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5 Carmel Terrace

5 Carmel Terrace, Ormond Beach, FL 32174
House in Oak Forest
Sold Nov 10, 2020
$260,000
$269,360 by Mutual Of Omaha Mortgage Inc
Mortgage Due Dec 01, 2050
Sold Jul 03, 2018
$272,500
$272,500 by Florida Capital Bank Na
Mortgage Due Jul 01, 2048
5 Carmel Terrace in Ormond Beach, FL was first built in 1979 and is 45 years old. Although, the building on the property was most recently renovated and altered in 1992. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5 Carmel Terrace has 2,330 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. The linear feet across the front of the lot is 900 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 9,000 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 616 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. 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 and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5 Carmel Terrace sold most recently in Nov 6, 2020 for a total of $260,000. If you work out the math, that's approximately a cost of $88.26 per sqft. Before that, the property was also sold for $272,500 in Jun 28, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,691 in taxes each year. 5 Carmel Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $272,784. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • 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: 616
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,946
  • Gross Building Area: 2,946
  • Building Area: 2,330
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,330
  • 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 44 OAK FOREST PHASE III REPLAT MB 34 PG 161 PER OR 2048 PG 0214 PER OR 5498 PG 4532 PER OR 6627 PG 2018 PER OR 6629 PG 2492 PER OR 6680 PG 4001 PER OR 6680 PG 4002 PER OR 7567 PGS 1119-1120 PER OR 7940 PG 1946

Ownership

  • Current Owner : JAMES JOSEPH MICHAEL
  • Current Owner 2: JAMES KIMBERLY D
  • Previous Owner : BARROWS RYAN STEVEN
  • Previous Owner 2: BARROWS LAPORTIA MICHELLE
  • Owner Before Previous Owner: JACOBY ANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Owner Generation Identifier: JR

Neighborhood

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

Geography

  • Assessors Map Reference: E1-0027-28
  • Account Number: 3008472
  • Subdivision Phase Number: 3
  • Subdivision Tract Number: 21
  • Parcel: 3242-21-03-0440
  • Lot: 44
  • Meridian: SEC 42 TWN 13S RNG 32E
  • Municipality: ORMOND BEACH
  • Latitude: 29.3148
  • Longitude: -81.0713

    Address

  • Full Address: 5 Carmel Ter
  • Address - House Number: 5
  • Address - Street Name: Carmel
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C029
  • 4-Digit Zip Code: 3925
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,691
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 503,484
  • High Value: 590,361
  • Low Value: 416,608

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $269,360
  • First Open Lien Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 10, 2020
  • First Open Lien Mortgage Loan Amount: $269,360
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $371,269
  • Market Land Value: $56,250
  • Market Improvement Value: $315,019

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,784

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 06, 2020
  • Current Sale Recording Date: Nov 10, 2020
  • Current Sale Transaction ID: 11802336913
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-218085
  • Previous Sale Recording Date: Jul 03, 2018
  • Previous Sale Contract Date: Jun 28, 2018
  • Previous Sale Amount: $272,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Mortgage Transaction Date: Nov 10, 2020
  • First Mortgage Loan Amount: $269,360
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FLORIDA CAPITAL BANK NA
  • Previous Mortgage Transaction Date: Jul 03, 2018
  • Previous Mortgage Loan Amount: $272,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2048

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Frequently Asked Questions

What neighborhood is 5 Carmel Terrace located in?
The 5 Carmel Terrace is a house located in the neighborhood of Oak Forest in Oak Forest, Ormond Beach.
What is the average sales price for listings in 5 Carmel Terrace?
The average sales price for units in 5 Carmel Terrace is $0 currently.

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