NOT LISTED FOR SALE

61 Division Ave Ormond Beach, FL 32174

Estimated Value: $365,000 - $402,000

6 Beds
7 Baths
5,220 Sq Ft
$74/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $400,000 $77 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,480/month

Highlights

  • Brick or Stone Mason
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Ormond Beach Elementary School Rated 9+

About This Home

As of April 2024

Highest and Best due by 03/14/24 at midnight. Bank owned home with three apartments in a detached building in Ormond Beach. The front house is a tri-level three bedroom, 2.5 bath, with a large extra room that could be a fourth, large living room, and lg kitchen, and laundry room. The rear building has a two bedroom and a one bedroom apartment upstairs and a studio apartment and garage size workshop room downstairs. Each unit individually metered for electric. The property is sold for cash only and strictly in its as is condition. Bank addendum and buyer affidavit required. All measurements are approximate. Be careful walking around the property and stairs. The sq/ft numbers are the combined space. REO property no seller disclosure available.

Last Agent to Sell the Property

Greg Antonich

RE/MAX Signature License #0356858 Listed on: 04/12/2024

RE/MAX Signature

Last Buyer's Agent

Taylor Westfall Gillette

Simply Real Estate License #3276915

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,666

Year Built

  • Built in 1968

Lot Details

  • 0.35

Home Design

  • 5,220 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Parking

  • 6 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Agricultural Well Water Source
  • Well

Additional Features

  • 6 Bedrooms
  • 0.35 Acre Lot

Community Details

  • 4 Units
  • Melrose Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4222-09-10-0100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,666

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • Lot Size: 15050
  • Subdivision Name: Melrose
  • Directions: Beach St south of Granada to west on Division home on the north side.
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1968
  • Reso Property Type: ResidentialIncome
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.35
  • General Property Information Lot Size Dimensions: 15050
  • Location Tax and Legal:Parcel Number: 4222-09-10-0100
  • Location Tax and Legal:Tax Annual Amount: 9666.0
  • Location Tax and Legal:Tax Year: 2023
  • Water Source:Public: Yes
  • Cooling WallWindow Unit(s): Yes
  • Water Source:Well: Yes
  • General Property Information Number Of Units Total2: 4.0
  • Electric:Fuses: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Living Area: 5220.0

Exterior Features

  • Construction Type: Brick, Frame, Vinyl Siding
  • Roof: Shingle, Other
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Parking Lot
  • Total Parking Spaces: 6.0
  • Parking Features:Parking Lot: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Heating:Electric3: Yes

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Parcel #: 4222-09-10-0100
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 9666.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Apr 3, 2024
Sold by
Bank Of New York and Cit Mortgage Loan Trust
Bought by
Lebaron Properties Llc
Seller's Agent
Greg Antonich
RE/MAX Signature
Buyer's Agent
Taylor Westfall Gillette
Simply Real Estate
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$383,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,240
Avg. Annual Appreciation
-2.39%

Purchase Details

Closed on
Feb 23, 2021
Sold by
Hamel Ricky E
Bought by
The Bank Of New York Mellon and The Cit Motgage Loan Trust

Purchase Details

Closed on
Aug 11, 2005
Sold by
Alley Kevin C and Alley Ronda E
Bought by
Hamel Ricky E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,300
Interest Rate
10.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 25, 2002
Sold by
Williams David
Bought by
Alley Kevin C and Alley Ronda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,600
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1990
Bought by
Hamel Ricky E

Purchase Details

Closed on
Jul 15, 1989
Bought by
Hamel Ricky E

Purchase Details

Closed on
Jun 15, 1989
Bought by
Hamel Ricky E

Purchase Details

Closed on
May 15, 1987
Bought by
Hamel Ricky E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lebaron Properties Llc $400,000 None Listed On Document
Lebaron Properties Llc $400,000 None Listed On Document
The Bank Of New York Mellon -- None Available
Hamel Ricky E $180,500 Southern Title Hldg Co Llc
Alley Kevin C $185,800 --
Hamel Ricky E $100 --
Hamel Ricky E $130,000 --
Hamel Ricky E $100 --
Hamel Ricky E $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamel Ricky E $212,300
Previous Owner Alley Kevin C $148,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 For Sale $400,000 0.0% $77 / Sq Ft
04/11/2024 04/11/24 Sold $400,000 -- $77 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
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 $5,570 $340,373 $40,247 $300,126
2024 $9,666 $336,590 $40,247 $296,343
2023 $9,666 $614,738 $40,248 $574,490
2022 $8,650 $527,890 $30,503 $497,387
2021 $4,656 $312,633 $0 $0
2020 $4,434 $313,541 $0 $0
2019 $3,962 $265,285 $0 $0
2018 $3,769 $249,489 $0 $0
2017 $2,932 $195,191 $0 $0
2016 $2,966 $191,176 $0 $0
2015 $3,060 $189,847 $0 $0
2014 $3,039 $188,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1120275

Daytona Beach Area Association of REALTORS®

APN: 4222-09-10-0100