NOT LISTED FOR SALE

532 Cinnamon Beach Ln Palm Coast, FL 32137

Estimated Value: $3,219,000 - $3,340,000

5 Beds
5 Baths
5,941 Sq Ft
$550/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $2,450,000 $412 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $20,903/month

22 Days on Market

Highlights

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

About This Home

As of May 2021

RELAX in COASTAL LUXURY! Fabulous Full Time Home, Vacation Home or Short Term Rental! Home is sold "Turnkey" ready to move in! Direct Oceanfront Custom Built 5 Bedroom 5 Bath nearly 6000 square foot Home! Sit back and Enjoy the Views! 4 Stories of Fun and Sun with Private Elevator. Ocean Breezes and 180 Degree Ocean Views from 2nd, 3rd and 4th Floor Balconies. Amazing Sunsets from 3rd and 4th Floor Front Balconies. Summer kitchens both on the 3rd floor Balcony and covered 1st Floor patio. Spectacular WiFi Pentair Controlled Saltwater Pool with Infinity Edge Oversized Spa, Waterfall, Deck Jets, Volleyball Deck Cups and Gas Fire Pit! Private Beach Walkover to Cinnamon Beach! 2nd Floor Game Room/Sports Bar with Pool Table, Card Table, Four 50 in Tv's, Wet Bar with Ice Maker, Dishwasher and 2 Wine Coolers! 3rd Floor with Chefs Kitchen, Living and Dining! The entire 4th Floor is a Gorgeous Master Suite, Spa Bath, Huge Walk in Closet, Office, Kitchenette you wiil just have to see to believe!

Last Agent to Sell the Property

Steven Morris

MORRIS WILLIAMS REALTY License #3179896 Listed on: 04/03/2021

Last Buyer's Agent

MATTHEW FEENEY

COLDWELL BANKER (HAMMOCK) License #3123360

COLDWELL BANKER (HAMMOCK)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,433

Year Built

  • Built in 2007

Lot Details

  • 6,315 Sq Ft Lot
  • Property fronts gulf or ocean
  • West Facing Home
  • Perimeter Fence
  • Interior Lot
  • Irrigation Equipment
  • Property is zoned PUD

Parking

  • 2 Car Garage
  • Oversized Parking

Home Design

  • Split Level Home
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 5,941 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Wood Frame Window
  • Storage Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Smart Home
  • Closed Circuit Camera

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Kitchen
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Propane
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0411313512000100830
  • $59 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-Hour Guard, ground maintenance
  • Ocean Hammock,Cinnamon Beach,Cinnamon Beach Rec Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision
  • Property managed by May Management Services
  • The community has rules related to deed restrictions
  • 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

$22,433

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Living Area: 5941
  • Lot Size Acres: 0.15
  • Year Built: 2007
  • Lot Size Sq Ft: 6315
  • Directions to Property: I-95 to Exit 289 E over toll bridge to Hammock Dunes Pkwy N to Hotel Trace Blvd through gate to Left on Ocean Way Blvd through Cinnamon Beach gates to Cinnamon Beach Lane turn Right and home on Left
  • Status: Sold
  • Available for Lease YN: 1
  • Escrow Street Name: 5182 N Ocean Shore Blvd ste b, Palm Coast,FL 32137
  • List Office Head Office Key Nume: 1041075
  • RATIO Current Price By Calculate: 412.39
  • Total Acreage: 0 to less than 1/4
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 5
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Elevator, Smart Home, Solid Surface Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Total Bedrooms: 5
  • Levels: Multi/Split
  • Other Equipment: Irrigation Equipment
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds, Double Pane Windows, Wood Frames
  • Street Number Modifier: 532
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms
  • Living Area Meters: 551.94
  • Room Count: 15

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground, Salt Water
  • Exterior Features: Balcony, Lighting, Outdoor Kitchen, Outdoor Shower
  • Roof: Metal
  • Pool Private: Yes
  • Patio and Porch Features: Covered, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View YN: 1
  • Price Per Acre: 16333333

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Oversized

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Propane, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Private Sewer
  • Water Source: Private, Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Gated, Handicap Modified, Pool, Sauna
  • Association Fee: 1282
  • Association Name: Ocean Hammock,Cinnamon Beach,Cinnamon Beach Rec
  • Phone: 386-446-0085
  • Association: Yes
  • Security: Closed Circuit Camera(s)
  • Senior Community: No
  • Complex Community Name Nccb: OCEAN HAMMOCK
  • Development: Cinnamon Beach
  • Property Manager: May Management Services
  • Property Manager Phone: 386-446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 0411313512000100830
  • Fencing: Full Perimeter
  • Lot Features: Interior Lot
  • Homestead YN: 0
  • Lot Size Square Meters: 587

