NOT LISTED FOR SALE

538 Cinnamon Beach Ln Palm Coast, FL 32137

Estimated Value: $2,513,000 - $3,002,000

5 Beds
4.5 Baths
4,884 Sq Ft
$568/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $2,580,000 $528 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $16,069/month

10 Days on Market

Highlights

  • 45 Feet of Waterfront
  • Private Pool
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Deck

About This Home

As of August 2021

Entertain on every level in this Custom Coastal Five-bedroom ocean front home in Cinnamon Beach. Lovingly maintained by the original owners for private enjoyment. Breath taking infinity pool cascades over the Atlantic Ocean. Large deck for sunbathing, entertaining, grilling, and relaxing. GOURMET kitchen complete with 8 burner gas stove, granite surfaces. Ocean views from kitchen, great room and dining room. Fireplace, built in wet bar and 2 guest en suite bedrooms complete this 2nd floor entry level. Third floor luxury master suite with elegant separate sitting room complete with coffee bar for ocean sunrises. Bonus home gym. Lower level boasts 2 bedrooms, HOME THEATER, full restaurant style bar, and large family game room. Walk to covered outdoor access and beach walk over. Must see to truly appreciate this ocean oasis.

Last Agent to Sell the Property

Joan McCullough

COASTAL GATEWAY REAL ESTATE GR License #3254929 Listed on: 06/16/2021

COASTAL GATEWAY REAL ESTATE GR

Co-Listed By

TEMA KISSIN

EXP REALTY LLC License #0535910

Last Buyer's Agent

Reciprocal FCAR

License #970002565

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,397

Year Built

  • Built in 2011

Lot Details

  • 6,300 Sq Ft Lot
  • 45 Feet of Waterfront
  • Property fronts gulf or ocean
  • West Facing Home
  • Property is zoned PUD

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,884 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy Monitoring System

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Exterior Lighting
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0800
  • $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 Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision
  • The community has rules related to building or community restrictions
  • Handicap Modified Features In Community

Recreation

  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,397

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4884
  • Lot Size Acres: 0.15
  • Year Built: 2011
  • Lot Size Sq Ft: 6300
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Property Manager: May Management Services
  • Property Manager Phone: 386.446.0085
  • Ratio: Close Price\List Price: 0.99231
  • Price per Sq Ft: 528.26
  • Close to Original List Price Ratio: 0.99231
  • View: No
  • Co List Office Mls Id: 256500522
  • Co List Office Phone: 386-246-5700
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Elevator, High Ceiling(s), Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 5
  • Stories: 3

Exterior Features

  • Direction Faces: West
  • Pool Features: Other
  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Rear Porch
  • Road Surface Type: Paved
  • Waterfront Frontage: 45

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Special Community Restrictions
  • Association Amenities: Clubhouse, Gated, Handicap Modified, Pool, Trail(s)
  • Association Fee: 1282
  • Association Name: Ocean Hammock
  • Phone: 386.446.0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3512-00010-0800
  • Price Per Acre: 17200000

Green Features

  • Efficiency: Energy Monitoring System

Tax Info

  • Tax Annual Amount: 19396.53
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Aug 2, 2021
Sold by
Doyle James M and Assogna Denise
Bought by
Darnell Elissa D and Darnell Michael J
Seller's Agent
Joan McCullough
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Reciprocal FCAR
List Price
$2,600,000
Sold Price
$2,580,000
Premium/Discount to List
-$20,000
-0.77%
Current Estimated Value
$2,648,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,422
Avg. Annual Appreciation
1.63%

Purchase Details

Closed on
Nov 21, 2008
Sold by
Wiggins Robert L and Wiggins Robert L
Bought by
Doyle James M and Assogna Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,124,000
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 21, 2002
Sold by
Centex Land Inv Ii L L C
Bought by
Wiggins Robert L and Wiggins Robert L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Darnell Elissa D $2,580,000 Covenant Closing & Ttl Svcs
Doyle James M $705,000 Coast Title Insurance Agency
Wiggins Robert L $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doyle James M $1,124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $2,580,000 -0.8% $528 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $2,600,000 -- $532 / 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
2025 $26,636 $1,981,054 -- --
2023 $26,634 $1,869,148 $0 $0
2022 $25,922 $1,814,707 $558,000 $1,256,707
2021 $20,356 $1,350,037 $478,000 $872,037
2020 $20,205 $1,319,691 $530,000 $789,691
2019 $21,354 $1,375,710 $530,000 $845,710
2018 $21,335 $1,342,153 $495,000 $847,153
2017 $20,483 $1,298,366 $495,000 $803,366
2016 $19,500 $1,147,269 $0 $0
2015 $17,684 $1,042,972 $0 $0
2014 $16,683 $1,039,937 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joan McCullough

    Seller's Agent in 2021

    Joan McCullough

    COASTAL GATEWAY REAL ESTATE GR

    (404) 242-7433

    61 in this area

    61 Total Sales

    Joan McCullough
    Section Image
  • TEMA KISSIN

    Seller Co-Listing Agent in 2021

    TEMA KISSIN

    EXP REALTY LLC

    (561) 271-0222

    29 in this area

    30 Total Sales

    TEMA KISSIN
    Section Image

  • R

    Buyer's Agent in 2021

    Reciprocal FCAR

See All Agents

Map

Source: Stellar MLS

MLS Number: FC268696

Stellar MLS

APN: 04-11-31-3512-00010-0800

Florida Flagler County Palm Coast 32137

538 Cinnamon Beach Ln, Palm Coast, FL

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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