NOT LISTED FOR SALE

Van Lee Condominiums 1051 Ocean Shore Blvd Unit PH5 Ormond Beach, FL 32176

Estimated Value: $452,000 - $518,000

2 Beds
2 Baths
1,200 Sq Ft
$595/mo HOA Fee

Last Sold September 12, 2022

Last sale price $560,000 $467 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $3,647/month

1 Day on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Hurricane or Storm Shutters
  • In Ground Pool
  • Balcony
  • Living Room

About This Home

As of September 2022

Stunning remodeled direct oceanfront 2/2 condo. The PENTHOUSE home has been completely renovated with upscale & high end finishes creating a warm, inviting space with spectacular views. Porcelain tile throughout. Kitchen has large island with beautiful quartz countertops. Stainless appliances. Crown molding. Recessed lighting. Large comfortable living area with sliding doors to balcony. Designer shades and window treatments. Spa like bathrooms with quartz countertops and spacious shower with 2 shower heads. Barn door separating bedroom from bathroom. Private Laundry closet just outside front door with extra storage. Watch sunsets from front balcony. One assigned underground parking close to elevators. Plenty of guest parking. No drive beach. Electric shutters on ocean side windows

Last Agent to Sell the Property

Kelley Sarantis

Bob Hodges and Sons Realty License #600039 Listed on: 07/26/2022

Last Buyer's Agent

Lori Schultz

RE/MAX Signature

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,421

Year Built

  • Built in 1982

HOA Fees

  • $595 Monthly HOA Fees

Home Design

  • Entry on the 14th floor
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Accessible Common Area
  • Non-Toxic Pest Control

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 4203-34-00-1405

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, pest control, security, sewer, trash, water
  • Van Lee, A Condo, The Subdivision
  • On-Site Maintenance

Recreation

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Hurricane or Storm Shutters
  • Fire Sprinkler System

Additional Features

  • Clubhouse
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,421

Year Built

Built in 1982

Lot Details

0

HOA Fees

$595 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: 0
  • Road Surface Type: Paved
  • Subdivision Name: Van Lee, A Condo, The
  • Directions: Ocean Shore between Plaza and Riverbreeze
  • Carport Y N: No
  • Entry Level: 14
  • Unit Levels: Three Or More
  • Year Built: 1982
  • Reso Property Type: Residential
  • Reso Room Type: UtilityRoom
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • General Property Information Lot Size Dimensions: 0
  • General Property Information CDD Fee YN: No
  • General Property Information Homestead YN: Yes
  • Location Tax and Legal:Parcel Number: 4203-34-00-1405
  • Location Tax and Legal:Tax Annual Amount: 3421.0
  • Location Tax and Legal:Tax Year: 2021
  • Cooling:Central Air: Yes
  • Levels Three Or More: Yes
  • Pool Features In Ground2: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • ViewOcean: Yes
  • Security Features:Fire Sprinkler System: Yes
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room: Yes
  • Association Amenities Management- On Site: Yes
  • Room Types Living Room: Yes
  • Room Types Living Room Level: M
  • Pets Allowed:Size Limit: Yes
  • Room Types Utility Room: Yes
  • Room Types Dining Room Level: M
  • Room Types Utility Room Level: M
  • Roof Tar Gravel: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Accessibility Features: Common Area
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Split Bedrooms
  • Living Area: 1200.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes
  • Pool Features:Community: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Pool Features: Community, In Ground
  • View: Ocean
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Exterior Features: Balcony, Storm Shutters
  • Roof: Tar/Gravel
  • Accessibility Features:Common Area: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Underground
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes

Utilities

  • Laundry Features: In Unit
  • Security: Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Management- On Site
  • Association Fee: 595.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Size Limit

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 595.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Cable TV2: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Other4: Yes
  • Association Fee Includes:Security2: Yes

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Structure, Pest Control, Security, Sewer, Trash, Water, Other

Lot Info

  • Parcel #: 4203-34-00-1405

Tax Info

  • Tax Annual Amount: 3421.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Oct 4, 2022
Sold by
Ward David M and Ward Lenise R
Bought by
Paloma Penthouse V Llc
Seller's Agent
Kelley Sarantis
Bob Hodges and Sons Realty
Buyer's Agent
Lori Schultz
RE/MAX Signature
List Price
$560,000
Sold Price
$560,000
Current Estimated Value
$478,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,063
Avg. Annual Appreciation
-4.55%

Purchase Details

Listed on
Jul 26, 2022
Closed on
Sep 12, 2022
Sold by
Pigott Sandra L
Bought by
Ward David M and Ward Lenise R
Seller's Agent
Kelley Sarantis
Bob Hodges and Sons Realty
Buyer's Agent
Lori Schultz
RE/MAX Signature
List Price
$560,000
Sold Price
$560,000

Purchase Details

Listed on
Jul 10, 2014
Closed on
Nov 14, 2014
Sold by
Sullivan Mark E and Sullivan Barbara J
Bought by
Sanfilippo Andrew P and Sanfilippo Judy A
Seller's Agent
Robert Allen
Century 21 Sundance Realty
Buyer's Agent
Robert Allen
Century 21 Sundance Realty
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%

Purchase Details

Closed on
Sep 6, 2006
Sold by
Sullivan Mark E and Sullivan Barbara J
Bought by
Sullivan Mark E and Sullivan Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,700
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1998
Sold by
Tamsberg Joseph Lane and Zwiers Rita Wright
Bought by
Sullivan Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.77%

Purchase Details

Closed on
Nov 24, 1998
Sold by
Wright Joseph Jerry and Zwiers Rita Wright
Bought by
Sullivan Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.77%

Purchase Details

Closed on
Feb 15, 1988
Bought by
Pigott Gerard C and Pigott Sandra L

Purchase Details

Closed on
Mar 15, 1982
Bought by
Pigott Gerard C and Pigott Sandra L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Paloma Penthouse V Llc $100 --
Ward David M $560,000 Southern Title Holdings
Sanfilippo Andrew P $245,000 Attorney
Sullivan Mark E $132,350 Nations Title Agency Inc
Sullivan Louise $60,000 --
Sullivan Louise $60,000 --
Pigott Gerard C $111,000 --
Pigott Gerard C $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Mark E $264,700
Previous Owner Sullivan Louise $80,000
Previous Owner Sullivan Louise $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2022 09/12/22 Sold $560,000 0.0% $467 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $560,000 +128.6% $467 / Sq Ft
11/14/2014 11/14/14 Sold $245,000 0.0% $204 / Sq Ft View Prior Sale
07/10/2014 07/10/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $245,000 -- $204 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $6,865 $391,304 -- $391,304
2025 $6,865 $391,304 -- $391,304
2024 $7,642 $430,673 -- $430,673
2023 $7,642 $423,515 $0 $423,515
2022 $3,324 $354,321 $0 $354,321
2021 $3,421 $214,641 $0 $0
2020 $5,522 $279,162 $0 $279,162
2019 $5,448 $279,162 $0 $279,162
2018 $4,969 $242,777 $1 $242,776
2017 $5,695 $269,618 $67,405 $202,213
2016 $5,094 $237,526 $0 $0
2015 $4,757 $209,543 $0 $0
2014 $4,328 $193,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1099508

Daytona Beach Area Association of REALTORS®

APN: 4203-34-00-1405