2219 Pine Tree Dr, Edgewater

Usage

Single Family

Address:

2219 Pine Tree Dr
Edgewater
FL 32141

Property Size:975 sq ft
Bedrooms:3.00
Bathrooms:1.00
Year Built:1974
Property Class:B3
Latitude:28.959
Longitude:-80.906

Not Offered for Sale

Our records indicate this property is not currently for sale but we may be able to find something similar. Contact us for details.

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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.

Contact us if you want to buy or sell real estate in Edgewater:

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Please quote reference number: 712852 in your email

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Volusia County County, Florida

Volusia County is located in the East Central Florida region. Top industries for Volusia County are Education & Health Services, retail trade, leisure & hospitality, and professional & business services. Volusia County is home to Daytona Beach and the Daytona International Speedway, which hosts NASCAR's most prestigious race: The Daytona 500. Daytona Beach also acts as a popular tourist destination.

Top private sector employers include Florida Hospital, Halifax Health, Wal-Mart, Publix Supermarkets, and Embry-Riddle Aeronautical University. Public Sector employers include Volusia County School Board, County of Volusia, Florida State Government, Daytona State College, and US Government. Volusia County cities and towns include Daytona Beach, DeBary, DeLand, Deltona, Holly Hill, New Smyrna Beach, Orange City, Ormond Beach, and Port Orange. ..more

[Tax Value] [Tax History] [Sales History]
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Links

  1. 2219 Pine Tree Dr, Edgewater, FL on Zillow
  2. Recent Sales near 2219 Pine Tree Dr, Edgewater, FL on Realtor.com
  3. 2219 Pine Tree Dr, Edgewater, FL on Google Maps
  4. Edgewater, FL Property Values on Trulia
  5. Demographic Data for Zipcode 32141 from City-Data.com
  6. Edgewater Demographics from City-Data.com
  7. Phone numbers and opening hours for businesses in the 32141 Zipcode

Owner Details

Companies near this Address

  1. Gear Head Pictures, Inc. (2218 Queen Palm Dr)
  2. Edgewater Cabinetry LLC (2310 Pine Tree Dr)
  3. Presentation Support Service L.L.C. (2231 Orange Tree Dr)

Sales History

DateSold BySold ToDeed TypePrice
03/15/1974 Not Recorded Not Recorded Warranty Deed/Special Warranty Deed 18,000.00
02/15/1980 Not Recorded Not Recorded Warranty Deed/Special Warranty Deed 30,000.00
02/15/1996 Not Recorded Not Recorded Warranty Deed/Special Warranty Deed 50,000.00
12/19/2007 Not Recorded Not Recorded Quit Claim 100.00
05/21/2009 Not Recorded Buyer: 1113786 Quit Claim 12,000.00

Volusia County Real Estate - Edgewater

Edgewater is in East Central Florida. It's population as recorded in the 2010 Census was 20,750. Edgewater is approximately 42 miles from Orlando (population 238,300) and around 23 miles from Deltona (population 85,182).

The median age for residents of Edgewater is 46.7. Around 26.2% of Edgewater households include school aged children and 37.9% of households include individuals aged 65 years or over. Census records indicate 94% of the Edgewater population are White, 2.6% are Black or African American, .2% American Indian, .9% Asian and 1.5% are Two or more Races.

There are 9,929 housing units in Edgewater. 1,143 (11.5%) of these were reported as vacant in the 2010 Census. Edgewater is a tourist destination, 34.4% (394) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,939 residential rental units in Edgewater. 1,783 of them were occupied in 2010 providing a residential rental vacancy rate of 7.7%.

Edgewater links:

Nearby Cities

Local Household Income

The median household income in this part of Florida is $57,352. The bottom 10% of the population earn less than $21,063 per year. The top 10% earn more than $132,242 per year. The top 1% earn more than $491,808 per year. Most renters earn between $27,864 (20th percentile) and $49,416 (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 $926. Most renters earn between $2,322 and $4,118 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $670 (20th percentile) to $1,224 (80th percentile) range. The residential vacancy rate is 9%.

Estimated Value: 2219 Pine Tree Dr

Market Data

In 2013 class A single family properties in Edgewater sold for $82.34 to 396.43 per sq ft with a median price per sq ft of $99.60. Class B properties sold for $50.06 to 82.33 per sq ft with a median of $70.39 and class C properties sold for $11.86 to 50.05 per sq ft with a median of $43.74.

Market Valuation

2219 Pine Tree Dr appears to be a B Class property. Suggested value: $67,103

HighMedianLow
Value78,485 67,103 47,722

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $47,529. 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 2219 Pine Tree Dr:

  • The Household Income estimate assumes the tenant has a total household income of $19,912 and spends 33% 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 $548
Household Income - Renters $726
Market Rents $630
Price/Ft $850

Expense Estimates:

  • Census data records show 9% 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 2219 Pine Tree 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 Rent630
Annual Rent per Sq Ft8.00
Gross Annual Rent7,558
Vacancies and Bad Debt14%
Vacancies and Bad Debt Amount1,058
Maintenance507
HOA, Utilities and CAM0
Property Taxes1,119
Insurance791
Management Fees756
NOI3,327
Cap Rate7
Estimated Value47,529
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.

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.