NOT LISTED FOR SALE

51 Wellwood Ln Palm Coast, FL 32164

Estimated Value: $439,941 - $448,000

6 Beds
4 Baths
2,368 Sq Ft
$188/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $470,000 $198 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,892/month

6 Days on Market

Highlights

  • 1 Acre Lot
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • Ceiling Fan

About This Home

As of June 2022

Fresh and clean, this duplex is perfect for investors or family life! Both units are 3/2/1. The spacious open floor plan has new luxury laminate flooring in the living areas and bedrooms, tile in the bathrooms and kitchen, with fresh paint throughout. A brand new roof (2022), screened porches on both sides, fenced backyard, and newer air conditioner units on both sides ( Side A 2022 - Side B 2020) Newer water heaters, AC system vents have been professionally cleaned to bring you that new home smell!

Last Agent to Sell the Property

Cyd Weeks

PALMCOASTING.COM REAL ESTATE License #3071943 Listed on: 05/17/2022

Last Buyer's Agent

Ashley Katz

SERENITY REALTY GROUP License #3276893

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,965

Year Built

  • Built in 2003

Lot Details

  • 1 Acre Lot
  • East Facing Home
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,368 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry in Garage

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pine Lakes Condos
  • Pine Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-11-31-7021-00010-0150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,965

Year Built

Built in 2003

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Living Area: 2368
  • Year Built: 2003
  • Lot Size Sq Ft: 10000
  • Status: Sold
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Ratio: Close Price\List Price: 0.96907
  • Price per Sq Ft: 198.48
  • Close to Original List Price Ratio: 0.94019
  • View: No
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: None
  • Total Bedrooms: 6
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: None
  • Patio and Porch Features: Covered, Patio, Porch, Screened

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Complex Community Name NCCB: PINE LAKES

Lot Info

  • Zoning: DPX
  • Parcel Number: 07-11-31-7021-00010-0150
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2965.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 8, 2022
Sold by
Flo Re Holdings Llc
Bought by
Clc Land Two Corp
Seller's Agent
Cyd Weeks
PALMCOASTING.COM REAL ESTATE
Buyer's Agent
Ashley Katz
SERENITY REALTY GROUP
List Price
$499,900
Sold Price
$470,000
Premium/Discount to List
-$29,900
-5.98%
Current Estimated Value
$454,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,035
Avg. Annual Appreciation
-1.64%

Purchase Details

Closed on
Mar 14, 2022
Sold by
Langan and Daniel
Bought by
Flo Re Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2012
Sold by
Castro Carlos
Bought by
Mitchell Management Llc

Purchase Details

Closed on
Apr 10, 2006
Sold by
Oliveira Joao
Bought by
Castro Carlos A and Castro Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
9.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2003
Sold by
C & M Realty Group Inc
Bought by
Oliveira Joao L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2002
Sold by
Barbosa Rui G and Barbosa Zita M
Bought by
C & M Realty Group Inc
Source: Public Records

Range of Values:

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Average Value
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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
Clc Land Two Corp $470,000 None Listed On Document
Flo Re Holdings Llc $345,000 None Listed On Document
Mitchell Management Llc $77,200 None Available
Castro Carlos A $300,000 Century Home Title Inc
Oliveira Joao L $190,000 --
C & M Realty Group Inc $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flo Re Holdings Llc $276,000
Previous Owner Castro Carlos A $300,000
Previous Owner Oliveira Joao L $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2022 06/08/22 Sold $470,000 -6.0% $198 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $499,900 -- $211 / 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
2024 $6,073 $332,632 $46,500 $286,132
2023 $6,073 $327,763 $44,000 $283,763
2022 $3,568 $304,500 $44,500 $260,000
2021 $3,089 $232,801 $24,000 $208,801
2020 $2,827 $206,590 $17,500 $189,090
2019 $2,580 $183,011 $18,025 $164,986
2018 $2,470 $178,049 $12,325 $165,724
2017 $2,227 $156,233 $11,200 $145,033
2016 $1,988 $78,661 $0 $0
2015 $2,636 $128,333 $0 $0
2014 $2,495 $119,821 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC278001

Stellar MLS

APN: 07-11-31-7021-00010-0150