NOT LISTED FOR SALE

520 Cinnamon Beach Ln Palm Coast, FL 32137

Estimated Value: $2,220,277 - $2,982,000

5 Beds
4.5 Baths
4,024 Sq Ft
$621/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $1,650,000 $410 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $15,119/month

77 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Gated Community
  • Old Kings Elementary School Rated A-
  • Heated Pool
  • Clubhouse

About This Home

As of October 2020

COASTAL COMFORT meets CASUAL ELEGANCE!! Direct Oceanfront Custom Built 5 Bedroom 4 1/2 Bath Gorgeous Home! Sit back and Enjoy the Views! 4 Stories of Perfection with Private Elevator. A Fabulous Vacation Home, Full Time Home or Short Term Rental! 180 Degree Ocean Views from 2nd and 3rd floor Balconies! A large Covered 1st floor Back Patio and Front Balconies on the Second and Third Floors complete the Outside Space! Every Detail of this Home has been Meticulously Maintained including in 2020 Two New Trane A/C Systems, New Aluminum Striated Roof, New Aluminum Seamless Gutter System, New Bosch Dishwasher and New Bosch 5 Burner Gas Cook top. Custom Window Finishes and Crown Molding throughout. Engineered Maple Flooring in all common areas including Living Room, Kitchen and Stairs. Features include 2 Tankless Gas Hot Water Heaters, Fire Suppression System, Intercom System and Security System. For the Crafter and Artist there is a Workshop off the Garage with Roll In / Roll out Work space!

Last Agent to Sell the Property

Steven Morris

MORRIS WILLIAMS REALTY License #3179896 Listed on: 07/07/2020

Last Buyer's Agent

Noah Bailey

KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG) License #3081415

KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,899

Year Built

  • Built in 2009

Lot Details

  • 6,011 Sq Ft Lot
  • Property fronts gulf or ocean
  • West Facing Home
  • Irrigation Equipment
  • Property is zoned PUD

Parking

  • 2 Car Garage
  • Oversized Parking

Home Design

  • Split Level Home
  • Frame Construction
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,024 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Storage Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Balcony
  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • No Cooling
  • Heat Pump System
  • Underground Utilities
  • Propane
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Homestead Exemption
  • Assessor Parcel Number 0411313512000100880
  • $59 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-hour guard, ground maintenance
  • Cinnamon Beach Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision, Custom Floorplan
  • Handicap Modified Features In Community

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,899

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Frame, Stucco
  • Living Area: 4024
  • Lot Size Acres: 0.14
  • Year Built: 2009
  • Lot Size Sq Ft: 6011
  • Directions to Property: I-95 Exit 289 East over toll bridge to Hammock Dunes Pkwy North to Hotel Trace Blvd.Through gate to Left on Ocean Way Blvd.Through Cinnamon Beach gates to Cinnamon Beach Ln turn Right - house on Left
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: Yes
  • Property Manager: May Management
  • Property Manager Phone: 386-446-0085
  • Ratio: Close Price\List Price: 0.94286
  • Price per Sq Ft: 410.04
  • Close to Original List Price Ratio: 0.94286
  • View: No
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, High Ceiling(s), Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Total Bedrooms: 5
  • Levels: Multi/Split
  • Other Equipment: Irrigation Equipment
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 520
  • Room Count: 16
  • Additional Rooms: Storage Rooms

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated
  • Exterior Features: Balcony, Lighting, Rain Gutters
  • Roof: Metal
  • Patio and Porch Features: Covered, Front Porch, Patio, Rear Porch

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Propane, Underground Utilities
  • Heating: Heat Pump, Other
  • Laundry Features: Inside, Laundry Room
  • Sewer: Private Sewer
  • Water Source: Private
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Clubhouse, Fitness Center, Gated, Handicap Modified, Pool, Sauna
  • Association Fee: 1282
  • Association Name: Cinnamon Beach
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD
  • Parcel Number: 0411313512000100880
  • Price Per Acre: 11785714
  • Current Adjacent Use: Vacant

Tax Info

  • Tax Annual Amount: 10899
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Oct 21, 2020
Sold by
Smith David B and Smith Joyce S
Bought by
Knight Brian and Knight Jennifer
Seller's Agent
Steven Morris
MORRIS WILLIAMS REALTY
Buyer's Agent
Noah Bailey
KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG)
List Price
$1,750,000
Sold Price
$1,650,000
Premium/Discount to List
-$100,000
-5.71%
Total Days on Market
77
Current Estimated Value
$2,498,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$848,319
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
May 29, 2007
Sold by
Ali Joseph and Ali Jacqueline
Bought by
Smith David B and Smith Joyce S

Purchase Details

Closed on
Apr 15, 2004
Sold by
Root John and Root Carol
Bought by
Ali Joseph and Ali Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.38%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 28, 2002
Sold by
Centex Land Inv 2 L L C
Bought by
Root John and Root Carol
Source: Public Records

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Range of Values:

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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
Knight Brian $1,650,000 America S Choice Title Co
Knight Brian $1,650,000 Americas Choice Title
Knight Brian $1,650,000 Americas Choice Title
Smith David B $750,000 Attorney
Ali Joseph $750,000 --
Root John $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith David B $329,000
Previous Owner Smith David B $400,500
Previous Owner Smith David B $400,000
Previous Owner Ali Joseph $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $1,650,000 -5.7% $410 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $1,750,000 -- $435 / 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 $22,336 $1,895,612 $640,000 $1,255,612
2023 $22,336 $1,357,403 $0 $0
2022 $18,735 $1,342,939 $558,000 $784,939
2021 $16,965 $1,121,820 $478,000 $643,820
2020 $10,998 $749,401 $0 $0
2019 $10,899 $732,552 $0 $0
2018 $10,942 $718,893 $0 $0
2017 $10,806 $704,107 $0 $0
2016 $10,771 $689,643 $0 $0
2015 $10,796 $684,849 $0 $0
2014 $10,901 $679,414 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Steven Morris

    MORRIS WILLIAMS REALTY

    (407) 568-9100

    14 Total Sales

    Steven Morris
    Section Image
  • Noah Bailey

    Buyer's Agent in 2020

    Noah Bailey

    KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG)

    (904) 977-8571

    912 Total Sales

    Noah Bailey
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: FC258523

Stellar MLS

APN: 04-11-31-3512-00010-0880

Florida Flagler County Palm Coast 32137

520 Cinnamon Beach Ln, Palm Coast, FL

This home is located at 520 Cinnamon Beach Ln, Palm Coast, FL 32137 since 07 July 2020 and is currently estimated at $2,498,319, approximately $620 per square foot. This property was built in 2009. 520 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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