48 Springwood Sq, Port Orange

48 Springwood Sq is a 621 sq ft Single Family in Port Orange. It was built in 1981. In 2014 similar properties sold for between $5,537 and $38,433. We estimate the income value of 48 Springwood Sq at $43,844. The assumptions we used to calculate this value are include in the spreadsheet linked below. Port Orange is in Volusia County County, Florida.

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48 Springwood Sq Property Summary

48 Springwood Sq
Port Orange
FL 32129

Property Size:621 sq ft
Year Built:1981
Property Class:C2
Lat, Long: 29.140, -81.012

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 48  Springwood Sq, Port Orange, FL 32129
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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: 48 Springwood Sq

Market Data

In 2014 class A single family properties in Port Orange sold for $122.14 to 797.31 per sq ft with a median price per sq ft of $149.25. Class B properties sold for $73.51 to 122.13 per sq ft with a median of $98.42 and class C properties sold for $10.59 to 73.50 per sq ft with a median of $63.48.

Market Valuation

48 Springwood Sq appears to be a C Class property. Suggested value: $33,194

Value38,433 33,194 5,537

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $43,844. 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 48 Springwood Sq:

  • The Household Income estimate assumes the tenant has a total household income of $18,284 and spends 35% 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 $533
Household Income - Renters $699
Market Rents $606
Price/Ft $750

Expense Estimates:

  • Census data records show 8% 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 48 Springwood Sq. 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.

Monthly Rent606
Annual Rent per Sq Ft12.00
Gross Annual Rent7,273
Vacancies and Bad Debt13%
Vacancies and Bad Debt Amount946
HOA, Utilities and CAM0
Property Taxes846
Management Fees727
Cap Rate9
Estimated Value43,844
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 $54,789. The bottom 10% of the population earn less than $18,284 per year. The top 10% earn more than $132,640 per year. The top 1% earn more than $452,976 per year. Most renters earn between $25,404 (20th percentile) and $45,192 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $109,578 and $136,973.

The tax assessed value of this property places it in percentile 10 of all properties in this area. This suggests it would appeal to someone earning around $18,284 per year who should qualify for a mortgage between $36,568 and $45,710.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $877. Most renters earn between $2,117 and $3,766 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $644 (20th percentile) to $1,182 (80th percentile) range. The residential vacancy rate is 8%.

This property falls in percentile 10 of all properties in this area. This corresponds to a rent of $520 per month and a monthly household income of $1,740 ($20,880 per year)


  1. 48 Springwood Sq, Port Orange, FL on Zillow
  2. Recent Sales near 48 Springwood Sq, Port Orange, FL on Realtor.com
  3. 48 Springwood Sq, Port Orange, FL on Google Maps
  4. 48 Springwood Sq Walkscore
  5. Port Orange, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. W.D. Sparkling Solutions, Inc (91 Moonstone Ct)
  2. Debarba Tile And Stone, Inc. (102 Springwood Sq)
  3. Krupa Property Management LLC (82 Springwood)

Sales History

DateSold BySold ToDeed TypePrice
09/15/1983 Not Recorded Not Recorded Warranty Deed/Special Warranty Deed 52,000.00
09/15/2000 Not Recorded Not Recorded Warranty Deed/Special Warranty Deed 38,000.00
01/28/2005 Not Recorded Buyer: 1085663 Warranty Deed/Special Warranty Deed 87,500.00
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.