NOT LISTED FOR SALE

505 N Ridgewood Ave Ormond Beach, FL 32174

Ormond Terrace Neighborhood

Estimated Value: $299,970 - $351,000

3 Beds
2 Baths
1,440 Sq Ft
$229/Sq Ft Est. Value

Last Sold February 03, 2017

Last sale price $174,000 $121 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,924/month

Highlights

  • Ranch Style House
  • No HOA
  • Porch
  • Ormond Beach Elementary School Rated 9+
  • Fireplace
  • Living Room

About This Home

As of February 2017

This is your chance to have a gorgeous home in one of the most sought after parts of Ormond Beach. A gardener's dream, this 3 bedroom/2 bath concrete block home on a large lot has numerous raised gardens in both the front and back yards and beautiful landscaping. Newer A/C, updated electric and plumbing, a completely remodeled master bathroom, and tons of character and charm. This home is a true gem. Come see it today.

Last Agent to Sell the Property

Alex Bittner

Adams, Cameron & Co., Realtors License #3334691 Listed on: 12/19/2016

Last Buyer's Agent

Scott Frederick

Ormond Realty License #3470197

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 80x157
  • West Facing Home
  • Fenced

Parking

  • 1 Car Garage

Home Design

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

Interior Spaces

  • 1,440 Sq Ft Home
  • Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ormond Terrace Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 4240-01-16-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$890

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 80x157
  • Subdivision Name: Ormond Terrace
  • Directions: W on Granada Blvd to N Ridgewood Ave, Right on N Ridgewood Ave
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Year Built: 1959
  • Reso Property Type: Residential
  • Reso Room Type: Kitchen
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Dimensions: 80x157
  • General Property Information Direction Faces: West
  • General Property Information Homestead YN: Yes
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 4240-01-16-0060
  • Location Tax and Legal:Tax Annual Amount: 890.0
  • Location Tax and Legal:Tax Year: 2016
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • Room Types Dining Room: Yes
  • Room Types Living Room: Yes
  • Room Types Other Room: Yes
  • Architectural Style Ranch: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 1440.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Fencing: Fenced
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Parcel #: 4240-01-16-0060

Tax Info

  • Tax Annual Amount: 890.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2016
Closed on
Feb 3, 2017
Sold by
Croft Robert M and Croft Lizanne J
Bought by
Bonin Lisa
Seller's Agent
Alex Bittner
Adams, Cameron & Co., Realtors
Buyer's Agent
Scott Frederick
Ormond Realty
List Price
$174,000
Sold Price
$174,000
Current Estimated Value
$329,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,743
Avg. Annual Appreciation
7.44%
Original Mortgage
$170,848
Outstanding Balance
$140,633
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$189,110

Purchase Details

Closed on
May 13, 2010
Sold by
Pickett James
Bought by
Croft Robert M and Croft Lizanne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2006
Sold by
Dearmon Michael and Dearmon Maria D
Bought by
Pickett James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 8, 2004
Sold by
Sunshine Properties Llc
Bought by
Dearmono Michael and Dearmon Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2003
Sold by
Green Tree Servicing L L C
Bought by
Sunshine Prop L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.24%

Purchase Details

Closed on
Jun 24, 2003
Sold by
Clerk Circuit Court
Bought by
Conseco Fin Servicing Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Bonin Lisa $174,000 Adams Cameron Title Services
Croft Robert M $125,000 Mercury Title Company
Pickett James $273,000 First American Title Ins Co
Dearmono Michael $147,000 Columbia Title Research Corp
Sunshine Prop L L C $105,000 --
Conseco Fin Servicing Corp $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonin Lisa $170,848
Previous Owner Croft Robert M $70,000
Previous Owner Pickett James $181,000
Previous Owner Dearmono Michael $147,000
Previous Owner Sunshine Prop L L C $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2017 02/03/17 Sold $174,000 0.0% $121 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
12/19/2016 12/19/16 For Sale $174,000 -- $121 / 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
2026 $2,362 $186,751 -- --
2025 $2,362 $186,751 -- --
2024 $2,196 $181,488 -- --
2023 $2,196 $176,202 $0 $0
2022 $2,121 $171,070 $0 $0
2021 $2,188 $166,087 $0 $0
2020 $2,151 $163,794 $0 $0
2019 $2,107 $160,111 $43,656 $116,455
2018 $2,621 $143,714 $36,720 $106,994
2017 $927 $90,065 $0 $0
2016 $928 $88,213 $0 $0
2015 $954 $87,600 $0 $0
2014 $945 $86,905 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Alex Bittner

    Adams, Cameron & Co., Realtors

  • S

    Buyer's Agent in 2017

    Scott Frederick

    Ormond Realty

    (386) 673-7171

    1 in this area

    21 Total Sales

    Scott Frederick
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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1023723

Daytona Beach Area Association of REALTORS®

APN: 4240-01-16-0060

Florida Volusia County Ormond Beach 32174 Ormond Terrace

505 N Ridgewood Ave, Ormond Beach, FL

Not Listed for Sale

Detached

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