NOT LISTED FOR SALE

Ocean Hammock 400 Cinnamon Beach Way Unit 345 Palm Coast, FL 32137

Estimated Value: $660,268 - $812,000

3 Beds
3 Baths
2,003 Sq Ft
$517/mo HOA Fee

Last Sold April 01, 2021

Last sale price $480,000 $240 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,242/month

Highlights

  • Ocean Front
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • 24-Hour Security
  • Corner Lot

About This Home

As of April 2021

Gorgeous 4th floor signature ocean and golf view CORNER unit in Cinnamon Beach. Tons of natural light with windows spanning the entire east side of this condo. Unit 345 sports the largest floor plan in the community over 2000 sq ft!! Just a short walk to the beach and amenities! Unit 345 offers rental income opportunity. Please inquire with Agent regarding Cinnamon Beach Vacations rental program!! Cinnamon Beach is a privately-gated neighborhood within the exclusive community of Ocean Hammock, a tranquil coastal gem located in Palm Coast, Florida, just 20 minutes south of St. Augustine, 30 minutes north of Daytona Beach and 75 minutes east of Orlando. Featuring 2.5 miles of pristine cinnamon-colored beach, the community features a harmonious blend of magnificent Oceanfront, Ocean/Golf View View

Last Agent to Sell the Property

Luke Oreilly

HAMMOCK REAL ESTATE GROUP License #3289767 Listed on: 03/29/2021

Last Buyer's Agent

Luke Oreilly

HAMMOCK REAL ESTATE GROUP License #3289767 Listed on: 03/29/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,527

Year Built

  • Built in 2004

Lot Details

  • Front and Back Yard Sprinklers

HOA Fees

  • $517 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Tile Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • Furnished
  • Entrance Foyer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0411313513000000345

Community Details

Overview

  • Association fees include insurance, ground maintenance, security, trash
  • Cinnamon Beach Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Spa
  • Jogging Path

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,527

Year Built

Built in 2004

Lot Details

0

HOA Fees

$517 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Attached Yn: Yes
  • New Construction: No
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Subdivision Name: Ocean Hammock
  • Entry Level: 4
  • 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
  • General Property Information Furnished: Furnished
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Association Phone: 386-446-0085
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Entry Level2: 4.0
  • Security Features:_two_4 Hour Security: Yes
  • ViewOcean: Yes
  • Roof:Tile2: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Major Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Furnished: Furnished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 2003.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Entrance Foyer: Yes
  • Pool Features:Community: Yes

Exterior Features

  • Waterfront: Yes
  • Roof: Tile
  • Lot Features: Corner Lot, Sprinklers In Front, Sprinklers In Rear
  • Pool Features: Community
  • View: Golf Course, Ocean
  • Waterfront Features: Ocean Front
  • Construction Type: Concrete, Stucco
  • Construction Materials:Concrete: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Corner Lot: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Underground
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Underground2: Yes

Utilities

  • Utilities: Cable Available
  • Security: 24 Hour Security
  • 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: 517.0
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Fitness Center, Jogging Path, Laundry, Management - Full Time, Management - Off Site, Security, Spa/Hot Tub, Trash
  • Association Name: Cinnamon Beach
  • Phone: 386-446-0085
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 517.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association Name: Cinnamon Beach
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Amenities:Trash: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Amenities:Laundry: Yes
  • Association Amenities:Security: Yes
  • Association Fee Includes:Security2: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Security, Trash

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 0411313513000000345

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2021
Sold by
Perry Andrew S and Perry June M
Bought by
Perry Andrew S and Perry Andrew S
Current Estimated Value
$748,518

Purchase Details

Listed on
Mar 29, 2021
Closed on
Mar 31, 2021
Sold by
Rauseo Paul W and Threatt Curtis L
Bought by
Perry Andrew S and Perry June M
Seller's Agent
Luke Oreilly
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Luke Oreilly
HAMMOCK REAL ESTATE GROUP
List Price
$489,000
Sold Price
$480,000
Premium/Discount to List
-$9,000
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$384,000
Outstanding Balance
$349,411
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$396,156

Purchase Details

Closed on
Sep 9, 2005
Sold by
Centex Homes
Bought by
Rauseo Paul W and Threatt Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,000
Interest Rate
7.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Perry Andrew S -- Accommodation
Perry Andrew S $480,000 Paradise Ttl Of St Augustine
Rauseo Paul W $759,200 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Andrew S $384,000
Previous Owner Rauseo Paul W $607,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $480,000 -- --
04/01/2021 04/01/21 Sold $480,000 0.0% $240 / Sq Ft
04/01/2021 04/01/21 Sold $480,000 -1.8% $240 / Sq Ft
03/29/2021 03/29/21 For Sale $489,000 0.0% $244 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
12/07/2020 12/07/20 Pending -- -- --
03/13/2018 03/13/18 For Sale $489,000 -- $244 / 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 $7,527 $548,100 -- $548,100
2023 $7,527 $502,425 $0 $0
2022 $6,624 $456,750 $0 $456,750
2021 $4,584 $304,500 $0 $304,500
2020 $4,434 $290,000 $0 $290,000
2019 $4,719 $304,400 $0 $304,400
2018 $4,616 $290,700 $0 $290,700
2017 $5,046 $315,700 $0 $0
2016 $5,147 $315,700 $0 $0
2015 $4,958 $301,200 $0 $0
2014 $4,927 $301,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luke Oreilly

    Seller's Agent in 2021

    Luke Oreilly

    HAMMOCK REAL ESTATE GROUP

    (386) 246-9934

    115 in this area

    128 Total Sales

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  • Jason Massey

    Seller's Agent in 2021

    Jason Massey

    HAMMOCK REAL ESTATE GROUP

    (321) 439-9269

    29 in this area

    31 Total Sales

    Section Image
  • Luke O'Reilly

    Buyer's Agent in 2021

    Luke O'Reilly

    HAMMOCK REAL ESTATE GROUP

    (386) 246-9934

    245 in this area

    274 Total Sales

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About Ocean Hammock

Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1101950

realMLS (Northeast Florida Multiple Listing Service)

APN: 04-11-31-3513-00000-0345

Florida Flagler County Palm Coast 32137

400 Cinnamon Beach Way Unit 345, Palm Coast, FL

This home is located at 400 Cinnamon Beach Way Unit 345, Palm Coast, FL 32137 since 29 March 2021 and is currently estimated at $745,567, approximately $372 per square foot. This property was built in 2004. 400 Cinnamon Beach Way Unit 345 is a home located in Flagler County with nearby schools including Old Kings Elementary School, Indian Trails Middle School, and Matanzas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

realMLS (Northeast Florida Multiple Listing Service) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.

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