NOT LISTED FOR SALE

507 S Atlantic Ave Ormond Beach, FL 32176

Estimated Value: $5,591,586

-- Bed
52 Baths
25,975 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 507 S Atlantic Ave, Ormond Beach, FL 32176 and is currently priced at $5,591,586, approximately $215 per square foot. 507 S Atlantic Ave is a home located in Volusia County with nearby schools including Ormond Beach Middle School, Seabreeze High School, and St Brendan Catholic School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2023
Sold by
Lincoln Bancorp Llc
Bought by
Jiran Jeremy
Current Estimated Value
$5,591,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,433,068
Outstanding Balance
$3,367,317
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2022
Sold by
507 Ormond Beach Llc
Bought by
Lincoln Bancorp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,580,000
Interest Rate
5.11%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 16, 2020
Sold by
Beachfront Hojo Llc
Bought by
507 Ormond Beach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,393,865
Interest Rate
2.7%
Mortgage Type
Balloon

Purchase Details

Closed on
May 27, 2014
Sold by
Topaz Eagles Llc
Bought by
Beachfront Hojo Llc

Purchase Details

Closed on
Dec 9, 2013
Sold by
507 South Atlantic Llc
Bought by
Topaz Eagles Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 16, 2011
Sold by
Jpmc 2007-Ldp10 Ormond Beach Portofolio
Bought by
507 South Atlantic Llc

Purchase Details

Closed on
Apr 20, 2011
Sold by
Bray & Gillespie Llc Lvii
Bought by
Jpmc 2007-Ldp10 Ormond Beach Portfolio L

Purchase Details

Closed on
Feb 7, 2007
Sold by
R & S Partnership
Bought by
Flsd Trust Associates Ii Llc and B&G Ormond Beach Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,200,000
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 1993
Bought by
Beachfront Hojo Llc

Purchase Details

Closed on
Feb 15, 1986
Bought by
Beachfront Hojo Llc

Purchase Details

Closed on
Dec 15, 1985
Bought by
Beachfront Hojo Llc

Purchase Details

Closed on
May 15, 1984
Bought by
Beachfront Hojo Llc

Purchase Details

Closed on
Apr 15, 1984
Bought by
Beachfront Hojo Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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
Jiran Jeremy $7,322,500 Columbia Title
Jiran Jeremy $7,322,500 Columbia Title
Lincoln Bancorp Llc $5,614,980 Columbia Title
507 Ormond Beach Llc $3,100,000 Attorney
Beachfront Hojo Llc $2,450,000 Attorney
Topaz Eagles Llc $1,800,000 Stewart Title Company
507 South Atlantic Llc $1,050,000 Stewart Title Guaranty
Jpmc 2007-Ldp10 Ormond Beach Portfolio L -- Attorney
Jpmc 2007-Ldp10 Ormond Beach Portfolio L -- Attorney
Flsd Trust Associates Ii Llc -- None Available
Beachfront Hojo Llc $100 --
Beachfront Hojo Llc $100 --
Beachfront Hojo Llc $100 --
Beachfront Hojo Llc $100 --
Beachfront Hojo Llc $960,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiran Jeremy $3,433,068
Closed Jiran Jeremy $3,433,068
Previous Owner Lincoln Bancorp Llc $3,580,000
Previous Owner 507 Ormond Beach Llc $2,393,865
Previous Owner Topaz Eagles Llc $1,350,000
Previous Owner Flsd Trust Associates Ii Llc $11,200,000
Source: Public Records

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
2026 $67,161 $4,104,342 $1,298,750 $2,805,592
2025 $67,161 $4,104,342 $1,298,750 $2,805,592
2024 $58,380 $3,803,566 $1,168,875 $2,634,691
2023 $58,380 $3,575,237 $1,168,875 $2,406,362
2022 $35,057 $2,335,158 $935,100 $1,400,058
2021 $32,654 $1,855,549 $883,150 $972,399
2020 $33,147 $1,883,014 $883,150 $999,864
2019 $32,674 $1,840,611 $883,150 $957,461
2018 $34,048 $1,866,592 $831,200 $1,035,392
2017 $33,668 $1,765,349 $779,250 $986,099
2016 $32,374 $1,635,575 $0 $0
2015 $31,813 $1,544,665 $0 $0
2014 $30,400 $1,472,533 $0 $0
Source: Public Records

Map

Florida Volusia County Ormond Beach 32176

507 S Atlantic Ave, Ormond Beach, FL

Not Listed for Sale

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