NOT LISTED FOR SALE

Estimated Value: $257,000 - $325,647

2 Beds
2 Baths
2,640 Sq Ft
$108/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $485,000 $184 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $1,803/month

68 Days on Market

Highlights

  • Tile Flooring
  • Central Heating
  • Wood Siding
  • Sliding Doors

About This Home

As of July 2022

Both sides of this duplex are included in this sale. Parcel # 4220-09-00-0351 & 4220-09-00-0350. 2 bedroom 2 baths, 2 car garage with a basement each side! Each side is 1320 living sq ft with a 1320 sq. ft. basement that would make an amazing Man Cave or home office. New roof on building in 2018. 49 Sandpiper has been updated while 47 Sandpiper needs some work. Great rental history. Live on one side, rent the other. Fantastic find in the heart of Ormond Beach.

Last Agent to Sell the Property

Ralph Padgett Jr.

NEW EDGE REALTY License #651525 Listed on: 04/26/2022

Last Buyer's Agent

Ralph Padgett Jr.

NEW EDGE REALTY License #651525 Listed on: 04/26/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 5,358

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Flooring

  • Carpet
  • Laminate
  • Tile

Additional Features

  • Sliding Doors
  • Central Heating

Community Details

  • 2,640 Sq Ft Building
  • Woodlands Ph 03 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4220-09-00-0350

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Construction Materials: Frame, Wood Siding
  • Year Built: 1984
  • Building Area Total: 2640
  • Status: Sold
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Levels: One

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Road Surface Type: Asphalt

Utilities

  • Electric: Other
  • Heating: Central
  • Sewer: Other

Condo/Co-op/Association

  • Development: Woodlands

Lot Info

  • Zoning: R-4
  • Parcel Number: 4220-09-00-0350
  • Lot Features: City Limits

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jul 8, 2022
Sold by
Ralph L Padgett Jr Revocable Trust
Bought by
Tipsy Investments Llc
Seller's Agent
Ralph Padgett Jr.
NEW EDGE REALTY
Buyer's Agent
Ralph Padgett Jr.
NEW EDGE REALTY
List Price
$519,900
Sold Price
$485,000
Premium/Discount to List
-$34,900
-6.71%
Current Estimated Value
$284,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$200,838
Avg. Annual Appreciation
-14.28%
Original Mortgage
$435,000
Outstanding Balance
$413,889
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$129,727

Purchase Details

Closed on
Sep 22, 2021
Sold by
Padgett Ralph L
Bought by
Padgett Ralph L and Padgett Ralph L

Purchase Details

Listed on
Aug 31, 2012
Closed on
Nov 26, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Padgett Ralph L
Seller's Agent
Corey Berman
Menu Realty
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$41,500
Sold Price
$41,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.83%

Purchase Details

Closed on
Apr 10, 2012
Sold by
Bank Of America N A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 8, 2012
Sold by
Tsabari Shai and Niewold Charlotte
Bought by
Bank Of America N A

Purchase Details

Closed on
Oct 8, 2007
Sold by
Ferns Eugene and Ferns Connie
Bought by
Tzabari Shai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2007
Sold by
Medeiros Dorothy and Nesfield Dorothy
Bought by
Ferns Eugene and Ferns Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.16%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 15, 1991
Bought by
Padgett Ralph L

Purchase Details

Closed on
May 15, 1990
Bought by
Padgett Ralph L

Purchase Details

Closed on
Feb 15, 1984
Bought by
Padgett Ralph L

Purchase Details

Closed on
May 15, 1983
Bought by
Padgett Ralph L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tipsy Investments Llc $485,000 Wright & Casey Pa
Padgett Ralph L -- Attorney
Padgett Ralph L $41,500 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Bank Of America N A -- Attorney
Tzabari Shai $180,000 Southern Title Hldg Co Llc
Ferns Eugene -- Investors Title Escrow & Exc
Padgett Ralph L $47,000 --
Padgett Ralph L $100 --
Padgett Ralph L $130,000 --
Padgett Ralph L $88,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tipsy Investments Llc $435,000
Previous Owner Tzabari Shai $144,000
Previous Owner Ferns Eugene $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2022 07/08/22 Sold $485,000 -6.7% $184 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $519,900 +1152.8% $197 / Sq Ft
11/24/2012 11/24/12 Sold $41,500 0.0% $31 / Sq Ft View Prior Sale
11/05/2012 11/05/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $41,500 -- $31 / 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 $3,777 $230,819 $36,000 $194,819
2024 $3,634 $231,122 $36,000 $195,122
2023 $3,634 $222,537 $36,000 $186,537
2022 $2,931 $200,436 $30,000 $170,436
2021 $2,695 $153,821 $22,000 $131,821
2020 $2,503 $148,665 $22,000 $126,665
2019 $2,287 $133,654 $18,000 $115,654
2018 $2,174 $127,605 $15,500 $112,105
2017 $2,070 $116,547 $15,500 $101,047
2016 $1,878 $94,872 $0 $0
2015 $1,777 $86,274 $0 $0
2014 $1,634 $79,156 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1068529

Stellar MLS

APN: 4220-09-00-0350