$372,500
SOLD AUG 6, 2021

546 Cinnamon Beach Ln Palm Coast, FL 32137

0.25 Acre
$1,490,000 Price per Acre
10,890 Sq Ft Lot

Recently Sold

7% Below List Price

12 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Security Service

About This Lot

As of April 2022

This awesome location in the gated ocean front community of Cinnamon Beach at Ocean Hammock will appeal to many buyers. Build your dream home for a primary residence or enjoy the investment potential and have the benefit of an income producing property when not using it personally. No time limitation for building. The unobstructed ocean views can be unlimited with proper placement of the home. Being located just steps from the walk over to the beach is another benefit which should not be overlooked. Cinnamon Beach has beautiful pristine beaches, 2 pools, fitness, billiards, and a cafe. Palm Coast is the best kept secret in Florida. Miles of beautiful beaches, over 125 miles of bike paths, beautiful parks along Intracoastal Waterway, a thriving art & theater community, home of famous artists, golf courses for every day, tennis, pickle ball, fishing, boating, wind sailing, surfing, canoeing are just a few of the things to do. Disney World & all that Orlando has to offer is 1.5 hours,

Last Agent to Sell the Property

Sherron Skibo

WATSON REALTY CORP License #3251204 Listed on: 06/24/2021

WATSON REALTY CORP

Co-Listed By

Ryan Ford

WATSON REALTY CORP License #3244971

Last Buyer's Agent

Joan McCullough

COASTAL GATEWAY REAL ESTATE GR License #3254929

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,231

Lot Details

  • 0.25 Acre Lot
  • Property fronts gulf or ocean
  • Near Conservation Area
  • Northwest Facing Home
  • Level Lot
  • Irregular Lot
  • Property is zoned PUD PUD

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0411313512000100760
  • $59 per year additional tax assessments

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

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Trails

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,231

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Sq Ft: 8053
  • Directions to Property: Palm Coast Parkway across Toll Bridge, becomes Hammock Dunes Parkway, go to Hotel Trace, R to gate house, L on Ocean Way, R on Cinnamon Beach Lane.
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.93358
  • Price per Sq Ft: 46.26
  • Close to Original List Price Ratio: 0.93358
  • View: No
  • Co List Office Mls Id: 256500290
  • Co List Office Phone: 386-246-9222
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 546

Exterior Features

  • Direction Faces: Northwest
  • Road Surface Type: Paved

Garage/Parking

  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Special Community Restrictions
  • Association Amenities: Clubhouse, Fitness Center, Gated, Security, Trail(s)
  • Association Fee: 1019
  • Association Name: Cinnamon Beach
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD PUD
  • Parcel Number: 0411313512000100760
  • Current Use: Other
  • Lot Features: Conservation Area, Curb and Gutters, Irregular Lot, Level, Other, Sidewalk

Tax Info

  • Tax Annual Amount: 2230.67
  • 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 24, 2021
Closed on
Jul 27, 2021
Sold by
Opdahl Kevin L and Opdahl Jennifer L
Bought by
Lombardi Mark
Seller's Agent
Sherron Skibo
WATSON REALTY CORP
Buyer's Agent
Joan McCullough
COASTAL GATEWAY REAL ESTATE GR
List Price
$399,000
Sold Price
$372,500
Premium/Discount to List
-$26,500
-6.64%
Current Estimated Value
$357,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,538
Avg. Annual Appreciation
-0.43%
Original Mortgage
$241,500
Outstanding Balance
$227,214
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$138,877

Purchase Details

Closed on
Feb 25, 2005
Sold by
Wiggins Robert L and Wiggins Robert L
Bought by
Opdahl Kevin L and Opdahl Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 21, 2002
Sold by
Centex Land Inv 2 L L C
Bought by
Wiggins Robert L and Wiggins Robert L
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 $372,500 Watson Title Services Inc
Warranty Deed $445,000 --
Deed $287,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $241,500 New Conventional
Previous Owner $400,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $431,000 +1.4% --
03/19/2022 03/19/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $425,000 +14.1% --
08/06/2021 08/06/21 Sold $372,500 -6.6% --
07/06/2021 07/06/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $399,000 -- --
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 $4,819 $342,000 $342,000 --
2023 $4,819 $330,000 $330,000 $0
2022 $3,787 $260,000 $260,000 $0
2021 $2,412 $164,500 $164,500 $0
2020 $2,276 $157,000 $157,000 $0
2019 $2,194 $157,000 $157,000 $0
2018 $2,159 $160,000 $160,000 $0
2017 $2,087 $160,000 $160,000 $0
2016 $2,044 $95,832 $0 $0
2015 $1,709 $87,120 $0 $0
2014 $1,677 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC268917

Stellar MLS

APN: 04-11-31-3512-00010-0760