NOT LISTED FOR SALE

540 Cinnamon Beach Ln Palm Coast, FL 32137

Estimated Value: $859,452

0.25 Acre
$3,437,808 Price per Acre
10,890 Sq Ft Lot

Last Sold November 07, 2016

Last sale price $605,000

Est. 42% increase in value since last sale

Current estimated payment $5,517/month

324 Days on Market

Highlights

  • 45 Feet of Waterfront
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Sauna

About This Lot

As of November 2016

WOW!! Prime Oceanfront home site located in the gated community of Cinnamon Beach and Ocean Hammock. Convenient location to the Cinnamon Beach Clubhouse and amenity center which includes a Lakeside pool, Spa , Fitness center, Billiards Lounge, Grill/Restaurant and even an Oceanside Pool literally a few steps away. An Exclusive area just waiting for you to build an Oceanfront home for you and your family to enjoy , and create great memories year round. Tremendous views of the Atlantic await you as you gaze east during whale watch season. Adjacent home site is also available. No timeframe for building either. Don't miss out as there are few Oceanfront home sites remaining. Full Golf and Beach Club Membership Available at the Exclusive Hammock Beach Resort too!!; Paid Sewer:0;

Last Agent to Sell the Property

STEVE PERRINE

COLDWELL BANKER (HAMMOCK) License #3107728 Listed on: 11/10/2015

COLDWELL BANKER (HAMMOCK)

Last Buyer's Agent

Christopher Gallo

CINNAMON BEACH REALTY License #3350451

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,369

Lot Details

  • 0.25 Acre Lot
  • 45 Feet of Waterfront
  • Property fronts gulf or ocean
  • West Facing Home
  • Property is zoned PUD SINGLE FAMILY

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0790

Community Details

Overview

  • Property has a Home Owners Association
  • Cinnamon Beach Association, Phone Number (386) 446-0085
  • Ocean Hammock Condos
  • Ocean Hammock Subdivision
  • The community has rules related to building or community restrictions, deed restrictions

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Recreation Facilities
  • Fitness Center

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,369

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Sq Ft: 6317
  • Directions to Property: HAMMOCK DUNES PARKWAY TO CINNAMON BEACH MAIN GATE, FOLLOW SIGNS TO CINNAMON BEACH AND CLUBHOUSE, PAST CLUBHOUSE ON LEFT HAND SIDE
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.93077
  • Price per Sq Ft: 95.77
  • Close to Original List Price Ratio: 0.91667
  • View: No
  • Tax Year: 2015
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 540

Exterior Features

  • Direction Faces: West
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View Y N: Yes
  • Waterfront Frontage: 45

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Special Community Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Gated, Recreation Facilities, Sauna, Security
  • Association Fee: 158.18
  • Association Name: Cinnamon Beach
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD SINGLE FAMILY
  • Parcel Number: 04-11-31-3512-00010-0790
  • Current Use: Other
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6368.97

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Draper Hills Llc and Spartan Property Inv Llc
Bought by
Berger David Hans
Current Estimated Value
$859,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,000
Interest Rate
1.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2022
Sold by
David Berger
Bought by
Draper Hills Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$788,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2022
Sold by
Draper Hills Drive Llc
Bought by
Berger David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$788,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2022
Sold by
Bijou Developments Llc
Bought by
Draper Hills Drive Llc

Purchase Details

Listed on
Nov 10, 2015
Closed on
Nov 8, 2016
Sold by
Gupta Ciccio Daniel De and Gupta De Sheila
Bought by
Bijou Development Llc
Seller's Agent
STEVE PERRINE
COLDWELL BANKER (HAMMOCK)
Buyer's Agent
Christopher Gallo
CINNAMON BEACH REALTY
List Price
$660,000
Sold Price
$605,000
Premium/Discount to List
-$55,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%

Purchase Details

Listed on
Nov 10, 2015
Closed on
Oct 31, 2016
Sold by
Gupta Ciccio Daniel De and Gupta De Sheila
Bought by
Bijou Development Llc
Seller's Agent
STEVE PERRINE
COLDWELL BANKER (HAMMOCK)
Buyer's Agent
Christopher Gallo
CINNAMON BEACH REALTY
List Price
$660,000
Sold Price
$605,000
Premium/Discount to List
-$55,000
-8.33%

Purchase Details

Listed on
Nov 10, 2015
Closed on
Oct 1, 2016
Bought by
Bijou Development Llc
Seller's Agent
STEVE PERRINE
COLDWELL BANKER (HAMMOCK)
Buyer's Agent
Christopher Gallo
CINNAMON BEACH REALTY
List Price
$660,000
Sold Price
$605,000
Premium/Discount to List
-$55,000
-8.33%

Purchase Details

Closed on
Jun 21, 2002
Sold by
Centex Land Inv 2 L L C
Bought by
Deciccio Daniel and Deciccio Shelia Gupta
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
Berger David Hans -- Victory Title
Draper Hills Drive Llc -- Land Title Of America
Berger David $100 Land Title Of America
Draper Hills Drive Llc $790,000 Victory Title
Bijou Development Llc -- Suncoastt Title Ins Agenyc I
Bijou Development Llc -- Suncoastt Title Ins Agenyc I
Bijou Development Llc $605,000 --
Deciccio Daniel $685,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berger David Hans $896,750
Closed Berger David Hans $812,000
Previous Owner Berger David Hans $788,000
Closed Bijou Development Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2016 11/07/16 Sold $605,000 -8.3% --
09/28/2016 09/28/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $660,000 -- --
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 $9,243 $640,000 $640,000 --
2023 $9,243 $640,000 $640,000 $0
2022 $7,798 $558,000 $558,000 $0
2021 $7,162 $478,000 $478,000 $0
2020 $8,054 $530,000 $530,000 $0
2019 $8,172 $530,000 $530,000 $0
2018 $7,818 $495,000 $495,000 $0
2017 $7,878 $495,000 $495,000 $0
2016 $7,370 $421,927 $0 $0
2015 $6,420 $383,570 $0 $0
2014 $6,060 $378,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    STEVE PERRINE

    COLDWELL BANKER (HAMMOCK)

    (386) 793-8366

    5 in this area

    7 Total Sales

    Section Image

  • C

    Buyer's Agent in 2016

    Christopher Gallo

    CINNAMON BEACH REALTY

See All Agents

Map

Source: Stellar MLS

MLS Number: FC216930

Stellar MLS

APN: 04-11-31-3512-00010-0790

Florida Flagler County Palm Coast 32137

540 Cinnamon Beach Ln, Palm Coast, FL

This home is located at 540 Cinnamon Beach Ln, Palm Coast, FL 32137 since 10 November 2015 and is currently estimated at $859,452. 540 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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