$470,000
SOLD JUN 15, 2022

5 Ocean Crest Way Unit 1432 Palm Coast, FL 32137

3 Beds
2 Baths
1,264 Sq Ft
$514/mo HOA Fee

Recently Sold

$372 Per Sq Ft

4% Below List Price

4 Days on Market

Highlights

  • Gated Community
  • Rear Porch
  • Security Gate
  • Old Kings Elementary School Rated A-
  • Open Patio
  • Laundry closet

About This Home

As of June 2022

This Villa is located steps off the Beach in the Resort of Hammock Beach. Enjoy relaxing days at the water park or Ocean while you and your guest have time to take in a round of golf or tennis. This 3-bedroom, 2-bath villa is close to the main building at the Hammock Beach Club—tasteful dcor throughout with a large kitchen, granite countertops, sizable primary bed, and bath. The Villa is currently used as an investment property/personal family and friends beach getaway. It comes fully furnished, "turn-key," and it's ready to start making you rental income. Enjoy living the Hammock Beach lifestyle! Don't forget the all inclusive spa for those days you need to be pampered. Call for times available to view.

Last Agent to Sell the Property

Mari Parks

TAKE ACTION PROPERTIES, LLC License #3118245 Listed on: 05/10/2022

Last Buyer's Agent

Peter Larsson

REALTY EXCHANGE, LLC License #3124174

REALTY EXCHANGE, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,658

Year Built

  • Built in 2005

Lot Details

  • Near Conservation Area

HOA Fees

  • $514 Monthly HOA Fees

Parking

  • Parking Garage Space

Home Design

  • Planned Development
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,264 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Laundry closet

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Security Lights
  • Security Gate

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Rear Porch

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3605-00140-1432
  • $59 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, maintenance structure, ground maintenance, trash
  • Hammock Beach Villas Association
  • Hammock Beach Condos
  • Built by Centex
  • Hammock Beach Subdivision
  • Handicap Modified Features In Community

Pet Policy

  • Pets Allowed

Additional Features

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,658

Year Built

Built in 2005

Lot Details

0

HOA Fees

$514 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Structure, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Living Area: 1264
  • Year Built: 2005
  • Directions to Property: Hammock Dunes Pkwy to 16th road, take a right then next left to Hammock Beach Club for access, take right at stop sign, follow road down to building 5
  • Status: Sold
  • Floor Number: 4
  • Homestead Y N: No
  • Property Manager: Tomoka Property Management
  • Property Manager Phone: 386-387-2010
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.96115
  • Price per Sq Ft: 371.84
  • Close to Original List Price Ratio: 0.96115
  • View: No
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Total Bedrooms: 3
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 5
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Lighting
  • Roof: Tile
  • Patio and Porch Features: Open Patio, Rear Porch
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Under Building
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Cable TV, Gated, Handicap Modified
  • Association Fee: 514
  • Association Fee Frequency: Monthly
  • Association Name: Hammock Beach Villas
  • Association: Yes
  • Security: Security Gate, Security Lights
  • Senior Community: No
  • Complex Community Name NCCB: HAMMOCK BEACH

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3605-00140-1432
  • Lot Features: Conservation Area
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Centex

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: 2

Tax Info

  • Tax Other Annual Assessment Amount: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Johnson Nathan A and Johnson Megan L
Bought by
Deep Waters Llc

Purchase Details

Listed on
May 10, 2022
Closed on
Jun 8, 2022
Sold by
Ripak Roy M
Bought by
Johnson Nathan A and Johnson Megan L
Seller's Agent
Mari Parks
TAKE ACTION PROPERTIES, LLC
Buyer's Agent
Peter Larsson
REALTY EXCHANGE, LLC
List Price
$489,000
Sold Price
$470,000
Premium/Discount to List
-$19,000
-3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.45%
Original Mortgage
$215,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2020
Sold by
Ripak Roy M and Ripak Vivian L
Bought by
Ripak Roy M

Purchase Details

Listed on
Mar 28, 2018
Closed on
Aug 13, 2018
Sold by
Eads James and Eads Julie M
Bought by
Ripak Roy M and Ripak Vivian L
Seller's Agent
Kerry Cooke
FLORIDA HOMES REALTY & MORTGAGE
Buyer's Agent
Kerry Cooke
FLORIDA HOMES REALTY & MORTGAGE
List Price
$274,900
Sold Price
$265,500
Premium/Discount to List
-$9,400
-3.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Centex Homes
Bought by
Azbel Alex and Azbel Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,250
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 29, 2005
Sold by
Azbel Alex and Azbel Margarita
Bought by
Eads James and Eads Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,250
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 --
Warranty Deed $470,000 All Florida Title Services
Interfamily Deed Transfer -- Attorney
Warranty Deed $265,500 Covent Closing & Title Svcs
Special Warranty Deed $412,400 --
Warranty Deed $545,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $215,000 New Conventional
Previous Owner $354,250 Fannie Mae Freddie Mac
Previous Owner $81,750 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Price Changed $490,000 -3.9% $388 / Sq Ft
11/18/2024 11/18/24 Price Changed $510,000 -2.9% $403 / Sq Ft
08/15/2024 08/15/24 For Sale $525,000 +11.7% $415 / Sq Ft
06/15/2022 06/15/22 Sold $470,000 -3.9% $372 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $489,000 +84.2% $387 / Sq Ft
08/13/2018 08/13/18 Sold $265,500 -3.4% $210 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $274,900 -- $217 / 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 $5,658 $427,635 -- $427,635
2023 $5,658 $388,759 $0 $388,759
2022 $3,534 $299,045 $0 $299,045
2021 $2,857 $182,800 $0 $0
2020 $2,817 $182,800 $0 $182,800
2019 $2,778 $177,600 $0 $177,600
2018 $2,563 $159,700 $0 $159,700
2017 $2,862 $177,400 $0 $0
2016 $3,233 $197,100 $0 $0
2015 $3,185 $197,100 $0 $0
2014 $2,902 $171,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Stellar MLS

MLS Number: FC276812

Stellar MLS

APN: 04-11-31-3605-00140-1432