NOT LISTED FOR SALE

Estimated Value: $446,000 - $497,301

2 Beds
2 Baths
960 Sq Ft
$575/mo HOA Fee

Last Sold May 10, 2023

Last sale price $525,000 $547 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,669/month

275 Days on Market

Highlights

  • Waterfront
  • Heated Pool
  • Balcony
  • Coronado Beach Elementary School Rated 10
  • Furnished
  • Tile Flooring

About This Home

As of May 2023

Great location for this 2 bed, 2 bath condo in a direct ocean front complex. You will enjoy the balcony view of the ocean and pool. This washer and dryer are located in the unit. Ocean Reef Villas is located just one mile from Flagler Avenue and has easy access to the beach. The unit comes beautifully furnished and is turnkey. You can move right in. Recently replaced were a new dishwasher, garbage disposal and Air Conditioner unit. Additional shared storage is available in the common area. There is a full time onsite manager, with rental assistance available if needed. This unit has a great rental history. Just under $35,000 for 2021. There is plenty of open parking with carports available to owners. RV and boat parking allowed and located across the street. Don't miss this opportunity to own this little piece of paradise. All information is intended to be accurate but is not guaranteed. ;Water: City

Last Agent to Sell the Property

Janet Geriak

PARADISE PROPERTIES OF NSB License #3169997 Listed on: 06/29/2022

Last Buyer's Agent

Gwendolin Fox-Curley

ENGEL & VOLKERS NEW SMYRNA License #3340272

ENGEL & VOLKERS NEW SMYRNA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,802

Year Built

  • Built in 1971

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Entry on the 4th floor
  • Concrete Siding

Interior Spaces

  • 960 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Seawall
  • Balcony

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7415-05-00-4030

Community Details

Overview

  • Association fees include cable TV, pool, insurance, internet, ground maintenance, pest control, trash
  • Ocean Reef Villas Association, Phone Number (386) 426-5684
  • Ocean Reef Villas Subdivision

Recreation

  • Waterfront
  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,802

Year Built

Built in 1971

Lot Details

0

HOA Fees

$575 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Internet, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Living Area: 960
  • Year Built: 1971
  • Building Area Total: 1080
  • Directions to Property: 44 East to beachside. Located between Best Western and Islander.
  • Status: Sold
  • Street Direction: S
  • Floor Number: 4
  • List Office Head Office Key Nume: 200501389
  • RATIO Current Price By Calculate: 546.88
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 4
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 1571
  • Room Count: 5

Exterior Features

  • Pool Features: Heated
  • Exterior Features: Balcony
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Extras: Seawall - Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Open

Utilities

  • Heating: Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 1725
  • Association Fee Frequency: Quarterly
  • Association Name: Ocean Reef Villas
  • Phone: 386-426-5684
  • Senior Community: No
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: Ocean Reef Villas
  • Pet Restrictions: OwnlerOnly,
  • Association Email: linda@surfcoastrealty.com
  • Development: Ocean Reef Villas

Lot Info

  • Zoning: R6
  • Parcel Number: 7415-05-00-4030

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
May 10, 2023
Sold by
Gibson Doug T
Bought by
Goll Andrew W and Goll Trina L
Seller's Agent
Janet Geriak
PARADISE PROPERTIES OF NSB
Buyer's Agent
Gwendolin Fox-Curley
ENGEL & VOLKERS NEW SMYRNA
List Price
$599,900
Sold Price
$525,000
Premium/Discount to List
-$74,900
-12.49%
Current Estimated Value
$478,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,925
Avg. Annual Appreciation
-3.75%
Original Mortgage
$367,500
Outstanding Balance
$357,150
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$120,925

Purchase Details

Closed on
Oct 30, 2014
Sold by
Chase Steven B and Chase Donna A
Bought by
Gibson Doug T and Baker Jonathan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,300
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2010
Sold by
Gibney Erika
Bought by
Chase Steven B and Chase Donna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2005
Sold by
Gibney Erika Conrad
Bought by
Gibney Erika and Erika Gibney Revocable Trust

Purchase Details

Closed on
Nov 30, 2000
Sold by
Rishoi William M and Rishoi Pamela E
Bought by
Conrad Mary P

Purchase Details

Closed on
Dec 15, 1972
Bought by
Gibson Doug T
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
Goll Andrew W $525,000 Fidelity National Title
Gibson Doug T $247,000 Principal Title Services Llc
Chase Steven B $240,000 Fidelity Natl Title Ins Co
Gibney Erika -- --
Conrad Mary P $135,000 --
Gibson Doug T $29,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goll Andrew W $367,500
Previous Owner Gibson Doug T $222,300
Previous Owner Chase Steven B $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2023 05/10/23 Sold $525,000 -12.5% $547 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
06/29/2022 06/29/22 For Sale $599,900 -- $625 / 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 $6,802 $435,008 -- $435,008
2024 $6,802 $435,008 -- $435,008
2023 $6,802 $435,008 $0 $435,008
2022 $6,081 $386,879 $0 $386,879
2021 $5,570 $308,516 $0 $308,516
2020 $5,309 $292,881 $0 $292,881
2019 $5,326 $301,378 $0 $301,378
2018 $4,790 $249,090 $1 $249,089
2017 $4,571 $229,999 $57,500 $172,499
2016 $4,568 $214,704 $0 $0
2015 $4,515 $203,940 $0 $0
2014 $4,305 $191,312 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1069335

Stellar MLS

APN: 7415-05-00-4030