NOT LISTED FOR SALE

The Villas at Hammock Beach 55 Ocean Crest Way Unit 922 Palm Coast, FL 32137

Estimated Value: $719,180 - $810,000

3 Beds
2.5 Baths
1,859 Sq Ft
$706/mo HOA Fee

Last Sold February 27, 2023

Last sale price $715,000 $385 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,520/month

62 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Beach Access
  • Fitness Center
  • Old Kings Elementary School Rated A-
  • Golf Course Community
  • Gated Community

About This Home

As of February 2023

THIS RARE ON THE MARKET VILLA WITH GARAGE HAS BEEN UPDATED TO INCLUDE LVP THROUGH OUT, NEW STAINLESS STEEL APPLIANCE, COMPLETELY REPAINTED, NEW DRY BAR IN LIVING ROOM WITH WINE FRIDGE. THIS CONDO IS BEAUTIFULLY DONE AND READY FOR IT’S NEW OWNER. COVERED BALCONY OVERLOOKING LAKE AND GOLF COURSE. WITH ONLY 2 UNITS PER FLOOR AND 6 IN ENTIRE BUILDING THIS CONDO FEELS MORE LIKE A HOME. PLENTY OF NATURAL LIGHT WITH OCEAN BREEZES. WITH MEMEBERSHIP YOU CAN ENJOY ALL THE AMENITIES THIS CLUB HAS TO OFFER. TWO WORLD REKNOWN GOLF COURSES, 9 POOLS, 5 RESTAURANTS, ATLANTIC SEA , 8 TENNIS COURTS AND THE NEW PIZZA ND GELATO! THIS CONDO CAN BE PUT INTO THE HOTEL PROGRAM FOR INVESTMENT OR JUST MAKE IT YOUR LOVELY VACATION OR FULL TIME HOME.

Last Agent to Sell the Property

VICKI RUDOMANSKI

HAMMOCK REAL ESTATE GROUP License #3035860 Listed on: 09/30/2022

Last Buyer's Agent

Karla Goodman

TRADEMARK REALTY GROUP LLC License #3096497

TRADEMARK REALTY GROUP LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,430

Year Built

  • Built in 2003

Lot Details

  • End Unit
  • North Facing Home
  • Land Lease expires 12/31/22

HOA Fees

  • $706 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Open Parking
  • Golf Cart Parking

Property Views

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,859 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Dry Bar
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility
  • Vinyl Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights

Outdoor Features

  • Beach Access
  • Access To Lake
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, escrow reserves fund, maintenance structure, ground maintenance, manager, pest control, private road, security, sewer, trash, water
  • Tomoka Management Association, Phone Number (386) 361-5777
  • Hammock Beach Villas Subdivision
  • On-Site Maintenance
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,430

Year Built

Built in 2003

Lot Details

0

HOA Fees

$706 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Private Road, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1859
  • New Construction: No
  • Year Built: 2003
  • Directions to Property: HAMMOCK DUNES PKWY TO 16TH ST. RIGHT AT STOP SIGN AND SECOND GATED ENTRANCE INTO HAMMOCK BEACH.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/FC286482?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/FC286482?w=Customer
  • Floor Number: 2
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.94091
  • Price per Sq Ft: 384.62
  • Close to Original List Price Ratio: 0.94091
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Dry Bar, Elevator, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Stories: 3
  • Street Number Modifier: 55
  • Room Count: 4
  • Additional Rooms: Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Other
  • Exterior Features: Balcony, Lighting, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Golf Course, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Beach, Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 20
  • Water Frontage Feet Lake: 20
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Side, Golf Cart Parking, Ground Level
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, Golf Carts OK, Golf, Pool, Sidewalk, Tennis Courts, Water Access
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Gated, Golf Course, Laundry, Maintenance, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 706
  • Association Fee Frequency: Monthly
  • Association Name: TOMOKA MANAGEMENT
  • Phone: 386 361-5777
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Secured Garage/Parking, Security Lights, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Management: Full Time
  • Condo Land Included Y N: No
  • Amenities Additional Fees: WITH MEMBERSHIP THE AMENITIES WOULD INCLUDE GOLF, POOLS, RESTAURANTS, TENNIS
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 8472
  • Monthly HOA Fee: 706
  • Total Monthly Fees: 706

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3605-000090-0922
  • Additional Parcels: No
  • Flood Zone Code: X
  • Land Lease Expiration Date: 2022-12-31
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: No

Tax Info

  • Tax Annual Amount: 5430
  • Tax Block: 0
  • Tax Book Number: 1284
  • Tax Lot: 922
  • Tax Other Annual Assessment Amount: 60

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Feb 27, 2023
Sold by
Orne John and Orne Pamela
Bought by
James R Breen Amended And Restated Living Tru
Seller's Agent
VICKI RUDOMANSKI
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Karla Goodman
TRADEMARK REALTY GROUP LLC
List Price
$759,900
Sold Price
$715,000
Premium/Discount to List
-$44,900
-5.91%
Views
56
Current Estimated Value
$755,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,045
Avg. Annual Appreciation
2.34%

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jun 25, 2021
Sold by
Gardner Gary and Gardner Annette
Bought by
Orne John and Orne Pamela
Seller's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
VICKI RUDOMANSKI
HAMMOCK REAL ESTATE GROUP
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.51%

Purchase Details

Listed on
Jun 21, 2012
Closed on
Mar 29, 2013
Sold by
Braswell Curt and Braswell Elizabeth
Bought by
Gardner Gary and Gardner Annette
Seller's Agent
Brent Bruns
HAMMOCK COASTAL REAL ESTATE
Buyer's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GR
List Price
$295,000
Sold Price
$240,000
Premium/Discount to List
-$55,000
-18.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%

Purchase Details

Closed on
Sep 12, 2003
Sold by
Centex Homes
Bought by
Greenwod Beth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.33%
Source: Public Records

Range of Values:

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Average Value
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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
James R Breen Amended And Restated Living Tru $715,000 Victory Title
Orne John $530,000 Americas Choice Title Co
Gardner Gary $240,000 Title Chain Inc
Greenwod Beth Ann $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orne John $50,000
Previous Owner Greenwod Beth Ann $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $715,000 -5.9% $385 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $759,900 +43.4% $409 / Sq Ft
06/25/2021 06/25/21 Sold $530,000 +1.0% $285 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $525,000 +118.8% $282 / Sq Ft
03/29/2013 03/29/13 Sold $240,000 -18.6% $129 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
06/20/2012 06/20/12 For Sale $295,000 -- $159 / 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 $8,400 $642,340 -- $642,340
2023 $8,400 $543,519 $0 $0
2022 $7,162 $494,108 $0 $494,108
2021 $4,682 $311,100 $0 $311,100
2020 $4,660 $305,000 $0 $305,000
2019 $4,469 $288,100 $0 $288,100
2018 $4,241 $266,800 $0 $266,800
2017 $4,073 $254,100 $0 $0
2016 $4,224 $258,500 $0 $0
2015 $4,166 $258,500 $0 $0
2014 $3,796 $225,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC286482

Stellar MLS

APN: 04-11-31-3605-00090-0922