$615,000
SOLD DEC 17, 2015

542 Cinnamon Beach Ln Palm Coast, FL 32137

0.25 Acre
$2,460,000 Price per Acre
10,890 Sq Ft Lot

Recently Sold

7% Below List Price

12 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 December 2015

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

Luke O'Reilly

CINNAMON BEACH REALTY License #3171453

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,060

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 04-11-31-3512-00010-0780

Community Details

Overview

  • Property has a Home Owners Association
  • Cnnamon 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

$6,060

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Sq Ft: 6909
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.94615
  • Price per Sq Ft: 89.01
  • Close to Original List Price Ratio: 0.93182
  • View: No
  • Tax Year: 2014
  • Special Features: None
  • Property Sub Type: LotsLands

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: CNNAMON BEACH
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD SINGLE FAMILY
  • Parcel Number: 04-11-31-3512-00010-0780
  • Current Use: Other
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6059.55

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Nov 30, 2021
Sold by
Jeff Gadd
Bought by
Thatcher Linda Hitt and Wiseman Wayne
Seller's Agent
Shelley DeVito
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Shelley DeVito
HAMMOCK REAL ESTATE GROUP
List Price
$865,000
Sold Price
$775,000
Premium/Discount to List
-$90,000
-10.4%
Current Estimated Value
$826,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,162
Avg. Annual Appreciation
1.65%

Purchase Details

Closed on
Jun 18, 2021
Sold by
Atlantic Coastal Properties Llc
Bought by
Gadd Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
2.93%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 10, 2015
Closed on
Dec 15, 2015
Sold by
Gupta Deciccio Daniel and Gupta De Ciccio Sheila
Bought by
Atlantic Coastal Properties Llc
Seller's Agent
STEVE PERRINE
COLDWELL BANKER (HAMMOCK)
Buyer's Agent
Luke O'Reilly
CINNAMON BEACH REALTY
List Price
$660,000
Sold Price
$615,000
Premium/Discount to List
-$45,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%

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 Type Sale Price Title Company
Warranty Deed -- New Title Company Name
Warranty Deed $595,000 Title Chain Inc
Warranty Deed $4,165 None Listed On Document
Warranty Deed $615,000 Covenant Closing & Title Ser
Deed $685,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 FHA
Previous Owner $476,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $775,000 -10.4% -- View Prior Sale
10/28/2021 10/28/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $865,000 +40.7% --
12/17/2015 12/17/15 Sold $615,000 -6.8% --
11/21/2015 11/21/15 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 $9,011 $640,000 $640,000 --
2023 $9,011 $613,800 $0 $0
2022 $8,084 $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 $8,042 $495,000 $0 $0
2015 $6,420 $383,570 $0 $0
2014 $6,060 $378,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelley DeVito

    Seller's Agent in 2021

    Shelley DeVito

    HAMMOCK REAL ESTATE GROUP

    (904) 826-9462

    93 in this area

    108 Total Sales

    Shelley DeVito
    Section Image

  • S

    Seller's Agent in 2015

    STEVE PERRINE

    COLDWELL BANKER (HAMMOCK)

    (386) 793-8366

    5 in this area

    6 Total Sales

    STEVE PERRINE
    Section Image
  • Luke O'Reilly

    Buyer's Agent in 2015

    Luke O'Reilly

    CINNAMON BEACH REALTY

    (386) 246-9934

    219 in this area

    245 Total Sales

    Luke O'Reilly
    Section Image
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Map

Source: Stellar MLS

MLS Number: FC216931

Stellar MLS

APN: 04-11-31-3512-00010-0780

Florida Flagler County Palm Coast 32137

542 Cinnamon Beach Ln, Palm Coast, FL

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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