NOT LISTED FOR SALE

Ocean Hammock 500 Cinnamon Beach Way Unit 433 Palm Coast, FL 32137

Estimated Value: $655,384 - $742,000

3 Beds
2 Baths
1,344 Sq Ft
$670/mo HOA Fee

Last Sold November 19, 2020

Last sale price $450,000 $335 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,135/month

35 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Golf Course View
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of November 2020

A turn key unit. Sold as is....totally furnished. Please go to VRBO/1004626 to see more pics and raving reviews of unit with proximity to beach. Rental history available. This unit has ocean views, golf course views and wide horizon view. Listen to the ocean while watching the pelicans fly by. Steps from the beach for easy convenience.The unit is fully stocked with all large and small appliances, pots and pans,china, glassware,silverware, linens, fully furnished, entertainment center with board games, cards,beach chairs, beach towels. The only thing this unit does not provide for you are toothbrushes. The community offers two pools, one adult ocean front and one child lake front with a small cafe. https://www.youtube.com/watch?v=uPlbP4qGGH4&feature=youtu.be

Last Agent to Sell the Property

Linda O'Malley

WATSON REALTY CORP License #3230287 Listed on: 08/20/2020

WATSON REALTY CORP

Last Buyer's Agent

LAURENT ALVES

HAMMOCK REAL ESTATE GROUP License #3102187

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,717

Year Built

  • Built in 2005

Lot Details

HOA Fees

Parking

  • Parking Garage Space

Home Design

  • Split Level Home
  • Planned Development
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,344 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Security Gate

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • No Cooling
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0433
  • $59 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, insurance, maintenance structure, ground maintenance, pest control, trash
  • Cinnamon Beach Association
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Condos
  • Ocean Hammock Subdivision
  • Handicap Modified Features In Community

Amenities

  • Elevator

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,717

Year Built

Built in 2005

Lot Details

0

HOA Fees

$670 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Living Area: 1344
  • Lot Size Acres: 0.03
  • Year Built: 2005
  • Lot Size Sq Ft: 1344
  • Directions to Property: Hammock Dunes Pkwy to Ocean Hammock gate entrance. Through gate and make left at stop sign, follow through Cinnamon Beach Gate,Follow signs to condos.Go to 500 bldg on beach.Unit on 3 floor.
  • Status: Sold
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Property Manager: May Management
  • Property Manager Phone: 386-446-0085
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.96774
  • Price per Sq Ft: 334.82
  • Close to Original List Price Ratio: 0.96774
  • View: Yes
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 500
  • Room Count: 8

Exterior Features

  • Exterior Features: Balcony, Lighting
  • Roof: Shingle
  • View: Golf Course
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Under Building
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities
  • Heating: Heat Pump
  • Laundry Features: Inside
  • Water Source: Private
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Handicap Modified, Pool
  • Association Fee: 517
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Gate
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK
  • Association #2 Fee: 460
  • Association #2 Fee Frequency: Quarterly
  • Association: May Management
  • Association Phone #2: 386=446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0433
  • Price Per Acre: 15000000

Rental Info

  • Minimum Lease: No Minimum

Tax Info

  • Tax Annual Amount: 4717.07
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2021
Sold by
Walsh Laura Anne and Forman Bruce D
Bought by
Walsh Laura A and Forman Bruce D
Total Days on Market
35
Current Estimated Value
$701,346

Purchase Details

Listed on
Aug 20, 2020
Closed on
Nov 18, 2020
Sold by
Larison Michael and Larison Belinda
Bought by
Walsh Laura Anne and Forman Bruce D
Seller's Agent
Linda O'Malley
WATSON REALTY CORP
Buyer's Agent
LAURENT ALVES
HAMMOCK REAL ESTATE GROUP
List Price
$465,000
Sold Price
$450,000
Premium/Discount to List
-$15,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$315,000
Outstanding Balance
$237,134
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$464,212

Purchase Details

Listed on
Jan 12, 2016
Closed on
Feb 16, 2016
Sold by
Greenhalgh Robert L and Greenhalgh Margueritte L
Bought by
Larison Michael and Larison Belinda
Seller's Agent
ANDREW KALCOUNOS
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Richard Hottinger
COASTAL GATEWAY REAL ESTATE GR
List Price
$415,000
Sold Price
$370,000
Premium/Discount to List
-$45,000
-10.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Aug 29, 2008
Sold by
Albachiara Nicholas and Albachiara Carmela
Bought by
Greenhalgh Robert L and Greenhalgh Marguerite

Purchase Details

Closed on
Jun 10, 2005
Sold by
Centex Homes
Bought by
Albachiara Nicholas and Albachiara Carmela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,150
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Walsh Laura A -- Attorney
Walsh Laura Anne $450,000 Watson Title Services Inc
Larison Michael $370,000 Covenant Closing & Title Ser
Greenhalgh Robert L $447,000 Stewart Approved Title Inc
Albachiara Nicholas $556,500 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Laura Anne $315,000
Previous Owner Albachiara Nicholas $445,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $450,000 -3.2% $335 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $465,000 +25.7% $346 / Sq Ft
02/29/2016 02/29/16 Sold $370,000 -10.8% $275 / Sq Ft
01/30/2016 01/30/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $415,000 -- $309 / 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 $6,334 $547,740 -- $547,740
2023 $6,334 $368,203 $0 $0
2022 $5,539 $456,450 $0 $456,450
2021 $4,581 $304,300 $0 $304,300
2020 $4,650 $304,300 $0 $304,300
2019 $4,717 $304,300 $0 $304,300
2018 $4,570 $290,200 $0 $290,200
2017 $4,168 $260,100 $0 $0
2016 $4,250 $260,100 $0 $0
2015 $4,090 $247,900 $0 $0
2014 $4,064 $247,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Linda O'Malley

    WATSON REALTY CORP

    (954) 465-5536

    10 Total Sales

    Linda O'Malley
    Section Image
  • LAURENT ALVES

    Buyer's Agent in 2020

    LAURENT ALVES

    HAMMOCK REAL ESTATE GROUP

    (386) 931-5085

    69 Total Sales

    LAURENT ALVES
    Section Image
  • ANDREW KALCOUNOS

    Seller's Agent in 2016

    ANDREW KALCOUNOS

    COASTAL GATEWAY REAL ESTATE GR

    (386) 986-8669

    233 Total Sales

    ANDREW KALCOUNOS
    Section Image
  • Anthony Lombardo

    Seller Co-Listing Agent in 2016

    Anthony Lombardo

    COASTAL GATEWAY REAL ESTATE GR

    (386) 931-5279

    269 Total Sales

    Anthony Lombardo
    Section Image

  • R

    Buyer's Agent in 2016

    Richard Hottinger

    COASTAL GATEWAY REAL ESTATE GR

    (386) 237-0097

    4 Total Sales

    Richard Hottinger
    Section Image
See All Agents

About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC259602

Stellar MLS

APN: 04-11-31-3513-00000-0433

Florida Flagler County Palm Coast 32137

500 Cinnamon Beach Way Unit 433, Palm Coast, FL

This home is located at 500 Cinnamon Beach Way Unit 433, Palm Coast, FL 32137 since 20 August 2020 and is currently estimated at $701,346, approximately $521 per square foot. This property was built in 2005. 500 Cinnamon Beach Way Unit 433 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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