NOT LISTED FOR SALE

Ocean Hammock 300 Cinnamon Beach Way Unit 231 Palm Coast, FL 32137

Estimated Value: $634,472 - $767,000

3 Beds
3 Baths
2,003 Sq Ft
$887/mo HOA Fee

Last Sold July 21, 2017

Last sale price $375,000 $187 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,113/month

217 Days on Market

Highlights

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

About This Home

As of July 2017

Best Priced are corner 3/3 condominium offering ocean and golf course views. Sweeping views of the Atlantic and the 8th hole of the Jack Nicklaus Signature Ocean Course. Residence with expansive balcony, furnishings included, and ready for you to start enjoy living at the coast. This 3 bed/3 bath floor plan is the largest in the community, offering over 2000 sq. ft. under air, plus an oversized balcony overlooking the golf course and ocean. This lovely Cinnamon Beach condo residence 231 has been placed in a short rental program & generates monthly revenue – or could just be for you, your family & friends to make your memories. Condo has wonderful open feeling with volume ceilings, 42” cabinetry, granite counters in kitchen and baths, in-unit washer/ dryer included as well as all appliances. Cinnamon Beach community amenities including a family pool with zero entry, two hot tubs, an ocean pool, a kid's water park, billiard room, game room, caf and fitness center.

Last Agent to Sell the Property

BRANKA DAMIANI

COASTAL GATEWAY REAL ESTATE GROUP License #3028869 Listed on: 11/12/2016

COASTAL GATEWAY REAL ESTATE GROUP

Last Buyer's Agent

Carolyn Vallone

HAMMOCK REAL ESTATE GROUP License #3374753

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,007

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Southwest Facing Home

HOA Fees

Parking

  • Parking Garage Space

Property Views

Home Design

  • Spanish Architecture
  • Split Level Home
  • Planned Development
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Security Gate

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0231
  • $51 per year additional tax assessments

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, pest control, trash
  • Cinnamon Beach Association
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Condos
  • Built by Centex
  • Ocean Hammock Subdivision
  • Handicap Modified Features In Community

Amenities

  • Sauna
  • Elevator

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,007

Year Built

Built in 2005

Lot Details

0

HOA Fees

$887 per month

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Living Area: 2003
  • Year Built: 2005
  • Status: Sold
  • Floor Number: 3
  • Homestead Y N: No
  • Property Manager: May Management
  • Property Description: Corner Unit
  • Property Manager Phone: 386 446-0085
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.94937
  • Price per Sq Ft: 187.22
  • Close to Original List Price Ratio: 0.93985
  • View: Yes
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Elevator, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Stories: 3
  • Window Features: Blinds
  • Room Count: 1
  • ResoLivingAreaSource: Other

Exterior Features

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

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, Heat Pump
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Handicap Modified, Pool, Sauna
  • Association Fee: 467
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Gate, Security Lights
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK
  • Association #2 Fee: 420
  • Association: May Management
  • Association Phone #2: 386 446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0231
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Centex

Rental Info

  • Minimum Lease: No Minimum
  • Pet Restrictions: Yes

Tax Info

  • Tax Annual Amount: 5007
  • Tax Other Annual Assessment Amount: 51

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2016
Closed on
Jul 20, 2017
Sold by
Yahn Robert and Kreinheder Peter
Bought by
Birkedal Christian and Birkedal Kristin
Seller's Agent
BRANKA DAMIANI
COASTAL GATEWAY REAL ESTATE GROUP
Buyer's Agent
Carolyn Vallone
HAMMOCK REAL ESTATE GROUP
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
$708,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,368
Avg. Annual Appreciation
7.97%
Original Mortgage
$281,250
Outstanding Balance
$233,671
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$474,697

Purchase Details

Closed on
Sep 13, 2005
Sold by
Centex Homes
Bought by
Yahn Robert and Kreinheder Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,450
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving
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
Birkedal Christian $375,000 Covenant Closing & Title Ser
Yahn Robert $649,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Birkedal Christian $281,250
Previous Owner Yahn Robert $32,450
Previous Owner Yahn Robert $519,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Sold $375,000 -6.0% $187 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
11/11/2016 11/11/16 For Sale $399,000 -- $199 / 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 $6,220 $537,706 -- $537,706
2023 $6,220 $361,458 $0 $0
2022 $5,438 $448,088 $0 $448,088
2021 $4,498 $298,725 $0 $298,725
2020 $4,351 $284,500 $0 $284,500
2019 $4,634 $298,900 $0 $298,900
2018 $4,530 $285,200 $0 $285,200
2017 $4,959 $310,200 $0 $0
2016 $5,059 $310,200 $0 $0
2015 $4,869 $295,700 $0 $0
2014 $4,836 $295,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • BRANKA DAMIANI

    Seller's Agent in 2017

    BRANKA DAMIANI

    COASTAL GATEWAY REAL ESTATE GROUP

    (386) 793-6913

    48 in this area

    61 Total Sales

    BRANKA DAMIANI
    Section Image

  • C

    Buyer's Agent in 2017

    Carolyn Vallone

    HAMMOCK REAL ESTATE GROUP

    (203) 232-0259

    40 in this area

    44 Total Sales

    Carolyn Vallone
    Section Image
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About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC225340

Stellar MLS

APN: 04-11-31-3513-00000-0231

Florida Flagler County Palm Coast 32137

300 Cinnamon Beach Way Unit 231, 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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