20 minute read
Real Estate
from OBO 08 20 20
Top seller includes a guest house and pool house
WAYNE GRANT
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REAL ESTATE EDITOR
Ahouse in Broadwater was the top real estate transaction in Ormond Beach and Ormond-by-the-Sea for the week of July 12-18 in the Multiple Listing Service. Michel and Rachel Samson, individually and as trustees, sold 30 Broadriver Road to Joshua Wells, as trustee, for $1.6 million. Built in 1993, the house is a 6/5 with three half-baths, a guest house, pool house, swimming pool, boat dock, boat house and 7,534 square feet. It sold in 2017 for $1,293,000. Following is a partial list of the week’s other sales.
Courtesy photo A house in the Broadwater neighborhood with a pool and boat dock on the Tomoka River was the top transaction.
ORMOND BEACH
Reza Sina, individually and as trustee, sold 95 Ocean Shore Blvd. to Edward and Lisa Schatz, of Ormond Beach, for $1,593,000. Built in 1991, the house is a 3/3.5 and has a fireplace, elevator, cabana, swimming pool and 3,149 square feet. It sold in 2016 for $1,546,700.
Ormond King Center LLC, of Ormond Beach, sold 799 Sterthaus Drive, Unit 504, to Janet Gregory, as trustee, for $375,900. Built in 2018, the condo is a 3/2 and has 1,428 square feet.
Philip and Susanna Raymond, of Ormond Beach, sold 663 Pineland Trail to Bob Blankenship, of Ormond Beach, for $345,000. Built in 1986, the house is a 4/3 and has a guest house, swimming pool, barn and 1,800 square feet. It sold in 2015 for $349,000.
Ormond King Center LLC, of Ormond Beach, sold 799 Sterthaus Drive, Unit 307, to Richard Ackerman and Diane Evanac, of Ormond Beach, for $320,000. Built in 2018, the condo is a 3/2 and has 1,515 square feet.
Jean Perkins and Robert Grant, of Ormond Beach, sold 264 N. Ridgewood Ave. to Meghan Duran, of Ormond Beach, for $285,000. Built in 1924, the house is a 3/2 and has a fireplace and 1,684 square feet. It sold in 2019 for $150,000. Sharon Bradley, of Daytona Beach, and Sandra Bradley, of Oak Hill, sold 717 N. Halifax Drive to Sarah Beagan and Elliott Kachnycz, of Ormond Beach, for $247,000. Built in 1957, the house is a 2/2 and has a fireplace, swimming pool and 1,567 square feet.
KB Home Jacksonville LLC, of Jacksonville, sold 98 Bella Vita Way to Antoine and Brittany Sweeting, of Ormond Beach, for $190,900. Built in 2020, the townhouse is a 3/2.5 and has 1,681 square feet.
Madelyn Martin, of Palm Coast, sold 409 Division Ave. to Fredrick Donohoe, and Madison Mangus, of Ormond Beach, for $169,900. Built in 1972, the house is a 3/2 and has 1,370 square feet. It sold in 1974 for $35,500.
Martin Wohl, of Clearwater, sold 640 N. Nova Road, Unit 2010, to Sheila Blount, of Ormond Beach, for $111,000. Built in 1976, the condo is a 2/2 and has 932 square feet. It sold in 2006 for $155,000.
Breakaway Trails
Maria Williams, of Ormond Beach, sold 9 Crescent Lake Way to Joseph and Bryn Will, of Ormond Beach, for $489,000. Built in 1989, the house is a 4/3.5 and has two fireplaces, a swimming pool and 2,852 square feet. It sold in 2017 for $313,800.
Peter and Deborah Glover, of Ormond Beach, sold 28 Circle Creek Way to Brandon Byers and Melissa Bonilla, of Ormond Beach, for $325,000. Built in 2002, the house is a 3/2 and has 2,096 square feet. It sold in 2011 for $162,500.
Hunter’s Ridge
Amanda and Glen Bond, of Ormond Beach, sold 27 Abacus Ave. to Dawn Petito and Richard del Buono, of Ormond Beach, for $277,000. Built in 2014, the house is a 4/2 and has 1,682 square feet. It sold in 2014 for $246,200.
