NOT LISTED FOR SALE

Ocean Hammock 500 Cinnamon Beach Way Unit 422 Palm Coast, FL 32137

Estimated Value: $647,000 - $812,000

3 Beds
2 Baths
1,682 Sq Ft
$664/mo HOA Fee

Last Sold September 16, 2020

Last sale price $392,000 $233 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,017/month

1,162 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Traditional Architecture
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Solid Surface Countertops

About This Home

As of September 2020

OCEAN AND GOLF FRONTAGE 2ND FLOOR CONDO AT CINNAMON BEACH, FULLY FURNISHED AND RENTAL READY FOR YOUR ENJOYMENT. PERFECT VIEW OF THE 8TH GREEN OF THE OCEAN COURSE AT HAMMOCK BEACH, WITH VIEWS OF THE OCEAN AND MORE. THE CONDO HAS AN OPEN DESIGN FROM THE KITCHEN AND LIVING AREAS, SO GREAT FOR FAMILY GATHERINGS. ENJOY THE CINNAMON BEACH COMMUNITY AMENITIES WITH AN OCEAN POOL, LAKE POOL, GYM, TWO GAME ROOMS, AND RESTAURANT OPEN IN-SEASON. ANOTHER CLUB CLOSE BY IS HAMMOCK BEACH CLUB JUST A MILE NORTH YOU CAN JOIN, WITH TWO GOLF COURSES AND MORE AMENITIES TO ENJOY AS WELL. COME AND EXPERIENCE THE LIFESTYLE YOU WORKED HARD FOR, AND LIVE THE OCEAN LIFE. SELLER WILL PROVIDE A 12-MONTH HOME WARRANTY AT CLOSING.

Last Agent to Sell the Property

Giana Franklin

COASTAL GATEWAY REAL ESTATE GR License #3451377 Listed on: 06/12/2017

Last Buyer's Agent

Reciprocal FCAR

License #970002565

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,169

Year Built

  • Built in 2005

Lot Details

  • West Facing Home

HOA Fees

Parking

  • Parking Garage Space

Property Views

Home Design

  • Traditional Architecture
  • Planned Development
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,682 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Window Treatments

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rear Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0422
  • $59 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, insurance, maintenance structure, ground maintenance, trash
  • Cinnamon Beach Association
  • May Management Also Rec Fee $400/Qtr Association, Phone Number (386) 446-0085
  • Ocean Hammock Condos
  • Ocean Hammock Subdivision

Recreation

Additional Features

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,169

Year Built

Built in 2005

Lot Details

0

HOA Fees

$664 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Insurance, Maintenance Structure, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Living Area: 1682
  • Year Built: 2005
  • Directions to Property: HAMMOCK DUNES PARKWAY TO OCEAN HAMMOCK/CB GATE; AFTER ACCESS, GO TO STOP SIGN AND INTO CINNAMON BEACH, AND HEAD TO OCEAN CONDOS ON LEFT.
  • Status: Sold
  • Floor Number: 2
  • Homestead Y N: No
  • Property Manager: MAY MANAGEMENT
  • Property Manager Phone: 386-446-0085
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.96576
  • Price per Sq Ft: 233.06
  • Close to Original List Price Ratio: 0.90115
  • View: Yes
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Stories: 3
  • Street Number Modifier: 500
  • Room Count: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: Under Building
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Fitness Center, Gated, Pool
  • Association Fee: 516.29
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK
  • Association #2 Fee: 445
  • Association #2 Fee Frequency: Quarterly
  • Association: MAY MANAGEMENT - ALSO REC FEE $400/QTR
  • Association Phone #2: 386-446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0422
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 1 Week
  • Pet Restrictions: YES

Tax Info

  • Tax Annual Amount: 5169
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Carlson Sylvia S
Bought by
Carlson Sylvia S and Carlson Misty M
Current Estimated Value
$708,747

Purchase Details

Listed on
Jun 12, 2017
Closed on
Sep 16, 2020
Sold by
Werdann Richard and Werdann Alfred J
Bought by
Carlson Sylvia S
Seller's Agent
Giana Franklin
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Reciprocal FCAR
List Price
$435,000
Sold Price
$392,000
Premium/Discount to List
-$43,000
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
Jun 23, 2005
Sold by
Schneider Andrew and Schneider Autumn
Bought by
Werdann Richard and Werdann Alfred J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Carlson Sylvia S $100 None Listed On Document
Carlson Sylvia S $100 None Listed On Document
Carlson Sylvia S $392,000 Attorney
Carlson Sylvia S $392,000 Bayer Dennis K
Werdann Richard $755,000 --
Schneider Andrew $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Werdann Richard $604,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $392,000 -9.9% $233 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
06/12/2017 06/12/17 For Sale $435,000 -- $259 / 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 $7,315 $634,068 -- $634,068
2023 $7,315 $426,235 $0 $0
2022 $6,406 $528,390 $0 $528,390
2021 $5,293 $352,260 $0 $352,260
2020 $5,219 $342,000 $0 $342,000
2019 $5,294 $342,000 $0 $342,000
2018 $5,169 $326,000 $0 $326,000
2017 $5,117 $320,200 $0 $0
2016 $5,220 $320,200 $0 $0
2015 $5,019 $304,900 $0 $0
2014 $4,983 $304,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Giana Franklin

    COASTAL GATEWAY REAL ESTATE GR

    (386) 931-6844

    19 in this area

    20 Total Sales

    Giana Franklin
    Section Image

  • R

    Buyer's Agent in 2020

    Reciprocal FCAR

See All Agents

About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC230408

Stellar MLS

APN: 04-11-31-3513-00000-0422

Florida Flagler County Palm Coast 32137

500 Cinnamon Beach Way Unit 422, Palm Coast, FL

This home is located at 500 Cinnamon Beach Way Unit 422, Palm Coast, FL 32137 since 12 June 2017 and is currently estimated at $708,747, approximately $421 per square foot. This property was built in 2005. 500 Cinnamon Beach Way Unit 422 is a home located in Flagler County with nearby schools including Old Kings Elementary School, Indian Trails Middle School, and Matanzas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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