NOT LISTED FOR SALE

5 Watchtower Dr Ormond Beach, FL 32176

Estimated Value: $1,166,494 - $1,318,000

3 Beds
2.5 Baths
2,720 Sq Ft
$453/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $1,300,000 $478 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,100/month

253 Days on Market

Highlights

  • New Construction
  • Deck
  • Home Office
  • In Ground Pool
  • Bonus Room
  • Front Porch

About This Home

As of August 2022

ICI HOMES VERONA OCEANSIDE presents the ATLANTIC: 2020 PARADE OF HOMES SHOWCASE MODEL. Home now available to purchase with a 1 year lease back in Ormond Beach. This SOUGHT AFTER beachside community was designed with casual beachside living in mind. Owning a home in Verona provides you with private beach access. From the Verona Oceanside Watchtower you will never tire of the view or listening to the waves crashing on the beach. Over 2,700 living sq. feet of PREMIUM LIVING; this home features 12' ceilings, Plantation Shutters, 3 bedrooms, an office, pool bath, ALL appliances, OPEN CHEF's KITCHEN & grand living room. Enjoy the game room with family & friends, but spend QUALITY OUTDOOR LIVING on covered lanai and CABANA with summer kitchen & bar while overlooking your POOL. ENHANCED FEATURES throughout and no detail missed. Future Community Pool. LOW HOA, only $300 a quarter. This coastal community features outdoor living at its best where you can lounge by your pool and feel the ocean breeze all while living only STEPS away from the beach.

Last Agent to Sell the Property

Ali Kargar

ICI Select Realty Inc License #3427446 Listed on: 08/23/2021

Last Buyer's Agent

Karen Nelson

Nonmember office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,021

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 81x92
  • South Facing Home
  • Fenced

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2,720 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • Accessible Common Area
  • Smart Irrigation

Listing and Financial Details

  • Assessor Parcel Number 3227-20-00-0380

Community Details

Overview

  • Verona Oceanside Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,021

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$105 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 81x92
  • Road Surface Type: Paved
  • Subdivision Name: Verona Oceanside
  • Directions: W. Granada Blvd/FL-40 to A1A north. Approx. 5 miles to community on the left across from Historic Watchtower.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Property Attached Yn: No
  • Year Built: 2019
  • Reso Property Type: Residential
  • Reso Room Type: BonusRoom
  • Reso Room Type: Bedroom3
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Dimensions: 81x92
  • General Property Information CDD Fee YN: No
  • General Property Information Direction Faces: South
  • General Property Information Homestead YN: No
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 3227-20-00-0380
  • Location Tax and Legal:Tax Annual Amount: 10021.0
  • Location Tax and Legal:Tax Year: 2021
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Pool Features In Ground2: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • Smart Home Features Irrigation: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room: Yes
  • Pool Features:Private: Yes
  • Room Types Living Room: Yes
  • Room Types Living Room Level: M
  • Room Types Other Room: Yes
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room Level: M
  • Room Types Office2: Yes
  • Room Types Office Level: M
  • Room Types Bonus Room: Yes
  • Room Types Bonus Room Level: M
  • Special Features: NewHome

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Ice Maker, Gas Cooktop, Electric Cooktop, Dryer, Disposal, Dishwasher
  • Accessibility Features: Common Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Split Bedrooms
  • Living Area: 2720.0
  • Appliances Dishwasher: Yes
  • Appliances:Icemaker: Yes
  • Pool Features:Community: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Gas Cooktop: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Fencing: Fenced
  • Pool Features: Community, Private, In Ground
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Deck, Front Porch, Patio, Porch, Rear Porch
  • Roof: Shingle
  • Accessibility Features:Common Area: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association Fee: 315.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 315.0
  • General Property Information:Association Fee Frequency: Quarterly

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 3227-20-00-0380
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10021.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Aug 22, 2022
Sold by
Mhk Of Volusia Cty Inc
Bought by
Savani Rashmin Chandulal and Savani Nimisha
Seller's Agent
Ali Kargar
ICI Select Realty Inc
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$1,300,000
Sold Price
$1,300,000
Current Estimated Value
$1,232,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,376
Avg. Annual Appreciation
-1.58%
Original Mortgage
$736,500
Outstanding Balance
$664,709
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$567,915
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
Savani Rashmin Chandulal $1,300,000 Southern Title Holdings
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savani Rashmin Chandulal $736,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2022 08/22/22 Sold $1,300,000 0.0% $478 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
08/23/2021 08/23/21 For Sale $1,300,000 -- $478 / 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 $18,212 $1,030,817 $143,000 $887,817
2024 $15,549 $966,039 $135,000 $831,039
2023 $15,549 $849,045 $108,800 $740,245
2022 $12,745 $828,235 $108,800 $719,435
2021 $12,244 $760,983 $85,000 $675,983
2020 $10,021 $495,425 $55,000 $440,425
2019 $1,369 $55,000 $55,000 $0
2018 $1,125 $55,000 $55,000 $0
2017 $1,054 $49,400 $49,400 $0
2016 $1,089 $49,400 $0 $0
2015 $1,126 $49,400 $0 $0
2014 $1,107 $49,339 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Ali Kargar

    ICI Select Realty Inc

    (386) 366-0091

    10 in this area

    339 Total Sales

    Ali Kargar
    Section Image

  • K

    Buyer's Agent in 2022

    Karen Nelson

    Nonmember office

    (386) 677-7131

    369 in this area

    9,041 Total Sales

    Karen Nelson
    Section Image

  • n

    Buyer's Agent in 2022

    non member

    Hayward Brown, Inc.

See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1087738

Daytona Beach Area Association of REALTORS®

APN: 3227-20-00-0380

Florida Volusia County Ormond Beach 32176

5 Watchtower Dr, Ormond Beach, FL

Not Listed for Sale

Detached

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