NOT LISTED FOR SALE

55 Palm Dr Ormond Beach, FL 32176

Estimated Value: $284,000 - $356,000

2 Beds
1 Bath
896 Sq Ft
$346/Sq Ft Est. Value

Last Sold January 23, 2025

Last sale price $320,000 $357 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,823/month

42 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Living Room
  • Den
  • Closet Cabinetry
  • Central Heating and Cooling System

About This Home

As of January 2025

Move-in ready, fully furnished beachside bungalow with all the essential updates! This charming coastal cottage has undergone significant improvements, including a 2017 metal roof, soffits and fascia, full plumbing overhaul, septic system and field remodel, AC update, beautiful flooring, and a classic vinyl fence. Inside, you'll find a spacious living and dining area perfect for entertaining, an updated bathroom, and two well-sized bedrooms, plus a versatile sunroom or flex space that could serve as a third bedroom. The fully fenced backyard is a private tropical oasis, complete with lush grass, garage laundry access, and potential for a second bathroom. Enjoy the convenience of a one-car garage and a short walk to the beach or Intracoastal, embracing the laid-back lifestyle of Ormond By the Sea. With restaurants, Publix, and shopping within walking distance, this home truly has it all.

Last Agent to Sell the Property

Amanda Lobb

RE/MAX SIGNATURE Brokerage Phone: 386-673-7001 License #3428002 Listed on: 11/05/2024

RE/MAX SIGNATURE

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 1955

Lot Details

  • 7,006 Sq Ft Lot
  • South Facing Home
  • Property is zoned 01R4

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 896 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Den
  • Vinyl Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • 1 Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ormond By Sea 07 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,220

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 896
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1955
  • Building Area Total: 1266
  • Lot Size Sq Ft: 7006
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 117.62
  • Escrow City: Daytona Beach
  • Escrow State: FL
  • Escrow Street Name: S Beach St #105
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 357.14
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 386-673-7001
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 83.24

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12127C0204K

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Development: Not Assigned

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: 01R4
  • Parcel Number: 4203-14-00-0870
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Negotiable
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Ask city

Tax Info

  • Tax Annual Amount: 2220
  • Tax Block: 00
  • Tax Book Number: 23-23
  • Tax Lot: 870

Multi Family

  • Approval Process: ask City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
Jan 23, 2025
Sold by
Fallacara Elizabeth
Bought by
Walker Ashley and Abrams Stephen
Seller's Agent
Amanda Lobb
RE/MAX SIGNATURE
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$399,999
Sold Price
$320,000
Premium/Discount to List
-$79,999
-20%
Views
21
Current Estimated Value
$309,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,014
Avg. Annual Appreciation
-3.40%
Original Mortgage
$304,000
Outstanding Balance
$301,905
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$8,081

Purchase Details

Closed on
Jul 29, 2019
Sold by
Marciano Joseph Anthony and Marciano Joseph Anythony
Bought by
Marciano Jacqueline Maria and Fallacara Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2016
Sold by
Fallacara Elizabeth
Bought by
Marciano Joseph Anythony and Marciano Jacqueline Maria

Purchase Details

Closed on
Mar 19, 2016
Sold by
Fallacara Christopher
Bought by
Fallacara Elizabeth

Purchase Details

Closed on
Jun 15, 1970
Bought by
Fallacara Elizabeth
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
Walker Ashley $320,000 Celebration Title Group
Walker Ashley $320,000 Celebration Title Group
Marciano Jacqueline Maria -- Attorney
Marciano Joseph Anythony -- None Available
Fallacara Elizabeth -- None Available
Fallacara Elizabeth $9,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Ashley $304,000
Closed Walker Ashley $304,000
Previous Owner Marciano Jacqueline Maria $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2025 01/23/25 Sold $320,000 -4.2% $357 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
11/05/2024 11/05/24 Price Changed $333,999 -16.5% $373 / Sq Ft
11/05/2024 11/05/24 For Sale $399,999 -- $446 / 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 $2,341 $265,136 $119,133 $146,003
2024 $2,220 $149,898 -- --
2023 $2,220 $145,533 $0 $0
2022 $2,155 $141,294 $0 $0
2021 $2,197 $137,179 $0 $0
2020 $2,157 $135,285 $0 $0
2019 $2,129 $132,243 $0 $0
2018 $2,096 $129,777 $0 $0
2017 $2,071 $127,108 $49,974 $77,134
2016 $2,682 $112,135 $0 $0
2015 $2,574 $106,496 $0 $0
2014 $2,301 $91,664 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: V4939257

Stellar MLS

APN: 4203-14-00-0870