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Volusia 32174
1215 Arroyo PARKWAY
$220,000
● House - Off Market

1215 Arroyo PARKWAY

ORMOND BEACH, FL 32174
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$220,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Back on the market! Cash or conventional only. Seller will not entertain any assignments. This home needs some TLC. Priced accordingly. AC 2019. Roof newer. Has good bones! 4 bedroom 2 bath with an IN GROUND swimming pool! Great investment, rental property, or the perfect starter family home. Call for private tour today.
Unit Size
1,456 Ft²
Days on Market
49 days
Land Size
0.16 acres
Price per sqft
$151
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1975

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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 #FC294689)

Price History

Date / Event Date Event Price
Nov 3, 2023 Sold
Premium
Sold
Oct 22, 2023 In contract -
In contract
Oct 18, 2023 Relisted $244,000
Relisted
Oct 18, 2023 Price Decreased $220,000
↓ $24K (9.8%)
Price Decreased
Oct 12, 2023 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 10
  • 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: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,456
  • Gross Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLEMING FITCH GRANT
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: W 70 FT OF N 100 FT OF LOT 16 BLK 20 FLEMING FITCH GRANT PER OR 5096 PG 2671 PER OR 5499 PG 4532 PER OR 5720 PGS 3691-3692 PER OR 6032 PG 3690 PER OR 7129 PG 1600 PER OR 7165 PG 2840 PER OR 7758 PG 2425 PER OR 7884 PG 3811 PER OR 8393 PG 4546

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 080805

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: E1-0028-28
  • Account Number: 3168097
  • Subdivision Tract Number: 04
  • Parcel: 4242-04-20-0166
  • Block: 20
  • Lot: 16
  • Meridian: SEC 42 TWN 14S RNG 32E
  • Municipality: UNINCORPORATED - NORTHEAST
  • Latitude: 29.2554
  • Longitude: -81.0759

    Address

  • Full Address: 1215 Arroyo Pkwy
  • Address - House Number: 1215
  • Address - Street Name: Arroyo
  • Address - Suffix Type: Pkwy
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C059
  • 4-Digit Zip Code: 7283
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $332,521
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.206
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 271,271
  • High Value: 327,159
  • Low Value: 215,384

    Market Valuation

  • Market Total Value: $186,113
  • Market Land Value: $25,883
  • Market Improvement Value: $160,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,113
  • Assessed Land Value: $25,883
  • Assessed Improvements Value: $160,230

    Sales

  • Current Sale Contract Date: Oct 31, 2023
  • Current Sale Recording Date: Nov 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 225756
  • Previous Sale Recording Date: Oct 10, 2019
  • Previous Sale Contract Date: Oct 08, 2019
  • Previous Sale Amount: $175,000
  • 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 Volusia

Stats & Trends

Median Asking:

$349,999

Sale Price/ft²

$214

Below Asking

0.03%

Average Days on Market

80

Average Home Size

1774 ft²

Average Home Age

34.7 years

Currently For Sale

3036 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 1611 Spring Garden Court, Holly Hill, FL, 32117

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,664 ft²
1611 Spring Garden Court, Holly Hill, FL, 32117 Listing by Silvio C Matri

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Sydney Mariano
TRADEMARK REALTY GROUP LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC294689
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 1215 Arroyo Parkway built and last sold?
The property at 1215 Arroyo Parkway was built in 1975 and last sold on Oct 31, 2023 for $220,000.
How much is this home worth?
The estimated value of the home located at 1215 Arroyo Parkway is $0.
What are some comparable homes to 1215 Arroyo Parkway?
There are currently no comparable homes to 1215 Arroyo Parkway.
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