NOT LISTED FOR SALE

5 Wheaton Ln Palm Coast, FL 32164

Estimated Value: $396,000 - $484,472

6 Beds
4 Baths
2,374 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $595,000 $251 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $2,942/month

3 Days on Market

Highlights

  • Under Construction
  • 1 Car Attached Garage
  • Central Air
  • No HOA
  • Crown Molding
  • Ceiling Fan

About This Home

As of October 2022

Under Construction. Newly built multifamily duplex perfect home to have and rent, or your next passive income investment property.great neighborhood perfect for those that don't like to much noise and very nice and helpful neighbors. only half a mile from the nearest gas station. public park and the local pool are just a 3.3-mile drive perfect for a hot day. also only just 2.5 miles from the local superstore.

Last Agent to Sell the Property

Ethan Meister-Barbosa

EXP REALTY LLC License #3546837 Listed on: 08/25/2022

EXP REALTY LLC

Last Buyer's Agent

Jil Fitzgerald

COASTAL REALTY GROUP OF FLORIDA License #3106439

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $365

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.27

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 2,374 Sq Ft Home
  • Crown Molding
  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • 0.27 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Units
  • Built by Blue Crown Construction
  • Palm Coast Sec 23 Subdivision, Duplex Floorplan

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$365

Year Built

Built in 2022 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Condition: Under Construction
  • Property Sub Type: Duplex
  • Construction Materials: Cement Siding
  • Fireplace: No
  • Living Area: 2374
  • Lot Size Acres: 0.27
  • New Construction: Yes
  • Year Built: 2022
  • Lot Size Sq Ft: 11614
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/FC285806?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/FC285806?w=Customer
  • Unit Count: 2
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Projected Completion Date: 2022-09-23T04:00:00.000Z
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 250.63
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Crown Molding
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Number Of Buildings: 1
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: DPX
  • Parcel Number: 07-11-31-7023-00620-0060
  • Additional Parcels: No
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Blue Crown Construction

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 364.83
  • Tax Block: 62
  • Tax Book Number: 270/230
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 7, 2022
Sold by
Joaquim Barbosa Revocable Trust
Bought by
Froonjian Jack
Seller's Agent
Ethan Meister-Barbosa
EXP REALTY LLC
Buyer's Agent
Jil Fitzgerald
COASTAL REALTY GROUP OF FLORIDA
List Price
$595,000
Sold Price
$595,000
Views
51
Current Estimated Value
$447,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$147,176
Avg. Annual Appreciation
-8.37%

Purchase Details

Closed on
Mar 14, 2022
Sold by
Blue Crown Construction Inc
Bought by
Joaquim Barbosa Revocable Trust

Purchase Details

Listed on
Jul 25, 2021
Closed on
Aug 27, 2021
Sold by
Am & Om Resources Llc
Bought by
Blue Crown Construction Inc
Seller's Agent
Antonio Melendez Perez
EAZ REALTY LLC
Buyer's Agent
Antonio Melendez Perez
EAZ REALTY LLC
List Price
$69,900
Sold Price
$56,500
Premium/Discount to List
-$13,400
-19.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.25%

Purchase Details

Listed on
Jul 25, 2021
Closed on
Jul 16, 2021
Sold by
Kreuter Clifford W and Estate Of Judith M Kreuter
Bought by
Am & Om Renvations Llc
Seller's Agent
Antonio Melendez Perez
EAZ REALTY LLC
Buyer's Agent
Antonio Melendez Perez
EAZ REALTY LLC
List Price
$69,900
Sold Price
$56,500
Premium/Discount to List
-$13,400
-19.17%
Source: Public Records
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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
Froonjian Jack $590,000 Blue Ocean Title
Froonjian Jack $590,000 Blue Ocean Title
Joaquim Barbosa Revocable Trust -- None Listed On Document
Blue Crown Construction Inc $56,500 Agents Choice Title Llc
Am & Om Renvations Llc $27,500 Agents Choice Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2022 10/14/22 Sold $595,000 0.0% $251 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $595,000 +953.1% $251 / Sq Ft
08/26/2021 08/26/21 Sold $56,500 -19.2% -- View Prior Sale
08/18/2021 08/18/21 Pending -- -- --
07/25/2021 07/25/21 For Sale $69,900 -- --
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 $7,201 $380,043 $51,500 $328,543
2024 $7,172 $393,040 $44,000 $349,040
2023 $7,172 $387,119 $45,000 $342,119
2022 $866 $45,500 $45,500 $0
2021 $365 $24,000 $24,000 $0
2020 $314 $18,000 $18,000 $0
2019 $294 $17,100 $17,100 $0
2018 $261 $13,775 $13,775 $0
2017 $229 $11,250 $11,250 $0
2016 $220 $10,541 $0 $0
2015 $213 $9,583 $0 $0
2014 $190 $9,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC285806

Stellar MLS

APN: 07-11-31-7023-00620-0060