NOT LISTED FOR SALE

7 Magnolia Dr S Ormond Beach, FL 32174

Plantation Bay Neighborhood

Estimated Value: $264,000 - $283,687

2 Beds
2 Baths
1,300 Sq Ft
1,742 Sq Ft Lot

Last Sold March 15, 2024

Last sale price $310,000 $238 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,661/month

20 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Clubhouse
  • Golf Course Community
  • Home fronts a pond
  • Screened Porch

About This Home

As of March 2024

AMAZING VIEWS of the golf course and lake with fountain from this 2nd floor Condo! Owner loves that you can watch the sun rise & set from the wrap around balcony! You'll want to move in immediately when you walk in thru the front door! Gorgeous knotty pine cathedral ceilings, which adds warmth to the home! Large family room with 2 extra large sliding glass doors to balcony. Separate dining room (neutral tile flooring). Updated kitchen with solid wood, soft close drawers. Granite countertops &. induction GE cooktop/oven. Split bedrooms that each feature ensuite bathrooms; custom closets & laminate flooring. Ceiling fans and Plantation Shutters. Washer & dryer located in kitchen. Buyers of this property will receive a substantial discount on initiation fees when they join the amenities at Plantation Bay within 30 days of closing!

Last Agent to Sell the Property

Debbie Spelman

Venture Development Realty, Inc License #3365144 Listed on: 01/04/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,669

Year Built

  • Built in 1987

Lot Details

  • Home fronts a pond
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac

Parking

  • 297 Car Garage
  • Carport

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Dining Room
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • Accessible Common Area
  • Non-Toxic Pest Control

Listing and Financial Details

  • Assessor Parcel Number 03-13-31-5120-1A040-02C0

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, ground maintenance, maintenance structure, pest control, security
  • Plantation Bay Community Association, Inc. Association
  • Plantation Bay Subdivision
  • On-Site Maintenance

Recreation

  • Golf Course Community
  • Pickleball Courts
  • Community Pool
  • Tennis Courts

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Additional Features

  • Clubhouse
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,669

Year Built

Built in 1987

Lot Details

0

Parking

297

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Lot Size: N/A
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Plantation Bay
  • Directions: I-95 to exit 278, West on Old Dixie Hwy, L.into Plantation Bay, 1st immediate right after gate, turn left towards condo
  • Carport Y N: Yes
  • Unit Levels: Two
  • New Construction: No
  • Year Built: 1987
  • Reso Property Type: Residential
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Dimensions: N/A
  • General Property Information CDD Fee YN: No
  • General Property Information Homestead YN: No
  • Location Tax and Legal:Parcel Number: 03-13-31-5120-1A040-02C0
  • Location Tax and Legal:Tax Annual Amount: 2668.62
  • Location Tax and Legal:Tax Year: 2023
  • Cooling:Central Air: Yes
  • Pool Features In Ground2: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • ViewPond: Yes
  • Pets Allowed:Yes: Yes
  • Levels:Two: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room: Yes
  • Pets Allowed:Size Limit: Yes
  • Room Types Dining Room Level: M
  • Pets Allowed:Number Limit: Yes
  • Room Types Family Room: Yes
  • Road Frontage Type:Private Road: Yes
  • Room Types Family Room Level: M
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Accessibility Features: Common Area
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Split Bedrooms
  • Living Area: 1300.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Lot Features: Cul-De-Sac
  • Pool Features: Community, In Ground
  • View: Lake, Pond
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Exterior Features: Balcony, Tennis Court(s)
  • Patio And Porch Features: Screened
  • Roof: Shingle
  • Accessibility Features:Common Area: Yes
  • Exterior Features:Tennis Court(s)2: Yes
  • View:Lake: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 297.0
  • Parking Features: Carport
  • Parking Features:Carport: Yes

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

  • Amenities: Clubhouse, Golf Course, Pickleball
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 396.0
  • Association Name: PLANTATION BAY COMMUNITY ASSOCIATION, INC.
  • Association: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes

Association/Amenities

  • General Property Information:Association Fee: 396.0
  • General Property Information:Association Fee 2 Frequency: Quarterly
  • General Property Information:Association Name: PLANTATION BAY COMMUNITY ASSOCIATION, INC.
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Fee Includes:Other4: Yes
  • Association Amenities:Pickleball: Yes
  • Association Fee Includes:Security2: Yes
  • Association Amenities:Golf Course: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Other

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 03-13-31-5120-1A040-02C0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2668.62
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Mar 15, 2024
Sold by
Jenny Christian and Jenny Barbara J
Bought by
Gary Lastinger Living Trust and Lastinger
Seller's Agent
Debbie Spelman
Venture Development Realty, Inc
Buyer's Agent
Debbie Spelman
Venture Development Realty, Inc
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$270,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,328
Avg. Annual Appreciation
-7.26%
Original Mortgage
$248,000
Outstanding Balance
$243,900
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$26,772

Purchase Details

Closed on
Apr 20, 2023
Sold by
Jenny Christian and Jenny Barbara J
Bought by
Jenny Christian and Jenny Barbara J

Purchase Details

Closed on
Dec 21, 2018
Sold by
Jenny Christian
Bought by
Jenny Christian and Dixon Barbara J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gary Lastinger Living Trust $310,000 Southern Title Holdings
Gary Lastinger Living Trust $310,000 Southern Title Holdings
Jenny Christian $100 None Listed On Document
Jenny Christian -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gary Lastinger Living Trust $248,000
Closed Gary Lastinger Living Trust $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $310,000 0.0% $238 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $310,000 -- $238 / 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 $2,967 $243,116 -- $243,116
2024 $2,780 $243,116 -- $243,116
2023 $2,780 $231,539 $0 $231,539
2022 $2,371 $185,231 $0 $185,231
2021 $2,080 $142,485 $0 $142,485
2020 $673 $135,700 $0 $0
2019 $657 $150,800 $0 $0
2018 $753 $88,459 $0 $0
2017 $736 $86,640 $0 $0
2016 $728 $121,600 $0 $0
2015 $732 $105,700 $0 $0
2014 $735 $83,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Debbie Spelman

    Venture Development Realty, Inc

    (386) 690-6511

    60 in this area

    87 Total Sales

    Debbie Spelman
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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1117716

Daytona Beach Area Association of REALTORS®

APN: 03-13-31-5120-1A040-02C0

Florida Flagler County Ormond Beach 32174 Plantation Bay

7 Magnolia Dr S, Ormond Beach, FL

Not Listed for Sale

Condos

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