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501 Leeway Trail, Ormond Beach, FL 32174

$793,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 7,239 Lot Size (sq. ft.): 260,053 Status: Closed
Current Price: $793,000 List Date: 10/26/2021 Last Modified: 9/19/2024

Overview

Description

EQUITY OPPORTUNITY in this quiet, 6-acre country estate in West Ormond Beach. Update this one of a kind property to your own taste and restore it to its full potential! All big ticket items are newer: roofs (2017, 2021, 2021), main AC 2021, pool pump 2021, deep water well 2017, water softener 2019. Just bring an eye for cosmetic updates. As you pull in to the oak, elm and maple tree-covered, fully-irrigated front property, you'll see the 3/3 main house to your right with an enclosed in-ground pool fully equipped for a hot tub, a two-story apartment building once used to house the owner's parents and grandchildren and, finally, a 2-car oversized 32x35 garage with attached workshop. These are not your average ''apartments'' either - each is a FULL 1/1 with living room, bedroom,

Supplements: walk-in closet, full bath, laundry room, eat-in kitchen and balcony. Once used as family living quarters, the apartments are now used to generate significant supplemental income. Units are each rented month-to-month at $1,500 per month with utilities included. Both units each have separate, private entrances, porch/balcony, and A/C units. The main ...

Listing Details MLS# 1089112

General Property Information

Bedrooms Total
5
Bathrooms Full
5
Bathrooms Total
6
Living Area
4977
Year Built
1982
Lot Size Acres
5.97
Lot Size Dimensions
5.97 acres
Association YN
No
Water Body Access YN
No
Homestead YN
Yes
Direction Faces
Northwest
Directions
From Williamson & SR40: W on SR40; R on Tymber Creek Rd; L on Airport Rd; R on Leeway Trl; House is on R side
Public Remarks
EQUITY OPPORTUNITY in this quiet, 6-acre country estate in West Ormond Beach. Update this one of a kind property to your own taste and restore it to its full potential! All big ticket items are newer: roofs (2017, 2021, 2021), main AC 2021, pool pump 2021, deep water well 2017, water softener 2019. Just bring an eye for cosmetic updates. As you pull in to the oak, elm and maple tree-covered, fully-irrigated front property, you'll see the 3/3 main house to your right with an enclosed in-ground pool fully equipped for a hot tub, a two-story apartment building once used to house the owner's parents and grandchildren and, finally, a 2-car oversized 32x35 garage with attached workshop. These are not your average ''apartments'' either - each is a FULL 1/1 with living room, bedroom,
List Price/SqFt
160.28
Sold Price/SqFt
159.33

Property Features

Levels: Two Appliances: Dishwasher; Electric Range; Refrigerator; Water Softener Owned; Water Softener Rented Fireplace Features: Other Interior Features: Ceiling Fan(s) Flooring: Carpet; Laminate; Tile Cooling: Central Air Water Source: Well Sewer: Septic Tank Smart Home Features: Irrigation Construction Materials: Stucco Exterior Features: Balcony; Other Patio And Porch Features: Front Porch; Patio; Porch; Rear Porch Pool Features: In Ground Private Roof: Metal; Shingle; Other Parking Features: Additional Parking; Detached; RV Access/Parking Lot Features: Agricultural View: Canal Waterfront Features: Canal Front Fencing: Fenced Current Use: Horses Association Amenities: Stable(s) Road Frontage Type: Private Road Room Types: Bedroom 1; Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room

Contract Information

Property Sub Type
Single Family Residence
Property Attached YN
No
Listing Contract Date
2021-10-01

Location Tax and Legal

Street Number
501
Street Name
Leeway
Street Suffix
Trail
County
Volusia
State
FL
Postal Code
32174
MLS Area Major
48 - Ormond Beach W of 95, N of 40

Status Change Information

Major Change Timestamp
2022-04-04T16:29:41Z
Major Change Type
Status Change
Price Change Timestamp
2021-12-12T15:40:52Z
Purchase Contract Date
2022-01-12
Close Date
2022-04-01
Close Price
793000

Historical Information

Public Historical Remarks 1
Occupancy: Owner, Tenant; 1st Floor: Slab; Acreage: 5 - 10; Inside: 1 Bedroom Down, Inside Laundry; Parking: Oversized; SqFt - Total: 7239.00; Mortgage: Yes

More Information

Room Types

Bedroom 1 Level
M
Bedroom 2 Level
U
Bedroom 3 Level
U
Dining Room Level
M
Kitchen Level
M
Living Room Level
M
Bedroom 1
Yes
Bedroom 2
Yes
Bedroom 3
Yes
Dining Room
Yes
Kitchen
Yes
Living Room
Yes

Currently Not Used

Bedrooms Total
5
Bathrooms Full
5
Bathrooms Half
Yes
Bathrooms Total
6
Living Area Source
Appraiser
Building Area Total
7239
Year Built
1982
Garage YN
Yes
Garage Spaces
2
Carport YN
No
Pool Private YN
Yes

Location, Tax, and Legal

Country
US
Parcel Number
4114-00-00-0081
Tax Annual Amount
5055
Tax Year
2020
Tax Legal Description
14 14 31 S 316.44 FT OF N 2703.51 FT OF E 821.17 FT PER OR 3812 PG 2479 EXC 50 PC SUBSURFACE RIGHTS

View

Canal
Yes

Appliances

Dishwasher
Yes
Electric Range
Yes
Refrigerator
Yes
Water Softener Owned
Yes
Water Softener Rented
Yes

Association Amenities

Stable(s)
Yes

Construction Materials

Stucco
Yes

Cooling

Central Air
Yes

Current Use

Horses
Yes

Exterior Features

Balcony
Yes
Other
Yes

Fencing

Fenced
Yes

Fireplace Features

Other
Yes

Flooring

Carpet
Yes
Laminate
Yes
Tile
Yes

Levels

Two
Yes

Lot Features

Agricultural
Yes

Parking Features

Additional Parking
Yes
Detached
Yes
RV Access/Parking
Yes

Pool Features

In Ground Private
Yes

Road Frontage Type

Private Road
Yes

Roof

Metal
Yes
Shingle
Yes
Other
Yes

Sewer

Septic Tank
Yes

Smart Home Features

Irrigation
Yes

Water Source

Well
Yes

Waterfront Features

Canal Front
Yes

Patio And Porch Features

Front Porch
Yes
Patio
Yes
Porch
Yes
Rear Porch
Yes

Interior Features

Ceiling Fan(s)
Yes

Room Information

Room Name Level Length Width Remarks
Bedroom 1 Main 20.00 20.00 Huge Master Bedroom and 10x10 walk in closet
Kitchen Main 20.00 15.00 Eat-in kitchen
Bedroom 2 Upper 21.00 17.00 HUGE 2nd floor spare with balcony
Bedroom 3 Upper 19.00 14.00 HUGE 2nd floor spare with balcony
Dining Room Main 19.00 9.00 Formal dining space open to living room
Living Room Main 20.00 19.00 Large with wood-burning fireplace
Listing Office: Adams, Cameron & Co., Realtors
Last Updated: September - 19 - 2024
Information deemed reliable but not guaranteed.

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