Tax Info

  • Tax Annual Amount: 22433.21
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2021
Closed on
Apr 13, 2021
Sold by
Bent Sabrina T
Bought by
Harbor Blvd Llc
Seller's Agent
Steven Morris
MORRIS WILLIAMS REALTY
Buyer's Agent
MATTHEW FEENEY
COLDWELL BANKER (HAMMOCK)
List Price
$2,499,000
Sold Price
$2,450,000
Premium/Discount to List
-$49,000
-1.96%
Total Days on Market
22
Current Estimated Value
$3,265,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$815,085
Avg. Annual Appreciation
7.29%
Original Mortgage
$1,000,000
Outstanding Balance
$902,282
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$2,362,803

Purchase Details

Listed on
Mar 4, 2015
Closed on
May 13, 2015
Sold by
English Family Limited Partnership
Bought by
Bent Sabrina T
Seller's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
List Price
$1,949,000
Sold Price
$1,875,000
Premium/Discount to List
-$74,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$1,500,000
Interest Rate
3.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 1, 2007
Sold by
English James E
Bought by
English Family Limited Partnership

Purchase Details

Closed on
Dec 28, 2005
Sold by
English Family Lp
Bought by
English James E and James E English Iv Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.18%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2005
Sold by
English James E
Bought by
English Family Lp

Purchase Details

Closed on
Aug 23, 2004
Sold by
Hood Dennis L and Hood Sheila T
Bought by
English James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,250
Interest Rate
5.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 24, 2002
Sold by
Centex Land Inv Ii L L C
Bought by
Hood Dennis L and Hood Sheila T
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
Harbor Blvd Llc $2,450,000 Americas Choice Title Co
Bent Sabrina T $1,875,000 None Available
English Family Limited Partnership -- Attorney
English James E -- None Available
English Family Lp -- --
English James E $825,000 --
Hood Dennis L $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harbor Blvd Llc $1,000,000
Previous Owner Bent Sabrina T $93,750
Previous Owner Bent Sabrina T $1,500,000
Previous Owner English James E $2,000,000
Previous Owner English James E $701,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $2,450,000 -2.0% $412 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $2,499,000 +33.3% $421 / Sq Ft
06/01/2015 06/01/15 Sold $1,875,000 -3.8% $316 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
06/10/2014 06/10/14 For Sale $1,949,000 -- $328 / 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 $31,729 $2,633,925 $640,000 $1,993,925
2023 $31,729 $1,996,982 $0 $0
2022 $26,515 $1,815,438 $558,000 $1,257,438
2021 $22,629 $1,502,977 $478,000 $1,024,977
2020 $22,433 $1,467,421 $530,000 $937,421
2019 $24,172 $1,559,811 $530,000 $1,029,811
2018 $23,797 $1,499,235 $495,000 $1,004,235
2017 $23,152 $1,446,246 $495,000 $951,246
2016 $22,326 $1,366,199 $0 $0
2015 $18,901 $1,115,283 $0 $0
2014 -- $1,115,093 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Steven Morris

    MORRIS WILLIAMS REALTY

    (407) 568-9100

    14 Total Sales

    Steven Morris
    Section Image

  • M

    Buyer's Agent in 2021

    MATTHEW FEENEY

    COLDWELL BANKER (HAMMOCK)

    (386) 503-1437

    57 Total Sales

    MATTHEW FEENEY
    Section Image
  • Dave Franklin

    Seller's Agent in 2015

    Dave Franklin

    COASTAL GATEWAY REAL ESTATE GR

    (386) 569-8518

    17 Total Sales

    Dave Franklin
    Section Image
  • Carlene Reardon

    Seller Co-Listing Agent in 2015

    Carlene Reardon

    COASTAL GATEWAY REAL ESTATE GR

    (386) 503-5897

    239 Total Sales

    Carlene Reardon
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: FC266305

Stellar MLS

APN: 04-11-31-3512-00010-0830

Florida Flagler County Palm Coast 32137

532 Cinnamon Beach Ln, Palm Coast, FL

This home is located at 532 Cinnamon Beach Ln, Palm Coast, FL 32137 since 03 April 2021 and is currently estimated at $3,265,085, approximately $549 per square foot. This property was built in 2007. 532 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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