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56 Wye Drive

56 Wye Drive, Ormond Beach, FL 32176
Sold Dec 28, 2020
$220,000
$198,000 by Waterstone Mortgage Corp
Mortgage Due Jan 01, 2051
Sold May 14, 2004
$130,000
$104,000 by Prosperity Bank
Mortgage Due Jun 01, 2034
56 Wye Drive in Ormond Beach, FL was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1995. 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, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 56 Wye Drive has 1,026 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 750 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 7,500 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 300 sqft. There is one available parking space. 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 masonry 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 concrete. While the interior walls are made of plaster. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 56 Wye Drive was last sold in Dec 23, 2020 for $220,000. According to our calculations, that's $165.91 per sqft. Prior to that sales transaction, the property was sold for $130,000 in May 3, 2004. Current property owners are expected to pay $2,551 in taxes per year. The property on 56 Wye Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $197,958. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 2
  • 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: Attached
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,326
  • Gross Building Area: 1,326
  • Building Area: 1,026
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,026
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOSARVEY ESTATES MB
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 16 BLK D BOSARVEY ESTATES MB 7 PG 5 PER OR 4292 PG 0669 PER OR 5318 PG 2359 PER OR 6873 PG 2552 PER OR 6965 PG 2880 PER OR 7963 PG 0315

Ownership

  • Current Owner : BODEM PETER
  • Previous Owner : FARLEY GENE BRADFORD
  • Owner Before Previous Owner: BROWN BRYAN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: E1-0028-14
  • Account Number: 3046277
  • Subdivision Tract Number: 13
  • Parcel: 4214-13-04-0160
  • Block: D
  • Lot: 16
  • Meridian: SEC 14 TWN 14S RNG 32E
  • Municipality: ORMOND BEACH
  • Latitude: 29.2891
  • Longitude: -81.0418

    Address

  • Full Address: 56 Wye Dr
  • Address - House Number: 56
  • Address - Street Name: Wye
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 6647
  • Zip Code: 32176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,551
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.2066
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 357,146
  • High Value: 430,958
  • Low Value: 283,335

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,000
  • First Open Lien Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 28, 2020
  • First Open Lien Mortgage Loan Amount: $198,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $277,948
  • Market Land Value: $85,793
  • Market Improvement Value: $192,155

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,958

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 23, 2020
  • Current Sale Recording Date: Dec 28, 2020
  • Current Sale Transaction ID: 11811304277
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-250933
  • Previous Sale Recording Date: May 14, 2004
  • Previous Sale Contract Date: May 03, 2004
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 28, 2020
  • First Mortgage Loan Amount: $198,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PROSPERITY BANK
  • Previous Mortgage Transaction Date: May 14, 2004
  • Previous Mortgage Loan Amount: $104,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2034

About Bosarvey Estates



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Frequently Asked Questions

What neighborhood is 56 Wye Drive located in?
The 56 Wye Drive is a house located in the neighborhood of Bosarvey Estates in Bosarvey Estates, Ormond Beach.
What is the average sales price for listings in 56 Wye Drive?
The average sales price for units in 56 Wye Drive is $214,900 , or $226/sqft. currently.

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