NOT LISTED FOR SALE

115 Ocean Way N Palm Coast, FL 32137

Estimated Value: $1,292,360 - $1,476,000

5 Beds
4.5 Baths
3,427 Sq Ft
$402/Sq Ft Est. Value

Last Sold January 16, 2018

Last sale price $740,000 $216 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $8,907/month

233 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Gated Community
  • Old Kings Elementary School Rated A-
  • Newly Remodeled
  • Clubhouse

About This Home

As of January 2018

Stunning new home in Cinnamon Beach! Lots of luxurious space living space in this breathtaking 3-story home, situated on a desirable corner lot just steps from the beach! Ground level features a large game room, full bath, wet bar, and covered porches in the front and rear! The 2nd floor is the primary guest level, with 4 guest bedrooms featuring jack-n-jill baths for both pairs of suites! Wrap-around balcony is the perfect place to kick your feet up and enjoy the ocean breeze! The top floor is where you'll find the pristine kitchen w/island overlooking a wide-open dining area and great room, which flows out to the open-air ocean view balcony! On the west side of the top floor is the plush master suite, allowing the primary owner to enjoy easy access to the main level. Granite counters, stainless appliances, 42” cabinets, tumbled stone kitchen backsplash! “Like-wood” tile floors, 8' solid core doors, crown molding, impact windows! Interior elevator! Amazing ocean views, rental ready!

Last Agent to Sell the Property

Luke O'Reilly

CINNAMON BEACH REALTY License #3171453 Listed on: 04/27/2017

Last Buyer's Agent

Victoria Ferguson

HAMMOCK REAL ESTATE GROUP License #3279810

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,583

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 6,447 Sq Ft Lot
  • Property fronts gulf or ocean
  • Northeast Facing Home
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,427 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Water Views
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 04-11-31-3512-00010-0580
  • $51 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-hour guard, ground maintenance
  • Ohpoa Association, Phone Number (386) 446-0085
  • Built by Bruns Builder Servic
  • Ocean Hammock Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,583

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Grounds
  • Property Type: Residential
  • Property Condition: New Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Frame, Stucco
  • Living Area: 3427
  • Lot Size Acres: 0.15
  • Year Built: 2015
  • Lot Size Sq Ft: 6447
  • Directions to Property: East over Hammock Dunes Bridge to Ocean Hammock gate
  • Status: Sold
  • Street Post Direction: N
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: Yes
  • Property Manager: May Management
  • Property Manager Phone: 386-446-0085
  • Ratio: Close Price\List Price: 0.98798
  • Price per Sq Ft: 215.93
  • Close to Original List Price Ratio: 0.94994
  • View: No
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Total Bedrooms: 5
  • Stories: 3
  • Street Number Modifier: 115
  • Room Count: 10
  • ResoLivingAreaSource: Other

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • Patio and Porch Features: Covered, Deck, Front Porch, Open Patio, 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: 1167
  • Association Name: OHPOA
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: R-1
  • Parcel Number: 04-11-31-3512-00010-0580
  • Lot Features: Corner Lot
  • Price Per Acre: 4933333
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Bruns Builder Servic

Tax Info

  • Tax Annual Amount: 2582.99
  • Tax Other Annual Assessment Amount: 51

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jan 16, 2018
Sold by
Atlantic Coastal Properties Llc
Bought by
Krishner Robert A and Krishner Lori S
Seller's Agent
Luke O'Reilly
CINNAMON BEACH REALTY
Buyer's Agent
Victoria Ferguson
HAMMOCK REAL ESTATE GROUP
List Price
$779,000
Sold Price
$740,000
Premium/Discount to List
-$39,000
-5.01%
Total Days on Market
233
Current Estimated Value
$1,376,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,840
Avg. Annual Appreciation
8.90%
Original Mortgage
$390,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2015
Closed on
Jun 9, 2015
Sold by
Willis Scott David and Willis Kelly K
Bought by
Atlantic Coastal Properties Llc
Seller's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
List Price
$289,000
Sold Price
$257,500
Premium/Discount to List
-$31,500
-10.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.85%

Purchase Details

Closed on
Aug 12, 2002
Sold by
Centex Land Inv Ii L L C
Bought by
Willis Scott David and Willis Kelly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.49%
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
Krishner Robert A $740,000 Title Chain Inc
Atlantic Coastal Properties Llc $257,500 Title Chain Inc
Willis Scott David $269,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirshner Robert A $375,000
Closed Krishner Robert A $390,000
Previous Owner Gamble Gary $500,000
Previous Owner Willis Scott David $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2018 01/16/18 Sold $740,000 -5.0% $216 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $779,000 +202.5% $227 / Sq Ft
06/09/2015 06/09/15 Sold $257,500 -10.9% $80 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $289,000 -- $90 / 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 $14,139 $1,208,388 $175,000 $1,033,388
2023 $14,139 $842,650 $0 $0
2022 $11,670 $817,737 $175,000 $642,737
2021 $10,648 $697,033 $164,500 $532,533
2020 $9,847 $633,095 $157,000 $476,095
2019 $10,689 $678,948 $157,000 $521,948
2018 $10,220 $633,062 $160,000 $473,062
2017 $9,899 $607,241 $160,000 $447,241
2016 $2,854 $160,000 $0 $0
2015 $1,616 $76,835 $0 $0
2014 $1,592 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC229241

Stellar MLS

APN: 04-11-31-3512-00010-0580