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Ormond Beach 32174 Ormond Lakes
49 INDIANHEAD Drive
$550,000
● House - Off Market

49 INDIANHEAD Drive

Ormond Beach, FL 32174
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,289 Ft²
$554,282
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
Unit Size
2,289 Ft²
Days on Market
-
Land Size
-
Price per sqft
$240
Property Type
House
Property Taxes
-
HOA Dues
$73
Year Built
2002

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (Real MLS #1169761)

Price History

Date / Event Date Event Price
May 18, 2022 Sold
Premium
Sold
May 14, 2022 No longer available -
No longer available
Apr 14, 2022 Listed by NON MLS (realMLS) $550,000
Listed by NON MLS (realMLS)
Apr 2, 2022 No longer available -
No longer available
Mar 31, 2022 Listed by NON MLS (realMLS) $549,873
Listed by NON MLS (realMLS)
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 16
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,100
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,975
  • Gross Building Area: 2,975
  • Building Area: 2,469
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,469
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORMOND LAKES UNIT VII MB
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 27 ORMOND LAKES UNIT VII MB 47 PGS 29-30 INC PER OR 4798 PG 4029 PER OR 5770 PGS 2626-2627 PER OR 6338 PG 4027 PER OR 8255 PG 3503

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 080101

Geography

  • Assessors Map Reference: E1-0027
  • Account Number: 5849953
  • Subdivision Tract Number: 05
  • Parcel: 3240-05-00-0270
  • Lot: 27
  • Meridian: SEC 40 TWN 13S RNG 32E
  • Municipality: ORMOND BEACH
  • Latitude: 29.3271
  • Longitude: -81.1026

    Address

  • Full Address: 49 Indianhead Dr
  • Legal Unit: VII
  • Address - House Number: 49
  • Address - Street Name: Indianhead
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: R010
  • 4-Digit Zip Code: 3063
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $657,040
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 576,346
  • High Value: 685,448
  • Low Value: 467,244

    Market Valuation

  • Market Total Value: $444,095
  • Market Land Value: $91,800
  • Market Improvement Value: $352,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,095
  • Assessed Land Value: $91,800
  • Assessed Improvements Value: $352,295

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 13, 2022
  • Current Sale Recording Date: May 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 119111
  • Previous Sale Recording Date: Apr 01, 2009
  • Previous Sale Contract Date: Mar 30, 2009
  • Previous Sale Amount: $287,900
  • 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 Lakes

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2920 ft²

Average Home Age

27.2 years

Currently For Sale

6 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: NON MLS (realMLS), NON MLS (realMLS)
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1169761
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS. 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 49 Indianhead Drive built and last sold?
The property at 49 Indianhead Drive was built in 2002 and last sold on May 13, 2022 for $550,000.
How much is this home worth?
The estimated value of the home located at 49 Indianhead Drive is $0.
What are some comparable homes to 49 Indianhead Drive?
There are currently no comparable homes to 49 Indianhead Drive.
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