NOT LISTED FOR SALE

56 Island Estates Pkwy Palm Coast, FL 32137

Estimated Value: $2,319,000 - $3,302,000

4 Beds
5.5 Baths
4,953 Sq Ft
$588/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $2,000,000 $404 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $17,066/month

123 Days on Market

Highlights

  • 320 Feet of Waterfront
  • Boat Dock
  • Intracoastal View
  • Old Kings Elementary School Rated A-
  • Access To Intracoastal Waterway
  • Solar Heated In Ground Pool

About This Home

As of September 2020

UNIQUE! This combined property includes the high and dry lot at 54 and is one of the top properties in the prestigious Island Estates sub division of the Private, Gated, Guarded, Oceanfront Golf Community of Hammock Dunes. The WOW factor is real! One of 187 potential Single family estate properties on this true 2.5 mile island, boarded by the Intracoastal and the Florida canal, this 3.5 acre property offers total privacy, while being only a few minutes walk from the communities private oceanfront beach. Enjoy Paradise lounging beside or in your pool or boating from your own dock on the Intracoastal. This lot also offers an unobscured shoreline across from your own private Intracoastal beach. Check out the video and Pics attached. They speak for themselves. The home is full of positive energy and offers all the amenities you would expect from this value point, and more.

Last Agent to Sell the Property

Robert Bagdon

ENGEL VOLKERS PALM COAST License #3248239 Listed on: 05/17/2020

ENGEL VOLKERS PALM COAST

Co-Listed By

Ann M. Bagdon

ENGEL VOLKERS PALM COAST License #3242826

Last Buyer's Agent

Carlene Reardon

COASTAL GATEWAY REAL ESTATE GROUP License #3109455

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,331

Year Built

  • Built in 1998

Lot Details

  • 3.51 Acre Lot
  • 320 Feet of Waterfront
  • East Facing Home
  • Fenced
  • Interior Lot
  • Irrigation Equipment
  • Property is zoned PUD

Parking

  • 1 Car Garage
  • Carport
  • Circular Driveway

Home Design

  • French Provincial Architecture
  • Split Level Home
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,953 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Intracoastal Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Solar Heated In Ground Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Access To Intracoastal Waterway
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Propane
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3000-00000-1660
  • $60 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-Hour Guard, ground maintenance, trash
  • Hammock Dunes Owners Association, Phone Number (386) 446-6333
  • Hammock Dunes Subdivision
  • Property managed by Southern States Mgmt

Recreation

  • Boat Dock

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,331

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: French Provincial
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4953
  • Lot Size Acres: 3.51
  • Year Built: 1998
  • Lot Size Sq Ft: 152846
  • Directions to Property: A1A to Island Estates Gate. Once thru gate, proceed to #56 and will be on the right side of the road across from Mariner Drive.
  • Status: Sold
  • Co List Office Mls Id: MFR1371
  • Co List Office Phone: 386-276-9200
  • Available for Lease YN: 1
  • Escrow Street Name: 1 Armand Beach Dr Ste. 1 32137
  • RATIO Current Price By Calculate: 403.80
  • Total Acreage: 2 to less than 5
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Tile, Wood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Levels: Multi/Split
  • Other Equipment: Irrigation Equipment
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 54/56
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 460.15
  • Room Count: 15

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground, Salt Water, Solar Heat
  • Exterior Features: Fence, Lighting, Outdoor Kitchen, Rain Gutters
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water Access: Intracoastal Waterway
  • Water View: Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 320
  • Price Per Acre: 569801

Garage/Parking

  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Circular Driveway

Utilities

  • Utilities: Cable Available, Propane, Sewer Connected, Sprinkler Meter, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Dock, Gated
  • Association Fee: 732
  • Association Name: Hammock Dunes Owners
  • Phone: 386-446-6333
  • Association: Yes
  • Senior Community: No
  • Complex Community Name Nccb: HAMMOCK DUNES
  • Pet Restrictions: Pet Restrictions-See Remarks
  • Development: Island Estates
  • Property Manager: Southern States Mgmt
  • Property Manager Phone: 386-446-6333

