NOT LISTED FOR SALE

Ocean Hammock 300 Cinnamon Beach Way Unit 255 Palm Coast, FL 32137

Estimated Value: $686,664 - $764,000

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

Last Sold April 09, 2018

Last sale price $389,000 $194 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,298/month

366 Days on Market

Highlights

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

About This Home

As of April 2018

TAKE A TOUR OF THIS OCEAN AND GOLF VIEW 5TH FLOOR END UNIT 255 CONDO AT CINNAMON BEACH, PART OF THE INCREDIBLE HAMMOCK BEACH COMMUNITY. WONDERFUL OCEAN AND 8TH HOLE PAR 3 HAMMOCK BEACH OCEAN COURSE VIEWS, WITH THE OCEAN AS THE PERFECT BACK DROP. EXPANSIVE PATIO SPACE FOR DINING, LOUNGE CHAIR NAPS, AND MORE. GREAT UPDATES INSIDE. THE HIGH-END FURNITURE IS NEGOTIABLE. YOUR FAMILY AND GUESTS WILL ENJOY ON-SITE AMENITIES SUCH AS THE OCEAN FRONT POOL ON A BLUFF, WITH OCEAN VIEWS FROM YOUR LOUNGE CHAIRS. ALSO ENJOY THE LAKESIDE KID-FRIENDLY POOL AND KIDS SPLASH ZONE, RESTAURANT, VERY NICE EXERCISE ROOM, AND TWO GAME ROOMS. THIS CONDO IS NOT IN A RENTAL PROGRAM, BUT IS PRACTICALLY RENTAL READY TODAY. DON'T MISS IT.

Last Agent to Sell the Property

Dave Franklin

COASTAL GATEWAY REAL ESTATE GROUP License #3018235 Listed on: 09/15/2017

COASTAL GATEWAY REAL ESTATE GROUP

Last Buyer's Agent

Kimberly Herbert

VIRTUAL HOMES REALTY License #3384804

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,410

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Southwest Facing Home

HOA Fees

Parking

  • Parking Garage Space

Property Views

Home Design

  • 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
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio
  • Exterior Lighting
  • Rear Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0255
  • $51 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, insurance, maintenance structure, ground maintenance, pest control, trash
  • Cinnamon Beach Association

Amenities

  • Sauna
  • Elevator

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,410

Year Built

Built in 2005

Lot Details

0

HOA Fees

$887 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Living Area: 2003
  • Year Built: 2005
  • Status: Sold
  • Floor Number: 5
  • Homestead Y N: No
  • Property Manager: MAY
  • Property Description: Corner Unit
  • Property Manager Phone: 3864460085
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.98481
  • Price per Sq Ft: 194.21
  • Close to Original List Price Ratio: 0.98481
  • 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
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Stories: 3
  • Window Features: Blinds
  • Room Count: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • View: Golf Course
  • Patio and Porch Features: Open Patio, Rear Porch
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Parking Features: Under Building
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Fitness Center, Gated, Pool, Sauna
  • Association Fee: 467
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Senior Community: No
  • Association #2 Fee: 420
  • Association: .
  • Association Phone #2: .

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0255
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pet Restrictions: YES

Tax Info

  • Tax Annual Amount: 5410
  • Tax Other Annual Assessment Amount: 51

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Apr 9, 2018
Sold by
Kobrin Todd F and Kobrin Mary Elizabeth
Bought by
Cretens William J and Cretens Jane
Seller's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GROUP
Buyer's Agent
Kimberly Herbert
VIRTUAL HOMES REALTY
List Price
$395,000
Sold Price
$389,000
Premium/Discount to List
-$6,000
-1.52%
Current Estimated Value
$735,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,916
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Sep 16, 2011
Sold by
Sanders Debra
Bought by
Kobrin Todd F and Kobrin Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2005
Sold by
Burgess George and Burgess Denise
Bought by
Sanders Debra
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
Cretens William J $389,000 Title Chain Inc
Kobrin Todd F $285,000 None Available
Sanders Debra $750,000 --
Burgess George William $699,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kobrin Todd F $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2018 04/09/18 Sold $389,000 -1.5% $194 / Sq Ft
03/11/2018 03/11/18 Pending -- -- --
03/10/2017 03/10/17 For Sale $395,000 -- $197 / 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 $6,713 $581,040 -- $581,040
2023 $6,713 $390,588 $0 $0
2022 $5,874 $484,200 $0 $484,200
2021 $4,856 $322,800 $0 $322,800
2020 $4,929 $322,800 $0 $322,800
2019 $5,000 $322,800 $0 $322,800
2018 $4,883 $307,700 $0 $307,700
2017 $5,352 $335,100 $0 $0
2016 $5,460 $335,100 $0 $0
2015 $5,250 $319,100 $0 $0
2014 $5,212 $319,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC232528

Stellar MLS

APN: 04-11-31-3513-00000-0255