NOT LISTED FOR SALE

518 Riverside Dr Ormond Beach, FL 32176

Estimated Value: $1,838,000 - $2,288,612

5 Beds
4.5 Baths
4,473 Sq Ft
$473/Sq Ft Est. Value

Last Sold December 30, 2024

Last sale price $2,500,000 $559 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $13,726/month

Highlights

  • 100 Feet of Waterfront
  • River Access
  • In Ground Pool
  • Docks
  • Intracoastal View
  • 0.49 Acre Lot

About This Home

As of December 2024

Custom estate remodeled by Viscomi Construction.
For statistical purpose only

Last Agent to Sell the Property

Bill Navarra

Realty Pros Assured License #0663270 Listed on: 12/30/2024

Realty Pros Assured

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,941

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 100x198
  • 100 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • River Front

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • River

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Block And Beam Construction

Interior Spaces

  • 4,473 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Tile Flooring
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Closets
  • Walk-In Closet

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • River Access
  • Docks
  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ormond Beach Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4223-04-01-0240

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,941

Year Built

Built in 1951 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.49
  • Lot Size: 100x198
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Ormond Beach Park
  • Directions: East on Granada Blvd., to Right on Riverside Dr., Home on right. (River)
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1951
  • Reso Property Type: Residential
  • Appliances Refrigerators: Yes
  • Roof:Metal: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.4864
  • General Property Information Lot Size Dimensions: 100x198
  • General Property Information CDD Fee YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Homestead YN: No
  • General Property Information:Stories: 2
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 4223-04-01-0240
  • Location Tax and Legal:Tax Annual Amount: 19941.0
  • Location Tax and Legal:Tax Year: 2024
  • Cooling:Central Air: Yes
  • Flooring:Tile: Yes
  • Pool Features In Ground2: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • View:River: Yes
  • Levels:Two: Yes
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Utilities Sewer Connected: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Spa Features In Ground: Yes
  • Foundation Details Slab: Yes
  • View Intracoastal: Yes
  • Architectural Style:Contemporary: Yes
  • Waterfront Features Intracoastal2: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • General Property Information Water Frontage Feet: 100
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: In Ground
  • Appliances: Refrigerator, Electric Range
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Open Floorplan, Walk-In Closet(s)
  • Living Area: 4473.0
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Pool Features: In Ground
  • View: Intracoastal, River
  • Waterfront: Yes
  • Construction Type: Block
  • Exterior Features: Dock
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Updated/Remodeled
  • Roof: Metal
  • Construction Materials:Block: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes
  • Exterior Features:Dock: Yes
  • Waterfront Features:River Front: Yes
  • Waterfront Features:River Access: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Pets Allowed: Cats OK, Dogs OK

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 21187.58
  • Parcel #: 4223-04-01-0240
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19941.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Viscomi Paul V and Viscomi Sandra K
Bought by
Sims Richard Cleveland and Sims Janell Hutchinson
Current Estimated Value
$2,117,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,249,750
Outstanding Balance
$2,208,868
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$91,465

Purchase Details

Listed on
Aug 21, 2019
Closed on
Sep 11, 2019
Sold by
U S Bank National Association
Bought by
Viscomi Paul V and Viscomi Sandra K
Seller's Agent
Geraldine Westfall
Simply Real Estate
Buyer's Agent
Buzzy Porter
Realty Pros Assured
List Price
$530,000
Sold Price
$530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.17%
Original Mortgage
$688,000
Interest Rate
4.27%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 26, 2019
Sold by
Vasilaros Steven T
Bought by
Us Bank National Association and Chevy Chase Funding Llc

Purchase Details

Closed on
Sep 15, 1993
Sold by
Vose James E and Vose Patricia G
Bought by
Vasilaros Steven T and Vasilaros Jerilyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 1985
Bought by
Vasilaros Steven T and Vasilaros Jerilyn K

Purchase Details

Closed on
Jan 15, 1966
Bought by
Vasilaros Steven T and Vasilaros Jerilyn K
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sims Richard Cleveland $2,500,000 Realty Pro Title
Sims Richard Cleveland $2,500,000 Realty Pro Title
Viscomi Paul V $530,000 Attorney
Us Bank National Association $588,100 None Available
Vasilaros Steven T $285,000 --
Vasilaros Steven T $150,000 --
Vasilaros Steven T $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Richard Cleveland $2,249,750
Closed Sims Richard Cleveland $2,249,750
Previous Owner Viscomi Paul V $688,000
Previous Owner Vasilaros Steven T $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2024 12/30/24 Sold $2,500,000 0.0% $559 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
12/30/2024 12/30/24 For Sale $2,500,000 +371.7% $559 / Sq Ft
10/08/2019 10/08/19 Sold $530,000 0.0% $137 / Sq Ft View Prior Sale
08/29/2019 08/29/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $530,000 -- $137 / 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 $31,192 $1,948,645 -- --
2024 $9,949 $1,911,215 $630,016 $1,281,199
2023 $9,949 $609,517 $604,422 $5,095
2022 $9,214 $579,300 $574,397 $4,903
2021 $8,859 $503,411 $499,583 $3,828
2020 $8,126 $461,594 $457,746 $3,848
2019 $15,448 $870,189 $480,200 $389,989
2018 $16,815 $921,835 $428,260 $493,575
2017 $16,711 $876,218 $426,512 $449,706
2016 $16,775 $847,505 $0 $0
2015 $7,642 $412,313 $0 $0
2014 $7,596 $409,041 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1207267

Daytona Beach Area Association of REALTORS®

APN: 4223-04-01-0240