NOT LISTED FOR SALE

509 Cinnamon Beach Ln Palm Coast, FL 32137

Estimated Value: $1,248,000 - $1,395,000

0.25 Acre
$5,300,344 Price per Acre
10,890 Sq Ft Lot

Last Sold October 31, 2016

Last sale price $295,000 $45 Per Sq Ft

Est. 349% increase in value since last sale

Current estimated payment $8,514/month

132 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Old Kings Elementary School Rated A-
  • Corner Lot

About This Lot

As of October 2016

One of the last 2cnd row ocean lots available. Just steps to the ocean walk over. Just a few lots down from the community pools. Cinnamon Beach has an oceanfront lap pool, family pool, fitness center, game room and seasonal poolside cafe. Build for personal use or rental when you are not enjoying the beach!! OWNER FINANCING POSSIBLE------LETS TALK!!!; Paid Sewer:0;

Last Agent to Sell the Property

PETER McKINLEY

REALTY EXECUTIVES OCEANSIDE License #3142834 Listed on: 05/15/2016

REALTY EXECUTIVES OCEANSIDE

Last Buyer's Agent

MATTHEW FEENEY

COLDWELL BANKER (HAMMOCK) License #3123360

COLDWELL BANKER (HAMMOCK)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,056

Year Built

  • 2018

Lot Details

  • 0.25 Acre Lot
  • Property fronts gulf or ocean
  • East Facing Home
  • Corner Lot
  • Property is zoned PUD SINGLE FAMILY

Community Details

  • Property has a Home Owners Association
  • Ocean Hammock Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision
  • The community has rules related to building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0980

Property Details

Property Type

Land

Est. Annual Taxes

$1,056

Year Built

2018

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Sq Ft: 6548
  • Directions to Property: Hammock Dunes Parkway to Ocean Hammock Guard gate at Hotel Trace Blvd.
  • Status: Sold
  • Co List Office Mls Id: MFR1111
  • Co List Office Phone: 386-446-9001
  • RATIO Current Price By Calculate: 45.05
  • Total Acreage: 0 to less than 1/4
  • Tax Year: 2013
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 2018

Interior Features

  • Street Number Modifier: 509
  • Room Count: 0

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: None
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View YN: 1
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Special Community Restrictions
  • Association Fee: 1018
  • Association Name: Ocean Hammock
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name Nccb: OCEAN HAMMOCK
  • Montly Maint Amt Addition To HOA: 0
  • Development: Cinnamon Beach

Lot Info

  • Zoning: PUD SINGLE FAMILY
  • Parcel Number: 04-11-31-3512-00010-0980
  • Current Use: Other
  • Lot Features: Corner Lot, Other
  • Lot Size Square Meters: 608

Tax Info

  • Tax Annual Amount: 1056.22

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2023
Sold by
Halter Kevin
Bought by
Restatement Of Revocable Trust and Halter
Total Days on Market
132
Current Estimated Value
$1,325,086

Purchase Details

Listed on
May 15, 2016
Closed on
Oct 24, 2016
Sold by
Moore Ann Kacelle
Bought by
Halter Kevin
Seller's Agent
PETER McKINLEY
REALTY EXECUTIVES OCEANSIDE
Buyer's Agent
MATTHEW FEENEY
COLDWELL BANKER (HAMMOCK)
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.06%
Original Mortgage
$285,000
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Gay Jeff D and Gay Thomas
Bought by
Moore Ann Kacelle and The Ann Kacelle Moore Revocable Living T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,100
Interest Rate
6.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 28, 2002
Sold by
Centex Land Inv Ii L L C
Bought by
Gay Thomas W and Gay Jeff D
Source: Public Records

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Range of Values:

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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
Restatement Of Revocable Trust $100 None Listed On Document
Halter Kevin $295,000 Covenant Closing & Title Ser
Moore Ann Kacelle $399,000 --
Gay Thomas W -- --
Gay Andrew $269,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revocable Trust Agree Emt Of K $250,000
Closed Halter Llc $250,000
Previous Owner Halter Kevin $578,000
Previous Owner Halter Kevin $660,936
Previous Owner Halter Kevin $285,000
Previous Owner Moore Ann Kacelle $2,000,000
Previous Owner Moore Ann Kacelle $359,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2022 10/23/22 Off Market $295,000 -- --
10/31/2016 10/31/16 Sold $295,000 -9.2% $45 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $325,000 -- $50 / 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 $13,251 $1,131,293 $175,000 $956,293
2023 $13,251 $785,008 $0 $0
2022 $10,982 $777,436 $175,000 $602,436
2021 $9,937 $648,767 $164,500 $484,267
2020 $9,275 $595,133 $157,000 $438,133
2019 $10,042 $636,632 $157,000 $479,632
2018 $2,805 $160,000 $160,000 $0
2017 $2,587 $160,000 $160,000 $0
2016 $1,940 $84,519 $0 $0
2015 $1,616 $76,835 $0 $0
2014 $1,592 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • PETER McKINLEY

    Seller's Agent in 2016

    PETER McKINLEY

    REALTY EXECUTIVES OCEANSIDE

    (386) 338-4781

    54 Total Sales

    PETER McKINLEY
    Section Image

  • M

    Buyer's Agent in 2016

    MATTHEW FEENEY

    COLDWELL BANKER (HAMMOCK)

    (386) 503-1437

    57 Total Sales

    MATTHEW FEENEY
    Section Image
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Map

Source: Stellar MLS

MLS Number: FC221388

Stellar MLS

APN: 04-11-31-3512-00010-0980

Florida Flagler County Palm Coast 32137

509 Cinnamon Beach Ln, Palm Coast, FL

This home is located at 509 Cinnamon Beach Ln, Palm Coast, FL 32137 since 15 May 2016 and is currently estimated at $1,325,086, approximately $202 per square foot. This property was built in 2018. 509 Cinnamon Beach Ln 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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