$106,050
SOLD DEC 23, 2015

40 Lema Ln Palm Coast, FL 32137

3 Beds
2 Baths
1,444 Sq Ft
9,900 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

14% Below List Price

22 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 2 Car Garage
  • Indian Trails Middle School Rated A-
  • Central Heating and Cooling System
  • West Facing Home

About This Home

As of April 2016

3/2/2 block home in desirable Matanzas Woods. Located in Palm Coast but convenient to St. Augustine for commuters. Fully fenced back yard backs up to a wooded area. Buyer to verify all info important to purchase. Seller & listing broker have no prior knowledge of property.

Last Agent to Sell the Property

Troy Rowan

ROWAN REALTY License #3017809 Listed on: 11/19/2015

Last Buyer's Agent

Steve Thomas

TRADEMARK REALTY GROUP LLC License #3031979

TRADEMARK REALTY GROUP LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,002

Year Built

  • Built in 1997

Lot Details

  • 9,900 Sq Ft Lot
  • West Facing Home
  • Property is zoned SFR-3

Parking

  • 2 Car Garage

Home Design

  • Split Level Home
  • Fixer Upper
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,444 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Matanzas Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-11-31-7037-01500-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,002

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 1444
  • Lot Size Acres: 0.23
  • Year Built: 1997
  • Lot Size Sq Ft: 9900
  • Directions to Property: Matanzas Woods Pkwy, right on Londonderry, left on London, right on Lee, left on Lema.
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.8622
  • Price per Sq Ft: 73.44
  • Close to Original List Price Ratio: 0.8622
  • View: No
  • Tax Year: 2014
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Appliances Included: Dishwasher, Microwave, Range
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Stories: 1
  • Street Number Modifier: 40
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: None
  • Road Surface Type: Paved

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Complex Community Name NCCB: MATANZAS WOODS

Lot Info

  • Zoning: SFR-3
  • Parcel Number: 07-11-31-7037-01500-0040
  • Price Per Acre: 461087
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Apr 15, 2016
Sold by
Fairchild Glenn
Bought by
Dowell Regina Jo
Seller's Agent
Steve Thomas
Trademark Realty Group LLC
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$333,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,451
Avg. Annual Appreciation
8.51%
Original Mortgage
$152,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2015
Closed on
Dec 15, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Fairchild Glenn
Seller's Agent
Troy Rowan
ROWAN REALTY
Buyer's Agent
Steve Thomas
TRADEMARK REALTY GROUP LLC
List Price
$122,999
Sold Price
$106,050
Premium/Discount to List
-$16,949
-13.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
276.84%

Purchase Details

Closed on
Jul 21, 2015
Sold by
Curado Carlos A and Dunn Minnie
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Oct 6, 2004
Sold by
Perkins Christopher and Perkins Suhartini
Bought by
Curado Carlos A and Dunn Minnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 1999
Sold by
Miller Loy Milton and Miller Mary Sue
Bought by
Perkins Christopher and Perkins Suhartini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,519
Interest Rate
7.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 1997
Sold by
Pearson Raymond P
Bought by
Seagate Homes Inc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $160,000 Title Chain Inc
Special Warranty Deed $106,100 Lenderlive Settlement Servic
Trustee Deed -- None Available
Warranty Deed $167,500 Coast Title Ins Agency Inc
Warranty Deed $89,000 --
Warranty Deed $5,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Closed $152,000 New Conventional
Previous Owner $57,000 Credit Line Revolving
Previous Owner $40,000 Credit Line Revolving
Previous Owner $134,000 New Conventional
Previous Owner $16,750 Credit Line Revolving
Previous Owner $130,000 New Conventional
Previous Owner $15,700 New Conventional
Previous Owner $88,519 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $160,000 0.0% $111 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $160,000 +50.9% $111 / Sq Ft
12/23/2015 12/23/15 Sold $106,050 -13.8% $73 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $122,999 -- $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
2024 $1,736 $140,521 -- --
2023 $1,736 $136,428 $0 $0
2022 $1,708 $132,454 $0 $0
2021 $1,677 $128,596 $0 $0
2020 $1,670 $126,821 $0 $0
2019 $1,635 $123,970 $0 $0
2018 $1,620 $121,658 $14,500 $107,158
2017 $2,342 $114,868 $12,000 $102,868
2016 $2,140 $104,967 $0 $0
2015 $2,031 $98,898 $0 $0
2014 $2,002 $96,164 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC217165

Stellar MLS

APN: 07-11-31-7037-01500-0040