NOT LISTED FOR SALE

7 Mar Azul S Ponce Inlet, FL 32127

Estimated Value: $1,110,000 - $1,165,000

3 Beds
3.5 Baths
3,200 Sq Ft
$358/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $805,000 $252 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,103/month

5 Days on Market

Highlights

  • Private Pool
  • Full Gulf or Ocean Views
  • Waterfront
  • Spruce Creek High School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of November 2020

Panoramic ocean and lighthouse views! This fabulous home is in the coveted Las Olas section of Ponce Inlet. Amazing open floor plan, private elevator, spacious covered decks, tongue and groove wood ceiling throughout, steam shower in the master, tankless water heater, security system. This house has the "wow" factor and is the perfect home for relaxing or entertaining. The first floor has a large family room, full bath with shower, laundry with full refrigerator, and a two car garage. The second floor features a spacious master, spa-like bath with a huge steam shower and Japanese soaking tub. There are two more bedrooms on this floor. The third floor is the living, dining, kitchen with volume ceilings and spectacular views. Backyard has a private pool and spa. Completed plans available for additional guest home. See attachment for a list of recent improvements from 2019 thru 2020. ;Water: City

Last Agent to Sell the Property

Patricia Collado

COLLADO REAL ESTATE License #636547 Listed on: 10/06/2020

COLLADO REAL ESTATE

Last Buyer's Agent

Patricia Collado

COLLADO REAL ESTATE License #636547 Listed on: 10/06/2020

COLLADO REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,411

Year Built

  • Built in 2008

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 103x106
  • Waterfront
  • Irrigation

HOA Fees

  • $75 Monthly HOA Fees

Property Views

  • Full Gulf or Ocean
  • Lake

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 3,200 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Cathedral Ceiling
  • Tile Flooring
  • Home Security System

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Garage Door Opener

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6430-25-00-0680

Community Details

Overview

  • Association fees include ground maintenance
  • Las Olas Association, Phone Number (954) 522-7177
  • Las Olas Ph 01 & 02 Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,411

Year Built

Built in 2008

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete, Frame, Stucco
  • Living Area: 3200
  • Lot Size Acres: 0.25
  • Year Built: 2008
  • Building Area Total: 3630
  • Directions to Property: From Dunlawton go South on Atlantic to right on Mar Azul. Home is directly behind the waterfall.
  • Status: Sold
  • List Office Head Office Key Nume: 172580748
  • RATIO Current Price By Calculate: 251.56
  • MFR_InLawSuiteYN: 0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Elevator, Open Floorplan, Vaulted Ceiling(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Spa Yn: Yes
  • Stories: 3
  • Street Number Modifier: 7
  • Room Count: 7

Exterior Features

  • Exterior Features: Balcony, Irrigation System
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Porch
  • Road Surface Type: Asphalt
  • Water View: Gulf/Ocean - Full,Lake

Garage/Parking

  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Gated, Pool
  • Association Fee: 75
  • Association Fee Frequency: Monthly
  • Association Name: Las Olas
  • Phone: 954-522-7177
  • Security: Security System
  • Senior Community: No
  • Development: Las Olas

Lot Info

  • Zoning: R
  • Parcel Number: 6430-25-00-0680
  • Lot Features: City Limits
  • Lot Dimensions: 103x106

Rental Info

  • Furnished: Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Nov 19, 2020
Sold by
Savas Joseph and Savas Stephanie
Bought by
Reeves Michael G and Reeves Kari A
Seller's Agent
Patricia Collado
COLLADO REAL ESTATE
Buyer's Agent
Patricia Collado
COLLADO REAL ESTATE
List Price
$825,000
Sold Price
$805,000
Premium/Discount to List
-$20,000
-2.42%
Current Estimated Value
$1,146,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,285
Avg. Annual Appreciation
8.36%
Original Mortgage
$510,400
Outstanding Balance
$460,358
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$728,605

Purchase Details

Listed on
Oct 3, 2018
Closed on
Aug 30, 2019
Sold by
Kinchla Mark L and Kinchla Katherine H
Bought by
Savas Joseph and Savas Stephanie
Seller's Agent
Katherine Kinchla
Keller Williams Realty At The Parks
Buyer's Agent
Kathy Kinchla
Keller Williams Realty At The Parks
List Price
$620,000
Sold Price
$620,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.87%
Original Mortgage
$496,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2014
Sold by
Kinchla Katherine H and Kinchla Mark L
Bought by
Hinchla Mark L and Kinchla Katherine H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 29, 2007
Sold by
Seen Henry L
Bought by
Casimiro Joel and Kinchla Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,717
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2006
Sold by
Seen Kristine A
Bought by
Seen Henry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 10, 2003
Sold by
Las Olas L L C
Bought by
Seen Henry L and Seen Kristine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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
Reeves Michael G $805,000 Dominion Parks To Beach Ttl
Savas Joseph $620,000 Attorney
Hinchla Mark L -- Attorney
Kinchla Katherine -- None Available
Casimiro Joel $315,000 Attorney
Seen Henry L -- None Available
Seen Henry L $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves Michael G $510,400
Previous Owner Savas Joseph $496,000
Previous Owner Hinchla Mark L $500,000
Previous Owner Casimiro Joel $702,717
Previous Owner Seen Henry L $250,000
Previous Owner Seen Henry L $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $805,000 0.0% $252 / Sq Ft
11/19/2020 11/19/20 Sold $805,000 -2.4% $252 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/12/2020 10/12/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $825,000 +2.5% $258 / Sq Ft
10/06/2020 10/06/20 For Sale $805,000 +29.8% $252 / Sq Ft
08/30/2019 08/30/19 Sold $620,000 0.0% $194 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
10/03/2018 10/03/18 For Sale $620,000 -- $194 / 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 $11,411 $695,470 -- --
2024 $11,411 $675,870 -- --
2023 $11,411 $656,185 $0 $0
2022 $10,610 $637,073 $0 $0
2021 $11,442 $587,784 $132,686 $455,098
2019 $9,882 $519,194 $125,287 $393,907
2018 $9,374 $510,383 $98,911 $411,472
2017 $8,908 $493,749 $98,778 $394,971
2016 $8,707 $486,762 $0 $0
2015 $8,294 $452,869 $0 $0
2014 $7,517 $382,814 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1060934

Stellar MLS

APN: 6430-25-00-0680