3200 W State Road 40 Ormond Beach, FL 32174
Estimated Value: $552,000 - $634,000
3
Beds
1.5
Baths
1,568
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- Wooded Lot
- No HOA
- Fireplace
- Ranch Style House
- Screened Porch
- Brick or Stone Mason
About This Home
As of February 2023Unique 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 Listed By
Shirley Gay
S C Realty License #0457226 Listed on: 11/27/2022
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
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
Total Days on Market
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,261
Avg. Annual Appreciation
4.55%
Original Mortgage
$470,000
Outstanding Balance
$443,765
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$143,632
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
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Similar Homes in Ormond Beach, FL
Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Gay Donald L | $57,480 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
-
S
Seller's Agent in 2023
Shirley Gay
S C Realty
Map
Source: Daytona Beach Area Association of REALTORS®
MLS Number: 1103334
APN: 4130-00-00-0040
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