$370,000
SOLD FEB 29, 2016

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

3 Beds
2 Baths
1,344 Sq Ft
$604/mo HOA Fee

Recently Sold

$275 Per Sq Ft

11% Below List Price

19 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Contemporary Architecture

About This Home

As of November 2020

WHAT A FANTASTIC OPPORTUNITY TO OWN A GREAT CONDO LOCATED ON THE COAST LINE OF THE ATLANTIC OCEAN. THE CONDO HAS BEAUTIFUL VIEWS OF THE 8TH GREEN AND OCEAN AT JACK NICKLAUS SIGNATURE OCEAN COURSE."OCEAN HAMMOCK" THE CONDO OFFERS CUSTOM TILE FLOORS,STAINLESS STEEL APPLIANCES,42' CABINETS,CROWN MOLDING,GRANITE COUNTER TOPS,LARGE BALONY AND MUCH MORE...THE UNIT IS BEING SOLD FULLY FURNISHED AND IS IN A SHORT TERM RENTAL PROGRAM PLEASE CALL FOR AN UPDATED RENTAL HISTORY. THE AMENITIES INCLUDE OCEAN FRONT POOL,LAKE FRONT POOL,CLUBHOUSE,FITNESS CENTER,LOUNGE AREA, BAR & GRILL,KIDS POOL, FULL TIME GATE SECURITY AND MUCH MORE. A MUST SEE CALL TODAY........

Last Agent to Sell the Property

ANDREW KALCOUNOS

COASTAL GATEWAY REAL ESTATE GR License #3063166 Listed on: 01/12/2016

COASTAL GATEWAY REAL ESTATE GR

Co-Listed By

Anthony Lombardo

COASTAL GATEWAY REAL ESTATE GR License #3013220

Last Buyer's Agent

Richard Hottinger

COASTAL GATEWAY REAL ESTATE GR License #3184482

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,039

Year Built

  • Built in 2005

Lot Details

  • Southwest Facing Home

HOA Fees

Parking

  • Parking Garage Space

Property Views

Home Design

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

Interior Spaces

  • 1,344 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Security Lights

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
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0433
  • $61 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, insurance, maintenance structure, pest control, trash
  • Cinnamon Beach Association
  • May Management Association, Phone Number (386) 445-0085
  • Ocean Hammock Condos
  • Built by CENTEX
  • Ocean Hammock Subdivision

Amenities

  • Sauna
  • Elevator

Recreation

  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,039

Year Built

Built in 2005

Lot Details

0

HOA Fees

$604 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Insurance, Maintenance Structure, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Living Area: 1344
  • Year Built: 2005
  • Directions to Property: OCEAN HAMMOCK GATE TO HOTEL TRACE...
  • Status: Sold
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Property Manager: MAY MANAGEMENT
  • Property Manager Phone: 386-445-0085
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.89157
  • Price per Sq Ft: 275.3
  • Close to Original List Price Ratio: 0.89157
  • View: Yes
  • Co List Office Mls Id: 256500522
  • Co List Office Phone: 386-246-5700
  • Tax Year: 2015
  • 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
  • Window Features: Blinds
  • Street Number Modifier: 500
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • View: Golf Course, Water
  • 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
  • Laundry Features: Laundry Closet
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Pool, Sauna, Trail(s)
  • Association Fee: 6880
  • Association Fee Frequency: Annually
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Lights
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK
  • Association #2 Fee: 375
  • Association: MAY MANAGEMENT
  • Association Phone #2: 386-445-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0433
  • Lot Features: Other
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: CENTEX

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Allowed over 100 lbs

Tax Info

  • Tax Annual Amount: 4039.21
  • Tax Other Annual Assessment Amount: 61

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
Current Estimated Value
$697,804

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
9.54%
Original Mortgage
$315,000
Outstanding Balance
$230,744
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$464,299

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 Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $450,000 Watson Title Services Inc
Warranty Deed $370,000 Covenant Closing & Title Ser
Warranty Deed $447,000 Stewart Approved Title Inc
Condominium Deed $556,500 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Previous Owner $445,150 Fannie Mae Freddie Mac
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

    5 in this area

    7 Total Sales

    Linda O'Malley
    Section Image
  • LAURENT ALVES

    Buyer's Agent in 2020

    LAURENT ALVES

    HAMMOCK REAL ESTATE GROUP

    (386) 931-5085

    54 in this area

    64 Total Sales

    LAURENT ALVES
    Section Image
  • ANDREW KALCOUNOS

    Seller's Agent in 2016

    ANDREW KALCOUNOS

    COASTAL GATEWAY REAL ESTATE GR

    (386) 986-8669

    174 in this area

    222 Total Sales

    ANDREW KALCOUNOS
    Section Image
  • Anthony Lombardo

    Seller Co-Listing Agent in 2016

    Anthony Lombardo

    COASTAL GATEWAY REAL ESTATE GR

    (386) 931-5279

    207 in this area

    255 Total Sales

    Anthony Lombardo
    Section Image

  • R

    Buyer's Agent in 2016

    Richard Hottinger

    COASTAL GATEWAY REAL ESTATE GR

    (386) 237-0097

    3 in this area

    4 Total Sales

    Richard Hottinger
    Section Image
See All Agents

About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC218137

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 and is currently priced at $370,000, approximately $275 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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