Ocean Hammock 500 Cinnamon Beach Way Unit 464 Palm Coast, FL 32137
Estimated Value: $757,000 - $891,000
3
Beds
2
Baths
1,682
Sq Ft
$843/mo
HOA Fee
Highlights
- 112 Feet of Ocean or Gulf Waterfront
- Beach View
- On Golf Course
- Old Kings Elementary School Rated A-
- Beach Access
- Fitness Center
About This Home
As of May 2023LOCATION! VIEWS AND COMPLETLEY RENOVATED! You can have it all in this Cinnamon Beach oceanfront penthouse with vaulted ceilings. This is a perfect place for a vacation getaway or year round living in the areas best kept secret. The ocean and golf course views are abundant in this most sought after building in the complex. Beautiful luxury vinyl plank flooring leads you to the kitchen with granite countertops & backsplash, custom cabinets with pull outs and Kitchen Aide mixer cabinet, Fisher & Paykel double drawer dishwasher, Samsung appliances with induction stove, upper and lower cabinet lighting. Bedrooms, linen closets and laundry room are completely built out for additional storage. Fantastic light fixtures are spread throughout and virtually every room has been upgraded with custom touches. New doors and hardware throughout, Tile to ceiling and floor in the guest & Master bathrooms, glass swing door, deep soaking tub, recycled glass countertop with glass sink and Hansgrohe push button faucet & shower fixture. Spend your early mornings on your balcony and be mesmerized while watching the sun rise and listening to the sounds of the ocean waves. Also, take your front row seat on your balcony to watch golf on the 8th green of Nicklaus Ocean Course. Amenities for your enjoyment; oceanfront heated pool, 2nd heated zero entry pool & water splash zone, fitness center, jacuzzi, cafe and game room. Check out why Cinnamon Beach is a favorite for many. Replaced Trane 4TWR4 Heat Pump in 2022. Rheem Classic water heater replaced January of 2021.
Last Agent to Sell the Property
COASTAL GATEWAY REAL ESTATE GR License #3109455 Listed on: 03/27/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,042
Year Built
- Built in 2005
Lot Details
- On Golf Course
- Northeast Facing Home
- Irrigation
HOA Fees
Parking
- Parking Garage Space
Property Views
Home Design
- Block Foundation
- Slab Foundation
- Tile Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 1,682 Sq Ft Home
- Built-In Features
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Double Pane Windows
- Sliding Doors
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Home Security
Pool
- In Ground Pool
- Heated Spa
Outdoor Features
- Beach Access
- Water access To Gulf or Ocean
- Balcony
- Outdoor Storage
Schools
- Old Kings Elementary School
- Indian Trails Middle-Fc School
- Matanzas High School
Utilities
- Central Air
- Heat Pump System
- Underground Utilities
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 04-11-31-3513-00000-0464
- $59 per year additional tax assessments
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
- May Management Association
- Mid-Rise Condominium
- Cinnamon Beach Condos
- Ocean Hammock 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
- Community Storage Space
Recreation
- Golf Course Community
- Recreation Facilities
- Community Spa
Pet Policy
- Pets Allowed
- 2 Pets Allowed
Security
- Security Service
- Gated Community
- High Impact Windows
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2023
Closed on
May 31, 2023
Sold by
Marin Stephen F and Marin Delores A
Bought by
Mason Donna
Seller's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$974,900
Sold Price
$957,500
Premium/Discount to List
-$17,400
-1.78%
Total Days on Market
12
Views
88
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
-$115,600
Avg. Annual Appreciation
-6.17%
Original Mortgage
$670,250
Outstanding Balance
$655,843
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$186,057
Purchase Details
Closed on
Nov 2, 2020
Sold by
Parker Douglas W and Parker Betty Jane
Bought by
Marin Stephen F and Marin Delores A
Purchase Details
Closed on
Mar 11, 2010
Sold by
Arceo Constantino and Rombola Robert A
Bought by
Parker Douglas W and Parker Betty Jane
Purchase Details
Closed on
Oct 16, 2006
Sold by
Rombola Robert A
Bought by
Rombola Robert A and Robert A Rombola Revocable Tru
Purchase Details
Closed on
Jul 27, 2005
Sold by
Centex Homes
Bought by
Arceo Constantino and Rombola Robert
Similar Homes in Palm Coast, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mason Donna | $957,500 | Veterans Title | |
| Marin Stephen F | $540,000 | Title Chain Inc | |
| Parker Douglas W | $425,000 | Pioneer Title Services Llc | |
| Rombola Robert A | -- | Attorney | |
| Arceo Constantino | $802,200 | Commerce Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mason Donna | $670,250 | |
| Previous Owner | Rombola Robert A | $155,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2023 05/31/23 | Sold | $957,500 | -1.8% | $569 / Sq Ft |
| 04/09/2023 04/09/23 | Pending | -- | -- | -- |
| 03/27/2023 03/27/23 | For Sale | $974,900 | -- | $580 / 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 | $5,226 | $498,145 | -- | -- |
| 2023 | $5,226 | $399,064 | $0 | $0 |
| 2022 | $5,042 | $387,441 | $0 | $0 |
| 2021 | $5,052 | $376,156 | $0 | $376,156 |
| 2020 | $3,924 | $365,200 | $0 | $0 |
| 2019 | $3,882 | $365,200 | $0 | $0 |
| 2018 | $3,891 | $284,204 | $0 | $0 |
| 2017 | $5,484 | $343,400 | $0 | $0 |
| 2016 | $5,594 | $343,400 | $0 | $0 |
| 2015 | -- | $328,100 | $0 | $0 |
| 2014 | -- | $328,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carlene Reardon
Seller's Agent in 2023
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
(386) 503-5897
239 Total Sales
-
Stellar Non-Member Agent
S
Buyer's Agent in 2023
Stellar Non-Member Agent
FL_MFRMLS
About Ocean Hammock
Map
Source: Stellar MLS
MLS Number: FC290159
APN: 04-11-31-3513-00000-0464
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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