NOT LISTED FOR SALE

7 Margaret Rd Ormond Beach, FL 32176

Estimated Value: $281,830 - $329,000

2 Beds
2 Baths
1,060 Sq Ft
$286/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $110,000 $104 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,684/month

25 Days on Market

Highlights

  • No HOA
  • Living Room
  • 1-Story Property
  • 1 Car Attached Garage
  • Tile Flooring
  • 4-minute walk to Al Weeks Sr. North Shore Park

About This Home

As of June 2015

Rare find! Beachside bungalow very close to the ocean AND that has a living room, big family room, two bedrooms and two bathrooms! The yard is big and there is a 1 car garage with more storage space. The second bathroom is off the family room in the back, which is perfect for guests! Come take a look at this GREAT LOCATION beachside bungalow! You wont be disappointed! Easy to see, just call us! This is a Fannie Mae Homepath Property... All information recorded in the MLS is intended to be accurate, but not guaranteed.

Last Agent to Sell the Property

Carol Blawn

EXIT Beach Realty License #0490587 Listed on: 03/26/2015

Last Buyer's Agent

Clyde Malloy

Adams, Cameron & Co., Realtors License #3265297

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,089

Year Built

  • Built in 1955

Lot Details

  • 5,009

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Lot Dimensions are 50x100
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ormond Ocean Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 323403000060

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,089

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 50x100
  • Subdivision Name: Ormond Ocean Gardens
  • Directions: From Granada go North on A1A (Ocean Shore) past Publix then left on Margaret
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1955
  • Reso Property Type: Residential
  • Roof:Shingle: Yes
  • General Property Information Lot Size Dimensions: 50x100
  • General Property Information Homestead YN: No
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 323403000060
  • Location Tax and Legal:Tax Annual Amount: 2089.0
  • Location Tax and Legal:Tax Year: 2013
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Room Types Living Room: Yes
  • Room Types Family Room: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1060.0
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Roof: Shingle
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Parcel #: 323403000060

Tax Info

  • Tax Annual Amount: 2089.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2018
Sold by
Olson Lawrence E and Chu Anita
Bought by
Olson Lawrence E
Current Estimated Value
$302,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,400
Outstanding Balance
$102,685
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$200,273

Purchase Details

Closed on
May 5, 2016
Sold by
Lawrence Olson E and Chu Anita
Bought by
Lawrence Olson E

Purchase Details

Listed on
Mar 26, 2015
Closed on
Jun 26, 2015
Sold by
Fannie Mae
Bought by
Olson Lawrence E and Chu Anita
Seller's Agent
Carol Blawn
EXIT Beach Realty
Buyer's Agent
Clyde Malloy
Adams, Cameron & Co., Realtors
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$122,175
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2014
Sold by
Lurati Nestor D and Torrecillas Teresita
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Dec 10, 2014
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 17, 2005
Sold by
Murthy Raman C and Murthy Leela I
Bought by
Lurati Nestor D and Torrecillas Teresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2002
Sold by
Murthy Raman C and Murthy Leela
Bought by
Murthy Raman C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.15%

Purchase Details

Closed on
Nov 21, 2002
Sold by
Cordeiro Hector M
Bought by
Murthy Raman C and Murthy Leela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.15%

Purchase Details

Closed on
Jul 18, 1997
Sold by
Adams Thomas C and Adams Isabel A
Bought by
Cordeiro Hector M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
7.61%
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
Olson Lawrence E -- Adams Cxameron Title Service
Lawrence Olson E -- None Available
Lawrence Olson E -- None Available
Olson Lawrence E $110,000 Reo Title Company Of Fl Llc
Green Tree Servicing Llc $161,000 Attorney
Federal National Mortgage Association -- Attorney
Lurati Nestor D $229,000 Associated Land Title Group
Murthy Raman C -- --
Murthy Raman C $102,500 --
Cordeiro Hector M $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Lawrence E $121,400
Previous Owner Olson Lawrence E $122,175
Previous Owner Lurati Nestor D $183,200
Previous Owner Murthy Raman C $82,000
Previous Owner Cordeiro Hector M $57,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2015 06/29/15 Sold $110,000 0.0% $104 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $110,000 -- $104 / 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 $1,164 $118,567 -- --
2024 $1,042 $115,226 -- --
2023 $1,042 $111,870 $0 $0
2022 $970 $108,612 $0 $0
2021 $949 $105,449 $0 $0
2020 $924 $103,993 $0 $0
2019 $3,331 $150,613 $47,250 $103,363
2018 $827 $99,760 $0 $0
2017 $803 $97,708 $0 $0
2016 $810 $95,698 $0 $0
2015 $2,160 $84,267 $0 $0
2014 $1,850 $71,356 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 569372

Daytona Beach Area Association of REALTORS®

APN: 3234-03-00-0060