NOT LISTED FOR SALE

Ocean Hammock 400 Cinnamon Beach Way Unit 333 Palm Coast, FL 32137

Estimated Value: $536,096 - $622,000

3 Beds
2 Baths
1,344 Sq Ft
$665/mo HOA Fee

Last Sold April 15, 2019

Last sale price $320,000 $238 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,332/month

122 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Contemporary Architecture
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Community Pool

About This Home

As of April 2019

Priceless views from this Golf and ocean view condo in Cinnamon Beach. Looking over the par 3 Ocean Hammock 8th hole and incredible ocean views as well. Large private patio with this model. Full tile except for bedrooms, granite counters, 42 inch cabinets, crown molding and more! Cinnamon Beach has an ocean front lap pool, family pool, kids splash zone and toddler pool, game room, clubhouse, business center and seasonal poolside cafe. Fully furnished for rental program excluding personal items. Keep it in the rental program when you are not using this slice of paradise or keep for your personal use. Cinnamon Beach is nestled in the Hammock area of Palm Coast. Just 20 min to St. Augustine, 30 min to Daytona 500, 60 min to Jacksonville and 90 min to all the Disney attractions in Orlando.

Last Agent to Sell the Property

PETER McKINLEY

REALTY EXECUTIVES OCEANSIDE License #3142834 Listed on: 10/11/2018

REALTY EXECUTIVES OCEANSIDE

Last Buyer's Agent

BRANKA DAMIANI

COASTAL GATEWAY REAL ESTATE GR License #3028869

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,211

Year Built

  • Built in 2005

Lot Details

  • Southwest Facing Home
  • Irrigation Equipment

HOA Fees

Parking

  • Parking Garage Space

Property Views

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Planned Development
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,344 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Security Gate

Outdoor Features

  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0411313513000000333
  • $51 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, maintenance structure, ground maintenance, pest control, trash
  • Cinnamon Beach Association
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Condos
  • Built by Centex
  • Ocean Hammock Subdivision, C Unit Floorplan

Recreation

Additional Features

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,211

Year Built

Built in 2005

Lot Details

0

HOA Fees

$665 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Structure, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Living Area: 1344
  • Year Built: 2005
  • Directions to Property: Hammock Dunes Parkway to Ocean Hammock main gate at hotel Trace Blvd...right turn to guard gate
  • Status: Sold
  • Floor Number: 3
  • Homestead Y N: No
  • Property Manager: MAY MANAGEMENT
  • Property Manager Phone: 386-446-0085
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.97264
  • Price per Sq Ft: 238.1
  • Close to Original List Price Ratio: 0.97264
  • View: Yes
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Other Equipment: Irrigation Equipment
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 400
  • Room Count: 2
  • Additional Rooms: Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Lighting
  • Roof: Tile
  • View: Golf Course
  • Patio and Porch Features: Open Patio
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Parking Features: Under Building
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Fitness Center, Gated, Pool
  • Association Fee: 517
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Gate, Security Lights
  • Senior Community: No
  • Management: Professional On Site
  • Complex Community Name NCCB: OCEAN HAMMOCK
  • Association #2 Fee: 445
  • Association #2 Fee Frequency: Quarterly
  • Association: May Management
  • Association Phone #2: 386-446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 0411313513000000333
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Centex

Rental Info

  • Minimum Lease: No Minimum
  • Pet Restrictions: yes; Pet Restrictions-See Remarks

Tax Info

  • Tax Annual Amount: 3211
  • Tax Other Annual Assessment Amount: 51

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2018
Closed on
Apr 9, 2019
Sold by
Toxey Andrew G
Bought by
Jacobs Alan W and Jacobs Sharon A
Seller's Agent
PETER McKINLEY
REALTY EXECUTIVES OCEANSIDE
Buyer's Agent
BRANKA DAMIANI
COASTAL GATEWAY REAL ESTATE GR
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%
Current Estimated Value
$592,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,437
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Oct 27, 2011
Sold by
Toxey Andrew G and Toxey Marlo A
Bought by
Toxey Andrew G

Purchase Details

Closed on
May 28, 2009
Sold by
Deloit Dave R and Wilson Matt
Bought by
Toxey Andrew G and Toxey Marlo A

Purchase Details

Closed on
Aug 22, 2005
Sold by
Centex Homes
Bought by
Deloit Dave R and Wilson Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Jacobs Alan W $320,000 Covenant Closing & Ttl Svcs
Toxey Andrew G -- Attorney
Toxey Andrew G $280,000 Suncoast Title Insurance Age
Deloit Dave R $525,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toxey Andrew G $150,000
Previous Owner Toxey Andrew G $100,000
Previous Owner Deloit Dave R $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $320,000 -2.7% $238 / Sq Ft
02/10/2019 02/10/19 Pending -- -- --
10/11/2018 10/11/18 For Sale $329,000 -- $245 / 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 $5,087 $437,940 -- $437,940
2023 $5,087 $294,393 $0 $0
2022 $4,436 $364,950 $0 $364,950
2021 $3,674 $243,300 $0 $243,300
2020 $3,730 $243,300 $0 $243,300
2019 $3,783 $243,300 $0 $243,300
2018 $3,667 $232,100 $0 $232,100
2017 $3,345 $208,000 $0 $0
2016 $3,409 $208,000 $0 $0
2015 $3,282 $198,300 $0 $0
2014 $3,264 $198,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC242411

Stellar MLS

APN: 04-11-31-3513-00000-0333