David and Crystal Abner, of Ormond Beach, sold 70 Levee Lane to Anna and Gary Boyd, of Ormond Beach, for $270,000. Built in 2009, the house is a 5/2.5 and has 2,845 square feet. It sold in 2009 for $213,758.
Oak Forest
Thomas and Lorraine Hunnefeld, of Ormond Beach, sold 77 Sycamore Circle to Patrick Gagnon and Sherry Clark, of Ormond Beach, for $312,000. Built in 1980, the house is a 3/2 and has a fireplace, swimming pool and 1,706 square feet. It sold in 1988 for $103,000.
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RESIDENTIAL REAL ESTATE TRANSACTIONS
JULY 12 - JULY 18
Petito, of Ormond Beach, sold 17 Lochwind Lane to Jamie Maragas, of Ormond Beach, for $345,900. Built in 2004, the house is a 3/2 and has a swimming pool and 1,949 square feet. It sold in 2016 for $275,000.
Plantation Bay
Laurie Page, of Atlantic Beach, sold 1041 Hampstead Lane to Frank and Teresa Smeeks, of Savannah, Georgia, for $540,000. Built in 2000, the house is a 4/3 and has a fireplace, swimming pool and 3,223 square feet. It sold in 2005 for $395,000.
Carol Sommerer, of Palm Coast, sold 921 Woodstream Lane to Timothy Merkiel Jr., of Ormond Beach, for $280,000. Built in 2001, the house is a 3/2 and has a swimming pool and 1,657 square feet. It sold in 2018 for $235,500.
Plantation Pines
Aleksey Pekhtin, of Ormond Beach, sold 443 Juniper Lane to Missionary Sisters of the Holy Family, a nonprofit corporation, for $540,000. Built in 2008, the house is a 5/4 and has a fireplace, swimming pool and 3,253 square feet.
Ali Aliev, of Ormond Beach, sold 3789 Juniper Lane to Christopher and Tonja Rhodes, of Ormond Beach, for $410,000. Built in 2009, the house is a 5/4.5 and has a fireplace, swimming pool and 3,316 square feet.
ORMOND-BY-THE-SEA
Victoria Nofi, of DeLand, sold 196 Coquina Key Drive to Charles and Leah Coughenour, of Huntington, West Virginia, for $480,000. Built in 2001, the house is a 2/2 and has a fireplace and 1,840 square feet.
Shannon Daley sold 45 Beechwood Drive to Cynthia LeakMoorman, of Ormond Beach, for $243,500. Built in 1957, the house is a 2/1 and has 880 square feet. It sold in 2016 for $167,000.
Monica Berns-Conner, of Bloomfield, New Jersey, sold 2780 Ocean Shore Blvd., Unit 7S, to Michelle and Corey Wise, of Parker, Colorado, for $180,000. Built in 1968, the condo is a 2/1 and has 837 square feet. It sold in 2017 for $152,500.
Pamela Hoopingarner-Boye sold 1167 Ocean Shore Blvd., Unit 130, to Matthew and Jessica Hagen, of Apopka, for $155,000. Built in 1971, the condo is a 1/1 and has 450 square feet.
John Adams, of Adams, Cameron & Co. Realtors, contributed to this report.
Florida sales are down 19% compared with the second quarter of 2019.
MARLA MARTIN
FLORIDA REALTORS COMMUNICATIONS MANAGER
Florida’s housing market reflected the impact of coronavirus pandemic and economic turmoil in the second quarter of 2020, particularly during April and May: higher median prices and more pending inventory, but fewer closed sales and fewer new listings compared to 2Q 2019, according to the latest housing data from Florida Realtors.
Closed sales of single-family homes statewide totaled 68,675 in 2Q 2020, down 19.2% from the 2Q 2019 level; closed sales of condo-townhouse properties totaled 22,571, down 33.9% compared to 2Q 2019. Closed sales typically occur 30 to 90 days after sales contracts are written.
Quarterly data figures normally offer a good look into prevailing economic and market trends, according to Florida Realtors Chief Economist Dr. Brad O’Connor. “This year, however, has been a notable exception, with the state of the housing market shifting rapidly from week to week,” he said.
O’Connor added: “For example, we were only down a little over 4% year-over-year in new pending sales of single-family homes during the second quarter, but this masks the fact that we were down 35% (new pending single-family home sales) in April, only to see a phenomenal
Photo by NeONBRAND on Unsplash
bounce-back recovery of 2.3% in May and over 23% in June.
