NOT LISTED FOR SALE

The Hammocks at Minorca 261 Minorca Beach Way Unit 701 New Smyrna Beach, FL 32169

North Beach Neighborhood

Estimated Value: $1,408,294 - $1,694,000

4 Beds
3 Baths
2,620 Sq Ft
$833/mo HOA Fee

Last Sold August 31, 2016

Last sale price $950,000 $363 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $10,724/month

4 Days on Market

Highlights

  • Intracoastal View
  • Spa
  • Open Floorplan
  • Coronado Beach Elementary School Rated 10
  • Gated Community
  • Balcony

About This Home

As of August 2016

7TH FLOOR CORNER 4/3 COQUINA FLOOR PLAN WITH SPECTACULAR VIEWS OF THE INTRACOASTAL, DISAPPEARING ISLAND, PONCE INLET LIGHTHOUSE AND OCEAN FROM THE NEWEST BUILDING IN THE MINORCA COMMUNITY. UPGRADES INCLUDE GRANITE BACK SPLASH AND CENTER ISLAND TOP WITH OVERHANG IN KITCHEN, SS APPLIANCES, TALL PREMIUM CABINETS, ALL BATHS WITH GRANITE VANITY COUNTER TOPS, CROWN MOLDING IN LIVING, DINING AND HALL AREA AND CUSTOM FANS IN ALL ROOMS, EXTENDED TILE AND SPECIAL PANORAMIC VIEWS THAT HAVE TO BE SEEN TO FULLY APPRECIATE. COME SEE THESE SPECIAL VIEWS AND YOU WILL AGREE WHAT IS SEEN IS MORE DESIRABLE THAN DIRECT OCEANFRONT. THIS CONDO HOME CAN BE THE OWNERS PERFECT PERMANENT RESIDENCE OR THEIR DREAM VACATION LOCATION FOR YEARS TO COME.(CLICK ON VT ICON AT TOP OF LISTING TO SEE VIRTUAL TOUR - VT WILL START IN A FEW SECONDS - THEN CLICK ON BLACK ARROWS) ;LocationDescription: Condo ;Water: City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,171

Year Built

  • Built in 2006

HOA Fees

  • $833 Monthly HOA Fees

Property Views

Home Design

  • Built-Up Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,620 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Drapes & Rods
  • Blinds

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Reserved Parking

Pool

  • Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 740507047010

Community Details

Overview

  • Association fees include cable TV, pool, insurance, ground maintenance, sewer, trash, water
  • Minorca Condos
  • Hammocks At Minorca Condo Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,171

Year Built

Built in 2006

Lot Details

0

HOA Fees

$833 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Living Area: 2620
  • Year Built: 2006
  • Building Area Total: 2915
  • Directions to Property: EAST OVER NORTH OR SOUTH CAUSEWAY TO PENINSULA AVE. LIGHT. LEFT (NORTH) ON PENINSULA APPROXIMATELY 2 MILES TO MINORCA GATEHOUSE ON RIGHT.
  • Status: Sold
  • Floor Number: 7
  • List Office Head Office Key Nume: 172580748
  • RATIO Current Price By Calculate: 362.60
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Water Access
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Yn: Yes
  • Stories: 5
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 261
  • Room Count: 10

Exterior Features

  • Pool Features: Heated
  • Exterior Features: Balcony, Storage
  • Roof: Built-Up
  • Road Surface Type: Asphalt
  • Water View: Gulf/Ocean - Full,Intracoastal Waterway

Garage/Parking

  • Parking Features: Garage Door Opener, Reserved, Underground

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Pool
  • Association Fee: 833
  • Association Fee Frequency: Monthly
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: Minorca
  • Development: Not In Subdivision

Lot Info

  • Zoning: RR-PUD
  • Parcel Number: 740507047010
  • Lot Features: City Limits

Rental Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2019
Sold by
Hand Louis Paul
Bought by
Hand Louis Paul and Hand Cross
Current Estimated Value
$1,607,248

Purchase Details

Listed on
Jun 24, 2016
Closed on
Aug 31, 2016
Sold by
Feldman Family Llc
Bought by
Hand Louis Pail and Dye Kimberly H
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Mar 23, 2006
Sold by
Minorca Ltd
Bought by
Feldman Family Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
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
Hand Louis Paul -- Attorney
Hand Louis Paul -- Attorney
Hand Louis Pail $950,000 Professional Title Agency In
Feldman Family Llc $1,170,000 Professional Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feldman Family Llc $936,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $950,000 0.0% $363 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $950,000 0.0% $363 / Sq Ft
02/01/2013 02/01/13 Rented -- -- --
01/02/2013 01/02/13 Under Contract -- -- --
12/14/2012 12/14/12 For Rent $3,000 +20.0% --
03/02/2012 03/02/12 Rented -- -- --
02/01/2012 02/01/12 Under Contract -- -- --
02/03/2011 02/03/11 For Rent $2,500 -- --
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 $12,171 $797,738 -- --
2024 $12,171 $775,256 -- --
2023 $12,171 $752,676 $0 $0
2022 $11,664 $730,753 $0 $0
2021 $11,897 $709,469 $0 $0
2020 $11,766 $699,674 $0 $0
2019 $11,922 $683,943 $0 $0
2018 $11,924 $671,190 $0 $0
2017 $12,046 $657,385 $0 $0
2016 $17,416 $832,353 $0 $0
2015 $18,325 $841,827 $0 $0
2014 $18,268 $841,827 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelley Desoto

    Seller's Agent in 2013

    Kelley Desoto

    OCEAN PROPERTIES & MANAGEMENT

    (386) 527-2412

    3 in this area

    173 Total Sales

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About The Hammocks at Minorca

Map

Source: Stellar MLS

MLS Number: NS1029130

Stellar MLS

APN: 7405-07-04-7010

Florida Volusia County New Smyrna Beach 32169 North Beach

261 Minorca Beach Way Unit 701, New Smyrna Beach, FL

This home is located at 261 Minorca Beach Way Unit 701, New Smyrna Beach, FL 32169 since 24 June 2016 and is currently estimated at $1,583,431, approximately $604 per square foot. This property was built in 2006. 261 Minorca Beach Way Unit 701 is a home located in Volusia County with nearby schools including Coronado Beach Elementary School and New Smyrna Beach Middle 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.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



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

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