$385,000
SOLD APR 10, 2017

47 Cinnamon Beach Way Palm Coast, FL 32137

3 Beds
3.5 Baths
2,205 Sq Ft
5,694 Sq Ft Lot

Recently Sold

$175 Per Sq Ft

4% Below List Price

55 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • High Ceiling

About This Home

As of October 2020

Fabulous from top to bottom! This 3-bed/3.5 bath tri-level resort pool home with sparkling lake and golf views in Cinnamon Beach easily welcomes your family & friends - and also those looking for an ideal vacation rental home at the coast that a couple of families could share together. Currently in rental program & consistently a favorite! Bermuda style home boasts a second level with 2-bedrooms and 2-baths and plenty of elbow room in the living area that leads out to a large covered balcony with golf views. Primary 3rd level has the kitchen with an island and wonderful living room with generous eat-in kitchen and master bedroom with ensuite & that breath-taking balcony showcasing the lake and golf views of a Florida lifestyle! New water heater 2016 and 2 new HVAC units in 2015. This home has plenty of room for everyone to enjoy being together while also savoring their own personal space. You and your family could be enjoying this home too – and having rental income option as well!

Last Agent to Sell the Property

Karla Goodman

TRADEMARK REALTY GROUP LLC License #3096497 Listed on: 01/14/2017

TRADEMARK REALTY GROUP LLC

Co-Listed By

Allen Goodman

COLDWELL BANKER REALTY

Last Buyer's Agent

Sal Lazzano

REALTY EXECUTIVES OCEANSIDE License #670962

REALTY EXECUTIVES OCEANSIDE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,435

Year Built

  • Built in 2004

Lot Details

  • 5,694 Sq Ft Lot
  • Lake Front
  • Southeast Facing Home
  • Irrigation Equipment
  • Property is zoned PUD

Parking

  • 1 Car Garage
  • Oversized Parking
  • Driveway
  • On-Street Parking

Property Views

  • Water
  • Golf Course

Home Design

  • Split Level Home
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,205 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Blinds

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry closet
  • Washer

Outdoor Features

  • Balcony
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0210
  • $51 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-hour guard, ground maintenance, trash
  • Ocean Hammock Association, Phone Number (386) 446-0085
  • Built by Ruttenberg
  • Ocean Hammock Subdivision
  • Handicap Modified Features In Community

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,435

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Living Area: 2205
  • Year Built: 2004
  • Lot Size Sq Ft: 5694
  • Directions to Property: Exit 289 toward Palm Coast, merge on Palm Coast Pkwy SE. Continue on Hammock Dunes Pkwy, right on Hotel Trace Blvd. Turn left on Ocean Way Blvd, 2nd exit to Cinnamon Beach Way.
  • Status: Sold
  • Homestead Y N: No
  • Property Manager: May Management
  • Property Manager Phone: 386-446-0085
  • Ratio: Close Price\List Price: 0.96491
  • Price per Sq Ft: 174.6
  • Close to Original List Price Ratio: 0.96491
  • View: Yes
  • Co List Office Mls Id: 256500522
  • Co List Office Phone: 386-246-5700
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Other Equipment: Irrigation Equipment
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 47
  • Room Count: 13
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Other
  • Exterior Features: Balcony
  • Roof: Tile
  • View: Golf Course
  • Patio and Porch Features: Front Porch, Rear Porch
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, On Street, Oversized
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Fitness Center, Gated, Handicap Modified, Pool, Trail(s)
  • Association Fee: 420
  • Association Name: Ocean Hammock
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3512-00010-0210
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Ruttenberg

Tax Info

  • Tax Annual Amount: 5435
  • Tax Other Annual Assessment Amount: 51

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
55
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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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 Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Warranty Deed $520,000 Agents Choice Title Llc
Warranty Deed $520,000 Agents Choice Title
Interfamily Deed Transfer -- Accommodation
Warranty Deed $385,000 Flgler County Abstartc Co
Deed $273,400 --
Warranty Deed -- --
Warranty Deed $550,000 --
Warranty Deed $232,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $390,000 New Conventional
Previous Owner $295,300 New Conventional
Previous Owner $308,000 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $54,650 New Conventional
Previous Owner $437,500 No Value Available
Previous Owner $560,000 No Value Available
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: FC226603

Stellar MLS

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