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3000-00000-1660
  • Lot Features: Interior Lot
  • Homestead YN: 1
  • Lot Size Square Meters: 14200

Tax Info

  • Tax Annual Amount: 19331
  • Tax Other Annual Assessment Amount: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Burt Richard Blake
Bought by
Richard Blake Burt Revocable Trust and Burt
Current Estimated Value
$2,913,240

Purchase Details

Listed on
May 17, 2020
Closed on
Sep 22, 2020
Sold by
Wormeck and Karl
Bought by
Burt Richard Blake
Seller's Agent
Robert Bagdon
ENGEL VOLKERS PALM COAST
Buyer's Agent
Carlene Reardon
COASTAL GATEWAY REAL ESTATE GROUP
List Price
$2,349,000
Sold Price
$2,000,000
Premium/Discount to List
-$349,000
-14.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%

Purchase Details

Closed on
Aug 19, 2008
Sold by
Gorman Beth B and Gorman Joseph Michael
Bought by
Wormeck Judi

Purchase Details

Closed on
Feb 23, 2004
Sold by
Gorman Beth B
Bought by
Gorman Beth B and Gorman Joseph Michael

Purchase Details

Closed on
Jul 15, 2003
Sold by
Hebert Paul E and Hebert Margaret K
Bought by
Gorman Beth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.24%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 2002
Sold by
Young Robert R and Young Dorothy C
Bought by
Hebert Paul E and Hebert Margaret K

Purchase Details

Closed on
Dec 6, 1996
Sold by
Turner William H and Turner Jeanne D
Bought by
Young Robert R and Young Dorothy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

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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
Richard Blake Burt Revocable Trust $100 None Listed On Document
Burt Richard Blake $2,000,000 Title Chain
Burt Richard Blake $2,000,000 Title Chain Inc
Wormeck Judi $1,849,900 Americas Choice Title Co
Gorman Beth B -- --
Gorman Beth B $1,575,000 --
Hebert Paul E $1,475,000 --
Young Robert R $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorman Beth B $500,000
Previous Owner Young Robert R $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2022 12/18/22 Off Market $2,000,000 -- --
09/23/2020 09/23/20 Sold $2,000,000 -14.9% $404 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $2,349,000 -- $474 / 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 $21,440 $1,526,526 -- --
2023 $21,440 $1,482,064 $0 $0
2022 $20,616 $1,438,897 $0 $0
2021 $20,636 $1,396,988 $679,576 $717,412
2020 $20,087 $1,340,145 $686,750 $653,395
2019 $20,136 $1,324,390 $0 $0
2018 $20,227 $1,299,865 $0 $0
2017 $19,972 $1,273,129 $0 $0
2016 $19,920 $1,246,943 $0 $0
2015 $19,966 $1,238,275 $0 $0
2014 $20,185 $1,228,447 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Bagdon

    Seller's Agent in 2020

    Robert Bagdon

    ENGEL VOLKERS PALM COAST

    (386) 276-9200

    71 in this area

    79 Total Sales

    Robert Bagdon
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Ann M. Bagdon

    ENGEL VOLKERS PALM COAST

    (774) 245-7590

    33 in this area

    34 Total Sales

    Ann M. Bagdon
    Section Image
  • Carlene Reardon

    Buyer's Agent in 2020

    Carlene Reardon

    COASTAL GATEWAY REAL ESTATE GROUP

    (386) 503-5897

    204 in this area

    218 Total Sales

    Carlene Reardon
    Section Image
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Map

Source: Stellar MLS

MLS Number: FC257206

Stellar MLS

APN: 04-11-31-3000-00000-1660

Florida Flagler County Palm Coast 32137

56 Island Estates Pkwy, Palm Coast, FL

This home is located at 56 Island Estates Pkwy, Palm Coast, FL 32137 since 17 May 2020 and is currently estimated at $2,913,240, approximately $588 per square foot. This property was built in 1998. 56 Island Estates Pkwy 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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