NOT LISTED FOR SALE

161 Coral Reef Way Daytona Beach, FL 32124

Latitude Margaritaville Neighborhood

Estimated Value: $678,116 - $775,000

2 Beds
2.5 Baths
2,338 Sq Ft
$309/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $525,000 $225 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,619/month

Highlights

  • Beach Access
  • Gated Community
  • Sauna
  • New Construction
  • Clubhouse
  • Corner Lot

About This Home

As of October 2020

Your new home in paradise features exciting recreation, unmatched dining, and fantastic nightlife. The oversized outdoor pool, the bandshell area along with the wonderful dining make this a great place to live. The moment you open the doors of this fantastic home you will be wowed! Gorgeous upgrades tastefully put together to make this a wonderful home. Many custom features such as the beautiful stained glass inserts at the entryway. Owners have also spared no expense in the kitchen. Fabulous custom glass in the cabinetry. Coffered ceilings in the living room add to the dramatic ceiling height. Home features 2 bedrooms plus a flex room being used as an office. Home has a 3 car garage, and screened in lanai. Room for a Pool. Come View this home today!

Last Agent to Sell the Property

Jeffrey Kregg

Coldwell Banker Premier Properties (A1A Beach) Listed on: 08/05/2020

Coldwell Banker Premier Properties (A1A Beach)

Last Buyer's Agent

COMP AGENT

Comp Office-Sold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Permeable Paving
  • Corner Lot
  • Sprinkler System
  • Property is zoned RSF

HOA Fees

  • $224 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Split Level Home
  • Concrete Block With Brick
  • Slab Foundation
  • Advanced Framing
  • Shingle Roof
  • Metal Roof
  • Stucco Exterior

Interior Spaces

  • 2,338 Sq Ft Home
  • 1-Story Property
  • Low Emissivity Windows
  • Insulated Windows
  • Screened Porch
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Beach Access

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Private Water Source
  • Tankless Water Heater

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 5208-05-00-4210

Community Details

Overview

  • Association fees include community maintained

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Exercise Course

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,074

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • Acreage: Less Than 1/4 Acre
  • Additional Marketing: Yes
  • Association Maintenance Fee: 224
  • Class: Residential
  • Closing Price Per Sq Ft: 224.55
  • Construction: Concrete Block, Stucco
  • Entry Level2: Ground Level
  • Extras: Auto Sprinkler, Bedroom Downstairs, Hoa, Insulated Windows
  • Green Features Constructn: Advanced Framing, Energy Eff/Low E Windows
  • Green Features Exterior: Permeable Driveway/Walks
  • Green Features Interior: Energy Star Appliances, Low Flow Plumbing Fixture, Programmable Thermostat, Tankless Water Heater-Gas
  • Heat: Central, Electric
  • Hoa Fees: Community Maintained
  • Hoa Restrictions: 55+
  • Hoa Term: Monthly
  • HOA: Yes
  • Homestead Exemption Yn: Yes
  • Legal Description: 8-15-32 LOT 421 LATITUDE AT DAYTONA BEACH PHASE 1C MB 59 PG 28-36 PER OR 7668 PG 2210
  • Listing Price Sq Ft: 224.51
  • Lot Land Type: Corner
  • Lvt Date: 08/05/2020
  • Other Sq Ft: 500
  • Personal Property: Ceiling Fans, Dishwasher, Disposal, Garage Door, Microwave, Range, Refrigerator
  • Screened Porch: Yes
  • Split Plan: Yes
  • Stories In Building: 1 To 3
  • Style: Single Family Home
  • Type Of Property: Single Family
  • Waste: Sewer
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Primary Bathroom: Tub/Shower Separate
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 15x12
  • Bedrooms: 2
  • Den Office: Dimensions: 12x11
  • Dining Room: Dimensions: 15x12
  • Entry Level: Ground Level
  • Florida Room: Dimensions: 20x11
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 15x12
  • Living Room: Dimensions: 23x20
  • Living Sq Ft: 2338
  • Master Bedroom: Dimensions: 17x14, On Level: 1
  • Price Per Sq Ft: 224.55

Exterior Features

  • New Construction: Yes
  • Roof: Metal, Shingle
  • Stories: 1
  • Substructure: Slab

Garage/Parking

  • Parking Facilities: 3 Car Garage

Utilities

  • Air Conditioner: Central, Electric
  • Security: Security Gate, Full-Time
  • Water: Private

Condo/Co-op/Association

  • Community Features: Beach Access, Clubhouse, Exercise, Gated, Pool Heated, Sauna, Tennis
  • Management: Full-Time

Lot Info

  • Lot Size: 8700
  • Zoning: RSF
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 5208-05-00-4210
  • Taxes: 1074
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Oct 19, 2020
Sold by
Gordon Ronald D and Gordon Debra A
Bought by
Carter Lola and Chance Mark
Seller's Agent
Jeffrey Kregg
Coldwell Banker Premier Properties (A1A Beach)
Buyer's Agent
COMP AGENT
Comp Office-Sold
List Price
$529,000
Sold Price
$525,000
Premium/Discount to List
-$4,000
-0.76%
Current Estimated Value
$721,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,529
Avg. Annual Appreciation
6.53%
Original Mortgage
$125,000
Outstanding Balance
$110,978
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$610,551

Purchase Details

Closed on
Mar 7, 2019
Sold by
Minto Communities Llc
Bought by
Gordon Ronald D and Gordon Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,600
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Carter Lola $525,000 Clear Title Of Florida Llc
Gordon Ronald D $486,290 Clear Title Of Florida Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Lola $125,000
Previous Owner Gordon Ronald D $360,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $525,000 0.0% $225 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
08/20/2020 08/20/20 Price Changed $524,900 -0.8% $225 / Sq Ft
08/05/2020 08/05/20 For Sale $529,000 -- $226 / Sq Ft
Source: St. Augustine and St. Johns County Board 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 $7,320 $477,717 -- --
2024 $7,320 $464,254 -- --
2023 $7,320 $450,733 $0 $0
2022 $7,181 $437,605 $0 $0
2021 $7,393 $424,859 $84,200 $340,659
2020 $6,376 $371,780 $64,000 $307,780
2019 $1,074 $54,600 $54,600 $0
2018 $432 $21,228 $21,228 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeffrey Kregg

    Coldwell Banker Premier Properties (A1A Beach)

    (732) 597-3467

    18 Total Sales

    Jeffrey Kregg
    Section Image

  • C

    Buyer's Agent in 2020

    COMP AGENT

    Comp Office-Sold

See All Agents

Map

Source: St. Augustine and St. Johns County Board of REALTORS®

MLS Number: 197380

St. Augustine and St. Johns County Board of REALTORS®

APN: 5208-05-00-4210

Florida Volusia County Daytona Beach 32124 Latitude Margaritaville

161 Coral Reef Way, Daytona Beach, FL

This home is located at 161 Coral Reef Way, Daytona Beach, FL 32124 since 05 August 2020 and is currently estimated at $721,529, approximately $308 per square foot. This property was built in 2019. 161 Coral Reef Way is a home located in Volusia County with nearby schools including Champion Elementary School, David C. Hinson Sr. Middle School, and Mainland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.
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St. Johns County Board of REALTORS®. All rights reserved.

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