NOT LISTED FOR SALE

Estimated Value: $1,615,967 - $1,977,000

3 Beds
2 Baths
2,428 Sq Ft
$761/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $1,750,000 $721 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,902/month

100 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Saltwater Pool
  • Shutters
  • Coronado Beach Elementary School Rated 10
  • Wood Flooring
  • Sliding Doors

About This Home

As of June 2022

Rare ocean front property in coveted New Smyrna Beach neighborhood!
NEW ROOF to be installed by sellers - Permits and Plans in place for interior renovations!

This opportunity will not last. Now is the time to purchase this rare ocean front property on New Smyrna's coveted "North Beach" and have your own piece of the NSB coastline. One of the best features of this property is the beach front pool which overlooks the dunes at a +20 ft elevation. Sit back on your patio or enjoy a cocktail in your pool and watch the waves roll in.

The current home is made up of 3 bedrooms and 2 baths with 2,428 SF of living space. The renovation plans include an additional bathroom and a half bath, open concept kitchen, large master suite, and laundry room as well as the addition of a bedroom on the first floor making the home a 4 bed 3.5 bath beachside dream home.

Some of the principals in this transaction are licensed real estate agents, including those at the Kern Company. All permits and plans are included in the purchase price.

The home is being sold AS IS with permits and fully approved renovation plans. This is the chance to add your own flair and style to this incredible beach front home. Now is the time to purchase this property and create the home of your dreams ;Water: City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,948

Year Built

  • Built in 1980

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50 x 200
  • Property fronts gulf or ocean
  • Property is zoned R 1

Home Design

  • Bi-Level Home
  • Metal Roof
  • Concrete Siding
  • HardiePlank Type
  • Stucco

Interior Spaces

  • 2,428 Sq Ft Home
  • Shutters
  • Sliding Doors
  • Full Gulf or Ocean Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Saltwater Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7404-10-02-0090

Community Details

Overview

  • Colin Park Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,948

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete, HardiPlank Type, Stucco
  • Fireplace: Yes
  • Living Area: 2428
  • Lot Size Acres: 0.23
  • Year Built: 1980
  • Building Area Total: 4492
  • Directions to Property: From Flagler Ave drive north on N Atlantic Ave just past the Beachway beach entrance.
  • Status: Sold
  • Street Direction: N
  • List Office Head Office Key Nume: 703461267
  • RATIO Current Price By Calculate: 720.76
  • MFR_InLawSuiteYN: 0
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Split Bedroom
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: Two
  • Window Features: Shutters
  • Street Number Modifier: 1409
  • Room Count: 7

Exterior Features

  • Pool Features: Salt Water
  • Exterior Features: Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Gulf/Ocean - Full

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Development: Not In Subdivision

Lot Info

  • Zoning: R 1
  • Parcel Number: 7404-10-02-0090
  • Lot Features: City Limits
  • Lot Dimensions: 50 X 200

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Jun 21, 2022
Sold by
1409 N Atlantic Partners Llc
Bought by
Koba Group Nsb Llc
List Price
$2,150,000
Sold Price
$1,750,000
Premium/Discount to List
-$400,000
-18.6%
Current Estimated Value
$1,847,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,656
Avg. Annual Appreciation
1.71%
Original Mortgage
$1,312,500
Outstanding Balance
$1,252,178
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$595,478

Purchase Details

Listed on
Sep 15, 2020
Closed on
Apr 14, 2021
Sold by
Schultz Krista A
Bought by
1409 N Atlantic Partners Llc
Seller's Agent
Stefanie Santiago
ANN TITUS
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$1,525,000
Sold Price
$1,300,000
Premium/Discount to List
-$225,000
-14.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.38%

Purchase Details

Closed on
Apr 6, 2015
Sold by
Schultz Christopher K and Schultz Krista A
Bought by
Schultz Krista A

Purchase Details

Closed on
Mar 15, 2006
Sold by
Shipps Peter J and Shipps Marcia H
Bought by
Schultz Christopher K and Schultz Krista A

Purchase Details

Closed on
Nov 16, 2005
Sold by
Llewellyn Phylis
Bought by
Shipps Peter J and Shipps Marcia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 31, 2000
Sold by
Macmillan Dorothy Schutt
Bought by
Shipps Peter J and Shipps Marcia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.23%

Purchase Details

Closed on
Sep 15, 1992
Bought by
Schultz Krista A

Purchase Details

Closed on
May 15, 1991
Bought by
Schultz Krista A

Purchase Details

Closed on
Jun 15, 1990
Bought by
Schultz Krista A
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
Koba Group Nsb Llc $1,750,000 Ben-Hamo Law Pllc
Koba Group Nsb Llc $1,750,000 None Listed On Document
1409 N Atlantic Partners Llc $1,300,000 First American Title Ins Co
Schultz Krista A -- Attorney
Schultz Christopher K $1,650,000 None Available
Shipps Peter J -- None Available
Shipps Peter J $395,000 --
Schultz Krista A $100 --
Schultz Krista A $100 --
Schultz Krista A $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koba Group Nsb Llc $1,312,500
Closed Koba Group Nsb Llc $1,312,500
Previous Owner Shipps Peter J $100,000
Previous Owner Shipps Peter J $350,000
Previous Owner Shipps Peter J $275,000
Previous Owner Shipps Peter J $249,500
Previous Owner Shipps Peter J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $1,750,000 -18.6% $721 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $2,150,000 +65.4% $886 / Sq Ft
04/14/2021 04/14/21 Sold $1,300,000 -10.3% $535 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/04/2021 02/04/21 Price Changed $1,450,000 -3.0% $597 / Sq Ft
11/05/2020 11/05/20 Price Changed $1,495,000 -2.0% $616 / Sq Ft
09/15/2020 09/15/20 For Sale $1,525,000 -- $628 / Sq Ft
Source: Stellar MLS

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 $22,948 $1,355,538 $800,000 $555,538
2024 $22,948 $1,337,880 $800,000 $537,880
2023 $22,948 $1,339,595 $800,000 $539,595
2022 $21,289 $1,256,792 $737,500 $519,292
2021 $19,291 $1,081,597 $662,500 $419,097
2020 $18,051 $1,049,966 $616,250 $433,716
2019 $18,521 $1,038,236 $616,250 $421,986
2018 $17,639 $936,743 $400,000 $536,743
2017 $16,672 $867,522 $375,000 $492,522
2016 $16,334 $804,277 $0 $0
2015 $15,384 $752,370 $0 $0
2014 $13,957 $649,572 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1067528

Stellar MLS

APN: 7404-10-02-0090