3BR/ 2BA Home at 3418 Umbrella Tree Dr in Edgewater

Edgewater, FL: 3BR/ 2BA Home & 1979 Chevrolet Corvette The Living Estate of Greg & Karen Brotherton Online Only Auction 3BR/ 2BA Home at 3418 Umbrella Tree Dr, Edgewater, FL 32141 (Volusia County) Bidding Starts to Close: Thursday, March 21, 2024, at 2 PM ET Property Inspection (By Appointment Only): Saturday, March 16, 2024, starting at 10 AM ET Property Description: This move-in ready 1,260± SFLA concrete block home was built in 1990 and features 3 bedrooms and 2 bathrooms on an 80'x125'± lot. The property has a 336± SF single-car garage, a 288± SF screen room, and an 80± SF shed. This home features solid Canadian maple hardwood floors in the living and dining room repurposed by the University of Miami. New AC installed May 2023. 2023 Volusia County Property Taxes: $668.76 (paid by the seller). 2024 taxes will be prorated as of closing, and the sale will trigger a reassessment of future taxes. 2024 Volusia County Working Just/ Market Value: $233,680 Property Taxes: Per Florida law, a sale of real estate may trigger an automatic reassessment of taxes. When purchasing a property with a homestead exemption, there may be a significant increase in the taxable value. All exemptions will be removed on January 1 of the year following the sale. Both the homestead exemption and the Save Our Homes cap are NOT transferable to the new owner. The property's value is reset to the total Just/Market Value, and the new owner must apply for a new homestead exemption. If the new owner is moving from another home in Florida, they may apply for the Transfer of Difference (Portability) from their previous residence within three years of abandoning their prior homestead. Please use our Property Tax Estimator to estimate taxes under new ownership.