NOT LISTED FOR SALE

316 S Frankfort Ave Deland, FL 32724

Estimated Value: $185,000 - $263,000

2 Beds
1 Bath
780 Sq Ft
$277/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $125,000 $160 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,447/month

39 Days on Market

Highlights

  • Wood Flooring
  • Family Room Off Kitchen
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Front Porch
  • Patio

About This Home

As of January 2023

GREAT RENTAL INCOME PROPERTY. CASH ONLY, NO INSPECTION PERIOD. Property is functional/Rented for $1300 stating 01/2023. MOTIVATED SELLER, 2 BEDROOM, 1 BATH, HOME SITS ON A LARGE LOT 38 FRONT 141 DEPTH, METAL ROOF, FRONT PORCH OF 72 SQFT, TOTAL BUILDING AREA 852, GREAT INVESTMENT PROPERTY. THE PROPERTY HAS BEEN RENTED FOR OVER 3 YEARS WITH GREAT TENANTS THAT LIKE TO STAY WITH THE NEW OWNERS. THE PROPERTY IS ABOUT $80,000 UNDER MARKET VALUE due to due renovations that can be done little by little. LOCATED IN A GREAT FAMILY LOCATION NEAR THE SHOPPING CENTER AND CONVENIENCE STORES. CALL ME TO SET UP AN SHOWING.

Last Agent to Sell the Property

Rafael Montero

PARTNERSHIP REALTY INC. License #3302913 Listed on: 11/18/2022

PARTNERSHIP REALTY INC.

Last Buyer's Agent

Quantis Woulard

COMPASS FLORIDA, LLC License #3534604

COMPASS FLORIDA, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,725

Year Built

  • Built in 1940

Lot Details

  • 5,358 Sq Ft Lot
  • East Facing Home
  • Chain Link Fence
  • Property is zoned 999

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 780 Sq Ft Home
  • Ceiling Fan
  • Family Room Off Kitchen
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Blue Lake Elementary School
  • Deland Middle School
  • Deland High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Blecks Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,725

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding
  • Fireplace: No
  • Living Area: 780
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1940
  • Building Area Total: 780
  • Lot Size Sq Ft: 5358
  • Directions to Property: FROM DOWNTOWN DELAND TO VOORHIS MAKE A LEFT. RIGHT ON FRANKFORT. HOME ON THE LEFT.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5077255?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5077255?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 15
  • Ratio: Close Price\List Price: 0.95493
  • Price per Sq Ft: 160.26
  • Close to Original List Price Ratio: 0.77882
  • Ratio: Current Price\Building Area Total: 160.26
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl, Hardwood
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Thermostat
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 316
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Fenced
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Patio
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12127C0470H
  • Disclosures: None

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Street Lights, Water Available
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Blue Lake Elem
  • High School: Deland High
  • Middle Or Junior School: Deland Middle

Lot Info

  • Zoning: 999
  • Parcel Number: 70-16-15-03-01-0000
  • Additional Parcels: No
  • Fencing: Chain Link
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2014-02-19
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 1300
  • Month To Month Or Weekly Y N: Yes

Tax Info

  • Tax Annual Amount: 1725
  • Tax Block: C
  • Tax Book Number: 0005/0157
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Mpcp Llc Le
Bought by
Brown Maritza and Brown Melissa Pineda
Current Estimated Value
$215,772

Purchase Details

Closed on
Aug 2, 2022
Sold by
Elite Investments Group Dr Llc
Bought by
Mpcp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,230
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 2, 2021
Sold by
Adams And Associates Re Investment Llc
Bought by
Elite Investments Group Dr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,250
Interest Rate
2.18%

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jul 28, 2020
Sold by
Hi Cleaning Services Llc
Bought by
Elite Investments Group Dr Llc
Seller's Agent
Carlos Ring
Oceans Luxury Realty Full Service LLC
Buyer's Agent
Carlos Ring
Oceans Luxury Realty Inc
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.60%
Original Mortgage
$111,750
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jul 8, 2020
Sold by
Protected Property Llc
Bought by
H1 Cleaning Services Llc
Seller's Agent
Carlos Ring
Oceans Luxury Realty Full Service LLC
Buyer's Agent
Carlos Ring
Oceans Luxury Realty Inc
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,750
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2019
Sold by
Hammond Carol
Bought by
Protected Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,450
Interest Rate
3.5%
Mortgage Type
Construction
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
Brown Maritza $232,000 None Listed On Document
Mpcp Llc $160,000 New Title Company Name
Elite Investments Group Dr Llc -- Tca Title Llc
Elite Investments Group Dr Llc $92,900 Tca Title Llc
H1 Cleaning Services Llc $80,000 Attorney
Protected Property Llc $8,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mpcp Llc $206,230
Previous Owner Elite Investments Group Dr Llc $143,250
Previous Owner Elite Investments Group Dr Llc $143,250
Previous Owner Elite Investments Group Dr Llc $111,750
Previous Owner Protected Property Llc $53,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $125,000 -4.5% $160 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/13/2022 12/13/22 Price Changed $130,900 -18.4% $168 / Sq Ft
12/13/2022 12/13/22 For Sale $160,500 0.0% $206 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $160,500 +100.6% $206 / Sq Ft
07/11/2020 07/11/20 Sold $80,000 0.0% $85 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $80,000 -- $85 / 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 $3,254 $189,286 $29,745 $159,541
2024 $3,254 $171,787 $22,230 $149,557
2023 $3,254 $173,533 $18,160 $155,373
2022 $2,765 $144,858 $16,594 $128,264
2021 $2,492 $121,305 $11,272 $110,033
2020 $1,150 $55,810 $6,605 $49,205
2019 $2,457 $132,844 $9,818 $123,026
2018 $2,327 $120,762 $7,140 $113,622
2017 $2,101 $95,872 $5,778 $90,094
2016 $1,835 $79,889 $0 $0
2015 $245 $53,397 $0 $0
2014 $252 $52,973 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S5077255

Stellar MLS

APN: 7016-15-03-0070