NOT LISTED FOR SALE

109 Ocean Way N Palm Coast, FL 32137

Estimated Value: $1,312,000 - $1,429,000

5 Beds
5.5 Baths
3,090 Sq Ft
$441/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $1,450,000 $469 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $8,962/month

6 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Gated Community
  • Old Kings Elementary School Rated A-
  • In Ground Pool
  • Clubhouse

About This Home

As of May 2022

Welcome to Pearl Cottage steps away from the Atlantic Ocean! This beach side gem offers 5 bedrooms with private baths. Highly desirable open concept on the ground floor features great room with soaring 24' ceilings, spacious kitchen and dining area with views of gorgeous Cinnamon Beach Lake. The ground-level master suite has a walk-in closet with spa-like en suite. On the 2nd level awaits 4 guest bedrooms with private en suites. You will find superior fit-and-finishes throughout, including 8' solid core doors, granite counters, tile floors, 42-inch cabinets, stainless appliances, and more! Take a dip in your own private salt water pool overlooking the lake and feel the ocean mist. The Pearl Cottage has been completely redecorated and comes fully furnished. Short term rentals allowed and has a strong history-Text/Call Shelley

Last Agent to Sell the Property

Shelley DeVito

HAMMOCK REAL ESTATE GROUP License #3400208 Listed on: 03/21/2022

Last Buyer's Agent

Luke O'Reilly

HAMMOCK REAL ESTATE GROUP License #328767

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,758

Year Built

  • Built in 2017

Lot Details

  • 5,663 Sq Ft Lot
  • Lake Front
  • North Facing Home
  • Perimeter Fence
  • Interior Lot
  • Irrigation Equipment
  • Property is zoned PUD

Parking

  • 2 Car Garage

Home Design

  • Split Level Home
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,090 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0560
  • $59 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-Hour Guard, ground maintenance, trash
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision
  • Property managed by May Management

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,758

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Living Area: 3090
  • Lot Size Acres: 0.13
  • Year Built: 2017
  • Lot Size Sq Ft: 5663
  • Directions to Property: 16th St to South on Hammock Dunes Parkway. Go through the main Ocean Hammock Gate and in to Cinnamon Beach.
  • Status: Sold
  • Street Post Direction: N
  • Available for Lease YN: 1
  • Escrow Street Name: 1 Armand Beach Dr. Ste. 1A Palm Coast,FL 3213
  • List Office Head Office Key Nume: 579203043
  • RATIO Current Price By Calculate: 469.26
  • Total Acreage: 0 to less than 1/4
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 5
  • Levels: Multi/Split
  • Other Equipment: Irrigation Equipment
  • Stories: 2
  • Window Features: Blinds, Double Pane Windows
  • Street Number Modifier: 109
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 287.07
  • Room Count: 17

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground, Salt Water
  • Exterior Features: Balcony
  • Roof: Tile
  • Pool Private: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved
  • Water View YN: 1
  • Price Per Acre: 11153846

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Clubhouse, Fitness Center, Gated, Pool, Sauna, Trail(s)
  • Association Fee: 1282
  • Association Name: May Management
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name Nccb: OCEAN HAMMOCK
  • Development: Cinnamon Beach
  • Property Manager: May Management
  • Property Manager Phone: 386-446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3512-00010-0560
  • Fencing: Full Perimeter
  • Lot Features: Interior Lot
  • Homestead YN: 0
  • Lot Size Square Meters: 526

Tax Info

  • Tax Annual Amount: 9758.49
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
May 5, 2022
Sold by
Keane and Kathleen
Bought by
Falcone Andrew and Keane Kathleen
Seller's Agent
Shelley DeVito
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Luke O'Reilly
HAMMOCK REAL ESTATE GROUP
List Price
$1,699,000
Sold Price
$1,450,000
Premium/Discount to List
-$249,000
-14.66%
Total Days on Market
6
Current Estimated Value
$1,361,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$88,827
Avg. Annual Appreciation
-2.04%
Original Mortgage
$700,000
Outstanding Balance
$669,807
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$691,366

