NOT LISTED FOR SALE

700 Cinnamon Beach Way Unit 622 Palm Coast, FL 32137

Estimated Value: $762,000 - $846,000

3 Beds
2 Baths
1,682 Sq Ft
$440/mo HOA Fee

Last Sold April 24, 2015

Last sale price $311,000 $185 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $5,515/month

184 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Balcony
  • Tile Flooring
  • Old Kings Elementary School Rated A-
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of April 2015

Gorgeous views with this 3 bedroom 2 bath condo. This condo has views of the ocean in the master bedroom living room dinning room and kitchen. Kitchen is upgraded with solid counter tops, tile floors, stainless steel appliances. Master bathroom has a garden tub and walk in shower. Enjoy all the amenities of Cinnamon Beach resort that includes clubhouse, club pool, common ground maintenance, exercise room. Bring the offers this wont last long.

Last Agent to Sell the Property

BARBARA JOHANSON

WATSON REALTY CORP (JACK) License #3205827 Listed on: 10/16/2014

WATSON REALTY CORP (JACK)

Last Buyer's Agent

Dave Franklin

COASTAL GATEWAY REAL ESTATE GR License #3018235

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,580

Year Built

  • Built in 2004

Lot Details

  • 0.3

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • Parking Garage Space

Home Design

  • Fixer Upper
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,682 Sq Ft Home
  • 3-Story Property
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer

Additional Features

  • Balcony
  • Property fronts gulf or ocean
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0622
  • $77 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard
  • Cinnamon Beach Association
  • The community has rules related to deed restrictions

Pet Policy

  • No Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,580

Year Built

Built in 2004

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard
  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Living Area: 1682
  • Year Built: 2004
  • Directions to Property: A1A to east on 16th St E, Right on Hammock Dunes Parkway, Left onto Hotel Trace Blvd, Left on Ocean Way blvd, Left on Cinnamon Beach Way
  • Status: Sold
  • Floor Number: 3
  • Homestead Y N: No
  • Property Manager: May Management
  • Property Manager Phone: 386-446-0085
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.9584
  • Price per Sq Ft: 184.9
  • Close to Original List Price Ratio: 0.73436
  • View: No
  • Tax Year: 2013
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Elevator, Other
  • Appliances Included: Dishwasher, Microwave, Range, Washer
  • Total Bedrooms: 3
  • Stories: 3
  • Street Number Modifier: 700
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Other
  • Roof: Shingle
  • Waterfront: Yes
  • Road Surface Type: Concrete
  • Water View Y N: Yes

Garage/Parking

  • Parking Features: Under Building
  • Open Parking: No

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Other
  • Association Fee: 440
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Senior Community: No

Lot Info

  • Zoning: R-1
  • Parcel Number: 04-11-31-3513-00000-0622
  • Lot Features: Other
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Pet Restrictions: No Pets

Tax Info

  • Tax Annual Amount: 5580.17
  • Tax Other Annual Assessment Amount: 77

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2014
Closed on
Feb 28, 2015
Sold by
U S Bank National Association
Bought by
Jordan Thomas J and Jordan Jessica M
Seller's Agent
BARBARA JOHANSON
WATSON REALTY CORP (JACK)
Buyer's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
List Price
$423,500
Sold Price
$311,000
Premium/Discount to List
-$112,500
-26.56%
Current Estimated Value
$793,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,687
Avg. Annual Appreciation
9.63%
Original Mortgage
$248,800
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 17, 2014
Sold by
Larsen Todd and Case #2009-Ca-002890
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 10, 2006
Sold by
Larsen Todd and Larsen Cynthia L
Bought by
P & L Oceanside Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 29, 2006
Sold by
P & L Oceanside Investments Llc
Bought by
Larsen Todd and Larsen Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 20, 2004
Sold by
Pinneke Bradley B and Pinneke Kimberly C
Bought by
P & L Oceanside Investments Llc

Purchase Details

Closed on
Jun 10, 2004
Sold by
Brinkman Andrea L
Bought by
Pinneke Bradley B and Pinneke Kimberly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
2.25%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Jordan Thomas J $311,000 First International Title
U S Bank National Association -- None Available
P & L Oceanside Investments Llc -- Westcor Land Title Ins Co
Larsen Todd -- Multiple
P & L Oceanside Investments Llc -- --
Pinneke Bradley B $645,000 --
Brinkman Andrea L $498,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jordan Thomas J $248,800
Previous Owner Larsen Todd $120,000
Previous Owner Larsen Todd $599,650
Previous Owner Pinneke Bradley B $516,000
Closed Pinneke Bradley B $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold $311,000 -26.6% $185 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
10/15/2014 10/15/14 For Sale $423,500 -- $252 / 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 $8,036 $697,500 -- $697,500
2023 $8,036 $468,875 $0 $0
2022 $7,043 $581,250 $0 $581,250
2021 $5,817 $387,500 $0 $387,500
2020 $5,905 $387,500 $0 $387,500
2019 $5,991 $387,500 $0 $387,500
2018 $5,850 $369,400 $0 $369,400
2017 $5,790 $362,800 $0 $0
2016 $5,908 $362,800 $0 $0
2015 $5,680 $345,500 $0 $0
2014 $5,639 $345,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    BARBARA JOHANSON

    WATSON REALTY CORP (JACK)

    (386) 503-4940

    33 in this area

    36 Total Sales

    BARBARA JOHANSON
    Section Image
  • Dave Franklin

    Buyer's Agent in 2015

    Dave Franklin

    COASTAL GATEWAY REAL ESTATE GR

    (386) 569-8518

    17 in this area

    17 Total Sales

    Dave Franklin
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: FC207960

Stellar MLS

APN: 04-11-31-3513-00000-0622

Florida Flagler County Palm Coast 32137

700 Cinnamon Beach Way Unit 622, Palm Coast, FL

This home is located at 700 Cinnamon Beach Way Unit 622, Palm Coast, FL 32137 since 16 October 2014 and is currently estimated at $793,687, approximately $471 per square foot. This property was built in 2004. 700 Cinnamon Beach Way Unit 622 is a home located in Flagler County with nearby schools including Old Kings Elementary School, Indian Trails Middle School, and Matanzas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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