NOT LISTED FOR SALE

5145 Coral Reef Way Daytona Beach, FL 32124

Estimated Value: $542,645 - $583,000

4 Beds
3 Baths
2,032 Sq Ft
$278/Sq Ft Est. Value

Highlights

  • New Construction
  • Open Floorplan
  • Central Heating and Cooling System
  • B.D. Gullett Elementary School Rated A-
  • 2 Car Attached Garage

About This Home

As of March 2023

BRAND NEW HOME IN LORRAINE LAKES - UNFURNISHED, 4 BEDROOM, 3 BATH & 2 CAR GARAGE SINGLE FAMILY HOME. First, Last, Security, $100 HOA fee & Application Fee Required. This spacious home features a modern layout with 2,032 square feet of versatile living space featuring 4 bedrooms in a desirable split plan with 3 full baths. The spacious kitchen is open to both family and dining rooms, delivering the ideal for layout for socializing and entertaining. The covered lanai is perfect for enjoying the laid-back Florida lifestyle. Pet friendly upon owner approval with a $500.00 pet fee.

All Suncoast Leasing and Management residents are enrolled in the Resident Benefits Package (RBP) for $50.95/month which includes renters' insurance, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connections and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more!

Last Agent to Rent the Property

Pamela Parrino

SUNCOAST LEASING & MANAGEMENT License #3494385 Listed on: 10/25/2022

Last Renter's Agent

Pamela Parrino

SUNCOAST LEASING & MANAGEMENT License #3494385 Listed on: 10/25/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,329

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,181

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,032 Sq Ft Home
  • Open Floorplan
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 8,181 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association Approval Fee: 100
  • Suncoast Leasing And Management Association
  • Lakewood Ranch Community
  • Lorraine Lakes Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,650
  • Property Available on 4/1/24
  • Tenant pays for carpet cleaning fee, cleaning fee
  • The owner pays for grounds care
  • Long Term Lease
  • $60 Application Fee
  • Assessor Parcel Number 581211059

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,329

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Annually
  • Pets Allowed: Yes
  • Lease Fee: 10
  • Long Term Y N: Yes
  • Minimum Lease: 1-2 Years
  • Application Fee: 60
  • Security Deposit: 3650
  • Lease Referral Fee Comments: Lease fee and/or referral fee equal to 10% of Brokers first leasing commission.
  • Available Date: 2024-04-01

Listing Details

  • Property Type: Residential Lease
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Living Area: 2032
  • New Construction: Yes
  • Year Built: 2022
  • Lot Size Sq Ft: 8181
  • Owner Pays: Grounds Care
  • Tenant Pays: Carpet Cleaning Fee, Cleaning Fee
  • Directions to Property: SR64 to Ulhien Rd
  • Status: Leased
  • Unit Number Y N: No
  • Additional Pet Fee: Pet friendly upon owner approval.
  • Ratio: Close Price\List Price: 1.05479
  • Price per Sq Ft: 1.89
  • Close to Original List Price Ratio: 0.85556
  • View: No
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Interior Amenities: Open Floorplan
  • Appliances Included: Dryer, Microwave, Refrigerator, Washer
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 5145

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Suncoast Leasing and Management
  • Association: Yes
  • Senior Community: No
  • Association Approval Fee: 100
  • Association Fee Requirement: Required

Lot Info

  • Parcel Number: 581211059
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2022
Sold by
Lennar Homes Llc
Bought by
Schulman Brian and Schulman Jennifer
Current Estimated Value
$564,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Outstanding Balance
$441,782
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$122,879

Purchase Details

Closed on
Jun 17, 2022
Sold by
Ag Essential Housing Multi State 2 Llc
Bought by
Lennar Homes Llc

Purchase Details

Closed on
Nov 16, 2021
Sold by
Lennar Homes Llc
Bought by
Ag Essentail Housing Multi State 2 Llc
Source: Public Records

Range of Values:

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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
Schulman Brian $570,000 Lennar Title
Lennar Homes Llc $1,541,300 Biskind Hunt & Semro Plc
Ag Essentail Housing Multi State 2 Llc $26,078,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulman Brian $456,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2023 03/04/23 Rented $3,850 +5.5% --
02/09/2023 02/09/23 For Rent $3,650 0.0% --
02/08/2023 02/08/23 Off Market $3,650 -- --
02/07/2023 02/07/23 Price Changed $3,650 -6.4% $2 / Sq Ft
12/07/2022 12/07/22 Price Changed $3,900 -8.2% $2 / Sq Ft
11/15/2022 11/15/22 Price Changed $4,250 -5.6% $2 / Sq Ft
10/25/2022 10/25/22 For Rent $4,500 -- --
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 $8,329 $450,287 $85,000 $365,287
2024 $8,329 $476,316 $66,300 $410,016
2023 $8,329 $439,042 $66,300 $372,742
2022 $2,199 $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: A4550825

Stellar MLS

APN: 5812-1105-9