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Off market
  • $358,600

    31 Cypress Cir, Ormond Beach, FL 32176

    4beds
    0baths
    2,282sqft
    MultiFamily
    Built in 1949
    -- sqft lot
    $358,600 Zestimate®
    $157/sqft
    $1,935 Estimated rent

    Home value

    $358,600

    $323,000 - $394,000

    $1,935/mo

    Zestimate® history
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    $2,476/mo

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    What's special

    Duplex in Ormond Beach's Ellinor Village just a couple blocks from the beach. This is an income producing property. Fully rented w/ a rent roll of $1970.00/ month. Unit A is a 2 bedroom 1 bathroom apartment and is leased at $1095/ month. The unit has a private fenced in backyard. This unit also has a very large shed in backyard. Unit B is also 2 bedroom 1 bathroom. Leased at $875/ month. Landlord pays for water, pest control & lawn. 1 water meter 2 electric meters. The roof is brand new. Installed Nov 2019. Both units have central AC. Ellinor Village is in high demand w/ renters. This is a great property to invest your money and collect on very attractive CAP Rate and rate of return on your investment. Professionally managed. Need 24 hour notice to show please.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 0
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 2,282 sqft

    Property

    Features
    • Exterior features: Stucco, Cement / Concrete
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: 422302060120

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Location
    • Region: Ormond Beach

    Financial & listing details

    • Price per square foot: $157/sqft
    • Tax assessed value: $323,008
    • Annual tax amount: $4,778
    • Tenant pays: Cable TV, Electric

    Price history

    DateEventPrice
    12/20/2019Sold$210,000-2.7%$92/sqft
    Source: DBAMLS #1064967 Report a problem
    11/25/2019Listed for sale$215,900+13.7%$95/sqft
    Source: Miller Real Estate and Assoc. #1064967 Report a problem
    10/11/2007Sold$189,900+138.1%$83/sqft
    Source: Public Record Report a problem
    3/24/2000Sold$79,750$35/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,778 +10.9%$304,895 +21%
    2024$4,307 +6.8%$251,980 +10%
    2023$4,034 +10.4%$229,073 +10%
    2022$3,654 $208,248 +10%
    2021-- $189,316 +5.7%
    2020$3,153 $179,140 +128.7%
    2019$3,153 +246.3%$78,342 -31.5%
    2018$911 -40.4%$114,430 +23.7%
    2017$1,529 +159.8%$92,471 +4.2%
    2016$588 +8.8%$88,772 +5.4%
    2015$541 +25.8%$84,215 +9%
    2014$430 $77,244 +2.4%
    2013-- $75,463 +12.2%
    2012-- $67,282 -28.2%
    2011-- $93,700 -5.9%
    2010-- $99,625 -15.5%
    2009-- $117,836 -34.1%
    2007-- $178,864 +9%
    2006-- $164,071 +15.8%
    2005-- $141,729 +37.4%
    2004-- $103,160 +60.5%
    2003-- $64,279 +3.3%
    2002-- $62,198 +10.8%
    2001-- $56,150 +1.9%
    2000-- $55,091
    Find assessor info on the county website

    Neighborhood: 32176

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $358,600
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    Estimated market value
    $358,600