NOT LISTED FOR SALE

140 Via Madrid Dr Ormond Beach, FL 32176

Estimated Value: $604,000 - $686,000

3 Beds
3.5 Baths
2,255 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $520,000 $231 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,259/month

3 Days on Market

Highlights

  • Ocean Front
  • Deck
  • No HOA
  • RV Access or Parking
  • Wood Flooring
  • Balcony

About This Home

As of May 2021

Recent appraisal for $536k! Motivated Seller! No HOA. This Mediterranean style beach home, custom built in 2015 by Vanacore, features 2 master suites, multiple outdoor living areas, and a finished shed with electricity for an office/art room/she shed/playroom, etc. The open floor plan kitchen, main living and dining areas are located on the second floor, which also includes a wood burning fireplace, balcony and half bath. The spacious kitchen has extra tall cabinets for lots of storage space, granite counters and a stainless steel appliance package with a double oven. The master suite on the first floor has a step in shower and direct access to the back yard patio and courtyard. The other master suite is located on the third floor with a soaking room complete with a claw foot tub, with sunset views to the west. There is also a separate step-in shower, double vanity, walk in closet and a private balcony with ocean view. The 3rd bedroom upstairs includes its own tub/shower combo bathroom.

The courtyard located on the west side of the house is perfect for entertaining. Large fenced in back yard is perfect for playing with the dogs or parking an RV or boat, and the "she shed" in the back yard would also make a perfect play house for the kids! Located on a quiet one way street with easy access to the beach and river - on the no-drive section of the beach.

Bathtub in 3rd floor master could be removed for an office space. Shed could be removed for pool space!

Last Agent to Sell the Property

Amy Goodson

Adams, Cameron & Co., Realtors License #3400407 Listed on: 03/11/2021

Last Buyer's Agent

Amy Kolis

Simply Real Estate License #3310140

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,332

Year Built

  • Built in 2015

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 53x115
  • Ocean Front
  • Northeast Facing Home
  • Fenced

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Interior Spaces

  • 2,255 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Avalon By The Sea Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 3221-01-00-0240

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,332

Year Built

Built in 2015

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: 53x115
  • Road Surface Type: Paved
  • Subdivision Name: Avalon By The Sea
  • Directions: A1A north from Granada to Via Madrid Dr.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 2015
  • Reso Property Type: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roof:Tile2: Yes
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Lot Size Dimensions: 53x115
  • General Property Information Direction Faces: Northeast
  • General Property Information Homestead YN: Yes
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 3221-01-00-0240
  • Location Tax and Legal:Tax Annual Amount: 6332.0
  • Location Tax and Legal:Tax Year: 2019
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Levels Three Or More: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • ViewOcean: Yes
  • Location Tax and Legal Zoning Description: Single Family
  • Fencing Fenced: Yes
  • Flooring Wood: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room: Yes
  • Room Types Living Room: Yes
  • Room Types Living Room Level: U
  • Room Types Dining Room Level: U
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Disposal, Dishwasher
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2255.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Fencing: Fenced
  • View: Ocean
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: Northeast
  • Exterior Features: Balcony
  • Patio And Porch Features: Deck, Patio, Porch, Rear Porch
  • Roof: Tile
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Exterior Features:Balcony: Yes
  • Patio And Porch Features:Deck: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, RV Access/Parking
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 3221-01-00-0240
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6332.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
May 4, 2021
Sold by
Masini Angelina Louise
Bought by
Bethea Noel Jennifer and Bethea Kenneth Ernst
Seller's Agent
Amy Goodson
Adams, Cameron & Co., Realtors
Buyer's Agent
Amy Kolis
Simply Real Estate
List Price
$520,000
Sold Price
$520,000
Current Estimated Value
$647,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,603
Avg. Annual Appreciation
5.02%
Original Mortgage
$538,720
Outstanding Balance
$488,215
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$159,388

Purchase Details

Listed on
Aug 7, 2014
Closed on
Jan 29, 2015
Sold by
Dudley Joseph P
Bought by
Masini Angelina Louise
Seller's Agent
Donna Smith
Volusia Realty Associates, Inc
Buyer's Agent
Cheryl Jenkins
EXIT Real Estate Property Solutions
List Price
$56,900
Sold Price
$56,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.40%
Original Mortgage
$274,796
Interest Rate
3.88%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 3, 2010
Sold by
Phillips Craig A and Hull Lon E
Bought by
Dudley Joseph P and Emma Teta Irrevocable Trust

Purchase Details

Closed on
Jul 21, 2004
Sold by
Marianetti Tony and Marianetti Patricia
Bought by
Budgen Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,350
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2003
Sold by
Dean Ruth E and Obsitnik Ruth E
Bought by
Dean William S

Purchase Details

Closed on
May 20, 2002
Sold by
Francisco Linda L
Bought by
Dean William

Purchase Details

Closed on
Apr 8, 2002
Sold by
Dean William S and Dean W
Bought by
Marianetti Tony and Marianetti Patricia

Purchase Details

Closed on
Jan 22, 2002
Sold by
Francisco Linda L
Bought by
Dean William and Obsinik Ruth

Purchase Details

Closed on
Aug 11, 1999
Sold by
Bigonzoni Giuseppe and Amico Gisleo
Bought by
Francisco Linda L

Purchase Details

Closed on
Feb 15, 1981
Bought by
Masini Angelina Louise
Source: Public Records

Range of Values:

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Average Value
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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
Bethea Noel Jennifer $520,000 Smarttitle Services
Masini Angelina Louise $56,900 Professional Title Agency In
Dudley Joseph P -- Professional Title New Smyrn
Dudley Joseph P $56,000 Professional Title New Smyrn
Budgen Construction Inc $91,500 Associated Land Title Group
Dean William S -- --
Dean William -- --
Marianetti Tony $65,000 --
Dean William $33,400 --
Francisco Linda L $15,000 --
Masini Angelina Louise $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bethea Noel Jennifer $538,720
Previous Owner Masini Angelina Louise $274,796
Previous Owner Budgen Construction Inc $82,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2021 05/04/21 Sold $520,000 0.0% $231 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $520,000 +813.9% $231 / Sq Ft
01/30/2015 01/30/15 Sold $56,900 0.0% -- View Prior Sale
11/03/2014 11/03/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $56,900 -- --
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
2025 $10,024 $595,733 $148,000 $447,733
2024 $10,024 $592,181 $148,000 $444,181
2023 $10,024 $583,713 $151,500 $432,213
2022 $9,004 $474,785 $110,000 $364,785
2021 $7,613 $372,986 $88,000 $284,986
2020 $6,384 $352,724 $0 $0
2019 $6,332 $344,794 $76,500 $268,294
2018 $6,306 $339,459 $0 $0
2017 $6,337 $332,477 $52,500 $279,977
2016 $7,304 $326,327 $0 $0
2015 $986 $46,500 $0 $0
2014 $920 $46,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1074871

Daytona Beach Area Association of REALTORS®

APN: 3221-01-00-0240