Greenbriar Ave., Ormond Beach , FL 32174

no images were found

Great Ormond Beach flip in the Tanglewood Forest neighborhood. This home needs it all but has some great comps on it. It needs everything from a roof, windows, A/C (but has duct work), electrical updates, some plumbing upgrades, the septic and drain field need to be replaced, as well as there is some past termite damage. Estimated rehab to be $50-60k, about $25k or less for a rental.

The comps in this area put this house in the $250k range. Most of the comps are just clean and not full rehabs. This neighborhood also has access to a private boat ramp that is including in the voluntary association for a small fee per month. I think it is $25.

Tanglewood Forest, Voluntary Monthly HOA: $25

Est. Rehab: $50,000 – $60,000

Est. ARV: $250,000

Recent Area Sales / Activity:

• 320 Tulip Tree Lane – 4/2, 1470 SF – just clean with minor updates and is listed for $259,000 and under 2 weeks on the market
• 337 Tulip Tree Lane – 3/2, 1332 SF – a fixer upper and sold for $160,000. I believe this is one that is being rehabbed right now.
• 373 Tulip Tree Lane – 3/2, 1871 SF – nice on the outside but needed a full updating inside and sold for $215,000 on 11/17