NOT LISTED FOR SALE

2625 Silver Palm Dr Edgewater, FL 32141

Florida Shores Neighborhood

Estimated Value: $234,000 - $274,000

3 Beds
1 Bath
1,246 Sq Ft
$201/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $167,000 $134 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,579/month

83 Days on Market

Highlights

  • Open Floorplan
  • Wine Refrigerator
  • Mature Landscaping
  • Attic
  • No HOA
  • Den

About This Home

As of June 2020

Come see this Move in ready 3 bedroom, 1 bath home with a huge back yard on the best street in Florida Shores! With an updated kitchen and stainless steel appliances this home needs nothing. The AC was replaced 3 years ago. The roof and windows were replaced 5 years ago. The water heater and electrical panel are both brand new...replaced last week! The open concept living area is great for entertaining guest or watching the game while cooking dinner for the family. A huge back yard and patio includes a Koi pond and hot tub. Close to New Smyrna Beach, shopping, Interstate 95 and to the new 14 acre park with splash pad, playground, dog park, walking trail and so much more.

Last Agent to Sell the Property

Michael Lowe

REAL BROKER, LLC License #3428616 Listed on: 02/24/2020

REAL BROKER, LLC

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1974

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 80x125
  • West Facing Home
  • Fenced
  • Mature Landscaping
  • Level Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned 07R-2B

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,246 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Family Room Off Kitchen
  • Den
  • Inside Utility
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • City Lot

Schools

  • Indian River Elementary School
  • New Smyrna Beach Middl Middle School
  • New Smyrna Beach High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Florida Shores 01 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,686

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1246
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1350
  • Lot Size Sq Ft: 10000
  • Directions to Property: From US1: take to Roberts Rd, head west, Roberts Rd turns into 30th St., keep going west to right on Silver Palm Dr., and house will be on the right. FROM: I-95 - 442 to S. Air Park Rd., turn right Air Park becomes Silver Palm, house on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5846298?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5846298?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Subdivision Num: 01
  • Ratio: Close Price\List Price: 0.98293
  • Price per Sq Ft: 134.03
  • Close to Original List Price Ratio: 0.92829
  • Ratio: Current Price\Building Area Total: 123.7
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 2625
  • Room Count: 3
  • Additional Rooms: Attic, Den/Library/Office, Family Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Fenced, Irrigation System, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Indian River Elem
  • High School: New Smyrna Beach High
  • Middle Or Junior School: New Smyrna Beach Middl

Lot Info

  • Zoning: 07R-2B
  • Parcel Number: 02-18-34-01-12-0770
  • Additional Parcels: No
  • Lot Features: City Lot, Level
  • Lot Dimensions: 80x125
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1685.76
  • Tax Block: 391
  • Tax Book Number: MB23-57
  • Tax Lot: 12077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Jun 30, 2020
Sold by
Skinner James
Bought by
Rawlins Taylor
Seller's Agent
Michael Lowe
REAL BROKER, LLC
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$179,900
Sold Price
$167,000
Premium/Discount to List
-$12,900
-7.17%
Current Estimated Value
$250,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,310
Avg. Annual Appreciation
8.03%
Original Mortgage
$163,975
Outstanding Balance
$147,263
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$102,644

Purchase Details

Closed on
Feb 20, 2019
Sold by
James Skinner Preservation Inc
Bought by
Skinner James

Purchase Details

Listed on
Oct 22, 2015
Closed on
Apr 15, 2016
Sold by
Sfimonsen Edwin C
Bought by
James Skinner Presevatin Inc
Seller's Agent
Marcia Barnett
The Barnett Group Inc.
Buyer's Agent
Marcia Barnett
The Barnett Group Inc.
List Price
$102,000
Sold Price
$102,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$87,000
Interest Rate
3.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
May 27, 2014
Closed on
Aug 27, 2014
Sold by
Us Bank Trust Na
Bought by
Edwin C Simonsen Revocable Trust
Seller's Agent
Marcia Barnett
The Barnett Group, Inc
Buyer's Agent
Marcia Barnett
The Barnett Group, Inc
List Price
$69,900
Sold Price
$64,500
Premium/Discount to List
-$5,400
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.41%

Purchase Details

Closed on
May 5, 2014
Sold by
Friend Michael L
Bought by
U S Bank Trust Na and Volt Asset Holdings Trust Xvi

