$515,000
SOLD SEP 12, 2016

600 Cinnamon Beach Way Unit 545 Palm Coast, FL 32137

3 Beds
3 Baths
2,003 Sq Ft
$857/mo HOA Fee

Recently Sold

$257 Per Sq Ft

8% Below List Price

166 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • End Unit

About This Home

As of September 2016

Spectacular 4th-floor corner condo in Cinnamon Beach at Ocean Hammock! Spacious 3 bedroom/3 bathroom residence offering unbelievable ocean views! Windows along the side of this corner unit allow for plenty of natural light and creat a bright, airy feel! Desirable location on the southern end of the building. Granite counters, 42 cabinets in kitchen. Elegant entry foyer, cozy breakfast nook, casual dining room, and comfortable living room with stunning views of the Atlantic! Each of the 3 bedrooms enjoy private access to a full bathroom. Magnificent open-air balcony overlooking the ocean! Not in a rental program! Like-new condition! Building is located next to boardwalk to beach. Short walk to the clubhouse, pools, fitness center, kids' water park and more!

Last Agent to Sell the Property

Luke O'Reilly

CINNAMON BEACH REALTY License #3171453 Listed on: 02/09/2016

Last Buyer's Agent

Dave Franklin

COASTAL GATEWAY REAL ESTATE GR License #3018235

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,951

Year Built

  • Built in 2004

Lot Details

  • Property fronts gulf or ocean
  • End Unit
  • West Facing Home

HOA Fees

Parking

  • Parking Garage Space

Home Design

  • Planned Development
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • 3-Story Property
  • Water Views
  • Security Gate

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0411313513000000545
  • $61 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, ground maintenance
  • Cinnamon Beach Association
  • May Mgt Association, Phone Number (904) 940-9591
  • Ocean Hammock Condos
  • Built by Centex
  • Ocean Hammock Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,951

Year Built

Built in 2004

Lot Details

0

HOA Fees

$857 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Living Area: 2003
  • Year Built: 2004
  • Directions to Property: Palm Coast Pkwy East over Hammock Dunes bridge to Ocean Hammock gate. Follow signs to Condo buildings.
  • Status: Sold
  • Floor Number: 4
  • Homestead Y N: No
  • Property Manager: May Mgt
  • Property Description: Corner Unit
  • Property Manager Phone: (904 9409591
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.93807
  • Price per Sq Ft: 257.11
  • Close to Original List Price Ratio: 0.92129
  • View: No
  • Tax Year: 2015
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Elevator, Solid Surface Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Stories: 3
  • Street Number Modifier: 600
  • Room Count: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Parking Features: Under Building
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Fitness Center, Gated
  • Association Fee: 467
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Gate
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK
  • Association #2 Fee: 390
  • Association: May Mgt
  • Association Phone #2: (904)9409591

Lot Info

  • Zoning: PUD
  • Parcel Number: 0411313513000000545
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Centex

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Allowed 50-100 lbs

Tax Info

  • Tax Annual Amount: 6950.9
  • Tax Other Annual Assessment Amount: 61

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2017
Sold by
Abate Gerard and Abate Lynda G
Bought by
Abate Gerard and Abate Lynda Gail
Current Estimated Value
$844,451

Purchase Details

Listed on
May 12, 2016
Closed on
Sep 12, 2016
Sold by
Vitullo Benedetto B and Vitullo Geraldine M
Bought by
Abate Gerard and Abate Lynda G
Seller's Agent
Luke Oreilly
Hammock Real Estate Group
Buyer's Agent
Luke Oreilly
Hammock Real Estate Group
List Price
$515,000
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%

Purchase Details

Listed on
Feb 6, 2012
Closed on
Apr 20, 2012
Sold by
Sd Seaport Three Lp
Bought by
Vitullo Benedetto B and Vitullo Geraldine M
Seller's Agent
Steve Thomas
TRADEMARK REALTY GROUP LLC
Buyer's Agent
THOMAS MCDONNELL
CINNAMON BEACH REALTY
List Price
$429,000
Sold Price
$429,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$290,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2011
Sold by
Bank Of America Na
Bought by
Sd Seaport Three Lp

Purchase Details

Closed on
Jun 21, 2011
Sold by
Silvers Scott M and Garland Jeffrey L
Bought by
Bank Of America National Association

Purchase Details

Closed on
Sep 16, 2009
Sold by
Garland Jeffrey L and Garland Stefanie J
Bought by
Garland Jeffrey L and Living Trust Of Jeffrey L Garl

Purchase Details

Closed on
Oct 4, 2004
Sold by
Taylor Patrick J and Taylor Valerie H
Bought by
Silvers Scott M and Garland Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2004
Sold by
Centex Homes
Bought by
Taylor Patrick J and Taylor Valerie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $515,000 Title Chain Inc
Warranty Deed $429,000 Coast Title Insurance Agency
Corporate Deed $303,800 Bay National Title Company
Warranty Deed $689,200 None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $880,000 --
Condominium Deed $699,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $290,500 New Conventional
Previous Owner $704,000 Purchase Money Mortgage
Previous Owner $88,000 Stand Alone Second
Closed $88,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2016 09/12/16 Sold $515,000 0.0% $257 / Sq Ft
09/12/2016 09/12/16 Sold $515,000 0.0% $257 / Sq Ft
07/24/2016 07/24/16 Pending -- -- --
07/24/2016 07/24/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $515,000 -7.9% $257 / Sq Ft
02/09/2016 02/09/16 For Sale $559,000 +30.3% $279 / Sq Ft
04/25/2012 04/25/12 Sold $429,000 0.0% $214 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
02/04/2012 02/04/12 For Sale $429,000 -- $214 / 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 $6,060 $471,184 -- --
2023 $6,060 $457,460 $0 $0
2022 $5,859 $444,136 $0 $0
2021 $5,870 $431,200 $0 $431,200
2020 $5,960 $431,200 $0 $431,200
2019 $6,659 $431,200 $0 $431,200
2018 $6,514 $411,800 $0 $411,800
2017 $7,122 $447,100 $0 $0
2016 $7,269 $447,100 $0 $0
2015 $7,002 $426,600 $0 $0
2014 $6,954 $426,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC218993

Stellar MLS

APN: 04-11-31-3513-00000-0545