NOT LISTED FOR SALE

Ocean Hammock 300 Cinnamon Beach Way Unit 223 Palm Coast, FL 32137

Estimated Value: $490,655 - $548,000

3 Beds
2 Baths
1,344 Sq Ft
$991/mo HOA Fee

Last Sold May 18, 2016

Last sale price $240,000 $179 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,117/month

122 Days on Market

Highlights

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

About This Home

As of May 2016

Enjoy Florida living at its best in Cinnamon Beach. 3 bedroom 2 bath condo with stainless steel stove and microwave, granite counter tops, master bedroom with en suite bath featuring soaking tub and separate shower. There is no better place to live or vacation. Enjoy miles of sandy beaches for shell searching, bicycle and walking paths for leisurely sunset forays, swimming in the Atlantic Ocean. Endless possibilities! Optional Beach Club membership gives you access to Hammock Beach Club offering indoor and outdoor pools, restaurants, fitness center, kids water park and more!!! This is a Fannie Mae Homepath property.

Last Agent to Sell the Property

DAVID P. PETKOVSEK

REALTY EXCHANGE, LLC License #3096504 Listed on: 12/12/2015

REALTY EXCHANGE, LLC

Last Buyer's Agent

Rodolphe Brun

3 DOT REALTY LLC License #3267171

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,221

Year Built

  • Built in 2005

Lot Details

  • 0.3

HOA Fees

Parking

  • Parking Garage Space

Home Design

  • Planned Development
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Security Lights
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0223
  • $51 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, ground maintenance, pest control, trash
  • Cinnamon Beach Association
  • Ohpoa Association, Phone Number (386) 447-1807

Amenities

  • Sauna

Recreation

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,221

Year Built

Built in 2005

Lot Details

0

HOA Fees

$991 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Living Area: 1344
  • Year Built: 2005
  • Status: Sold
  • Floor Number: 2
  • Homestead Y N: No
  • Property Manager: May Management
  • Property Manager Phone: 904-940-9591
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.96038
  • Price per Sq Ft: 178.57
  • Close to Original List Price Ratio: 0.85745
  • View: No
  • Tax Year: 2015
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Range, Refrigerator
  • Total Bedrooms: 3
  • Stories: 1
  • Window Features: Blinds
  • Room Count: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • Road Frontage Type: Other
  • Patio and Porch Features: Rear Porch
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Under Building
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Pool, Sauna
  • Association Fee: 601
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Lights
  • Senior Community: No
  • Association #2 Fee: 390
  • Association: OHPOA
  • Association Phone #2: 386-447-1807

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0223
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Restrictions: Allowed over 100 lbs; Pet Restrictions-See Remarks

Tax Info

  • Tax Annual Amount: 3221.48
  • Tax Other Annual Assessment Amount: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2015
Closed on
May 18, 2016
Sold by
Federal National Mortgage Association
Bought by
Hammock Development Inc
Seller's Agent
DAVID P. PETKOVSEK
REALTY EXCHANGE, LLC
Buyer's Agent
Rodolphe Brun
3 DOT REALTY LLC
List Price
$279,900
Sold Price
$240,000
Premium/Discount to List
-$39,900
-14.26%
Current Estimated Value
$517,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,414
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
May 29, 2015
Sold by
Debonis Joseph D and Debonis Linda A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 15, 2005
Sold by
Centex Homes
Bought by
Debonis Joseph D and Debonis Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,753
Interest Rate
5.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hammock Development Inc $240,000 Title & Abstract Agency Of A
Federal National Mortgage Association -- None Available
Debonis Joseph D $423,500 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Debonis Joseph D $338,753
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2016 05/18/16 Sold $240,000 -14.3% $179 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $279,900 -- $208 / 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 $5,011 $431,280 -- $431,280
2023 $5,011 $289,916 $0 $0
2022 $4,370 $359,400 $0 $359,400
2021 $3,619 $239,600 $0 $239,600
2020 $3,674 $239,600 $0 $239,600
2019 $3,727 $239,600 $0 $239,600
2018 $3,606 $228,400 $0 $228,400
2017 $3,286 $204,300 $0 $0
2016 $3,349 $204,300 $0 $0
2015 $3,221 $194,600 $0 $0
2014 $3,202 $194,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DAVID P. PETKOVSEK

    Seller's Agent in 2016

    DAVID P. PETKOVSEK

    REALTY EXCHANGE, LLC

    (386) 627-3182

    141 in this area

    219 Total Sales

    DAVID P. PETKOVSEK
    Section Image
  • Rodolphe Brun

    Buyer's Agent in 2016

    Rodolphe Brun

    3 DOT REALTY LLC

    (386) 235-0670

    43 in this area

    92 Total Sales

    Rodolphe Brun
    Section Image
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About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC217596

Stellar MLS

APN: 04-11-31-3513-00000-0223

Florida Flagler County Palm Coast 32137

300 Cinnamon Beach Way Unit 223, Palm Coast, FL

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.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



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

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