Purchase Details

Closed on
Jul 31, 2019
Sold by
Bubble House 109 Llc
Bought by
Keane Vincent and Keane Kathleen

Purchase Details

Listed on
Dec 10, 2015
Closed on
Jul 11, 2016
Sold by
Marlen Management Inc
Bought by
Bubble Hiouse 109 Llc
Seller's Agent
CHARLES SHAFFER III (DR)
PALM COAST REAL ESTATE COMPANY
Buyer's Agent
EDMUND GIANCOLA
CINNAMON BEACH REALTY
List Price
$299,000
Sold Price
$175,000
Premium/Discount to List
-$124,000
-41.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.82%

Purchase Details

Listed on
Dec 10, 2015
Closed on
Jul 6, 2016
Sold by
Ness Mark S and Ness Nancy A
Bought by
Marlen Mgmt Llc
Seller's Agent
CHARLES SHAFFER III (DR)
PALM COAST REAL ESTATE COMPANY
Buyer's Agent
EDMUND GIANCOLA
CINNAMON BEACH REALTY
List Price
$299,000
Sold Price
$175,000
Premium/Discount to List
-$124,000
-41.47%

Purchase Details

Closed on
Dec 12, 2002
Sold by
Centex Land Inv Ii L L C
Bought by
Ness Mark S and Ness Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
5.99%
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
Falcone Andrew -- Title Chain
Keane Vincent $725,000 Cost Title Ins Agcy Inc
Keane Vincent $725,000 Coast Title Ins Agency Inc
Bubble Hiouse 109 Llc -- None Available
Marlen Mgmt Llc $175,000 Covenant Closing & Title Ser
Ness Mark S $256,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falcone Andrew $700,000
Previous Owner Keane Vincent $500,000
Previous Owner Bubbe Hpuse 109 Llc $521,500
Previous Owner Ness Mark S $231,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Off Market $1,450,000 -- --
05/16/2022 05/16/22 Sold $1,450,000 -14.7% $469 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $1,699,000 +870.9% $550 / Sq Ft
07/07/2016 07/07/16 Sold $175,000 -41.5% --
06/27/2016 06/27/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $299,000 -- --
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 $16,209 $1,175,482 $342,000 $833,482
2023 $16,209 $1,098,074 $330,000 $768,074
2022 $10,881 $780,444 $260,000 $520,444
2021 $9,758 $636,769 $215,000 $421,769
2020 $9,410 $604,109 $226,000 $378,109
2019 $9,413 $595,596 $180,000 $415,596
2018 $9,222 $569,396 $175,000 $394,396
2017 $2,824 $175,000 $175,000 $0
2016 $2,148 $95,832 $0 $0
2015 $1,926 $87,120 $0 $0
2014 $1,901 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelley DeVito

    Seller's Agent in 2022

    Shelley DeVito

    HAMMOCK REAL ESTATE GROUP

    (904) 826-9462

    116 Total Sales

    Shelley DeVito
    Section Image
  • Luke O'Reilly

    Buyer's Agent in 2022

    Luke O'Reilly

    HAMMOCK REAL ESTATE GROUP

    (386) 246-9934

    284 Total Sales

    Luke O'Reilly
    Section Image

  • C

    Seller's Agent in 2016

    CHARLES SHAFFER III (DR)

    PALM COAST REAL ESTATE COMPANY

    (386) 931-4376

    48 Total Sales

    CHARLES SHAFFER III (DR)
    Section Image
  • EDMUND GIANCOLA

    Buyer's Agent in 2016

    EDMUND GIANCOLA

    CINNAMON BEACH REALTY

    (386) 627-3202

    17 Total Sales

    EDMUND GIANCOLA
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: FC275463

Stellar MLS

APN: 04-11-31-3512-00010-0560

Florida Flagler County Palm Coast 32137

109 Ocean Way N, Palm Coast, FL

This home is located at 109 Ocean Way N, Palm Coast, FL 32137 since 21 March 2022 and is currently estimated at $1,361,173, approximately $440 per square foot. This property was built in 2017. 109 Ocean Way N is a home located in Flagler County with nearby schools including Old Kings Elementary School, Indian Trails Middle School, and Matanzas High School.

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.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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