NOT LISTED FOR SALE

705 N Atlantic Ave Unit 5040 New Smyrna Beach, FL 32169

Central Beach Neighborhood

Estimated Value: $561,000 - $674,000

2 Beds
2 Baths
1,117 Sq Ft
$390/mo HOA Fee

Last Sold September 17, 2014

Last sale price $257,000 $230 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,240/month

34 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Central Heating and Cooling System
  • Coronado Beach Elementary School Rated 10
  • Balcony
  • East Facing Home

About This Home

As of September 2014

GORGEOUS BALCONY VIEWS FROM THIS FIFTH FLOOR TWO BED TWO BATH CONDO! DIRECT OCEAN FRONTAGE UNIT WITH TILE FLOORS IN ALL COMMON AREAS.

Last Agent to Sell the Property

Corey Berman

Menu Realty License #3218425 Listed on: 06/18/2014

Last Buyer's Agent

Karen Nelson

Nonmember office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,081

Year Built

  • Built in 1971

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $390 Monthly HOA Fees

Interior Spaces

  • 1,117 Sq Ft Home
  • 3-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Common Area

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 745517005040

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure
  • On-Site Maintenance

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,081

Year Built

Built in 1971

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Directions: -N CAUSEWAY TO L AT N PENINSULA, R AT CRAWFORD, STRAIGHT TO CORONADO TOWERS
  • Carport Y N: No
  • Entry Level: 5
  • Unit Levels: Three Or More
  • New Construction: No
  • Year Built: 1971
  • Reso Property Type: Residential
  • Sewer:Private Sewer: Yes
  • General Property Information Direction Faces: East
  • General Property Information Homestead YN: No
  • Location Tax and Legal:Parcel Number: 745517005040
  • Location Tax and Legal:Tax Annual Amount: 4081.0
  • Location Tax and Legal:Tax Year: 2013
  • Cooling:Central Air: Yes
  • Levels Three Or More: Yes
  • Pool Features In Ground2: Yes
  • Road Surface Type:Paved: Yes
  • ViewOcean: Yes
  • Water Source Private3: Yes
  • Special Features: None

Interior Features

  • Accessibility Features: Common Area
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1117.0
  • Pool Features:Community: Yes

Exterior Features

  • Pool Features: Community, In Ground
  • View: Ocean
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Direction Faces: East
  • Exterior Features: Balcony
  • Accessibility Features:Common Area: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Front: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 390.0
  • Association Fee Frequency: Monthly
  • Association Name: 5040
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 390.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Name: 5040
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure

Lot Info

  • Parcel #: 745517005040

Tax Info

  • Tax Annual Amount: 4081.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Sep 17, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gest Sean P and West Penny M
Seller's Agent
Corey Berman
Menu Realty
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$257,000
Sold Price
$257,000
Total Days on Market
34
Current Estimated Value
$605,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,340
Avg. Annual Appreciation
8.32%
Original Mortgage
$218,450
Outstanding Balance
$170,165
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$435,175

Purchase Details

Listed on
Jun 18, 2014
Closed on
Sep 11, 2014
Sold by
Suntrust Mortgage Inc
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Corey Berman
Menu Realty
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$257,000
Sold Price
$257,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,450
Outstanding Balance
$170,165
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$435,175

Purchase Details

Listed on
Jun 18, 2014
Closed on
Sep 2, 2014
Sold by
Malugen Clardy M A
Bought by
Suntrust Mortgage Inc
Seller's Agent
Corey Berman
Menu Realty
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$257,000
Sold Price
$257,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,450
Outstanding Balance
$170,165
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$435,175

Purchase Details

Closed on
Feb 17, 2014
Sold by
Malugen Clardy M A
Bought by
Suntrust Bank Na

Purchase Details

Closed on
Feb 3, 2004
Sold by
Burr Richard L and Burr David Alan
Bought by
Malugen Clardy A

Purchase Details

Closed on
Feb 28, 2000
Sold by
Burr Richard L
Bought by
Burr Richard L and Burr David Alan

Purchase Details

Closed on
Sep 15, 1972
Bought by
Gest Sean P
Source: Public Records

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Range of Values:

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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
Gest Sean P $257,000 New House Title Llc
Federal Home Loan Mortgage Corporation -- New House Title Llc
Suntrust Mortgage Inc -- None Available
Suntrust Bank Na -- None Available
Malugen Clardy A $313,800 --
Burr Richard L -- --
Gest Sean P $36,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gest Sean P $218,450
Previous Owner Malugen Clardy A $397,500
Previous Owner Burr Richard L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2014 09/17/14 Sold $257,000 0.0% $230 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $257,000 -- $230 / 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 $7,647 $502,535 -- $502,535
2024 $7,647 $502,535 -- $502,535
2023 $7,647 $475,551 $0 $475,551
2022 $7,123 $475,551 $0 $475,551
2021 $6,359 $352,944 $0 $352,944
2020 $5,808 $320,891 $0 $320,891
2019 $5,624 $299,098 $0 $299,098
2018 $5,703 $299,099 $1 $299,098
2017 $5,362 $272,403 $68,101 $204,302
2016 $5,229 $248,805 $0 $0
2015 $4,926 $222,864 $0 $0
2014 $4,806 $253,832 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Corey Berman

    Menu Realty

    25 Total Sales

    Corey Berman
    Section Image

  • K

    Buyer's Agent in 2014

    Karen Nelson

    Nonmember office

    (386) 677-7131

    63 in this area

    9,667 Total Sales

    Karen Nelson
    Section Image
See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 560218

Daytona Beach Area Association of REALTORS®

APN: 7455-17-00-5040

Florida Volusia County New Smyrna Beach 32169 Central Beach

705 N Atlantic Ave Unit 5040, New Smyrna Beach, FL

This home is located at 705 N Atlantic Ave Unit 5040, New Smyrna Beach, FL 32169 since 18 June 2014 and is currently estimated at $605,340, approximately $541 per square foot. This property was built in 1971. 705 N Atlantic Ave Unit 5040 is a home located in Volusia County with nearby schools including Coronado Beach Elementary School, New Smyrna Beach Middle School, and Knight's Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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