NOT LISTED FOR SALE

54 Atlantic Dr Palm Coast, FL 32137

Estimated Value: $527,000 - $730,000

3 Beds
3 Baths
1,656 Sq Ft
$361/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $330,000 $199 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,475/month

74 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Deck
  • No HOA
  • Old Kings Elementary School Rated A-
  • High Ceiling
  • Cooling System Mounted To A Wall/Window

About This Home

As of February 2019

Enjoy ocean views and sea breezes from this contemporary style A Frame only a few houses down from your own sandy beach. Sip your morning coffee or your afternoon glass of wine from the large observation deck offering great ocean views.1st floor separate entrance studio apartment has kitchen & full bath. It's perfect for in-law, seasonal or Airbnb rental. 2nd floor has kitchen, family room, bedroom & full bath. 3rd floor “honeymoon suite” has bedroom & full bath. Knotty pine walls surround you, while the large windows & sliders leading to the wraparound deck let in abundant sunshine and fresh air. Home is well maintained, NEW CENTRAL A/C 2016, pest control. Ground floor includes extra storage room with a sump pump to guard against any possible water intrusion. Backyard includes a large 13X8 storage shed with electricity. The beach is just a few houses down. Bings Landing boat launch & Washington Oaks State Park are just a short hop away. Bring all your toys & enjoy the good life!

Last Agent to Sell the Property

Bernard Short

REALTY EXCHANGE, LLC License #3405923 Listed on: 11/02/2018

REALTY EXCHANGE, LLC

Last Buyer's Agent

Non-Member FLG (Reciprocal 1)

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,047

Year Built

  • Built in 1974

Lot Details

  • 7,884 Sq Ft Lot
  • Property fronts gulf or ocean
  • The property's road front is unimproved
  • North Facing Home
  • Land Lease expires 12/31/18

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,656 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Storage Room
  • Water Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Marineland Acres Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Homestead Exemption
  • Assessor Parcel Number 39-10-31-4250-00090-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,047

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame, Stucco
  • Living Area: 1656
  • Lot Size Acres: 0.18
  • Year Built: 1974
  • Lease Term: Month To Month
  • Lot Size Sq Ft: 7884
  • Directions to Property: A1A North to Atlantic Dr. Number 54 on right.
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: Yes
  • Ratio: Close Price\List Price: 0.94556
  • Price per Sq Ft: 199.28
  • Close to Original List Price Ratio: 0.89342
  • View: No
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s)
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Stories: 3
  • Street Number Modifier: 54
  • Room Count: 9
  • Additional Rooms: Storage Rooms

Exterior Features

  • Direction Faces: North
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Deck
  • Road Surface Type: Unimproved
  • Water View Y N: Yes

Garage/Parking

  • Parking Features: Driveway, On Street
  • Open Parking: No

Utilities

  • Utilities: Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: R-1
  • Parcel Number: 39-10-31-4250-00090-014
  • Price Per Acre: 1833333
  • Land Lease Expiration Date: 2018-12-31
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2047

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
Feb 18, 2019
Sold by
Sussman Carol
Bought by
Greg Mergel Shannon Mergel
Seller's Agent
Bernard Short
REALTY EXCHANGE, LLC
Buyer's Agent
Non-Member FLG (Reciprocal 1)
NON-MLS OFFICE
List Price
$369,369
Sold Price
$330,000
Premium/Discount to List
-$39,369
-10.66%
Current Estimated Value
$583,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,789
Avg. Annual Appreciation
9.17%
Original Mortgage
$297,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Ksyniak Stan and Wilmot Keith
Bought by
Sussman Stephan and Sussman Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,001
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2001
Sold by
Simmons Elizabeth P
Bought by
Ksyniak Stan and Wilmot Keith

Purchase Details

Closed on
Oct 25, 1996
Sold by
Markowitz Adam and Markowitz Alathea Cook
Bought by
Hanewich Shawn Joseph and Simmons Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.15%
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
Greg Mergel Shannon Mergel $330,000 Ocean Blue Title Llc
Sussman Stephan $295,000 --
Ksyniak Stan -- --
Ksyniak Stan $141,000 --
Hanewich Shawn Joseph $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mergel Gregory R $306,400
Closed Mergel Shannon $306,400
Closed Greg Mergel Shannon Mergel $297,000
Previous Owner Sussman Stephan $150,001
Previous Owner Hanewich Shawn Joseph $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2019 02/19/19 Sold $330,000 -10.7% $199 / Sq Ft
01/13/2019 01/13/19 Pending -- -- --
10/31/2018 10/31/18 For Sale $369,369 -- $223 / 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 $3,346 $218,733 -- --
2023 $3,346 $212,362 $0 $0
2022 $3,156 $206,177 $0 $0
2021 $3,081 $200,172 $0 $0
2020 $3,077 $197,408 $0 $0
2019 $4,307 $235,450 $110,000 $125,450
2018 $2,132 $131,470 $0 $0
2017 $1,890 $114,473 $0 $0
2016 $1,861 $112,119 $0 $0
2015 $1,401 $111,340 $0 $0
2014 $1,408 $110,456 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC243093

Stellar MLS

APN: 39-10-31-4250-00090-0140