$220,000
SOLD MAY 15, 2014

7 Corning Ct Palm Coast, FL 32137

3 Beds
2 Baths
1,723 Sq Ft
8,750 Sq Ft Lot

Recently Sold

$128 Per Sq Ft

18% Below List Price

68 Days on Market

Highlights

  • 70 Feet of Waterfront
  • No HOA
  • Screened Patio
  • Old Kings Elementary School Rated A-
  • Front Porch
  • Walk-In Closet

About This Home

As of May 2014

Not your ordinary view across the canal. The street layout allows for a basin view from this inside lot. You'll love the view of the sunset over the saltwater basin. Outside this home features a side entry garage and tile roof. Inside there's a master suite with separate tub and shower. Across the house are the guest bedrooms and remodeled guest bath. Additionally there's a den/office and large Florida room. The home has been partially updated with large tile in the main living area and new carpet in the bedrooms. It has also been newly painted. The Florida Room is essentially an extra 371 sf of living space access with sliders from the master suite, living room and breakfast nook.This home is eligible for HomePath Mortgage and/or HomePath Renovation Mortgage - as little as 5% down, no appraisal or mortgage insurance required.

Last Agent to Sell the Property

Jason Ames

ERA ONETEAM REALTY License #3073867 Listed on: 01/23/2014

Last Buyer's Agent

DEANNA KERSHNER

ATLANTIC OCEAN REALTY License #704638

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,267

Year Built

  • Built in 1988

Lot Details

  • 8,750 Sq Ft Lot
  • 70 Feet of Waterfront
  • Property fronts a saltwater canal
  • East Facing Home
  • Property is zoned SFR-3

Parking

  • 2 Car Garage

Home Design

  • Split Level Home
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,723 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Water Views
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Eco-Friendly Details

  • Ventilation

Outdoor Features

  • Screened Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-11-31-7016-00040-1090

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,267

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Living Area: 1723
  • Lot Size Acres: 0.2
  • Year Built: 1988
  • Lot Size Sq Ft: 8750
  • Directions to Property: Palm Harbor Pkwy, right on Colechester, left on Columbia, right on Cochran, right on Corning
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.88035
  • Price per Sq Ft: 127.68
  • Close to Original List Price Ratio: 0.81512
  • View: No
  • Tax Year: 2013
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 7
  • Room Count: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Roof: Tile
  • Pool Private: No
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: Yes
  • Waterfront Frontage: 70

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Complex Community Name NCCB: PALM HARBOR

Lot Info

  • Zoning: SFR-3
  • Parcel Number: 07-11-31-7016-00040-1090
  • Price Per Acre: 1100000
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Indoor Air Qlty: Ventilation

Tax Info

  • Tax Annual Amount: 4267

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2014
Closed on
May 15, 2014
Sold by
Fannie Mae
Bought by
Deka Mitrajyoti and Deka Deepali
Seller's Agent
Jason Ames
ERA ONETEAM REALTY
Buyer's Agent
DEANNA KERSHNER
ATLANTIC OCEAN REALTY
List Price
$269,900
Sold Price
$220,000
Premium/Discount to List
-$49,900
-18.49%
Current Estimated Value
$550,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,584
Avg. Annual Appreciation
8.78%
Original Mortgage
$176,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2013
Sold by
Gaillard Charles
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 5, 2007
Sold by
Stedman James A and Stedman Katherine M
Bought by
Gaillard Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2000
Sold by
Stedman Donald J
Bought by
Stedman James A and Stedman Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
7.72%
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 Type Sale Price Title Company
Special Warranty Deed $220,000 Title & Abstract Agency Of A
Trustee Deed -- None Available
Warranty Deed $325,000 Mercury Title Company
Warranty Deed $156,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,000 New Conventional
Previous Owner $308,750 New Conventional
Previous Owner $140,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2014 11/01/14 Rented -- -- --
10/02/2014 10/02/14 Under Contract -- -- --
09/26/2014 09/26/14 For Rent $1,500 0.0% --
05/15/2014 05/15/14 Sold $220,000 -18.5% $128 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $269,900 -- $157 / 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 $5,952 $374,860 -- --
2023 $5,952 $363,942 $136,500 $227,442
2022 $5,507 $366,705 $138,250 $228,455
2021 $4,630 $246,348 $89,250 $157,098
2020 $4,211 $212,866 $70,000 $142,866
2019 $4,258 $212,866 $70,000 $142,866
2018 $4,174 $204,886 $66,500 $138,386
2017 $3,825 $187,623 $56,000 $131,623
2016 $3,767 $184,780 $0 $0
2015 $3,953 $192,484 $0 $0
2014 $3,980 $191,147 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC201686

Stellar MLS

APN: 07-11-31-7016-00040-1090