NOT LISTED FOR SALE

2 Ocean Ridge Blvd N Palm Coast, FL 32137

Estimated Value: $3,126,000 - $4,001,000

5 Beds
5.5 Baths
6,118 Sq Ft
$586/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $2,000,000 $327 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $21,584/month

69 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Golf Course Community
  • Gated Community
  • Old Kings Elementary School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of October 2016

ONE OF THE MOST STUNNING OCEANFRONT HOMES IN PALM COAST affording the most magnificent ocean views & offering high end appointments; top-of-the-line appliances, (Exquisite Gourmet Kitchen overlooking the Ocean) including 48' Wolf Gas Range w/4 Burners, Charbroiler, Griddle & Double Oven, Subzero, Wolf, Miele!, all concrete (to roof) construction, all impact windows and doors, Travertine Flooring inside & out, Brazilian Teak Flooring, 2 large balconies, elevator, 2 kitchens, 2, laundry rooms, 2 fireplaces, 3 master suites, Theatre, Infinity Salt Water Pool,.....and home never leased. Just too many outstanding Facts and Features to mention. Inquire for complete list on file. PLUS A Hammock Beach Resort Membership is included full of extraordinary amenities such as two stunning golf courses, ( a Tom Watson signature design and an Ocean Course, designed by Jack Nicklaus; Tennis Center, Water Park, Water Slide, Lazy River, Full Service Spa, Fitness and wonderful Restaurants.

Last Agent to Sell the Property

Diane Esposito

COASTAL GATEWAY REAL ESTATE GR License #0448975 Listed on: 06/15/2016

Last Buyer's Agent

ANDREW KALCOUNOS

COASTAL GATEWAY REAL ESTATE GR License #3063166

COASTAL GATEWAY REAL ESTATE GR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,523

Year Built

  • Built in 2007

Lot Details

  • 8,661 Sq Ft Lot
  • 70 Feet of Waterfront
  • Property fronts gulf or ocean
  • West Facing Home
  • Irregular Lot
  • Property is zoned PUD

Parking

  • 3 Car Garage

Home Design

  • Spanish Architecture
  • Split Level Home
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,118 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Storage Room
  • Wood Flooring
  • Water Views
  • Security Lights

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer

Pool

  • Outdoor Shower
  • Auto Pool Cleaner

Outdoor Features

  • Balcony
  • Open Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Propane
  • Water Softener
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 0411314900000000430

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 Pirtle Construction
  • Ocean Hammock Subdivision, Custom Home Floorplan

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,523

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 6118
  • Year Built: 2007
  • Lot Size Sq Ft: 8661
  • Directions to Property: East on Hammock Dunes Bridge, continue on Hammock Dunes Pkwy, turn right into Ocean Hammock Gate. Proceed to Stop Sign, turn right & continue to Ocean Ridge.
  • Status: Sold
  • Street Post Direction: N
  • Homestead Y N: No
  • Property Manager: May Management
  • Property Manager Phone: 386-447-0085
  • Ratio: Close Price\List Price: 0.86994
  • Price per Sq Ft: 326.9
  • Close to Original List Price Ratio: 0.86994
  • View: No
  • Tax Year: 2015
  • Special Features: None

Interior Features

  • Fireplace Features: Electric
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Elevator, High Ceiling(s), Solid Surface Counters, Walk-In Closet(s), Wet Bar
  • Appliances Included: Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer, Water Softener
  • Total Bedrooms: 5
  • Levels: Multi/Split
  • Stories: 3
  • Street Number Modifier: 2
  • Room Count: 19
  • Additional Rooms: Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Auto Cleaner, Other
  • Exterior Features: Balcony, Lighting, Outdoor Shower
  • Roof: Tile
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch, Open Patio, Rear Porch
  • Road Surface Type: Concrete, Paved
  • Water View Y N: Yes
  • Waterfront Frontage: 70

Garage/Parking

  • Garage Spaces: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Propane, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Private Sewer, Public Sewer
  • Water Source: Private, Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Fitness Center, Gated, Golf Course, Pool, Sauna
  • Association Fee: 448
  • Association Name: OHPOA
  • Phone: 386-446-0085
  • Association: Yes
  • Security: Security Lights
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD
  • Parcel Number: 0411314900000000430
  • Lot Features: Irregular Lot
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Pirtle Construction

Tax Info

  • Tax Annual Amount: 22523

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Oct 28, 2016
Sold by
Vanfleet Kevin P and Van Fleet Eileen P
Bought by
Casamento Bib and Casamento Mary
Seller's Agent
Diane Esposito
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
ANDREW KALCOUNOS
COASTAL GATEWAY REAL ESTATE GR
List Price
$2,299,000
Sold Price
$2,000,000
Premium/Discount to List
-$299,000
-13.01%
Current Estimated Value
$3,585,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,585,356
Avg. Annual Appreciation
6.71%
Original Mortgage
$999,000
Outstanding Balance
$772,465
Interest Rate
2.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,812,891

Purchase Details

Closed on
Jan 24, 2011
Sold by
Chanfrau Philip J and Chanfrau Jeanette O
Bought by
Vanfleet Kevin P and Van Fleet Eileen P

Purchase Details

Closed on
Jan 7, 2008
Sold by
Chanfrau Philip J and Chanfrau Jeanette O
Bought by
Chanfrau Philip J and Chanfrau Jeanette O

Purchase Details

Closed on
Jun 15, 2004
Sold by
Chanfrau Philip J
Bought by
Chanfrau Philip J and Chanfrau Jeanette O

Purchase Details

Closed on
Jun 22, 2001
Sold by
Chanfrau Philip J and Chanfrau Alice
Bought by
Chanfrau Alice

Purchase Details

Closed on
Oct 20, 1999
Sold by
Lowe Ocean Hammock Ltd
Bought by
Chanfrau Philip J and Chanfrau Alice
Source: Public Records

Range of Values:

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Average Value
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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
Casamento Bib $2,000,000 Coast Title Ins Agency Inc
Vanfleet Kevin P $1,800,000 Title Chain Inc
Chanfrau Philip J -- Attorney
Chanfrau Philip J $870,000 --
Chanfrau Alice -- --
Chanfrau Philip J $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casamento Bib $999,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $2,000,000 -13.0% $327 / Sq Ft
08/21/2016 08/21/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $2,299,000 -- $376 / 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 $31,566 $2,979,041 $768,000 $2,211,041
2023 $31,566 $2,115,831 $0 $0
2022 $29,135 $2,114,977 $636,500 $1,478,477
2021 $26,278 $1,748,621 $537,500 $1,211,121
2020 $24,964 $1,635,166 $530,000 $1,105,166
2019 $25,861 $1,670,166 $565,000 $1,105,166
2018 $27,373 $1,727,371 $545,000 $1,182,371
2017 $26,207 $1,639,684 $545,000 $1,094,684
2016 $25,940 $1,565,616 $0 $0
2015 $23,461 $1,423,287 $0 $0
2014 $22,343 $1,330,804 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC222075

Stellar MLS

APN: 04-11-31-4900-00000-0430