NOT LISTED FOR SALE

Ocean Hammock 1000 Cinnamon Beach Way Unit 943 Palm Coast, FL 32137

Estimated Value: $466,000 - $543,000

3 Beds
2 Baths
1,344 Sq Ft
$770/mo HOA Fee

Last Sold July 14, 2017

Last sale price $240,000 $179 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,919/month

8 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Gated Community
  • Old Kings Elementary School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of July 2017

Drastic price reduction! Owner wants action. Completely furnished. New air conditioning system in September 2016 with warranty. Compare and take a look. Absolutely gorgeous, lakefront 3 bedroom/2 bathroom condo unit in beautiful Ocean Hammocks with Ocean view from second bedroom. Just steps to the beach or the two beach-side pools from your condo. Work out in the fitness center or just relax on your balcony and watch the beautiful sunsets. Cinnamon Beach community amenities include oceanfront pool/hot tub complex, lakeside clubhouse and pool, kids' water park, grille/bar, fitness center and lounge area! Other amenities too numerous to list. Hammock Beach Club & Golf Memberships are available. Doesn't get better than this!

Last Agent to Sell the Property

Ron Hamaty

REALTY ATLANTIC, LLC License #3137341 Listed on: 06/05/2017

Last Buyer's Agent

Molly Carey

RE/MAX SELECT PROFESSIONALS License #3185845

RE/MAX SELECT PROFESSIONALS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,519

Year Built

  • Built in 2004

Lot Details

  • East Facing Home
  • Irrigation Equipment

HOA Fees

Home Design

  • Planned Development
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,344 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Storage Room
  • Carpet

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Parking

  • Driveway
  • On-Street Parking
  • Parking Garage Space

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0943
  • $76 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, insurance, maintenance structure, ground maintenance, trash
  • Cinnamon Beach Association
  • Ohpoa Association, Phone Number (386) 447-1807
  • Ocean Hammock Condos
  • Ocean Hammock Subdivision
  • Handicap Modified Features In Community

Amenities

  • Elevator

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,519

Year Built

Built in 2004

Lot Details

0

HOA Fees

$770 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Insurance, Maintenance Structure, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Living Area: 1344
  • Year Built: 2004
  • Directions to Property: Hammock Dunes Parkway to Hotel Trace to gate. Give your name to the guard. Send me an offer!!!
  • Status: Sold
  • Floor Number: 4
  • Homestead Y N: No
  • Property Manager: May Management
  • Property Manager Phone: 904-940-9591
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.96
  • Price per Sq Ft: 178.57
  • Close to Original List Price Ratio: 0.96
  • View: Yes
  • Tax Year: 2014
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Other Equipment: Irrigation Equipment
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 1000
  • Room Count: 11
  • Additional Rooms: Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Lighting
  • Roof: Other
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Parking Features: Driveway, On Street, Under Building
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Closet
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Golf Course, Handicap Modified, Pool
  • Association Fee: 440
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Gate, Security System
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK
  • Association #2 Fee: 330
  • Association: OHPOA
  • Association Phone #2: 386-447-1807

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0943
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pet Restrictions: Allowed 25 - 50 lbs

Tax Info

  • Tax Annual Amount: 2519.23
  • Tax Other Annual Assessment Amount: 76

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2021
Sold by
Wayne Arlin and Owen Beverly
Bought by
1000 Cinnamon Llc
Current Estimated Value
$502,173

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jul 13, 2017
Sold by
Mcdermott Christopher J and Mcdermott Maria C
Bought by
Owen Arlin Wayne and Owen Beverly
Seller's Agent
Ron Hamaty
REALTY ATLANTIC, LLC
Buyer's Agent
Molly Carey
RE/MAX SELECT PROFESSIONALS
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$192,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2010
Sold by
Mcdermott Kathleen and Mcdermott James
Bought by
Mcdermott Douglas J
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
1000 Cinnamon Llc -- None Available
Owen Arlin Wayne $240,000 Suncoast Title Ins Agency
Mcdermott Douglas J $50,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owen Arlin Wayne $192,000
Previous Owner Mcdermott James $415,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $240,000 -4.0% $179 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
06/04/2017 06/04/17 For Sale $250,000 -- $186 / 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
2024 $4,502 $414,831 -- $414,831
2023 $4,502 $242,486 $0 $0
2022 $3,911 $345,693 $0 $345,693
2021 $3,037 $200,402 $0 $200,402
2020 $2,855 $185,300 $0 $185,300
2019 $2,896 $185,300 $0 $185,300
2018 $2,832 $176,900 $0 $176,900
2017 $2,568 $158,800 $0 $0
2016 $2,614 $158,800 $0 $0
2015 $2,519 $151,500 $0 $0
2014 $2,509 $151,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC230199

Stellar MLS

APN: 04-11-31-3513-00000-0943