$90,000
SOLD AUG 22, 2013

7 Cinnamon Beach Way Palm Coast, FL 32137

0.15 Acre
$600,000 Price per Acre
6,943 Sq Ft Lot

Recently Sold

$13 Per Sq Ft

9% Below List Price

26 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Golf Course View
  • Heating Available
  • Old Kings Elementary School Rated A-
  • Waterfront

About This Lot

As of February 2025

WONDERFUL CINNAMON BEACH GOLF COURSE HOMESITE IS NOW AVAILABLE. WALKING DISTANCE TO THE BEACH AND CINNAMON BEACH AMENITIES. AMENITIES INCLUDE LAKEFRONT CLUBHOUSE/POOL & SPA, FITNESS CENTER, KIDS SPLASH ZONE, KIDS GAME ROOM, OCEANFRONT POOL & SPA & LAKESIDE GRILL-BISTRO.SHORT SALE LENDER APPROVAL REQUIRED.; Paid Sewer:0;

Last Agent to Sell the Property

KEVIN ORAK

License #3066588 Listed on: 01/18/2013

Last Buyer's Agent

PETER McKINLEY

REALTY EXECUTIVES OCEANSIDE License #3142834

REALTY EXECUTIVES OCEANSIDE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $887

Lot Details

  • 6,943 Sq Ft Lot
  • Waterfront
  • Northeast Facing Home
  • Property is zoned PUD PUD

Property Views

  • Golf Course Views

Utilities

  • Underground Utilities
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0020

Community Details

Overview

  • Property has a Home Owners Association
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Condos
  • Ocean Hammock Subdivision

Recreation

  • Water access To Gulf or Ocean

Property Details

Property Type

Land

Est. Annual Taxes

$887

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Sq Ft: 6943
  • Directions to Property: Hammock Dunes Pkwy to Hotel Trace Guard Gate
  • Status: Sold
  • Ratio: Close Price\List Price: 0.90909
  • Price per Sq Ft: 12.96
  • Close to Original List Price Ratio: 0.90909
  • View: Yes
  • Tax Year: 2012
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 7

Exterior Features

  • Direction Faces: Northeast
  • View: Golf Course
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Gulf/Ocean

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Underground Utilities
  • Sewer: Private Sewer, Public Sewer
  • Water Source: Private, Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 775
  • Association Name: May Management
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD PUD
  • Parcel Number: 04-11-31-3512-00010-0020
  • Current Use: Other
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2025
Closed on
Feb 27, 2025
Sold by
Cradick Matthew
Bought by
Cradick Holdings Llc
Seller's Agent
Shelley DeVito
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
List Price
$1,298,500
Sold Price
$1,185,000
Premium/Discount to List
-$113,500
-8.74%
Views
11
Current Estimated Value
$1,195,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,666
Avg. Annual Appreciation
2.54%
Original Mortgage
$948,000
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2025
Closed on
Feb 25, 2025
Sold by
Nikzad Family Trust and Nikzad Mehrdad
Bought by
Cradick Matthew
Seller's Agent
Shelley DeVito
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
List Price
$1,298,500
Sold Price
$1,185,000
Premium/Discount to List
-$113,500
-8.74%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$948,000
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2018
Sold by
Nikzad Mehrdad
Bought by
Nikzad Mehrdad and The Nikzad Family Trust

Purchase Details

Closed on
May 1, 2017
Bought by
Nikzad Mehrdad

Purchase Details

Listed on
Jan 18, 2013
Closed on
Aug 21, 2013
Sold by
Bowling Mathew Mark
Bought by
Voss Ralph F and Voss Jerrilynn S
Seller's Agent
KEVIN ORAK
Buyer's Agent
PETER McKINLEY
REALTY EXECUTIVES OCEANSIDE
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.24%

Purchase Details

Closed on
Mar 30, 2006
Sold by
Centex Homes
Bought by
Bowling Matthew Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,145
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
May 31, 2000
Sold by
Northshore Hammock L P
Bought by
Kristo Michael

Purchase Details

Closed on
Dec 29, 1999
Sold by
Northshore Hammock L P
Bought by
Kristo Michael
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
Quit Claim Deed $100 Title Chain
Quit Claim Deed $100 Title Chain
Warranty Deed $1,185,000 Title Chain
Interfamily Deed Transfer -- Attorney
Deed $100,000 --
Warranty Deed $90,000 Title Chain Inc
Special Warranty Deed $350,000 Commerce Title
Warranty Deed -- --
Warranty Deed $158,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $948,000 New Conventional
Previous Owner $319,145 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Sold $1,185,000 -8.7% $280 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
01/05/2025 01/05/25 For Sale $1,298,500 +1342.8% $307 / Sq Ft
08/22/2013 08/22/13 Sold $90,000 -9.1% $13 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $99,000 -- $14 / 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 $1,993 $170,000 $170,000 --
2023 $1,993 $94,501 $0 $0
2022 $1,593 $143,000 $143,000 $0
2021 $1,287 $89,500 $89,500 $0
2020 $1,130 $71,000 $71,000 $0
2019 $1,284 $80,000 $80,000 $0
2018 $1,313 $80,000 $80,000 $0
2017 $1,322 $80,000 $80,000 $0
2016 $1,448 $72,600 $0 $0
2015 $1,337 $66,000 $0 $0
2014 $1,055 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC193641

Stellar MLS

APN: 04-11-31-3512-00010-0020