NOT LISTED FOR SALE

5 Marden Dr Ormond Beach, FL 32176

Estimated Value: $1,003,000 - $1,298,000

3 Beds
3.5 Baths
2,276 Sq Ft
$482/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $1,161,656 $510 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,550/month

105 Days on Market

Highlights

  • 44 Feet of Public Beach Waterfront
  • High Ceiling
  • Balcony
  • New Construction
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of December 2023

Pre-Construction. To be built. ICI HOMES. Luxury and convenience are key in this beautiful new construction ocean view townhome. This home boasts over 2,200 living square feet of beachside living at its best. Equipped with a PRIVATE ELEVATOR inside and a spacious 2-Car Garage. Direct ocean views from your paver courtyard and two covered balconies. Currently offering Pre-Construction Pricing. The Townhomes are only 44 STEPS from a beautiful traffic-free beach with private beach access from the Verona Watchtower. Currently offering Pre-Construction Pricing. ACT NOW and you choose all INTERIOR DESIGN FEATURES! This home is equipped with Energy Saving Features, including High Impact windows & sliders. City water & sewer. Future Community Pool. Low maintenance. 2-10 Home Warranty. Construction starting soon. Please note photos used may be of a virtual model home and subject to artist interpretation.

Last Agent to Sell the Property

Ali H Kargar

VENTURE DEVELOPMENT REALTY,INC Brokerage Phone: 386-366-0091 License #3427446 Listed on: 05/07/2022

Last Buyer's Agent

Pran Kar

SANTOSHI REALTY LLC License #3084215

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 2,120 Sq Ft Lot
  • 44 Feet of Public Beach Waterfront
  • East Facing Home

HOA Fees

  • $355 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Home in Pre-Construction
  • Tri-Level Property
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,276 Sq Ft Home
  • Elevator
  • High Ceiling
  • Beach Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, maintenance structure, pest control
  • Vesta Property Services Association
  • Built by ICI Select Realty
  • Verona Villas Subdivision, Sand Dollar Floorplan

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,431

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$355 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Other, Pest Control
  • Property Type: Residential
  • Property Condition: Pre-Construction
  • Property Sub Type: Townhouse
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2276
  • Lot Size Acres: 0.04
  • New Construction: Yes
  • Year Built: 2022
  • Lot Size Sq Ft: 2120
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 510.39
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Water Frontage Feet Beach: 44
  • Attribution Contact: 386-366-0091
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Elevator, High Ceilings, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 211.45

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Beach
  • Water View: Beach
  • Water View YN: 1
  • Waterfront Feet Total: 44
  • Projected Completion Date: 2022-12-31T00:00:00.000
  • Water Frontage Feet Beach Pub: 44

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Pool
  • Association Fee: 355
  • Association Fee Frequency: Monthly
  • Association Name: Vesta Property Services
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 4260.00
  • Total Monthly Fees: 355.00
  • Monthly HOA Amount: 355.00

Lot Info

  • Zoning: 18
  • Parcel Number: 14-22-72-00-00-0390
  • Additional Parcels: No
  • Flood Zone Code: X

Building Info

  • Builder Name: ICI Select Realty

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Minimum 1 year lease.

Tax Info

  • Tax Annual Amount: 1431
  • Tax Block: 00
  • Tax Book Number: 816
  • Tax Lot: 42

Multi Family

  • Waterfront Features: Beach Front
  • Approval Process: Submit lease to HOA for approval.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2022
Closed on
Dec 21, 2023
Sold by
Mhk Of Volusia County Inc
Bought by
Kar Pran M and Kar Neera P
Seller's Agent
Ali H Kargar
VENTURE DEVELOPMENT REALTY,INC
Buyer's Agent
Pran Kar
SANTOSHI REALTY LLC
List Price
$1,094,900
Sold Price
$1,161,656
Premium/Discount to List
$66,756
6.1%
Views
82
Current Estimated Value
$1,097,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,120
Avg. Annual Appreciation
-2.77%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kar Pran M $1,161,656 Southern Title
Kar Pran M $1,161,656 Southern Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $1,161,656 +4.7% $510 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
05/14/2022 05/14/22 Price Changed $1,109,900 +1.4% $488 / Sq Ft
05/07/2022 05/07/22 For Sale $1,094,900 -- $481 / 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 $17,340 $979,156 $142,000 $837,156
2024 $1,777 $905,568 $135,000 $770,568
2023 $1,777 $905,568 $135,000 $770,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3371664

Stellar MLS

APN: 3227-21-00-0420