NOT LISTED FOR SALE

517 Cinnamon Beach Ln Palm Coast, FL 32137

Estimated Value: $1,287,374 - $1,406,000

3 Beds
2.5 Baths
3,892 Sq Ft
$345/Sq Ft Est. Value

Last Sold December 17, 2019

Last sale price $762,000 $196 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $8,480/month

22 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Fitness Center
  • Gated Community
  • Old Kings Elementary School Rated A-
  • Spa
  • Clubhouse

About This Home

As of December 2019

**FANTASTIC OPPORTUNITY TO OWN A CUSTOM BUILT HOME LOCATED IN OCEAN HAMMOCK A JACK NICHOLAS GOLF COMMUNITY. THIS 3 BEDROOM 2.5 BATH HOME IS LOADED WITH UPGRADES AND HAS THE OPTION FOR SHORT TERM RENTAL.(RENTAL HISTORY ON FILE) THE HOME HAS 3892 LIVING SQFT AND IS LOCATED STEPS AWAY FROM THE BEACH AND AMENITIES. THE HOME OFFERS.....2 NEW AC(2019) KITCHEN COUNTER TOPS GRANITE,4 BALCONIES & EXTENSIVE BI-LEVEL TREMRON PAVER PATIOS,ROOF TOP DECK WITH 360 DEGREE OCEAN VIEWS,2 MASTER BEDROOMS,2 KITCHEN AREAS,ELABORATE ROOM BY ROOM SPEAKER SYSTEM,LARGE BEDROOMS,EXPANDED PANTRY,2 LAUNDRY ROOMS,MOEN FIXTURES,MULTI HEAD MASTER SHOWER, JETTED TUB,BOSCH APPLIANCES,CYPRESSWOOD CEILINGS, TABBYSTONE FIREPLACE WITH MANTLE,DURA SUPREME CABINETRY IN KITCHEN,MEDIA ROOM WITH DRY BAR AND CABINETRY FROM ITALY,SECURITY SYSTEM,ENERGY EFFICIENT AND UPGRADED EXTERIOR FINISHES INCLUDES JAMES HARDIE SIDING,MONIER TILE,TILE ROOF,BAHAMA SHUTTER, LOW E. IMPACT WINDOWS, OPTION LIST ON FILE***

Last Agent to Sell the Property

ANDREW KALCOUNOS

COASTAL GATEWAY REAL ESTATE GR License #3063166 Listed on: 09/07/2019

COASTAL GATEWAY REAL ESTATE GR

Co-Listed By

Anthony Lombardo

COASTAL GATEWAY REAL ESTATE GR License #3013220

Last Buyer's Agent

M. Montana Wakefield (DR)

WAKEFIELD REAL ESTATE, INC. License #3252948

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,047

Year Built

  • Built in 2010

Lot Details

  • 6,214 Sq Ft Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Property fronts gulf or ocean
  • East Facing Home
  • Irregular Lot
  • Well Sprinkler System
  • Property is zoned PUD

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Split Level Home
  • Frame Construction
  • Tile Roof

Interior Spaces

  • 3,892 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Water Views
  • Security Lights

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0610
  • $59 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-hour guard, ground maintenance, pest control, trash
  • Ohpoa Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision, Tyler's Tide Floorplan

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,047

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Frame
  • Fireplace: Yes
  • Living Area: 3892
  • Lot Size Acres: 0.14
  • Year Built: 2010
  • Lot Size Sq Ft: 6214
  • Directions to Property: ****HAMMOCK DUNES PKWY TO THE GATES OF OCEAN HAMMOCK****GATE ACCESS MUST BE GRANTED**** "THIS CUSTOM HOME WAS THE SHOWCASE HOME IN THE PARADE OF HOMES"
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Property Manager: MAY MANAGEMENT
  • Property Manager Phone: 386-446-0085
  • Ratio: Close Price\List Price: 0.95849
  • Price per Sq Ft: 195.79
  • Close to Original List Price Ratio: 0.95849
  • View: No
  • Co List Office Mls Id: 256500522
  • Co List Office Phone: 386-246-5700
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 517
  • Room Count: 15
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Lighting, Rain Gutters
  • Roof: Tile
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch, Rear Porch
  • Road Surface Type: Paved
  • Water View Y N: Yes
  • Waterfront Frontage: 50

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Clubhouse, Fitness Center, Gated, Pool, Trail(s)
  • Association Fee: 1245
  • Association Name: OHPOA
  • Phone: 386-446-0085
  • Association: Yes
  • Security: Security Lights
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3512-00010-0610
  • Lot Features: Irregular Lot
  • Price Per Acre: 5442857
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10047.19
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Gulf/Ocean, Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2019
Closed on
Dec 6, 2019
Sold by
517 Cinnamon Beach Lane Llc
Bought by
Bosse Alison and Most Charles
Seller's Agent
ANDREW KALCOUNOS
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
M. Montana Wakefield (DR)
WAKEFIELD REAL ESTATE, INC.
List Price
$795,000
Sold Price
$762,000
Premium/Discount to List
-$33,000
-4.15%
Current Estimated Value
$1,344,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$582,344
Avg. Annual Appreciation
10.78%

Purchase Details

Closed on
Mar 18, 2011
Sold by
Cbv 61 Llc
Bought by
517 Cinnamon Beach Lane Llc

Purchase Details

Closed on
Jan 2, 2009
Sold by
Doyle Hickey James M and Assogna Denise A
Bought by
Cbv 61 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 21, 2002
Sold by
Centex Land Inv 2 L L C
Bought by
Doylehickey James M and Assogna Denise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,920
Interest Rate
6.67%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Bosse Alison $762,000 Covenant Closing & Ttl Svcs
517 Cinnamon Beach Lane Llc $699,000 Coast Title Ins Agency Inc
Cbv 61 Llc $350,000 Pioneer Title Services Llc
Doylehickey James M $279,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cbv 61 Llc $50,000
Previous Owner Cbv 61 Llc $250,000
Previous Owner Doyle Hickey James M $115,000
Previous Owner Doylehickey James M $223,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2019 12/17/19 Sold $762,000 -4.2% $196 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/07/2019 09/07/19 For Sale $795,000 -- $204 / 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 $14,026 $1,228,763 $342,000 $886,763
2023 $14,026 $818,203 $0 $0
2022 $11,465 $816,310 $260,000 $556,310
2021 $10,344 $676,201 $215,000 $461,201
2020 $9,986 $642,306 $226,000 $416,306
2019 $10,807 $694,101 $180,000 $514,101
2018 $10,047 $625,507 $175,000 $450,507
2017 $9,452 $600,552 $175,000 $425,552
2016 $8,970 $512,064 $0 $0
2015 $8,496 $463,648 $0 $0
2014 $8,189 $545,163 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC251073

Stellar MLS

APN: 04-11-31-3512-00010-0610