NOT LISTED FOR SALE

5110 Coral Reef Way Daytona Beach, FL 32124

Estimated Value: $487,000 - $562,000

3 Beds
3 Baths
1,849 Sq Ft
$282/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $500,000 $270 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,550/month

65 Days on Market

Highlights

  • Waterfront Community
  • Water Views
  • New Construction
  • B.D. Gullett Elementary School Rated A-
  • Fitness Center
  • Fishing

About This Home

As of November 2022

Welcome to this new construction home in Lakewood Ranch!!!! The popular 1849’ Venice model located in the gated community Lorraine Lakes. Lakewood Ranch is rated as the nations #1 multi-generational planned community known for excellent schools, beautiful state parks, exceptional restaurants and entertainment, unlimited shopping, some of the best beaches in the country, 3 professional sports teams a hour away and many great golf courses. This beautiful single story 3 bed 3 bath home features a open floor plan with diagonal tile floors through all main areas, recessed lighting throughout, carpet in bedrooms, huge kitchen with island seating for three and pendant lighting, large pantry, granite counters, stainless steel appliances, gas range, shaker style cabinetry. recessed lighting. The master suite features two large walk in closets and window view of the pond. Master bathroom has large tile shower with a very functional duel sink vanity. The garage has an automatic opener, painted floor and tankless water heater. Washer and Dryer are included. The AC is a 3 ton unit. Lawn care and internet is covered by the HOA. One of a kind amenities included: Multimillion dollar Clubhouse with a restaurant and bar, resort style pool with lap lanes, fitness center, tennis, pickleball, basketball and bocce ball courts, sports/event lawn, playground, splash park and sand volleyball. Make this home yours and get to enjoying life!!!!!!! quality of life for all ages. The beaches are 25 minute drive away and 3 professional sports teams less than a hour away. the school district is A rated and very desired for elementary through high school.

Last Agent to Sell the Property

Charles Roulund

License #3535735 Listed on: 08/27/2022

Last Buyer's Agent

Sandee Teresa

COMPASS FLORIDA LLC License #3230037

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,157 Sq Ft Lot
  • West Facing Home
  • Landscaped with Trees
  • Property is zoned RE1

HOA Fees

  • $222 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Slate Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,849 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Water Views
  • Smart Home

Kitchen

  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Ice Maker
  • Stone Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • Gullett Elementary School
  • Dr Mona Jain Middle School
  • Lakewood Ranch High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, common area taxes, pool, maintenance structure, maintenance, management, recreational facilities, security
  • Courtney Dalton Association
  • Built by Lennar
  • Lorraine Lakes Ph I Subdivision, Venice Floorplan
  • Lakewood Ranch Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Waterfront Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,928

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$222 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Common Area Taxes, Pool, Maintenance Structure, Maintenance, Management, Pool, Recreational Facilities, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1849
  • Lot Size Acres: 0.16
  • New Construction: Yes
  • Year Built: 2022
  • Lot Size Sq Ft: 7157
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 270.42
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Smart Home, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Exhaust Fan, Gas Water Heater, Ice Maker, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 171.78

Exterior Features

  • Direction Faces: West
  • Pool Features: Other
  • Exterior Features: Irrigation System, Lighting, Sliding Doors
  • Roof: Slate
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Mailbox, Deed Restrictions, Fishing, Fitness Center, Gated, Irrigation-Reclaimed Water, Park, Playground, Pool, Sidewalks, Tennis Courts, Waterfront
  • Association Amenities: Basketball Court, Cable TV, Clubhouse, Fitness Center, Gated, Pickleball Court(s), Playground, Pool, Recreation Facilities, Tennis Court(s)
  • Association Fee: 667
  • Association Fee Frequency: Quarterly
  • Association Name: Courtney Dalton
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: cdslton@theiconteam.com
  • Development: Lorraine Lakes

Fee Information

  • Total Annual Fees: 2668.00
  • Total Monthly Fees: 222.33
  • Monthly HOA Amount: 222.33

Schools

  • Elementary School: Gullett Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Dr Mona Jain Middle

Lot Info

  • Zoning: RE1
  • Parcel Number: 581210359
  • Additional Parcels: No
  • Flood Zone Code: X

Green Features

  • Green Water Conservation: Drip Irrigation, Irrigation-Reclaimed Water

Building Info

  • Builder Name: Lennar

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Attachment Rules and regulations

Tax Info

  • Tax Annual Amount: 1927.56
  • Tax Lot: 207
  • Tax Other Annual Assessment Amount: 1702

Multi Family

  • Approval Process: See Attachment Rules and regulations

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2022
Closed on
Nov 28, 2022
Sold by
Roulund Charles and Roulund Tamera
Bought by
Parsons David K and Parsons Julie
Seller's Agent
Charles Roulund
Buyer's Agent
Sandee Teresa
COMPASS FLORIDA LLC
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
31
Current Estimated Value
$521,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,137
Avg. Annual Appreciation
1.43%
Original Mortgage
$150,000
Outstanding Balance
$143,361
Interest Rate
7.08%
Mortgage Type
Balloon
Estimated Equity
$377,776

Purchase Details

Closed on
Aug 11, 2022
Sold by
Lennar Homes Llc
Bought by
Roulund Charles and Roulund Tamera
Source: Public Records

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
Parsons David K $500,000 --
Roulund Charles $490,300 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons David K $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2022 11/28/22 Sold $500,000 0.0% $270 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/26/2022 10/26/22 Price Changed $500,000 -7.4% $270 / Sq Ft
10/21/2022 10/21/22 Price Changed $540,000 -1.8% $292 / Sq Ft
10/12/2022 10/12/22 For Sale $550,000 0.0% $297 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/14/2022 09/14/22 Price Changed $550,000 -1.8% $297 / Sq Ft
08/27/2022 08/27/22 For Sale $560,000 -- $303 / 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 $7,211 $413,400 $85,000 $328,400
2024 $7,211 $413,444 -- --
2023 $7,211 $401,402 $66,300 $335,102
2022 $2,195 $19,970 $19,970 $0
2021 $1,928 $19,970 $19,970 $0
2020 $1,473 $19,970 $19,970 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4546392

Stellar MLS

APN: 5812-1035-9