NOT LISTED FOR SALE

3116 Silver Palm Dr Edgewater, FL 32141

Florida Shores Neighborhood

Estimated Value: $307,000 - $329,000

4 Beds
2 Baths
1,697 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $310,000 $183 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,123/month

82 Days on Market

Highlights

  • 12 Feet of Waterfront
  • Fishing
  • Main Floor Primary Bedroom
  • Parking available for a boat
  • Open Floorplan
  • Sun or Florida Room

About This Home

As of October 2022

No flooding or damage of any kind from Hurricane Ian!! Only lost power for an hour!! The house sits in a peaceful back corner of Florida Shores and has a private rear view. Flowing canal in rear is home to fish, turtles, and birds. Only 10 miles to the fabulous New Smyrna Beach! Close to Orlando Airport, Disney theme parks, and Kennedy Space Center. Several miles from the Indian River lagoon and world-renowned salt and fresh water fishing!!. Great schools and very friendly community! Everything is updated and freshly painted inside and out! Some highlights include matching stainlesssteel refrigerator, stove, microwave, dishwasher and sink. Epoxied concrete countertops.
Samsung washer/Dryer! Gorgeous lifetime warranted Pergo flooring throughout bedrooms and living areas. Beautiful tile work in sunroom, bathrooms, and rear office/bedroom. Skylight in the main bathroom and oversized windows throughout the house create great lighting and the home is protected with Lifetime architectural shingles. The house sits on an elevated area and has never experienced any flooding or damage from storms. A completely fenced in backyard is great for pets and children. There’s room to park a boat or trailer on either side of the house. There is a large 18x12 outbuilding that is wired with lighting and plenty of receptacles. 350 sq ft attached garage is heated/ cooled and not included in total sq. ft.

Last Agent to Sell the Property

Randal Longo

KEYS REALTY REDEFINED LLC License #3441701 Listed on: 08/04/2022

KEYS REALTY REDEFINED LLC

Last Buyer's Agent

Alise Alvarez

OFFERPAD BROKERAGE FL LLC License #3547532

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,368

Year Built

  • Built in 1983

Lot Details

  • 10,000 Sq Ft Lot
  • 12 Feet of Waterfront
  • Property fronts a freshwater canal
  • East Facing Home
  • Vinyl Fence
  • Wood Fence
  • Property is zoned 07R-2B

Parking

  • 1 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Parking available for a boat
  • Golf Cart Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,697 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Non-Wood Burning Fireplace
  • Gas Fireplace
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage Room
  • Inside Utility
  • Attic Ventilator

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Laminate
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Florida Shores 01 Subdivision

Recreation

  • Community Playground
  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,368

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1697
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 10000
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4543924?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4543924?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.88825
  • Price per Sq Ft: 182.68
  • Close to Original List Price Ratio: 0.78481
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Non Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Laminate, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic Ventilator, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Skylight(s), Solid Surface Counters, Thermostat
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Room Count: 5
  • Additional Rooms: Florida Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Direction Faces: East
  • Exterior Features: Fenced, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12127C0685J
  • Waterfront Frontage: 12
  • Water Frontage Feet Canal Fresh: 12

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Boat, Driveway, Garage Door Opener, Golf Cart Parking, Off Street, Tandem
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Connected, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric, Propane
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Irrigation-Reclaimed Water, Park, Playground
  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: 07R-2B
  • Parcel Number: 02-18-34-01-14-7840
  • Additional Parcels: No
  • Fencing: Vinyl, Wood
  • Flood Zone Code: X
  • Flood Zone Date: 2017-09-29
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 3368
  • Tax Block: 475
  • Tax Book Number: MB23-57
  • Tax Lot: 14784

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 27, 2022
Sold by
Burk Larry
Bought by
Morris Cheryl A
Seller's Agent
Randal Longo
KEYS REALTY REDEFINED LLC
Buyer's Agent
Alise Alvarez
OFFERPAD BROKERAGE FL LLC
List Price
$360,000
Sold Price
$310,000
Premium/Discount to List
-$50,000
-13.89%
Views
19
Current Estimated Value
$317,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,925
Avg. Annual Appreciation
0.79%

