$235,000
SOLD FEB 13, 2017

640 N Wild Olive Ave Daytona Beach, FL 32118

7 Beds
4 Baths
2,748 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

2 Days on Market

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Living Room
  • No HOA
  • Patio
  • Family Room

About This Home

As of November 2021

Absolutely gorgeous beachside 4 bedroom home with a 3 bed/2 bath guest house situated in private, fenced in backyard, all on a big lot that is located on a very quiet street, only 2 blocks to the ocean and walking distance to shopping, restaurants and nightlife. The entire property has been freshly updated inside and out, including new A/C systems, kitchen appliances, paint, flooring, bathroom tile, and much more. The main house first floor has a large living room with a wood burning fireplace, dining room, huge gourmet kitchen, laundry room, bedroom and bathroom and then upstairs you’ll find 3 bedrooms, 1 luxury bathroom, wet bar with Fridge and a bonus room. Inside the very private, fenced in backyard, there is a large covered patio, storage shed and access to the guest house. The guest guest
house has a full kitchen, living room, three bedrooms and two full bathrooms; all completely remodeled, in mint condition and serviced by a new A/C system. Uniquely zoned RP-3, this property could be used as a duplex, triplex or even an office. If you leased the guest house, it could drastically reduce your monthly costs because a fully remodeled 3 bedroom 2 bath unit on beachside rents for $1,000 per month or more. To use as a tri-plex, simply put one door back on the hinges and put a gas range in the upstairs wet bar area and voila, it's a triplex. Also, all three areas are already on separate electric panel boxes so separating into three electric meters would simply require an update with the electric utility company. Whether owning as a single family home with an extra guest house, or renting out one of the houses to offset the costs of the other, or turning into a triplex or an office, this is a wonderful property and won't last long, so if you have any interest, move fast!

Last Agent to Sell the Property

Lindsay Ferlitto

Sand Dollar Realty Group, Inc. License #3315765 Listed on: 01/14/2017

Sand Dollar Realty Group, Inc.

Last Buyer's Agent

Chip Doherty

Karlhaus Realty License #3338968

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,187

Year Built

  • Built in 1918

Lot Details

  • Lot Dimensions are 55x150
  • West Facing Home

Home Design

  • Shingle Roof

Interior Spaces

  • 2,748 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Multiple cooling system units
  • Central Air

Community Details

  • No Home Owners Association
  • East Daytona Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5305-01-35-0170

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,187

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 55x150
  • Road Surface Type: Paved
  • Subdivision Name: East Daytona
  • Directions: A1A turn on Seabreeze Blvd. and Right on N. Wild Olive Ave.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Year Built: 1918
  • Reso Property Type: Residential
  • Reso Room Type: FamilyRoom
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Dimensions: 55x150
  • General Property Information Direction Faces: West
  • General Property Information Homestead YN: No
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 5305-01-35-0170
  • Location Tax and Legal:Tax Annual Amount: 3187.0
  • Location Tax and Legal:Tax Year: 2016
  • Cooling:Central Air: Yes
  • Flooring:Tile: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • Cooling:Multi Units: Yes
  • Flooring Wood: Yes
  • Levels:Two: Yes
  • Flooring Laminate: Yes
  • Room Types Living Room: Yes
  • Room Types Family Room: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Flooring: Laminate, Tile, Wood
  • Living Area: 2748.0

Exterior Features

  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Utilities

  • Cooling: Central Air, Multi Units
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Parcel #: 5305-01-35-0170

Tax Info

  • Tax Annual Amount: 3187.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2021
Closed on
Nov 30, 2021
Sold by
Huff Bridget S
Bought by
King David W
Seller's Agent
Shannon FitzPatrick
RE/MAX Signature
Buyer's Agent
Allyson Wise-Bird, LLC
Coldwell Banker Premier Properties
List Price
$462,500
Sold Price
$462,500
Current Estimated Value
$565,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,004
Avg. Annual Appreciation
5.66%
Original Mortgage
$323,750
Outstanding Balance
$300,732
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$264,772

Purchase Details

Listed on
Jan 14, 2017
Closed on
Feb 14, 2017
Sold by
Etn Venturers Llc
Bought by
Huff Birdget S
Seller's Agent
Lindsay Ferlitto
Sand Dollar Realty Group, Inc.
Buyer's Agent
Chip Doherty
Karlhaus Realty
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.15%

Purchase Details

Listed on
Aug 10, 2014
Closed on
Sep 17, 2014
Sold by
Roessler Thomas J
Bought by
Spencer Adam N
Seller's Agent
Cyndi McFarran
RE/MAX Signature
Buyer's Agent
Andrea Banchi Jr
Adams, Cameron & Co., Realtors
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%

Purchase Details

Closed on
Jun 15, 1982
Bought by
Etn Ventures Llc

Purchase Details

Closed on
Sep 15, 1981
Bought by
Etn Ventures Llc

Purchase Details

Closed on
Jul 15, 1977
Bought by
Etn Ventures Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $462,500 Leading Edge Ttl Of Ctrl Fl
Warranty Deed $235,000 Professional Title Agency In
Warranty Deed $180,000 Southern Title Hldg Co Llc
Deed $52,500 --
Deed $50,000 --
Deed $35,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $323,750 New Conventional
Previous Owner $105,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $462,500 0.0% $176 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $462,500 +96.8% $176 / Sq Ft
02/13/2017 02/13/17 Sold $235,000 0.0% $86 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
01/14/2017 01/14/17 For Sale $235,000 +42.4% $86 / Sq Ft
08/17/2016 08/17/16 Sold $165,000 0.0% $62 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $165,000 -8.3% $62 / Sq Ft
09/17/2014 09/17/14 Sold $180,000 0.0% $87 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
08/10/2014 08/10/14 For Sale $180,000 -- $87 / 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 $7,422 $436,998 $107,250 $329,748
2024 $7,422 $434,752 $107,250 $327,502
2023 $7,422 $413,965 $107,250 $306,715
2022 $6,996 $384,974 $64,735 $320,239
2021 $5,376 $336,231 $56,496 $279,735
2020 $4,935 $311,671 $41,195 $270,476
2019 $4,249 $231,533 $39,724 $191,809
2018 $3,871 $190,124 $39,724 $150,400
2017 $3,476 $163,920 $39,798 $124,122
2016 $3,187 $143,672 $0 $0
2015 $3,036 $129,908 $0 $0
2014 $2,075 $92,581 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1024636

Daytona Beach Area Association of REALTORS®

APN: 5305-01-35-0170