$355,000
SOLD AUG 28, 2013

700 Cinnamon Beach Way Unit 634 Palm Coast, FL 32137

3 Beds
2 Baths
1,684 Sq Ft
0.3 Acres

Recently Sold

$211 Per Sq Ft

3% Below List Price

388 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Gated Community
  • Community Pool
  • Old Kings Elementary School Rated A-
  • Solid Surface Countertops
  • Balcony

About This Home

As of April 2020

Short Sale; Lender Approval Required. Picturesque ocean front condominium located in the heart of Ocean Hammock. This is the only floor plan in the community that allows access to the balcony from the main living area as well as the sliding glass doors from the Master Bedroom. Third floor location offers breathtaking view of the Atlantic Ocean, soothing ocean breezes and sounds of waves crashing to fall asleep. This condominium is currently in a short term vacation rental program and generates good rental income. Located just steps to beach walkover and a short walk to all the Cinnamon Beach amenities. . . family pool with kids splash zone, exercise, game room and sandwich shop or choose the tranquility of the Oceanside Pool.

Last Agent to Sell the Property

Karla Goodman

TRADEMARK REALTY GROUP LLC License #3096497 Listed on: 07/28/2012

TRADEMARK REALTY GROUP LLC

Last Buyer's Agent

Karla Goodman

TRADEMARK REALTY GROUP LLC License #3096497 Listed on: 07/28/2012

TRADEMARK REALTY GROUP LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 2004

Lot Details

  • Property fronts gulf or ocean
  • Irrigation Equipment

Home Design

  • Split Level Home
  • Planned Development
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,684 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Water Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Security Gate

Parking

  • Driveway
  • On-Street Parking
  • Parking Garage Space

Eco-Friendly Details

  • Ventilation

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0634

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-hour guard, insurance, ground maintenance, pest control, trash
  • Cinnamon Beach Association
  • Ohpoa Association
  • Handicap Modified Features In Community

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,500

Year Built

Built in 2004

Lot Details

0

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Insurance, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Living Area: 1684
  • Year Built: 2004
  • Directions to Property: East over the Hammock Dunes Toll Bridge. Go thru 2 stop signs. Turn right onto Hotel Trace Boulevard into the community of Ocean Hammock.
  • Status: Sold
  • Floor Number: 3
  • Homestead Y N: No
  • Property Manager: Leland Management
  • Property Manager Phone: 386-439-0407
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.93668
  • Price per Sq Ft: 210.81
  • Close to Original List Price Ratio: 0.9726
  • View: No
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Other Equipment: Irrigation Equipment
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 700
  • Room Count: 1

Exterior Features

  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Parking Features: Driveway, On Street, 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: Laundry Closet
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Gated, Handicap Modified, Pool
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Gate, Security Lights
  • Senior Community: No
  • Association: OHPOA
  • Association Phone #2: .

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0634
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Indoor Air Qlty: Ventilation

Rental Info

  • Minimum Lease: No Minimum

Tax Info

  • Tax Annual Amount: 4500

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2019
Closed on
Apr 28, 2020
Sold by
Cotto Vicki L and Vicki L Cotto Revocable Living
Bought by
Griswold William W and Griswold Lee P
Seller's Agent
Karla Goodman
TRADEMARK REALTY GROUP LLC
Buyer's Agent
Mary Goss-Crowson
WATSON REALTY CORP
List Price
$489,950
Sold Price
$453,500
Premium/Discount to List
-$36,450
-7.44%
Current Estimated Value
$806,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,043
Avg. Annual Appreciation
11.57%

Purchase Details

Closed on
Mar 13, 2014
Sold by
Cotto Vicki L
Bought by
Cotto Vicki L and Vicki L Cotto Revocable Living

Purchase Details

Listed on
Jul 28, 2012
Closed on
Aug 28, 2013
Sold by
Smith Melissa and Smith Benson
Bought by
Cotto Vicki L
Seller's Agent
Karla Goodman
TRADEMARK REALTY GROUP LLC
Buyer's Agent
Karla Goodman
TRADEMARK REALTY GROUP LLC
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$266,250
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2004
Sold by
Centex Homes
Bought by
Smith Benson and Smith Melissa
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
Warranty Deed $453,500 America S Choice Title Co
Interfamily Deed Transfer -- Attorney
Warranty Deed $355,000 Covenant Closing & Title Ser
Condominium Deed $532,300 Commerce Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $266,250 New Conventional
Previous Owner $500,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $453,500 -7.4% $270 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
07/01/2019 07/01/19 For Sale $489,950 +38.0% $291 / Sq Ft
08/28/2013 08/28/13 Sold $355,000 -2.7% $211 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
07/27/2012 07/27/12 For Sale $365,000 -- $217 / 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 $8,171 $709,380 -- $709,380
2023 $8,171 $476,861 $0 $0
2022 $7,163 $591,150 $0 $591,150
2021 $5,915 $394,100 $0 $394,100
2020 $6,004 $394,100 $0 $394,100
2019 $6,092 $394,100 $0 $394,100
2018 $5,953 $376,000 $0 $376,000
2017 $5,894 $369,400 $0 $0
2016 $6,014 $369,400 $0 $0
2015 $5,788 $352,100 $0 $0
2014 $5,898 $352,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC190155

Stellar MLS

APN: 04-11-31-3513-00000-0634