NOT LISTED FOR SALE

250 Minorca Beach Way Unit 405 New Smyrna Beach, FL 32169

North Beach Neighborhood

Estimated Value: $728,133 - $906,000

3 Beds
2 Baths
1,655 Sq Ft
$623/mo HOA Fee

Last Sold March 24, 2020

Last sale price $561,000 $339 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,790/month

18 Days on Market

Highlights

  • Waterfront
  • Spa
  • Furnished
  • Coronado Beach Elementary School Rated 9+
  • Full Gulf or Ocean Views
  • Balcony

About This Home

As of March 2020

Walls of windows capture the magnificent views from nearly every room inside this home. Enjoy southeastern views of the endless Atlantic ocean and vast blue sky. The home features the open "Indigo" floor plan with modern living room, dining room and eat-in kitchen together. Extend your living area outside on the balcony with access to two floor to ceiling slider doors. The master bedroom features ocean views, comfortable Tommy Bahama furniture, plantation shutters and a spacious walk-in closet. The luxurious master bath features a tiled walk-in shower, soaking bath tub and his/her vanity. Accommodating guest bedroom with views of the Ponce Inlet lighthouse and plantation shutters. Clean guest bath with tub and shower. Additional multi-purpose room is currently being used as a third bedroom with full size bed, armoire and plantation shutters. Interior laundry room with stack front load washer/dryer. Storage cage provided on the same floor. Assigned parking spot in the garage. The Minorca, is a Mediterranean style community home to character and charm. Luxury and convenience have settled in an unspoiled, picturesque setting bordered on three sides by the Atlantic Ocean to the East, the Intracoastal to the West, and the 220-acre Smyrna Dunes Park to the north. With a manned gate house and secure buildings and parking garages, Minorca offers the utmost in privacy and serenity. The energy of an active community occupies this pristine part of the Florida coastline. Pools, tennis courts, a clubhouse community center, boardwalks, beach pavilion and exceptional homes make up this splendid seaside village. Please verify all measurements. REALTOR measured rooms. Seller is related to the listing agent. ;LocationDescription: Condo ;Water: City

Last Agent to Sell the Property

Mimi McKee

OCEAN PROPERTIES & MANAGEMENT License #3258390 Listed on: 02/01/2020

Last Buyer's Agent

Clair Moore

PREMIER SOTHEBY'S INTL. RLTY License #3377671

PREMIER SOTHEBY'S INTL. RLTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,732

Year Built

  • Built in 2005

Lot Details

  • Irrigation

HOA Fees

Home Design

  • Entry on the 4th floor
  • Slate Roof
  • Built-Up Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,655 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Reserved Parking

Pool

  • Spa
  • Heated Pool

Outdoor Features

  • Limited Water Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 740507070405

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, security, trash
  • Minorca Paros Association, Phone Number (386) 423-7796
  • Minorca Property Owners Association, Phone Number (386) 402-8739
  • Minorca Condos
  • Palms At Minorca Ph 02 Condo Subdivision
  • 8-Story Property

Recreation

  • Waterfront
  • Community Pool

Pet Policy

  • Pet Size Limit
  • 1 Pet Allowed
  • Breed Restrictions

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,732

Year Built

Built in 2005

Lot Details

0

HOA Fees

$623 per month

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Grounds, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Living Area: 1655
  • Year Built: 2005
  • Building Area Total: 1810
  • Status: Sold
  • Floor Number: 4
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 338.97
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 8
  • Window Features: Blinds, Drapes

Exterior Features

  • Pool Features: Heated
  • Exterior Features: Balcony, Irrigation System
  • Roof: Built-Up, Slate
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Limited Access
  • Water View: Gulf/Ocean - Full

Garage/Parking

  • Parking Features: Garage Door Opener, Reserved, Underground

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 442
  • Association Fee Frequency: Monthly
  • Association Name: Minorca Paros
  • Phone: 386-423-7796
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Association #2 Fee: 181
  • Association #2 Fee Frequency: Monthly
  • Association: Minorca Property Owners
  • Association Phone #2: 386-402-8739
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: Minorca
  • Development: Minorca

Lot Info

  • Zoning: RR-PUD
  • Parcel Number: 740507070405
  • Lot Features: City Limits

Rental Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2020
Sold by
Sterling Richard R and Sterling Donna J
Bought by
Sterling Donna J and Richard R Sterling Holding Tru
Current Estimated Value
$814,783

