NOT LISTED FOR SALE

533 Cinnamon Beach Ln Palm Coast, FL 32137

Estimated Value: $1,294,000 - $1,861,800

4 Beds
4 Baths
3,789 Sq Ft
$427/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $1,940,000 $512 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $10,293/month

13 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Gated Community
  • Old Kings Elementary School Rated A-
  • Heated In Ground Pool
  • Clubhouse

About This Home

As of July 2022

Stunning New Construction Cinnamon Beach Home w/ sweeping ocean views & amazing sunsets from the heated salt-water pool with water feature. Steps from the private beach access. Great potential as a Vacation Rental Home. This custom home offers 4 bedrooms & 4 full bathrooms. Designer fit & finishes w/ a coastal feel boasting wood-like tile throughout the home. Enjoy outdoor living w/ your own heated salt-water pool, covered patio, balconies & summer kitchen overlooking breathtaking sunsets over the lake. Rise off the sand from the beach in the outdoor shower. Take the elevator or stairs to the 2nd level to the incredible kitchen showcasing granite countertops, hidden pantry, Sub Zero fridge & gas range w/ a pot filler. The family room highlights an electric fireplace. The master suite is located on the 3rd floor w/ a balcony w/ ocean views & another balcony that overlooks the lake. Splendid quartz countertops in all of the bathrooms. The home also features a tankless water heater.

Last Agent to Sell the Property

Shelley DeVito

HAMMOCK REAL ESTATE GROUP License #3400208 Listed on: 02/26/2022

Last Buyer's Agent

Shelley DeVito

HAMMOCK REAL ESTATE GROUP License #3400208 Listed on: 02/26/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,254

Year Built

  • Built in 2022

Lot Details

  • 6,142 Sq Ft Lot
  • Lake Front
  • Cul-De-Sac
  • Southeast Facing Home
  • Perimeter Fence
  • Property is zoned PUD

Parking

  • 2 Car Garage

Home Design

  • Split Level Home
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,789 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Tile Flooring
  • Water Views
  • High Impact Windows
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

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

Pool

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,254

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3789
  • Lot Size Acres: 0.14
  • Year Built: 2022
  • Lot Size Sq Ft: 6142
  • Directions to Property: Hammock Dunes Pkwy to Ocean Hammock Main Gate. Turn left at 1st stop sign. Enter Cinnamon Beach gated community. Follow to Cinnamon Beach Lane
  • Status: Sold
  • Available for Lease YN: 1
  • Escrow Street Name: 113 Nature Walk Prkw. Ste 102 St.AugustineFL 32092
  • List Office Head Office Key Nume: 579203026
  • RATIO Current Price By Calculate: 512.01
  • Total Acreage: 0 to less than 1/4
  • Tax Year: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace Features: Electric
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Elevator, High Ceilings, Solid Surface Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Total Bedrooms: 4
  • Levels: Multi/Split
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Double Pane Windows, Impact Glass/Storm Windows
  • Street Number Modifier: 533
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 352.01
  • Room Count: 13

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Heated, In Ground, Salt Water
  • Exterior Features: Balcony, Outdoor Kitchen, Outdoor Shower
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Patio and Porch Features: Covered, Front Porch, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View YN: 1
  • Price Per Acre: 15714286

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Gated, Pool, Sauna
  • Association Fee: 1282
  • Association Name: May Management
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name Nccb: OCEAN HAMMOCK
  • Development: Cinnamon Beach
  • Property Manager: May Management
  • Property Manager Phone: 386-446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3512-00010-0680
  • Fencing: Full Perimeter
  • Lot Features: Cul-De-Sac
  • Homestead YN: 0
  • Lot Size Square Meters: 571

Building Info

  • Builder Name: Bruns

Tax Info

  • Tax Annual Amount: 3253.96
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2022
Closed on
Jul 14, 2022
Sold by
Jones David S and Jones Molly S
Bought by
Duany Dario and Duany Cheryl
Seller's Agent
Shelley DeVito
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Shelley DeVito
HAMMOCK REAL ESTATE GROUP
List Price
$2,200,000
Sold Price
$1,940,000
Premium/Discount to List
-$260,000
-11.82%
Current Estimated Value
$1,628,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$311,461
Avg. Annual Appreciation
-7.36%
Original Mortgage
$1,455,000
Outstanding Balance
$1,375,800
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$160,870

Purchase Details

Closed on
Aug 15, 2019
Sold by
Fournier David and Schilling Beth
Bought by
Jones Davis S and Jones Molly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 25, 2005
Sold by
Hatch Edward T and Hatch Kerry D
Bought by
Fournier David R and Schilling Beth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,750
Interest Rate
5.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 24, 2002
Sold by
Centex Land Inv Ii L L C
Bought by
Hatch Edward T and Hatch Kerry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,920
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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
Duany Dario -- Title Chain
Jones Davis S $285,000 Americas Choice Title Co
Fournier David R $415,000 --
Hatch Edward T -- --
Hatch Edward T $279,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duany Dario $1,455,000
Previous Owner Jones David S $735,200
Previous Owner Jones David S $735,200
Previous Owner Jones Davis S $185,250
Previous Owner Fournier David R $352,750
Previous Owner Hatch Edward T $223,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Off Market $1,940,000 -- --
07/26/2022 07/26/22 Sold $1,940,000 -11.8% $512 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $2,200,000 -- $581 / 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 $16,518 $1,195,108 -- --
2023 $16,518 $1,160,299 $0 $0
2022 $3,578 $260,000 $260,000 $0
2021 $3,254 $215,000 $215,000 $0
2020 $3,469 $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

  • Shelley DeVito

    Seller's Agent in 2022

    Shelley DeVito

    HAMMOCK REAL ESTATE GROUP

    (904) 826-9462

    96 in this area

    112 Total Sales

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Map

Source: Stellar MLS

MLS Number: FC274846

Stellar MLS

APN: 04-11-31-3512-00010-0680

Florida Flagler County Palm Coast 32137

533 Cinnamon Beach Ln, Palm Coast, FL

This home is located at 533 Cinnamon Beach Ln, Palm Coast, FL 32137 since 26 February 2022 and is currently estimated at $1,617,700, approximately $426 per square foot. This property was built in 2022. 533 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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