NOT LISTED FOR SALE

1200 Cinnamon Beach Way Unit 1123 Palm Coast, FL 32137

Estimated Value: $442,037 - $512,000

3 Beds
2 Baths
1,344 Sq Ft
$670/mo HOA Fee

Last Sold April 01, 2021

Last sale price $340,000 $253 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,727/month

30 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Solid Surface Countertops

About This Home

As of April 2021

Terrific south-facing condo in the seaside community of Cinnamon Beach at Ocean Hammock! Enjoy beautiful sunrises and magnificent sunsets over the lake from the big open-air balcony of this comfortable 3 bedroom/2 bathroom condo! New main living area wood look flooring installed 12/20! Cinnamon Beach at Ocean Hammock amenities include a sensational oceanfront pool, lakeside pool with clubhouse and lounge, kids' game room, water park, hot tub, bar/grille, fitness center and more! Even better, all these amenities are less than a 5 minute walk from this condo!

Last Agent to Sell the Property

Jason Massey

HAMMOCK REAL ESTATE GROUP License #3294658 Listed on: 12/22/2020

Last Buyer's Agent

CHARLES DICKINSON III

License #3171890

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,659

Year Built

  • Built in 2003

Lot Details

  • Lake Front

HOA Fees

Parking

  • Parking Garage Space

Home Design

  • Planned Development
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,344 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Storage Room
  • Water Views
  • Security Gate

Kitchen

  • Microwave
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-112
  • $60 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, maintenance structure, ground maintenance, pest control
  • Cinnamon Beach Association
  • May Management Association

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,659

Year Built

Built in 2003

Lot Details

0

HOA Fees

$670 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Structure, Maintenance Grounds, Pest Control
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Living Area: 1344
  • Year Built: 2003
  • Directions to Property: East over Hammock Dunes Bridge to Ocean Hammock main gate.
  • Status: Sold
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Property Manager: May Management
  • Property Manager Phone: 386-446-0085
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 252.98
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Solid Surface Counters
  • Appliances Included: Disposal, Dryer, Microwave, Refrigerator, Washer
  • Total Bedrooms: 3
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 1200
  • Additional Rooms: Storage Rooms

Exterior Features

  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • View: Water
  • Patio and Porch Features: Covered, Open Patio, Patio, Rear Porch
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Under Building
  • Open Parking: No

Utilities

  • Utilities: Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Pool
  • Association Fee: 517
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Gate
  • Senior Community: No
  • Management: Professional On Site
  • Association #2 Fee: 460
  • Association #2 Fee Frequency: Quarterly
  • Association: May Management
  • Association Phone #2: Property is

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-112

Rental Info

  • Minimum Lease: No Minimum

Tax Info

  • Tax Annual Amount: 2659.42
  • Tax Other Annual Assessment Amount: 60

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2020
Closed on
Apr 1, 2021
Sold by
Suh Byung H and Suh Jinhwa L
Bought by
Borkowski Ronald and Borkowski Laurie Anne
Seller's Agent
Jason Massey
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
CHARLES DICKINSON III
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$489,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,259
Avg. Annual Appreciation
8.42%
Original Mortgage
$272,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 22, 2020
Closed on
Mar 31, 2021
Sold by
Suh Byung H and Suh Jinhwa L
Bought by
Borkowski Ronald and Borkowski Laurie Anne
Seller's Agent
Jason Massey
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
CHARLES DICKINSON III
List Price
$340,000
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2004
Sold by
Centex Homes
Bought by
Suh Byung H and Suh Jinhwa L
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 Buyer Sale Price Title Company
Borkowski Ronald $340,000 Title Chain Inc
Borkowski Ronald $340,000 Title Chain
Suh Byung H $322,900 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borkowski Ronald $272,000
Previous Owner Borkowski Ronald $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $340,000 0.0% $253 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
12/22/2020 12/22/20 For Sale $340,000 -- $253 / 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 $5,554 $402,297 -- $402,297
2023 $5,554 $368,772 $0 $0
2022 $4,872 $335,247 $0 $335,247
2021 $2,947 $194,346 $0 $194,346
2020 $2,770 $179,700 $0 $179,700
2019 $2,810 $179,700 $0 $179,700
2018 $2,719 $171,300 $0 $171,300
2017 $2,479 $153,200 $0 $0
2016 $2,524 $153,200 $0 $0
2015 $2,428 $145,900 $0 $0
2014 $2,417 $145,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC263515

Stellar MLS

APN: 04-11-31-3513-00000-1123