $33 Monthly HOA Fees

Community Details

  • Not On The List Subdivision

Listing and Financial Details

  • Assessor Parcel Number 19-12-32-1060-00000-0180

Property Details

Property Type

Land

Est. Annual Taxes

$2,081

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.3
  • Lot Size: Irregular
  • Road Surface Type: Asphalt
  • Subdivision Name: Not On The List
  • Directions: East on 100, Right on Ocean Shore to 23rd St. SOUTH. Right on 23rd , Left on Palm Ave. Sign on property.
  • Reso Property Type: Land
  • General Property Information Lot Size Acres: 1.3
  • General Property Information Lot Size Dimensions: Irregular
  • Location Tax and Legal:Parcel Number: 19-12-32-1060-00000-0180
  • Location Tax and Legal:Tax Annual Amount: 2080.82
  • Location Tax and Legal:Tax Year: 2020
  • Location Tax and Legal Zoning Description: Single Family
  • Utilities:Electricity Available: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Other
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Waterfront Features:Lake Front: Yes
  • Lot Features:Other18: Yes

Utilities

  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association #2 Fee: 400.0
  • Association #2 Fee Frequency: Annually

Association/Amenities

  • General Property Information:Association Fee 2 Frequency: Annually
  • General Property Information:Association Fee 2: 400.0

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 56628.0
  • Parcel #: 19-12-32-1060-00000-0180
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2080.82
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2024
Sold by
Babalola Michael
Bought by
Babalola Michael and Babalola Marian
Current Estimated Value
$960,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$761,000
Outstanding Balance
$753,414
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
$206,586

Purchase Details

Listed on
May 7, 2021
Closed on
Dec 14, 2021
Sold by
Winchester Roberts F and Winchester Alice F
Bought by
Babalola Michael
Seller's Agent
Scott Chappuis
Grand Living Realty
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.43%
Original Mortgage
$180,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2012
Closed on
Jun 7, 2012
Sold by
Warr Michael C and Warr Elizabeth R
Bought by
Winchester Robert S and Winchester Alice F
Seller's Agent
Margaret Sheehan-Jones
PARKSIDE REALTY GROUP
Buyer's Agent
LAWRENCE ROESSEL
ATLANTIC OCEAN REALTY
List Price
$79,000
Sold Price
$65,000
Premium/Discount to List
-$14,000
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
May 24, 2007
Sold by
Warr Michael C and Warr Elizabeth R
Bought by
Warr Michael C and Warr Elizabeth R

Purchase Details

Closed on
Jun 15, 2004
Sold by
Galioto Frank
Bought by
Warr Michael C and Warr Elizabeth
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
Babalola Michael $100 Covenant Closing & Title Servi
Babalola Michael $200,000 Convenant Closing & Title Serv
Winchester Robert S $65,000 Coast Title Ins Agency Inc
Warr Michael C -- Attorney
Warr Michael C -- Attorney
Warr Michael C $253,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babalola Michael $761,000
Previous Owner Babalola Michael $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2021 12/16/21 Sold $200,000 0.0% $4 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $200,000 +207.7% $4 / Sq Ft
06/07/2012 06/07/12 Sold $65,000 -17.7% $1 / Sq Ft View Prior Sale
05/02/2012 05/02/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $79,000 -- $1 / 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
2024 $4,211 $281,600 $281,600 --
2023 $4,211 $187,858 $0 $0
2022 $3,393 $170,780 $170,780 $0
2021 $2,263 $157,280 $157,280 $0
2020 $2,081 $144,280 $144,280 $0
2019 $2,023 $144,280 $144,280 $0
2018 $1,949 $144,280 $144,280 $0
2017 $1,880 $144,280 $144,280 $0
2016 $1,735 $57,750 $0 $0
2015 $1,103 $52,500 $0 $0
2014 $1,136 $52,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1080409

Daytona Beach Area Association of REALTORS®

APN: 19-12-32-1060-00000-0180