NOT LISTED FOR SALE

110 Ocean Way N Palm Coast, FL 32137

Estimated Value: $934,023 - $1,146,000

3 Beds
3.5 Baths
2,779 Sq Ft
$388/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $498,000 $179 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $6,946/month

661 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Gated Community
  • Old Kings Elementary School Rated A-
  • Newly Remodeled
  • Clubhouse

About This Home

As of April 2015

Price reduction!!! Enjoy the essence of coastal living at this quintessential beach cottage in beautiful Cinnamon Beach at Ocean Hammock. Walk out your front door to the beach in seconds! This sensational oceanside home is in brand-new condition and features top-quality construction. Tasteful fit and finish throughout including beautiful like-wood tile in living areas. Functional design with island kitchen and three terrific bedrooms suites, each with its own private bathroom. Welcoming second floor loft area exits to fantastic open-air outdoor balconies on either side. Relax in your favorite chair and hear the waves crash in! Outstanding summer kitchen for grilling on those beautiful nights. Outdoor shower for rinsing off after a day on the beach. Plenty of room for a pool. Short walk to community amenities including oceanfront pool, fitness center and grille. The house of your dreams, complete with white-picket fence!

Last Listed By

Luke O'Reilly

CINNAMON BEACH REALTY License #3171453 Listed on: 05/18/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,136

Year Built

  • Built in 2010 | Newly Remodeled

Lot Details

  • 0.25 Acre Lot
  • Lake Front
  • Property fronts gulf or ocean
  • South Facing Home
  • Irregular Lot
  • Irrigation Equipment

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2,779 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Water Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Front Porch

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 04-11-31-3512-00010-1110

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-hour guard, ground maintenance, trash
  • Cinnamon Beach Association, Phone Number (904) 940-9591
  • Built by CBV Resort Homes
  • Ocean Hammock Subdivision

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,136

Year Built

Built in 2010 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Condition: New Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Living Area: 2779
  • Year Built: 2010
  • Lot Size Sq Ft: 7867
  • Directions to Property: Palm Coast Parkway East over Hammock Dunes Bridge. Straight one mile to Ocean Hammock entrance on the right.
  • Status: Sold
  • Street Post Direction: N
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Property Manager: May Management
  • Property Manager Phone: 904-940-9591
  • Ratio: Close Price\List Price: 0.95954
  • Price per Sq Ft: 179.2
  • Close to Original List Price Ratio: 0.9071
  • View: Yes
  • Tax Year: 2014
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Other Equipment: Irrigation Equipment
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 110
  • Room Count: 13

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Lighting, Outdoor Kitchen
  • Roof: Tile
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch, Open Patio, Rear Porch
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Clubhouse, Fitness Center, Gated, Pool
  • Association Fee: 1230
  • Association Name: cinnamon beach
  • Phone: 904-940-9591
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: R-1
  • Parcel Number: 04-11-31-3512-00010-1110
  • Lot Features: Irregular Lot
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: CBV Resort Homes

Tax Info

  • Tax Annual Amount: 4136

Multi Family

  • Waterfront Features: Gulf/Ocean, Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2013
Closed on
Apr 30, 2015
Sold by
Mills Pegey S
Bought by
Krohn Mitchell W and The Mitchell W Krohn Inter Vivos Trust
Seller's Agent
Luke O'Reilly
CINNAMON BEACH REALTY
Buyer's Agent
Luke O'Reilly
HAMMOCK REAL ESTATE GROUP
List Price
$549,000
Sold Price
$498,000
Premium/Discount to List
-$51,000
-9.29%
Total Days on Market
661
Current Estimated Value
$1,078,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,256
Avg. Annual Appreciation
7.68%

Purchase Details

Closed on
Jul 8, 2009
Sold by
Graham William J and Graham Nancy H
Bought by
Mills Pegey S
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
Krohn Mitchell W $498,000 None Available
Mills Pegey S $135,000 Dunes Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mills Pegey S $25,000
Previous Owner Mills Pegey S $15,000
Previous Owner Mills Pegey S $303,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $498,000 -9.3% $179 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
05/18/2013 05/18/13 For Sale $549,000 -- $198 / 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 $10,725 $884,387 $175,000 $709,387
2023 $10,725 $641,050 $0 $0
2022 $8,938 $618,252 $175,000 $443,252
2021 $8,188 $532,951 $164,500 $368,451
2020 $7,563 $481,629 $157,000 $324,629
2019 $8,155 $513,355 $157,000 $356,355
2018 $7,763 $476,269 $160,000 $316,269
2017 $7,554 $458,732 $160,000 $298,732
2016 $7,235 $431,391 $0 $0
2015 $4,265 $284,004 $0 $0
2014 $4,309 $281,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC196284

Stellar MLS

APN: 04-11-31-3512-00010-1110