NOT LISTED FOR SALE

523 Morgan Wood Dr Deland, FL 32724

Estimated Value: $410,741 - $487,000

4 Beds
3 Baths
2,316 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $370,000 $160 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,055/month

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Property is near public transit
  • Reverse Osmosis System
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of December 2021

4 bed/3 bath in charming Deland! This beautiful home features granite countertops, stainless steel appliances, a gas range, tile and carpeted floors throughout! Includes water softener system and reverse osmosis filter in kitchen. Master bedroom features a walk-in closet, garden tub with separate shower a two sinks with separate vanities. The three-car garage gives you plenty of room for parking and storage. Nice backyard porch faces a beautiful landscape with mature trees. Minutes from shopping areas and virtually next door to Blue Spring State Park. Less than 15 minutes to Historic Downtown Deland and Stetson University! Close to I-4 and quick access routes to the beaches!

This property offers an option of a security deposit-free lease using Obligo’s billing authorization technology for qualified tenants and well as a mandatory Tenant Benefit Package.

Last Agent to Rent the Property

Stacey Gray

TRUSTHOME PROPERTIES INC License #3516534 Listed on: 11/16/2021

Last Renter's Agent

Stacey Gray

TRUSTHOME PROPERTIES INC License #3516534 Listed on: 11/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,922

Year Built

  • Built in 2015

Lot Details

  • 8,906 Sq Ft Lot
  • Lot Dimensions are 73x122
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Driveway

Property Views

  • Pond
  • Woods

Interior Spaces

  • 2,316 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Inside Utility
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • Smoke Free Home
  • Ventilation
  • Reclaimed Water Irrigation System

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Property is near public transit
  • City Lot

Schools

  • Freedom Elementary School
  • Deland Middle School
  • Deland High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Water Filtration System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Wellington Woods HOA
  • Wellington Woods Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,400
  • Property Available on 11/15/21
  • Tenant pays for carpet cleaning fee, cleaning fee
  • The owner pays for trash collection
  • 12-Month Minimum Lease Term
  • Long Term Lease
  • $90 Application Fee
  • Assessor Parcel Number 33-17-30-10-00-0720

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,922

Year Built

Built in 2015

Lot Details

0

Parking

3

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Lease Fee: 230
  • Long Term Y N: Yes
  • Application Fee: 90
  • Pet Restrictions: Must have owner permission
  • Security Deposit: 2400
  • Expected Lease Date: 2021-12-17T05:00:00.000Z
  • Pet Fee Non Refundable: 250
  • Additional Applicant Fee: 90
  • Available Date: 2021-11-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Fireplace: No
  • Living Area: 2316
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 2015
  • Building Area Total: 3163
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 8906
  • Owner Pays: Trash Collection
  • Tenant Pays: Carpet Cleaning Fee, Cleaning Fee
  • Directions to Property: From I-4 take exit 116 and head west to DeLand. About 2.5 mi, turn left into Wellington Woods. At the traffic circle, take the 1st exit onto Holly Oak Blvd. Turn right onto Morgan Wood Dr
  • Status: Leased
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 0.99
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 0.73
  • View: Yes
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer, Water Filtration System
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Window Features: Window Treatments
  • Street Number Modifier: 523
  • Room Count: 10
  • Additional Rooms: Attic, Great Room, Inside Utility

Exterior Features

  • Exterior Features: Irrigation System, Sliding Doors
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Rear Porch
  • Road Surface Type: Paved, Asphalt
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sprinkler Recycled, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Irrigation-Reclaimed Water
  • Association Amenities: Maintenance
  • Association Name: Wellington Woods HOA
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Schools

  • Elementary School: Freedom Elem
  • High School: Deland High
  • Middle Or Junior School: Deland Middle

Lot Info

  • Parcel Number: 33-17-30-10-00-0720
  • Lot Features: City Lot, Level, Near Public Transit, Sidewalk
  • Lot Dimensions: 73x122

Green Features

  • Efficiency: Lighting, Thermostat
  • Green Indoor Air Qlty: No Smoking-Interior Buildg, Ventilation
  • Green Water Conservation: Irrigation-Reclaimed Water
  • Green Landscaping: Fl. Friendly/Native Landscape

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Oct 1, 2021
Sold by
Opendoor Property Trust I
Bought by
Wadhawan Rajan and Khanna Pawini
Seller's Agent
ALLISON JOHNSTON
MAINSTAY BROKERAGE LLC
Buyer's Agent
Jason Noseworthy
List Price
$411,000
Sold Price
$370,000
Premium/Discount to List
-$41,000
-9.98%
Current Estimated Value
$458,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,435
Avg. Annual Appreciation
5.85%
Original Mortgage
$277,500
Outstanding Balance
$214,666
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$248,193

Purchase Details

Closed on
Jun 14, 2021
Sold by
Smith Susan Meredith and Smith Larry
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Mar 30, 2016
Sold by
D R Horton Inc
Bought by
Osborne Susan Meredith and Marshall Thomas Shields

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Interest Rate
3.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Wadhawan Rajan $370,000 Os National Llc
Opendoor Property Trust I $379,900 Os National Llc
Opendoor Property Trust $379,900 Os National
Osborne Susan Meredith $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wadhawan Rajan $277,500
Previous Owner Osborne Susan Meredith $250,381
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Rented $2,300 0.0% --
12/14/2021 12/14/21 Under Contract -- -- --
12/09/2021 12/09/21 For Rent $2,300 0.0% --
12/08/2021 12/08/21 Under Contract -- -- --
11/15/2021 11/15/21 For Rent $2,300 0.0% --
10/01/2021 10/01/21 Sold $370,000 -4.1% $160 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/13/2021 08/13/21 Price Changed $386,000 -2.3% $167 / Sq Ft
07/30/2021 07/30/21 Price Changed $395,000 -1.3% $171 / Sq Ft
07/23/2021 07/23/21 Price Changed $400,000 -2.7% $173 / Sq Ft
06/23/2021 06/23/21 For Sale $411,000 -- $177 / 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
2025 $6,922 $359,487 $55,000 $304,487
2024 $6,922 $359,830 $55,000 $304,830
2023 $6,922 $380,197 $50,000 $330,197
2022 $6,328 $331,467 $50,000 $281,467
2021 $4,112 $243,094 $0 $0
2020 $3,907 $232,445 $0 $0
2019 $3,941 $230,433 $0 $0
2018 $3,782 $211,028 $21,500 $189,528
2017 $3,867 $208,822 $14,450 $194,372
2016 $4,526 $198,024 $0 $0
2015 $300 $14,450 $0 $0
2014 $289 $14,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5986480

Stellar MLS

APN: 7033-10-00-0720