2 King Phillips WAY, Ormond Beach, FL, 32174 | $489,900

One or more photo(s) has been virtually staged. Welcome to this two-story, four-bedroom home located in the prestigious Ormond Lakes neighborhood. With TWO BRAND NEW A/C UNITS, NEW HOT WATER HEATER, ALL NEW CARPET UPSTAIRS, NEW MICROWAVE all in August of 2024, a new roof installed in 2023, new porcelain tile flooring throughout the 1st floor just five years ago, and a couple new ceiling fans, this home offers modern comfort and style. As you step inside, you'll be greeted by a spacious living room and dining room combination, complete with a cozy wood-burning fireplace—perfect for family gatherings and entertaining. The kitchen features elegant granite countertops, a convenient pull-out trash dispenser, and an appliance garage, making it a chef’s dream. Enjoy your morning coffee in the charming breakfast nook, which opens up through French doors to the serene backyard.
Upstairs, all four bedrooms provide ample space and privacy. The large master suite is a true retreat with a master bath that includes a garden tub, a separate shower, and dual vanities. This home also features a great room with plant shelves, adding a touch of sophistication and offering extra space for relaxation and entertainment. Situated on a large corner lot of almost half an acre, this property enjoys a prime location surrounded by other beautiful homes, enhancing its appeal and value. Don’t miss the opportunity to make this exceptional home yours.

Features

  • Rooms: 5
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Inside
  • Year Built: 2003
  • Garage: 2-car Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,535
  • Acreage: 0.49
  • Est. Taxes: $3,178
  • HOA Fee: $241 Quarterly
  • Lot Desc: Corner Lot
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • MLS#: FC300958
  • Days on Market: 119 days
  • Website: https://www.raveis.com
    /prop/FC300958/2kingphillipsway_ormondbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 3/22/2025 3:28:33 AM)
Listing courtesy of TRADEMARK REALTY GROUP LLC   Phone: 386-447-6889

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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2 King Phillips WAY, Ormond Beach, FL, 32174

$489,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $391,920 $391,920 $391,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.887% 6.790% 6.014%
Monthly Tax Payment $265 $265 $265
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,381 $2,510 $3,255
Total Monthly Payment $2,721 $2,850 $3,595

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.