NOT LISTED FOR SALE

3120 W State Road 40 Ormond Beach, FL 32174

Estimated Value: $1,202,000 - $1,508,000

6 Beds
4 Baths
4,612 Sq Ft
$300/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $1,455,293 $316 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,624/month

36 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • RV Access or Parking
  • Docks
  • Home fronts a pond
  • Deck

About This Home

As of January 2024

ACREAGE DREAM HOME! Nestled on an expansive 10-acre lot, this extraordinary home offers a unique blend of luxury, privacy, and convenience. Imagine waking up to the serene beauty of your own private airplane runway, certified for your aviation adventures. Situated just a stone's throw from town, this property seamlessly combines accessibility with a secluded atmosphere. As you drive through the picturesque landscape, you'll be greeted by a detached barn/workshop that spans over 5000 square feet. Boasting three spacious bays with 14-foot doors, this versatile space is perfect for housing your boats, tinkering with your hobbies, or storing your prized possessions. The icing on the cake? An unfinished garage living quarters, offering endless potential for customization. The elegance of this property continues as you approach the main residence. With an additional attached 2-car garage, you'll never run out of space for your vehicles or toys. Step onto the back patio, and you'll be captivated by the breathtaking views of the lake that you partially own. A floating dock beckons, inviting you to unwind by the water's edge. Embrace the outdoor lifestyle in your dream entertaining space, featuring an inviting inground swimming pool, summer kitchen and a convenient pool bath ensures that every moment is pure enjoyment. Stepping inside, you'll be greeted by an open floor plan that exudes warmth and comfort. A woodburning fireplace sets the tone for cozy evenings, while the stunning chef's kitchen steals the spotlight. Adorned with stainless steel appliances, a generous center island, granite countertops, and a gas stove, this kitchen is a culinary enthusiast's haven. Plantation shutters grace the windows, allowing you to control natural light and maintain an air of elegance. The master suite, conveniently located on the lower level, offers a private retreat. The master bath boasts awe-inspiring water views, ensuring that every morning begins on a serene note. An additional bedroom, which could easily serve as an office, completes the downstairs layout. Engineered hardwood floors pave the way through the main living areas, enhancing the timeless charm of the home. Journey upstairs to discover four more bedrooms, ensuring ample space for family and guests. A full bath caters to the needs of the upper level, providing comfort and convenience. This home isn't just a property; it's an embodiment of a luxurious lifestyle, a sanctuary where your aviation dreams take flight, and your everyday reality transforms into a never-ending vacation. Experience the allure of privacy, the joy of community, and the thrill of endless possibilities in this remarkable home. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.

Last Agent to Sell the Property

Bill Navarra

Realty Pros Assured License #0663270 Listed on: 08/14/2023

Realty Pros Assured

Last Buyer's Agent

Jeff Wright

Adams, Cameron & Co., Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,357

Year Built

  • Built in 1981

Lot Details

  • 9.8 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Dirt Road

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Property Views

  • Lake
  • Pond

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 4,612 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Dining Room
  • Tile Flooring

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Spa Bath

Eco-Friendly Details

  • Smart Irrigation

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Agricultural Well Water Source
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rima Ridge Ranchettes Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 4130-00-00-0011

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,357

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 9.8
  • Lot Size: 10 Acres
  • Road Surface Type: Dirt, Gravel
  • Subdivision Name: Rima Ridge Ranchettes
  • Directions: Head West on St. Rd. 40, down 5 miles, make u turn at appaloosa ln and house on the left.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1981
  • Reso Property Type: Residential
  • Reso Room Type: DiningRoom
  • Reso Room Type: FamilyRoom
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • General Property Information Lot Size Acres: 9.8
  • General Property Information Lot Size Dimensions: 10 Acres
  • General Property Information Homestead YN: Yes
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 4130-00-00-0011
  • Location Tax and Legal:Tax Annual Amount: 7357.0
  • Location Tax and Legal:Tax Year: 2022
  • Cooling:Central Air: Yes
  • Flooring:Tile: Yes
  • Pool Features In Ground2: Yes
  • ViewPond: Yes
  • Architectural Style Traditional: Yes
  • Pets Allowed:Yes: Yes
  • Levels:Two: Yes
  • Smart Home Features Irrigation: Yes
  • Pets Allowed Cats OK: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room: Yes
  • Pool Features:Private: Yes
  • Room Types Other Room: Yes
  • Other Structures:Workshop: Yes
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room Level: M
  • Road Surface Type:Dirt: Yes
  • Road Surface Type:Gravel: Yes
  • Water Source:Well: Yes
  • Room Types Family Room: Yes
  • Pool Features Salt Water: Yes
  • Room Types Family Room Level: M
  • Room Types Bedroom 4 Level: M
  • Special Features: VirtualTour

Interior Features

  • Spa Features: Bath
  • Appliances: Refrigerator, Microwave, Gas Cooktop, Electric Cooktop, Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Tile, Other
  • Interior Amenities: Ceiling Fan(s), Split Bedrooms
  • Living Area: 4612.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Gas Cooktop: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Ceiling Fans: Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Pool Features: Private, In Ground, Salt Water
  • View: Lake, Pond
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Exterior Features: Dock
  • Other Structures: Workshop
  • Patio And Porch Features: Deck, Front Porch, Patio, Rear Porch
  • Roof: Shingle
  • View:Lake: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Exterior Features:Dock: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, RV Access/Parking
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Cats OK, Yes

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Horses
  • Lot Size Sq Ft: 426888.0
  • Parcel #: 4130-00-00-0011
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7357.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Jan 2, 2024
Sold by
Squillacote Steven and Squillacote Elizabeth
Bought by
Snow Mickey Dale
Seller's Agent
Bill Navarra
Realty Pros Assured
Buyer's Agent
Jeff Wright
Adams, Cameron & Co., Realtors
List Price
$1,455,293
Sold Price
$1,455,293
Current Estimated Value
$1,385,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,698
Avg. Annual Appreciation
-2.42%

Purchase Details

Closed on
Jan 27, 2003
Sold by
1St Fl Farm Inc
Bought by
Squillacote Steven and Squillacote Elizabeth

Purchase Details

Closed on
Dec 3, 1998
Sold by
Rice Daniel L and Rice Connie L
Bought by
1St Fl Farm Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.84%

Purchase Details

Closed on
Sep 15, 1980
Bought by
Squillacote Steven and Squillacote Elizabeth

Purchase Details

Closed on
Nov 15, 1968
Bought by
Squillacote Steven and Squillacote Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Snow Mickey Dale $1,455,293 Realty Pro Title
Snow Mickey Dale $1,455,293 Realty Pro Title
Squillacote Steven $315,000 --
1St Fl Farm Inc $300,000 --
Squillacote Steven $103,000 --
Squillacote Steven $7,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1St Fl Farm Inc $170,000
Closed Squillacote Steven $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2024 01/02/24 Sold $1,455,293 0.0% $316 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $1,455,293 -- $316 / 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 $16,363 $966,026 -- --
2025 $16,363 $966,026 $374,850 $865,160
2024 $7,456 $474,034 -- --
2023 $7,456 $439,919 $0 $0
2022 $7,357 $427,106 $0 $0
2021 $7,596 $414,666 $0 $0
2020 $6,918 $380,047 $0 $0
2019 $6,862 $371,502 $0 $0
2018 $6,813 $364,575 $0 $0
2017 $6,850 $357,076 $0 $0
2016 $6,901 $349,732 $0 $0
2015 $7,089 $347,301 $0 $0
2014 $6,958 $344,545 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1112704

Daytona Beach Area Association of REALTORS®

APN: 4130-00-00-0011