$90,000
SOLD AUG 3, 2020

29 Cinnamon Beach Way Palm Coast, FL 32137

0.13 Acre
$692,308 Price per Acre
5,839 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

9% Below List Price

95 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Sauna

About This Lot

As of July 2024

Have a slice of paradise when you own this beautiful lakefront lot within walking distance to the ocean in Cinnamon Beach at Ocean Hammock. In this Key West style gated community you can choose your own builder and proceed in building the home of your dreams.The unspoiled, pristine beachfront setting offers an ocean front pool, hot tub and cabanas, a lakefront clubhouse and zero-entry pool, kids water park, grille/bar, fitness center and lounge area.. World Class amenities include an oceanfront pool, lakeside pool with splash park, clubhouse, teen room, fitness center, lounge and cafe, bike paths and more. Wake to the sound of the surf and ocean breezes. Feel like you are on vacation all the time in your new custom home in Cinnamon Beach

Last Agent to Sell the Property

Carlene Reardon

COASTAL GATEWAY REAL ESTATE GR License #3109455 Listed on: 04/01/2020

Co-Listed By

Karla Goodman

TRADEMARK REALTY GROUP LLC License #3096497

Last Buyer's Agent

Luke O'Reilly

HAMMOCK REAL ESTATE GROUP License #328767

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,269

Lot Details

  • 5,839 Sq Ft Lot
  • Lake Front
  • East Facing Home
  • Level Lot
  • Cleared 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 04-11-31-3512-00010-012

Community Details

Overview

  • Property has a Home Owners Association
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Condos
  • Ocean Hammock Subdivision
  • The community has rules related to building or community restrictions
  • Handicap Modified Features In Community

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Trails

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,269

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5839
  • Directions to Property: A1A to 16th rd. Right onHammock Dunes Parkway to Hotel Trace rd to Gate gate
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.90909
  • Price per Sq Ft: 15.41
  • Close to Original List Price Ratio: 0.90909
  • View: Yes
  • Co List Office Mls Id: 256500367
  • Co List Office Phone: 386-447-6889
  • Tax Year: 2017
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 29

Exterior Features

  • Direction Faces: East
  • View: Golf Course
  • Water View Y N: Yes

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Special Community Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Gated, Handicap Modified, Sauna, Security, Trail(s)
  • Association Fee: 945
  • Association Name: May Management
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD SINGLE FAMILY
  • Parcel Number: 04-11-31-3512-00010-012
  • Current Use: Other
  • Lot Features: Cleared, Level, Other
  • Price Per Acre: 692308
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1268.95

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jul 5, 2024
Sold by
Horvath John Howard and Horvath Grace
Bought by
Nord Lifestyle Homes Inc
Seller's Agent
Luke O'Reilly
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Erika Przybylek
REALTY EXECUTIVES OCEANSIDE
List Price
$269,000
Sold Price
$240,000
Premium/Discount to List
-$29,000
-10.78%
Total Days on Market
95
Views
28
Current Estimated Value
$235,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,523
Avg. Annual Appreciation
0.48%

Purchase Details

Listed on
Apr 1, 2020
Closed on
Aug 3, 2020
Sold by
Cinnamon Beach Properties Llc
Bought by
Horvath Grace L and Horvath John H
Seller's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Luke O'Reilly
HAMMOCK REAL ESTATE GROUP
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.43%

Purchase Details

Closed on
Jul 23, 2013
Sold by
Milo Stephen E
Bought by
Cinnamon Beach Properties Llc

Purchase Details

Closed on
Dec 16, 2011
Sold by
Gorsun Gayle F
Bought by
Milo Stephen E

Purchase Details

Closed on
Jan 30, 2003
Sold by
Centex Land Inv Ii L L C
Bought by
Gorsun B R and Bronte Madeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,221
Interest Rate
5.89%

Purchase Details

Closed on
Dec 21, 2001
Sold by
Northshore Hammock L P
Bought by
Harding Donald G and Harding Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.72%

Purchase Details

Closed on
May 31, 2001
Sold by
Northshore Hammock L P
Bought by
Wookey Neil and Wookey Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,100
Interest Rate
7.11%

Purchase Details

Closed on
Dec 8, 1999
Sold by
Northshore Hammock L P
Bought by
Novek Donald and Novek Nancy
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $240,000 Canopy Title Services
Special Warranty Deed $90,000 Americas Choice Title Co
Special Warranty Deed $90,000 --
Special Warranty Deed -- Attorney
Warranty Deed $65,000 Title Chain Inc
Deed $242,500 --
Warranty Deed $154,900 --
Warranty Deed $143,900 --
Warranty Deed $104,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Purchase Money Mortgage
Previous Owner $247,709 Unknown
Previous Owner $244,221 No Value Available
Previous Owner $90,000 No Value Available
Previous Owner $119,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $240,000 -10.8% $41 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $269,000 +198.9% $46 / Sq Ft
08/03/2020 08/03/20 Sold $90,000 -9.1% $15 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $99,000 -- $17 / 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 $2,116 $170,000 $170,000 --
2023 $2,116 $108,295 $0 $0
2022 $1,704 $143,000 $143,000 $0
2021 $1,389 $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 $1,322 $80,000 $80,000 $0
2016 $1,448 $72,600 $0 $0
2015 $1,337 $66,000 $0 $0
2014 $1,055 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC256295

Stellar MLS

APN: 04-11-31-3512-00010-0120