NOT LISTED FOR SALE

Ocean Hammock 500 Cinnamon Beach Way Unit 434 Palm Coast, FL 32137

Estimated Value: $722,000 - $896,000

3 Beds
2 Baths
1,684 Sq Ft
0.3 Acres

Last Sold August 08, 2013

Last sale price $425,000 $252 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,861/month

87 Days on Market

Highlights

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

About This Home

As of August 2013

BEST VIEWS EVER...OCEAN FRONT AND THE FAMOUS JACK NICKLAUS OCEAN GOLF COURSE! IDEAL 3 BEDROOM, 2 BATH, VERY SPACIOUS OPEN LIVING FLOOR PLAN MEANT FOR THE BEST IN ENTERTAINING. THIS CONDO HAS BEEN METICULOUSLY CARED FOR WITH GRANITE COUNTERS, TILE FLOORING AND NICE CARPET IN BEDROOMS. THE TWO ADDITIONAL BEDROOMS ARE WELL-APPOINTED AND READY TO ACCOMMODATE YOUR GUESTS. CAN BE PURCHASED FULLY TURN-KEY TO MAKE FOR A LUCRATIVE RENTAL OR KEPT PRIVATELY FOR YOUR FAMILY VACATION SPOT. ACCESS THE LARGE BALCONY FROM THE LIVING ROOM AND THE MASTER SUITE FOR THE ULTIMATE IN VIEWING SUNSETS AND PANORAMIC OCEAN VIEWS. BEAUTIFUL AMENITIES ON SITE INCLUDE OCEANFRONT ADULT POOL TO RELAX AND LOUNGE ABOUT OR THE LAKESIDE POOL WITH KID'S ZONE, RESTAURANT, EXERCISE ROOM AND GAME ROOM. DON'T MISS VIEWING THIS BEAUTIFUL CONDO!

Last Agent to Sell the Property

Kathy Sommer

OCEAN CITY REALTY LLC License #3076605 Listed on: 03/13/2013

Last Buyer's Agent

Carlene Reardon

COASTAL GATEWAY REAL ESTATE GR License #3109455

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 2005

Lot Details

  • Southwest Facing Home
  • Irrigation Equipment

Home Design

  • Split Level Home
  • Entry on the 3rd floor
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,684 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Parking

  • Circular Driveway
  • On-Street Parking
  • Parking Garage Space

Accessible Home Design

  • Handicap Modified

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0411313513000000434

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-Hour Guard, ground maintenance, trash
  • Cinnamon Beach Association
  • Ohpoa Association, Phone Number (386) 446-0085
  • Ocean Hammock Condos
  • Built by Centex
  • Ocean Hammock Subdivision
  • Property managed by May Management
  • The community has rules related to deed restrictions
  • Handicap Modified Features In Community

Amenities

  • Sauna

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,886

Year Built

Built in 2005

Lot Details

0

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Living Area: 1684
  • Year Built: 2005
  • Accessibility Features: Handicap Modified
  • Directions to Property: Hammock Dunes Parkway to Ocean Hammock/Cinnamon Beach gate-enter go thru stop sign and turn L into Cinnamon Beach Condos - Building 500.
  • Status: Sold
  • Floor Number: 3
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 252.38
  • Planned Unit Development Yn: 1
  • Tax Year: 2012
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Other, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Other Equipment: Irrigation Equipment
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 500
  • Living Area Meters: 156.45
  • Room Count: 2

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Balcony, Lighting, Other
  • Roof: Tile
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Parking Features: Circular Driveway, Driveway, On Street, Under Building

Utilities

  • Utilities: Cable Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Gated, Handicap Modified, Pool, Sauna
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Lights, Security System
  • Senior Community: No
  • Association #2 Fee: 8380
  • Association: OHPOA
  • Association Phone #2: 386-446-0085
  • Association 2 YN: 0
  • Complex Community Name Nccb: OCEAN HAMMOCK
  • Management: Professional On Site
  • Property Manager: May Management
  • Property Manager Phone: 386-446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 0411313513000000434
  • Lot Features: Other
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Building Info

  • Builder Name: Centex

Tax Info

  • Tax Annual Amount: 3886.46

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2013
Closed on
Aug 5, 2013
Sold by
Allyn Graham and Allyn Nancy E
Bought by
Bles Llc
Seller's Agent
Kathy Sommer
OCEAN CITY REALTY LLC
Buyer's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
List Price
$458,000
Sold Price
$425,000
Premium/Discount to List
-$33,000
-7.21%
Current Estimated Value
$803,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,050
Avg. Annual Appreciation
5.73%
Original Mortgage
$297,500
Outstanding Balance
$225,370
Interest Rate
4.48%
Mortgage Type
New Conventional
Estimated Equity
$610,037

Purchase Details

Closed on
Jun 22, 2005
Sold by
Mckinley Thomas and Mckinley Lisa
Bought by
Allyn Graham and Allyn Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Bles Llc $425,000 Title Chain Inc
Allyn Graham $801,800 --
Mckinley Thomas S $639,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bles Llc $297,500
Previous Owner Allyn Graham $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2022 10/23/22 Off Market $425,000 -- --
08/08/2013 08/08/13 Sold $425,000 -7.2% $252 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $458,000 -- $272 / 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 $7,438 $644,821 -- $644,821
2023 $7,438 $433,463 $0 $0
2022 $6,514 $537,351 $0 $537,351
2021 $5,382 $358,234 $0 $358,234
2020 $5,306 $347,800 $0 $347,800
2019 $5,383 $347,800 $0 $347,800
2018 $5,260 $331,800 $0 $331,800
2017 $5,209 $326,000 $0 $0
2016 $5,314 $326,000 $0 $0
2015 $5,113 $310,700 $0 $0
2014 $5,211 $310,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Sommer

    Seller's Agent in 2013

    Kathy Sommer

    OCEAN CITY REALTY LLC

    (386) 246-9991

    49 in this area

    51 Total Sales

    Kathy Sommer
    Section Image
  • Carlene Reardon

    Buyer's Agent in 2013

    Carlene Reardon

    COASTAL GATEWAY REAL ESTATE GR

    (386) 503-5897

    208 in this area

    223 Total Sales

    Carlene Reardon
    Section Image
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About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC194865

Stellar MLS

APN: 04-11-31-3513-00000-0434

Florida Flagler County Palm Coast 32137

500 Cinnamon Beach Way Unit 434, Palm Coast, FL

This home is located at 500 Cinnamon Beach Way Unit 434, Palm Coast, FL 32137 since 13 March 2013 and is currently estimated at $803,050, approximately $476 per square foot. This property was built in 2005. 500 Cinnamon Beach Way Unit 434 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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