Purchase Details

Listed on
Feb 1, 2020
Closed on
Mar 24, 2020
Sold by
Bland Mary Jane and Bland Mary Jane
Bought by
Sterling Donna J and Sterling Richard R
Seller's Agent
Mimi McKee
OCEAN PROPERTIES & MANAGEMENT
Buyer's Agent
Clair Moore
PREMIER SOTHEBY'S INTL. RLTY
List Price
$580,000
Sold Price
$561,000
Premium/Discount to List
-$19,000
-3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$448,800
Outstanding Balance
$396,719
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$418,064

Purchase Details

Listed on
Sep 14, 2018
Closed on
Dec 14, 2018
Sold by
Rossmeyer Otto K and Rossmeyer Diane C
Bought by
Bland Mary Jane and The Mary Jane Bland Trust
Seller's Agent
Gene Rankin
OCEAN PROPERTIES & MANAGEMENT
Buyer's Agent
Mimi McKee
OCEAN PROPERTIES & MANAGEMENT
List Price
$569,000
Sold Price
$540,000
Premium/Discount to List
-$29,000
-5.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%

Purchase Details

Listed on
Dec 19, 2014
Closed on
Feb 26, 2015
Sold by
Curley Robert E and Curley Janice L
Bought by
Rossmeyer Otto K and Rossmeyer Diane C
Seller's Agent
Justina Jones
Ocean Properties and Mgmt., Inc.
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Apr 29, 2009
Sold by
Norton William F and Norton Kelly A
Bought by
Curley Robert E and Curley Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2008
Sold by
Godwin Larry and Meloon Melissa
Bought by
Norton William F and Norton Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sterling Donna J -- Attorney
Sterling Donna J $561,000 Fidelity Natl Ttl Of Fl Inc
Bland Mary Jane $540,000 Fidelity National Title Of F
Rossmeyer Otto K $450,000 Fidelity Natl Title Fl Inc
Curley Robert E $450,000 Fidelity Natl Title Ins Co
Norton William F $510,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sterling Donna J $448,800
Previous Owner Curley Robert E $337,500
Previous Owner Norton William F $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2020 03/24/20 Sold $561,000 -3.3% $339 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $580,000 +7.4% $350 / Sq Ft
12/14/2018 12/14/18 Sold $540,000 -5.1% $326 / Sq Ft View Prior Sale
11/15/2018 11/15/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $569,000 +26.4% $344 / Sq Ft
03/09/2015 03/09/15 Sold $450,000 0.0% $272 / Sq Ft View Prior Sale
02/13/2015 02/13/15 Pending -- -- --
12/18/2014 12/18/14 For Sale $450,000 -- $272 / 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 $10,732 $698,050 -- $698,050
2024 $10,732 $698,050 -- $698,050
2023 $10,732 $733,700 $0 $733,700
2022 $8,987 $542,800 $0 $542,800
2021 $8,501 $476,330 $0 $476,330
2020 $7,205 $401,925 $0 $401,925
2019 $8,358 $449,420 $0 $449,420
2018 $7,357 $429,180 $0 $429,180
2017 $6,781 $345,630 $86,408 $259,222
2016 $6,745 $321,092 $0 $0
2015 $7,096 $324,746 $0 $0
2014 $7,073 $324,746 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mimi McKee

    OCEAN PROPERTIES & MANAGEMENT

    (386) 576-7722

    6 Total Sales

    Mimi McKee
    Section Image
  • Clair Moore

    Buyer's Agent in 2020

    Clair Moore

    PREMIER SOTHEBY'S INTL. RLTY

    (407) 234-7779

    4 Total Sales

    Clair Moore
    Section Image

  • G

    Seller's Agent in 2018

    Gene Rankin

    OCEAN PROPERTIES & MANAGEMENT

    (386) 428-0975

    25 Total Sales

    Gene Rankin
    Section Image

  • J

    Seller's Agent in 2015

    Justina Jones

    Ocean Properties and Mgmt., Inc.

    (386) 690-3010

    2 in this area

    58 Total Sales

    Justina Jones
    Section Image

  • K

    Buyer's Agent in 2015

    Karen Nelson

    Nonmember office

    (386) 677-7131

    20 in this area

    9,201 Total Sales

    Karen Nelson
    Section Image
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Map

Source: Stellar MLS

MLS Number: NS1055886

Stellar MLS

APN: 7405-07-07-0405

Florida Volusia County New Smyrna Beach 32169 North Beach

250 Minorca Beach Way Unit 405, New Smyrna Beach, FL

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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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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