NOT LISTED FOR SALE

5038 S Ridgewood Ave Port Orange, FL 32127

8 Beds
-- Bath
4,137 Sq Ft
0.4 Acres

Last Sold February 17, 2022

Last sale price $540,000 $131 Per Sq Ft

11 Days on Market

Highlights

  • 0.4 Acre Lot
  • Multiple cooling system units
  • Hot Water Heating System
  • Spruce Creek High School Rated A-
  • Central Heating and Cooling System

About This Home

As of February 2022

Port Orange: Eight unit apartment complex. The property consists of two adjacent four unit properties which are 5038 and 5040 S Ridgewood Ave. Combined the property is just over one half acre with plenty of area and parking in the back off of Orange Ave. These are nice units of hard to find affordable housing. Also two storage sheds are included. 5038 includes two one bedroom units in the front building and two efficiencies in the rear building . 5040 includes a two bedroom unit, a one bedroom unit, and two efficiencies in one building. The P & L is attached. There are outdoor seating areas in the rear for the tenants. Plenty of parking space. Fully occupied. Three brand new shingle roofs and the flat roofs at 5040 just re-sealed. Quality Port Orange location. Priced to sell. See more info info
The units at 5038 include water and electric and the units at 5040 are individually metered.

Last Agent to Sell the Property

Greg Antonich

RE/MAX Signature License #0356858 Listed on: 01/20/2022

RE/MAX Signature

Last Buyer's Agent

Elle Gilbert

Adams, Cameron & Co., Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,595

Year Built

  • Built in 1954

Lot Details

  • 0.4

Home Design

  • 4,137 Sq Ft Home
  • Frame Construction
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Parking

  • 10 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Hot Water Heating System

Additional Features

  • Electric Range
  • 8 Bedrooms
  • Non-Toxic Pest Control
  • 0.4 Acre Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • The owner pays for electricity, exterior maintenance, hot water, insurance, pest control, taxes, trash collection, water
  • Assessor Parcel Number 6310-12-06-0140

Community Details

Overview

  • 8 Units
  • Norwood Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $5,725
  • Net Operating Income $41,131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,595

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4
  • Lot Size: 23226
  • Subdivision Name: Norwood
  • Directions: US-1 south of Dunlawton on the west side.
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1954
  • Reso Property Type: ResidentialIncome
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.4
  • General Property Information Lot Size Dimensions: 23226
  • Location Tax and Legal:Parcel Number: 6310-12-06-0140
  • Location Tax and Legal:Tax Annual Amount: 2595.0
  • Location Tax and Legal:Tax Year: 2021
  • Cooling:Central Air: Yes
  • Water Source:Public: Yes
  • Cooling:Multi Units: Yes
  • Cooling WallWindow Unit(s): Yes
  • Owner Pays Electricity: Yes
  • Owner Pays Hot Water2: Yes
  • Owner Pays Trash Collection: Yes
  • Owner Pays Water4: Yes
  • Owner Pays:Exterior Maintenance: Yes
  • Owner Pays Pest Control2: Yes
  • General Property Information Number Of Units Total2: 8.0
  • Unit 1 Details Furnished3: Unfurnished
  • Unit 2 Details Furnished4: Unfurnished
  • Unit 3 Details Furnished5: Unfurnished
  • Unit 4 Details Furnished6: Unfurnished
  • Unit 5 Details Furnished7: Unfurnished
  • Unit 6 Details Furnished8: Unfurnished
  • Unit 8 Details Furnished10: Unfurnished
  • Gross Scheduled Income: 68700.0
  • Electric:Fuses: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Owner Pays: Electricity, Exterior Maintenance, Hot Water, Insurance, Pest Control, Taxes, Trash Collection, Water
  • Total Bedrooms: 8
  • Living Area: 4137.0
  • Appliances:Electric Range: Yes

Exterior Features

  • Construction Type: Block, Concrete, Frame, Stucco
  • Roof: Shingle, Other
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Parking Lot
  • Total Parking Spaces: 10.0
  • Parking Features:Parking Lot: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Multi Units, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Varies by Unit
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Varies by Unit2: Yes

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 17424.0
  • Parcel #: 6310-12-06-0140
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 5725.0
  • Property Net Operating Income: 41131.0

Tax Info

  • Tax Annual Amount: 2595.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Feb 15, 2022
Sold by
Canosa And Livingston Family Revocable T
Bought by
Avant Sondra and Delaroche Steven
Seller's Agent
Greg Antonich
RE/MAX Signature
Buyer's Agent
Elle Gilbert
Adams, Cameron & Co., Realtors
List Price
$540,000
Sold Price
$540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%

Purchase Details

Closed on
May 27, 2011
Sold by
Keesling Jay A and Keesling Shirley
Bought by
Livingston Daniel K and Canosa Carole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,550
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 13, 2003
Sold by
Diaz Hortencia Olivia and Diaz Hortencia
Bought by
Keesling Jay A and Keesling Shirley

Purchase Details

Closed on
Nov 19, 1996
Sold by
Sutton Seymour and Sutton Janice
Bought by
Diaz Hortencia Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
7.65%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 1989
Bought by
Livingston Daniel K

Purchase Details

Closed on
May 15, 1987
Bought by
Livingston Daniel K

Purchase Details

Closed on
Apr 15, 1986
Bought by
Livingston Daniel K

Purchase Details

Closed on
Jul 15, 1980
Bought by
Livingston Daniel K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Avant Sondra $540,000 Southern Title
Livingston Daniel K $169,000 Columbia Title Research Corp
Keesling Jay A $170,000 --
Diaz Hortencia Olivia -- --
Livingston Daniel K $75,000 --
Livingston Daniel K $74,300 --
Livingston Daniel K $60,000 --
Livingston Daniel K $47,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Livingston Daniel K $160,550
Previous Owner Diaz Hortencia Olivia $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $540,000 0.0% $131 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $540,000 -- $131 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Greg Antonich

    Seller's Agent in 2022

    Greg Antonich

    RE/MAX Signature

    (386) 679-0443

    3 in this area

    85 Total Sales

    Greg Antonich
    Section Image
  • Elle Gilbert

    Buyer's Agent in 2022

    Elle Gilbert

    Adams, Cameron & Co., Realtors

    (386) 334-2227

    1 in this area

    30 Total Sales

    Elle Gilbert
    Section Image
See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1092411

Daytona Beach Area Association of REALTORS®

Florida Volusia County Port Orange 32127

5038 S Ridgewood Ave, Port Orange, FL

This home is located at 5038 S Ridgewood Ave, Port Orange, FL 32127 since 20 January 2022. This property was built in 1954. 5038 S Ridgewood Ave is a home located in Volusia County with nearby schools including Port Orange Elementary School, Silver Sands Middle School, and Spruce Creek High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Daytona Beach Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes