NOT LISTED FOR SALE

527 N Ridgewood Ave Daytona Beach, FL 32114

Central Daytona Neighborhood

Estimated Value: $540,000

23 Beds
15 Baths
11,658 Sq Ft
$46/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $350,000 $30 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,307/month

87 Days on Market

About This Home

As of April 2015

This is a multi-parcel sale. May or may not include adjacent building. Call for rental details. This is a HUGE money maker. Look at the numbers! That's a 22% CAP RATE!

Last Agent to Sell the Property

Ray Joy

Watson Realty Corp. License #3063570 Listed on: 11/16/2014

Last Buyer's Agent

Peter Glover

PMG Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,026

Year Built

  • Built in 1941

Lot Details

  • 0.49

Home Design

  • 11,658 Sq Ft Home
  • Metal Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Parking

  • 25 Parking Spaces
  • Parking Lot

Additional Features

  • 23 Bedrooms
  • Lot Dimensions are 175x180
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 533834030010

Community Details

Overview

  • 17 Units
  • Rogers Taylor Subdivision

Building Details

  • Gross Income $10,555
  • Net Operating Income $96,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,026

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 175X180
  • Subdivision Name: Rogers-Taylor
  • Directions: From Dunlawton Avenue - left onto Ridgewood Avenue (North) follow to 527 Ridgewood Avenue on Right side.
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1941
  • Reso Property Type: ResidentialIncome
  • Roof:Metal: Yes
  • General Property Information Lot Size Dimensions: 175X180
  • Location Tax and Legal:Parcel Number: 533834030010
  • Location Tax and Legal:Tax Annual Amount: 2025.8
  • Location Tax and Legal:Tax Year: 2006
  • Cooling:Central Air: Yes
  • General Property Information Number Of Units Total2: 17.0
  • Gross Scheduled Income: 126660.0
  • Special Features: None

Interior Features

  • Total Bedrooms: 23
  • Living Area: 11658.0

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Roof: Metal
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Total Parking Spaces: 25.0
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Heating:Central: Yes

Lot Info

  • Parcel #: 533834030010

Multi Family

  • Number Of Units Total: 17
  • Annual Gross Income: 10555.0
  • Property Net Operating Income: 96000.0

Tax Info

  • Tax Annual Amount: 2025.8
  • Tax Year: 2006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2018
Sold by
Mecklem Charles W and Glover Peter M
Bought by
527 Land Trust Llc
Current Estimated Value
$540,000

Purchase Details

Listed on
Nov 16, 2014
Closed on
Apr 15, 2015
Sold by
Lee Peter
Bought by
527 Land Trust
Seller's Agent
Ray Joy
Watson Realty Corp.
Buyer's Agent
Peter Glover
PMG Properties
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$360,000
Interest Rate
3.84%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 23, 2005
Sold by
Hansen Ursula
Bought by
Lee Peter

Purchase Details

Closed on
Nov 26, 1997
Sold by
Lee Peter
Bought by
Hansen Ursula
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
527 Land Trust Llc -- None Available
527 Land Trust $450,000 Attorney
Lee Peter -- --
Hansen Ursula -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 527 Land Trust $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2015 04/15/15 Sold $350,000 0.0% $30 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
11/16/2014 11/16/14 For Sale $350,000 -- $30 / 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
2025 $5,768 $353,271 $76,370 $276,901
2024 $5,768 $339,067 $76,370 $262,697
2023 $5,768 $321,733 $71,067 $250,666
2022 $5,411 $297,730 $68,946 $228,784
2021 $5,365 $277,439 $68,946 $208,493
2020 $5,663 $292,562 $68,946 $223,616
2019 $5,510 $280,170 $68,946 $211,224
2018 $5,200 $255,408 $68,946 $186,462
2017 $5,563 $262,300 $68,946 $193,354
2016 $5,486 $246,358 $0 $0
2015 $3,816 $228,246 $0 $0
2014 -- $216,102 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Ray Joy

    Watson Realty Corp.

  • P

    Buyer's Agent in 2015

    Peter Glover

    PMG Properties

    (386) 295-5089

    9 Total Sales

    Peter Glover
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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 566065

Daytona Beach Area Association of REALTORS®

APN: 5338-34-03-0010

Florida Volusia County Daytona Beach 32114 Central Daytona

527 N Ridgewood Ave, Daytona Beach, FL

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