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78 Tomoka Ridge Way

78 Tomoka Ridge Way, Ormond Beach, FL 32174
Property in Breakaway Trails
Sold Apr 05, 2012
$515,000
$412,000 by National Bank Of Kansas City
Mortgage Due May 01, 2027
Sold Dec 07, 2011
$420,000
78 Tomoka Ridge Way in Ormond Beach, FL was first built in 2006 and is 18 years old. Although, the building on the property was most recently renovated and altered in 2010. 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, 5 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 78 Tomoka Ridge Way has 4,986 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 1,180 ft and the linear feet between the front and back of the lot is 1,580. In total, the area measurement of the land is 18,623 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 hip style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 800 sqft. There are a total of 3 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of concrete block. 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. 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, 78 Tomoka Ridge Way was last sold in Mar 30, 2012 for $515,000. According to our calculations, that's $89.01 per sqft. Prior to that sales transaction, the property was sold for $420,000 in Nov 29, 2011. Current property owners are expected to pay $7,540 in taxes per year. The property on 78 Tomoka Ridge Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $503,446. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 21
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 800
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 18,623
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 1,180
  • Total Building Area: 5,786
  • Gross Building Area: 5,786
  • Building Area: 4,986
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,986
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BREAKAWAY TRAILS PHASE 3
  • Land Acres: 0.428
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 20 BREAKAWAY TRAILS PHASE 3 UNIT 2-C MB 49 PGS 180-186 INC PER OR 5901 PG 3819 PER OR 6616 PG 1673 PER OR 6658 PGS 1985-1986 PER OR 6697 PG 3906

Ownership

  • Current Owner : PRASAD ASHIM
  • Current Owner 2: PRASAD REKHA A
  • Previous Owner : GALLOWAY ELIZABETH A
  • Previous Owner 2: JONES CHARLES H
  • Owner Before Previous Owner: WELLS FARGO BANK NA
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 083203

Geography

  • Account Number: 6188149
  • Subdivision Phase Number: 3
  • Subdivision Tract Number: 08
  • Parcel: 4126-08-00-0200
  • Lot: 20
  • Meridian: SEC 26 TWN 14S RNG 31E
  • Municipality: ORMOND BEACH
  • Latitude: 29.2627
  • Longitude: -81.1357

    Address

  • Full Address: 78 Tomoka Ridge Way
  • Legal Unit: 2
  • Address - House Number: 78
  • Address - Street Name: Tomoka Ridge
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: R008
  • 4-Digit Zip Code: 1866
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,540
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 1,197,383
  • High Value: 1,401,423
  • Low Value: 993,343

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $522,000
  • First Open Lien Mortgage Lender: NATIONAL BANK OF KANSAS CITY
  • First Open Lien Mortgage Recording Date: Apr 05, 2012
  • First Open Lien Mortgage Loan Amount: $412,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2027
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Feb 13, 2015
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $110,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 23, 2045

    Market Valuation

  • Market Total Value: $911,252
  • Market Land Value: $110,000
  • Market Improvement Value: $801,252

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $503,446

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2012
  • Current Sale Recording Date: Apr 05, 2012
  • Current Sale Transaction ID: 11468400180
  • Current Sale Price: $515,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012-059292
  • Previous Sale Recording Date: Dec 07, 2011
  • Previous Sale Contract Date: Nov 29, 2011
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL BANK OF KANSAS CITY
  • First Mortgage Transaction Date: Apr 05, 2012
  • First Mortgage Loan Amount: $412,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2027

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Frequently Asked Questions

What neighborhood is 78 Tomoka Ridge Way located in?
The 78 Tomoka Ridge Way is a located in the neighborhood of Breakaway Trails in Breakaway Trails, Ormond Beach.
What is the average sales price for listings in 78 Tomoka Ridge Way?
The average sales price for units in 78 Tomoka Ridge Way is $0 currently.

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