NOT LISTED FOR SALE

17 Cinnamon Beach Way Palm Coast, FL 32137

Estimated Value: $227,935 - $739,000

0.25 Acre
$1,933,872 Price per Acre
10,890 Sq Ft Lot

Last Sold August 01, 2016

Last sale price $120,000 $21 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $2,880/month

595 Days on Market

Highlights

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

About This Lot

As of August 2016

Beach front community with frontage on the 7th hole of the Ocean Hammock Jack Nichalaus designed ocean course. Lake, golf and possible ocean views with the build on this home site. The easy Florida lifestyle is all yours in the Cinnamon Beach community. Lawn, Landscaping, 2 pools/including the oceanfront lapool, fitness center, clubhouse all inclusive in your fees. Great second home possibility as well with the ability to rent your ocean paradise when you are not the king of your castle!; Paid Sewer:0;

Last Agent to Sell the Property

PETER McKINLEY

REALTY EXECUTIVES OCEANSIDE License #3142834 Listed on: 10/03/2014

REALTY EXECUTIVES OCEANSIDE

Last Buyer's Agent

Dave Franklin

COASTAL GATEWAY REAL ESTATE GR License #3018235

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $908

Lot Details

  • 0.25 Acre Lot
  • Property fronts gulf or ocean
  • Southeast Facing Home
  • Interior Lot
  • Property is zoned PUD SINGLE FAMILY

Property Views

  • Water
  • Golf Course

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0060

Community Details

Overview

  • Property has a Home Owners Association
  • Ocean Hammock Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision
  • Handicap Modified Features In Community

Amenities

  • Clubhouse

Recreation

  • Fitness Center

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$908

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Sq Ft: 5613
  • Directions to Property: Hammock Dunes Parkway to Ocean Hammock Guard Gate.
  • Status: Sold
  • Co List Office Mls Id: MFR1111
  • Co List Office Phone: 386-446-9001
  • RATIO Current Price By Calculate: 21.38
  • Total Acreage: 0 to less than 1/4
  • Tax Year: 2013
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 17
  • Room Count: 0

Exterior Features

  • Direction Faces: Southeast
  • View: Golf Course, Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View YN: 1
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Fitness Center, Gated, Handicap Modified, Security
  • Association Fee: 1245
  • Association Name: Ocean Hammock
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name Nccb: OCEAN HAMMOCK
  • Montly Maint Amt Addition To HOA: 0
  • Development: Cinnamon Beach

Lot Info

  • Zoning: PUD SINGLE FAMILY
  • Parcel Number: 04-11-31-3512-00010-0060
  • Current Use: Other
  • Lot Features: Interior Lot, Other
  • Lot Size Square Meters: 521

Tax Info

  • Tax Annual Amount: 908

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2018
Sold by
Nikzad Mehrdad
Bought by
Nikzad Mehrdad and Nikzad Family Trust
Total Days on Market
595
Current Estimated Value
$483,468

Purchase Details

Listed on
Oct 3, 2014
Closed on
Aug 1, 2016
Sold by
Voss Mark A and Voss Brenda S
Bought by
Nikzad Mehrad
Seller's Agent
PETER McKINLEY
REALTY EXECUTIVES OCEANSIDE
Buyer's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
List Price
$145,000
Sold Price
$120,000
Premium/Discount to List
-$25,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.07%

Purchase Details

Closed on
May 24, 2014
Sold by
Franklin Robert J and Franklin Lisa M
Bought by
Voss Mark A and Voss Brenda S

Purchase Details

Closed on
Jul 8, 2011
Sold by
Earl Carol S
Bought by
Franklin Robert J and Franklin Lisa M

Purchase Details

Closed on
Oct 6, 2005
Sold by
Nshe Gibsonia Llc
Bought by
Earl Carol S

Purchase Details

Closed on
Aug 26, 2003
Sold by
Centex Land Inv Ii L L C
Bought by
Grover Lee E and Grover Diane M
Source: Public Records

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Range of Values:

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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
Nikzad Mehrdad -- Attorney
Nikzad Mehrad $120,000 Title Chain Inc
Voss Mark A $95,000 Covenant Closing & Title Ser
Franklin Robert J $60,000 None Available
Earl Carol S -- --
Grover Lee E $259,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franklin Robert Jeffrey $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2022 10/23/22 Off Market $120,000 -- --
08/01/2016 08/01/16 Sold $120,000 -17.2% $21 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
10/03/2014 10/03/14 For Sale $145,000 -- $26 / 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 $1,993 $170,000 $170,000 --
2023 $1,993 $94,501 $0 $0
2022 $1,593 $143,000 $143,000 $0
2021 $1,287 $89,500 $89,500 $0
2020 $1,130 $71,000 $71,000 $0
2019 $1,284 $80,000 $80,000 $0
2018 $1,313 $80,000 $80,000 $0
2017 $1,323 $80,000 $80,000 $0
2016 $1,741 $104,500 $0 $0
2015 $1,599 $95,000 $0 $0
2014 $1,010 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC207655

Stellar MLS

APN: 04-11-31-3512-00010-0060