NOT LISTED FOR SALE

385 Coral Reef Way Daytona Beach, FL 32124

Latitude Margaritaville Neighborhood

Estimated Value: $533,000 - $586,000

2 Beds
2 Baths
1,862 Sq Ft
$301/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $360,000 $193 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,683/month

99 Days on Market

Highlights

  • Lake Front
  • Senior Community
  • Screened Porch
  • Home fronts a pond
  • Great Room
  • Community Pool

About This Home

As of August 2019

Magnificent one level living in America's most desirable 55+ community, Latitude Margaritaville. 2 bedroom / 2 bath with den AND hobby room ( or sometimes called man cave and woman cave). Very spacious with tons of upgrades including granite, wood look plank tile, high end appliances, custom closets. Motorized interior shades for sliding door and motorized hurricane screens for patio. Extra large screened lanai for Florida living at its best. Serene waterview. This home is located in ''sold out'' Phase I in Latitude Margaritaville. Move in Ready! Resort style pool with resident only restaurant and bar are open. The Fins Up Fitness center is state of the art and the coming soon brand new Publix is golf cart accessible. Free daily entertainment.

Last Agent to Sell the Property

Kelley Sarantis

Bob Hodges and Sons Realty License #600039 Listed on: 03/18/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $713

Year Built

  • Built in 2018

Lot Details

  • Home fronts a pond
  • Lake Front
  • Property fronts a private road
  • North Facing Home

HOA Fees

  • $223 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Interior Spaces

  • 1,862 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Dining Room
  • Den
  • Screened Porch
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Accessible Common Area
  • Screened Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 5208-04-00-2050

Community Details

Overview

  • Senior Community
  • Association fees include ground maintenance, maintenance structure, security
  • Latitude Subdivision
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Community Pool

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$713

Year Built

Built in 2018

Lot Details

0

HOA Fees

$223 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 5094
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Latitude
  • Directions: Turn left after guard gate. Turn left on Island Breeze and right on Coral Reef Way. House immediately on left.
  • Architectural Style: Other
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Year Built: 2018
  • Reso Property Type: Residential
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Dimensions: 5094
  • General Property Information Senior Community YN: Yes
  • General Property Information Direction Faces: North
  • General Property Information Homestead YN: Yes
  • Contract Information Property Attached YN: Yes
  • Location Tax and Legal:Parcel Number: 5208-04-00-2050
  • Location Tax and Legal:Tax Annual Amount: 713.0
  • Location Tax and Legal:Tax Year: 2018
  • Cooling:Central Air: Yes
  • Flooring:Tile: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • Rental Restrictions:_one_ Month: Yes
  • Location Tax and Legal Zoning Description: Single Family
  • ViewPond: Yes
  • Levels:One: Yes
  • Pets Allowed:Yes: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: M
  • Room Types Great Room: Yes
  • Room Types Great Room Level: M
  • Road Frontage Type:Private Road: Yes
  • Room Types Den: Yes
  • Room Types Den Level: M
  • Room Types Media Room: Yes
  • 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: Tile
  • Interior Amenities: Ceiling Fan(s), Split Bedrooms
  • Living Area: 1862.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Pool Features: Community
  • View: Lake, Pond
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Patio And Porch Features: Patio, Rear Porch, Screened
  • Roof: Shingle
  • Accessibility Features:Common Area: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • View:Lake: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Amenities: Tennis Court(s)
  • Association Fee: 223.24
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 223.24
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Other4: Yes
  • Association Fee Includes:Security2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Security, Other

Lot Info

  • Parcel #: 5208-04-00-2050
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 713.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
Aug 15, 2019
Sold by
Mitaly Michael George and Mitaly Carol Smith
Bought by
Sessions Kitty Jane
Seller's Agent
Kelley Sarantis
Bob Hodges and Sons Realty
Buyer's Agent
Kelley Sarantis
Bob Hodges and Sons Realty
List Price
$360,000
Sold Price
$360,000
Current Estimated Value
$559,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,819
Avg. Annual Appreciation
7.57%
Original Mortgage
$288,000
Outstanding Balance
$253,326
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$306,493

Purchase Details

Closed on
Jun 8, 2018
Sold by
Minto Communities Llc
Bought by
Mitaly Michael George and Mitaly Carol Smith
Source: Public Records

Range of Values:

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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
Sessions Kitty Jane $360,000 Clear Title Of Florida Llc
Mitaly Michael George $323,150 Clear Title Of Florida Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sessions Kitty Jane $70,000
Open Sessions Kitty Jane $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $360,000 0.0% $193 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $360,000 -- $193 / 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 $4,994 $340,233 -- --
2024 $4,994 $330,645 -- --
2023 $4,994 $321,015 $0 $0
2022 $4,892 $311,665 $0 $0
2021 $5,029 $302,587 $0 $0
2020 $5,450 $281,542 $45,000 $236,542
2019 $3,890 $240,068 $0 $0
2018 $713 $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelley Sarantis

    Seller's Agent in 2019

    Kelley Sarantis

    Bob Hodges and Sons Realty

    (954) 263-4924

    297 in this area

    317 Total Sales

    Kelley Sarantis
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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1055202

Daytona Beach Area Association of REALTORS®

APN: 5208-04-00-2050

Florida Volusia County Daytona Beach 32124 Latitude Margaritaville

385 Coral Reef Way, Daytona Beach, FL

This home is located at 385 Coral Reef Way, Daytona Beach, FL 32124 since 18 March 2019 and is currently estimated at $559,819, approximately $300 per square foot. This property was built in 2018. 385 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.

Daytona Beach Area Association of REALTORS® 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.

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