Seller's Agent in 2024
Bill Navarra
Realty Pros Assured
(386) 334-9991
3 in this area
377 Total Sales
437 N Beach St Ormond Beach, FL 32174
Ormond Terrace NeighborhoodEstimated Value: $3,340,000 - $4,879,000
5
Beds
7
Baths
7,455
Sq Ft
$572/Sq Ft
Est. Value
Highlights
- Boathouse
- Property fronts an intracoastal waterway
- In Ground Pool
- Docks
- Home Theater
- 1-minute walk to Huguenot Park
About This Home
As of January 2024Welcome to one of the most remarkable riverfront estates in Ormond Beach. Designed by renowned architect Ben Butera and executed by Forever Homes, this property showcases the pinnacle of luxury and sophistication. The exceptional estate offers a total of 5 bedrooms, 5 full bathrooms, and 2 half bathrooms, providing ample space for family and guests. With an impressive living area of over 7,500 square feet, and sitting on almost an acre lot, every corner of this home has been thoughtfully designed to maximize comfort and luxury. As you step through the mahogany front door, you'll be greeted by an impressive open floor plan that exudes elegance and sophistication. The multitude of windows allows for an abundance of natural light to fill the home, creating a warm and inviting atmosphere..... The walnut wood floors and floating staircase add an element of elegance to the space, along with the high ceilings, that further enhance the grandeur of the space, providing a sense of airiness and spaciousness. Entertainment is taken to new heights in this home, with a dedicated home theater for movie nights as well as a well appointed bar. The chef's kitchen is a culinary dream, featuring automotive finished cabinetry by European Woodart Corp,( that are also used throughout the home), top-of-the-line Sub-Zero appliances, and a huge center island that serves as both a functional workspace and a gathering spot for entertaining. Wine enthusiasts will be delighted by the glass-enclosed wine room, which can accommodate up to 400 bottles ensuring that every vintage is perfectly stored. An elevator ensures easy access between floors. Head upstairs where you will find the primary suite, a sanctuary of luxury. Featuring two expansive built-in closets, double vanities, a steam shower, and a sunken tub. There's even a sitting area, a morning kitchen and a balcony that overlooks the river and the meticulously landscaped grounds. There are 2 additional guest bedrooms upstairs, a sitting area and a loft perfect for unwinding or enjoying a good book. Downstairs you will also find an ensuite bedroom with a morning kitchen and an additional guest bedroom. Step outside onto the expansive lanai adorned with tongue and groove ceilings, and be greeted by an inviting heated saltwater pool and spa. This outdoor oasis boasts a full summer kitchen, and a striking stack stone wall, adding a touch of natural beauty to the space. The vast natural marble deck provides ample space for lounging and soaking up the Florida sun. Furthermore there is a dock with a boathouse. Additional noteworthy features include: Hubbardton Forge light fixtures throughout, central vac, 2 garage, 3 and1 with showcase windows as well as Epoxy floor finish with storage wall slats for neat and clutter free storage and organization. Electric screen for outdoor lanai, creston system with security , gated entry driveway. This riverfront estate is a true masterpiece, combining impeccable design, luxurious finishes, and unparalleled waterfront living. It offers an unmatched lifestyle opportunity for those seeking the very best in riverfront living.
Last Agent to Sell the Property
Realty Pros Assured License #0663270 Listed on: 07/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $31,915
Year Built
- Built in 2014
Lot Details
- 0.92 Acre Lot
- Lot Dimensions are 100x399
- Property fronts an intracoastal waterway
- River Front
Parking
- Garage
Property Views
- Intracoastal
- River
Home Design
- Concrete Block And Stucco Construction
- Block And Beam Construction
Interior Spaces
- 7,455 Sq Ft Home
- 2-Story Property
- Elevator
- Wet Bar
- Ceiling Fan
- Fireplace
- Living Room
- Home Theater
- Bonus Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Spa Bath
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Boathouse
- Docks
- Balcony
- Front Porch
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Ormond Terrace Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 4240-01-19-0040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2023
Closed on
Jan 12, 2024
Sold by
Tse Chung Lee And Kavita Sharma Joint Re
Bought by
Novel Ronald J and Novel Pamela W
Seller's Agent
Bill Navarra
Realty Pros Assured
Buyer's Agent
Rhonda Carson
RE/MAX Signature
List Price
$4,500,000
Sold Price
$4,500,000
Total Days on Market
127
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$236,385
Avg. Annual Appreciation
-0.27%
Purchase Details
Closed on
Nov 9, 2016
Sold by
Lee Tse Chung and Lee Sharam Kavita
Bought by
Lee Tse Chung and Sharma Kavita
Purchase Details
Closed on
Oct 6, 2010
Sold by
Wynn Robert Leroy
Bought by
Lee Tse Chung and Sharma Kavita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,200
Interest Rate
4.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2010
Sold by
Knasick Ann Lee
Bought by
Lee Tse Chung and Sharma Kavita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,200
Interest Rate
4.42%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Novel Ronald J | $4,500,000 | Attorneys Title | |
| Lee Tse Chung | -- | None Available | |
| Lee Tse Chung | $183,500 | Southern Title Holding Compa | |
| Lee Tse Chung | $183,500 | Southern Title Holding Compa | |
| Lee Tse Chung | $183,500 | Southern Title Holding Compa | |
| Lee Tse Chung | $183,500 | Southern Title Holding Compa |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tse Chung Lee | $3,400,000 | |
| Previous Owner | Lee Tse Chung | $1,000,000 | |
| Previous Owner | Lee Tse Chung | $587,200 | |
| Previous Owner | Wynn Doris D | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2024 01/12/24 | Sold | $4,500,000 | 0.0% | $604 / Sq Ft |
| 11/14/2023 11/14/23 | Pending | -- | -- | -- |
| 07/10/2023 07/10/23 | For Sale | $4,500,000 | -- | $604 / Sq Ft |
Source: Daytona Beach Area Association of REALTORS®
Tax History Compared to Growth
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 | $32,778 | $2,953,762 | -- | -- |
| 2024 | $32,778 | $3,074,500 | $815,000 | $2,259,500 |
| 2023 | $32,778 | $2,049,052 | $0 | $0 |
| 2022 | $31,915 | $1,989,371 | $0 | $0 |
| 2021 | $33,254 | $1,931,428 | $0 | $0 |
| 2020 | $32,798 | $1,904,761 | $0 | $0 |
| 2019 | $32,317 | $1,861,936 | $0 | $0 |
| 2018 | $32,575 | $1,827,219 | $0 | $0 |
| 2017 | $33,341 | $1,789,637 | $0 | $0 |
| 2016 | $33,876 | $1,752,828 | $0 | $0 |
| 2015 | $34,999 | $1,740,643 | $0 | $0 |
| 2014 | $7,421 | $400,572 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Navarra
-
Rhonda Carson
Buyer's Agent in 2024
Rhonda Carson
RE/MAX
(814) 882-3477
1 in this area
3 Total Sales
Map
Source: Daytona Beach Area Association of REALTORS®
MLS Number: 1111340
APN: 4240-01-19-0040
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Information is deemed reliable but not guaranteed.
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