NOT LISTED FOR SALE

3 Ocean Ridge Blvd S Palm Coast, FL 32137

Estimated Value: $1,559,000 - $2,866,495

0.23 Acre
$10,848,365 Price per Acre
10,019 Sq Ft Lot

Last Sold January 15, 2019

Last sale price $650,000 $65 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $15,428/month

6 Days on Market

About This Lot

As of January 2019

Perfect time to build that DIRECT OCEANFRONT dream home in the seaside community of Ocean Hammock. The Ocean Hammock golf course recently renovated, opened late 2017 featuring 6 holes on the ocean! Membership to the Hammock Beach Club is available but not required. Beach club membership and full golf if desired. Club membership offers two world class golf courses, indoor/outdoor pool complex, lazy river, fitness complex, spa, tennis facilities, marina and multiple restaurants. The majestic homes that line Ocean Ridge makes it truly one of the most spectacular streets in Flagler County. The seaside community is known for it's quiet beaches and the natural beauty of the Hammock area in Palm Coast. Located just 20 minutes south of historic St. Augustine, 30 minutes north of Daytona...

Last Agent to Sell the Property

Traci Gura

Berkshire HathawayHS Fortune Grp Properties Listed on: 01/03/2019

Last Buyer's Agent

Karen Nelson

Nonmember office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,668

Lot Details

  • 10,019 Sq Ft Lot
  • Ocean Front
  • Cleared Lot

HOA Fees

  • $165 Monthly HOA Fees

Community Details

  • Ocean Hammock Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-4900-00000-0450

Property Details

Property Type

Land

Est. Annual Taxes

$8,668

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Road Surface Type: Asphalt
  • Subdivision Name: Ocean Hammock
  • Directions: Hammock Dunes Parkway, Right onto Hotel Trace Blvd
  • Reso Property Type: Land
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.23
  • Location Tax and Legal:Parcel Number: 04-11-31-4900-00000-0450
  • Location Tax and Legal:Tax Annual Amount: 8668.0
  • Location Tax and Legal:Tax Year: 2017
  • Location Tax and Legal Zoning Description: Single Family
  • Utilities:Water Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Cleared
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association #2 Fee: 494.0
  • Association #2 Fee Frequency: Quarterly

Association/Amenities

  • General Property Information:Association Fee 2 Frequency: Quarterly
  • General Property Information:Association Fee 2: 494.0

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 04-11-31-4900-00000-0450
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8668.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Jan 15, 2019
Sold by
Mentz Lawrence and Mentz Barbara A
Bought by
Speck Stacey W and Speck Douglas C
Seller's Agent
Traci Gura
Berkshire HathawayHS Fortune Grp Properties
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$2,495,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,845,124
Avg. Annual Appreciation
21.98%

Purchase Details

Closed on
Jan 2, 2004
Sold by
Mccullough Dan R and Mccullough Joan D
Bought by
Mentz Lawrence and Mentz Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
5.82%

Purchase Details

Closed on
Apr 22, 1997
Sold by
Lowe Ocean Hammock Ltd
Bought by
Mccullough Dan R and Mccullough Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,400
Interest Rate
7.95%
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 Buyer Sale Price Title Company
Speck Stacey W $650,000 Title Chain Inc
Mentz Lawrence $775,000 --
Mccullough Dan R $382,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mentz Lawrence $581,250
Previous Owner Mentz Lawrence $125,000
Previous Owner Mentz Lawrence $475,000
Previous Owner Mccullough Dan R $354,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2019 01/15/19 Sold $650,000 0.0% $65 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $650,000 -- $65 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

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 $24,884 $2,236,640 $768,000 $1,468,640
2023 $24,884 $1,672,073 $0 $0
2022 $9,114 $636,500 $636,500 $0
2021 $8,046 $537,500 $537,500 $0
2020 $8,054 $530,000 $530,000 $0
2019 $8,707 $565,000 $565,000 $0
2018 $8,602 $545,000 $545,000 $0
2017 $8,668 $545,000 $545,000 $0
2016 $8,642 $522,500 $0 $0
2015 $7,790 $475,000 $0 $0
2014 $7,480 $450,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1052064

Daytona Beach Area Association of REALTORS®

APN: 04-11-31-4900-00000-0450