NOT LISTED FOR SALE

32 Cinnamon Beach Way Palm Coast, FL 32137

Estimated Value: $1,271,000

0.14 Acre
$9,078,571 Price per Acre
6,011 Sq Ft Lot

Last Sold April 13, 2021

Last sale price $142,500

Est. 792% increase in value since last sale

Current estimated payment $6,891/month

Highlights

  • Lake Front
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Security Service

About This Lot

As of April 2021

Beautiful East-facing lot on the pond in Cinnamon Beach! Located close to the walkway to beach. No timeline to build, HOA fees include lot maintenance. Short walk to the community clubhouse with pools, fitness center, bar/grille, kids' water park and more. Build your dream home near the beach, and/or rent it through Cinnamon Beach Vacations. Don't delay!

Last Agent to Sell the Property

Luke O'Reilly

HAMMOCK REAL ESTATE GROUP License #328767 Listed on: 04/01/2021

Last Buyer's Agent

LAURENT ALVES

HAMMOCK REAL ESTATE GROUP License #3102187

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,666

Lot Details

  • 6,011 Sq Ft Lot
  • Lake Front
  • East Facing Home
  • Level Lot
  • Property is zoned PUD PUD,SINGLE FAMILY

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0330
  • $59 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Condos
  • Ocean Hammock Subdivision
  • The community has rules related to building or community restrictions

Amenities

  • Clubhouse

Recreation

  • Fitness Center

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,666

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6011
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 23.71
  • Close to Original List Price Ratio: 1
  • View: No
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: East
  • Road Surface Type: Paved

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Special Community Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Gated, Security
  • Association Fee: 460
  • Association Name: May Management
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD PUD,SINGLE FAMILY
  • Parcel Number: 04-11-31-3512-00010-0330
  • Current Use: Other
  • Lot Features: Compact Soil, Level, Other
  • Price Per Acre: 1017857

Tax Info

  • Tax Annual Amount: 1666.02
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Apr 9, 2021
Sold by
Bijou Developments Llc
Bought by
Smith Marcus P and Smith Jennifer L
Seller's Agent
Luke O'Reilly
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
LAURENT ALVES
HAMMOCK REAL ESTATE GROUP
List Price
$142,500
Sold Price
$142,500
Current Estimated Value
$1,271,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,128,500
Avg. Annual Appreciation
59.61%

Purchase Details

Listed on
Apr 1, 2021
Closed on
Feb 19, 2021
Sold by
Sterling Trust Company
Bought by
Bijou Developments Llc
Seller's Agent
Luke O'Reilly
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
LAURENT ALVES
HAMMOCK REAL ESTATE GROUP
List Price
$142,500
Sold Price
$142,500

Purchase Details

Listed on
Jan 5, 2021
Closed on
Feb 2, 2021
Sold by
Equity Trust Co
Bought by
Bijou Developments Llc
Seller's Agent
Dawn Gould
Buyer's Agent
HAMMOCK COASTAL REAL ESTATE, LLC Property Transfer
HAMMOCK COASTAL REAL ESTATE
List Price
$99,900
Sold Price
$92,500
Premium/Discount to List
-$7,400
-7.41%

Purchase Details

Closed on
Oct 8, 2010
Sold by
Fiserv Iss & Co
Bought by
Kring Sarah

Purchase Details

Closed on
Dec 12, 2005
Sold by
Cabral Beatrice
Bought by
Sterling Trust Co and Thomas E Spivey

Purchase Details

Closed on
Feb 28, 2003
Sold by
Centex Land Inv Ii L L C
Bought by
Cabral Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.89%

Purchase Details

Closed on
Dec 15, 2000
Sold by
Northshore Hammock L P
Bought by
Mondalek Peter

Purchase Details

Closed on
Dec 15, 1999
Sold by
Northshore Hammock L P
Bought by
Bingham Herman B and Bingham Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,110
Interest Rate
7.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Marcus P $142,500 Action Ttl Svcs Of St Johns
Bijou Developments Llc $92,500 Action Ttl Svcs Of St Johns
Bijou Developments Llc $92,500 Action Title Services
Kring Sarah -- None Available
Sterling Trust Co $308,000 Suncoast Title Insurance Age
Cabral Beatrice $206,900 --
Mondalek Peter $195,900 --
Bingham Herman B $92,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cabral Beatrice $185,000
Previous Owner Bingham Herman B $88,110
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2021 04/13/21 Sold $142,500 0.0% --
04/01/2021 04/01/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $142,500 +54.1% --
02/19/2021 02/19/21 Sold $92,500 -7.4% -- View Prior Sale
01/24/2021 01/24/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $99,900 -- --
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
2025 $2,455 $165,920 $165,920 --
2024 $3,088 $165,920 $165,920 --
2023 $3,088 $205,700 $0 $0
2022 $2,734 $187,000 $187,000 $0
2021 $1,642 $106,500 $106,500 $0
2020 $1,666 $106,500 $106,500 $0
2019 $1,797 $113,500 $113,500 $0
2018 $1,784 $110,000 $110,000 $0
2017 $1,755 $110,000 $110,000 $0
2016 $1,696 $95,832 $0 $0
2015 $1,636 $87,120 $0 $0
2014 $1,454 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dawn Gould

    Section Image
  • Luke O'Reilly

    Seller's Agent in 2021

    Luke O'Reilly

    HAMMOCK REAL ESTATE GROUP

    (386) 246-9934

    215 in this area

    240 Total Sales

    Luke O'Reilly
    Section Image

  • H

    Buyer's Agent in 2021

    HAMMOCK COASTAL REAL ESTATE, LLC Property Transfer

    HAMMOCK COASTAL REAL ESTATE

  • LAURENT ALVES

    Buyer's Agent in 2021

    LAURENT ALVES

    HAMMOCK REAL ESTATE GROUP

    (386) 931-5085

    50 in this area

    60 Total Sales

    LAURENT ALVES
    Section Image
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Map

Source: Stellar MLS

MLS Number: FC266249

Stellar MLS

APN: 04-11-31-3512-00010-0330

Florida Flagler County Palm Coast 32137

32 Cinnamon Beach Way, Palm Coast, FL

Not Listed for Sale

Lots

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