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Ormond-by-the-Sea 32176 Roberta Heights
122 Laurie DRIVE
$296,000
● House - Off Market

122 Laurie DRIVE

ORMOND BEACH, FL 32176
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,121 Ft²
$1,874
Est. Monthly
7.08%
Cap Rate

About This Property

Walk to the beach! Beautiful 3 bedroom 2 bath remodeled bungalow is located just a short walk from the Al Weeks Sr. beach access in Ormond! Tucked between the river and the ocean, you can enjoy both the oceanfront park or riverfront fishing park where you can launch your own kayak. This home is completely move-in ready! Newer stainless steel appliances, tile through out with carpet in the bedrooms. Kitchen has lots of cabinet space. Newer vanity, sink, and fixtures in the bathroom. Indoor laundry is located off of the kitchen. This cute bungalow is just 1/2 block to the ocean. The perfect location for those beach lovers. This home is ideal for a vacation home or investment. Newer Roof and AC .  This is a must see!
Unit Size
1,121 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$290
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1955

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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 #FC296807)

Price History

Date / Event Date Event Price
Mar 19, 2024 Sold
Premium
Sold
Feb 11, 2024 In contract -
In contract
Feb 4, 2024 Relisted $324,999
Relisted
Feb 4, 2024 In contract -
In contract
Jan 25, 2024 Price Decreased $324,999
↓ $44K (11.9%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 10
  • 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: 3
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,121
  • Gross Building Area: 1,121
  • Building Area: 1,121
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,121
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROBERTA HEIGHTS MB
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 73 SEC 2 ROBERTA HEIGHTS MB 19 PG 101 IN OAKDALE PARK INC PER OR 4926 PG 0218 PER OR 5562 PG 0034 PER OR 6430 PGS 2369-2370 PER OR 6448 PG 1080 PER OR 6448 PG 1081

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 080300

Zoning

  • Zoning: 01R4

Geography

  • Assessors Map Reference: E1-0027-34
  • Account Number: 2979143
  • Section: 2
  • Subdivision Tract Number: 02
  • Parcel: 3234-02-00-0730
  • Lot: 73
  • Meridian: SEC 34 TWN 13S RNG 32E
  • Municipality: UNINCORPORATED - NORTHEAST
  • Latitude: 29.3331
  • Longitude: -81.0616

    Address

  • Full Address: 122 Laurie Dr
  • Address - House Number: 122
  • Address - Street Name: Laurie
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 3216
  • Zip Code: 32176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $333,007
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.0975
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 315,974
  • High Value: 346,797
  • Low Value: 285,152

    Market Valuation

  • Market Total Value: $225,849
  • Market Land Value: $92,950
  • Market Improvement Value: $132,899

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,849
  • Assessed Land Value: $92,950
  • Assessed Improvements Value: $132,899

    Sales

  • Current Sale Contract Date: Mar 01, 2024
  • Current Sale Recording Date: Mar 19, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 53420
  • Previous Sale Recording Date: Feb 23, 2010
  • Previous Sale Contract Date: Feb 15, 2010
  • Previous Sale Amount: $67,000
  • Previous Sale Document Type: 68
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 Roberta Heights

Stats & Trends

Median Asking:

$384,500

Sale Price/ft²

$355

Below Asking

0.04%

Average Days on Market

63

Average Home Size

1108 ft²

Average Home Age

70 years

Currently For Sale

0 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 37 Berkley Road, Ormond Beach, FL, 32176

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,237 ft²
37 Berkley Road, Ormond Beach, FL, 32176 Listing by Michelle Ortelli
Unit for rent at 118 Roberta Road, ORMOND BEACH, FL, 32176

$2,450 /mo

  • 2 Beds
  • 1 Bath
  • 965 ft²
118 Roberta Road, ORMOND BEACH, FL, 32176 Listing by Phyllis Kent

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Shelley DeVito
HAMMOCK REAL ESTATE GROUP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC296807
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 122 Laurie Drive built and last sold?
The property at 122 Laurie Drive was built in 1955 and last sold on Mar 1, 2024 for $296,000.
How much is this home worth?
The estimated value of the home located at 122 Laurie Drive is $0.
What are some comparable homes to 122 Laurie Drive?
There are currently no comparable homes to 122 Laurie Drive.
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