NOT LISTED FOR SALE

528 Cinnamon Beach Ln Palm Coast, FL 32137

Estimated Value: $2,342,000 - $2,917,000

6 Beds
7 Baths
4,493 Sq Ft
$585/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $2,000 $0 Per Sq Ft

Est. 137,191% increase in value since last sale

Current estimated payment $17,887/month

55 Days on Market

Highlights

  • Ocean Front
  • Golf Course Community
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Heated In Ground Pool
  • Traditional Architecture

About This Home

As of July 2021

PHOTOS ARE PRELIMARY...STAY TUNED. Shows like a New Home. Built in 2017 by Stajo. 3 finished levels with ELEVATOR & beautiful Ocean Views. Pool between house & ocean. Walkover to the Beach Garages are both oversized. List Price is ''TURN KEY'' including all furnishings, kitchen ware, & linens. Rental proceeds of approximately $150,000/Year with a Net Profit of approximately $90,000/Year. Excellent condition. Ideal for Primary Residence or Investment Rental Property. Conveniently located in Cinnamon Beach which has a community center with 2 pools, fitness center, kids game room and cafe all of which are included in the HOA quarterly fee. Cinnamon Beach is located in the gated Oceanfront Community of Ocean Hammock. Membership to the Hammock Beach Club or the the Hammock Dunes Club is available but not required. Seller will consider "owner financing" for qualified Buyers. Pool is heated and has "salt system" for cleaning. S/T Rental. Due to Vacation Rental schedules showings can be Saturdays from 1-3 or anytime 5.08-5.23.21.

Last Agent to Sell the Property

Molly Carey

RE/MAX Select Professionals License #3185845 Listed on: 03/16/2021

RE/MAX Select Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 6,970 Sq Ft Lot
  • Ocean Front
  • Property fronts a private road
  • Cul-De-Sac
  • West Facing Home

HOA Fees

  • $427 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Tile Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Interior Spaces

  • 4,493 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Great Room
  • Family Room Downstairs
  • Den
  • Ocean Views

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • 7 Full Bathrooms
  • Spa Bath

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Patio
  • Rear Porch

Additional Features

  • Accessible Common Area
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0850

Community Details

Overview

  • Association fees include security
  • Ocean Hammock Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Additional Features

  • Clubhouse
  • Security

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

HOA Fees

$427 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 6814
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Ocean Hammock
  • Directions: Palm Coast Pkwy East, Through toll bridge, Straight at stop sign to Ocean Hammock entrance, Left at stop sign, Take 1st
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 2017
  • Reso Property Type: Residential
  • Reso Room Type: GreatRoom
  • Reso Room Type: Den
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roof:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.16
  • General Property Information Lot Size Dimensions: 6814
  • General Property Information Direction Faces: West
  • General Property Information Homestead YN: No
  • General Property Information:Furnished: Furnished
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 04-11-31-3512-00010-0850
  • Location Tax and Legal:Tax Annual Amount: 19265.0
  • Location Tax and Legal:Tax Year: 2020
  • Cooling:Central Air: Yes
  • Flooring:Tile: Yes
  • Levels Three Or More: Yes
  • Pool Features In Ground2: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • ViewOcean: Yes
  • Location Tax and Legal Zoning Description: Other
  • Architectural Style Traditional: Yes
  • Flooring Wood: Yes
  • Room Types Bedroom 2 Level: U
  • Pool Features Heated2: Yes
  • Pool Features:Private: Yes
  • Room Types Other Room: Yes
  • Room Types Bedroom 3 Level: M
  • Spa Features In Ground: Yes
  • Room Types Great Room: Yes
  • Room Types Great Room Level: M
  • Room Types Family Room: Yes
  • Pool Features Salt Water: Yes
  • Road Frontage Type:Private Road: Yes
  • Room Types Family Room Level: L
  • Cooling:Zoned: Yes
  • Room Types Den: Yes
  • Room Types Den Level: L
  • Room Types Bedroom 4 Level: U
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Spa Features: Bath, In Ground
  • Appliances: Washer, Refrigerator, Microwave, Gas Cooktop, Electric Cooktop, Dryer, Disposal, Dishwasher
  • Accessibility Features: Common Area
  • Full Bathrooms: 7
  • Total Bedrooms: 6
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Elevator, In-Law Floorplan, Split Bedrooms, Wet Bar
  • Living Area: 4493.0
  • Appliances Dishwasher: Yes
  • Pool Features:Community: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Gas Cooktop: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Spa Features:Bath: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Lot Features: Cul-De-Sac
  • Pool Features: Community, Private, In Ground, Heated, Salt Water
  • View: Ocean
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio, Rear Porch
  • Roof: Tile
  • Accessibility Features:Common Area: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Golf Course
  • Association Fee: 1282.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1282.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Security2: Yes
  • Association Amenities:Golf Course: Yes

