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Palm Coast 32164 Lehigh Woods
49 Russo DRIVE
$45,000
● Land - Off Market

49 Russo DRIVE

PALM COAST, FL 32164
bedrooms
Studio
bathrooms
0 Bath
$51,524
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Nice ample lot in Palm Coast. Close to shopping and restaurants. Build your home on your time, no time restriction.
Unit Size
-
Days on Market
59 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$35
HOA Dues
-
Year Built
-

Payment Calculator

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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 #O6086484)

Price History

Date / Event Date Event Price
Jan 10, 2024 Sold
Premium
Sold
Apr 6, 2023 Sold
Premium
Sold
Jan 27, 2023 Listed by KELLER WILLIAMS ADVANTAGE III REALTY $50,000
Listed by KELLER WILLIAMS ADVANTAGE III REALTY
May 15, 1997 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PALM COAST
  • Land Acres: 0000000230
  • Standard Land Use Code: 8000
  • County Land Use Code: 00000
  • State Land Use Code: 0000
  • Legal Description 1: PALM COAST SEC 32 BL 37 LT 25 OR 140 PG 195 OR 354 PG 935 OR 415 PG 456 OR 439 PG 1120 OR 553 PG 1539 OR 582 PG 1500

Neighborhood

  • School District Name: Flagler County School District
  • Census Tract: 060214

Geography

  • Section: 32
  • Parcel: 07-11-31-7032-00370-0250
  • Block: 37
  • Lot: 25
  • Meridian: SEC 07 TWN 11S RNG 31E
  • Municipality: CITY OF PALM COAST
  • Latitude: 29.5135
  • Longitude: -81.2459

    Address

  • Full Address: 49 Russo Dr
  • Address - House Number: 49
  • Address - Street Name: Russo
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm Coast
  • Carrier Code: R059
  • 4-Digit Zip Code: 6906
  • Zip Code: 32164

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $42,369
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 061

    Market Valuation

  • Market Total Value: $42,000
  • Market Land Value: $42,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,000
  • Assessed Land Value: $42,000

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Jan 10, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1360
  • Previous Sale Recording Date: Apr 06, 2023
  • Previous Sale Contract Date: Mar 24, 2023
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: 68
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 Lehigh Woods

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

76

Average Home Size

1911 ft²

Average Home Age

10.1 years

Currently For Sale

145 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 17 Waverly Lane, PALM COAST, FL, 32164

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,377 ft²
17 Waverly Lane, PALM COAST, FL, 32164 Listing by Cheryl Torres

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: German Posada
KELLER WILLIAMS ADVANTAGE III REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6086484
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 49 Russo Drive built and last sold?
The property at 49 Russo Drive was built in and last sold on Dec 20, 2023 for $317,400.
How much is this home worth?
The estimated value of the home located at 49 Russo Drive is $338,350.
What are some comparable homes to 49 Russo Drive?
There are currently no comparable homes to 49 Russo Drive.
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