NOT LISTED FOR SALE

3422 Silver Palm Dr Edgewater, FL 32141

Florida Shores Neighborhood

Estimated Value: $319,000 - $332,975

3 Beds
2.5 Baths
1,648 Sq Ft
$197/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $159,500 $97 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,921/month

68 Days on Market

Highlights

  • Home fronts a canal
  • Ranch Style House
  • Screened Porch
  • Deck
  • No HOA
  • Fireplace

About This Home

As of December 2016

You will love this large renovated 3/3 on the very last street in Florida Shores w/ only woods behind you for extended privacy on a high 3 lots parcel . This home has a large open floor plan w/ 2 master suites, one with full bath, one with 1/2 bath and extended sitting area. Could make for a nice in-law qtrs. New paint inside and out, large roomy kitchen with new Stainless Steel appliances and breakfast bar, newly renovated baths and 2 car garage too. You will really enjoy the large backyard deck area that extends the length of the home w/ a portion open and a portion screened. Move in ready for family or retirees at an affordable price. This is a lot of home for the money. Seller will contribute $2500 toward Buyer CC.

Last Agent to Sell the Property

Bryan Disbrow

Magnolia Properties License #0521363 Listed on: 08/31/2016

Last Buyer's Agent

Karen Nelson

Nonmember office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions are 120 x 125
  • Home fronts a canal
  • East Facing Home

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,648 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Dining Room
  • Screened Porch
  • Utility Room
  • Canal Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Screened Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Florida Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8402-01-15-4380

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,015

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 120 x 125
  • Road Surface Type: Paved
  • Subdivision Name: Florida Shores
  • Directions: S of 442 on US 1 to Roberts Road, head W to Silver Palm in the backside of Florida Shores. S to 3422 on the right
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1988
  • Reso Property Type: Residential
  • Reso Room Type: Kitchen
  • Reso Room Type: UtilityRoom
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Dimensions: 120 x 125
  • General Property Information Direction Faces: East
  • General Property Information Homestead YN: No
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 8402-01-15-4380
  • Location Tax and Legal:Tax Annual Amount: 1015.0
  • Location Tax and Legal:Tax Year: 2015
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Zoning Description: Single Family
  • Levels:One: Yes
  • ViewCanal: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room: Yes
  • Room Types Living Room: Yes
  • Room Types Living Room Level: M
  • Room Types Other Room: Yes
  • Room Types Utility Room: Yes
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room Level: M
  • Room Types Utility Room Level: M
  • Architectural Style Ranch: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1648.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • View: Canal
  • Waterfront Features: Canal Front
  • Waterfront: Yes
  • Direction Faces: East
  • Patio And Porch Features: Deck, Patio, Porch, Rear Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Deck: Yes
  • Waterfront Features:Canal Front: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Parcel #: 8402-01-15-4380
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 1015.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Dec 13, 2016
Sold by
Merilson Capital Llc
Bought by
Hern Lindsay
Seller's Agent
Bryan Disbrow
Magnolia Properties
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$159,500
Sold Price
$159,500
Current Estimated Value
$324,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,947
Avg. Annual Appreciation
8.15%
Original Mortgage
$156,610
Outstanding Balance
$125,534
Interest Rate
3.54%
Mortgage Type
FHA
Estimated Equity
$198,710

Purchase Details

Closed on
Jul 22, 2016
Sold by
Bank Of New York Mellon Trust Company Na
Bought by
Merilson Capital Llc

Purchase Details

Closed on
May 22, 2005
Sold by
Carlson James
Bought by
Hayman Michael Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2003
Sold by
Turner Eugene Odian and Turner Dana Allen
Bought by
Carlson Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,048
Interest Rate
5.29%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 1988
Bought by
Merilson Capital Llc

Purchase Details

Closed on
Feb 15, 1988
Bought by
Merilson Capital Llc

Purchase Details

Closed on
Oct 15, 1987
Bought by
Merilson Capital Llc

Purchase Details

Closed on
Sep 15, 1987
Bought by
Merilson Capital Llc

Purchase Details

Closed on
Apr 15, 1986
Bought by
Merilson Capital Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hern Lindsay $159,500 Lighthouse Title Of East Flo
Merilson Capital Llc $108,979 Premium Title Services Inc
Hayman Michael Ray $194,000 Associated Land Title Group
Carlson Christopher $132,600 --
Merilson Capital Llc $67,500 --
Merilson Capital Llc $100 --
Merilson Capital Llc $100 --
Merilson Capital Llc $7,500 --
Merilson Capital Llc $100 --
Merilson Capital Llc $3,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hern Lindsay $156,610
Previous Owner Hayman Michael Ray $192,500
Previous Owner Carlson Christopher $121,048
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2016 12/13/16 Sold $159,500 0.0% $97 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $159,500 -- $97 / 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 $2,656 $187,652 -- --
2025 $2,656 $187,652 -- --
2024 $2,580 $182,364 -- --
2023 $2,580 $177,053 $0 $0
2022 $2,516 $171,896 $0 $0
2021 $2,547 $166,889 $0 $0
2020 $2,507 $164,585 $0 $0
2019 $2,511 $160,885 $0 $0
2018 $2,498 $157,885 $18,600 $139,285
2017 $3,236 $143,933 $16,800 $127,133
2016 $1,000 $84,737 $0 $0
2015 $1,015 $84,148 $0 $0
2014 $1,013 $83,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bryan Disbrow

    Magnolia Properties

  • K

    Buyer's Agent in 2016

    Karen Nelson

    Nonmember office

    (386) 677-7131

    262 in this area

    9,023 Total Sales

    Karen Nelson
    Section Image
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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1020122

Daytona Beach Area Association of REALTORS®

APN: 8402-01-15-4380

Florida Volusia County Edgewater 32141 Florida Shores

3422 Silver Palm Dr, Edgewater, FL

Not Listed for Sale

Detached

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