NOT LISTED FOR SALE

702 Cordova Ave Ormond Beach, FL 32174

Rio Vista Neighborhood

Estimated Value: $215,000 - $268,634

3 Beds
2 Baths
1,292 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $221,000 $171 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,625/month

124 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Living Room
  • Ceiling Fan

About This Home

As of December 2024

BANK APPROVED SHORT SALE. Cute 3 bedroom, 2 bath 1 car garage block home close to the river! Seller passed away and property is being sold ''AS IS'' and is a short sale. The process is already underway so we estimate a maximum of 6-8 weeks turnaround. Roof is 2012, according to permits, AC is 2021 and Hot Water Heater is 2012. Property is so cute, has so much character. Just needs someone to show it a little love! All offers are contingent upon short sale approval. All information taken from the tax record, and while deemed reliable, cannot be guaranteed.

Last Agent to Sell the Property

Geraldine Westfall

Simply Real Estate License #0667010 Listed on: 08/09/2024

Last Buyer's Agent

Lisa Palermo

Simply Real Estate License #3460487

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $357

Year Built

  • Built in 1957

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Back Yard Fenced
  • Chain Link Fence

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,292 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Laundry in unit

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Assumable Lease
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Rio Vista Subdivision

Listing and Financial Details

  • Court or third-party approval is required for the sale
  • Assessor Parcel Number 4242-20-32-0200

Home Details

Home Type

Single Family

Est. Annual Taxes

$357

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 50x150
  • Subdivision Name: Rio Vista
  • Directions: From Granada Blvd go south on Yonge St (US-1) 1.6 miles to left on Seville St; to left on Cordova Ave; go to 702 on left
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1957
  • Reso Property Type: Residential
  • Roof:Shingle: Yes
  • General Property Information Lot Size Acres: 0.1722
  • General Property Information Lot Size Dimensions: 50x150
  • General Property Information CDD Fee YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information:Stories: 1
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 4242-20-32-0200
  • Location Tax and Legal:Tax Annual Amount: 357.0
  • Location Tax and Legal:Tax Year: 2023
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Flooring Wood: Yes
  • Room Types Bedroom 2 Level: Main
  • Utilities Sewer Connected: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Room Types Living Room: Yes
  • Room Types Living Room Level: Main
  • Room Types Other Room: Yes
  • Foundation Details Slab: Yes
  • Architectural Style Ranch: Yes
  • Fencing Back Yard: Yes
  • Listing Terms Assumable: Yes
  • Fencing:Chain Link: Yes
  • Contingency Reason 3rd Party Approval: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1292.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Fencing: Back Yard, Chain Link
  • Pool Features: None
  • Waterfront: No
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 7501.03
  • Parcel #: 4242-20-32-0200
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 357.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Dec 16, 2024
Sold by
Lancaster Patricia
Bought by
Palermo Nicholas J and Palermo Anthony
Seller's Agent
Geraldine Westfall
Simply Real Estate
Buyer's Agent
Lisa Palermo
Simply Real Estate
List Price
$229,900
Sold Price
$221,000
Premium/Discount to List
-$8,900
-3.87%
Views
130
Current Estimated Value
$243,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,364
Avg. Annual Appreciation
9.19%
Original Mortgage
$214,370
Outstanding Balance
$212,072
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$30,087

Purchase Details

Listed on
Aug 12, 2014
Closed on
Mar 31, 2015
Sold by
Jas Land Holdings I Llc
Bought by
Lancaster Julian B and Lancaster Patricia
Seller's Agent
Kim Augustine
Adams, Cameron & Co., Realtors
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$122,500
Sold Price
$122,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$122,500
Interest Rate
3.87%
Mortgage Type
VA

Purchase Details

Closed on
Dec 20, 2011
Sold by
Hudak Cyril and Hudak Nancy
Bought by
Jas Land Holdings I Llc

Purchase Details

Closed on
Apr 15, 1990
Bought by
Lancaster Julian B and Lancaster Patricia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palermo Nicholas J $221,000 None Listed On Document
Lancaster Julian B $122,500 Adams Cameron Title Svcs Inc
Jas Land Holdings I Llc $43,000 Adams Cameron Title Svcs Inc
Lancaster Julian B $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palermo Nicholas J $214,370
Previous Owner Lancaster Julian B $122,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2024 12/16/24 Sold $221,000 -1.7% $171 / Sq Ft
10/30/2024 10/30/24 Price Changed $224,900 -6.3% $174 / Sq Ft
10/28/2024 10/28/24 Price Changed $239,900 +4.3% $186 / Sq Ft
08/09/2024 08/09/24 For Sale $229,900 +87.7% $178 / Sq Ft
03/31/2015 03/31/15 Sold $122,500 0.0% $95 / Sq Ft View Prior Sale
02/23/2015 02/23/15 Pending -- -- --
08/12/2014 08/12/14 For Sale $122,500 -- $95 / 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 $4,203 $263,128 $29,890 $233,238
2024 $357 $158,289 -- --
2023 $357 $153,679 $0 $0
2022 $334 $149,203 $0 $0
2021 $334 $144,857 $0 $0
2020 $327 $142,857 $0 $0
2019 $327 $139,645 $21,133 $118,512
2018 $500 $111,991 $0 $0
2017 $437 $109,688 $10,184 $99,504
2016 $2,583 $107,553 $0 $0
2015 $1,698 $95,719 $0 $0
2014 $1,481 $75,905 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Geraldine Westfall

    Seller's Agent in 2024

    Geraldine Westfall

    Simply Real Estate

    (386) 677-5594

    2 in this area

    410 Total Sales

    Geraldine Westfall
    Section Image

  • L

    Buyer's Agent in 2024

    Lisa Palermo

    Simply Real Estate

    (678) 689-9023

    1 in this area

    11 Total Sales

    Lisa Palermo
    Section Image

  • K

    Seller's Agent in 2015

    Kim Augustine

    Adams, Cameron & Co., Realtors

  • K

    Buyer's Agent in 2015

    Karen Nelson

    Nonmember office

    (386) 677-7131

    23 in this area

    9,030 Total Sales

    Karen Nelson
    Section Image
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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1202568

Daytona Beach Area Association of REALTORS®

APN: 4242-20-32-0200

Florida Volusia County Ormond Beach 32174 Rio Vista

702 Cordova Ave, Ormond Beach, FL

Not Listed for Sale

Detached

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