NOT LISTED FOR SALE

Ocean Hammock 200 Cinnamon Beach Way Unit 165 Palm Coast, FL 32137

Estimated Value: $739,302 - $832,000

3 Beds
3 Baths
2,003 Sq Ft
$664/mo HOA Fee

Last Sold July 31, 2020

Last sale price $450,000 $225 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,830/month

297 Days on Market

Highlights

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

About This Home

As of July 2020

Fully furnished penthouse corner condo overlooking the Ocean and the Jack Nicklaus Signature Ocean Course.This Spacious 3 bedroom 3 bath condo features additional windows on the side allowing for plenty of light, and being top floor, features high ceilings. Other features include kitchen with granite counters, and a breakfast nook, dining and living room with ocean views, luxurious master suite. The oversized tiled balcony with stunning ocean views is the perfect place for Al fresco dining. Condo features tile in the living area and carpet in bedrooms. Amenities include clubhouse with pool,bar/grille, fitness room and an oceanfront pool complex. If you are not ready to move, this Unit is currently in the Short term rental pool and you can keep renting it when you are not here. Palm Coast is conveniently located an hour and a half away from the Theme Parks and the Orlando airport. St. Augustine, the Nation's oldest city, is only half an hour away and so is Daytona Beach.

Last Agent to Sell the Property

Janet Salam

COASTAL GATEWAY REAL ESTATE GR License #3242755 Listed on: 09/13/2019

Last Buyer's Agent

Victoria Ferguson

HAMMOCK REAL ESTATE GROUP License #3279810

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,919

Year Built

  • Built in 2005

Lot Details

  • Property fronts gulf or ocean
  • West Facing Home

HOA Fees

Parking

  • Parking Garage Space

Home Design

  • Contemporary Architecture
  • Planned Development
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • No Cooling
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0165
  • $59 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, insurance, maintenance structure, pest control, trash
  • Cinnamon Beach Association
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Condos
  • Built by Centex
  • Ocean Hammock Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,919

Year Built

Built in 2005

Lot Details

0

HOA Fees

$664 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Insurance, Maintenance Structure, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Living Area: 2003
  • Year Built: 2005
  • Directions to Property: Hammock Dunes Pkwy to Ocean Hammock Guard Gate at Hotel Trace.
  • Status: Sold
  • Floor Number: 6
  • Homestead Y N: No
  • Property Manager: May Management
  • Property Manager Phone: 386-446-0085
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.90744
  • Price per Sq Ft: 224.66
  • Close to Original List Price Ratio: 0.90744
  • View: No
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Elevator, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Trash Compactor, Washer
  • Total Bedrooms: 3
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 200
  • Room Count: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Parking Features: Under Building
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Heating: Heat Pump
  • Laundry Features: Inside, Laundry Closet
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Pool, Sauna
  • Association Fee: 516.29
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Senior Community: No
  • Management: Professional On Site
  • Complex Community Name NCCB: OCEAN HAMMOCK
  • Association #2 Fee: 445
  • Association #2 Fee Frequency: Quarterly
  • Association: May Management
  • Association Phone #2: 386-446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0165
  • Lot Features: Other
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Centex

Rental Info

  • Minimum Lease: 1 Week
  • Pet Restrictions: See Condo Docs

Tax Info

  • Tax Annual Amount: 4918.72
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Jul 26, 2020
Sold by
Reger Llc
Bought by
Labossiere Joseph M and Labossiere Martha H
Seller's Agent
Janet Salam
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Victoria Ferguson
HAMMOCK REAL ESTATE GROUP
List Price
$495,900
Sold Price
$450,000
Premium/Discount to List
-$45,900
-9.26%
Total Days on Market
297
Current Estimated Value
$801,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,826
Avg. Annual Appreciation
12.62%
Original Mortgage
$360,000
Outstanding Balance
$323,461
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$478,365

Purchase Details

Closed on
Feb 23, 2006
Sold by
Goodman Howard and Goodman Jane
Bought by
Reger Llc

Purchase Details

Closed on
Dec 13, 2005
Sold by
Centex Homes
Bought by
Goodman Howard E and Goodman Jane R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,200
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Labossiere Joseph M $450,000 Flagler County Abstract Co
Labossiere Jospeh M $450,000 Flagler County Abstract Compan
Reger Llc $100 Flagler County Abstract Compan
Reger Llc -- None Available
Goodman Howard E $930,800 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labossiere Jospeh M $360,000
Closed Labossiere Joseph M $360,000
Previous Owner Goodman Howard E $735,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $450,000 -9.3% $225 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
09/13/2019 09/13/19 For Sale $495,900 -- $248 / 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 $7,980 $592,020 -- $592,020
2023 $7,980 $592,020 $0 $592,020
2022 $5,984 $493,350 $0 $493,350
2021 $4,946 $328,900 $0 $328,900
2020 $5,021 $328,900 $0 $328,900
2019 $5,094 $328,900 $0 $328,900
2018 $4,978 $313,800 $0 $313,800
2017 $5,449 $341,200 $0 $0
2016 $5,559 $341,200 $0 $0
2015 $5,349 $325,200 $0 $0
2014 $5,308 $325,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janet Salam

    Seller's Agent in 2020

    Janet Salam

    COASTAL GATEWAY REAL ESTATE GR

    (386) 527-9783

    107 Total Sales

    Janet Salam
    Section Image

  • V

    Buyer's Agent in 2020

    Victoria Ferguson

    HAMMOCK REAL ESTATE GROUP

    (504) 729-0188

    26 Total Sales

    Victoria Ferguson
    Section Image
See All Agents

About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC251197

Stellar MLS

APN: 04-11-31-3513-00000-0165

Florida Flagler County Palm Coast 32137

200 Cinnamon Beach Way Unit 165, Palm Coast, FL

This home is located at 200 Cinnamon Beach Way Unit 165, Palm Coast, FL 32137 since 13 September 2019 and is currently estimated at $801,826, approximately $400 per square foot. This property was built in 2005. 200 Cinnamon Beach Way Unit 165 is a home located in Flagler County with nearby schools including Old Kings Elementary School, Indian Trails Middle School, and Matanzas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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