$435,000
SOLD JUL 3, 2013

522 Cinnamon Beach Ln Palm Coast, FL 32137

0.15 Acre
$2,900,000 Price per Acre
6,534 Sq Ft Lot

Recently Sold

7% Above List Price

64 Days on Market

About This Lot

As of April 2021

Build the home of your dreams on this direct oceanfront lot in Cinnamon Beach, an upscale neighborhood located within the gates of Ocean Hammock offering excellent amenities including two pools, a community rec center, and beach access just steps away. This building lot is 0.15 acres with 46 feet of road frontage by 129 feet of depth on the northern boundary by 45 feet of frontage on the ocean by 140 feet of depth on the southern boundary, per PR, which is subject to survey. All offers submitted on 'AS-IS' contract include any existing appliances, plumbing, HVAC & electrical systems (if applicable). No offers for 1st 7 days. Days 8-15 offers ONLY from NSP buyers, municipals, non-profit orgs & owner-occup. Days 16+ offers from all buyers. Buyers should obtain a free pre-qualification letter from Wells Fargo Home Mortgage or an entity which is a joint venture with WFHM by working directly with a home mortgage consultant (Gay Dallek/Wells Fargo 386-446-7443, www.WFHM.com/gay-dallek NMLSRID #839932) or going online at www.wfhm.com. Buyers also have the option to provide proof of other credit decisioned financing or a NACA (Neighborhood Assistance Corporation of America) qualification letter. All offers to be submitted with the Buyer information sheet as attached. Buyers/Agents- for any escalations surrounding your offer on the property where Listing Agent is unable to provide an answer, please call the Wells Fargo REO department at 1-877-617-5274.

Last Agent to Sell the Property

Joe Hatin

Berkshire Hathaway Homeservice (Belfort) Listed on: 04/30/2013

Berkshire Hathaway Homeservice (Belfort)

Last Buyer's Agent

Joe Hatin

Berkshire Hathaway Homeservice (Belfort) Listed on: 04/30/2013

Berkshire Hathaway Homeservice (Belfort)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,903

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 46x129x45x140
  • Ocean Front
  • Irregular Lot
  • Cleared Lot
  • Property is zoned PUD

HOA Fees

  • $314 Monthly HOA Fees

Listing and Financial Details

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

Property Details

Property Type

Land

Est. Annual Taxes

$4,903

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Community Development District: Yes
  • Additional Marketing: Yes
  • Association Maintenance Fee: 942
  • Class: Lots And Land
  • Hoa Term: Quarterly
  • HOA: Yes
  • Legal Description: OCEAN HAMOCK PARCEL A-5 PLAT ONE LOT87 OR837 PG1472 OR952/391 OR1311/345 OR1919/4
  • Location: Ocean Front
  • Low Tide Depth: Unknown
  • Public Comments: Yes
  • Type Of Property: Lots
  • Waste: Not Installed
  • Access: Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Type: Ocean Front
  • Waterfront: Yes

Lot Info

  • Acres: 0.15
  • Lot Size: 46x129x45x140
  • Lot Type: Irregular
  • Zoning: PUD
  • Lot Description: Cleared
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 04-11-31-3512-00010-0870
  • Taxes: 4903
  • Tax Year: 2012

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
41.73%
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 Type Sale Price Title Company
Warranty Deed $585,000 Title Chain Inc
Warranty Deed $485,000 Title Chain Inc
Special Warranty Deed $435,000 None Available
Trustee Deed -- Attorney
Warranty Deed $935,000 --
Warranty Deed $735,000 --
Deed $585,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,408,000 New Conventional
Closed $1,356,069 Construction
Closed $1,356,069 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $964,800 Unknown
Previous Owner $845,707 Purchase Money Mortgage
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: 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 $9,090 $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

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Map

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

MLS Number: 142726

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

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