NOT LISTED FOR SALE

700 Cinnamon Beach Way Unit 655 Palm Coast, FL 32137

Estimated Value: $917,000 - $1,009,000

3 Beds
3 Baths
2,003 Sq Ft
$517/mo HOA Fee

Last Sold May 24, 2021

Last sale price $720,000 $359 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,803/month

7 Days on Market

Highlights

  • Ocean Front
  • Golf Course Community
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Heated In Ground Pool
  • Balcony

About This Home

As of May 2021

This direct oceanfront condo is a rare find in th desirable resort community of Cinnamon Beach. This 3 bedroom 3 full bath with a large private patio offers granite countertops, 42 inch cabinets, crown molding, eat in kitchen, full laundry room and fabulous views of the Atlantic Ocean. The Cinnamon Beach community offers an oceanfront lap pool, family pool, fitness center, game rooms and seasonal poolside cafe. Palm Coast/Flagler county is known for it's quiet pristine beaches. The unit is just a short walk to the beach walk over. Located just 10 minutes to Flagler Beach, 60 minutes south of Jacksonville 90 minutes to Orlando and all the Disney attractions.
Special Remarks: Three community fees. Condo fee $517/month included water, cable, internet, trash outside building insurance and pest control. Ocean Hammock Master Assoc $460/Quarter includes security gate and common grounds. Cinnamon Beach Recreation Assoc $422/Quarter covers 2 pools , fitness center, game room, cafe/clubhouse.

Last Agent to Sell the Property

Traci Yeager

Realty Executives Oceanside License #3148503 Listed on: 03/26/2021

Last Buyer's Agent

Traci Gura

Berkshire HathawayHS Fortune Grp Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,956

Year Built

  • Built in 2004

Lot Details

  • 0.3

HOA Fees

  • $517 Monthly HOA Fees

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Interior Spaces

  • 2,003 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Secured Garage or Parking
  • Additional Parking

Outdoor Features

  • Balcony
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Community Sewer or Septic
  • Internet Available
  • Cable TV Available

Additional Features

  • Accessible Common Area
  • Non-Toxic Pest Control
  • In Ground Spa
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0655

Community Details

Overview

  • Association fees include cable TV, insurance, internet, ground maintenance, pest control, security, sewer, trash, water
  • Ocean Hammock Subdivision
  • On-Site Maintenance

Recreation

  • Golf Course Community
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Security
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,956

Year Built

Built in 2004

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Subdivision Name: Ocean Hammock
  • Directions: Hammock Dunes Parkway to Hotel Trace Blvd
  • Carport Y N: No
  • Unit Levels: Three Or More
  • Year Built: 2004
  • Reso Property Type: Residential
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roof:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Homestead YN: No
  • Location Tax and Legal:Parcel Number: 04-11-31-3513-00000-0655
  • Location Tax and Legal:Tax Annual Amount: 6956.0
  • Location Tax and Legal:Tax Year: 2020
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Levels Three Or More: Yes
  • Pool Features In Ground2: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • ViewOcean: Yes
  • Pets Allowed:Yes: Yes
  • Security Features:Fire Sprinkler System: Yes
  • Pool Features Heated2: Yes
  • Spa Features In Ground: Yes
  • Special Features: VirtualTour

Interior Features

  • Spa Features: In Ground
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Accessibility Features: Common Area
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Elevator
  • Living Area: 2003.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Pool Features: In Ground, Heated
  • View: Ocean
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Rear Porch
  • Roof: Tile
  • Accessibility Features:Common Area: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Covered, Secured
  • Parking Features:Secured: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Covered: Yes

Utilities

  • Laundry Features: In Unit
  • Security: Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Golf Course
  • Association Fee: 517.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 517.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Cable TV2: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Internet: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Other4: Yes
  • Association Fee Includes:Security2: Yes
  • Association Amenities:Golf Course: Yes

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Internet, Maintenance Grounds, Pest Control, Security, Sewer, Trash, Water, Other

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 04-11-31-3513-00000-0655
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6956.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 19, 2021
Sold by
Luongo Adrienne L
Bought by
Reside Properties Llc
Seller's Agent
Traci Yeager
Realty Executives Oceanside
Buyer's Agent
Traci Gura
Berkshire HathawayHS Fortune Grp Properties
List Price
$720,000
Sold Price
$720,000
Current Estimated Value
$963,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,980
Avg. Annual Appreciation
7.38%
Original Mortgage
$556,800
Outstanding Balance
$474,230
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$489,750

Purchase Details

Closed on
Aug 10, 2007
Sold by
Fobben Edward and Fobben Eleanor
Bought by
Luongo Adrienne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2004
Sold by
Centex Homes
Bought by
Fobben Edward and Fobben Eleanor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,930
Interest Rate
3.12%
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
Reside Properties Llc $720,000 Covenant Closing & Ttl Svcs
Luongo Adrienne L $780,000 Attorney
Fobben Edward $682,200 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reside Properties Llc $556,800
Previous Owner Luongo Adrienne L $560,000
Previous Owner Fobben Edward $475,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $720,000 0.0% $359 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $720,000 -- $359 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

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 $11,246 $822,960 -- $822,960
2023 $11,246 $754,380 $0 $0
2022 $9,926 $685,800 $0 $685,800
2021 $6,853 $457,200 $0 $457,200
2020 $6,956 $457,200 $0 $457,200
2019 $7,057 $457,200 $0 $457,200
2018 $6,891 $435,800 $0 $435,800
2017 $7,558 $474,700 $0 $0
2016 $7,714 $474,700 $0 $0
2015 $7,417 $452,100 $0 $0
2014 $7,358 $452,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Traci Yeager

    Realty Executives Oceanside

  • T

    Buyer's Agent in 2021

    Traci Gura

    Berkshire HathawayHS Fortune Grp Properties

See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1081973

Daytona Beach Area Association of REALTORS®

APN: 04-11-31-3513-00000-0655

Florida Flagler County Palm Coast 32137

700 Cinnamon Beach Way Unit 655, Palm Coast, FL

This home is located at 700 Cinnamon Beach Way Unit 655, Palm Coast, FL 32137 since 26 March 2021 and is currently estimated at $963,980, approximately $481 per square foot. This property was built in 2004. 700 Cinnamon Beach Way Unit 655 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.

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