$535,000
SOLD APR 17, 2013

38 Ocean Ridge Blvd N Palm Coast, FL 32137

0.25 Acre
$2,140,000 Price per Acre
10,890 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

14% Below List Price

208 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Golf Course Community
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Fitness Center
  • Sauna

About This Lot

As of May 2019

EXPERIENCE THE TRANQUILITY OF OCEANFRONT LIVING. THIS WIDE OCEANFRONT HOMESITE IS ON THE NORTH END OF OCEAN RIDGE. NO HOMES CAN BE BUILT IN FRONT OF YOUR PROPERTY, SO MORE PRIVACY. BEAUTIFUL OCEAN WALKOVER STEPS AWAY TO ENJOY ALL THE ATLANTIC HAS TO OFFER (SHARED ONE-TIME CONSTRUCTION COST OF $15K REQUIRED BY BUYER TO ALLOW ACCESS). ENJOY THE HAMMOCK BEACH CLUB, WITH EXCHANGE MEMBERSHIP AVAILABLE. CALL TO SCHEDULE A TOUR.; Paid Sewer:0;

Last Agent to Sell the Property

Dave Franklin

COASTAL GATEWAY REAL ESTATE GR License #3018235 Listed on: 09/14/2012

Last Buyer's Agent

LAURENT ALVES

HAMMOCK REAL ESTATE GROUP License #3102187

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,932

Lot Details

  • 0.25 Acre Lot
  • 70 Feet of Waterfront
  • Property fronts gulf or ocean
  • West Facing Home
  • Property is zoned PUD SINGLE FAMILY

Additional Features

  • Water Views
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-4900-00000-0250

Community Details

Overview

  • Property has a Home Owners Association
  • Leland Group Association, Phone Number (386) 322-0106
  • Ocean Hammock Condos
  • Ocean Hammock Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Golf Course Community
  • Fitness Center

Property Details

Property Type

Land

Est. Annual Taxes

$5,932

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Sq Ft: 10345
  • Directions to Property: HAMMOCK DUNES PWKY TO OH/CB ENTRANCE - TO STOP SIGN; TK RT THEN ALL THE WAY TO OCEAN; GO N ON ORIDGE;PROPERTY ON RT BETWEEN LAST TWO HOMES ON OCEAN
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.90832
  • Price per Sq Ft: 51.72
  • Close to Original List Price Ratio: 0.856
  • View: No
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 38

Exterior Features

  • Direction Faces: West
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View Y N: Yes
  • Waterfront Frontage: 70

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: 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: Deed Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Golf Course, Sauna
  • Association Fee: 1668
  • Association Name: LeLand Group
  • Phone: 386-322-0106
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD SINGLE FAMILY
  • Parcel Number: 04-11-31-4900-00000-0250
  • Current Use: Other
  • Fencing: Other
  • Lot Features: Other
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5932

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 24, 2019
Sold by
Hornsby Christopher and Hornsby Trina
Bought by
Trotter Virge J and Trotter Jeanella N
Seller's Agent
Luke Oreilly
Hammock Real Estate Group
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$1,900,000
Sold Price
$1,900,000
Current Estimated Value
$3,047,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,147,060
Avg. Annual Appreciation
8.73%

Purchase Details

Listed on
Sep 14, 2012
Closed on
Apr 17, 2013
Sold by
Chiumento Kristi A and Chiumento Michael D
Bought by
Hornsby Christopher and Hornsby Trina
Seller's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
LAURENT ALVES
HAMMOCK REAL ESTATE GROUP
List Price
$625,000
Sold Price
$535,000
Premium/Discount to List
-$90,000
-14.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.09%

Purchase Details

Closed on
Jul 8, 2002
Sold by
Karaoulchtchikov Oteg
Bought by
Wood Stephen R and Derr Haria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,500
Interest Rate
6.75%

Purchase Details

Closed on
Nov 7, 1997
Sold by
Lowe Ocean Hammock Ltd
Bought by
Karaoulchtchikov Oleg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.31%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,900,000 Title Chain Inc
Warranty Deed $535,000 Pioneer Title Services Llc
Warranty Deed $735,000 --
Warranty Deed $405,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $815,000 Construction
Previous Owner $518,323 New Conventional
Previous Owner $656,500 No Value Available
Previous Owner $1,770,000 New Conventional
Previous Owner $210,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $1,900,000 0.0% $348 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
04/10/2018 04/10/18 For Sale $1,900,000 +255.1% $348 / Sq Ft
04/17/2013 04/17/13 Sold $535,000 -14.4% $98 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
09/14/2012 09/14/12 For Sale $625,000 -- $114 / 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 $23,832 $1,723,016 -- --
2023 $23,832 $1,672,831 $0 $0
2022 $23,174 $1,624,108 $0 $0
2021 $23,129 $1,576,804 $0 $0
2020 $23,151 $1,555,034 $530,000 $1,025,034
2019 $24,634 $1,590,034 $565,000 $1,025,034
2018 $26,165 $1,653,267 $545,000 $1,108,267
2017 $24,612 $1,594,291 $545,000 $1,049,291
2016 $24,019 $1,390,369 $0 $0
2015 $20,865 $1,263,972 $0 $0
2014 $7,521 $450,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC191201

Stellar MLS

APN: 04-11-31-4900-00000-0250