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Ormond Beach 32174 Ormond Terrace
292 Greenwood AVENUE
$315,000
● House - Off Market

292 Greenwood AVENUE

ORMOND BEACH, FL 32174
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,548 Ft²
$338,143
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

.Wow! Welcome Home, This Awesome, Clean and Cute as a Button, Block and Stucco, 3 bedroom 2 bath Pool Home located minutes to the Beach and walking distance to Sanchez Park (which is an 8.4 acre park Boat Launch, fishing, gazebo picnic and playground). This home has had many recent updates. Freshly Painted inside and out, New Backsplash in Kitchen, Newer Hot water heater, Updated Kitchen, A/C 2016, New Flooring in Living Room and Bedrooms, New Pool Pump, All appliances are included with the house. Split floor plan with Living Room and Back Family Room with Natural Fireplace. 2 Sliding door walls leading to the Pool Area. Covered Lanai with Paver Patio. Fenced yard, BBQ area, 2 car attached garage. Highest and best Due by Monday 5/10/2021 5:00pm
Unit Size
1,548 Ft²
Days on Market
65 days
Land Size
0.17 acres
Price per sqft
$187
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1973

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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 #V4918754)

Price History

Date / Event Date Event Price
Feb 24, 2023 Sold
Premium
Sold
Feb 8, 2023 No longer available -
No longer available
Jan 20, 2023 Listed by CHARLES RUTENBERG REALTY ORLANDO $409,900
Listed by CHARLES RUTENBERG REALTY ORLANDO
Jul 13, 2021 Sold
Premium
Sold
Apr 26, 2021 Listed by CHARLES RUTENBERG REALTY ORLANDO $289,000
Listed by CHARLES RUTENBERG REALTY ORLANDO
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2001
  • 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: 6
  • Interior Walls Type: 6
  • 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: 529
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 63
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,077
  • Gross Building Area: 2,077
  • Building Area: 1,548
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORMOND TERRACE ANNEX MB
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: E 48 FT OF LOTS 21 & 22 & W 27 FT OF N 100 FT OF LOT 23 BLK 2 ORMOND TERRACE ANNEX MB 10 PG 137 PER OR 4102 PGS 1399-1400 PER OR 6806 PG 1250 PER OR 6888 PG 4453 PER OR 8082 PG 1634 PER OR 8372 PG 2050

Neighborhood

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

Geography

  • Assessors Map Reference: E1-0028-16
  • Account Number: 3155041
  • Subdivision Tract Number: 03
  • Parcel: 4240-03-02-0210
  • Block: 2
  • Lot: 21-23
  • Meridian: SEC 40 TWN 14S RNG 32E
  • Municipality: ORMOND BEACH
  • Latitude: 29.2933
  • Longitude: -81.0694

    Address

  • Full Address: 292 Greenwood Ave
  • Address - House Number: 292
  • Address - Street Name: Greenwood
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 5278
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $536,912
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1893
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 424,918
  • High Value: 505,394
  • Low Value: 344,443

    Market Valuation

  • Market Total Value: $345,524
  • Market Land Value: $37,170
  • Market Improvement Value: $308,354

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,524
  • Assessed Land Value: $37,170
  • Assessed Improvements Value: $308,354

    Sales

  • Current Sale Contract Date: Feb 22, 2023
  • Current Sale Recording Date: Feb 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 38320
  • Previous Sale Recording Date: Jul 13, 2021
  • Previous Sale Contract Date: Jun 30, 2021
  • Previous Sale Amount: $315,000
  • 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 Ormond Terrace

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$188

Below Asking

0.05%

Average Days on Market

64

Average Home Size

2021 ft²

Average Home Age

58.5 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 71 Brookwood Drive, ORMOND BEACH, FL, 32174

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,934 ft²
71 Brookwood Drive, ORMOND BEACH, FL, 32174 Listing by Carissa Lawhun

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Dawn Hampton
CHARLES RUTENBERG REALTY ORLANDO
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# V4918754
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 292 Greenwood Avenue built and last sold?
The property at 292 Greenwood Avenue was built in 1973 and last sold on Feb 22, 2023 for $391,000.
How much is this home worth?
The estimated value of the home located at 292 Greenwood Avenue is $409,744.
What are some comparable homes to 292 Greenwood Avenue?
There are currently no comparable homes to 292 Greenwood Avenue.
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