Purchase Details

Closed on
May 26, 2005
Sold by
Galien Karin
Bought by
Friend Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Todd Andrea and Evans Kenneth
Bought by
Jahangirnezhad Jahangir

Purchase Details

Closed on
May 2, 1997
Sold by
Postreich Gustav
Bought by
Todd Andrea and Evans Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,900
Interest Rate
8.2%

Purchase Details

Closed on
Apr 23, 1997
Sold by
Larsen Robert Dale and Larsen Donna Sue
Bought by
B & P Inv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,900
Interest Rate
8.2%

Purchase Details

Closed on
Feb 15, 1987
Bought by
James Skinner Preservation Inc

Purchase Details

Closed on
Feb 15, 1986
Bought by
James Skinner Preservation Inc

Purchase Details

Closed on
Aug 15, 1984
Bought by
James Skinner Preservation Inc

Purchase Details

Closed on
Sep 15, 1979
Bought by
James Skinner Preservation Inc
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
Rawlins Taylor $167,000 Smarttitle Services
Skinner James -- Attorney
James Skinner Presevatin Inc $102,000 Fidelity National Title
Edwin C Simonsen Revocable Trust $64,500 None Available
U S Bank Trust Na $45,600 None Available
Friend Michael L $139,900 Southern Title Hldg Co Llc
Jahangirnezhad Jahangir $59,900 --
Todd Andrea $45,300 --
B & P Inv -- --
James Skinner Preservation Inc $100 --
James Skinner Preservation Inc $39,900 --
James Skinner Preservation Inc $36,500 --
James Skinner Preservation Inc $36,100 --
James Skinner Preservation Inc $27,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rawlins Taylor $163,975
Previous Owner James Skinner Preservation Inc $87,000
Previous Owner James Skinner Presevatin Inc $87,000
Previous Owner Friend Michael L $111,920
Previous Owner Todd Andrea $25,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $167,000 -1.7% $134 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $169,900 -2.3% $136 / Sq Ft
04/07/2020 04/07/20 Price Changed $173,900 -0.6% $140 / Sq Ft
03/11/2020 03/11/20 Price Changed $174,900 -2.8% $140 / Sq Ft
02/24/2020 02/24/20 For Sale $179,900 +76.4% $144 / Sq Ft
04/21/2016 04/21/16 Sold $102,000 0.0% $82 / Sq Ft
04/21/2016 04/21/16 Sold $102,000 -0.9% $82 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
04/04/2016 04/04/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $102,900 +0.9% $83 / Sq Ft
10/22/2015 10/22/15 For Sale $102,000 +58.1% $82 / Sq Ft
09/19/2014 09/19/14 Sold $64,500 -7.7% $52 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
05/24/2014 05/24/14 For Sale $69,900 -- $56 / 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 $3,082 $195,474 $49,600 $145,874
2024 $3,082 $192,407 $49,600 $142,807
2023 $3,082 $182,889 $42,000 $140,889
2022 $2,799 $158,244 $29,600 $128,644
2021 $2,581 $125,588 $23,200 $102,388
2020 $1,796 $87,332 $20,800 $66,532
2019 $1,686 $79,246 $14,800 $64,446
2018 $1,619 $74,611 $12,400 $62,211
2017 $1,533 $68,210 $11,200 $57,010
2016 $1,585 $66,430 $0 $0
2015 $1,502 $61,379 $0 $0
2014 $1,299 $53,845 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Lowe

    Seller's Agent in 2020

    Michael Lowe

    REAL BROKER, LLC

    (800) 401-0486

    14 in this area

    36 Total Sales

    Michael Lowe
    Section Image
  • Marcia Barnett

    Seller's Agent in 2016

    Marcia Barnett

    The Barnett Group Inc.

    (386) 689-4592

    29 in this area

    119 Total Sales

    Marcia Barnett
    Section Image
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Map

Source: Stellar MLS

MLS Number: O5846298

Stellar MLS

APN: 8402-01-12-0770

Florida Volusia County Edgewater 32141 Florida Shores

2625 Silver Palm Dr, Edgewater, FL

This home is located at 2625 Silver Palm Dr, Edgewater, FL 32141 since 24 February 2020 and is currently estimated at $250,310, approximately $200 per square foot. This property was built in 1974. 2625 Silver Palm Dr is a home located in Volusia County with nearby schools including Indian River Elementary School, New Smyrna Beach Middle School, and Edgehop Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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