NOT LISTED FOR SALE

Estimated Value: $963,772

0.61 Acre
$1,579,954 Price per Acre
26,572 Sq Ft Lot

Last Sold January 29, 2021

Last sale price $700,000

Est. 38% increase in value since last sale

Current estimated payment $6,094/month

Highlights

  • River View
  • 0.61 Acre Lot
  • 4-minute walk to Old Fort Park
  • Chisholm Elementary School Rated 9+

About This Lot

As of January 2021

This incredibly flexible and prime corner lot is located at the entrance to NSB's popular âWaterfront Loop and Gateway to the Beaches. Mixed Use (MU) zoning offers fantastic residential and commercial (FA3 high density) applications. This property is in the highly sought after historic district and special parking corridor (50% reduction in parking requirements and non-applicable for uses in the Arts). Want LOCATION? The City Marina and fishing pier are just steps away on the shores of the intracoastal waterway, as well as the c. 1768 Old Fort ruins and Historic Downtown Canal Street, home to shopping, restaurants, bakeries, breweries, art galleries, antique car shows, art shows, parades, weekly farmers market and more. Additional shopping, dining, entertainment and festivities, including the beach and the Atlantic Ocean, can be found on laid-back Flagler Avenue just minutes across the drawbridge. The site should offer outstanding views of the river, marina and downtown from upper floors. It is important to note that the site is also level with full utilities present and is suitable for a variety of development options, including Hotel (15 units), B&B, Condo (11 units), ACLF, Retail, Professional, Arts or a permissible combination in this trendy Live-Work downtown lifestyle. Don't miss this rare opportunity. Click VT link for Aerial Video Views and Lifestyle Video. ALL INFORMATION IS ASSUMED ACCURATE BUT GUARANTEED. BUYERS AND THEIR AGENT(S) SHALL VERIFY ALL INFORMATION DEEMED IMPORTANT TO THEM. ;Water: Available at Site

Last Agent to Sell the Property

Scott Yurchison

COLLADO REAL ESTATE License #3221361 Listed on: 01/27/2021

COLLADO REAL ESTATE

Last Buyer's Agent

Scott Yurchison

COLLADO REAL ESTATE License #3221361 Listed on: 01/27/2021

COLLADO REAL ESTATE

Property Details

Property Type

  • Land

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 150 x 177
  • Cleared Lot
  • Property is zoned MU

Additional Features

  • River Views
  • Cable TV Available

Community Details

  • Pitzer & Nelsons Blk 01 Hillmans New Smyrna Subdivision

Listing and Financial Details

  • Assessor Parcel Number 744132030040

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • HOA Fee Includes: None
  • Property Type: Land
  • Lot Size Acres: 0.61
  • Directions to Property: From US1, East on Washington toward the beaches, NE corner of Faulkner St just before the river.
  • Status: Sold
  • List Office Head Office Key Nume: 172580748
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 301

Exterior Features

  • Road Frontage Type: Access Road
  • Road Surface Type: Asphalt
  • Water View: River

Utilities

  • Utilities: Cable Available, Natural Gas Available, Telephone Nearby
  • Sewer: Other
  • Water Source: See Remarks

Condo/Co-op/Association

  • Development: None

Lot Info

  • Zoning: MU
  • Parcel Number: 744132030040
  • Lot Features: Cleared, City Limits
  • Lot Dimensions: 150 X 177

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Jan 29, 2021
Sold by
Faulkner And Washington Group Llc
Bought by
City Of New Smyrna Beach
Seller's Agent
Scott Yurchison
COLLADO REAL ESTATE
Buyer's Agent
Scott Yurchison
COLLADO REAL ESTATE
List Price
$790,000
Sold Price
$700,000
Premium/Discount to List
-$90,000
-11.39%
Current Estimated Value
$963,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,772
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Sep 9, 2005
Sold by
Thenault Georges M
Bought by
Faulkner & Washington Group Llc

Purchase Details

Closed on
Jun 4, 2003
Sold by
Fl Family Restoration Cntr Inc
Bought by
Thenault Georges M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1999
Sold by
Baumeister John C
Bought by
Fl Family Restoration Cntr Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,226
Interest Rate
7.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 1997
Sold by
Demeter Edward J
Bought by
Baumeister John C

Purchase Details

Closed on
Nov 25, 1995
Sold by
Demeter Edward J and Demeter Marie G
Bought by
Demeter Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1987
Bought by
Faulkner and Washington

Purchase Details

Closed on
Oct 15, 1969
Bought by
Faulkner and Washington
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
City Of New Smyrna Beach $700,000 Attorney
Faulkner & Washington Group Llc $399,000 Professional Title Agency In
Thenault Georges M $212,000 --
Fl Family Restoration Cntr Inc $140,000 --
Baumeister John C $95,000 --
Demeter Edward J -- --
Faulkner $100 --
Faulkner $24,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thenault Georges M $148,400
Previous Owner Fl Family Restoration Cntr Inc $144,226
Previous Owner Demeter Edward J $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $700,000 -11.4% --
01/27/2021 01/27/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $790,000 -- --
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 -- $745,472 $745,472 --
2024 -- $745,472 $745,472 --
2023 -- $745,472 $745,472 $0
2022 $0 $585,728 $585,728 $0
2021 $295 $292,864 $292,864 $0
2020 $3,321 $252,928 $252,928 $0
2019 $3,188 $239,616 $239,616 $0
2018 $2,706 $195,075 $195,075 $0
2017 $2,434 $160,650 $160,650 $0
2016 $2,306 $137,700 $0 $0
2015 $2,191 $126,225 $0 $0
2014 $1,771 $80,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1062254

Stellar MLS

APN: 7441-32-03-0040