NOT LISTED FOR SALE

47 Cinnamon Beach Way Palm Coast, FL 32137

Estimated Value: $780,674 - $884,000

3 Beds
3.5 Baths
2,205 Sq Ft
$386/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $520,000 $236 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,484/month

22 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Gated Community
  • Old Kings Elementary School Rated A-
  • Fitness Center
  • Golf Course View

About This Home

As of October 2020

This is a unique opportunity to own a beautifully appointed home in the popular gated, beachfront vacation destination of Cinnamon Beach and overlooking the 7th green of the Ocean Course. Absolutely immaculate, newly renovated 3 Bed 3.5 Bath with 2 Car tandem garage. Home features beautiful, open, split bedroom floor plan with enough room for all your family and friends. 2 Family rooms and 2 king master suites and a queen BR. All bedrooms are on suites with their own bathrooms. Upstairs main floor living has beautiful white open kitchen with white granite counters open into a cozy family room with beautiful lake and golf course views as well as breathtaking sunsets. 2 levels of large outdoor balconies is perfect for enjoying year round amazing ocean breeze. Expansive tile flooring runs through the whole house and two decks, with high end carpeting in all the bedrooms. Just a short stroll to the beach and beautiful amenities 2 Pools, Gym, Game rooms and Cafe. Perfect vacation ren

Last Agent to Sell the Property

Alina Pekarsky

VIRTUAL HOMES REALTY License #3118291 Listed on: 08/20/2020

Last Buyer's Agent

Maryna Onishchenko

FLORIDA DREAMS PROPERTIES INC License #3439792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,083

Year Built

  • Built in 2004

Lot Details

  • 5,706 Sq Ft Lot
  • Lake Front
  • East Facing Home
  • Property is zoned PUD

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Block Exterior
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,205 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Golf Course Views
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Homestead Exemption
  • Assessor Parcel Number 04-11-31-3512-00010-0210

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-hour guard, ground maintenance
  • Ocean Hammock Association, Phone Number (904) 461-9708
  • Ocean Hammock Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,083

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco, Vinyl Siding
  • Living Area: 2205
  • Lot Size Acres: 0.13
  • Year Built: 2004
  • Lot Size Sq Ft: 5706
  • Directions to Property: Hammock Dunes Pkwy, Right onto Hotel Trace through Ocean Hammock Gate. Left at Ocean Way Blvd into Cinnamon Beach. Go around traffic circle & exit to left on Cinnamon Beach Way. Home is on the left
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: Yes
  • Property Manager: May Management
  • Property Manager Phone: 904-461-9708
  • Ratio: Close Price\List Price: 0.96314
  • Price per Sq Ft: 235.83
  • Close to Original List Price Ratio: 0.94563
  • View: Yes
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Total Bedrooms: 3
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 47
  • Room Count: 11

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony
  • Roof: Tile
  • View: Golf Course
  • Patio and Porch Features: Covered, Front Porch, Open Patio, Patio, Rear Porch
  • Road Surface Type: Paved

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Clubhouse, Fitness Center, Gated, Golf Course, Trail(s)
  • Association Fee: 1267
  • Association Name: Ocean Hammock
  • Phone: 904-461-9708
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3512-00010-0210
  • Price Per Acre: 4000000

Tax Info

  • Tax Annual Amount: 5083

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2023
Sold by
Fischer James M
Bought by
James And Katherine Fischer Living Trust
Total Days on Market
22
Current Estimated Value
$851,919

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 20, 2020
Sold by
Bunch Joseph G and Bunch Linda A
Bought by
Fischer James M
Seller's Agent
Alina Pekarsky
VIRTUAL HOMES REALTY
Buyer's Agent
Maryna Onishchenko
FLORIDA DREAMS PROPERTIES INC
List Price
$549,900
Sold Price
$520,000
Premium/Discount to List
-$29,900
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$390,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2019
Sold by
Bunch Joseph G
Bought by
Bunch Joseph G and Bunch Linda A

Purchase Details

Listed on
Jan 14, 2017
Closed on
Apr 17, 2017
Sold by
Smith Jennifer Stine and Smith Jaffery R
Bought by
Bunch Joseph G
Seller's Agent
Karla Goodman
TRADEMARK REALTY GROUP LLC
Buyer's Agent
Sal Lazzano
REALTY EXECUTIVES OCEANSIDE
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$308,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2003
Sold by
Centex Land Inv Ii L L C
Bought by
Smith Jennifer Stine and Smith Jeffery R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,650
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2000
Sold by
Northshore Ocean Hammock Inv L P
Bought by
Berenson Joel

Purchase Details

Closed on
May 31, 2000
Sold by
Northsore Hammock L P
Bought by
Berenson Joel

Purchase Details

Closed on
Feb 28, 2000
Sold by
Northshore Hammock L P
Bought by
Doyle Scott P and Doyle Jill B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
8.29%
Source: Public Records

Range of Values:

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Average Value
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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
James And Katherine Fischer Living Trust $100 None Listed On Document
Fischer James M $520,000 Agents Choice Title Llc
Fischer James M $520,000 Agents Choice Title
Bunch Joseph G -- Accommodation
Bunch Joseph G $385,000 Flgler County Abstartc Co
Smith Jennifer Stine $273,400 --
Berenson Joel -- --
Berenson Joel $550,000 --
Doyle Scott P $232,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fischer James M $390,000
Previous Owner The Bunch Living Trust $295,300
Previous Owner Bunch Joseph G $308,000
Previous Owner Smith Jeffrey R $200,000
Previous Owner Smith Jeffery $54,650
Previous Owner Smith Jennifer Stine $437,500
Previous Owner Doyle Scott P $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $520,000 -5.4% $236 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $549,900 +42.8% $249 / Sq Ft
04/10/2017 04/10/17 Sold $385,000 -3.5% $175 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $399,000 -- $181 / 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 $8,645 $686,298 $170,000 $516,298
2023 $8,645 $479,610 $0 $0
2022 $7,151 $530,850 $143,000 $387,850
2021 $6,187 $396,372 $89,500 $306,872
2020 $5,169 $363,022 $71,000 $292,022
2019 $5,381 $372,022 $80,000 $292,022
2018 $5,488 $331,128 $80,000 $251,128
2017 $5,340 $318,599 $80,000 $238,599
2016 $5,705 $330,413 $0 $0
2015 $5,296 $300,375 $0 $0
2014 $4,855 $279,459 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC259551

Stellar MLS

APN: 04-11-31-3512-00010-0210