$140,000
SOLD SEP 1, 2015

55 Cinnamon Beach Way Palm Coast, FL 32137

0.25 Acre
$560,000 Price per Acre
10,890 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

3% Below List Price

177 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Security Service

About This Lot

As of November 2020

Beautiful homesite in Cinnamon Beach's Key West style community. Enjoy golf course, lake views and ocean breezes from your soon to be beach home. Choose your builder and you will be on your way to having a home that you can take advantage of putting into a vacation rental program. With only a handful of lots available in Cinnamon Beach, don't miss out on a wonderful real estate opportunity.; Paid Sewer:0;

Last Agent to Sell the Property

Dave Franklin

COASTAL GATEWAY REAL ESTATE GR License #3018235 Listed on: 12/31/2014

Co-Listed By

Carlene Reardon

COASTAL GATEWAY REAL ESTATE GR License #3109455

Last Buyer's Agent

Dave Franklin

COASTAL GATEWAY REAL ESTATE GR License #3018235 Listed on: 12/31/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,143

Lot Details

  • 0.25 Acre Lot
  • Lake Front
  • East Facing Home
  • Level Lot
  • Irregular Lot
  • Property is zoned PUD SINGLE FAMILY

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0250

Community Details

Overview

  • Property has a Home Owners Association
  • Cbhoa Association, Phone Number (904) 461-9708
  • Ocean Hammock Condos
  • Ocean Hammock Subdivision
  • The community has rules related to building or community restrictions, deed restrictions

Amenities

  • Clubhouse

Recreation

  • Fitness Center

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,143

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Sq Ft: 7650
  • Directions to Property: Hammock Dunes Parkway to Ocean Hammock gate to get pass to Cinnamon Beach.
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.96618
  • Price per Sq Ft: 18.3
  • Close to Original List Price Ratio: 0.96618
  • View: No
  • Co List Office Mls Id: 256500522
  • Co List Office Phone: 386-246-5700
  • Tax Year: 2013
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 55

Exterior Features

  • Direction Faces: East
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View Y N: Yes

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, Security
  • Association Fee: 311.33
  • Association Name: CBHOA
  • Phone: 904-461-9708
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK
  • Montly Maint Amt Addition To H O A: 311

Lot Info

  • Zoning: PUD SINGLE FAMILY
  • Parcel Number: 04-11-31-3512-00010-0250
  • Current Use: Other
  • Lot Features: Irregular Lot, Level, Other
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1142.9

Multi Family

  • Waterfront Features: Lake

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$510,400
Outstanding Balance
$384,232
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$976,333

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
25.82%
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:

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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 $849,000 Title Chain Inc
Interfamily Deed Transfer -- Attorney
Warranty Deed $140,000 Title Chain Inc
Warranty Deed $175,000 Pioneer Title Services Llc
Deed -- --
Deed $209,900 --
Warranty Deed $217,900 --
Warranty Deed $92,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,400 New Conventional
Previous Owner $50,000 Unknown
Previous Owner $110,000 Seller Take Back
Previous Owner $140,000 No Value Available
Previous Owner $140,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 For Sale $1,395,000 0.0% $370 / Sq Ft
05/22/2024 05/22/24 Off Market $1,395,000 -- --
05/22/2024 05/22/24 For Sale $1,395,000 +64.3% $370 / Sq Ft
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
06/26/2015 06/26/15 Pending -- -- --
12/31/2014 12/31/14 For Sale $144,900 -- $19 / 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
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 O'Reilly

    Seller's Agent in 2024

    Luke O'Reilly

    HAMMOCK REAL ESTATE GROUP

    (386) 246-9934

    246 in this area

    276 Total Sales

    Section Image
  • Luke Oreilly

    Seller's Agent in 2020

    Luke Oreilly

    HAMMOCK REAL ESTATE GROUP

    (386) 246-9934

    116 in this area

    130 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    NON MLS

    NON MLS (realMLS)

    Section Image
  • Dave Franklin

    Seller's Agent in 2015

    Dave Franklin

    COASTAL GATEWAY REAL ESTATE GR

    (386) 569-8518

    18 in this area

    18 Total Sales

    Section Image
  • Carlene Reardon

    Seller Co-Listing Agent in 2015

    Carlene Reardon

    COASTAL GATEWAY REAL ESTATE GR

    (386) 503-5897

    215 in this area

    230 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: FC209517

Stellar MLS

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

Florida Flagler County Palm Coast 32137

55 Cinnamon Beach Way, Palm Coast, FL

This home is located at 55 Cinnamon Beach Way, Palm Coast, FL 32137 and is currently priced at $140,000, approximately $18 per square foot. 55 Cinnamon Beach Way 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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