$460,000
SOLD OCT 15, 2014

Ocean Hammock 500 Cinnamon Beach Way Unit 451 Palm Coast, FL 32137

3 Beds
3 Baths
2,003 Sq Ft
$695/mo HOA Fee

Recently Sold

$230 Per Sq Ft

11% Below List Price

51 Days on Market

Highlights

  • Ocean Front
  • On Golf Course
  • Spa
  • Old Kings Elementary School Rated A-
  • 24-Hour Security
  • Clubhouse

About This Home

As of May 2019

Spectacular Signature View Unit! Best view Available, Golf and Ocean front views! 3bd 3ba unit has all of the upgrades! Fully furnished unit has granite counters, SS appliances, tile in wet areas. Prestigious Hammock Beach Golf Course views! Cinnamon Beach community features 2 pools, 2 spas, private beach access, clubhouse, restaurant and more.

Last Agent to Sell the Property

JAMES HUBBART

FPM PROPERTIES Listed on: 06/25/2014

Last Buyer's Agent

NON MLS

NON MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,773

Year Built

  • Built in 2005

Lot Details

  • On Golf Course

HOA Fees

  • $695 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Entry on the 5th floor
  • Tile Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0411313513000000451

Community Details

Overview

  • Association fees include insurance, ground maintenance, security, trash
  • Ocean Hammock Subdivision

Amenities

Recreation

  • Golf Course Community
  • Community Spa

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,773

Year Built

Built in 2005

Lot Details

0

HOA Fees

$695 per month

Listing Details

  • Property Type: Residential
  • Property Attached Yn: Yes
  • New Construction: No
  • Stories: 1
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Subdivision Name: Ocean Hammock
  • Architectural Style: Flat
  • Entry Level: 5
  • General Property Information Living Area2: 2003.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Security Features Smoke Detector(s): Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Entry Level2: 5.0
  • Security Features:_two_4 Hour Security: Yes
  • ViewOcean: Yes
  • Roof:Tile2: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Elevator, Entrance Foyer, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Major Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Spa Features: Private
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 2003.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Breakfast Bar: Yes
  • Pool Features:Community: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Waterfront: Yes
  • Exterior: Balcony
  • Roof: Tile
  • Lot Features: On Golf Course
  • Pool Features: Community
  • View: Golf Course, Ocean
  • Waterfront Features: Ocean Front
  • Construction Type: Concrete, Stucco
  • Exterior Features:Balcony: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:On Golf Course: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unassigned, Underground
  • Parking Features:Underground2: Yes
  • Parking Features:Unassigned: Yes

Utilities

  • Utilities: Cable Available
  • Security: 24 Hour Security, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 695.0
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Golf Course, Management - Full Time, Spa/Hot Tub
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 695.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Golf Course: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Security2: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Security, Trash

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 0411313513000000451
  • Zoning Description: Condominium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
May 16, 2019
Sold by
Cervenka Robert Paul and The Robert Paul Cervenka Revoc
Bought by
Drvostep Jim and Drvostep Shana
Seller's Agent
Anthony Lombardo
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Anthony Lombardo
COASTAL GATEWAY REAL ESTATE GR
List Price
$569,000
Sold Price
$540,000
Premium/Discount to List
-$29,000
-5.1%
Current Estimated Value
$911,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,691
Avg. Annual Appreciation
9.01%

Purchase Details

Listed on
Jun 25, 2014
Closed on
Oct 15, 2014
Sold by
Marchigiano Michael V and Marchigiano Debra
Bought by
Cervenka Robert Paul and The Robert Paul Cervenka Revoc
Seller's Agent
JAMES HUBBART
FPM PROPERTIES
Buyer's Agent
NON MLS
NON MLS
List Price
$515,000
Sold Price
$460,000
Premium/Discount to List
-$55,000
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%

Purchase Details

Closed on
Aug 24, 2007
Sold by
Schmitt Steven J and Schmitt Mary E
Bought by
Marchigiano Michael V and Marchigiano Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2005
Sold by
Centex Homes
Bought by
Schmitt Steven J and Schmitt Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,150
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $540,000 Covenant Closing & Ttl Svcs
Warranty Deed $460,000 Attorney
Warranty Deed $729,000 The Title Co Of Mid Fl Inc
Condominium Deed $806,500 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $583,200 Purchase Money Mortgage
Previous Owner $645,150 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $460,000 -- --
05/21/2019 05/21/19 Sold $540,000 -5.1% $270 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $569,000 +23.7% $284 / Sq Ft
10/15/2014 10/15/14 Sold $460,000 -10.7% $230 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $515,000 -- $257 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $8,773 $762,300 -- $762,300
2023 $8,773 $512,435 $0 $0
2022 $7,694 $635,250 $0 $635,250
2021 $6,352 $423,500 $0 $423,500
2020 $6,448 $423,500 $0 $423,500
2019 $5,991 $387,500 $0 $387,500
2018 $5,865 $370,400 $0 $370,400
2017 $6,401 $401,500 $0 $0
2016 $6,532 $401,500 $0 $0
2015 $6,298 $383,400 $0 $0
2014 $6,259 $383,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Lombardo

    Seller's Agent in 2019

    Anthony Lombardo

    COASTAL GATEWAY REAL ESTATE GR

    (386) 931-5279

    205 in this area

    253 Total Sales

    Anthony Lombardo
    Section Image
  • ANDREW KALCOUNOS

    Seller Co-Listing Agent in 2019

    ANDREW KALCOUNOS

    COASTAL GATEWAY REAL ESTATE GR

    (386) 986-8669

    174 in this area

    220 Total Sales

    ANDREW KALCOUNOS
    Section Image

  • J

    Seller's Agent in 2014

    JAMES HUBBART

    FPM PROPERTIES

  • N

    Buyer's Agent in 2014

    NON MLS

    NON MLS

    NON MLS
    Section Image

  • 9

    Buyer's Agent in 2014

    99999 99999

    WATSON REALTY CORP

See All Agents

About Ocean Hammock

Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 714597

realMLS (Northeast Florida Multiple Listing Service)

APN: 04-11-31-3513-00000-0451

Florida Flagler County Palm Coast 32137

500 Cinnamon Beach Way Unit 451, Palm Coast, FL

This home is located at 500 Cinnamon Beach Way Unit 451, Palm Coast, FL 32137 and is currently priced at $460,000, approximately $229 per square foot. This property was built in 2005. 500 Cinnamon Beach Way Unit 451 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.

realMLS (Northeast Florida Multiple Listing Service) 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. Data is deemed reliable but is not guaranteed accurate by NEFMLS.

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