NOT LISTED FOR SALE

51 Ocean Dr Palm Coast, FL 32137

Estimated Value: $1,177,000 - $1,614,000

0.2 Acre
$6,839,530 Price per Acre
8,775 Sq Ft Lot

Last Sold September 17, 2013

Last sale price $150,000

Est. 812% increase in value since last sale

Current estimated payment $8,573/month

45 Days on Market

Highlights

  • Property fronts gulf or ocean
  • No HOA
  • Heating Available
  • Old Kings Elementary School Rated A-

About This Lot

As of September 2013

Beautiful Oceanview Lot awaits your custom designed oceanview home. Build when ready and choose your builder. No Home Owners Assocaitions. Build what you want, when you what with the materials and colors you want. Great street with dedicated beach access about 100 yards away. Cool ocean sea breezes, and the sounds of the lapping waves await you. Walk down the to the beach and enjoy miles of soft sand, great surf and wonderful views. No crowds, no condos. No Hassles. City water, electric, and cable to site. Enjoy a great escape to the beach.; Paid Sewer:0;

Last Agent to Sell the Property

Steve Chesnut

RE/MAX SELECT PROFESSIONALS License #691071 Listed on: 07/02/2013

RE/MAX SELECT PROFESSIONALS

Last Buyer's Agent

Steve Chesnut

RE/MAX SELECT PROFESSIONALS License #691071 Listed on: 07/02/2013

RE/MAX SELECT PROFESSIONALS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,233

Lot Details

  • 8,775 Sq Ft Lot
  • Property fronts gulf or ocean
  • South Facing Home
  • Property is zoned R-1 SINGLE FAMILY

Property Views

  • Water Views

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Marineland Acres Condos
  • Marineland Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17-10-31-4200-00010-0260

Property Details

Property Type

Land

Est. Annual Taxes

$1,233

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8775
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.88757
  • Price per Sq Ft: 17.09
  • Close to Original List Price Ratio: 0.88757
  • View: No
  • Tax Year: 2012
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: South
  • Waterfront: Yes
  • Road Surface Type: Other
  • Water View Y N: Yes

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Water Available
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Complex Community Name NCCB: MARINELAND ACRES

Lot Info

  • Zoning: R-1 SINGLE FAMILY
  • Parcel Number: 17-10-31-4200-00010-0260
  • Current Use: Other
  • Price Per Acre: 750000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1233

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2018
Sold by
Rust James W
Bought by
Yelena Janayev Mukhtar and Yelena Janayeva
Current Estimated Value
$1,367,906

Purchase Details

Closed on
Mar 29, 2017
Sold by
Rust Melynne
Bought by
Rust James W

Purchase Details

Listed on
Jul 2, 2013
Closed on
Sep 17, 2013
Sold by
Jennis Robert and Jennis Renee L
Bought by
Rust James W and Rust Melynne M
Seller's Agent
Steve Chesnut
RE/MAX SELECT PROFESSIONALS
Buyer's Agent
Steve Chesnut
RE/MAX SELECT PROFESSIONALS
List Price
$169,000
Sold Price
$150,000
Premium/Discount to List
-$19,000
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.01%
Original Mortgage
$87,500
Interest Rate
4.39%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 25, 2001
Sold by
Allan Carolyn
Bought by
Jennis Robert and Jennis Renee L

Purchase Details

Closed on
Nov 20, 1998
Sold by
Mcsheehy Lloyd C and Mcsheehy Kathy
Bought by
Allan Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
6.77%

Purchase Details

Closed on
Nov 21, 1997
Sold by
Lowe Ocean Hammock Ltd
Bought by
Robinson Charles T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,100
Interest Rate
7.35%
Source: Public Records

Range of Values:

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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
Yelena Janayev Mukhtar $150,000 Covenant Closing & Title Svc
Rust James W -- None Available
Rust James W $150,000 Professional Title Agency In
Jennis Robert $81,500 --
Allan Carolyn $42,000 --
Robinson Charles T $388,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rust James W $87,500
Previous Owner Allan Carolyn $33,600
Previous Owner Robinson Charles T $311,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2013 09/17/13 Sold $150,000 -11.2% --
08/15/2013 08/15/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $169,000 -- --
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
2024 $16,792 $1,180,090 $273,500 $906,590
2023 $16,792 $1,111,650 $0 $0
2022 $15,700 $1,076,026 $218,500 $857,526
2021 $2,675 $159,500 $159,500 $0
2020 $2,164 $127,500 $127,500 $0
2019 $2,010 $115,000 $115,000 $0
2018 $2,053 $115,000 $115,000 $0
2017 $2,365 $135,000 $135,000 $0
2016 $2,301 $121,000 $0 $0
2015 $1,974 $110,000 $0 $0
2014 $1,658 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC197141

Stellar MLS

APN: 17-10-31-4200-00010-0260