NOT LISTED FOR SALE

554 Riverside Dr Ormond Beach, FL 32176

Estimated Value: $522,000 - $2,421,942

3 Beds
2.5 Baths
1,660 Sq Ft
$983/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $600,000 $361 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $10,319/month

467 Days on Market

Highlights

  • River View
  • Wood Flooring
  • Central Heating and Cooling System
  • Ranch Style House
  • No HOA
  • Ceiling Fan

About This Home

As of August 2015

Very large riverfront parcel sitting right in the heart of Ormond is now being offered for the first time in many decades. This property is truly spectacular in size and location with a nice vintage ranch home in place. The home features 3 bedrooms, 3 baths and a riverfront kitchen with cherry cabinetry. Oak flooring is currently covered up by carpet and ready to be exposed and refinished. Large bay windows and sliders allow for panoramic views of the intracoastal across the expansive lawn. A sturdy dock is in place with an unusually large deck for fishing or relaxing. Incredible Oaks shade the circular drive. This is an excellent opportunity for a buyer looking for a rare estate sized home site or the buyer who wants a cozy home and appreciates a very large riverfront lawn that coul d accommodate large parties, football games or an incredible pool and outbuildings.

Last Agent to Sell the Property

Ryan Adams

Adams, Cameron & Co., Realtors License #0669183 Listed on: 03/27/2014

Last Buyer's Agent

Marsha Evans

Realty Pros Assured License #3141142

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,468

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 100x370
  • River Front
  • East Facing Home

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Interior Spaces

  • 1,660 Sq Ft Home
  • Ceiling Fan
  • River Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ormond Shores Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 422305010030

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,468

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100x370
  • Road Surface Type: Paved
  • Subdivision Name: Ormond Shores
  • Directions: From Granada, south on Riverside Drive.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1950
  • Reso Property Type: Residential
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Dimensions: 100x370
  • General Property Information Direction Faces: East
  • General Property Information Homestead YN: Yes
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 422305010030
  • Location Tax and Legal:Tax Annual Amount: 5468.0
  • Location Tax and Legal:Tax Year: 2013
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • View:River: Yes
  • Flooring Wood: Yes
  • Architectural Style Ranch: Yes
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1660.0
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • View: River
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Roof: Shingle
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Parcel #: 422305010030

Tax Info

  • Tax Annual Amount: 5468.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2014
Closed on
Aug 24, 2015
Sold by
Oneil John J
Bought by
Kaufman Maurice
Seller's Agent
Ryan Adams
Adams, Cameron & Co., Realtors
Buyer's Agent
Marsha Evans
Realty Pros Assured
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$1,631,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,031,981
Avg. Annual Appreciation
10.38%
Original Mortgage
$1,120,000
Outstanding Balance
$892,740
Interest Rate
4.02%
Mortgage Type
Construction
Estimated Equity
$739,241

Purchase Details

Closed on
May 31, 2010
Sold by
Oneil Margaret M and Oneil John J
Bought by
Oneil Deborah A

Purchase Details

Closed on
May 25, 1995
Sold by
Oneil Margaret M and Oneil John J
Bought by
Oneil John J and Oneil Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
8.22%

Purchase Details

Closed on
Sep 15, 1985
Bought by
Kaufman Maurice

Purchase Details

Closed on
Aug 15, 1985
Bought by
Kaufman Maurice

Purchase Details

Closed on
Jun 15, 1985
Bought by
Kaufman Maurice
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
Kaufman Maurice $600,000 Adams Cameron Title Svcs Inc
Oneil Deborah A -- Attorney
Oneil John J -- --
Kaufman Maurice $150,000 --
Kaufman Maurice $100 --
Kaufman Maurice $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaufman Maurice $1,120,000
Previous Owner Oneil John J $164,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $600,000 0.0% $361 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
03/26/2014 03/26/14 For Sale $600,000 -- $361 / 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 $20,002 $1,342,505 -- --
2024 $20,002 $1,304,670 -- --
2023 $20,002 $1,266,670 $0 $0
2022 $19,468 $1,229,777 $0 $0
2021 $20,276 $1,193,958 $0 $0
2020 $19,995 $1,177,473 $469,650 $707,823
2019 $21,752 $1,266,746 $490,000 $776,746
2018 $7,990 $438,037 $432,630 $5,407
2017 $8,347 $437,670 $432,630 $5,040
2016 $8,742 $441,638 $0 $0
2015 $10,734 $521,209 $0 $0
2014 $10,580 $512,469 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 556775

Daytona Beach Area Association of REALTORS®

APN: 4223-05-01-0030