NOT LISTED FOR SALE

527 Cinnamon Beach Ln Palm Coast, FL 32137

Estimated Value: $1,066,000

0.18 Acre
$5,922,222 Price per Acre
7,667 Sq Ft Lot

Last Sold May 20, 2022

Last sale price $405,000

Est. 163% increase in value since last sale

Current estimated payment $6,081/month

56 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Recreation Facilities

About This Lot

As of May 2022

Incredible oversized lake front lot across from the ocean in Cinnamon Beach! This beautiful home site offers the longest lake views in the community, and is located just steps from the sand. Situated south of the clubhouse and pools, so there is very little drive-by or walk-by traffic. Easy access to the beach- no busy roads to cross. Irregular lot shape allows for a wide range of design possibilities. Stunning sunsets over the lake, ocean breezes all day long! No timeline to build, HOA fees include lot maintenance and community amenities. Very short walk to the community clubhouse with grille/bar, kids' water park, pools, fitness center and more. Lot is pre-engineered, cleared, and leveled, saving thousands of dollars in site prep. Outstanding rental potential or enjoy it for yourself!

Last Agent to Sell the Property

Luke O'Reilly

HAMMOCK REAL ESTATE GROUP License #328767 Listed on: 01/08/2022

Last Buyer's Agent

Shelley DeVito

HAMMOCK REAL ESTATE GROUP License #3400208

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,708

Lot Details

  • 7,667 Sq Ft Lot
  • Lake Front
  • Property fronts gulf or ocean
  • West Facing Home
  • Interior Lot
  • Level Lot
  • Irregular Lot
  • Property is zoned R-1 SINGLE FAMILY

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0650
  • $59 per year additional tax assessments

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

  • Recreation Facilities
  • Fitness Center

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,708

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7667
  • Directions to Property: Hammock Dunes Parkway east to Hotel Trace. Enter guard gate at Ocean Hammock/Cinnamon Beach main entrance left to Cinnamon Beach.
  • Status: Sold
  • Escrow Street Name: TBD
  • List Office Head Office Key Nume: 579203043
  • RATIO Current Price By Calculate: 52.82
  • Total Acreage: 0 to less than 1/4
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 527
  • Room Count: 0

Exterior Features

  • Direction Faces: West
  • Road Surface Type: Paved
  • Water View YN: 1
  • Price Per Acre: 2250000

Utilities

  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Special Community Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Gated, Recreation Facilities, Security
  • Association Fee: 1019
  • Association Name: May Management
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name Nccb: OCEAN HAMMOCK
  • Development: Cinnamon Beach

Lot Info

  • Zoning: R-1 SINGLE FAMILY
  • Parcel Number: 04-11-31-3512-00010-0650
  • Current Use: Other
  • Lot Features: Compact Soil, Filled, Interior Lot, Irregular Lot, Level, Other
  • Lot Size Square Meters: 712

Tax Info

  • Tax Annual Amount: 2708.43
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Gulf/Ocean, Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2003
Sold by
Nancy Shumate Harold and Nancy Shu7mate
Bought by
Schmidt John M and Joan M Schmidt Tr
Current Estimated Value
$1,066,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,399
Interest Rate
5.98%

Purchase Details

Closed on
Sep 27, 2002
Sold by
Centex Land Inv Ii L L C
Bought by
Shumate Harold and Shumate Nancy
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schmidt John M $360,000 --
Shumate Harold $289,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hiatt Benjamin $852,000
Closed Schmidt John M $202,399
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Off Market $405,000 -- --
05/20/2022 05/20/22 Sold $405,000 -2.4% --
03/06/2022 03/06/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $415,000 -- --
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 $4,819 $342,000 $342,000 --
2023 $4,819 $330,000 $330,000 $0
2022 $2,986 $260,000 $260,000 $0
2021 $2,708 $215,000 $215,000 $0
2020 $2,690 $226,000 $226,000 $0
2019 $2,337 $180,000 $180,000 $0
2018 $2,256 $175,000 $175,000 $0
2017 $2,187 $175,000 $175,000 $0
2016 $2,148 $95,832 $0 $0
2015 $1,926 $87,120 $0 $0
2014 $1,901 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luke O'Reilly

    Seller's Agent in 2022

    Luke O'Reilly

    HAMMOCK REAL ESTATE GROUP

    (386) 246-9934

    234 in this area

    263 Total Sales

    Luke O'Reilly
    Section Image
  • Shelley DeVito

    Buyer's Agent in 2022

    Shelley DeVito

    HAMMOCK REAL ESTATE GROUP

    (904) 826-9462

    94 in this area

    110 Total Sales

    Shelley DeVito
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: FC273613

Stellar MLS

APN: 04-11-31-3512-00010-0650

Florida Flagler County Palm Coast 32137

527 Cinnamon Beach Ln, Palm Coast, FL

This home is located at 527 Cinnamon Beach Ln, Palm Coast, FL 32137 since 08 January 2022 and is currently priced at $1,066,000. 527 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

Nearby Homes