NOT LISTED FOR SALE

600 Cinnamon Beach Way Unit 562 Palm Coast, FL 32137

Estimated Value: $776,000 - $897,000

3 Beds
2 Baths
1,609 Sq Ft
$375/mo HOA Fee

Last Sold October 14, 2013

Last sale price $450,000 $280 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,753/month

208 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Sauna
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Community Pool

About This Home

As of October 2013

Completed in the fall of 2004, this luxurious oceanfront condo a Jack Nickalaus golf course, miles of Atlantic beach and incredible views from the 6th floor penthouse. Handicapped Accessible Master Bathroom.

Last Listed By

Keith Gordon

GETMOREOFFERS License #409442 Listed on: 03/08/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,028

Year Built

  • Built in 2004

Lot Details

  • Property fronts gulf or ocean
  • West Facing Home

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Garage Space

Home Design

  • Planned Development
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,609 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Solar Screens
  • Water Views
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Handicap Modified
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0562
  • $77 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, insurance, maintenance structure, ground maintenance, trash
  • Cinnamon Beach Association
  • Ohpoa Association, Phone Number (904) 461-9708
  • Ocean Hammock Condos
  • Ocean Hammock Subdivision

Amenities

  • Sauna
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,028

Year Built

Built in 2004

Lot Details

0

HOA Fees

$375 per month

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Insurance, Maintenance Structure, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Living Area: 1609
  • Year Built: 2004
  • Accessibility Features: Handicap Modified
  • Directions to Property: Exit I-95 #289 east on to Palm Coast Parkway approx 2 miles to the toll bridge of $2.00. Hammock Dunes Parkway to Main Gate at Ocean Hammock. Condo is in building 600 unit 562, top floor.
  • Status: Sold
  • Floor Number: 6
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Property Manager: May Management
  • Property Manager Phone: 9044619708
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.90018
  • Price per Sq Ft: 279.68
  • Close to Original List Price Ratio: 0.69337
  • View: No
  • Tax Year: 2013
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Other, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Stories: 3
  • Window Features: Blinds, Solar Screens
  • Street Number Modifier: 600
  • Room Count: 5
  • ResoLivingAreaSource: Other

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Fitness Center, Gated, Pool, Sauna
  • 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: 375
  • Association: OHPOA
  • Association Phone #2: 9044619708

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0562
  • Lot Features: Other
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Week

Tax Info

  • Tax Annual Amount: 5028
  • Tax Other Annual Assessment Amount: 77

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
Oct 14, 2013
Sold by
Coday Bryan L and Coday Deidra
Bought by
Kolacz Richard
Seller's Agent
Keith Gordon
GETMOREOFFERS
Buyer's Agent
Kendall Caputo
BETTER HMS & GARDENS RE SYNERG
List Price
$649,000
Sold Price
$450,000
Premium/Discount to List
-$199,000
-30.66%
Total Days on Market
208
Current Estimated Value
$827,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,464
Avg. Annual Appreciation
5.38%

Purchase Details

Closed on
Sep 30, 2004
Sold by
Centex Homes
Bought by
Coday Bryan L and Coday Deidra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,920
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

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
Kolacz Richard $450,000 Covenant Closing & Title Ser
Coday Bryan L $722,200 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coday Bryan L $575,920
Closed Coday Bryan L $71,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2013 10/14/13 Sold $450,000 -30.7% $280 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $649,000 -- $403 / 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 $8,957 $778,500 -- $778,500
2023 $8,957 $523,325 $0 $0
2022 $7,857 $648,750 $0 $648,750
2021 $6,486 $432,500 $0 $432,500
2020 $6,584 $432,500 $0 $432,500
2019 $6,679 $432,500 $0 $432,500
2018 $6,527 $412,600 $0 $412,600
2017 $6,463 $405,400 $0 $0
2016 $6,595 $405,400 $0 $0
2015 $6,347 $386,400 $0 $0
2014 $6,466 $386,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC194766

Stellar MLS

APN: 04-11-31-3513-00000-0562