NOT LISTED FOR SALE

405 Cinnamon Dr Satellite Beach, FL 32937

Estimated Value: $436,195 - $492,000

3 Beds
2 Baths
1,552 Sq Ft
$295/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $202,000 $130 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,717/month

28 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Porch
  • Satellite Senior High School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of October 2015

At last you've found it, home! See yourself just minutes from the beach in this terrific home with plenty of charm and great opportunity. Three bedroom home has a nice, big kitchen with plenty of cabinets. You'll love the 2 car garage for storing those beach toys and keeping the car clean. Best of all, lots of tile throughout and newly tiled showers - so great for handling that beach sand you'll have in your toes all the time. Don't miss it! Highest and Best by Sept 4, noon.

Last Agent to Sell the Property

Reagan Masone

SunCoast Real Estate Group Listed on: 08/10/2015

Last Buyer's Agent

Amy Zimlich

Adair Real Estate Services LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,082

Year Built

  • Built in 1961

Lot Details

  • 9,148 Sq Ft Lot
  • North Facing Home
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,552 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Patio
  • Porch

Schools

  • Surfside Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Michigan Beach 2Nd Addn To Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 26-37-35-52-0000D.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,082

Year Built

Built in 1961

Lot Details

9,148 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Michigan Beach 2nd Addn To
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-37-35-52-0000D.0-0001.00
  • Location Tax and Legal Elementary School: Surfside
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 3081.76
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 1552.0
  • General Property Information Building Area Total3: 2036.0
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Lot Size Square Feet2: 9148.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 90.0 ft x 103.0 ft
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bathroom - Tub with Shower
  • Flooring: Carpet, Tile, Wood
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.21
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Dimensions: 90.0 ft x 103.0 ft
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-35-52-0000D.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3081.76

MLS Schools

  • Elementary School: Surfside
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Sep 16, 2015
Sold by
Pnc Mortgage
Bought by
Terry Franklin R
Seller's Agent
Reagan Masone
SunCoast Real Estate Group
Buyer's Agent
Amy Zimlich
Adair Real Estate Services LLC
List Price
$199,900
Sold Price
$202,000
Premium/Discount to List
$2,100
1.05%
Current Estimated Value
$457,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,799
Avg. Annual Appreciation
8.13%

Purchase Details

Closed on
Aug 20, 2014
Sold by
Palumbo Thomas J and Pnc Bank National Association
Bought by
Pnc Mortgage

Purchase Details

Closed on
Oct 12, 2005
Sold by
Coastline Holding Corp
Bought by
Palumbo Thomas J

Purchase Details

Closed on
Nov 20, 2003
Sold by
Traise Elena
Bought by
Fortner Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
11%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 16, 2003
Sold by
Vincent Barbara K and Vincent Dennis
Bought by
Traise Elena

Purchase Details

Closed on
Oct 3, 2002
Sold by
Defraties Steven P and Defraties Angela
Bought by
Vincent Norman B and Traise Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
6.21%

Purchase Details

Closed on
Jun 17, 1999
Sold by
Defraties Beverly
Bought by
Defraties Steven P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,952
Interest Rate
7.04%

Purchase Details

Closed on
Aug 25, 1997
Sold by
Defraties Beverly
Bought by
Serota Ann M

Purchase Details

Closed on
Oct 1, 1996
Sold by
Serota Ann M and Defraties Beverly
Bought by
Defraties Beverly

Purchase Details

Closed on
Dec 12, 1994
Sold by
Serota Ann M
Bought by
Serota Ann M and Defraties Beverly
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Terry Franklin R $202,000 Nationallink
Pnc Mortgage -- Attorney
Palumbo Thomas J -- --
Fortner Jennifer C $195,000 State Title
Traise Elena -- --
Vincent Norman B $142,000 --
Defraties Steven P $60,000 --
Serota Ann M -- --
Defraties Beverly -- --
Serota Ann M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fortner Jennifer C $140,000
Previous Owner Vincent Norman B $113,600
Previous Owner Defraties Steven P $65,952
Closed Fortner Jennifer C $57,419
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2015 10/09/15 Sold $202,000 +1.1% $130 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $199,900 -- $129 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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
2025 $3,248 $210,970 -- --
2024 $3,197 $205,030 -- --
2023 $3,197 $199,060 $0 $0
2022 $2,997 $193,270 $0 $0
2021 $3,090 $187,650 $0 $0
2020 $3,080 $185,060 $0 $0
2019 $3,060 $180,900 $0 $0
2018 $3,062 $177,530 $0 $0
2017 $2,880 $173,880 $0 $0
2016 $2,890 $170,310 $80,000 $90,310
2015 $3,489 $151,500 $70,000 $81,500
2014 $3,082 $127,090 $65,000 $62,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 732249

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-35-52-0000D.0-0001.00

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