NOT LISTED FOR SALE

38 Palmetto Dr Ormond Beach, FL 32176

Estimated Value: $306,000 - $328,000

2 Beds
2 Baths
940 Sq Ft
$338/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $357,000 $380 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $2,034/month

54 Days on Market

Highlights

  • Furnished
  • Mature Landscaping
  • 1 Car Attached Garage
  • No HOA
  • Shades
  • Bungalow

About This Home

As of January 2024

This fully furnished charming 2 Bedroom, 2 Bathroom beach bungalow is just a short 8 min walk to public beach access; so close you can hear the sound of the waves crashing on the beach. Walking distance to Publix, shops, bars and restaurants.

Stainless steel appliances, granite countertops and tile throughout; inside laundry with new Samsung wash tower; 2 full bathrooms; outdoor solar shower, and outdoor foot wash station to rinse the sand off when you come back from the beach.

New roof in 2021; hot water heater and AC both less than 1 year old; irrigation system updated in 2023; newly sodded yard and landscaping; all new plumbing from the water meter to the house, and newly installed water hydrant for easy access to the front yard or backyard. Additional boat or trailer parking out of view from the street.

Last Agent to Sell the Property

Randall Wolber

SIMPLE FEE LISTINGS LLC License #3541266 Listed on: 10/27/2023

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,196

Year Built

  • Built in 1954

Lot Details

  • 7,006 Sq Ft Lot
  • Northeast Facing Home
  • Wood Fence
  • Mature Landscaping
  • Well Sprinkler System
  • Property is zoned 01R4

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 940 Sq Ft Home
  • Furnished
  • Shades
  • Blinds
  • Drapes & Rods
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • 1 Water Well
  • Electric Water Heater
  • 1 Septic Tank

Community Details

  • No Home Owners Association
  • Ormond By Sea 07 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,196

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 940
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1954
  • Building Area Total: 1251
  • Lot Size Sq Ft: 7006
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 116.22
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 379.79
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds, Drapes, Shades, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 87.33

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12127C0208K

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Sprinkler Well, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: 01R4
  • Parcel Number: 42-03-14-00-1570
  • Additional Parcels: No
  • Fencing: Wood
  • Flood Zone Code: X

Rental Info

  • Furnished: Furnished
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Contact Local municipality for lease restrictions.

Tax Info

  • Tax Annual Amount: 4196
  • Tax Block: 00
  • Tax Book Number: 23-23
  • Tax Lot: 157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Jan 9, 2024
Sold by
Beatty Donald O and Beatty Angela Christine
Bought by
Cavinee Joseph M and Cavinee Patricia S
Seller's Agent
Randall Wolber
SIMPLE FEE LISTINGS LLC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$379,000
Sold Price
$357,000
Premium/Discount to List
-$22,000
-5.8%
Views
87
Current Estimated Value
$301,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,330
Avg. Annual Appreciation
-5.78%

Purchase Details

Closed on
Apr 17, 2020
Sold by
Talton Gerald
Bought by
Beatty Donald O and Beatty Angela Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2012
Closed on
May 29, 2013
Sold by
Lauro James
Bought by
Talton Gerald
Seller's Agent
Alice Ponte
Century 21 Sundance Realty
Buyer's Agent
Debbie Morreale
1st Florida Realty LLC
List Price
$86,150
Sold Price
$86,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%

Purchase Details

Closed on
Apr 6, 2007
Sold by
Gokey William F and Gokey Karen Lee
Bought by
Lauro James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,800
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2000
Sold by
Abbott Jonathan D and Abbott Jill E
Bought by
Gokey William F and Gokey Karen Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2000
Sold by
Bk At Ormond By Sea
Bought by
Abbott Jonathan D and Abbott Jill E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
8.3%

Purchase Details

Closed on
May 25, 2000
Sold by
Marks Charles V and Marks Paula R
Bought by
Bk At Ormond By Sea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
8.3%

Purchase Details

Closed on
Jun 15, 1990
Bought by
Talton Gerald

Purchase Details

Closed on
Jan 15, 1989
Bought by
Talton Gerald

Purchase Details

Closed on
Apr 15, 1988
Bought by
Talton Gerald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cavinee Joseph M $357,000 Southern Title
Beatty Donald O $185,000 Southern Title Hldg Co Llc
Talton Gerald $86,150 Southern Title Holding Compa
Lauro James $162,000 Professional Title Agency In
Gokey William F $77,000 --
Abbott Jonathan D $52,000 --
Bk At Ormond By Sea $46,600 --
Talton Gerald $57,000 --
Talton Gerald $2,000 --
Talton Gerald $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beatty Donald O $148,000
Previous Owner Lauro James $145,800
Previous Owner Gokey William F $61,600
Previous Owner Abbott Jonathan D $41,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2024 01/10/24 Sold $357,000 -3.3% $380 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
11/14/2023 11/14/23 Price Changed $369,000 -2.6% $393 / Sq Ft
10/27/2023 10/27/23 For Sale $379,000 +339.9% $403 / Sq Ft
05/29/2013 05/29/13 Sold $86,150 0.0% $92 / Sq Ft View Prior Sale
05/21/2013 05/21/13 Pending -- -- --
06/14/2012 06/14/12 For Sale $86,150 -- $92 / 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 $5,375 $286,740 $119,133 $167,607
2024 $3,051 $290,799 $119,133 $171,666
2023 $3,051 $192,044 $0 $0
2022 $4,196 $240,179 $87,885 $152,294
2021 $3,862 $179,921 $61,845 $118,076
2020 $3,308 $152,570 $61,845 $90,725
2019 $3,138 $147,639 $61,845 $85,794
2018 $2,938 $138,484 $51,429 $87,055
2017 $2,776 $129,482 $49,974 $79,508
2016 $2,519 $104,484 $0 $0
2015 $2,420 $99,404 $0 $0
2014 $2,165 $85,488 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: W7859216

Stellar MLS

APN: 4203-14-00-1570