NOT LISTED FOR SALE

Estimated Value: $691,000 - $720,000

3 Beds
2 Baths
1,080 Sq Ft
$525/mo HOA Fee

Last Sold November 07, 2022

Last sale price $685,000 $634 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,150/month

136 Days on Market

Highlights

  • Beach View
  • Beach Access
  • Gated Community
  • W. Douglas Hartley Elementary School Rated A
  • In Ground Pool
  • Open Floorplan

About This Home

As of November 2022

Your chance to own a DIRECT OCEAN FRONT unit in Colony Reef is here! This premier 3 bedroom ground floor unit has gorgeous ocean views from the great room, kitchen and owner's suite! The outdoor pool, jacuzzi, playground, barbecue area and new boardwalk to the beach are a short distance from the unit! Escape to the owners suite to enjoy the relaxing sounds of the ocean and oceanfront. Extend your entertaining and family fun out to the oversized lanai and grassy area. The community clubhouse, indoor heated pool, sauna, exercise room, tennis and racquetball courts are a bonus. This unit is being sold furnished and is already on the on site vacation rental program! This is a gold level rental unit that is consistently rented throughout the high season but available for the owner's use throughout the year. Additional features include a new water heater (2021), interior HVAC (2021), new great room window (2021), new Hunter wet rated outdoor fan on lanai, new t.v.s in owner's suite and great room (2021).

Last Listed By

Lore Davis

BHGRE THOMAS GROUP Brokerage Phone: 352-226-8228 License #3127320 Listed on: 05/25/2022

BHGRE THOMAS GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,967

Year Built

  • Built in 1985

Lot Details

  • East Facing Home

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,080 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outside Bathroom Access

Outdoor Features

  • Beach Access
  • Covered patio or porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, management, sewer, trash, water
  • Colony Reef Club Condominium Association Inc. Association
  • The Colony Reef Club Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,967

Year Built

Built in 1985

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • HOA Fee Includes: Cable TV, Management, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1080
  • New Construction: No
  • Year Built: 1985
  • Directions to Property: A1A South to left into Colony Reef. Unit is on the ground floor, north building facing ocean.
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 529793687
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 634.26
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Corner Unit,End Unit
  • MFR_CommunityAssociationWaterFeatures: Water Access,Waterfront
  • Attribution Contact: 352-226-8228
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Window Treatments
  • Street Number Modifier: 4670
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 100.34
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground, Outside Bath Access
  • Exterior Features: Outdoor Grill, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch
  • Road Surface Type: Paved
  • Water Access: Beach
  • Water Extras YN: 0
  • Water View: Beach
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Playground, Pool, Sidewalks, Tennis Courts
  • Association Fee Frequency: Monthly
  • Association Name: Colony Reef Club Condominium Association Inc.
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: 1
  • Condo Fees: 525
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 525

Fee Information

  • Total Annual Fees: 6300.00
  • Total Monthly Fees: 525.00

Lot Info

  • Zoning: RG-2
  • Parcel Number: 175881-0130
  • Additional Parcels: No
  • Lot Features: Paved
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: No pets allowed.
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 4967
  • Tax Block: 660/837
  • Tax Book Number: 5270/1293
  • Tax Lot: 30-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Oct 26, 2022
Sold by
Davis William E and Davis Lois G
Bought by
Oneill Kevin and Oneill Della
Seller's Agent
Lore Davis
BHGRE THOMAS GROUP
Buyer's Agent
Lore Davis
BHGRE THOMAS GROUP
List Price
$759,000
Sold Price
$685,000
Premium/Discount to List
-$74,000
-9.75%
Total Days on Market
136
Views
16
Current Estimated Value
$702,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,378
Avg. Annual Appreciation
0.99%

Purchase Details

Closed on
May 20, 2021
Sold by
Baldwin Frank and Baldwin Leslie Ann
Bought by
Davis William E and Davis Lois G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2018
Sold by
Harpst John D and Harpst Michelle M
Bought by
Baldwin Frank and Baldwin Leslie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2016
Sold by
Willimngton Saving Fund Socirety Fsb
Bought by
Harpst John D and Betrone Michelle M

Purchase Details

Closed on
May 1, 2016
Bought by
Harpst John D

Purchase Details

Closed on
May 21, 2004
Sold by
Ryals Michael S and Ryals Jane S
Bought by
Daniels Jeramy A and Daniels Colleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2002
Sold by
Lammers Douglas John and Lammers Mary Susan
Bought by
Ryals Michael S and Ryals Jane S

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
Oneill Kevin $685,000 Trademark Title Services
Davis William E $570,375 Action Ttl Svcs Of St Johns
Baldwin Frank $425,000 Action Title Svcs Of St John
Harpst John D $289,912 Dependable Title Svcs Of Flo
Harpst John D $100 --
Daniels Jeramy A $435,000 Land Title Of America
Ryals Michael S $338,500 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis William E $175,000
Previous Owner Baldwin Frank $341,000
Previous Owner Baldwin Frank $361,250
Previous Owner Daniels Jeramy A $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $685,000 -4.2% $634 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $715,000 -2.7% $662 / Sq Ft
09/15/2022 09/15/22 Price Changed $735,000 -3.2% $681 / Sq Ft
05/25/2022 05/25/22 For Sale $759,000 -- $703 / 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 $8,321 $641,100 -- $641,100
2024 $8,321 $600,840 -- $600,840
2023 $8,321 $652,434 -- $652,434
2022 $6,431 $500,200 $0 $500,200
2021 $4,967 $375,760 $0 $0
2020 $4,895 $366,000 $0 $0
2019 $4,960 $353,800 $0 $0
2018 $4,933 $347,700 $0 $0
2017 $4,711 $325,740 $0 $0
2016 $4,368 $308,050 $0 $0
2015 $3,907 $258,030 $0 $0
2014 $3,958 $258,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC505405

Stellar MLS

APN: 175881-0130