NOT LISTED FOR SALE

48 Ocean Oaks Ln Palm Coast, FL 32137

Estimated Value: $1,558,000 - $1,858,000

4 Beds
4 Baths
4,295 Sq Ft
$400/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $1,820,000 $424 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,505/month

1 Day on Market

Highlights

  • On Golf Course
  • Under Construction
  • Gated Community
  • Old Kings Elementary School Rated A-
  • Heated In Ground Pool
  • Open Floorplan

About This Home

As of August 2023

Under Construction. Exquisite Classic Mediterranean Style Home on the 14th Fairway of a Jack Nicklaus designed Ocean Golf Course. Located in the upscale Community at Hammock Beach with amazing views and seconds to the Ocean and Resort Club.
This Bordeaux Plan by ICI HOMES has Designer selected, upgraded finishes, fixtures & features throughout making it a 4,295 Living sq ft showcase home. First Floor has Grand Open Floor plan with 12 ft Coffered and Tray ceilings in Foyer, Study, Gathering & Dining Room. A Gourmet Kitchen with gas stove, Two Tone Cabinets with Quartz countertops and views to Pool and Golf Course thru the Mitered Glass Windows in Morning Room. A large 2 story Screened in patio with Travertine decking has Outdoor Kitchen with gas grill, Spa and large pool perfect for entertaining.
Master Bedroom Suite features cozy wood beams on ceiling, expansive his and hers walk-in closets, a soaker tub and spa full body jet shower and an adjacent work out room. This split floor plan has Bedroom 2 and 3 with each a full bath & walk-in in closets. Enlarged Laundry room with sink & cabinets is adjacent to kitchen.
The 2nd floor includes: A Game Room with Beverage Fridge & Bar Sink, large Patio Deck for great outdoor views to golf course and Ocean, and a Guest Suite with full bath, double sinks & shower for your friends & family.
Driveway entrance has 2 car garage on right and additional 1 car garage on left with additional storage space.
Projected completion date is March 30th. See Virtual Tour Link 1 -Drone Video shows lot with home under construction and the Area Virtual Tour Link 2 shows 3-D version created from Floor Plans.
This Hammock Beach Community has a Membership available which includes 3 Communities. Hammock Beach with Ocean front Resort & Golf Course, Yacht Harbor on the Intra-Coastal and the Premiere Conservatory Golf Course Community.
This is the Gold Coast of Florida that has recently been found with little inventory for exquisite new homes on the market.

Last Agent to Sell the Property

Peggy Krantz

VENTURE DEVELOPMENT REALTY,INC License #3338434 Listed on: 08/10/2022

Last Buyer's Agent

Carlene Reardon

COASTAL GATEWAY REAL ESTATE GR License #3109455

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,820

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 115x130
  • On Golf Course
  • West Facing Home
  • Private Lot
  • Level Lot
  • Property is zoned PUD

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,295 Sq Ft Home
  • Open Floorplan
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Game Room
  • Inside Utility
  • Home Gym
  • Golf Course Views

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Pool

  • Heated In Ground Pool
  • Pool Lighting

Outdoor Features

  • Balcony
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Private Mailbox

Utilities

  • Central Air
  • Heating System Uses Propane
  • Propane
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Visit Down Payment Resource Website
  • Tax Lot 8
  • Assessor Parcel Number 04-11-31-3602-00000-0080
  • $59 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-Hour Guard, ground maintenance, private road, trash
  • Ocean Hammock Poa, Phone Number (386) 446-0085
  • Built by ICI Homes
  • Ocean Hammock Subdivision, Bordeaux Floorplan
  • On-Site Maintenance
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,820

