$825,000
SOLD JUL 6, 2023

Ocean Hammock 400 Cinnamon Beach Way Unit 321 Palm Coast, FL 32137

3 Beds
3 Baths
2,003 Sq Ft
$502/mo HOA Fee

Recently Sold

$412 Per Sq Ft

10% Above List Price

333 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Fitness Center
  • Old Kings Elementary School Rated A-
  • On Golf Course
  • Security Service

About This Home

As of July 2023

Rare end unit! An oceanfront oasis does not get more turnkey than this. With golf course to beach views, Cinnamon Beach Condo is the perfect setup whether you are purchasing for rental, as a second home or as your retirement dream. This end unit makes great use of light further enhancing the spacious feeling of this larger unit. With over 2,000 air-conditioned sq. ft. and an expansive balcony overlooking the golf course and beach, this is the largest plan in the community. Coming to you completely furnished and decorated with 3 bedrooms, 3 full baths and a large, open kitchen, dining and living area this luxurious retreat has plenty of room for guests. With expansive views of the beach and the Hammock Dunes golf course known for its' signature oceanfront holes, relaxation is assured. Community amenities include multiple beach walkover accesses, two pool complexes, a fitness center and clubhouse. Storage locker in garage for all your toys. Neither units, amenities nor beach access have sustained any notable damage from the recent hurricanes. This is the largest unit in the Cinnamon Beach Condos.

Last Agent to Sell the Property

Glen Hamilton

COLDWELL BANKER VANGUARD REALTY License #3411856 Listed on: 07/14/2022

COLDWELL BANKER VANGUARD REALTY

Last Buyer's Agent

NON MLS

NON MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,102

Year Built

  • Built in 2005

Lot Details

  • On Golf Course

HOA Fees

Parking

  • 2 Car Garage
  • Unassigned Parking

Home Design

  • Entry on the 2nd floor
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0411313513000000321

Community Details

Overview

  • Ocean Hammock Subdivision

Amenities

Recreation

  • Community Beach Access

Security

  • Security Service
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,102

Year Built

Built in 2005

Lot Details

0

HOA Fees

$502 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Subdivision Name: Ocean Hammock
  • Architectural Style: Flat
  • Entry Level: 2
  • General Property Information Living Area2: 2003.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Microwave: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Security Features Smoke Detector(s): Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Security Features Fire Sprinkler System: Yes
  • General Property Information Stories Total: 6
  • General Property Information Entry Level2: 2.0
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Entrance Foyer, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Major Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 2003.0
  • Stories: 6
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Waterfront: Yes
  • Exterior: Balcony
  • Lot Features: On Golf Course, Other
  • Construction Type: Stucco
  • Exterior Features:Balcony: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:On Golf Course: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Unassigned
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Unassigned: Yes

Utilities

  • Utilities: Cable Available, Cable Connected
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 967.0
  • Association Fee Frequency: Quarterly
  • Amenities: Beach Access, Clubhouse, Fitness Center, Security, Trash
  • Association #2 Fee: 540.0
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 967.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Trash: Yes
  • General Property Information:Association Fee 2: 540.0
  • Association Amenities:Security: Yes
  • Association Amenities:Beach Access: Yes

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 0411313513000000321

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Jun 30, 2023
Sold by
Scully John J
Bought by
Oberg Clifford and Porter Heike
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Alicia Delgado
ADAMS, CAMERON & CO., REALTORS
List Price
$775,000
Sold Price
$825,000
Premium/Discount to List
$50,000
6.45%
Total Days on Market
333
Current Estimated Value
$767,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,912
Avg. Annual Appreciation
-3.28%
Original Mortgage
$518,000
Outstanding Balance
$505,660
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$261,428

Purchase Details

Closed on
Sep 30, 2005
Sold by
Gaspar George S
Bought by
Scully John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed $825,000 None Listed On Document
Warranty Deed $825,000 None Listed On Document
Warranty Deed $721,000 --
Condominium Deed $682,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $518,000 New Conventional
Closed $518,000 New Conventional
Previous Owner $98,000 No Value Available
Previous Owner $182,400 New Conventional
Previous Owner $72,000 Credit Line Revolving
Previous Owner $576,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $825,000 -- --
07/06/2023 07/06/23 Sold $825,000 0.0% $412 / Sq Ft
07/06/2023 07/06/23 Sold $825,000 +6.5% $412 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
05/12/2023 05/12/23 Pending -- -- --
08/17/2022 08/17/22 For Sale $775,000 +3.3% $387 / Sq Ft
07/14/2022 07/14/22 For Sale $750,000 -- $374 / Sq Ft
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 $6,102 $527,310 -- $527,310
2023 $6,102 $354,470 $0 $0
2022 $5,334 $439,425 $0 $439,425
2021 $4,412 $292,950 $0 $292,950
2020 $4,268 $279,000 $0 $279,000
2019 $4,550 $293,400 $0 $293,400
2018 $4,444 $279,700 $0 $279,700
2017 $4,872 $304,700 $0 $0
2016 $4,970 $304,700 $0 $0
2015 $4,779 $290,200 $0 $0
2014 $4,745 $290,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1180858

realMLS (Northeast Florida Multiple Listing Service)

APN: 04-11-31-3513-00000-0321