66 Pleasant Dr, Ormond Beach

66 Pleasant Dr is a 1,534 sq ft Single Family in Ormond Beach. It was built in 1963. In 2014 similar properties sold for between $124,322 and $215,736. We estimate the income value of 66 Pleasant Dr at $32,829. The assumptions we used to calculate this value are include in the spreadsheet linked below. Ormond Beach is in Volusia County County, Florida.

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66 Pleasant Dr Property Summary

66 Pleasant Dr
Ormond Beach
FL 32176

Property Size:1,534 sq ft
Bedrooms:3.00
Bathrooms:2.00
Year Built:1963
Property Class:B3
Lat, Long: 29.274, -81.038

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

Google Street View  of 66  Pleasant Dr, Ormond Beach, FL 32176
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Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

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Estimated Value: 66 Pleasant Dr

Market Data

In 2014 class A single family properties in Ormond Beach sold for $129.29 to 871.46 per sq ft with a median price per sq ft of $151.52. Class B properties sold for $74.50 to 129.28 per sq ft with a median of $102.62 and class C properties sold for $12.10 to 74.49 per sq ft with a median of $64.11.

Market Valuation

66 Pleasant Dr appears to be a B Class property. Suggested value: $171,247

HighMedianLow
Value215,736 171,247 124,322

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $32,829. Details of how we produced this estimate value appear below:

The income value of a property identifies its value as a rental property, Value = Rent - Expenses / Cap Rate. The following table shows four different rent estimates for 66 Pleasant Dr:

  • The Household Income estimate assumes the tenant has a total household income of $54,753 and spends 37% of this on rent. The household income estimate is derived from census data and tax records.
  • The Household Income - Renters estimate performs a similar calculation based on the household income of renters rather than all households.
  • The Market Rents estimate evaluates this property in comparison to rental properties in the area.
  • The Price/Ft estimate uses the size of the property to estimate its rent.

Click on a rent value to download a spreadsheet that estimates the NOI (net operating income), cash on cash return, income value and IRR (internal rate of return) for this property.

Valuation ModelMonthly Rent
Household Income - All Households $1,688
Household Income - Renters $812
Market Rents $738
Price/Ft $1,200

Expense Estimates:

  • Census data records show 5% of the rental properties in this area are vacant. We've added a 5% bad dept allowance to this.
  • Maintenance costs are estimated based on the size of the property.
  • The property tax estimate uses the average millage rate for the county. It does not include adjustments for city or unincorporated areas. Actual taxes may vary.
  • Insurance estimates are based on the size and location of the property. They are not adjusted for age, flood zone or other risk factors
  • We don't have a way to estimate HOA fees. These should be added manually

The following table shows a income valuation estimate for 66 Pleasant Dr. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Amount
Monthly Rent738
Annual Rent per Sq Ft6.00
Gross Annual Rent8,862
Vacancies and Bad Debt10%
Vacancies and Bad Debt Amount886
Maintenance798
HOA, Utilities and CAM0
Property Taxes2,727
Insurance1,267
Management Fees886
NOI2,298
Cap Rate7
Estimated Value32,829
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

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Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $48,648. The bottom 10% of the population earn less than $14,553 per year. The top 10% earn more than $130,517 per year. The top 1% earn more than $463,732 per year. Most renters earn between $23,592 (20th percentile) and $36,996 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $835. Most renters earn between $1,966 and $3,083 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $605 (20th percentile) to $1,097 (80th percentile) range. The residential vacancy rate is 5%.

Links

  1. 66 Pleasant Dr, Ormond Beach, FL on Zillow
  2. Recent Sales near 66 Pleasant Dr, Ormond Beach, FL on Realtor.com
  3. 66 Pleasant Dr, Ormond Beach, FL on Google Maps
  4. 66 Pleasant Dr Walkscore
  5. Ormond Beach, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Ocean Village Villas Homeowners Association, Inc (635 Flamingo Dr)
  2. Pilates Premier Studio, Inc. (32 Pleasant Dr)
  3. Local Broker & Associates, Inc. (45 Pleasant Dr)
  4. Mastropierro Enterprises Inc. (45 Pleasant Dr)

Sales History

DateSold BySold ToDeed TypePrice
03/15/1984 Not Recorded Not Recorded Warranty Deed/Special Warranty Deed 55,000.00
12/23/1995 Not Recorded Not Recorded Death Certificate 100.00
07/01/2011 Not Recorded Buyer: 1662533 Unknown 106,000.00
07/08/2011 Not Recorded Buyer: 1662533 Warranty Deed/Special Warranty Deed 106,000.00
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.