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Ormond Beach 32174 Woodmere South
722 Lucerne CIRCLE
$440,000
● House - Off Market

722 Lucerne CIRCLE

ORMOND BEACH, FL 32174
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,742 Ft²
$464,227
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

3 bedroom 2 bath POOL HOME taking Back- Up Offers!! Perfectly situated on a cul-de-sac, and a large lot! Featured in HGTV's ''How Close Can I Beach'', this Ormond Beach home has a newer roof (2017) and A/C (2020). Located in the desirable Ormond Beach Woodmere subdivision and walking distance to OBMS. This home offers separate living areas, dedicated dining, updated bathrooms, an open concept Updated kitchen & entertaining area that opens to the covered lanai and screen enclosed pool with  plenty of outside entertaining space!!! Fully fenced in, the yard comes complete with double gates on each side, a dedicated area to keep the boat or RV, as well as substantial space to entertain or let the pets enjoy!! All information intended to be accurate not guaranteed.
Unit Size
1,742 Ft²
Days on Market
36 days
Land Size
0.37 acres
Price per sqft
$258
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1973

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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 #V4925764)

Price History

Date / Event Date Event Price
Aug 26, 2022 Sold
Premium
Sold
Jul 21, 2022 Listed by REALTY PROS ASSURED $449,000
Listed by REALTY PROS ASSURED
Sep 27, 2017 Sold
Premium
Sold
Jul 29, 2017 Listed by REALTY PROS ASSURED $269,000
Listed by REALTY PROS ASSURED
Dec 22, 2010 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 6
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 63
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 116
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 10
  • Total Building Area: 2,162
  • Gross Building Area: 2,162
  • Building Area: 1,742
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,742
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODMERE SOUTH UNIT 2 MB
  • Land Acres: 0000000003
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 36 BLK 5 WOODMERE SOUTH UNIT 2 MB 31 PG 101 PER OR 4399 PG 1233 PER OR 6529 PG 3924 PER OR 6546 PG 1170 PER OR 6548 PG 2570 PER OR 7451 PGS 4688-4689 PER OR 8305 PG 2246

Neighborhood

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

Geography

  • Assessors Map Reference: E1-0027-28
  • Account Number: 3004370
  • Subdivision Tract Number: 15
  • Parcel: 3242-15-05-0360
  • Block: 5
  • Lot: 36
  • Meridian: SEC 42 TWN 13S RNG 32E
  • Municipality: ORMOND BEACH
  • Latitude: 29.3024
  • Longitude: -81.0702

    Address

  • Full Address: 722 Lucerne Cir
  • Legal Unit: 2
  • Address - House Number: 722
  • Address - Street Name: Lucerne
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C026
  • 4-Digit Zip Code: 4625
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $534,870
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 484,252
  • High Value: 566,825
  • Low Value: 401,679

    Market Valuation

  • Market Total Value: $369,276
  • Market Land Value: $56,000
  • Market Improvement Value: $313,276

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $369,276
  • Assessed Land Value: $56,000
  • Assessed Improvements Value: $313,276

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 26, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 203520
  • Previous Sale Recording Date: Sep 27, 2017
  • Previous Sale Contract Date: Sep 25, 2017
  • Previous Sale Amount: $246,000
  • 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 Woodmere South

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1570 ft²

Average Home Age

50 years

Currently For Sale

1 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 71 Brookwood Drive, ORMOND BEACH, FL, 32174

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,934 ft²
71 Brookwood Drive, ORMOND BEACH, FL, 32174 Listing by Carissa Lawhun

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Jennie Kulzer
REALTY PROS ASSURED
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# V4925764
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 722 Lucerne Circle built and last sold?
The property at 722 Lucerne Circle was built in 1973 and last sold on Aug 26, 2022 for $440,000.
How much is this home worth?
The estimated value of the home located at 722 Lucerne Circle is $0.
What are some comparable homes to 722 Lucerne Circle?
There are currently no comparable homes to 722 Lucerne Circle.
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