NOT LISTED FOR SALE

Ocean Hammock 200 Cinnamon Beach Way Unit 151 Palm Coast, FL 32137

Estimated Value: $711,213 - $918,000

3 Beds
3 Baths
2,003 Sq Ft
0.31 Acres

Last Sold August 02, 2012

Last sale price $395,000 $197 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,738/month

163 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Gated Community
  • End Unit
  • Old Kings Elementary School Rated A-
  • Golf Course View
  • No HOA

About This Home

As of August 2012

End unit on the end of the last building!! Fantastic views of the ocean and par 3 8th hole of the Ocean Hammock Golf course. Upgraded tile, granite counters on this 5th floor unit. Oceanfront lap pool, family pool, fitness center and seasonal poolside cafe. Ready for rental program if desired.

Last Agent to Sell the Property

PETER McKINLEY

REALTY EXECUTIVES OCEANSIDE License #3142834 Listed on: 01/02/2012

REALTY EXECUTIVES OCEANSIDE

Last Buyer's Agent

Luke O'Reilly

CINNAMON BEACH REALTY License #3171453

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • West Facing Home

Home Design

  • Entry on the 5th floor
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • 3-Story Property
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Handicap Modified
  • Ventilation

Listing and Financial Details

  • Assessor Parcel Number 04-11-3513-00000-0151

Community Details

Overview

  • No Home Owners Association
  • Association fees include 24-Hour Guard, insurance, ground maintenance, pest control, trash
  • Cinnamon Beach Association
  • Built by Centex
  • A Unit
  • Property managed by Leland
  • The community has rules related to deed restrictions

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,900

Year Built

Built in 2005

Lot Details

0

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Insurance, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Living Area: 2003
  • Year Built: 2005
  • Accessibility Features: Handicap Modified
  • Status: Sold
  • Co List Office Mls Id: MFR256500493
  • Co List Office Phone: 386-446-2900
  • Floor Number: 5
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 197.20
  • Planned Unit Development Yn: 0
  • Property Description: Corner Unit
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Stories: 3
  • Window Features: Aluminum Frames, Blinds
  • Living Area Meters: 186.08

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting, Other
  • Roof: Tile
  • View: Golf Course
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Parking Features: Other

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Gated, Pool
  • Association Name: Cinnamon Beach
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Property Manager: Leland
  • Property Manager Phone: 386.472.4107

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-3513-00000-0151

Green Features

  • Green Indoor Air Qlty: Ventilation

Building Info

  • Builder Name: Centex

Tax Info

  • Tax Annual Amount: 3900

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2012
Closed on
Aug 2, 2012
Sold by
Pappas Paul and Pappas Danielle S
Bought by
Kovachik Andrew S and Kovachick Beverly R
Seller's Agent
PETER McKINLEY
REALTY EXECUTIVES OCEANSIDE
Buyer's Agent
Luke O'Reilly
CINNAMON BEACH REALTY
List Price
$469,000
Sold Price
$395,000
Premium/Discount to List
-$74,000
-15.78%
Current Estimated Value
$798,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,475
Avg. Annual Appreciation
5.54%
Original Mortgage
$276,500
Outstanding Balance
$191,636
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$615,417

Purchase Details

Closed on
Dec 8, 2005
Sold by
Centex Homes
Bought by
Pappas Paul and Pappas Danielle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.55%
Mortgage Type
Fannie Mae Freddie Mac
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
Kovachik Andrew S $395,000 Suncoast Title Insurance Age
Pappas Paul $806,100 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovachik Andrew S $276,500
Previous Owner Pappas Paul $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2022 10/23/22 Off Market $395,000 -- --
08/02/2012 08/02/12 Sold $395,000 -15.8% $197 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $469,000 -- $234 / 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 $6,713 $581,040 -- $581,040
2023 $6,713 $390,588 $0 $0
2022 $5,874 $484,200 $0 $484,200
2021 $4,856 $322,800 $0 $322,800
2020 $4,929 $322,800 $0 $322,800
2019 $5,000 $322,800 $0 $322,800
2018 $4,883 $307,700 $0 $307,700
2017 $5,352 $335,100 $0 $0
2016 $5,460 $335,100 $0 $0
2015 $5,250 $319,100 $0 $0
2014 $5,212 $319,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC185802

Stellar MLS

APN: 04-11-31-3513-00000-0151