NOT LISTED FOR SALE

18 River Oaks Way Palm Coast, FL 32137

Estimated Value: $913,000

0.31 Acre
$2,945,161 Price per Acre
13,504 Sq Ft Lot

Last Sold November 07, 2023

Last sale price $150,000

Est. 509% increase in value since last sale

Current estimated payment $5,260/month

52 Days on Market

Highlights

  • Boat Ramp
  • Water Access
  • Gated Community
  • Old Kings Elementary School Rated A-

About This Lot

As of November 2023

Here is the extraordinary home site to build your Florida dream! River Oaks is a gated luxury community with many very large homes already built in The Hammock of Palm Coast. Enjoy a very low HOA of $50 per month to live in this Intracoastal Waterway neighborhood of just over 20 total lots and a community boat dock. This interior lot with mature trees has a lovely southern rear exposure to design a custom living experience. Beach access, restaurants and shops including Publix is in very close proximity. Flagler Beach Pier and the historic City of St. Augustine are both an ocean view scenic drive of under 1/2 hour to access.

Last Agent to Sell the Property

Jil Fitzgerald

COASTAL REALTY GROUP OF FLORIDA License #3106439 Listed on: 08/23/2023

Last Buyer's Agent

Pamela Capela

RE/MAX SELECT PROFESSIONALS License #3195780

RE/MAX SELECT PROFESSIONALS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,119

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100 x 131
  • North Facing Home
  • Property is zoned R-1B

HOA Fees

  • $50 Monthly HOA Fees

Utilities

  • Septic Tank
  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 / 5320
  • Assessor Parcel Number 40-10-31-5320-00000-0150

Community Details

Overview

  • River Oaks In The Hammock Association, Phone Number (352) 642-4979
  • River Oaks/The Hammock Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Ramp
  • Water Access

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,119

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13632
  • Directions to Property: Take A1A in The Hammock to River Oaks.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 579203053
  • RATIO Current Price By Calculate: 11.00
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 18

Exterior Features

  • Direction Faces: North
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 483871

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Sewer: Septic Needed, Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Deed Restrictions, Gated Community - No Guard, Water Access
  • Association Amenities: Gated, Private Boat Ramp
  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Association Name: River Oaks in the Hammock
  • Phone: 352-642-4979
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Development: River Oaks

Fee Information

  • Total Annual Fees: 600.00
  • Total Monthly Fees: 50.00
  • Monthly HOA Amount: 50.00

Lot Info

  • Zoning: R-1B
  • Parcel Number: 40-10-31-5320-00000-0150
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 100 x 131
  • Flood Zone Code: x
  • Lot Size Square Meters: 1266

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1118.93
  • Tax Block: 5320
  • Tax Book Number: 57
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Capela Antonio
Bought by
Capela Jordan A
Total Days on Market
52
Current Estimated Value
$913,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$700,000
Interest Rate
6.67%
Mortgage Type
VA
Estimated Equity
$213,000

Purchase Details

Closed on
Sep 25, 2024
Sold by
Select Professional Builders Co
Bought by
Capela Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
6.49%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 23, 2023
Closed on
Nov 3, 2023
Sold by
Bardach Robert
Bought by
Select Professional Builders Co
Seller's Agent
Jil Fitzgerald
COASTAL REALTY GROUP OF FLORIDA
Buyer's Agent
Pamela Capela
RE/MAX SELECT PROFESSIONALS
List Price
$199,900
Sold Price
$150,000
Premium/Discount to List
-$49,900
-24.96%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
211.40%

Purchase Details

Closed on
Apr 23, 2018
Sold by
Mullen Patrick J
Bought by
Bardoch Robert

Purchase Details

Closed on
Mar 31, 2010
Sold by
Federal Trust Bank
Bought by
Mullen Patrick J

Purchase Details

Closed on
Jul 30, 2009
Sold by
Gorbach Igor
Bought by
Federal Trust Bank

Purchase Details

Closed on
Jul 1, 2005
Sold by
Rowgalo Tomasz
Bought by
Gorbach Igor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,227
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 18, 2003
Sold by
Ocean Oaks Dev Co Inc
Bought by
Rowgalo Tomasz
Source: Public Records

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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
Capela Jordan A $700,000 Select Title
Capela Antonio $100 Select Title
Select Professional Builders Co $150,000 Covenant Closing & Title Servi
Bardoch Robert $85,000 Flagler County Abstract Co
Mullen Patrick J $56,000 Suncoast Title Insurance Age
Federal Trust Bank -- None Available
Gorbach Igor $225,000 Associated Land Title Group
Rowgalo Tomasz $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capela Jordan A $700,000
Previous Owner Capela Antonio $616,000
Previous Owner Gorbach Igor $191,227
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $150,000 -14.2% --
10/15/2023 10/15/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $174,900 -12.5% --
08/23/2023 08/23/23 For Sale $199,900 -- --
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 $1,251 $121,500 $121,500 --
2023 $1,251 $76,835 $0 $0
2022 $1,119 $90,000 $90,000 $0
2021 $943 $63,500 $63,500 $0
2020 $1,056 $70,000 $70,000 $0
2019 $1,071 $70,000 $70,000 $0
2018 $784 $50,000 $50,000 $0
2017 $821 $52,000 $52,000 $0
2016 $806 $48,400 $0 $0
2015 $775 $44,000 $0 $0
2014 $663 $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC294099

Stellar MLS

APN: 40-10-31-5320-00000-0150