NOT LISTED FOR SALE

31 Cypress Cir Ormond Beach, FL 32176

4 Beds
2 Baths
1,350 Sq Ft
0.29 Acres

Last Sold December 20, 2019

Last sale price $210,000 $156 Per Sq Ft

3 Days on Market

Highlights

  • Balcony
  • Fenced
  • 3-minute walk to Milton W Pepper Mini Park
  • Central Heating and Cooling System

About This Home

As of December 2019

Duplex in Ormond Beach's Ellinor Village just a couple blocks from the beach. This is an income producing property. Fully rented w/ a rent roll of $1970.00/ month. Unit A is a 2 bedroom 1 bathroom apartment and is leased at $1095/ month. The unit has a private fenced in backyard. This unit also has a very large shed in backyard. Unit B is also 2 bedroom 1 bathroom. Leased at $875/ month. Landlord pays for water, pest control & lawn. 1 water meter 2 electric meters. The roof is brand new. Installed Nov 2019. Both units have central AC. Ellinor Village is in high demand w/ renters. This is a great property to invest your money and collect on very attractive CAP Rate and rate of return on your investment. Professionally managed. Need 24 hour notice to show please.

Last Agent to Sell the Property

Matt Gomes

Miller Real Estate and Assoc. License #3279435 Listed on: 11/25/2019

Last Buyer's Agent

Elle Gilbert

Adams, Cameron & Co., Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1949

Lot Details

  • 0.29 Acre Lot
  • Fenced

Home Design

  • 1,350 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Additional Features

  • 4 Bedrooms
  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for grounds care, management, water
  • Assessor Parcel Number 4223-02-06-0120

Community Details

Overview

  • 2 Units
  • Ellinor Village Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $1,970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,529

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Lot Size: 12,600
  • Subdivision Name: Ellinor Village
  • Directions: Granada Blvd East to A1A south to right on Byron Ellinor Dr to Cypress Cir
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1949
  • Reso Property Type: ResidentialIncome
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.29
  • General Property Information Lot Size Dimensions: 12,600
  • Location Tax and Legal:Parcel Number: 4223-02-06-0120
  • Location Tax and Legal:Tax Annual Amount: 1529.0
  • Location Tax and Legal:Tax Year: 2018
  • Cooling:Central Air: Yes
  • Water Source:Public: Yes
  • Fencing Fenced: Yes
  • Owner Pays Water4: Yes
  • Owner Pays:Grounds Care: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal
  • Owner Pays: Grounds Care, Management, Water
  • Total Bedrooms: 4
  • Living Area: 1350.0
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Fencing: Fenced
  • Construction Type: Block, Concrete
  • Exterior Features: Balcony
  • Other Structures: Other
  • Roof: Shingle
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street
  • Total Parking Spaces: 4.0
  • Parking Features:On Street: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 12632.4
  • Parcel #: 4223-02-06-0120
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1970.0

Tax Info

  • Tax Annual Amount: 1529.0
  • Tax Year: 2018

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $210,000 0.0% $156 / Sq Ft
11/28/2019 11/28/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $210,000 -- $156 / 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
2026 $4,778 $323,008 $158,000 $165,008
2025 $4,778 $323,008 $158,000 $165,008
2024 $4,034 $294,063 $158,000 $136,063
2023 $4,034 $283,289 $74,000 $209,289
2022 $3,654 $252,410 $63,350 $189,060
2021 $3,332 $189,316 $35,000 $154,316
2020 $3,153 $179,140 $40,000 $139,140
2019 $911 $78,342 $0 $0
2018 $1,529 $114,430 $0 $0
2017 $588 $92,471 $0 $0
2016 $541 $88,772 $0 $0
2015 $512 $84,215 $0 $0
2014 $430 $77,244 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Matt Gomes

    Miller Real Estate and Assoc.

    (386) 864-1806

    7 in this area

    22 Total Sales

    Matt Gomes
    Section Image
  • Elle Gilbert

    Buyer's Agent in 2019

    Elle Gilbert

    Adams, Cameron & Co., Realtors

    (386) 334-2227

    8 in this area

    27 Total Sales

    Elle Gilbert
    Section Image
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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1064967

Daytona Beach Area Association of REALTORS®

APN: 4223-02-06-0120

Florida Volusia County Ormond Beach 32176

31 Cypress Cir, Ormond Beach, FL

Not Listed for Sale

MultiFamily

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