$550,000
SOLD SEP 8, 2020

510 Cinnamon Beach Ln Palm Coast, FL 32137

0.15 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

17% Below List Price

1 Day on Market

About This Lot

As of June 2023

Build your dream home or investment property on one of the last ocean front lots in Cinnamon Beach! This is the only community that offers both options with no time line to build. HOA covers all lot maintenance, including mowing, irrigation and landscaping and recreation. Build your private walkway to the beach, to be shared with one neighbor only. Oceanfront building opportunities in Cinnamon Beach are almost gone - don't delay!

Last Agent to Sell the Property

Luke O'Reilly

Hammock Real Estate Group Listed on: 09/01/2020

Last Buyer's Agent

Luke O'Reilly

Hammock Real Estate Group Listed on: 09/01/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,818

Lot Details

  • Lot Dimensions are 45' x 120.68
  • Ocean Front
  • Property is zoned PUD

HOA Fees

  • $327 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0930

Property Details

Property Type

Land

Est. Annual Taxes

$7,818

Lot Details

0

HOA Fees

$327 per month

Listing Details

  • Community Development District: Yes
  • Association Maintenance Fee: 982
  • Class: Lots And Land
  • Hoa Term: Quarterly
  • HOA: Yes
  • Legal Description: OCEAN HAMMOCK PARCEL A-5 PLAT ONE LOT 93 OR 837 PG 1544 OR 1135 PG 680 OR 1620 PG 113
  • Location: Ocean Front, Ocean View
  • Low Tide Depth: Unknown
  • Lvt Date: 10/09/2020
  • Type Of Property: Lots
  • Waste: Sewer
  • Access: Paved, Private
  • Water Source: City
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Type: Ocean Front
  • Waterfront: Yes

Lot Info

  • Lot Size: 45' x 120.68
  • Zoning: PUD
  • Improvements: Deed Restrictions
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 04-11-31-3512-00010-0930
  • Taxes: 7818
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jun 12, 2023
Sold by
Just In Time 8 Llc
Bought by
Lillig Alan and Lillig Christine
Seller's Agent
Luke O'Reilly
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Wendy Fischer
PREMIER SOTHEBYS INT'L REALTY
List Price
$3,295,000
Sold Price
$3,128,200
Premium/Discount to List
-$166,800
-5.06%
Views
78
Current Estimated Value
$3,096,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,129
Avg. Annual Appreciation
-0.60%
Original Mortgage
$2,500,000
Outstanding Balance
$2,445,865
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$642,860

Purchase Details

Listed on
Oct 9, 2020
Closed on
Aug 27, 2020
Sold by
510 Cinnamon Beach Lane Llc
Bought by
Just In Time 8 Llc
Seller's Agent
Luke Oreilly
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
NON MLS
NON MLS
List Price
$689,000
Sold Price
$550,000
Premium/Discount to List
-$139,000
-20.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.05%

Purchase Details

Closed on
Oct 2, 2007
Sold by
Kaltman Scott L
Bought by
510 Cinnamon Beach Lane Llc

Purchase Details

Closed on
Aug 16, 2004
Sold by
Janiak A Richard
Bought by
Kaltman Scott L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 21, 2002
Sold by
Centex Land Inv 2 L L C
Bought by
Janial A Richard
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 $3,128,200 None Listed On Document
Warranty Deed $550,000 Victory Ttl Of St Johns Cnty
Warranty Deed $550,000 Victory Title
Warranty Deed -- Attorney
Warranty Deed $775,000 --
Deed $585,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 New Conventional
Previous Owner $860,900 Construction
Previous Owner $325,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $550,000 -- --
06/26/2023 06/26/23 Sold $3,128,200 -5.1% $657 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $3,295,000 +378.2% $693 / Sq Ft
10/09/2020 10/09/20 For Sale $689,000 +25.3% --
09/08/2020 09/08/20 Sold $550,000 0.0% --
09/08/2020 09/08/20 Sold $550,000 -17.3% --
09/02/2020 09/02/20 Pending -- -- --
09/02/2020 09/02/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $665,000 -- --
Source: St. Augustine and St. Johns County Board of REALTORS®

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 $9,126 $2,559,269 $640,000 $1,919,269
2023 $9,126 $578,380 $0 $0
2022 $7,798 $558,000 $558,000 $0
2021 $7,162 $478,000 $478,000 $0
2020 $8,054 $530,000 $530,000 $0
2019 $8,172 $530,000 $530,000 $0
2018 $7,818 $495,000 $495,000 $0
2017 $7,595 $495,000 $495,000 $0
2016 $7,370 $421,927 $0 $0
2015 $6,420 $383,570 $0 $0
2014 $6,060 $378,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: St. Augustine and St. Johns County Board of REALTORS®

MLS Number: 198942

St. Augustine and St. Johns County Board of REALTORS®

APN: 04-11-31-3512-00010-0930