Purchase Details

Listed on
May 17, 2017
Closed on
Jul 14, 2017
Sold by
Us Bank Na
Bought by
Burk Larry
Seller's Agent
Jennifer Clark
GLORY INTL. REAL ESTATE CO
Buyer's Agent
Alex Herrera
GLORY INTL. REAL ESTATE CO
List Price
$104,900
Sold Price
$97,000
Premium/Discount to List
-$7,900
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.67%

Purchase Details

Closed on
Feb 13, 2017
Sold by
Kenyon Jody
Bought by
Us Bank Na

Purchase Details

Closed on
Apr 9, 2011
Sold by
Skaggs Jeffrey
Bought by
Kenyon Jody

Purchase Details

Closed on
May 20, 2005
Sold by
Wesseldine Thomas R and Wesseldine Michele L
Bought by
Skaggs Jeff and Skaggs Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,350
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1996
Sold by
Fisher Wayne S and Fisher Lynne R
Bought by
Wesseldine Ii Thomas R and Wesseldine Michele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,100
Interest Rate
6.97%

Purchase Details

Closed on
Dec 15, 1989
Bought by
Kenyon Jody

Purchase Details

Closed on
May 15, 1985
Bought by
Kenyon Jody

Purchase Details

Closed on
Jun 15, 1982
Bought by
Kenyon Jody

Purchase Details

Closed on
Aug 15, 1979
Bought by
Kenyon Jody
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morris Cheryl A $310,000 Saint Lawrence Title
Burk Larry $97,000 Bay Natl Title Co
Us Bank Na -- None Available
Kenyon Jody -- None Available
Skaggs Jeff $173,000 Fidelity Natl Title Ins Co
Wesseldine Ii Thomas R $62,000 --
Kenyon Jody $56,000 --
Kenyon Jody $46,000 --
Kenyon Jody $3,000 --
Kenyon Jody $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skaggs Jeff $164,350
Previous Owner Wesseldine Ii Thomas R $60,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2022 10/28/22 Sold $310,000 -11.2% $183 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/19/2022 10/19/22 Price Changed $349,000 -3.1% $206 / Sq Ft
10/01/2022 10/01/22 For Sale $360,000 0.0% $212 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/05/2022 09/05/22 Price Changed $360,000 -4.0% $212 / Sq Ft
08/21/2022 08/21/22 Price Changed $375,000 -5.1% $221 / Sq Ft
08/04/2022 08/04/22 For Sale $395,000 +307.2% $233 / Sq Ft
12/17/2017 12/17/17 Off Market $97,000 -- --
07/21/2017 07/21/17 Sold $97,000 -7.5% $80 / Sq Ft View Prior Sale
06/16/2017 06/16/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $104,900 -- $87 / 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
2026 $5,530 $303,747 $54,000 $249,747
2025 $5,530 $303,747 $54,000 $249,747
2024 $5,614 $300,012 $49,600 $250,412
2023 $5,614 $295,189 $34,000 $261,189
2022 $3,635 $206,014 $29,600 $176,414
2021 $3,368 $163,910 $22,000 $141,910
2020 $3,079 $149,610 $16,800 $132,810
2019 $2,892 $135,929 $13,600 $122,329
2018 $2,736 $126,074 $12,400 $113,674
2017 $2,535 $116,265 $11,200 $105,065
2016 $2,414 $101,200 $0 $0
2015 $2,302 $94,101 $0 $0
2014 $787 $72,885 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Randal Longo

    KEYS REALTY REDEFINED LLC

    (843) 737-6347

    1 in this area

    609 Total Sales

    Randal Longo
    Section Image

  • A

    Buyer's Agent in 2022

    Alise Alvarez

    OFFERPAD BROKERAGE FL LLC

    Alise Alvarez
    Section Image
  • Jennifer Clark

    Seller's Agent in 2017

    Jennifer Clark

    GLORY INTL. REAL ESTATE CO

    (386) 775-7778

    11 in this area

    201 Total Sales

    Jennifer Clark
    Section Image

  • A

    Buyer's Agent in 2017

    Alex Herrera

    GLORY INTL. REAL ESTATE CO

    (386) 775-7778

    11 Total Sales

    Alex Herrera
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4543924

Stellar MLS

APN: 8402-01-14-7840

Florida Volusia County Edgewater 32141 Florida Shores

3116 Silver Palm Dr, Edgewater, FL

Not Listed for Sale

Detached

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