$160,000
SOLD APR 15, 2016

40 Lema Ln Palm Coast, FL 32137

3 Beds
2 Baths
1,444 Sq Ft
10,106 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

3 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Fireplace
  • Indian Trails Middle School Rated A-
  • Screened Porch
  • Screened Patio

About This Home

As of April 2016

LOCATION, LOCATION, LOCATION, Beautiful Seagate 3 Bedroom 2 Bath split plan home with fireplace. Located in premier Indian Trails neighborhood of single family homes ( near future Golf Course). Freshly painted inside and out, with plant shelves and new sliding doors(to be installed)leading to enclosed Florida Room. Two skylights for natural lighting. 100% tile or laminate flooring throughout. Kitchen features new stainless steel appliance, counter tops and an island. The master suite features twin sinks, new counters and a walk in closet. Huge back porch under air adds additional 350 sq. ft of space to bring a total of 1794 sq. ft. Fenced completely in back for privacy with woods behind. The garage has attic storage and a garage door opener.

Last Agent to Sell the Property

Steve Thomas

Trademark Realty Group LLC License #3031979 Listed on: 03/08/2016

Trademark Realty Group LLC

Last Buyer's Agent

Karen Nelson

Nonmember office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 110x92
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Interior Spaces

  • 1,444 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,031

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 110x92
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Directions: Matanzas Woods Pkwy to Lakeview to London to Lee to Lema
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Year Built: 1997
  • Reso Property Type: Residential
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • General Property Information Lot Size Dimensions: 110x92
  • General Property Information Homestead YN: No
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 07-11-31-7037-01500-0040
  • Location Tax and Legal:Tax Annual Amount: 2031.0
  • Location Tax and Legal:Tax Year: 2015
  • Cooling:Central Air: Yes
  • Flooring:Tile: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Zoning Description: Single Family
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • Flooring Laminate: Yes
  • Room Types Bedroom 2 Level: M
  • Architectural Style Ranch: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Disposal
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Split Bedrooms
  • Living Area: 1444.0
  • Appliances:Electric Range: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Fencing: Fenced
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Other
  • Patio And Porch Features: Patio, Screened
  • Roof: Shingle
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Parcel #: 07-11-31-7037-01500-0040
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 2031.0
  • Tax Year: 2015

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: 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
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: Daytona Beach Area Association of REALTORS®

MLS Number: 1013497

Daytona Beach Area Association of REALTORS®

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