NOT LISTED FOR SALE

Ocean Hammock 300 Cinnamon Beach Way Unit 245 Palm Coast, FL 32137

Estimated Value: $640,302 - $740,000

3 Beds
3 Baths
2,003 Sq Ft
$936/mo HOA Fee

Last Sold April 26, 2019

Last sale price $325,000 $162 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,090/month

412 Days on Market

Highlights

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

About This Home

As of April 2019

If you have been waiting for a reasonably priced end unit with Ocean and golf course views, your wait is over! This lovely 4th floor Cinnamon Beach condo, with over 2000 living sq ft, is furnished (with the exception of a few personal items) and waiting for your family and friends to start making memories. Spacious tiled balcony for Al Fresco dining while overlooking the Par 3, 8th Hole of the Jack Nicklaus Ocean Course. This condo is in excellent condition. Features include oversized balcony, crown molding, 42 inch cabinets, granite, appliances including washer and dryer. Cinnamon Beach community offers a plethora of amenities including a family pool with zero entry, hot tubs, an ocean pool, a kid's water park, billiard room, game room, caf, fitness center and beach walkovers. Palm Coast is nestled between historic St. Augustine and World Famous Daytona Beach. The Theme parks in Orlando is only 90 minutes away. Jacksonville is only an hour away.

Last Agent to Sell the Property

BRANKA DAMIANI

COASTAL GATEWAY REAL ESTATE GROUP License #3028869 Listed on: 02/21/2018

COASTAL GATEWAY REAL ESTATE GROUP

Last Buyer's Agent

VLAJA TELFER

COLDWELL BANKER PREMIER License #3097440

COLDWELL BANKER PREMIER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,556

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Southwest Facing Home

HOA Fees

Parking

  • Parking Garage Space

Property Views

Home Design

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

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Security Gate

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • No Cooling
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0245
  • $59 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Sauna
  • Elevator

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,556

Year Built

Built in 2005

Lot Details

0

HOA Fees

$936 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Structure, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Living Area: 2003
  • Year Built: 2005
  • Status: Sold
  • Floor Number: 4
  • 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: 0.90529
  • Price per Sq Ft: 162.26
  • Close to Original List Price Ratio: 0.84416
  • View: Yes
  • 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
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Stories: 3
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Lighting
  • Roof: Tile
  • View: Golf Course
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: 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
  • Heating: Heat Pump
  • Laundry Features: Laundry Closet
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Fitness Center, Gated, Pool, Sauna
  • Association Fee: 516.29
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Gate, Security Lights
  • Senior Community: No
  • Management: Professional On Site
  • Complex Community Name NCCB: OCEAN HAMMOCK
  • Association #2 Fee: 420
  • Association: May
  • Association Phone #2: 386-446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0245
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Centex

Rental Info

  • Minimum Lease: No Minimum
  • Pet Restrictions: Yes

Tax Info

  • Tax Annual Amount: 4556
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Apr 19, 2019
Sold by
Bleecker Ali K and Ali Ki Bleecker Revocable Trus
Bought by
Haley William K and Haley Carol
Seller's Agent
BRANKA DAMIANI
COASTAL GATEWAY REAL ESTATE GROUP
Buyer's Agent
VLAJA TELFER
COLDWELL BANKER PREMIER
List Price
$385,000
Sold Price
$325,000
Premium/Discount to List
-$60,000
-15.58%
Current Estimated Value
$692,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,826
Avg. Annual Appreciation
12.29%
Original Mortgage
$260,000
Outstanding Balance
$226,651
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$466,175

Purchase Details

Closed on
Nov 9, 2009
Sold by
Bleecker Mary Lou
Bought by
Bleecker Mary Lou and Mary Lou Bleecker Trust

Purchase Details

Closed on
Jun 9, 2009
Sold by
Munro Daniel and Bleecker Ali K
Bought by
Bleecker Ali K

Purchase Details

Closed on
Mar 29, 2006
Sold by
Centex Homes
Bought by
Munro Daniel and Bleecker Ali K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Haley William K $325,000 Covenant Closing & Ttl Svcs
Bleecker Mary Lou -- None Available
Bleecker Ali K -- None Available
Munro Daniel $705,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haley William K $260,000
Previous Owner Munro Daniel $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $325,000 -15.6% $162 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
02/20/2018 02/20/18 For Sale $385,000 -- $192 / 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 $6,339 $548,100 -- $548,100
2023 $6,339 $368,445 $0 $0
2022 $5,543 $456,750 $0 $456,750
2021 $4,584 $304,500 $0 $304,500
2020 $4,434 $290,000 $0 $290,000
2019 $4,719 $304,400 $0 $304,400
2018 $4,616 $290,700 $0 $290,700
2017 $5,046 $315,700 $0 $0
2016 $5,147 $315,700 $0 $0
2015 $4,958 $301,200 $0 $0
2014 $4,927 $301,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC236329

Stellar MLS

APN: 04-11-31-3513-00000-0245