NOT LISTED FOR SALE

7 Ocean Ridge Blvd N Palm Coast, FL 32137

Estimated Value: $387,000 - $395,404

0.25 Acre
$1,564,808 Price per Acre
10,890 Sq Ft Lot

Last Sold August 05, 2024

Last sale price $404,000

Est. 3% decrease in value since last sale

Current estimated payment $2,474/month

49 Days on Market

Highlights

  • Community Beach Access
  • Gated Community
  • Security Guard
  • Old Kings Elementary School Rated A-
  • Interior Lot
  • Trails

About This Lot

As of August 2024

NOW IS THE TIME TO BUILD AT THIS PERFECT LOCATION THAT IS JUST STEPS TO THE COMMUNITY WALKWAY OVER TO BEACH..BE PART OF OCEAN HAMMOCK COMMUNITY...WITH ITS WELL LITE STREETS AND BEAUTIFUL LANDSCAPE....GATED COMMUNITY WITH 24 HR ROVING PATROL..NO BUILD OUT TIME...HAVE AN OPPORTUNITY TO JOIN HAMMOCK BEACH CLUB WITH NUMEROUS AMENITIES OF GOLF, POOLS AND SPA..COME VIEW THIS PIECE OF PARADISE... THIS PROPERTY WILL NOT LAST LONG

Last Agent to Sell the Property

EDMUND GIANCOLA

CINNAMON BEACH REALTY License #3224676 Listed on: 05/03/2024

Last Buyer's Agent

RENEE MOLITOR

HAMMOCK REAL ESTATE GROUP License #3497002

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,584

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 70.02x163
  • Northeast Facing Home
  • Interior Lot
  • Cleared Lot
  • Property is zoned PUD

HOA Fees

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 67
  • Assessor Parcel Number 04-11-31-4900-00000-0040

Community Details

Overview

  • Association fees include 24-Hour Guard, private road, security
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Property 386 Owners Assoc Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision

Recreation

  • Community Beach Access
  • Trails

Security

  • Security Guard
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,584

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Private Road, Security
  • Property Type: Land
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 11643
  • Directions to Property: HAMMOCK DUNES PKWY TO HOTEL TRACE (FIRST ENTRANCE TO OCEAN HAMMOCK) MAKE RIGHT THRU GUARDHOUSE TO OCEAN WAY MAKE RIGHT PROCEED TO OCEAN RIDGE N
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 579203043
  • RATIO Current Price By Calculate: 34.70
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 7

Exterior Features

  • Direction Faces: Northeast
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 1616000

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach Area, Gated Community - Guard, Sidewalks
  • Association Amenities: Gated, Security, Trail(s)
  • Association Fee: 53.83
  • Association Fee Frequency: Quarterly
  • Association Name: MAY MANAGEMENT
  • Phone: 386 446 0085
  • Association: Yes
  • Security: Gated Community
  • Association #2 Fee: 492
  • Association #2 Fee Frequency: Quarterly
  • Association: OCEAN HAMMOCK PROPERTY 386 OWNERS ASSOC
  • Association Phone #2: 386 446 0085
  • Association 2 YN: 1
  • Association Fee Requirement: Required
  • Development: Ocean Hammock

Fee Information

  • Total Annual Fees: 2183.32
  • Total Monthly Fees: 181.94
  • Monthly HOA Amount: 17.94

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-4900-00000-0040
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Cleared, Curb and Gutters, Interior Lot
  • Lot Dimensions: 70.02X163
  • Flood Zone Code: X
  • Lot Size Square Meters: 1082

Rental Info

  • Pets Allowed: Cats OK, Dogs OK

Tax Info

  • Tax Annual Amount: 2584
  • Tax Block: 67
  • Tax Book Number: 00000
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jul 24, 2024
Sold by
Licata Gregory
Bought by
Norton James Michael and Norton Kathleen Diane
Seller's Agent
EDMUND GIANCOLA
CINNAMON BEACH REALTY
Buyer's Agent
RENEE MOLITOR
HAMMOCK REAL ESTATE GROUP
List Price
$415,000
Sold Price
$404,000
Premium/Discount to List
-$11,000
-2.65%
Views
29
Current Estimated Value
$391,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,798
Avg. Annual Appreciation
-2.63%
Original Mortgage
$210,000
Outstanding Balance
$208,089
Interest Rate
8.38%
Mortgage Type
New Conventional
Estimated Equity
$183,113

Purchase Details

Closed on
Sep 15, 2004
Sold by
Tripp John W and Tripp Anne
Bought by
Licata Gregory

Purchase Details

Closed on
Apr 18, 2000
Sold by
Lowe Ocean Hammock Ltd
Bought by
Tripp John W and Tripp Anne
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 Buyer Sale Price Title Company
Norton James Michael $404,000 None Listed On Document
Licata Gregory $365,000 --
Tripp John W $224,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norton James Michael $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2024 08/05/24 Sold $404,000 -2.7% --
06/22/2024 06/22/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $415,000 -80.2% --
05/01/2018 05/01/18 Sold $2,100,000 -24.6% $311 / Sq Ft View Prior Sale
04/30/2018 04/30/18 Pending -- -- --
08/29/2016 08/29/16 For Sale $2,785,000 -- $412 / 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 $2,692 $286,500 $286,500 --
2023 $2,692 $175,450 $0 $0
2022 $2,507 $190,000 $190,000 $0
2021 $2,214 $145,000 $145,000 $0
2020 $2,624 $170,000 $170,000 $0
2019 $2,661 $170,000 $170,000 $0
2018 $2,567 $160,000 $160,000 $0
2017 $2,982 $185,000 $185,000 $0
2016 $2,991 $172,365 $0 $0
2015 $3,027 $156,695 $0 $0
2014 $2,962 $215,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC300488

Stellar MLS

APN: 04-11-31-4900-00000-0040