NOT LISTED FOR SALE

522 Cinnamon Beach Ln Palm Coast, FL 32137

Estimated Value: $2,326,828 - $2,849,000

0.15 Acre
$17,432,953 Price per Acre
6,347 Sq Ft Lot

Last Sold April 01, 2021

Last sale price $585,000

Est. 344% increase in value since last sale

Current estimated payment $15,104/month

532 Days on Market

Highlights

  • 45 Feet of Waterfront
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Security Service

About This Lot

As of April 2021

Absolutely beautiful OCEANFRONT LOT in Cinnamon Beach's Key West style community is available to build your dream home or investment property. This is the only community in Ocean Hammock and surrounding communities that offers long and short term rentals. The HOA maintenance covers mowing, landscape, security and recreation. Very few oceanfront lots left.

Last Agent to Sell the Property

Carlene Reardon

COASTAL GATEWAY REAL ESTATE GR License #3109455 Listed on: 08/14/2019

Co-Listed By

Karla Goodman

TRADEMARK REALTY GROUP LLC License #3096497

Last Buyer's Agent

Luke O'Reilly

HAMMOCK REAL ESTATE GROUP License #328767

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,081

Lot Details

  • 6,347 Sq Ft Lot
  • 45 Feet of Waterfront
  • Property fronts gulf or ocean
  • West Facing Home
  • Cleared Lot
  • Property is zoned PUD PUD

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0870

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Trails

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$8,081

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6347
  • Directions to Property: A1A to Hammock Dunes Parkway to Hotel Trace in Ocean Hammock
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.9214
  • Price per Sq Ft: 92.17
  • Close to Original List Price Ratio: 0.90139
  • View: No
  • Co List Office Mls Id: 256500367
  • Co List Office Phone: 386-447-6889
  • Tax Year: 2018
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 522

Exterior Features

  • Direction Faces: West
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View Y N: Yes
  • Waterfront Frontage: 45

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Special Community Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Gated, Security, Trail(s)
  • Association Fee: 955
  • Association Name: May Management
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD PUD
  • Parcel Number: 04-11-31-3512-00010-0870
  • Current Use: Other
  • Lot Features: Cleared, Other
  • Price Per Acre: 3900000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8081

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2019
Closed on
Apr 2, 2021
Sold by
Dbd Solutions Llc
Bought by
Wright Julie Ann and Wright Julie
Seller's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Luke O'Reilly
HAMMOCK REAL ESTATE GROUP
List Price
$649,000
Sold Price
$585,000
Premium/Discount to List
-$64,000
-9.86%
Current Estimated Value
$2,597,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,012,605
Avg. Annual Appreciation
41.61%
Original Mortgage
$250,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2014
Closed on
Mar 24, 2014
Sold by
Robinson John P
Bought by
Dbd Solutions Llc
Seller's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
List Price
$585,000
Sold Price
$485,000
Premium/Discount to List
-$100,000
-17.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$400,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2013
Closed on
May 20, 2013
Sold by
Wells Fargo Bank Na
Bought by
Robinson John P
Seller's Agent
Joe Hatin
Berkshire Hathaway Homeservice (Belfort)
Buyer's Agent
Joe Hatin
Berkshire Hathaway Homeservice (Belfort)
List Price
$405,000
Sold Price
$435,000
Premium/Discount to List
$30,000
7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.31%

Purchase Details

Closed on
Feb 1, 2013
Sold by
Smith Ronald M and Smith Ronald
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 23, 2005
Sold by
Gay Jeff and Gay Thomas
Bought by
Smith Ronald M and Smith Madge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,707
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2003
Sold by
Arceo Constantino and Arceo Elizabeth
Bought by
Gay Jeff and Gay Thomas

Purchase Details

Closed on
Jun 28, 2002
Sold by
Centex Land Inv 2 L L C
Bought by
Areco Constantino and Arceo Elizabeth
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 Buyer Sale Price Title Company
Wright Julie Ann $585,000 Title Chain Inc
Dbd Solutions Llc $485,000 Title Chain Inc
Robinson John P $435,000 None Available
Wells Fargo Bank Na -- Attorney
Smith Ronald M $935,000 --
Gay Jeff $735,000 --
Areco Constantino $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Julie A $1,408,000
Closed Wright Julie Ann $1,356,069
Closed Wright Julie Ann $1,356,069
Previous Owner Wright Julie Ann $250,000
Previous Owner Dbd Solutions Llc $400,000
Previous Owner Smith Ronald M $964,800
Previous Owner Smith Ronald M $845,707
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $585,000 -9.9% --
01/28/2021 01/28/21 Pending -- -- --
08/14/2019 08/14/19 For Sale $649,000 +33.8% --
03/24/2014 03/24/14 Sold $485,000 -17.1% --
02/14/2014 02/14/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $585,000 +34.5% --
07/03/2013 07/03/13 Sold $435,000 +7.4% --
07/03/2013 07/03/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $405,000 -- --
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 $9,090 $2,097,042 $640,000 $1,457,042
2023 $9,090 $619,380 $0 $0
2022 $8,084 $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 $7,777 $495,000 $495,000 $0
2016 $7,536 $440,000 $0 $0
2015 $6,568 $400,000 $0 $0
2014 $6,327 $378,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlene Reardon

    Seller's Agent in 2021

    Carlene Reardon

    COASTAL GATEWAY REAL ESTATE GR

    (386) 503-5897

    215 in this area

    230 Total Sales

    Section Image
  • Karla Goodman

    Seller Co-Listing Agent in 2021

    Karla Goodman

    TRADEMARK REALTY GROUP LLC

    (386) 931-2321

    209 in this area

    221 Total Sales

    Section Image
  • Luke O'Reilly

    Buyer's Agent in 2021

    Luke O'Reilly

    HAMMOCK REAL ESTATE GROUP

    (386) 246-9934

    245 in this area

    275 Total Sales

    Section Image
  • Joe Hatin

    Seller's Agent in 2013

    Joe Hatin

    Berkshire Hathaway Homeservice (Belfort)

    (904) 296-6400

    4 in this area

    68 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: FC250555

Stellar MLS

APN: 04-11-31-3512-00010-0870

Florida Flagler County Palm Coast 32137

522 Cinnamon Beach Ln, Palm Coast, FL

This home is located at 522 Cinnamon Beach Ln, Palm Coast, FL 32137 since 14 August 2019 and is currently estimated at $2,614,943. 522 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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