Ocean Hammock 400 Cinnamon Beach Way Unit 345 Palm Coast, FL 32137
3
Beds
3
Baths
2,003
Sq Ft
$977/mo
HOA Fee
Highlights
- Property fronts gulf or ocean
- Fitness Center
- Sauna
- Old Kings Elementary School Rated A-
- Gated Community
- End Unit
About This Home
As of April 2021Gorgeous 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 & Lakeview condominiums and spectacular individual homes. All Cinnamon Beach Vacations guests enjoy access to the community's amenities.***New water heater 12/5/20, new dishwasher 11/21/20***
Last Agent to Sell the Property
HAMMOCK REAL ESTATE GROUP License #3294658 Listed on: 03/14/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,719
Year Built
- Built in 2004
Lot Details
- End Unit
- Southwest Facing Home
HOA Fees
Parking
- Parking Garage Space
Property Views
Home Design
- Planned Development
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,003 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Window Treatments
- Storage Room
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security Lights
- Security Gate
Outdoor Features
- Balcony
- Exterior Lighting
- Rear Porch
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 04-11-31-3513-00000-0345
- $59 per year additional tax assessments
Community Details
Overview
- Association fees include 24-hour guard, maintenance structure, ground maintenance
- Cinnamon Beach Association
- May Association
- Ocean Hammock Condos
- Built by Centex
- Ocean Hammock Subdivision
Amenities
- Sauna
- Elevator
Recreation
Security
- Gated Community
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
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
Similar Homes in Palm Coast, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | $480,000 | Paradise Ttl Of St Augustine | |
| Condominium Deed | $759,200 | Commerce Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $384,000 | New Conventional | |
| Previous Owner | $607,000 | New Conventional |
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: Stellar MLS
Tax History Compared to Growth
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
-
Seller's Agent in 2021
Luke Oreilly
HAMMOCK REAL ESTATE GROUP
(386) 246-9934
115 in this area
128 Total Sales
-
Seller's Agent in 2021
Jason Massey
HAMMOCK REAL ESTATE GROUP
(321) 439-9269
29 in this area
31 Total Sales
-
Buyer's Agent in 2021
Luke O'Reilly
HAMMOCK REAL ESTATE GROUP
(386) 246-9934
245 in this area
274 Total Sales
About Ocean Hammock
Map
Source: Stellar MLS
MLS Number: FC236968
APN: 04-11-31-3513-00000-0345
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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