NOT LISTED FOR SALE

Estimated Value: $4,349,475

1.55 Acres
$2,806,113 Price per Acre
67,518 Sq Ft Lot

Last Sold February 26, 2018

Last sale price $650,000

Est. 569% increase in value since last sale

Current estimated payment $25,462/month

167 Days on Market

About This Lot

As of February 2018

1.55 acres of vacant land currently in permitting process for three buildings office/flex/retail totaling 11,5000 sq. ft. Smallest building is 2500 sq.ft., largest is 6000 sq.ft. Excellent for retail with limited warehousing, general office (medical, dental, etc.), free standing bank, auto parts store, or office/condo applications. Price includes all permits except building permit. Property occupies northwest corner of State Road 5A (Nova Road) and Fleming Ave in the city of Ormond Beach in the Daytona Beach MSA.Signalized intersection is occupied by a convenience store. Site has frontage on two streets with 200 feet on Nova Road and 116 feet on Fleming. Easy access!; Cleared: No

Last Agent to Sell the Property

Bob DeRose

COLDWELL BANKER SURFCOAST RLTY License #3034451 Listed on: 12/28/2006

COLDWELL BANKER SURFCOAST RLTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,157

Lot Details

  • 1.55 Acre Lot
  • Property is zoned B-5

Community Details

  • Tara Subdivision

Listing and Financial Details

  • Assessor Parcel Number 424299000010

Property Details

Property Type

Land

Est. Annual Taxes

$21,157

Lot Details

0

Listing Details

  • HOA Fee Includes: None
  • Property Type: Land
  • Lot Size Acres: 1.55
  • Directions to Property: Nova Rd. north to Fleming, property is on northwest corner of intersection.
  • Status: Sold
  • Street Direction: S
  • List Office Head Office Key Nume: 1044787
  • Total Acreage: 1 to less than 2
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 780

Exterior Features

  • Road Frontage Type: Access Road
  • Road Surface Type: Asphalt

Utilities

  • Utilities: Other
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Development: None

Lot Info

  • Zoning: B-5
  • Parcel Number: 424299000010
  • Lot Features: City Limits
  • Lot Dimensions: X

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2014
Sold by
Bobbe Iii Llc
Bought by
780 Ormond Llc
Current Estimated Value
$4,349,475

Purchase Details

Closed on
May 7, 2010
Sold by
Trc Nova Llc
Bought by
Bobbe Iii Llc

Purchase Details

Closed on
Jan 7, 2008
Sold by
Nova Fleming Investors Llc
Bought by
Trc Nova Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,662,411
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2006
Sold by
Ftw Holdings Llc
Bought by
Nova Fleming Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 2004
Sold by
Taylor Ralph N and Radcliffe Harry
Bought by
F T W Holdings L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2004
Sold by
Grant Shirley and Moschetti Lorna L
Bought by
Taylor Ralph N and Radcliffe Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.03%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
780 Ormond Llc $1,784,706 Chicago Title Insurance Co
Bobbe Iii Llc $1,721,650 Attorney
Trc Nova Llc $675,000 Attorney
Nova Fleming Investors Llc $435,000 Attorney
F T W Holdings L L C $250,000 --
Taylor Ralph N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bobbe Iii Llc $1,195,000
Previous Owner Trc Nova Llc $1,662,411
Previous Owner Nova Fleming Investors Llc $335,000
Previous Owner F T W Holdings L L C $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2018 02/26/18 Sold $650,000 -7.0% --
06/14/2007 06/14/07 Pending -- -- --
12/28/2006 12/28/06 For Sale $699,000 -- --
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
2025 $21,157 $1,203,883 $326,700 $877,183
2024 $21,157 $1,179,736 $326,700 $853,036
2023 $21,157 $1,130,311 $326,700 $803,611
2022 $19,715 $1,030,620 $326,700 $703,920
2021 $19,921 $974,826 $326,700 $648,126
2020 $19,759 $966,241 $347,119 $619,122
2019 $19,088 $916,340 $347,119 $569,221
2018 $19,007 $897,814 $347,119 $550,695
2017 $18,869 $861,729 $347,119 $514,610
2016 $18,522 $816,838 $0 $0
2015 $19,176 $817,545 $0 $0
2014 $18,754 $807,692 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS605770

Stellar MLS

APN: 4242-99-00-0010