$257,500
SOLD JUN 9, 2015

115 Ocean Way N Palm Coast, FL 32137

0.14 Acre
$1,839,286 Price per Acre
6,436 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

11% Below List Price

50 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Corner Lot
  • Heating Available
  • Old Kings Elementary School Rated A-

About This Lot

As of January 2018

Ocean View Corner location home site in the Key West designed Cinnamon Beach Community. A 'Beachy' feel in this wonderful neighborhood. 2nd row ocean property location. You will have great ocean views and be steps to the many amenities at this ocean community with an ocean pool, kid-friendly lake pool with kids splash zone, restaurant open in season, two game areas, and a nice gym for workouts. Plenty to do close by, and St. Augustine is 25 minutes for more shopping and dining choices. No time frame to build, but when you do, you can build up to 55 feet (3-4 story home). Take the drive to tour the community and see this home site.; Paid Sewer:0;

Last Agent to Sell the Property

Dave Franklin

COASTAL GATEWAY REAL ESTATE GR License #3018235 Listed on: 04/13/2015

Co-Listed By

Carlene Reardon

COASTAL GATEWAY REAL ESTATE GR License #3109455

Last Buyer's Agent

Dave Franklin

COASTAL GATEWAY REAL ESTATE GR License #3018235 Listed on: 04/13/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,990

Lot Details

  • 6,436 Sq Ft Lot
  • Property fronts gulf or ocean
  • East Facing Home
  • Corner Lot
  • Property is zoned PUD PUD

Additional Features

  • Water Views
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Ohpoa Association
  • Ocean Hammock Condos
  • Ocean Hammock Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0580

Property Details

Property Type

Land

Est. Annual Taxes

$1,990

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Sq Ft: 6436
  • Directions to Property: Hammock Dunes Parkway to Ocean Hammock/Cinnamon Beach Gate - go to Cinnamon Beach community drive to ocean and at stop sign just before ocean, lot is on the right corner.
  • Status: Sold
  • Street Post Direction: N
  • Ratio: Close Price\List Price: 0.891
  • Price per Sq Ft: 40.01
  • Close to Original List Price Ratio: 0.891
  • View: No
  • Co List Office Mls Id: 256500522
  • Co List Office Phone: 386-246-5700
  • Tax Year: 2014
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 115

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: Other
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 270
  • Association Name: OHPOA
  • Phone: .
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK
  • Montly Maint Amt Addition To H O A: 130

Lot Info

  • Zoning: PUD PUD
  • Parcel Number: 04-11-31-3512-00010-0580
  • Current Use: Other
  • Lot Features: Corner Lot, Other
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1990

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%
Current Estimated Value
$1,398,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,521
Avg. Annual Appreciation
8.50%
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

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 Type Sale Price Title Company
Warranty Deed $740,000 Title Chain Inc
Warranty Deed $257,500 Title Chain Inc
Deed $269,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Closed $390,000 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $70,000 No Value Available
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: FC212142

Stellar MLS

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