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40 New Leatherwood Drive

40 New Leatherwood Drive, Palm Coast, FL 32137
Property in Flagler Beach
Sold Jun 07, 2021
$505,000
$404,000 by Bank Of America Na
Mortgage Due Jun 01, 2051
40 New Leatherwood Drive in Palm Coast, FL was first built in 2021 and is 3 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 40 New Leatherwood Drive has 2,302 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 15,420 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of concrete. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of concrete. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 40 New Leatherwood Drive sold most recently in May 7, 2021 for a total of $505,000. If you work out the math, that's approximately a cost of $219.37 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,364 in taxes each year. The initial year of tax delinquency occurred in 2017. 40 New Leatherwood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $587,361. If we break it down further, the land itself was valued at $87,000. Improvements to the property, however, were assessed at a total of $500,361. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: A
  • Exterior Walls Type: Concrete
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,420
  • Total Building Area: 2,302
  • Gross Building Area: 2,302
  • Building Area: 2,302
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,302
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIDDEN LAKES
  • Land Acres: 0.354
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIDDEN LAKES PHASE II (WATER OAKS S/D) MB 36 PG 61 BLOCK 7 LOT 4

Ownership

  • Current Owner : VAZQUEZ RAMONE
  • Current Owner 2: VAZQUEZ SUSANA C
  • Previous Owner : APPLIED BUILDING DEV OF ORLANDO PC INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Flagler County School District
  • Census Tract: 060301

Geography

  • Subdivision Phase Number: 2
  • Parcel: 33-11-31-3061-00070-0040
  • Block: 7
  • Lot: 4
  • Meridian: SEC 33 TWN 11S RNG 31E
  • Municipality: CITY OF PALM COAST
  • Latitude: 29.5119
  • Longitude: -81.19

    Address

  • Full Address: 40 New Leatherwood Dr
  • Address - House Number: 40
  • Address - Street Name: New Leatherwood
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm Coast
  • Carrier Code: R071
  • 4-Digit Zip Code: 6904
  • Zip Code: 32137

Valuation

    Tax

  • Total Area: 4,023
  • Tax Year: 2022
  • Tax Amount: $10,364
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 072

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 720,592
  • High Value: 830,217
  • Low Value: 610,966

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $404,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 07, 2021
  • First Open Lien Mortgage Loan Amount: $404,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $587,361
  • Market Land Value: $87,000
  • Market Improvement Value: $500,361

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $587,361
  • Assessed Land Value: $87,000
  • Assessed Improvements Value: $500,361

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Transaction ID: 11839844934
  • Current Sale Price: $505,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021030964

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 07, 2021
  • First Mortgage Loan Amount: $404,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

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Frequently Asked Questions

What neighborhood is 40 New Leatherwood Drive located in?
The 40 New Leatherwood Drive is a located in the neighborhood of Flagler Beach in Palm Coast, Palm Coast.
What is the average sales price for listings in 40 New Leatherwood Drive?
The average sales price for units in 40 New Leatherwood Drive is $0 currently.

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