NOT LISTED FOR SALE

700 Cinnamon Beach Way Unit 631 Palm Coast, FL 32137

Estimated Value: $829,000 - $912,694

3 Beds
3 Baths
2,003 Sq Ft
$2,092/mo HOA Fee

Last Sold September 18, 2015

Last sale price $482,000 $241 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,588/month

336 Days on Market

Highlights

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

About This Home

As of September 2015

Take a tour to see the oceanfront views from this great 3rd floor corner, direct oceanfront condo at Cinnamon Beach. Beach design with tile throughout condo for low maintenance. Expansive patio, with upgraded tile, to enjoy the incredible views. You and the family will enjoy the on-site community amenities: The two large pools, one on the ocean up on a bluff to see the ocean while sunning on the pool deck, and the lakeside kid-friendly pool with splash zone, and zero entry area. There are also games rooms, an exercise room and a restaurant open during season. Your rental guests have access to all of this (condo is rental ready), so take a tour and see this wonderful condo.

Last Agent to Sell the Property

Dave Franklin

COASTAL GATEWAY REAL ESTATE GR License #3018235 Listed on: 08/28/2014

Co-Listed By

Carlene Reardon

COASTAL GATEWAY REAL ESTATE GR License #3109455

Last Buyer's Agent

Karla Goodman

TRADEMARK REALTY GROUP LLC License #3096497

TRADEMARK REALTY GROUP LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,929

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
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Security Gate

Outdoor Features

  • Open Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0631
  • $77 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, ground maintenance
  • Cinnamon Beach Association
  • May Management Association, Phone Number (386) 446-0085
  • Ocean Hammock Condos
  • Built by Centex
  • Ocean Hammock Subdivision, A End Unit Floorplan

Amenities

  • Sauna
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,929

Year Built

Built in 2004

Lot Details

0

HOA Fees

$2,092 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: HD Parkway to Cinnamon Beach/Ocean Hammock Gate - go to stop sign after access and turn left to go to CB; condo on ocean to the left.
  • Status: Sold
  • Floor Number: 3
  • Homestead Y N: No
  • Property Manager: May Management
  • Property Description: Corner Unit
  • Property Manager Phone: 386-446-0085
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.97393
  • Price per Sq Ft: 240.64
  • Close to Original List Price Ratio: 0.97393
  • View: No
  • Co List Office Mls Id: 256500522
  • Co List Office Phone: 386-246-5700
  • Tax Year: 2013
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Elevator, Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 700
  • Room Count: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting
  • Roof: Tile
  • Waterfront: Yes
  • Patio and Porch Features: Open Patio
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Parking Features: Other, Under Building
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities, 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: 592
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Gate, Security Lights
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK
  • Association #2 Fee: 1500
  • Association: May Management
  • Association Phone #2: 386-446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0631
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Centex

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Week
  • Pet Restrictions: Allowed 50-100 lbs

Tax Info

  • Tax Annual Amount: 5929
  • Tax Other Annual Assessment Amount: 77

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2017
Sold by
Fitzpatrick Johnson Robert Derek and Fitzpatrick Johnson Ashley
Bought by
Ajrh Properties Llc
Current Estimated Value
$881,424

Purchase Details

Listed on
Aug 28, 2014
Closed on
Sep 16, 2015
Sold by
Gordon Daniel and Gordon Carol T
Bought by
Fitzpatrick Johnson Robert Derek and Fitzpatrick Johnson Ashley
Seller's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Karla Goodman
TRADEMARK REALTY GROUP LLC
List Price
$494,900
Sold Price
$482,000
Premium/Discount to List
-$12,900
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$337,400
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2009
Sold by
Albachiara Anthony G and Albachiara Marguerile J
Bought by
Gordon Duniel S and Gordon Carol T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
Centex Homes
Bought by
Albachiara Anthony G and Albachiara Marguerite J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,800
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ajrh Properties Llc -- None Available
Fitzpatrick Johnson Robert Derek $482,000 None Available
Gordon Duniel S $540,000 Suncoast Title Insurance Age
Albachiara Anthony G $616,100 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fitzpatrick Johnson Robert Derek $337,400
Previous Owner Gordon Duniel S $378,000
Previous Owner Albachiara Anthony G $250,000
Previous Owner Albachiara Anthony G $492,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $482,000 -2.6% $241 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
08/28/2014 08/28/14 For Sale $494,900 -- $247 / 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 $8,771 $762,120 -- $762,120
2023 $8,771 $512,314 $0 $0
2022 $7,693 $635,100 $0 $635,100
2021 $6,350 $423,400 $0 $423,400
2020 $6,446 $423,400 $0 $423,400
2019 $6,540 $423,400 $0 $423,400
2018 $6,392 $404,000 $0 $404,000
2017 $6,998 $439,300 $0 $0
2016 $7,143 $439,300 $0 $0
2015 $6,875 $418,800 $0 $0
2014 $6,824 $418,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC206835

Stellar MLS

APN: 04-11-31-3513-00000-0631