Fee Information

  • Association Fee Includes: Security

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 04-11-31-3512-00010-0850
  • Zoning Description: Other
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19265.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Jun 25, 2021
Sold by
Cinnamon Beach By The Sea Llc
Bought by
Schramm Gregory D and Difiore Samuel M
Seller's Agent
Pamela Capela
REMAX SELECT PROFESSIONALS
Buyer's Agent
Pamela Capela
REMAX SELECT PROFESSIONALS
List Price
$2,230,000
Sold Price
$2,000,000
Premium/Discount to List
-$230,000
-10.31%
Current Estimated Value
$2,745,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$745,817
Avg. Annual Appreciation
6.88%
Original Mortgage
$1,400,000
Outstanding Balance
$1,283,970
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,343,666

Purchase Details

Closed on
Sep 7, 2017
Sold by
Lai Chi K and Lai Hwaijiuan Lai
Bought by
Cinnamon Beach 528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.78%

Purchase Details

Closed on
Aug 1, 2017
Bought by
Cinnamon Beach 528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.78%

Purchase Details

Closed on
Jan 18, 2017
Sold by
Kwong Lai Hwai Jiuan and Kwong Lai Chi
Bought by
Lai Chi Kwong and Lai Hwai Jiuan

Purchase Details

Listed on
May 22, 2014
Closed on
Aug 29, 2014
Sold by
Demartin Charles P and Demartin Frances
Bought by
Lai Hwai Jiuan and Lai Jonathan Y
Seller's Agent
Frances DeMartin
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Non-Member FLG (Reciprocal 1)
NON-MLS OFFICE
List Price
$625,000
Sold Price
$530,000
Premium/Discount to List
-$95,000
-15.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.74%

Purchase Details

Closed on
Jun 28, 2002
Sold by
Centex Land Inv Ii L L C
Bought by
Demartin Charles P and Demartin Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.67%
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
Schramm Gregory D $2,000,000 Title Chain Inc
Cinnamon Beach 528 $100 --
Cinnamon Beach 528 -- --
Lai Chi Kwong -- None Available
Lai Hwai Jiuan $530,000 Title Chain Inc
Demartin Charles P $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schramm Gregory D $1,400,000
Previous Owner Cinnamon Beach 528 --
Previous Owner Demartin Charles P $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $2,000,000 -- --
07/01/2021 07/01/21 Sold $2,000 -99.9% $0 / Sq Ft
07/01/2021 07/01/21 Sold $2,000,000 +99900.0% $445 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/03/2021 05/03/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $2,000 -99.9% $0 / Sq Ft
03/16/2021 03/16/21 For Sale $2,230,000 +320.8% $496 / Sq Ft
08/29/2014 08/29/14 Sold $530,000 -15.2% --
08/14/2014 08/14/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $625,000 -- --
Source: Daytona Beach Area Association 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 $27,537 $2,270,619 $640,000 $1,630,619
2023 $27,537 $1,739,503 $0 $0
2022 $23,140 $1,581,366 $558,000 $1,023,366
2021 $19,773 $1,310,810 $478,000 $832,810
2020 $19,562 $1,277,105 $530,000 $747,105
2019 $20,915 $1,347,045 $530,000 $817,045
2018 $21,247 $1,336,523 $495,000 $841,523
2017 $8,089 $498,892 $495,000 $3,892
2016 $7,593 $443,707 $0 $0
2015 $6,623 $403,370 $0 $0
2014 $6,117 $381,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Molly Carey

    Seller's Agent in 2021

    Molly Carey

    RE/MAX Select Professionals

    (386) 986-0389

    151 in this area

    151 Total Sales

    Section Image
  • Pamela Capela

    Seller's Agent in 2021

    Pamela Capela

    RE/MAX

    (386) 986-6284

    206 in this area

    272 Total Sales

    Section Image
  • Frances DeMartin

    Seller's Agent in 2014

    Frances DeMartin

    COASTAL GATEWAY REAL ESTATE GR

    (516) 524-0035

    44 in this area

    46 Total Sales

    Section Image

  • N

    Buyer's Agent in 2014

    Non-Member FLG (Reciprocal 1)

    NON-MLS OFFICE

See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1081661

Daytona Beach Area Association of REALTORS®

APN: 04-11-31-3512-00010-0850

Florida Flagler County Palm Coast 32137

528 Cinnamon Beach Ln, Palm Coast, FL

This home is located at 528 Cinnamon Beach Ln, Palm Coast, FL 32137 since 16 March 2021 and is currently estimated at $2,627,636, approximately $584 per square foot. This property was built in 2017. 528 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.

Daytona Beach Area Association of REALTORS® 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.

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