5 Cottonwood Trail Palm Coast, FL 32137
3
Beds
2
Baths
3,064
Sq Ft
0.31
Acres
Highlights
- Lake Front
- Screened Pool
- Open Floorplan
- Old Kings Elementary School Rated A-
- Full Gulf or Ocean Views
- Deck
About This Home
As of July 2024Welcome to 5 Cottonwood Trail, a beautiful three bedroom, two bathroom residence located in the oceanfront community of Armand Beach Estates. An upgraded french-pattern paver driveway leads you to a nautical-themed brick and stucco home. The lawn has low-maintenance St. Augustine grass, local coquina rock accents and potted succulents with views of a lovely pond microsystem with frequently-seen wildlife such as turtles, Great Egret, Cormorant, and Giant Blue Heron. Inhale the salty air and listen to the echoes of ocean waves as you walk the paver pathway to the front door. Upon entering the home, you are immediately struck by the high vaulted ceilings and the immense amount of natural light beaming through arched transom windows. The brightly-lit living room provides excellent entertainment space with an open floor plan between the living and dining rooms. The kitchen is conveniently located adjacent to the dining room and offers a large buffet window for easy entertaining. The kitchen has fresh white cabinets, granite countertops and a cozy breakfast nook surrounded by tropical plantation shutters, with access to an outdoor garden and to stairs leading up to an open-air deck with views of the Atlantic. The laundry room and two-car garage are accessible through a hallway from the kitchen. Just past the primary living space, two french doors open up to an expansive air-conditioned sun room with views of the pond and a large screened-in pool. The lagoon-blue pool also features a hot tub and an upgraded paver pool deck. Additionally, the pool lanai has an outdoor shower and is surrounded by lush green viburnum hedges providing ample privacy. The first floor also has a guest wing, comprised of two bedrooms and a full bath. A nautical barn door closes-off the suite from the living room for ideal guest privacy. An architecturally handsome stairwell winds upstairs from the living room to a loft that can double as an office space. The master suite is located just past the loft and is truly an ocean-view oasis. Large sliding glass doors from the primary suite open to a screened-in balcony with views of the Atlantic, which provides the perfect place for morning coffee or for winding down with a book in the afternoon ocean breeze. The master suite also has a walk-in closet and a bathroom with two sink vanities, a soaking jacuzzi tub and a tiled walk-in shower. Impact windows and sliders!! Roof installed in 2018. Propane house generator, two Toto toilets. Gorgeous exterior lighting, security system installed. This scenic seaside neighborhood is adorned with manicured lawns, paved streets and uniquely coastal-themed homes. This is the perfect home for those wanting an oceanside retreat, with a pool, and with a private guest suite for hosting friends and family! Don't delay!
Last Agent to Sell the Property
HAMMOCK REAL ESTATE GROUP License #328767 Listed on: 05/13/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $785
Year Built
- Built in 1992
Lot Details
- 0.31 Acre Lot
- Lake Front
- Property fronts gulf or ocean
- West Facing Home
- Well Sprinkler System
- Property is zoned PUD
HOA Fees
- $38 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
Property Views
- Full Gulf or Ocean
- Lake
Home Design
- Bi-Level Home
- Brick Exterior Construction
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Concrete Siding
- Stucco
Interior Spaces
- 3,064 Sq Ft Home
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Sliding Doors
- Den
- Bonus Room
- Vinyl Flooring
- High Impact Windows
Kitchen
- Range
- Microwave
- Ice Maker
- Dishwasher
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Upstairs
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Screened Pool
- In Ground Pool
- Heated Spa
- In Ground Spa
- Fence Around Pool
- Outdoor Shower
Outdoor Features
- Balcony
- Deck
- Screened Patio
- Exterior Lighting
- Private Mailbox
- Rear Porch
Utilities
- Central Heating and Cooling System
- Propane
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 33
- Assessor Parcel Number 20-10-31-0301-00000-0330
- $110 per year additional tax assessments
Community Details
Overview
- Association fees include ground maintenance
- May Management Association, Phone Number (386) 446-0085
- Armand Beach Estates Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2024
Closed on
Jul 8, 2024
Sold by
Lugris Family Trust and Lugris Judith B
Bought by
Leone Velma Jean
Seller's Agent
Luke Oreilly
Hammock Real Estate Group
Buyer's Agent
Pamela Capela
RE/MAX Select Professionals
List Price
$1,125,000
Sold Price
$1,100,000
Premium/Discount to List
-$25,000
-2.22%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,228
Avg. Annual Appreciation
-2.79%
Original Mortgage
$765,050
Outstanding Balance
$759,261
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$308,511
Purchase Details
Closed on
Nov 9, 2021
Sold by
Lugris Manuel and Lugris Judith B
Bought by
Lugris Manuel and Lugris Judith B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.8%
Mortgage Type
VA
Purchase Details
Closed on
Aug 18, 2003
Sold by
Lebeau Ruth Wendy and Wylielabeau Ruth
Bought by
Lugris Manuel and Lugris Judith B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.52%
Purchase Details
Closed on
Apr 30, 1999
Sold by
Lebeau Joseph Michael and Lebeau Mark
Bought by
Lebeau Ruth Wendy and Lebeau Ruth Wylie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,900
Interest Rate
7%
Similar Homes in Palm Coast, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,100,000 | Canopy Title Services | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $432,100 | -- | |
| Warranty Deed | $48,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $765,050 | New Conventional | |
| Previous Owner | $280,000 | VA | |
| Previous Owner | $330,000 | VA | |
| Previous Owner | $377,100 | New Conventional | |
| Previous Owner | $375,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $320,000 | No Value Available | |
| Previous Owner | $285,642 | New Conventional | |
| Previous Owner | $253,900 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2024 07/08/24 | Sold | $1,100,000 | -2.2% | $359 / Sq Ft |
| 05/14/2024 05/14/24 | For Sale | $1,125,000 | -- | $367 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $785 | $287,465 | -- | -- |
| 2023 | $785 | $279,092 | $0 | $0 |
| 2022 | $655 | $270,963 | $0 | $0 |
| 2021 | $592 | $263,071 | $0 | $0 |
| 2020 | $915 | $259,442 | $0 | $0 |
| 2019 | $907 | $253,609 | $0 | $0 |
| 2018 | $1,548 | $248,880 | $0 | $0 |
| 2017 | $1,537 | $243,761 | $0 | $0 |
| 2016 | $1,506 | $238,747 | $0 | $0 |
| 2015 | $1,479 | $237,087 | $0 | $0 |
| 2014 | $1,489 | $235,205 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2024
Luke Oreilly
Hammock Real Estate Group
-
Buyer's Agent in 2024
Pamela Capela
RE/MAX
(386) 986-6284
206 in this area
272 Total Sales
Map
Source: Stellar MLS
MLS Number: FC300356
APN: 20-10-31-0301-00000-0330
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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