🏆 TOP OPPORTUNITY
Expired/Re-engagement
KEY DETAILS
Property Type
Residential
Lot Size
14,000 Sq Ft
Living Area
2,806 Sq Ft
Year Built
2005
Bedrooms / Baths
5/3
List Date
04/04/2024
Last Price Change
07/01/2024
List Price
$730,000
973 Stone Lake Dr, Ormond Beach, Florida 32174
Ormond Beach, FL 32174
Residential | Built 2005 | 5/3 | 2,806 Sq Ft
Property Rank
#334
of 10 Selected
Overall Score
89
/100
ELITE
Estimated Market Value
$893,702
$318 / Sq Ft
List Price
$730,000
Equity Spread
$163,702
18.3% Below Market
Discount Pct
18.3%
A Grade
Days on Market
172
Expired/Re-engagement
Investment Summary
973 Stone Lake Dr, Ormond Beach, Florida 32174 in Ormond Beach, Florida is priced below market based on subdivision comps and benchmark analysis. The current discount of 18.3% with 172 days on market supports a expired/re-engagement profile.
89
ELITE
LOCATION & MARKET SNAPSHOT
City
Ormond Beach
ZIP Code
32174
Subdivision
PLANTATION BAY
Asset Class
RESIDENTIAL
Benchmark Level
Subdivision
Comp Count
7
Market Position
Below Selected Benchmark
DOM Category
High
Coordinates
29.3872040, -81.1659060
Value Breakdown
Benchmark Level
Subdivision
Estimated Market Value
$893,702
List Price
$730,000
Equity Spread
$163,702
Discount Percentage
18.3%
Confidence Level
High
Based on 7 comps using Subdivision benchmark logic.
MOTIVATION SIGNALS
Price Reduction
$19,900
2.7%
Days on Market
172 days
High
Price vs Market
18.3% Below Benchmark
Equity Potential
$163,702
IDEAL FOR
Flip
Buy & Hold
Rental
LISTING CONTACT
Agent Name
Eric Zimmerman
Agent Phone
386-846-1515
Agent Email
Eric@Team Zimmerman Realtors.com
Office Name
ADAMS, CAMERON & CO., REALTORS
Office Phone
386-761-6100
Office MLS ID
253000495