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Ormond Beach 32176
46 Dormont DRIVE
$490,000
● House - Off Market

46 Dormont DRIVE

ORMOND BEACH, FL 32176
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,336 Ft²
$510,519
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

THIS IS THE ONE!! Nestled on a quiet beachside street just a short walk from the ocean, this midcentury modern home has an open floor plan, polished terrazzo floors, large bedrooms, AND a bonus flex room that could easily be used as a 3rd bedroom, office, or den. The landscaping at this property is sublime with professionally manicured tropical beds in both the front and back yards with accent lighting for the evenings. The inside of the home features a modern European style kitchen with soft close cabinets, gas cooktop, and granite counters. Plantation shutters accent every room in the home for an upscale beachy vibe as natural light pours in from every angle. Newer AC. Laundry inside. Fully fenced backyard with outdoor shower and room for boat trailer parking. City sewer, no septic!
Unit Size
1,336 Ft²
Days on Market
47 days
Land Size
0.24 acres
Price per sqft
$374
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1958

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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 #FC278233)

Price History

Date / Event Date Event Price
Jul 15, 2022 Sold
Premium
Sold
May 25, 2022 Listed by FARRELL BITTNER REAL ESTATE COMPANY $499,000
Listed by FARRELL BITTNER REAL ESTATE COMPANY
May 31, 2017 Sold
Premium
Sold
Jul 1, 2010 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 17
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,672
  • Gross Building Area: 1,672
  • Building Area: 1,336
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,336
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DORMONT SUB MB
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 3 14 32 LOT 8 DORMONT SUB MB 19 PG 205 IN LOT 4 PER OR 5265 PGS 3278-3279 PER OR 6491 PG 0041 PER OR 6491 PG 0042 PER OR 7404 PG 4495 PER OR 8283 PG 3402

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 080400

Geography

  • Assessors Map Reference: E1-0028-03
  • Account Number: 3030141
  • Subdivision Tract Number: 20
  • Parcel: 4203-20-00-0080
  • Lot: 8,4
  • Meridian: SEC 03 TWN 14S RNG 32E
  • Municipality: ORMOND BEACH
  • Latitude: 29.3129
  • Longitude: -81.057

    Address

  • Full Address: 46 Dormont Dr
  • Address - House Number: 46
  • Address - Street Name: Dormont
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C011
  • 4-Digit Zip Code: 4108
  • Zip Code: 32176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $557,326
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 499,794
  • High Value: 594,741
  • Low Value: 404,846

    Market Valuation

  • Market Total Value: $383,029
  • Market Land Value: $171,870
  • Market Improvement Value: $211,159

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $383,029
  • Assessed Land Value: $171,870
  • Assessed Improvements Value: $211,159

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 08, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 165588
  • Previous Sale Recording Date: May 31, 2017
  • Previous Sale Contract Date: May 26, 2017
  • Previous Sale Amount: $264,900
  • 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 Beach

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$217

Below Asking

0.03%

Average Days on Market

69

Average Home Size

1994 ft²

Average Home Age

43.8 years

Currently For Sale

212 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 248 Timberline Trail, ORMOND BEACH, FL, 32174

$1,990 /mo

  • 2 Beds
  • 2 Baths
  • 712 ft²
248 Timberline Trail, ORMOND BEACH, FL, 32174 Listing by Joseph Concannon

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: R. Alex Bittner
FARRELL BITTNER REAL ESTATE COMPANY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC278233
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 46 Dormont Drive built and last sold?
The property at 46 Dormont Drive was built in 1958 and last sold on Jul 8, 2022 for $490,000.
How much is this home worth?
The estimated value of the home located at 46 Dormont Drive is $0.
What are some comparable homes to 46 Dormont Drive?
There are currently no comparable homes to 46 Dormont Drive.
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