NOT LISTED FOR SALE

35 Cinnamon Beach Way Palm Coast, FL 32137

Estimated Value: $202,408 - $218,000

0.13 Acre
$1,616,954 Price per Acre
5,663 Sq Ft Lot

Last Sold July 06, 2021

Last sale price $160,000

Est. 31% increase in value since last sale

Current estimated payment $1,587/month

Highlights

  • Fitness Center
  • Security Service
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Waterfront

About This Lot

As of July 2021

The perfect lot to build your dream home.....building that home you will enjoy from your back lanai watching sunsets while overlooking golf course and sunrises over lake and ocean by your front porch ......steps to a cinnamon colored beach.......amenities consist of lakeside pool with zero-entry/kiddie pool and a clubhouse that consists of exercise room, cafe, teen lounge and adult lounge...oceanside pool with breathtaking views and access to beach....Cinnamon Beach offers both bike and walking paths....Ideally located between St.Augustine and Daytona Beach, ....conveniently located near 3 airports.....make an offer, this property won't last long...

Last Agent to Sell the Property

Luke Oreilly

HAMMOCK REAL ESTATE GROUP License #3289767 Listed on: 04/27/2021

Last Buyer's Agent

Luke Oreilly

HAMMOCK REAL ESTATE GROUP License #3289767 Listed on: 04/27/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,550

Lot Details

  • 5,663 Sq Ft Lot
  • Waterfront
  • Cleared Lot
  • Zoning described as PUD

HOA Fees

  • $340 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 0411313512000100150

Community Details

Overview

  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision

Recreation

  • Fitness Center

Additional Features

  • Clubhouse
  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$2,550

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.13
  • Lot Size: irregular
  • Road Surface Type: Asphalt
  • Subdivision Name: Ocean Hammock
  • Sewer:Public Sewer: Yes
  • Special Features: None

Exterior Features

  • Waterfront: Yes
  • Lot Features: Cleared, Other
  • View: Water
  • Waterfront Features:Lake Front: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1019.0
  • Association Fee Frequency: Quarterly
  • Amenities: Clubhouse, Fitness Center, Security
  • Association Name: May Management
  • Phone: 386-446-0085
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1019.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association Name: May Management
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Security: Yes

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 0411313512000100150
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jul 6, 2021
Sold by
Bijou Developments Llc
Bought by
Nikzad Mehrdad
Seller's Agent
Luke Oreilly
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Luke Oreilly
HAMMOCK REAL ESTATE GROUP
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Total Days on Market
0
Current Estimated Value
$210,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,204
Avg. Annual Appreciation
7.21%

Purchase Details

Listed on
May 20, 2019
Closed on
Dec 31, 2020
Sold by
Adams Gencarelli Kathleen
Bought by
Bijou Developments Llc
Seller's Agent
Luke Oreilly
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Luke Oreilly
HAMMOCK REAL ESTATE GROUP
List Price
$143,500
Sold Price
$90,000
Premium/Discount to List
-$53,500
-37.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
209.00%

Purchase Details

Closed on
Jan 14, 2004
Sold by
Marchello Dennis and Wall Yvette B
Bought by
Lyden Pete

Purchase Details

Closed on
Jul 20, 2003
Sold by
Centex Land Inv Ii L L C
Bought by
Gencarelli George R and Adams Gencarelli Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,710
Interest Rate
5.24%
Source: Public Records

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Range of Values:

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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
Nikzad Mehrdad $160,000 Title Chain Inc
Bijou Developments Llc $90,000 Title Chain Inc
Lyden Pete $205,000 --
Gencarelli George R $271,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellagio Custom Homes Llc $450,000
Previous Owner Pid Group Llc $260,000
Previous Owner Seagate Communities Inc $225,000
Previous Owner Gencarelli George R $273,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $90,000 -- --
07/06/2021 07/06/21 Sold $160,000 -8.6% --
04/27/2021 04/27/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $175,000 +94.4% --
12/31/2020 12/31/20 Sold $90,000 -37.3% --
12/15/2020 12/15/20 Pending -- -- --
05/20/2019 05/20/19 For Sale $143,500 -- --
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $2,550 $170,000 $170,000 --
2023 $2,550 $157,300 $0 $0
2022 $2,100 $143,000 $143,000 $0
2021 $1,389 $89,500 $89,500 $0
2020 $1,130 $71,000 $71,000 $0
2019 $1,284 $80,000 $80,000 $0
2018 $1,313 $80,000 $80,000 $0
2017 $1,261 $80,000 $80,000 $0
2016 $1,392 $66,550 $0 $0
2015 $1,287 $60,500 $0 $0
2014 $1,010 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1106908

realMLS (Northeast Florida Multiple Listing Service)

APN: 04-11-31-3512-00010-0150