NOT LISTED FOR SALE

3200 W State Road 40 Ormond Beach, FL 32174

Estimated Value: $502,000 - $752,000

3 Beds
1.5 Baths
1,568 Sq Ft
$375/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $530,000 $338 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,763/month

43 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Screened Porch
  • Pathways Elementary School Rated 9+
  • No HOA
  • Fireplace

About This Home

As of February 2023

Unique opportunity, brick home on 9 acres, in area of desirable horse ranches. Rustic charming 70's style, fixer upper, needs TLC updating. Wooded setting ideally situated on SR-40 for a new type Barn-dominium addition or perhaps a one of a kind Farm Wedding Venue on the serene back acreage. Property being Sold ''as is.'' Seller will hold financing with 10% down for a qualified buyer. Owner is Licensed Florida Real Estate Broker. Located directly opposite Beth Judah Synagogue on SR-40, 5.5 miles West of I-95.

Last Agent to Sell the Property

Shirley Gay

S C Realty License #0457226 Listed on: 11/27/2022

Last Buyer's Agent

Shirley Gay

S C Realty License #0457226

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,545

Year Built

  • Built in 1971

Lot Details

  • 9 Acre Lot
  • North Facing Home
  • Fenced
  • Wooded Lot

Parking

  • Additional Parking

Home Design

  • Ranch Style House
  • Fixer Upper
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 1,568 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Living Room
  • Screened Porch
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heat Pump System
  • Agricultural Well Water Source
  • Well
  • Septic Tank

Additional Features

  • Screened Patio
  • Agricultural

Community Details

  • No Home Owners Association
  • Rima Ridge Ranchettes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4130-00-00-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,545

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 9.0
  • Lot Size: 9 acres
  • Road Surface Type: Paved
  • Subdivision Name: Rima Ridge Ranchettes
  • Directions: West on Granada, approx. 5.5 miles past I-95, Take left U-turn past Beth Judah Synagogue, third driveway on right.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1971
  • Reso Property Type: Residential
  • Reso Room Type: LivingRoom
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • General Property Information Lot Size Acres: 9.0
  • General Property Information Lot Size Dimensions: 9 acres
  • General Property Information Direction Faces: North
  • General Property Information Homestead YN: No
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 4130-00-00-0040
  • Location Tax and Legal:Tax Annual Amount: 6545.0
  • Location Tax and Legal:Tax Year: 2021
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Road Surface Type:Paved: Yes
  • Location Tax and Legal Zoning Description: Single Family
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • Flooring Laminate: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Living Room: Yes
  • Room Types Living Room Level: M
  • Room Types Other Room: Yes
  • Room Types Bedroom 3 Level: M
  • Architectural Style Ranch: Yes
  • Lot Features Agricultural2: Yes
  • Water Source:Well: Yes
  • Room Types Family Room: Yes
  • Room Types Family Room Level: M
  • Property Condition:Fixer: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Dishwasher
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1568.0
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Agricultural, Wooded
  • Construction Type: Brick
  • Direction Faces: North
  • Patio And Porch Features: Front Porch, Porch, Rear Porch, Screened
  • Property Condition: Fixer
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking
  • Parking Features:Additional Parking: Yes

Utilities

  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating:Heat Pump: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Horses
  • Lot Size Sq Ft: 392040.0
  • Parcel #: 4130-00-00-0040
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6545.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2022
Closed on
Feb 1, 2023
Sold by
Gay Donald L
Bought by
Dukes Michael S and Rossi Catrina
Seller's Agent
Shirley Gay
S C Realty
Buyer's Agent
Shirley Gay
S C Realty
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$587,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,358
Avg. Annual Appreciation
3.89%
Original Mortgage
$470,000
Outstanding Balance
$436,943
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$150,415

Purchase Details

Closed on
Apr 15, 2002
Sold by
Gay Donald L
Bought by
State Fl Dept Transportation

Purchase Details

Closed on
Sep 15, 1980
Bought by
Gay Donald L

Purchase Details

Closed on
May 15, 1970
Bought by
Gay Donald L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dukes Michael S $530,000 Waterside Title
State Fl Dept Transportation -- --
Gay Donald L $90,000 --
Gay Donald L $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dukes Michael S $470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2023 02/01/23 Sold $530,000 0.0% $338 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
11/27/2022 11/27/22 For Sale $530,000 -- $338 / 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
2025 $7,786 $481,470 $325,125 $156,345
2024 $7,786 $482,457 $325,125 $157,332
2023 $7,786 $458,444 $298,350 $160,094
2022 $7,465 $484,769 $351,000 $133,769
2021 $6,545 $318,232 $193,500 $124,732
2020 $6,414 $326,613 $202,500 $124,113
2019 $5,872 $283,016 $175,500 $107,516
2018 $5,667 $294,714 $173,700 $121,014
2017 $5,088 $232,602 $103,050 $129,552
2016 $4,763 $208,585 $0 $0
2015 $5,094 $216,936 $0 $0
2014 $4,651 $203,308 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1103334

Daytona Beach Area Association of REALTORS®

APN: 4130-00-00-0040