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Port Orange 32129
1140 Meditation LOOP
$280,000
● House - Off Market

1140 Meditation LOOP

PORT ORANGE, FL 32129
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,177 Ft²
$1,437
Est. Monthly
$27
HOA / Fees
9.32%
Cap Rate

About This Property

Buyer financing fell thru and we are BACK ON THE MARKET with this amazing property.  Welcome to your Port Orange paradise! This charming single-family gem offers 1,177 sq ft of beautifully finished space with LVT plank flooring throughout. Revel in the updated kitchen boasting sleek gray granite countertops and newer stainless appliances, complemented by a cozy breakfast nook. The open living area with its soaring ceilings creates an inviting ambiance, while updated bathrooms and ample storage enhance convenience.  Beyond the walls, discover a fenced backyard featuring an 18' above-ground pool-an oasis for relaxation and entertainment. Enjoy the convenience of an enclosed under-air laundry room and a garage converted for additional storage. Nestled in Port Orange, relish the proximity to top-rated schools and a mere 10-minute drive to both the interstate and the beach. Experience the unique blend of coastal living and suburban convenience in this delightful home!
Unit Size
1,177 Ft²
Days on Market
82 days
Land Size
0.11 acres
Price per sqft
$242
Property Type
House
Property Taxes
$10
HOA Dues
$27
Year Built
1990

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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: 3 years ago (Stellar MLS #V4933580)

Price History

Date / Event Date Event Price
Mar 4, 2024 Sold
Premium
Sold
Feb 17, 2024 In contract -
In contract
Feb 4, 2024 Relisted $275,000
Relisted
Feb 4, 2024 Price Increased $285,000
↑ $10K (3.6%)
Price Increased
Dec 11, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,739
  • Total Building Area: 1,425
  • Gross Building Area: 1,425
  • Building Area: 1,125
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,125
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BENNETTS HAMMOCK REPLAT MB
  • Land Acres: 0000000109
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 6 TRACT II BENNETTS HAMMOCK REPLAT MB 42 PG 138 PER OR 4369 PG 3007 PER OR 5737 PGS 3088-3090 PER OR 5955 PG 0117 PER OR 6895 PG 3229 PER OR 6926 PG 3202 PER OR 6932 PG 2412 PER OR 7000 PGS 2707-2708

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 082506

Geography

  • Assessors Map Reference: E2-0033-05
  • Account Number: 5088286
  • Subdivision Tract Number: 2
  • Parcel: 6305-09-00-0060
  • Lot: 6
  • Meridian: SEC 05 TWN 16S RNG 33E
  • Municipality: PORT ORANGE
  • Latitude: 29.1381
  • Longitude: -81.0176

    Address

  • Full Address: 1140 Meditation Loop
  • Address - House Number: 1140
  • Address - Street Name: Meditation
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Port Orange
  • Carrier Code: R009
  • 4-Digit Zip Code: 5014
  • Zip Code: 32129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,000
  • Tax Rate Code Area: 402

    Appraisal Valuation

  • Standard Deviation: 0.0966
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 91
  • Final Value: 272,322
  • High Value: 298,642
  • Low Value: 246,002

    Market Valuation

  • Market Total Value: $190,256
  • Market Land Value: $40,000
  • Market Improvement Value: $150,256

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,660

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2024
  • Current Sale Recording Date: Mar 04, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 40946
  • Previous Sale Recording Date: Jun 17, 2014
  • Previous Sale Contract Date: Jun 16, 2014
  • Previous Sale Amount: $130,000
  • 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 Port Orange

Stats & Trends

Median Asking:

$355,990

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1790 ft²

Average Home Age

34.3 years

Currently For Sale

228 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 2006 Edison Pointe Boulevard, SOUTH DAYTONA, FL, 32119

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,441 ft²
2006 Edison Pointe Boulevard, SOUTH DAYTONA, FL, 32119 Listing by Shawna Lewis
Unit for rent at 4613 Barnacle Drive, PORT ORANGE, FL, 32127

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,057 ft²
4613 Barnacle Drive, PORT ORANGE, FL, 32127 Listing by Lori Schmerler
Unit for rent at 3846 Long Grove Lane, PORT ORANGE, FL, 32129

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,137 ft²
3846 Long Grove Lane, PORT ORANGE, FL, 32129 Listing by Derrick Thomas

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Brannon Owens
KELLER WILLIAMS RLTY FL. PARTN
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# V4933580
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 1140 Meditation Loop built and last sold?
The property at 1140 Meditation Loop was built in 1990 and last sold on Feb 26, 2024 for $280,000.
How much is this home worth?
The estimated value of the home located at 1140 Meditation Loop is $0.
What are some comparable homes to 1140 Meditation Loop?
There are currently no comparable homes to 1140 Meditation Loop.
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