NOT LISTED FOR SALE

42 Cinnamon Beach Way Palm Coast, FL 32137

Estimated Value: $881,034 - $1,182,000

0.14 Acre
$7,483,993 Price per Acre
6,000 Sq Ft Lot

Last Sold February 27, 2019

Last sale price $110,000

Est. 853% increase in value since last sale

Current estimated payment $6,344/month

397 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Recreation Facilities

About This Lot

As of February 2019

Beautiful cleared lakefront lot walking distance to the ocean in the elite gated community of Cinnamon Beach at Ocean Hammock. Build the house of your dreams and feel like you are on a permanent vacation is this pristine beach front setting which offers an ocean front pool, hot tub and cabanas, a lakefront clubhouse and zero-entry pool, kids water park, grille/bar, fitness center and lounge area. It's the lap of luxury waiting for you. BEACH LIFE DOESN'T GET ANY BETTER...... located in the gated community of Cinnamon Beach at Ocean Hammock. This oceanfront home site is the perfect location for your vacation or primary residence on a pristine and quiet beach. World Class amenities include an oceanfront pool, lakeside pool with splash park, clubhouse, teen room, fitness center, lounge and cafe, bike paths and more. Wake to the sound of the surf and gorgeous sunrises from the balcony of your custom home. No required time frame to build.

Last Agent to Sell the Property

James Angelo

FLORIDA HOMES REALTY & MORTGAGE License #3050707 Listed on: 01/27/2018

FLORIDA HOMES REALTY & MORTGAGE

Last Buyer's Agent

Ann Gordon

RE/MAX SELECT PROFESSIONALS License #3282712

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,695

Lot Details

  • 6,000 Sq Ft Lot
  • Lake Front
  • East Facing Home
  • Cleared Lot
  • Property is zoned PUD PUD

Property Views

  • Water Views

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0280

Community Details

Overview

  • Property has a Home Owners Association
  • Ocean Hammock Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision
  • The community has rules related to building or community restrictions

Recreation

  • Recreation Facilities
  • Fitness Center

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,695

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6000
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.91743
  • Price per Sq Ft: 18.33
  • Close to Original List Price Ratio: 0.91743
  • View: No
  • Tax Year: 2017
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: East
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Special Community Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Gated, Recreation Facilities
  • Association Fee: 3852
  • Association Name: Ocean Hammock
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD PUD
  • Parcel Number: 04-11-31-3512-00010-0280
  • Current Use: Other
  • Lot Features: Cleared, Other
  • Price Per Acre: 785714
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1695

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Machado Ramiro Agostinho and Machado Maria Luisa
Bought by
Ramiro And Maria Machado Trust and Machado
Current Estimated Value
$1,047,759

Purchase Details

Listed on
Jan 27, 2018
Closed on
Feb 19, 2019
Sold by
Equity Trust Company
Bought by
Machado Maria and Machado Ramiro
Seller's Agent
James Angelo
FLORIDA HOMES REALTY & MORTGAGE
Buyer's Agent
Ann Gordon
RE/MAX SELECT PROFESSIONALS
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.44%

Purchase Details

Closed on
Sep 28, 2011
Sold by
Kring Sarah
Bought by
Equity Trust Company

Purchase Details

Closed on
Oct 7, 2010
Sold by
Fiserv Iss & Co
Bought by
Kring Sarah

Purchase Details

Closed on
Aug 5, 2005
Sold by
Beach Coast Investments Llc
Bought by
Fiserv Iss & Co

Purchase Details

Closed on
Jul 15, 2003
Sold by
Centex Land Inv Ii L L C
Bought by
Bch Coast Inv L L C

Purchase Details

Closed on
Dec 20, 2000
Sold by
Northshore Hammock L P
Bought by
Lockhart Kevin A and Lockhart Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,510
Interest Rate
7.72%

Purchase Details

Closed on
Dec 21, 1999
Sold by
Northside Hammock L P
Bought by
Lockhart Kevin A and Lockhart Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,900
Interest Rate
7.8%

Purchase Details

Closed on
Dec 20, 1999
Sold by
Northshore Hammock L P
Bought by
Hugus Philip L and Hugus Marcia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,900
Interest Rate
7.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ramiro And Maria Machado Trust $100 None Listed On Document
Machado Maria $110,000 Action Title Svcs Of St John
Equity Trust Company -- None Available
Kring Sarah -- None Available
Fiserv Iss & Co $280,000 --
Bch Coast Inv L L C $239,900 --
Lockhart Kevin A $228,900 --
Lockhart Kevin A -- --
Lockhart Kevin A $92,900 --
Hugus Philip L $92,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lockhart Kevin A $210,510
Previous Owner Lockhart Kevin A $92,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2019 02/27/19 Sold $110,000 -8.3% --
02/27/2019 02/27/19 Pending -- -- --
01/26/2018 01/26/18 For Sale $119,900 -- --
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
2025 $9,983 $693,971 $165,920 $528,051
2024 $9,919 $744,737 $165,920 $578,817
2023 $9,919 $564,910 $0 $0
2022 $8,412 $634,216 $187,000 $447,216
2021 $7,234 $466,868 $106,500 $360,368
2020 $1,904 $106,500 $106,500 $0
2019 $1,797 $113,500 $113,500 $0
2018 $1,784 $110,000 $110,000 $0
2017 $1,755 $110,000 $110,000 $0
2016 $1,696 $95,832 $0 $0
2015 $1,636 $87,120 $0 $0
2014 $1,454 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Angelo

    Seller's Agent in 2019

    James Angelo

    FLORIDA HOMES REALTY & MORTGAGE

    (904) 966-9115

    6 in this area

    135 Total Sales

    James Angelo
    Section Image
  • Ann Gordon

    Buyer's Agent in 2019

    Ann Gordon

    RE/MAX

    (386) 931-7452

    54 in this area

    81 Total Sales

    Ann Gordon
    Section Image
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Map

Source: Stellar MLS

MLS Number: FC235599

Stellar MLS

APN: 04-11-31-3512-00010-0280

Florida Flagler County Palm Coast 32137

42 Cinnamon Beach Way, Palm Coast, FL

Not Listed for Sale

Lots

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

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