NOT LISTED FOR SALE

57 Cinnamon Beach Way Palm Coast, FL 32137

Estimated Value: $1,395,117 - $1,646,000

5 Beds
6 Baths
3,845 Sq Ft
$388/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $1,125,000 $293 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $9,391/month

13 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Gated Community
  • Old Kings Elementary School Rated A-
  • All Bedrooms Downstairs
  • Waterfront

About This Home

As of April 2021

Stunning like-new home in Cinnamon Beach with guest cottage- the 2019 Parade of Homes Grand Award Winner! This custom home offers 5 bedrooms and 6 full bathrooms, breathtaking views, ocean breezes, exquisite fit-and-finish, a floor plan unlike any other in the area, and is virtually surrounded by water. Spacious guest cottage w/full bath located above the side-entry garage has its own entrance- complete privacy for guests or extended family! Ground level of the main house features an island kitchen and wide-open dining and living areas, which flow out to the spectacular pool and patio. Lounge waterside and watch the birds and otters at play in the lake! 1st floor also offers a guest suite and den, each w/full bath en suite.2nd level is home to the magnificent master suite w/private balcony balcony

Last Agent to Sell the Property

Luke O'Reilly

Hammock Real Estate Group Listed on: 11/24/2020

Last Buyer's Agent

Luke O'Reilly

Hammock Real Estate Group Listed on: 11/24/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,034

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 41'x165'x83'x14
  • Waterfront
  • Cul-De-Sac
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $153 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Concrete Block With Brick
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,845 Sq Ft Home
  • 3-Story Property
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • In-Law or Guest Suite
  • 6 Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0260

Community Details

Overview

  • Association fees include cable, community maintained, security, trash collection

Amenities

  • Clubhouse

Recreation

  • Exercise Course

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,034

Year Built

Built in 2019

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • Community Development District: Yes
  • Acreage: Less Than 1/4 Acre
  • Association Maintenance Fee: 460
  • Class: Residential
  • Closing Price Per Sq Ft: 292.59
  • Condo Restrictions: See Docs
  • Construction: Concrete Block, Stucco
  • Entry Level2: Ground Level
  • Extras: Auto Sprinkler, Bedroom Downstairs, Hoa, In-Law Suite, Pool In-Ground, Secure Community
  • Heat: Central, Electric
  • Hoa Fees: Cable, Community Maintained, Security, Trash Collection
  • Hoa Restrictions: See Docs
  • Hoa Term: Quarterly
  • HOA: Yes
  • Legal Description: OCEAN HAMMOCK PARCEL A-5 PLAT ONE LOT 26 OR 850 PG 1861 OR 1488/1748 OR 2181/1837 OR 2236/1146 OR 2266/1070-CD
  • Listing Price Sq Ft: 299.09
  • Location: Golf Course, Ocean View
  • Lot Land Type: Corner, Cul-De-Sac
  • Low Tide Depth: Unknown
  • Lvt Date: 11/24/2020
  • Personal Property: Ceiling Fans, Dishwasher, Disposal, Dryer, Garage Door, Microwave, Range, Refrigerator, Security System, Washer, Furnished
  • Style: Single Family Home
  • Type Of Property: Single Family
  • Waste: Sewer
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Primary Bathroom: Tub/Shower Separate
  • Bathrooms: 6
  • Bedroom 2: Dimensions: 14x10
  • Bedrooms: 5
  • Dining Room: Dimensions: 10x16
  • Entry Level: Ground Level
  • Flooring: Carpet, Tile
  • Kitchen: Dimensions: 10x16
  • Living Room: Dimensions: 14x16
  • Living Sq Ft: 3845
  • Master Bedroom: Dimensions: 17x18, On Level: 2
  • Price Per Sq Ft: 292.59

Exterior Features

  • Roof: Tile
  • Stories: 3
  • Waterfront Type: Ocean View
  • Waterfront: Yes

Garage/Parking

  • Parking Facilities: 2 Car Garage

Utilities

  • Air Conditioner: Central, Electric
  • Security: Security Gate, Full-Time
  • Water: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Exercise, Gated, Pool Heated
  • Condo Fees: Cable, Community Maintained, Security, Trash Collection
  • Management: Full-Time, Off-Site

Lot Info

  • Lot Size: 41'x165'x83'x14
  • Zoning: R-1
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 04-11-31-3512-00010-0260
  • Taxes: 2034
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Apr 8, 2021
Sold by
57 Cinnamon Beach Way Llc
Bought by
Armstrong John and Armstrong Jodie
Seller's Agent
Luke O'Reilly
Hammock Real Estate Group
Buyer's Agent
Luke O'Reilly
Hammock Real Estate Group
List Price
$1,150,000
Sold Price
$1,125,000
Premium/Discount to List
-$25,000
-2.17%
Total Days on Market
13
Current Estimated Value
$1,493,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,279
Avg. Annual Appreciation
7.54%
Original Mortgage
$715,000
Outstanding Balance
$652,981
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$870,366

Purchase Details

Closed on
Sep 29, 2017
Sold by
Bijow Development Llc
Bought by
57 Cinnaman Beach Way Llc

Purchase Details

Closed on
Jan 6, 2017
Sold by
May Edwin H
Bought by
Bljou Develometns Llc

Purchase Details

Closed on
Sep 6, 2002
Sold by
Centex Land Inv Ii L L C
Bought by
Carlson Juels A and Carlson Sally A

Purchase Details

Closed on
Dec 28, 2000
Sold by
Northshore Hammock L P
Bought by
Black John M
Source: Public Records

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Range of Values:

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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
Armstrong John $1,125,000 Attorney
57 Cinnaman Beach Way Llc -- None Available
Bljou Develometns Llc $150,000 Attorney
Carlson Juels A $244,900 --
Black John M $222,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong John $715,000
Previous Owner 57 Cinnamon Beach Way Llc $628,125
Closed Bljou Develometns Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $1,125,000 0.0% $293 / Sq Ft
04/08/2021 04/08/21 Sold $1,125,000 -2.2% $293 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/07/2020 12/07/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $1,150,000 0.0% $299 / Sq Ft
10/27/2020 10/27/20 For Sale $1,150,000 -- $299 / Sq Ft
Source: St. Augustine and St. Johns County Board of REALTORS®

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 $15,755 $1,180,459 $244,000 $936,459
2023 $15,755 $998,867 $0 $0
2022 $13,431 $908,061 $187,000 $721,061
2021 $10,513 $687,566 $106,500 $581,066
2020 $9,748 $626,505 $106,500 $520,005
2019 $2,035 $113,500 $113,500 $0
2018 $1,784 $110,000 $110,000 $0
2017 $1,755 $110,000 $110,000 $0
2016 $1,696 $95,832 $0 $0
2015 $1,636 $87,120 $0 $0
2014 $1,454 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: St. Augustine and St. Johns County Board of REALTORS®

MLS Number: 199901

St. Augustine and St. Johns County Board of REALTORS®

APN: 04-11-31-3512-00010-0260