“All indications are that Florida will continue to see home sales surge through the end of the summer, with our biggest near-term issue being a severe lack of singlefamily inventory.”
PRICE UP 4.7%
The statewide median sales price for single-family existing homes in 2Q 2020 was $277,500, up 4.7% from the same time a year ago, according to data from Florida Realtors Research department in partnership with local Realtor boards/associations. The statewide median price for condotownhouse properties during the quarter was $207,000, up 6.2% over the year-ago figure. The median is the midpoint; half the homes sold for more, half for less. “With mid-year inventory levels down over 27% compared to last year, the scarcity of homes on the market will continue to propel prices upward,” O’Connor said. “Price growth has remained so strong throughout the pandemic that at the mid-point of the year, Florida had already seen close to $50 billion worth of closed single-family home sales, less than 2% off from last year’s pace.”
37 DAYS
In 2Q 2020, the median time to a contract (the midpoint of the number of days it took for a property to receive a sales contract during that time) was 37 days for single-family homes and 50 days for condo-townhouse properties.
Inventory was at a 2.8-months’ supply in the first quarter for single-family homes and at a 5.7-months’ supply for condotownhouse properties, according to Florida Realtors.
According to Freddie Mac, the interest rate for a 30-year fixedrate mortgage averaged 3.23% for 2Q 2020, down from the 4.0% average recorded during the same quarter a year earlier.
To see the full statewide housing activity reports, go to Florida Realtors Media Center at http:// media.floridarealtors.org/ and look under Latest Releases, or download the 2Q 2020 data report PDFs under Market Data at: http://media.floridarealtors. org/market-data.
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Local Realtor appears on ‘Wheel of Fortune’
Anne Merriman flew to Los Angeles earlier this year to film an episode which aired earlier this month.
JARLEENE ALMENAS
ASSOCIATE EDITOR
Anne Merriman grew up watching “Wheel of Fortune,” and this year, she got the chance to spin the wheel on TV herself.
Merriman, a Holly Hill resident and Realtor with Adams Cameron and Co., appeared on an episode of the game show on Aug. 7, where she placed third and took home $4,500.
The show taped back in February, though she’d been waiting to be called in for about a year. It all started when the “Wheelmobile” came to Cape Coral in 2018, where Merriman had been living at the time. She recalls that there were about 10,000 people there for every day of the audition event. Merriman was called to audition on the second day, and then about a month later, received a letter calling her back for a second audition.
Another month passed, and Merriman received another letter telling her she had made the show, and would be called to Los Angeles anytime in the next 18 months.
That phone call came the day before Valentine’s Day this year, and Merriman was told she had two weeks to arrive in LA.
“Then we had to plan a family
ANNE MERRIMAN, who appeared on the Aug. 7 episode
Courtesy photo vacation in two weeks,” Merriman said. “It was great.”
She and her family took in the sights, stayed on the Queen Mary in Long Beach, and Merriman got to see the handprints of two of her favorite actors: John Wayne and Marilyn Monroe.
When it came time to tape her show, Merriman said the nerves hit the minute she hit the stage. She describes herself as very outgoing, and not shy at all. That changed when the cameras started rolling. Merriman said her daughter teases her about it, saying she was surprised her mom didn’t end up calling out a number rather than a letter during the game. Merriman said she was just hoping she didn’t throw up on national TV.
“I definitely realized that I am not meant to be on TV,” she said laughing. “I’ll stick with real estate.”
All in all, Merriman said it was a fun experience. She also got to meet Vanna White, the hostess of “Wheel of Fortune.” She came backstage to greet the contestants before the show. And though she didn’t win on TV, she still beats her family when they play “Wheel of Fortune” on the PlayStation.
Merriman never thought she’d get the chance on the show, but when the opportunity presented itself, she knew she had to try.
“Even if you think it’s impossible, go for it,” Merriman said. “You never know.”
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This week’s Sudoku answers “Charlie (Daniels) was the first legendary artist to take me under his wing ... always there ... when I needed him.” – Travis Tritt now / And I’m going to ride the glory train.” – The Oak Ridge Boys Puzzle Two Solution: “Charlie (Daniels) was the first legendary artist to take me under his wing ... always there ... when I needed him.” – Travis Tritt
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