NOT LISTED FOR SALE

55 Cinnamon Beach Way Palm Coast, FL 32137

Estimated Value: $1,296,000 - $1,407,000

5 Beds
5 Baths
3,772 Sq Ft
$353/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $849,000 $225 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,413/month

2 Days on Market

Highlights

  • Fitness Center
  • Screened Pool
  • New Construction
  • Old Kings Elementary School Rated A-
  • 24-Hour Security
  • Waterfront

About This Home

As of November 2020

Gorgeous Cinnamon Beach at Ocean Hammock built in 2020. This magnificent new home features over 3770sq. ft. of luxurious living space, and a spectacular screened-in pool and patio area! Exquisite fit-and-finish throughout, including wood and tile throughout living areas with soaring /tray ceilings. Gourmet kitchen features stainless appliances, custom cabinets, and huge granite island overlooking the dining and living areas! Wide open dining and living areas flow out to the huge open-air balcony on the rear of the house allowing you to enjoy spectacular sunset views. Plush Oversized owners suite with sitting area with walk out balcony. Luxurious master bath offers his and hers vanities, relaxing soaking tub, and huge all tile walk-in shower. Guests will lounge in luxury on the ground

Last Agent to Sell the Property

Luke Oreilly

HAMMOCK REAL ESTATE GROUP License #3289767 Listed on: 09/25/2020

Last Buyer's Agent

NON MLS

NON MLS (realMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 162.34x59.64x58
  • Waterfront
  • Front and Back Yard Sprinklers
  • Zoning described as PUD

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,772 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Entrance Foyer
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Common Area

Pool

  • Screened Pool
  • In Ground Pool
  • Spa
  • Screen Enclosure

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0411313512000100250

Community Details

Overview

  • Association fees include pest control
  • Cinnamon Beach Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Spa
  • Jogging Path

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$133 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: Yes
  • Stories: 2
  • Year Built: 2020
  • Property Sub Type: Single Family Residence
  • Lot Size: 162.34x59.64x58
  • Road Surface Type: Asphalt
  • Subdivision Name: Ocean Hammock
  • Entry Level: 1
  • General Property Information Living Area2: 3772.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: Yes
  • General Property Information List PriceSqFt2: 222.43
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Association Phone: 386-446-0085
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Entry Level2: 1.0
  • Roof:Tile2: Yes
  • Pool Features Screen Enclosure: Yes
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Entrance Foyer, In-Law Floorplan, Kitchen Island, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s), Wet Bar
  • Major Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Spa Features: Private
  • Accessibility Features: Accessible Common Area
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Tile, Wood
  • Living Area: 3772.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Waterfront: Yes
  • Exterior: Balcony
  • Roof: Tile
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Pool Features: In Ground, Screen Enclosure
  • View: Water
  • Construction Type: Block, Stucco
  • Patio And Porch Features: Covered, Patio
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Stucco: Yes
  • Waterfront Features:Lake Front: Yes
  • Accessibility Features:Accessible Common Area: Yes
  • Construction Materials:Block: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Utilities: Cable Available
  • Security: 24 Hour Security
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Quarterly
  • Amenities: Clubhouse, Fitness Center, Jogging Path, Laundry, Management - Full Time, Management - Off Site, Security, Spa/Hot Tub, Trash
  • Association Name: Cinnamon Beach
  • Phone: 386-446-0085
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 400.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association Name: Cinnamon Beach
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Amenities:Trash: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Amenities:Laundry: Yes
  • Association Amenities:Security: Yes

Fee Information

  • Association Fee Includes: Pest Control

Lot Info

  • Current Use: Single Family
  • Parcel #: 0411313512000100250
  • Zoning Description: PUD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 17, 2020
Sold by
Nikzad Mehrdad and The Nikzad Family Trust
Bought by
Mccuin Brandon L and Buckthal Jill Buckthal
Seller's Agent
Luke Oreilly
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
NON MLS
NON MLS (realMLS)
List Price
$839,000
Sold Price
$849,000
Premium/Discount to List
$10,000
1.19%
Current Estimated Value
$1,332,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,122
Avg. Annual Appreciation
9.33%
Original Mortgage
$510,400
Outstanding Balance
$363,429
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$968,693