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$148 per month

Parking

3

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Maintenance Grounds, Private Road, Trash
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4295
  • Lot Size Acres: 0.34
  • New Construction: Yes
  • Year Built: 2022
  • Building Area Total: 5918
  • Lot Size Sq Ft: 14950
  • Directions to Property: I-95 Ext # east on Palm Coast PKWY to Hammock Dunes Bridge, continue on Hamock Dunes Parkway to 16th St.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 0
  • Escrow City: Daytona Beach
  • Escrow Postal Code: 32119
  • Escrow State: FL
  • Escrow Street Name: Beville Drive
  • Escrow Street Number: 2335
  • List Office Head Office Key Nume: 1037463
  • RATIO Current Price By Calculate: 423.75
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Planned Unit Development Yn: 1
  • Permit Number: BR-009938-2022
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Coffered Ceiling(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Street Number Modifier: 48
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Breakfast Room Separate,Den/Library/Office,Formal Dining Room Separate,Great Room,Inside Utility
  • Living Area Meters: 399.02
  • Room Count: 15

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Home Warranty: Yes
  • Pool Private: Yes
  • View: Golf Course
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2023-03-30T00:00:00.000

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Propane
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Golf Carts OK, Golf, Sidewalks
  • Association Amenities: Gated, Maintenance
  • Association Fee: 445
  • Association Fee Frequency: Quarterly
  • Association Name: Ocean Hammock POA
  • Phone: 386-446-0085
  • Association: Yes
  • Security: Gated Community, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Development: Ocean Hammock

Fee Information

  • Total Annual Fees: 1780.00
  • Total Monthly Fees: 148.33
  • Monthly HOA Amount: 148.33

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3602-00000-0080
  • Additional Parcels: No
  • Lot Features: Level, On Golf Course, Sidewalk, Paved, Private
  • Lot Dimensions: 115X130
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 1389

Green Features

  • Efficiency: Appliances, HVAC, Thermostat
  • Green Verification Count: 0

Building Info

  • Builder Name: ICI Homes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1820.15
  • Tax Block: 0000
  • Tax Book Number: 32/71
  • Tax Lot: 8
  • Tax Other Annual Assessment Amount: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Jul 28, 2023
Sold by
Stackis Kevin and Stackis Debbie
Bought by
Weitzel Mark C and Weitzel Eileen M
Seller's Agent
Peggy Krantz
VENTURE DEVELOPMENT REALTY,INC
Buyer's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
List Price
$1,850,000
Sold Price
$1,820,000
Premium/Discount to List
-$30,000
-1.62%
Views
19
Current Estimated Value
$1,718,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,664
Avg. Annual Appreciation
-2.63%
Original Mortgage
$1,274,000
Outstanding Balance
$1,236,172
Interest Rate
7.23%
Mortgage Type
Credit Line Revolving
Estimated Equity
$482,164

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 29, 2021
Sold by
Kissin Shmuel and Kissin Tema
Bought by
Stackis Kevin and Stackis Debbie
Seller's Agent
TEMA KISSIN
EXP REALTY LLC
Buyer's Agent
Peggy Krantz
VENTURE DEVELOPMENT REALTY,INC
List Price
$255,000
Sold Price
$245,000
Premium/Discount to List
-$10,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
161.04%

Purchase Details

Closed on
Jan 4, 2002
Sold by
Northshore Ocean Hammock Inv L P
Bought by
Kissin Shmuel and Kissin Tema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,920
Interest Rate
6.85%
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
Weitzel Mark C $1,820,000 Southern Title Holdings
Weitzel Mark C $1,820,000 Southern Title Holdings
Stackis Kevin $245,000 Covenant Closing & Ttl Svcs
Kissin Shmuel $239,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kissin Shmuel $203,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $1,820,000 -1.6% $424 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $1,850,000 +655.1% $431 / Sq Ft
07/01/2021 07/01/21 Sold $245,000 -3.9% --
06/04/2021 06/04/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $255,000 -- --
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 $2,964 $1,455,347 $275,000 $1,180,347
2023 $2,964 $200,000 $200,000 $0
2022 $2,922 $200,000 $200,000 $0
2021 $1,820 $118,500 $118,500 $0
2020 $1,731 $112,000 $112,000 $0
2019 $1,590 $100,000 $100,000 $0
2018 $1,580 $97,000 $97,000 $0
2017 $2,021 $150,000 $150,000 $0
2016 $1,974 $95,832 $0 $0
2015 $1,600 $87,120 $0 $0
2014 $1,528 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC285186

Stellar MLS

APN: 04-11-31-3602-00000-0080