RENTED MAY 14, 2025

53 River Dr Ormond Beach, FL 32176

Estimated Value: $263,106 - $301,000

3 Beds
1 Bath
1,248 Sq Ft
$227/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $183,000 $147 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,877/month

About This Home

Perfect beachside bungalow on a large corner lot, available now for annual lease! This nautical themed home features 3 bedrooms, bonus Florida room, and detached 1-car garage! Inside the home has tile flooring throughout and a washer & dryer in the hallway. Located on River Dr in Ormond-By-The-Sea, this property is just a short walk to the beach and the river! You can even spot the river water from the roadside in front of the property. Lease Details: 12-month term, tenant pays utilities, owner provides lawn care, pets are negotiable. First/Last/Security required to move-in. Must submit an application with background and credit check.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Oct 23, 2018
Sold by
Allard Lee and Dewitt Anthony
Bought by
A1a Investing Llc
Seller's Agent
Todd Hardy
EXIT Beach Realty
Buyer's Agent
Karin Udolf-Strobl
RE/MAX Signature
List Price
$183,000
Sold Price
$183,000
Current Estimated Value
$282,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,777
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Jan 18, 2011
Sold by
Fannie Mae
Bought by
Allard Lee and Dewitt Anthony

Purchase Details

Closed on
Apr 16, 2010
Sold by
Rost Scott R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 31, 2005
Sold by
Papesca Joseph
Bought by
Rost Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2005
Sold by
Real Estate Fund Llc
Bought by
Papesca Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2004
Sold by
Apathy Joan C
Bought by
Real Estate Fund Llc

Purchase Details

Closed on
Jul 14, 2004
Sold by
Apathy Joan C
Bought by
Apathy Joan C and Joan C Apathy Revocable Trust

Purchase Details

Closed on
Oct 15, 1991
Bought by
Allard Lee

Purchase Details

Closed on
Aug 15, 1982
Bought by
Allard Lee

Purchase Details

Closed on
Nov 15, 1980
Bought by
Allard Lee

Purchase Details

Closed on
Feb 15, 1980
Bought by
Allard Lee

Purchase Details

Closed on
Jun 15, 1974
Bought by
Allard Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
A1a Investing Llc $183,000 Southern Title Holding Compa
Allard Lee $68,000 Attorney
Federal National Mortgage Association $159,685 None Available
Rost Scott R $215,000 Associated Land Title Group
Papesca Joseph $155,000 Southern Title Hldg Co Llc
Real Estate Fund Llc $90,000 Southern Title Hldg Co Llc
Apathy Joan C -- --
Allard Lee $49,000 --
Allard Lee $47,000 --
Allard Lee $49,000 --
Allard Lee $34,000 --
Allard Lee $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rost Scott R $172,000
Previous Owner Papesca Joseph $147,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2025 05/14/25 Rented $2,050 0.0% --
04/14/2025 04/14/25 Price Changed $2,050 -4.7% $2 / Sq Ft
03/20/2025 03/20/25 Price Changed $2,150 -2.3% $2 / Sq Ft
01/10/2025 01/10/25 For Rent $2,200 -4.1% --
04/10/2023 04/10/23 Rented $2,295 0.0% --
03/11/2023 03/11/23 Under Contract -- -- --
12/08/2022 12/08/22 For Rent $2,295 0.0% --
10/25/2018 10/25/18 Sold $183,000 0.0% $158 / Sq Ft View Prior Sale
09/27/2018 09/27/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $183,000 -- $158 / Sq Ft

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 $4,679 $252,285 $117,761 $134,524
2025 $4,679 $252,406 $117,761 $134,645
2024 $4,289 $255,960 $117,761 $138,199
2023 $4,289 $259,044 $108,430 $150,614
2022 $3,881 $216,967 $86,873 $130,094
2021 $3,600 $166,503 $51,480 $115,023
2020 $3,459 $159,517 $54,698 $104,819
2019 $3,393 $153,545 $54,698 $98,847
2018 $2,603 $120,643 $50,837 $69,806
2017 $2,415 $106,128 $44,215 $61,913
2016 $2,246 $92,950 $0 $0
2015 $2,123 $83,465 $0 $0
2014 $1,922 $74,513 $0 $0
Source: Public Records

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