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Ormond Beach 32174 Oak Forest
11 LARISA TERRACE
$408,000
● House - Off Market

11 LARISA TERRACE

ORMOND BEACH, FL 32174
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,825 Ft²
$2,308
Est. Monthly
5.31%
Cap Rate

About This Property

VERY NICE 3 BEDROOM 2 BATH 2 CAR BRICK POOL HOME IN VERY DESIRABLE NORTHBROOK AREA OF ORMOND BEACH!! Located at end of CUL De Sac. Property has been meticulously maintained and updated with new kitchen cabinets with soft close drawers, double pane windows, Granite counter tops, inside laundry, wood burning fireplace, brand new complete a/c system. Roof replaced with Architectural shingles less than 10 years ago. Vinyl fenced yard. Private pool enclosure. Tile and wood flooring. All measurements considered accurate but not warranted. Better hurry this beauty will not last long!!!
Unit Size
1,825 Ft²
Days on Market
90 days
Land Size
0.31 acres
Price per sqft
$235
Property Type
House
Property Taxes
$201
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (Stellar MLS #FC309356)

Price History

Date / Event Date Event Price
Jul 29, 2025 Sold
Premium
Sold
May 29, 2025 In contract -
In contract
Apr 29, 2025 Listed by HART PRO REALTY $429,000
Listed by HART PRO REALTY
Mar 2, 2017 Sold
Premium
Sold
Aug 25, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 16
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 4

    Dimensions

  • Lot Size Square Feet: 13,528
  • Total Building Area: 2,331
  • Gross Building Area: 2,331
  • Building Area: 1,825
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,825
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST PHASE III REPLAT MB
  • Land Acres: 0000000311
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 64 OAK FOREST PHASE III REPLAT MB 34 PG 161 PER OR 4054 PG 4646 PER OR 7127 PG 3110 PER OR 7129 PG 2029 PER OR 7155 PG 1664 PER OR 7185 PG 3933 PER OR 7367 PG 2495 PER UNREC D/C

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 080700

Geography

  • Assessors Map Reference: E1-0027-28
  • Account Number: 3008677
  • Subdivision Phase Number: 3
  • Subdivision Tract Number: 21
  • Parcel: 3242-21-03-0640
  • Lot: 64
  • Meridian: SEC 42 TWN 13S RNG 32E
  • Municipality: ORMOND BEACH
  • Latitude: 29.3157
  • Longitude: -81.0726

    Address

  • Full Address: 11 Larisa Ter
  • Address - House Number: 11
  • Address - Street Name: Larisa
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C029
  • 4-Digit Zip Code: 3927
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $233,961
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 438,852
  • High Value: 522,319
  • Low Value: 355,384

    Market Valuation

  • Market Total Value: $333,752
  • Market Land Value: $59,500
  • Market Improvement Value: $274,252

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,998

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 24, 2017
  • Current Sale Recording Date: Mar 02, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017-042329
  • Previous Sale Recording Date: Aug 25, 2015
  • Previous Sale Contract Date: Aug 01, 2015
  • Previous Sale Amount: $182,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Oak Forest

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$227

Below Asking

0.05%

Average Days on Market

51

Average Home Size

2168 ft²

Average Home Age

43.3 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 54 River Shore, ORMOND BEACH, FL, 32176

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,050 ft²
54 River Shore, ORMOND BEACH, FL, 32176 Listing by Richard Zimmer

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Paul Hart
HART PRO REALTY
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# FC309356
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 11 Larisa Terrace built and last sold?
The property at 11 Larisa Terrace was built in 1978 and last sold on Feb 24, 2017 for $225,000.
How much is this home worth?
The estimated value of the home located at 11 Larisa Terrace is $0.
What are some comparable homes to 11 Larisa Terrace?
There are currently no comparable homes to 11 Larisa Terrace.
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