NOT LISTED FOR SALE

95 Wellwood Ln Palm Coast, FL 32164

Estimated Value: $435,000 - $484,000

6 Beds
4 Baths
2,527 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $280,000 $111 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,927/month

16 Days on Market

Highlights

  • Home fronts a canal
  • Multiple cooling system units
  • Garage
  • Wooded Lot
  • Central Heating and Cooling System

About This Home

As of March 2018

Fabulous duplex located on a fresh water canal in the Pine Lakes neighborhood of Palm Coast! This has been well maintained with fantastic rental history and is currently fully leased for immediate income. Each side is a 3 Bed/ 2 Bath with a 2 CAR GARAGE!! Open concept w tile throughout the living areas. Vaulted ceilings and large front windows provide good natural light. Both sides have screened and covered lanai's backing to a fresh water canal for privacy and tranquility. Freshly painted in June 2017. New Carrier A/C systems in both units September 2015. New refrigerator side A December 2017. Irrigation replaced February 2017. Great property for an investor, multi generational family, or someone wanting to live in one side and rent the other unit for additional income.

Last Agent to Sell the Property

BRETT BERDOLL

Realty Evolution Inc License #3141492 Listed on: 01/28/2018

Last Buyer's Agent

Julie Sabine

Realty Exchange, LLC. License #3080128

Realty Exchange, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,557

Year Built

  • Built in 2004

Lot Details

  • Home fronts a canal
  • Front and Back Yard Sprinklers
  • Wooded Lot

Parking

  • Garage

Home Design

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

Interior Spaces

  • 6 Bedrooms
  • 2,527 Sq Ft Home
  • Canal Views
  • Washer and Gas Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heat Pump System
  • Agricultural Well Water Source
  • Well

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • The owner pays for exterior maintenance, grounds care, insurance, management, taxes
  • Assessor Parcel Number 07-11-31-7021-00010-0370

Community Details

Overview

  • 2 Units
  • Not On The List Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $1,875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,557

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 11315
  • Subdivision Name: Not On The List
  • Directions: I-95 to West on Palm Coast Pkwy. L on Pine Lakes Pkwy. L on Wellwater Dr. L on Wellwood Ln. Duplex on Left.
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2004
  • Reso Property Type: ResidentialIncome
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Dimensions: 11315
  • Location Tax and Legal:Parcel Number: 07-11-31-7021-00010-0370
  • Location Tax and Legal:Tax Annual Amount: 3557.0
  • Location Tax and Legal:Tax Year: 2017
  • Cooling:Central Air: Yes
  • Water Source:Public: Yes
  • ViewCanal: Yes
  • Cooling:Multi Units: Yes
  • Water Source:Well: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Owner Pays:Exterior Maintenance: Yes
  • Owner Pays:Grounds Care: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Details Furnished3: Unfurnished
  • Unit 2 Details Furnished4: Unfurnished
  • Gross Scheduled Income: 22500.0
  • Laundry Features Gas Dryer Hookup: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Disposal, Dishwasher
  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Management, Taxes
  • Total Bedrooms: 6
  • Living Area: 2527.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Lot Features: Sprinklers In Front, Sprinklers In Rear, Wooded
  • View: Canal
  • Waterfront Features: Canal Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Roof: Shingle
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • Waterfront Features:Canal Front: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage
  • Parking Features:Garage: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Heating:Central: Yes
  • Heating:Heat Pump: Yes
  • Heating:Electric3: Yes

Lot Info

  • Current Use: Single Family
  • Parcel #: 07-11-31-7021-00010-0370

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1875.0

Tax Info

  • Tax Annual Amount: 3557.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2018
Closed on
Mar 26, 2018
Sold by
Berdoll Louis R
Bought by
Rossi Jorge L and Rossi Nelly M
Seller's Agent
BRETT BERDOLL
Realty Evolution Inc
Buyer's Agent
Julie Sabine
Realty Exchange, LLC.
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$462,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,930
Avg. Annual Appreciation
6.86%
Original Mortgage
$196,000
Outstanding Balance
$168,321
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$294,609

Purchase Details

Closed on
Sep 23, 2005
Sold by
Arnold James L and Arnold Phyllis Jo
Bought by
Berdoll Louis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,250
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
River City Homes & Dev Corp
Bought by
Arnold James L and Arnold Phyllis Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2003
Sold by
Sweeney Frank J and Sweeney Gloria L
Bought by
River City Homes & Dev Corp
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 Buyer Sale Price Title Company
Rossi Jorge L $280,000 Southern Title Holding Co Ll
Berdoll Louis R $283,000 Dba Palm Coast Abstract & Ti
Arnold James L $199,000 --
River City Homes & Dev Corp $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rossi Jorge L $196,000
Previous Owner Berdoll Louis R $212,250
Previous Owner Arnold James L $149,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2018 03/26/18 Sold $280,000 0.0% $111 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
01/28/2018 01/28/18 For Sale $280,000 -- $111 / 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
2024 $5,984 $372,305 $50,500 $321,805
2023 $5,984 $303,744 $0 $0
2022 $5,767 $368,617 $51,000 $317,617
2021 $4,978 $266,510 $27,500 $239,010
2020 $4,543 $232,844 $20,000 $212,844
2019 $4,150 $207,461 $21,850 $185,611
2018 $3,956 $204,179 $18,050 $186,129
2017 $3,557 $178,793 $17,100 $161,693
2016 $3,194 $156,665 $0 $0
2015 $3,008 $146,461 $0 $0
2014 $2,895 $139,049 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1038630

Daytona Beach Area Association of REALTORS®

APN: 07-11-31-7021-00010-0370