NOT LISTED FOR SALE

Ocean Hammock 500 Cinnamon Beach Way Unit 444 Palm Coast, FL 32137

Estimated Value: $745,320 - $883,000

3 Beds
2 Baths
1,682 Sq Ft
$670/mo HOA Fee

Last Sold February 02, 2022

Last sale price $715,000 $425 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,673/month

143 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 February 2022

WELCOME TO CINNAMON BEACH......THIS OCEANFRONT COMMUNITY OFFERS GREAT AMENITIES AND A FANTASTIC BEACHSIDE GETAWAY. THIS 4TH FLOOR UNIT IS IN EXCELLENT CONDITION AND IS ONE OF THE MOST DESIRABLE BUILDINGS IN CINNAMON BEACH. THIS CONDO HAS DIRECT VIEWS OF THE OCEAN AND THE 8TH HOLE AT OCEAN HAMMOCK A "JACK NICKLAUS OCEAN COURSE" THIS CONDO HAS A LONG LIST OF OPTIONS.......TILES(45),CROWN MOLDING(MAIN AREA/KITCHEN),GRANITE(KITCHEN/BATHROOM),WHITE CABINETS,STAINLESS STEEL APPLIANCES,CARPET(BEDROOMS),NEWER INTERIOR PAINT, NEWER WATER HEATER 5-17-19,LARGE COVERED PATIO AND MUCH MORE..........

Last Agent to Sell the Property

ANDREW KALCOUNOS

COASTAL GATEWAY REAL ESTATE GR License #3063166 Listed on: 07/27/2021

COASTAL GATEWAY REAL ESTATE GR

Co-Listed By

Anthony Lombardo

COASTAL GATEWAY REAL ESTATE GR License #3013220

Last Buyer's Agent

MATTHEW FEENEY

COLDWELL BANKER (HAMMOCK) License #3123360

COLDWELL BANKER (HAMMOCK)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,393

Year Built

  • Built in 2005

Lot Details

  • West Facing Home
  • Irrigation Equipment

HOA Fees

Parking

  • Parking Garage Space

Property Views

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Planned Development
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,682 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-044
  • $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 Managment Association, Phone Number (386) 446-0085
  • Built by CENTEX
  • Handicap Modified Features In Community

Amenities

  • Sauna
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,393

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
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Living Area: 1682
  • Year Built: 2005
  • Directions to Property: HAMMOCK DUNES PKWY.... RIGHT AT OCEAN HAMMOCK GUARD GATE AT HOTEL TRACE BLVD.
  • Status: Sold
  • Floor Number: 4
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Property Manager: MAY MANAGMENT
  • Property Manager Phone: 386-446-0085
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 1.00846
  • Price per Sq Ft: 425.09
  • Close to Original List Price Ratio: 1.02289
  • View: Yes
  • Co List Office Mls Id: 256500522
  • Co List Office Phone: 386-246-5700
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, 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
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting
  • Roof: Tile
  • View: Golf Course, Water
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Under Building
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Handicap Modified, Pool, Sauna
  • Association Fee: 517
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Gate
  • Senior Community: No
  • Association #2 Fee: 460
  • Association #2 Fee Frequency: Quarterly
  • Association: MAY MANAGMENT
  • Association Phone #2: 386-446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-044

Building Info

  • Builder Name: CENTEX

Rental Info

  • Pets Allowed: Yes
  • Pet Restrictions: 2

Tax Info

  • Tax Annual Amount: 5393.49
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Jan 12, 2022
Sold by
Robert Eberspacher
Bought by
Shirley David
Seller's Agent
ANDREW KALCOUNOS
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
MATTHEW FEENEY
COLDWELL BANKER (HAMMOCK)
List Price
$699,000
Sold Price
$715,000
Premium/Discount to List
$16,000
2.29%
Current Estimated Value
$798,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,080
Avg. Annual Appreciation
3.58%
Original Mortgage
$536,250
Outstanding Balance
$495,923
Interest Rate
3.22%
Estimated Equity
$316,661

Purchase Details

Closed on
Jul 22, 2005
Sold by
Centex Homes
Bought by
Eberspacher Robert and Schwarz Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,553
Interest Rate
5.5%
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
Shirley David $715,000 Convenant Closing & Title Serv
Eberspacher Robert $681,300 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shirley David $536,250
Previous Owner Schwarz Steven $544,000
Previous Owner Eberspacher Robert $671,553
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2022 02/02/22 Sold $715,000 +2.3% $425 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $699,000 -- $416 / 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 $9,465 $655,574 -- $655,574
2023 $9,465 $655,574 $0 $655,574
2022 $6,622 $546,312 $0 $546,312
2021 $5,471 $364,208 $0 $364,208
2020 $5,393 $353,600 $0 $353,600
2019 $5,472 $353,600 $0 $353,600
2018 $5,351 $337,600 $0 $337,600
2017 $5,300 $331,800 $0 $0
2016 $5,407 $331,800 $0 $0
2015 $5,208 $316,500 $0 $0
2014 $5,175 $316,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • ANDREW KALCOUNOS

    Seller's Agent in 2022

    ANDREW KALCOUNOS

    COASTAL GATEWAY REAL ESTATE GR

    (386) 986-8669

    173 in this area

    219 Total Sales

    ANDREW KALCOUNOS
    Section Image
  • Anthony Lombardo

    Seller Co-Listing Agent in 2022

    Anthony Lombardo

    COASTAL GATEWAY REAL ESTATE GR

    (386) 931-5279

    204 in this area

    252 Total Sales

    Anthony Lombardo
    Section Image

  • M

    Buyer's Agent in 2022

    MATTHEW FEENEY

    COLDWELL BANKER (HAMMOCK)

    (386) 503-1437

    49 in this area

    50 Total Sales

    MATTHEW FEENEY
    Section Image
See All Agents

About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC269770

Stellar MLS

APN: 04-11-31-3513-00000-0444

Florida Flagler County Palm Coast 32137

500 Cinnamon Beach Way Unit 444, Palm Coast, FL

This home is located at 500 Cinnamon Beach Way Unit 444, Palm Coast, FL 32137 since 27 July 2021 and is currently estimated at $798,080, approximately $474 per square foot. This property was built in 2005. 500 Cinnamon Beach Way Unit 444 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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