$1,125,000
SOLD APR 8, 2021

57 Cinnamon Beach Way Palm Coast, FL 32137

5 Beds
6 Baths
3,845 Sq Ft
10,062 Sq Ft Lot

Recently Sold

$293 Per Sq Ft

2% Below List Price

40 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Security Service
  • Corner Lot

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 Oreilly

HAMMOCK REAL ESTATE GROUP License #3289767 Listed on: 10/27/2020

Last Buyer's Agent

Luke Oreilly

HAMMOCK REAL ESTATE GROUP License #3289767 Listed on: 10/27/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,755

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 41'x165x83'x144'
  • Ocean Front
  • Cul-De-Sac
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Zoning described as PUD

HOA Fees

  • $153 Monthly HOA Fees

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Tile Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 3,845 Sq Ft Home
  • Furnished
  • Entrance Foyer
  • Ocean Views
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 6 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0411313512000100260

Community Details

Overview

  • Association fees include insurance, ground maintenance, security, trash
  • Cinnamon Beach Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision

Recreation

  • Fitness Center
  • Jogging Path

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,755

Year Built

Built in 2019

Lot Details

0

HOA Fees

$153 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Year Built: 2019
  • Property Sub Type: Single Family Residence
  • Lot Size: 41'x165x83'x144'
  • Road Surface Type: Asphalt
  • Subdivision Name: Ocean Hammock
  • Entry Level: 1
  • General Property Information Living Area2: 3845.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Furnished: Furnished
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Security Features Security System Owned: 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
  • ViewOcean: Yes
  • Roof:Tile2: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Kitchen Island, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Major Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Furnished: Furnished
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile
  • Living Area: 3845.0
  • 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

Exterior Features

  • Waterfront: Yes
  • Exterior: Balcony
  • Roof: Tile
  • Lot Features: Corner Lot, Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • Pool Features: In Ground
  • View: Golf Course, Ocean, Water
  • Construction Type: Concrete, Stucco
  • Patio And Porch Features: Covered, Patio
  • Exterior Features:Balcony: Yes
  • Construction Materials:Concrete: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Corner Lot: Yes
  • Waterfront Features:Ocean Front: Yes
  • Waterfront Features:Lake Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: On Street
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:On Street: Yes

Utilities

  • Utilities: Cable Available
  • Security: 24 Hour Security, Security System Owned
  • 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: 460.0
  • Association Fee Frequency: Quarterly
  • Amenities: Clubhouse, Fitness Center, Jogging Path, Management - Full Time, Management - Off Site, Security, Trash
  • Association Name: Cinnamon Beach
  • Phone: 386-446-0085
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 460.0
  • 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:Trash: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Amenities:Security: Yes
  • Association Fee Includes:Security2: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Security, Trash

Lot Info

  • Current Use: Single Family
  • Parcel #: 0411313512000100260
  • Zoning Description: PUD

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%
Current Estimated Value
$1,511,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,144
Avg. Annual Appreciation
7.06%
Original Mortgage
$715,000
Outstanding Balance
$652,981
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$857,345

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 Type Sale Price Title Company
Warranty Deed $1,125,000 Attorney
Quit Claim Deed -- None Available
Warranty Deed $150,000 Attorney
Deed $244,900 --
Warranty Deed $222,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $715,000 New Conventional
Previous Owner $628,125 Construction
Closed $0 No Value Available
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: 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
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: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1080007

realMLS (Northeast Florida Multiple Listing Service)

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