Seller's Agent in 2018
Luke O'Reilly
CINNAMON BEACH REALTY
(386) 246-9934
230 in this area
258 Total Sales
Ocean Hammock 500 Cinnamon Beach Way Unit 461 Palm Coast, FL 32137
3
Beds
3
Baths
2,003
Sq Ft
$857/mo
HOA Fee
Highlights
- Property fronts gulf or ocean
- Fitness Center
- Golf Course View
- Old Kings Elementary School Rated A-
- Gated Community
- Clubhouse
About This Home
As of February 2018Many consider this to be the premier building in the Cinnamon Beach Ocean Front complex. Slightly turned to the north it sits above the par 3-- 8th green of the Ocean Hammock course. Incredible ocean and golf views in this penthouse end unit. Large oceanfront balcony with views as far as the eye can see! This unit is sold fully furnished for the rental program or keep this slice of paradise for your personal pleasure.Great rental history. Updated in 2013 this unit boasts 42 inch cabinets, granite counters, glass back splash, tile and wood floors, crown molding and high volume ceiling at the penthouse level. The community has both an oceanfront lap pool, family pool, fitness center, clubhouse, game room and walking/biking paths throughout the entire Hammock area. Located just 20 minutes to St. Augustine, 30 minutes to Daytona, 60 minutes to Jacksonville and 90 minutes to Orlando and all the Disney attractions. Palm Coast and Flagler County have the old Florida charm with quiet beaches!
Last Agent to Sell the Property
REALTY EXECUTIVES OCEANSIDE License #3142834 Listed on: 01/07/2016
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,410
Year Built
- Built in 2005
Lot Details
- End Unit
- Southwest Facing Home
- Irrigation Equipment
HOA Fees
Parking
- Parking Garage Space
Home Design
- Contemporary Architecture
- Entry on the 6th floor
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,003 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Window Treatments
- Storage Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Security Lights
- Security Gate
Outdoor Features
- Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 04-11-31-3513-00000-0461
- $61 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 Management Association, Phone Number (386) 446-0085
- Ocean Hammock Condos
- Built by Centex
- Ocean Hammock Subdivision
- Property managed by May Management
- Handicap Modified Features In Community
Recreation
Pet Policy
- Pets Allowed
Additional Features
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2017
Closed on
Feb 20, 2018
Sold by
Cartwright Terence and Cartwright Gloria
Bought by
Sedwick Jack and Sedwick Sherry
Seller's Agent
Luke O'Reilly
CINNAMON BEACH REALTY
Buyer's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,365
Avg. Annual Appreciation
6.70%
Purchase Details
Listed on
Jan 7, 2016
Closed on
Jun 21, 2016
Sold by
Silloway David J and Silloway Erica L
Bought by
Cartwright Terence and Cartwright Gloria
Seller's Agent
PETER McKINLEY
REALTY EXECUTIVES OCEANSIDE
Buyer's Agent
BRANKA DAMIANI
COASTAL GATEWAY REAL ESTATE GR
List Price
$549,000
Sold Price
$517,500
Premium/Discount to List
-$31,500
-5.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$414,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2010
Sold by
Regions Bank
Bought by
Silloway David J and Silloway Erica L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 30, 2009
Sold by
Rappaport Todd A and Cinnamon Beach At Ocean Hammoc
Bought by
Regions Bank
Purchase Details
Closed on
Jul 28, 2005
Sold by
Centex Homes
Bought by
Rappaport Todd A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,668
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $565,000 | Title Chain Inc | |
| Warranty Deed | $517,500 | Covenant Closing & Title Ser | |
| Corporate Deed | $425,000 | Watson Title Services Inc | |
| Trustee Deed | -- | Attorney | |
| Condominium Deed | $926,700 | Commerce Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $414,000 | New Conventional | |
| Previous Owner | $325,050 | New Conventional | |
| Previous Owner | $382,000 | Seller Take Back | |
| Previous Owner | $92,668 | Credit Line Revolving | |
| Previous Owner | $741,334 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/23/2022 10/23/22 | Off Market | $517,500 | -- | -- |
| 02/20/2018 02/20/18 | Sold | $565,000 | -5.7% | $282 / Sq Ft |
| 01/27/2018 01/27/18 | Pending | -- | -- | -- |
| 12/01/2017 12/01/17 | For Sale | $599,000 | +15.7% | $299 / Sq Ft |
| 06/30/2016 06/30/16 | Sold | $517,500 | -5.7% | $258 / Sq Ft |
| 04/29/2016 04/29/16 | Pending | -- | -- | -- |
| 01/06/2016 01/06/16 | For Sale | $549,000 | -- | $274 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $8,914 | $774,720 | -- | $774,720 |
| 2023 | $8,914 | $520,784 | $0 | $0 |
| 2022 | $7,819 | $645,600 | $0 | $645,600 |
| 2021 | $6,454 | $430,400 | $0 | $430,400 |
| 2020 | $6,552 | $430,400 | $0 | $430,400 |
| 2019 | $6,096 | $394,400 | $0 | $394,400 |
| 2018 | $5,974 | $377,300 | $0 | $377,300 |
| 2017 | $6,510 | $408,400 | $0 | $0 |
| 2016 | $6,644 | $408,400 | $0 | $0 |
| 2015 | $6,410 | $390,300 | $0 | $0 |
| 2014 | $6,373 | $390,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Luke O'Reilly
-
Jason Massey
Seller Co-Listing Agent in 2018
Jason Massey
HAMMOCK REAL ESTATE GROUP
(321) 439-9269
27 in this area
29 Total Sales
-
Dave Franklin
Buyer's Agent in 2018
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
(386) 569-8518
17 in this area
17 Total Sales
-
PETER McKINLEY
Seller's Agent in 2016
PETER McKINLEY
REALTY EXECUTIVES OCEANSIDE
(386) 338-4781
35 in this area
51 Total Sales
-
BRANKA DAMIANI
Buyer's Agent in 2016
BRANKA DAMIANI
COASTAL GATEWAY REAL ESTATE GR
(386) 793-6913
50 in this area
63 Total Sales
About Ocean Hammock
Map
Source: Stellar MLS
MLS Number: FC218017
APN: 04-11-31-3513-00000-0461
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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