NOT LISTED FOR SALE

Ocean Hammock 500 Cinnamon Beach Way Unit 441 Palm Coast, FL 32137

Estimated Value: $718,000 - $993,000

3 Beds
3 Baths
2,003 Sq Ft
$843/mo HOA Fee

Last Sold September 01, 2023

Last sale price $904,100 $451 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,174/month

Highlights

  • 112 Feet of Ocean or Gulf Waterfront
  • Beach View
  • Golf Course Community
  • Old Kings Elementary School Rated A-
  • Beach Access
  • Fitness Center

About This Home

As of September 2023

Welcome to Cinnamon Beach, where luxury meets natural beauty! This stunning fully furnished condo offers an exceptional living experience with breathtaking views of both the golf course and the sparkling ocean. Located in a prime position, the condo boasts an idyllic setting that combines the tranquility of the golf course with the invigorating sights and sounds of the nearby ocean.

Last Agent to Sell the Property

Matthew Souza

COASTAL GATEWAY REAL ESTATE GR License #3545051 Listed on: 06/21/2023

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,570

Year Built

  • Built in 2005

Lot Details

  • Northeast Facing Home
  • Irrigation

HOA Fees

Property Views

Home Design

  • Entry on the 4th floor
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Living Room

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Ground Level Parking
  • Guest Parking
  • Parking Garage Space
  • Open Parking

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Lighting

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, pest control, private road, recreational facilities, security, sewer, trash, water
  • $151 Other Monthly Fees
  • May Management Association, Phone Number (386) 446-0085
  • Mid-Rise Condominium
  • Cinnamon Bch Ocn Hammock Ph 4 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to allowable golf cart usage in the community
  • 6-Story Property

Amenities

  • Elevator

Recreation

  • Golf Course Community

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,570

Year Built

Built in 2005

Lot Details

0

HOA Fees

$843 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2003
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2003
  • Lot Size Sq Ft: 13050
  • Directions to Property: Hammock Dunes Pkwy to Hotel Trace Blvd, through security gate and Left on Ocean Way Blvd., Left on Cinnamon Beach Way, arrive at building 500
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Palm Coast
  • Escrow Postal Code: 32137
  • Escrow State: FL
  • Escrow Street Name: N Oceanshore Blvd suite B
  • Escrow Street Number: 5182
  • Floor Number: 4
  • List Office Head Office Key Nume: 579203068
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 451.37
  • Unit Number YN: 0
  • Water Access YN: 1
  • Other Fees Amount: 452
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 6
  • Street Number Modifier: 500
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 186.08
  • Room Count: 8

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: In Ground, Lighting
  • Exterior Features: Balcony, Irrigation System, Lighting, Sidewalk, Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: No
  • View: Golf Course, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Porch, Rear Porch
  • Road Surface Type: Paved
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 112
  • Water Frontage Feet Gulf Ocean: 112

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Covered, Ground Level, Guest, Open, Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Clubhouse, Fitness Center, Golf Carts OK, Golf, Water Access
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance
  • Association Fee: 475
  • Association Fee Frequency: Quarterly
  • Association Name: May Management
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: 500
  • Condo Fees: 685
  • Condo Land Included YN: 0
  • Max Pet Weight: 999
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 685
  • Development: Ocean Hammock

Fee Information

  • Total Annual Fees: 11928.00
  • Total Monthly Fees: 994.00
  • Other Fees Term: Quarterly
  • Monthly HOA Amount: 158.33

Lot Info

  • Zoning: RESI
  • Parcel Number: 04-11-31-3513-00000-0441
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1212

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 7569.57
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Aug 31, 2023
Sold by
Kenneth A Buback A and Kenneth Patricia M
Bought by
Margaret Ritchie Llc
Seller's Agent
Matthew Souza
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$939,000
Sold Price
$904,100
Premium/Discount to List
-$34,900
-3.72%
Views
2
Current Estimated Value
$873,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,920
Avg. Annual Appreciation
-1.67%

Purchase Details

Listed on
May 12, 2016
Closed on
Oct 7, 2016
Sold by
Gein Robert A
Bought by
Buback Kenneth A and Buback Patricia M
Seller's Agent
Luke Oreilly
Hammock Real Estate Group
Buyer's Agent
Luke Oreilly
Hammock Real Estate Group
List Price
$520,000
Sold Price
$520,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$250,000
Interest Rate
3.43%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 18, 2013
Sold by
Gein Robert A and Gein Nancy A
Bought by
Gein Robert A

Purchase Details

Closed on
Jun 19, 2007
Sold by
Gein Robert A and Gein Nancy A
Bought by
Cinnamon Beach Partners Llc

Purchase Details

Closed on
Nov 22, 2006
Sold by
Gein Robert A
Bought by
Gein Robert A and Gein Nancy A

Purchase Details

Closed on
Jun 13, 2005
Sold by
Centex Homes
Bought by
Gein Robert A and Gein Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,330
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Margaret Ritchie Llc $904,100 Veterans Title
Margaret Ritchie Llc $904,100 Veterans Title
Buback Kenneth A $520,000 Coast Title Ins Agency Inc
Gein Robert A -- Attorney
Cinnamon Beach Partners Llc -- Attorney
Gein Robert A -- Attorney
Gein Robert A $775,200 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buback Kenneth A $250,000
Previous Owner Gein Robert A $501,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $904,100 -3.7% $451 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $939,000 +80.6% $469 / Sq Ft
10/10/2016 10/10/16 Sold $520,000 0.0% $260 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $520,000 -- $260 / 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 $8,632 $749,880 -- $749,880
2023 $8,632 $504,086 $0 $0
2022 $7,570 $624,900 $0 $624,900
2021 $6,249 $416,600 $0 $416,600
2020 $6,344 $416,600 $0 $416,600
2019 $5,885 $380,600 $0 $380,600
2018 $5,134 $363,500 $0 $363,500
2017 $6,292 $394,600 $0 $0
2016 $4,850 $394,600 $0 $0
2015 $4,862 $376,500 $0 $0
2014 $4,913 $331,499 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Souza

    Seller's Agent in 2023

    Matthew Souza

    COASTAL GATEWAY REAL ESTATE GR

    (386) 753-3203

    20 in this area

    24 Total Sales

    Matthew Souza
    Section Image

  • L

    Seller's Agent in 2016

    Luke Oreilly

    Hammock Real Estate Group

    Section Image
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About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC292528

Stellar MLS

APN: 04-11-31-3513-00000-0441

Florida Flagler County Palm Coast 32137

500 Cinnamon Beach Way Unit 441, Palm Coast, FL

This home is located at 500 Cinnamon Beach Way Unit 441, Palm Coast, FL 32137 since 21 June 2023 and is currently estimated at $873,180, approximately $435 per square foot. This property was built in 2005. 500 Cinnamon Beach Way Unit 441 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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