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518 North Beach Street

518 North Beach Street, Ormond Beach, FL 32174
Property in Ormond Terrace
Sold Oct 26, 2018
$200,000
$190,000 by Seacoast National Bank
Mortgage Due Nov 01, 2048
Sold Apr 15, 1989
$100
518 North Beach Street has been categorized by the local assessors in Ormond Beach, FL as a residential type of property. The building on the property was first built in 1951 and is 73 years old. However, we must point out that the home was most recently renovated and altered in 1983. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 518 North Beach Street has 1,212 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,000 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 20,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of concrete. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery 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, 518 North Beach Street sold most recently in Oct 26, 2018 for a total of $200,000. If you work out the math, that's approximately a cost of $165.02 per sqft. Before that, the property was also sold for $100 in Apr 15, 1989. 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 $1,189 in taxes each year. 518 North Beach Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $114,551. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1951
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,212
  • Gross Building Area: 1,212
  • Building Area: 1,212
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,212
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORMOND TERRACE
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 26 & 27 BLK 16 ORMOND TERRACE PER OR 3291 PG 0953 PER D/C 5679 PG 1608 PER OR 5679 PG 1609 PER UNREC D/C PER OR 7021 PG 3627 PER OR 7021 PG 3624 PER OR 7615 PG 3855

Ownership

  • Current Owner : HOLT ALAN T
  • Current Owner 2: KAUFFMAN CHRISTINE M
  • Previous Owner : SCHAEFFER PETER JAMES
  • Previous Owner 2: SCHAEFFER PAULINE KINNARD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • Assessors Map Reference: E1-0028-10
  • Account Number: 3152000
  • Subdivision Tract Number: 01
  • Parcel: 4240-01-16-0260
  • Block: 16
  • Lot: 26,27
  • Meridian: SEC 40 TWN 14S RNG 32E
  • Municipality: ORMOND BEACH
  • Latitude: 29.299
  • Longitude: -81.0622

    Address

  • Full Address: 518 N Beach St
  • Address - House Number: 518
  • Street Direction: N
  • Address - Street Name: Beach
  • Address - Suffix Type: St
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 5305
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,189
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 329,922
  • High Value: 394,391
  • Low Value: 265,454

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,000
  • First Open Lien Mortgage Lender: SEACOAST NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 26, 2018
  • First Open Lien Mortgage Loan Amount: $190,000
  • 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: Nov 01, 2048

    Market Valuation

  • Market Total Value: $229,402
  • Market Land Value: $66,080
  • Market Improvement Value: $163,322

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,551

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 26, 2018
  • Current Sale Recording Date: Oct 26, 2018
  • Current Sale Transaction ID: 11527977895
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-217808
  • Previous Sale Recording Date: Apr 15, 1989
  • Previous Sale Contract Date: Apr 15, 1989
  • Previous Sale Amount: $100
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SEACOAST NATIONAL BANK
  • First Mortgage Transaction Date: Oct 26, 2018
  • First Mortgage Loan Amount: $190,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

About Ormond Terrace



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Frequently Asked Questions

What neighborhood is 518 North Beach Street located in?
The 518 North Beach Street is a located in the neighborhood of Ormond Terrace in Ormond Terrace, Ormond Beach.
What is the average sales price for listings in 518 North Beach Street?
The average sales price for units in 518 North Beach Street is $0 currently.

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