NOT LISTED FOR SALE

111 Ocean Way N Palm Coast, FL 32137

Estimated Value: $1,966,000 - $2,249,000

5 Beds
5.5 Baths
4,374 Sq Ft
$480/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $2,150,000 $492 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $13,682/month

10 Days on Market

Highlights

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

About This Home

As of May 2022

Welcome to The Pearl steps from the Atlantic Ocean. This spectacular open concept features 5 bedrooms w en suites and breathtaking water views from every level. On the 1st floor you will find a family room beautifully appointed with its own separate kitchen area overlooking the heated salt water pool customized with therapeutics jets for ultimate relaxation. Enjoy the outside entertainment area with a custom built in summer kitchen, including a large barbeque area, sink and separate refrigerator. Take the Elevator to the 2nd floor and step into your dream gourmet kitchen featuring a commercial gas stove, state of the art appliances ,wine and beverage fridge and enough counter space to please any chef! The kitchen opens into the expansive great room and dining area overlooking the lake. Continue to the 3rd floor where you will find the luxurious master suite and private balcony where you can enjoy your morning coffee listening to the ocean waves. The Pearl comes fully furnished -

Last Agent to Sell the Property

Shelley DeVito

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

Last Buyer's Agent

LAURENT ALVES

HAMMOCK REAL ESTATE GROUP License #3102187

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,893

Year Built

  • Built in 2018

Lot Details

  • 5,881 Sq Ft Lot
  • Lake Front
  • North Facing Home
  • Fenced
  • Interior Lot
  • Irrigation Equipment
  • Property is zoned PUD

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 4,374 Sq Ft Home
  • 3-Story Property
  • Elevator
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Tile Flooring
  • High Impact Windows

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Enhanced Accessible Features

Pool

  • Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch
  • Outdoor Kitchen

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0570
  • $59 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-Hour Guard, ground maintenance, trash
  • Ohpoa Association, Phone Number (386) 446-0085
  • Built by Blue Water Homes
  • Ocean Hammock Subdivision
  • Property managed by May Management
  • The community has rules related to deed restrictions
  • Handicap Modified Features In Community

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,893

Year Built

Built in 2018

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: 4374
  • Lot Size Acres: 0.14
  • Year Built: 2018
  • Accessibility Features: Enhanced Accessible
  • Lot Size Sq Ft: 5881
  • Directions to Property: From Palm Coast head east over toll bridge and continue straight to Hotel Trace Rd. Stop at gate to get access
  • Status: Sold
  • Street Post Direction: N
  • Available for Lease YN: 1
  • Escrow Street Name: 1 Armand Beach Dr # 1A, Palm Coast, FL 32137
  • List Office Head Office Key Nume: 579203043
  • RATIO Current Price By Calculate: 491.54
  • 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), Elevator, High Ceilings, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Total Bedrooms: 5
  • Levels: Multi/Split
  • Other Equipment: Irrigation Equipment
  • Stories: 3
  • Window Features: Blinds, Double Pane Windows, Impact Glass/Storm Windows
  • Street Number Modifier: 111
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 406.36
  • Room Count: 16

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground, Salt Water
  • Exterior Features: Balcony, Outdoor Kitchen
  • Roof: Tile
  • Pool Private: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Rear Porch
  • Road Surface Type: Paved
  • Water View YN: 1
  • Price Per Acre: 15357143

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: Deed Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Gated, Handicap Modified, Pool, Sauna
  • Association Fee: 450
  • Association Name: OHPOA
  • 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: 04-11-31-3512-00010-0570
  • Fencing: Fenced
  • Lot Features: Interior Lot
  • Homestead YN: 0
  • Lot Size Square Meters: 546

Building Info

  • Builder Name: Blue Water Homes

Tax Info

  • Tax Annual Amount: 13892.8
  • 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 6, 2022
Sold by
Keane Vincent J
Bought by
Zwirn Jennifer Lee and Zwirn Wesley Craig
Seller's Agent
Shelley DeVito
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
LAURENT ALVES
HAMMOCK REAL ESTATE GROUP
List Price
$2,299,000
Sold Price
$2,150,000
Premium/Discount to List
-$149,000
-6.48%
Total Days on Market
10
Current Estimated Value
$2,097,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,130
Avg. Annual Appreciation
-0.20%
Original Mortgage
$1,130,000
Outstanding Balance
$1,082,759
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$1,054,287

Purchase Details

Closed on
Sep 24, 2009
Sold by
Suntrust Bank
Bought by
Keane Vincent J

Purchase Details

Closed on
May 26, 2009
Sold by
Tran Michael H
Bought by
Suntrust Bank

Purchase Details

Closed on
Sep 13, 2006
Sold by
Kolka James and Kolka Linda
Bought by
Tran Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 2003
Sold by
Centex Land Inv Ii L L C
Bought by
Kolka James and Kolka Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,819
Interest Rate
5.89%
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
Zwirn Jennifer Lee -- Title Chain
Keane Vincent J $125,000 National Title & Trust Inc
Suntrust Bank -- None Available
Tran Michael H $410,000 Transcontinental Title Co
Kolka James $247,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zwirn Jennifer Lee $1,130,000
Previous Owner Keane Vincent J $548,100
Previous Owner Tran Michael H $369,000
Previous Owner Kolka James $245,819
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Off Market $2,150,000 -- --
05/06/2022 05/06/22 Sold $2,150,000 -6.5% $492 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $2,299,000 -- $526 / 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 $23,416 $1,710,706 $359,100 $1,351,606
2023 $23,416 $1,603,127 $346,500 $1,256,627
2022 $15,523 $1,127,763 $273,000 $854,763
2021 $13,893 $915,025 $225,750 $689,275
2020 $13,287 $861,079 $237,300 $623,779
2019 $13,137 $871,651 $189,000 $682,651
2018 $2,603 $183,750 $183,750 $0
2017 $2,293 $183,750 $183,750 $0
2016 $2,253 $100,624 $0 $0
2015 $2,020 $91,476 $0 $0
2014 $1,993 $157,500 $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
  • LAURENT ALVES

    Buyer's Agent in 2022

    LAURENT ALVES

    HAMMOCK REAL ESTATE GROUP

    (386) 931-5085

    69 Total Sales

    LAURENT ALVES
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: FC275466

Stellar MLS

APN: 04-11-31-3512-00010-0570

Florida Flagler County Palm Coast 32137

111 Ocean Way N, Palm Coast, FL

This home is located at 111 Ocean Way N, Palm Coast, FL 32137 since 21 March 2022 and is currently estimated at $2,097,870, approximately $479 per square foot. This property was built in 2018. 111 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.

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

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