$92,500
SOLD FEB 19, 2021

32 Cinnamon Beach Way Palm Coast, FL 32137

0.14 Acre
$660,714 Price per Acre
6,011 Sq Ft Lot

Recently Sold

7% Below List Price

19 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Recreation Facilities

About This Lot

As of April 2021

Beautiful lake front lot in the stunning coastal community of Cinnamon Beach in Ocean Hammock has been cleared and is ready for a new home. Build your dream home in this pristine community that is walking distance to the beach and features resort style amenities to include an ocean front pool. hot tub and cabanas, a lakefront clubhouse, zero entry pool, kids water park, grille/bar, fitness center and lounge area. Live your best life now in the lap of luxury. No required time frame to build . Quarterly fees include: HOA $400, Recreation $422 and POA (Property Owners Assn) $460

Last Agent to Sell the Property

Dawn Gould

License #3032486 Listed on: 01/05/2021

Last Buyer's Agent

HAMMOCK COASTAL REAL ESTATE, LLC Property Transfer

HAMMOCK COASTAL REAL ESTATE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,695

Lot Details

  • 6,011 Sq Ft Lot
  • 50 Feet of Waterfront
  • Lake Front
  • East Facing Home
  • Property is zoned PUD PUD

Listing and Financial Details

  • Assessor Parcel Number 4-11-31-3512-00010-0330

Community Details

Overview

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

Recreation

  • Recreation Facilities
  • Fitness Center

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,695

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6011
  • Directions to Property: Ocean Hammock to Cinnamon Beach Way to lot on right
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.92593
  • Price per Sq Ft: 15.39
  • Close to Original List Price Ratio: 0.92593
  • View: No
  • Tax Year: 2018
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 32

Exterior Features

  • Direction Faces: East
  • Waterfront: Yes
  • Road Surface Type: Concrete
  • Waterfront Frontage: 50

Garage/Parking

  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Special Community Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Gated, Recreation Facilities
  • Association Fee: 427
  • Association Name: Ocean Hammock
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD PUD
  • Parcel Number: 4-11-31-3512-00010-0330
  • Current Use: Other
  • Price Per Acre: 660714

Tax Info

  • Tax Annual Amount: 1695

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
Total Days on Market
19
Current Estimated Value
$187,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,833
Avg. Annual Appreciation
6.81%

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

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:

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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 Type Sale Price Title Company
Warranty Deed $142,500 Action Ttl Svcs Of St Johns
Warranty Deed $92,500 Action Ttl Svcs Of St Johns
Interfamily Deed Transfer -- None Available
Warranty Deed $308,000 Suncoast Title Insurance Age
Deed $206,900 --
Deed $195,900 --
Warranty Deed $92,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 Construction
Previous Owner $15,000,000 Unknown
Previous Owner $185,000 No Value Available
Previous Owner $300,000 New Conventional
Previous Owner $88,110 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
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
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

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Map

Source: Stellar MLS

MLS Number: FC263702

Stellar MLS

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