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8 Lake Isle Way

8 Lake Isle Way, Ormond Beach, FL 32174
Sold May 22, 2019
$387,500
$246,875 by The Mortgage Firm Inc
Mortgage Due Jun 01, 2049
Sold Apr 06, 2015
$289,000
$298,537 by Caliber Home Loans Inc
Mortgage Due May 01, 2045
8 Lake Isle Way 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 1990 and is 34 years old. However, we must point out that the home was most recently renovated and altered in 1998. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 8 Lake Isle Way has 2,601 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 16,086 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 attached garage for those who require parking. The garage measured 504 sqft. According to our sources, there are a total of 2 available parking spaces. 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 A by the local assessor. The building has a hip style roof made of concrete. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 8 Lake Isle Way was last sold in May 20, 2019 for $387,500. According to our calculations, that's $124.80 per sqft. Prior to that sales transaction, the property was sold for $289,000 in Mar 2, 2015. Current property owners are expected to pay $4,452 in taxes per year. The property on 8 Lake Isle Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $314,342. 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. 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!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

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • 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: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,086
  • Total Building Area: 3,105
  • Gross Building Area: 3,105
  • Building Area: 2,601
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,601
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BREAKAWAY TRAILS PHASE 2 MB
  • Land Acres: 0.369
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 87 BREAKAWAY TRAILS PHASE 2 MB 41 PGS 185-187 INC PER OR 5220 PG 4291 PER OR 5416 PG 1803 PER OR 6208 PGS 2650-2651 PER OR 6306 PGS 3593-3594 PER OR 7026 PG 2584 PER OR 7101 PGS 1273-1275 INC PER OR 7698 PG 0765

Ownership

  • Current Owner : SHEELEY GLENN
  • Current Owner 2: MACCARO ELEANOR
  • Previous Owner : SMITH LARRY D
  • Previous Owner 2: SMITH VICKIE D
  • Owner Before Previous Owner: WELLS FARGO DELAWARE TRUST COMPANY NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

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

Zoning

  • Zoning: 13PUD

Geography

  • Assessors Map Reference: E1-0026-26
  • Account Number: 4981616
  • Subdivision Phase Number: 2
  • Subdivision Tract Number: 04
  • Parcel: 4126-04-00-0870
  • Lot: 87
  • Meridian: SEC 26 TWN 14S RNG 31E
  • Municipality: ORMOND BEACH
  • Latitude: 29.2572
  • Longitude: -81.1471

    Address

  • Full Address: 8 Lake Isle Way
  • Address - House Number: 8
  • Address - Street Name: Lake Isle
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: R005
  • 4-Digit Zip Code: 1800
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,452
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 616,539
  • High Value: 733,249
  • Low Value: 499,828

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $495,875
  • First Open Lien Mortgage Lender: THE MORTGAGE FIRM INC
  • First Open Lien Mortgage Recording Date: May 22, 2019
  • First Open Lien Mortgage Loan Amount: $246,875
  • 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: Jun 01, 2049
  • Second Open Lien Mortgage Lender: THE MORTGAGE FIRM INC
  • Second Open Lien Mortgage Recording Date: May 27, 2020
  • Second Open Lien Mortgage Loan Amount: $249,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $464,666
  • Market Land Value: $76,000
  • Market Improvement Value: $388,666

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,342

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 22, 2019
  • Current Sale Transaction ID: 11613982702
  • Current Sale Price: $387,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-101322
  • Previous Sale Recording Date: Apr 06, 2015
  • Previous Sale Contract Date: Mar 02, 2015
  • Previous Sale Amount: $289,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE MORTGAGE FIRM INC
  • First Mortgage Transaction Date: May 22, 2019
  • First Mortgage Loan Amount: $246,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Apr 06, 2015
  • Previous Mortgage Loan Amount: $298,537
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2045

About Breakaway Trails



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Frequently Asked Questions

What neighborhood is 8 Lake Isle Way located in?
The 8 Lake Isle Way is a house located in the neighborhood of Breakaway Trails in Breakaway Trails, Ormond Beach.
What is the average sales price for listings in 8 Lake Isle Way?
The average sales price for units in 8 Lake Isle Way is $0 currently.

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