NOT LISTED FOR SALE

The Sherwin Condominium 2555 S Atlantic Ave Unit 1601 Daytona Beach, FL 32118

Estimated Value: $470,000 - $503,000

2 Beds
2 Baths
1,380 Sq Ft
$575/mo HOA Fee

Last Sold March 31, 2020

Last sale price $316,000 $229 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,568/month

18 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Subterranean Parking
  • Heated In Ground Pool
  • Balcony
  • 3-minute walk to Andrinopoulos Park

About This Home

As of March 2020

Live in one of the most sought after condominium's in Daytona Beach Shores. This condo offers both spectacular views of both the inter coastal and ocean with two bedrooms and two baths. AC replaced in 2019, washer/dryer in 2015 and refrigerator in 2016. Unit also has a new tankless hot water system.

Last Agent to Sell the Property

Mary Rainka

Keller Williams Realty Florida Partners License #0570059 Listed on: 01/16/2020

Keller Williams Realty Florida Partners

Last Buyer's Agent

Maggie Sacks

Adams, Cameron & Co., Realtors License #3160770

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,865

Year Built

  • Built in 1991

Lot Details

  • East Facing Home

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • Subterranean Parking

Interior Spaces

  • 1,380 Sq Ft Home
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Accessible Common Area
  • Non-Toxic Pest Control

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 5322-45-16-1601

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, maintenance structure, pest control, sewer, water
  • Sherwin, A Condo, The Subdivision
  • On-Site Maintenance

Recreation

Pet Policy

  • Breed Restrictions

Additional Features

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,865

Year Built

Built in 1991

Lot Details

0

HOA Fees

$575 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: X
  • Road Surface Type: Paved
  • Subdivision Name: Sherwin, A Condo, The
  • Directions: From Dunlawton Bridge, N on Atlantic Avenue to 2555 S Atlantic Avenue, Daytona Beach Shores, Unit 1601. Building on left
  • Carport Y N: No
  • Entry Level: 1601
  • New Construction: No
  • Year Built: 1991
  • Reso Property Type: Residential
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Dimensions: X
  • General Property Information Direction Faces: East
  • General Property Information Homestead YN: Yes
  • Location Tax and Legal:Parcel Number: 5322-45-16-1601
  • Location Tax and Legal:Tax Annual Amount: 3865.0
  • Location Tax and Legal:Tax Year: 2019
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Pool Features In Ground2: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • ViewOcean: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room: Yes
  • Association Amenities Management- On Site: Yes
  • Pool Features Heated2: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Room Types Living Room: Yes
  • Room Types Living Room Level: M
  • Room Types Other Room: Yes
  • Room Types Utility Room: Yes
  • Room Types Dining Room Level: M
  • Room Types Utility Room Level: M
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Accessibility Features: Common Area
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1380.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes
  • Pool Features:Community: Yes

Exterior Features

  • Pool Features: Community, In Ground, Heated
  • View: Ocean
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Direction Faces: East
  • Exterior Features: Balcony
  • Patio And Porch Features: Porch
  • Roof: Other
  • Accessibility Features:Common Area: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Underground
  • Parking Features:Underground2: Yes

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Management- On Site
  • Association Fee: 575.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 575.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Cable TV2: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Water2: Yes

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 5322-45-16-1601

Tax Info

  • Tax Annual Amount: 3865.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Mar 31, 2020
Sold by
Estate Of Raymond J O Leary
Bought by
Glasser Cynthia R and Glasser Timothy E
Seller's Agent
Mary Rainka
Keller Williams Realty Florida Partners
Buyer's Agent
Maggie Sacks
Adams, Cameron & Co., Realtors
List Price
$316,000
Sold Price
$316,000
Current Estimated Value
$481,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,605
Avg. Annual Appreciation
9.01%
Original Mortgage
$268,600
Outstanding Balance
$241,019
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$257,289

Purchase Details

Closed on
Sep 15, 2000
Sold by
Leigh Joyce
Bought by
Oleary Raymond J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,050
Interest Rate
8.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1997
Sold by
Zampanti Anthony P
Bought by
Leigh Joyce

Purchase Details

Closed on
Mar 15, 1991
Bought by
Oleary Raymond J
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
Glasser Cynthia R $316,000 Attorney
Oleary Raymond J $184,000 --
Leigh Joyce $155,000 --
Oleary Raymond J $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glasser Cynthia R $268,600
Previous Owner Oleary Raymond J $41,443
Previous Owner Oleary Raymond J $80,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $316,000 0.0% $229 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $316,000 -- $229 / Sq Ft
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 $3,899 $409,150 -- $409,150
2024 $3,899 $409,150 -- $409,150
2023 $3,899 $230,585 $0 $230,585
2022 $5,281 $307,447 $0 $307,447
2021 $5,355 $289,444 $0 $289,444
2020 $5,399 $265,246 $0 $265,246
2019 $3,865 $230,578 $0 $0
2018 $3,845 $226,279 $0 $0
2017 $3,888 $221,625 $0 $0
2016 $3,921 $217,067 $0 $0
2015 $4,102 $215,558 $0 $0
2014 $4,183 $213,847 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1066596

Daytona Beach Area Association of REALTORS®

APN: 5322-45-16-1601