NOT LISTED FOR SALE

Ocean Hammock 400 Cinnamon Beach Way Unit 334 Palm Coast, FL 32137

Estimated Value: $601,147 - $777,000

3 Beds
2 Baths
1,682 Sq Ft
$664/mo HOA Fee

Last Sold May 08, 2019

Last sale price $350,000 $208 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,803/month

58 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Sauna
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Solid Surface Countertops

About This Home

As of May 2019

GOLF AND OCEAN VIEWS FROM THIS 3RD FLOOR 3BED-2BATH CONDO IN CINNAMON BEACH. ENJOY THE 8TH HOLE OCEAN COURSE VIEWS AND WONDERFUL OCEAN VIEWS AND BREEZES FROM YOUR SPACIOUS PATIO. OFFERED WITH MOST FURNISHING INCLUDED. INTERIOR LAYOUT IS SPECTACULAR WITH GORGEOUS MODERN DESIGN UPGRADES WITH LIGHT FIXTURES AND SHELFING. THIS IS IN A STRONG RENTAL PROGRAM SO CAN TAKE OVER TO ENJOY THE COMMUNITY AND HAVE TO OFFSET EXPENSES. THE FAMILY WILL ENJOY ON-SITE AMENITIES SUCH AS THE OCEANFRONT POOL ON A BLUFF WITH OCEAN VIEWS FROM YOUR LOUNGE CHAIR, THE LAKESIDE POOL AND KIDS SPLASH ZONE, RESTAURANT, EXERCISE ROOM, AND TWO GAME ROOMS. YOUR RENTAL GUESTS (RENTAL READY) WILL ENJOY EVERYTHING AS WELL. CALL TO SCHEDULE A TOUR.

Last Agent to Sell the Property

Dave Franklin

COASTAL GATEWAY REAL ESTATE GR License #3018235 Listed on: 02/05/2019

Last Buyer's Agent

Dave Franklin

COASTAL GATEWAY REAL ESTATE GR License #3018235 Listed on: 02/05/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,210

Year Built

  • Built in 2005

Lot Details

HOA Fees

Parking

  • Parking Garage Space

Property Views

Home Design

  • Planned Development
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,682 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Window Treatments
  • Tile Flooring
  • Security Lights

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio
  • Exterior Lighting
  • Rear Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0334
  • $59 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, insurance, maintenance structure, ground maintenance, trash
  • Cinnamon Beach Association
  • Ohpoa Association
  • Ocean Hammock Condos
  • Built by CENTEX
  • Ocean Hammock Subdivision

Amenities

  • Sauna
  • Elevator

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,210

Year Built

Built in 2005

Lot Details

0

HOA Fees

$664 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Insurance, Maintenance Structure, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Living Area: 1682
  • Year Built: 2005
  • Directions to Property: HAMMOCK DUNES PKWY TO OCEAN HAMMOCK/CINNAMON BEACH GATE; ONE IN, GO TO STOP SIGN AND TAKE LEFT TO HEAD INTO CINNAMON BEACH; CONDO BUILDING ON THE NORTH END OF THE COMMUNITY.
  • 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: 0.90909
  • Price per Sq Ft: 208.09
  • Close to Original List Price Ratio: 0.90909
  • View: Yes
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Stories: 3
  • Street Number Modifier: 400
  • Room Count: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • View: Golf Course
  • Waterfront: Yes
  • Patio and Porch Features: Open Patio, Rear Porch
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Parking Features: Under Building
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Cable TV, Fitness Center, Gated, Pool, Sauna
  • Association Fee: 516.29
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Lights
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK
  • Association #2 Fee: 445
  • Association #2 Fee Frequency: Quarterly
  • Association: OHPOA
  • Association Phone #2: .

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0334
  • Lot Features: Other
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: CENTEX

Rental Info

  • Minimum Lease: 1 Week
  • Pet Restrictions: Allowed 50-100 lbs

Tax Info

  • Tax Annual Amount: 4210
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2019
Closed on
Jun 6, 2019
Sold by
Krueger Scott D
Bought by
Amerson James R and Amerson Laurie A
Seller's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
List Price
$385,000
Sold Price
$350,000
Premium/Discount to List
-$35,000
-9.09%
Current Estimated Value
$667,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,804
Avg. Annual Appreciation
10.80%

Purchase Details

Listed on
Feb 5, 2019
Closed on
May 8, 2019
Sold by
Amerson James R and Amerson Laurie A
Bought by
Krueger Scott D
Seller's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
List Price
$385,000
Sold Price
$350,000
Premium/Discount to List
-$35,000
-9.09%

Purchase Details

Closed on
Jul 21, 2005
Sold by
Centex Homes
Bought by
Amerson James R and Amerson Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,750
Interest Rate
5.25%
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
Amerson James R -- Title Chain Inc
Krueger Scott D $350,000 Title Chain Inc
Amerson James R $618,500 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amerson James R $494,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2019 05/08/19 Sold $350,000 -9.1% $208 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $385,000 -- $229 / 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 $5,788 $499,680 -- $499,680
2023 $5,788 $335,896 $0 $0
2022 $5,057 $416,400 $0 $416,400
2021 $4,184 $277,600 $0 $277,600
2020 $4,247 $277,600 $0 $277,600
2019 $4,308 $277,600 $0 $277,600
2018 $4,210 $264,800 $0 $264,800
2017 $4,169 $260,200 $0 $0
2016 $4,251 $260,200 $0 $0
2015 $4,092 $248,000 $0 $0
2014 $4,071 $248,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC245338

Stellar MLS

APN: 04-11-31-3513-00000-0334