Purchase Details

Closed on
Jul 13, 2018
Sold by
Nikzad Mehrdad
Bought by
Nikzad Mehrdad and The Nikzad Family Trust

Purchase Details

Listed on
Dec 31, 2014
Closed on
Sep 1, 2015
Sold by
Kernus Arnold Marc and Kernus Diana Lynn
Bought by
Nikzad Mehrdad
Seller's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.50%
Original Mortgage
$110,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 10, 2008
Sold by
Kurth Douglas A and Kurth Harriet
Bought by
Kernus Arnold Marc and Kernus Diana Lynn

Purchase Details

Closed on
Nov 5, 2002
Sold by
Centex Land Inv Ii L L C
Bought by
Kurth Douglas A and Kurth Harriet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.15%

Purchase Details

Closed on
Aug 27, 2002
Sold by
Centex Land Inv Ii L L C
Bought by
Kurth Douglas A and Kurth Harriet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.4%

Purchase Details

Closed on
May 2, 2001
Sold by
Northshore Hammock L P
Bought by
Stern Donald

Purchase Details

Closed on
Dec 20, 1999
Sold by
Northshore Hammock L P
Bought by
Luptowski Thomas A and Luptowski Marybeth F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccuin Brandon L $849,000 Title Chain Inc
Nikzad Mehrdad -- Attorney
Nikzad Mehrdad $140,000 Title Chain Inc
Kernus Arnold Marc $175,000 Pioneer Title Services Llc
Kurth Douglas A -- --
Kurth Douglas A $209,900 --
Stern Donald $217,900 --
Luptowski Thomas A $92,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccuin Brandon L $510,400
Previous Owner Nikzad Mehrdad $110,000
Previous Owner Kurth Douglas A $140,000
Previous Owner Kurth Douglas A $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2023 12/17/23 Off Market $849,000 -- --
11/20/2020 11/20/20 Sold $849,000 +1.2% $225 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $839,000 +499.3% $222 / Sq Ft
09/01/2015 09/01/15 Sold $140,000 -3.4% $18 / Sq Ft View Prior Sale
06/26/2015 06/26/15 Pending -- -- --
12/31/2014 12/31/14 For Sale $144,900 -- $19 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $15,273 $1,122,578 $219,600 $902,978
2024 $14,659 $1,208,227 $219,600 $988,627
2023 $14,659 $855,643 $0 $0
2022 $12,401 $930,650 $168,300 $762,350
2021 $10,804 $707,143 $95,850 $611,293
2020 $1,505 $95,850 $95,850 $0
2019 $1,623 $102,150 $102,150 $0
2018 $1,611 $99,000 $99,000 $0
2017 $1,623 $99,000 $99,000 $0
2016 $1,649 $99,000 $0 $0
2015 $1,478 $78,408 $0 $0
2014 $1,315 $81,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luke Oreilly

    Seller's Agent in 2020

    Luke Oreilly

    HAMMOCK REAL ESTATE GROUP

    (386) 246-9934

    78 in this area

    87 Total Sales

    Luke Oreilly
    Section Image

  • N

    Buyer's Agent in 2020

    NON MLS

    NON MLS (realMLS)

    NON MLS
    Section Image
  • Dave Franklin

    Seller's Agent in 2015

    Dave Franklin

    COASTAL GATEWAY REAL ESTATE GR

    (386) 569-8518

    17 in this area

    17 Total Sales

    Dave Franklin
    Section Image
  • Carlene Reardon

    Seller Co-Listing Agent in 2015

    Carlene Reardon

    COASTAL GATEWAY REAL ESTATE GR

    (386) 503-5897

    196 in this area

    210 Total Sales

    Carlene Reardon
    Section Image
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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1074998

realMLS (Northeast Florida Multiple Listing Service)

APN: 04-11-31-3512-00010-0250

Florida Flagler County Palm Coast 32137

55 Cinnamon Beach Way, Palm Coast, FL

Not Listed for Sale

Detached

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