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3 Petrea Terrace

3 Petrea Terrace, Ormond Beach, FL 32174
Property in Oak Forest
Sold Nov 03, 2021
$306,500
$245,200 by Rocket Mortgage Llc
Mortgage Due Dec 01, 2036
Sold Jul 20, 2021
$225,800
Local assessors in Ormond Beach, FL have categorized 3 Petrea Terrace as a residential type of property. The home was built in 1978 and is 46 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 9,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 900 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3 Petrea Terrace has a total of 1,591 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 2, 2021 for $306,500. That's $146.30 per sqft. Prior to that sales transaction, the property was also sold in Jul 20, 2021 for $225,800. 3 Petrea Terrace was last assessed in 2023. The total value of the property was assessed at $232,863. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,121. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking

Exterior

Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Combination
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,095
  • Gross Building Area: 2,095
  • Building Area: 1,591
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,591
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST PHASE III REPLAT MB
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 56 OAK FOREST PHASE III REPLAT MB 34 PG 161 PER OR 2513 PG 1577 PER OR 7452 PG 3773 PER OR 7455 PGS 4460-4468 PER OR 8086 PG 1401 PER OR 8131 PG 0151 PER OR 8148 PG 3619 PER OR 8363 PG 4404

Ownership

  • Current Owner : MARIEN CELESTE ANN
  • Previous Owner : BARK REAL ESTATE LLC
  • Owner Before Previous Owner: REBUCK LORI L
  • Owner Before Previous Owner 2: QUICKEN LOANS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

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

Geography

  • Assessors Map Reference: E1-0027-28
  • Account Number: 3008596
  • Subdivision Phase Number: 3
  • Subdivision Tract Number: 21
  • Parcel: 3242-21-03-0560
  • Lot: 56
  • Meridian: SEC 42 TWN 13S RNG 32E
  • Municipality: ORMOND BEACH
  • Latitude: 29.3155
  • Longitude: -81.0714

    Address

  • Full Address: 3 Petrea Ter
  • Address - House Number: 3
  • Address - Street Name: Petrea
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C029
  • 4-Digit Zip Code: 3946
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,121
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 405,061
  • High Value: 474,955
  • Low Value: 335,167

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,200
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Loan Amount: $245,200
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2036

    Market Valuation

  • Market Total Value: $289,846
  • Market Land Value: $56,250
  • Market Improvement Value: $233,596

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,863

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Transaction ID: 11866196265
  • Current Sale Price: $306,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-264702
  • Previous Sale Recording Date: Jul 20, 2021
  • Previous Sale Contract Date: Jul 20, 2021
  • Previous Sale Amount: $225,800
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 03, 2021
  • First Mortgage Loan Amount: $245,200
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2036

About Oak Forest



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Frequently Asked Questions

What neighborhood is 3 Petrea Terrace located in?
The 3 Petrea Terrace is a located in the neighborhood of Oak Forest in Oak Forest, Ormond Beach.
What is the average sales price for listings in 3 Petrea Terrace?
The average sales price for units in 3 Petrea Terrace is $0 currently.

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