NOT LISTED FOR SALE

Ocean Hammock 400 Cinnamon Beach Way Unit 361 Palm Coast, FL 32137

Estimated Value: $742,500 - $862,000

3 Beds
3 Baths
2,003 Sq Ft
$440/mo HOA Fee

Last Sold December 31, 2014

Last sale price $375,000 $187 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $5,465/month

1 Day on Market

Highlights

  • Property fronts gulf or ocean
  • Gated Community
  • Solid Surface Countertops
  • Old Kings Elementary School Rated A-
  • End Unit
  • Community Pool

About This Home

As of December 2014

A rare penthouse corner condo in a favorite building in Cinnamon Beach! You are overlooking the Atlantic Ocean and the Jack Nicklaus Signature Ocean Course with an amazing vantage point looking down the coast! Spacious 3 bedroom/3 bathroom floor plan featuring large windows along the side allowing for plenty of natural sunlight. This unit features magnificent 18' vaulted ceilings and tile throughout the living areas, a gorgeous kitchen with granite counters, stainless steel appliances and a cozy breakfast nook, elegant dining area, living room overlooking the ocean, luxurious master suite, giant tiled balcony with stunning ocean views in every direction! Private bathroom for each bedroom, slaundry room. The huge balcony is the perfect place to sit and watch the waves crash in! Scenic gated community with sensational amenities, including clubhouse with pool, direct oceanfront pool/ hot tub, bar/grille, kids' rec room, fitness room. Full golf membership available! Furnishings negotiable

Last Agent to Sell the Property

Luke O'Reilly

CINNAMON BEACH REALTY License #3171453 Listed on: 12/19/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,756

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Irrigation Equipment

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • Parking Garage Space

Property Views

Home Design

  • Tri-Level Property
  • Planned Development
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • Ceiling Fan
  • Blinds

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Security Gate

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0411313513000000361

Community Details

Overview

  • Association fees include 24-hour guard, insurance, ground maintenance, pest control, trash
  • Cinnamon Beach Association
  • Ocean Hammock Condos
  • Built by Centex
  • Ocean Hammock Subdivision

Recreation

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,756

Year Built

Built in 2005

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Insurance, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Living Area: 2003
  • Year Built: 2005
  • Lot Size Sq Ft: 2003
  • Directions to Property: Palm Coast Pkwy East over Hammock Dunes Bridge, then straight 1.5 miles to Ocean Hammock on the right.
  • Status: Sold
  • Floor Number: 6
  • Homestead Y N: No
  • Property Manager: May Management
  • Property Description: Corner Unit
  • Property Manager Phone: 904-940-9591
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.93985
  • Price per Sq Ft: 187.22
  • Close to Original List Price Ratio: 0.65217
  • View: Yes
  • Tax Year: 2013
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Other Equipment: Irrigation Equipment
  • Window Features: Blinds
  • Street Number Modifier: 400
  • Room Count: 2

Exterior Features

  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • View: Golf Course, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • 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
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Gated, Pool
  • Association Fee: 440
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Gate, Security Lights
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD
  • Parcel Number: 0411313513000000361
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Centex

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Allowed 25 - 50 lbs

Tax Info

  • Tax Annual Amount: 4756

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2014
Closed on
Dec 31, 2014
Sold by
Cinnamon Beach Partners Llc
Bought by
Pera Angelina C
Seller's Agent
Luke O'Reilly
CINNAMON BEACH REALTY
Buyer's Agent
Luke O'Reilly
HAMMOCK REAL ESTATE GROUP
List Price
$575,000
Sold Price
$375,000
Premium/Discount to List
-$200,000
-34.78%
Current Estimated Value
$813,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,675
Avg. Annual Appreciation
7.62%
Original Mortgage
$200,000
Interest Rate
4.04%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 31, 2005
Sold by
Centex Homes
Bought by
Gein Robert A
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
Pera Angelina C $375,000 None Available
Gein Robert A $926,500 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pera Angelina C $209,000
Closed Pera Angelina C $200,000
Closed Pera Angelina C $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2014 12/31/14 Sold $375,000 -34.8% $187 / Sq Ft
12/20/2014 12/20/14 Pending -- -- --
12/19/2014 12/19/14 For Sale $575,000 -- $287 / 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 $6,838 $592,020 -- $592,020
2023 $6,838 $397,969 $0 $0
2022 $5,984 $493,350 $0 $493,350
2021 $4,946 $328,900 $0 $328,900
2020 $5,021 $328,900 $0 $328,900
2019 $5,094 $328,900 $0 $328,900
2018 $4,978 $313,800 $0 $313,800
2017 $5,449 $341,200 $0 $0
2016 $5,559 $341,200 $0 $0
2015 $5,349 $325,200 $0 $0
2014 $5,308 $325,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luke O'Reilly

    Seller's Agent in 2014

    Luke O'Reilly

    CINNAMON BEACH REALTY

    (386) 246-9934

    244 in this area

    273 Total Sales

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About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC209529

Stellar MLS

APN: 04-11-31-3513-00000-0361

Florida Flagler County Palm Coast 32137

400 Cinnamon Beach Way Unit 361, Palm Coast, FL

This home is located at 400 Cinnamon Beach Way Unit 361, Palm Coast, FL 32137 since 19 December 2014 and is currently estimated at $829,875, approximately $414 per square foot. This property was built in 2005. 400 Cinnamon Beach Way Unit 361 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.

Stellar MLS 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. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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