NOT LISTED FOR SALE

700 Cinnamon Beach Way Unit 662 Palm Coast, FL 32137

Estimated Value: $823,000 - $924,000

3 Beds
2 Baths
1,684 Sq Ft
$272/mo HOA Fee

Last Sold July 27, 2015

Last sale price $450,000 $267 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,866/month

565 Days on Market

Highlights

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

About This Home

As of July 2015

OUTSTANDING OPPORTUNITY. Incredible penthouse unit at Cinnamon Beach with exceptional views of the north and south beach coastline. Ocean views are breath taking with the morning sun rising in the east. The walkway to the beach is next to the building and a large grass courtyard sits directly below which is perfect for throwing a frisbee or flying a kite. You are a short walk to the community pools and fitness and game areas. This unit is being offered fully furnished. Call today to view this exceptional opportunity.

Last Agent to Sell the Property

LAURENT ALVES

HAMMOCK REAL ESTATE GROUP License #3102187 Listed on: 12/11/2013

Co-Listed By

ROBERT WITTY

License #670684

Last Buyer's Agent

Debbie Da Silva

BERKSHIRE HATHAWAY HOMESERVICE License #3015590

BERKSHIRE HATHAWAY HOMESERVICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,660

Lot Details

  • Property fronts gulf or ocean
  • West Facing Home

HOA Fees

Parking

  • Parking Garage Space

Home Design

  • Contemporary Architecture
  • Planned Development
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

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

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0662
  • $77 per year additional tax assessments

Community Details

Overview

  • Association fees include ground maintenance, trash
  • Cinnamon Beach Association
  • Ohpoa Association, Phone Number (386) 446-0085
  • Ocean Hammock Condos
  • Built by Centex
  • Ocean Hammock Subdivision

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Sauna
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,660

Lot Details

0

HOA Fees

$272 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Living Area: 1684
  • Directions to Property: Hammock Dunes Parkway to Ocean Hammock Gate. After entering gate go left to Cinnamon Beach gate.Go to stop sign then left to CB condo buildings. Condo building is 700 on ocean.
  • Status: Sold
  • Floor Number: 6
  • Homestead Y N: No
  • Property Manager: May management
  • Property Manager Phone: 904-461-9708
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.92025
  • Price per Sq Ft: 267.22
  • Close to Original List Price Ratio: 0.93946
  • 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: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Total Bedrooms: 3
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 700
  • Room Count: 1

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • Waterfront: Yes
  • 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, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Fitness Center, Gated, Pool, Sauna
  • Association Fee: 440
  • Association Fee Frequency: Quarterly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Gate, Security System
  • Senior Community: No
  • Management: Professional On Site
  • Complex Community Name NCCB: OCEAN HAMMOCK
  • Association #2 Fee: 375
  • Association: OHPOA
  • Association Phone #2: 386-446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0662
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Centex

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Allowed over 100 lbs

Tax Info

  • Tax Annual Amount: 5660.46
  • Tax Other Annual Assessment Amount: 77

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2013
Closed on
Jul 27, 2015
Sold by
Fortune 5 Llc
Bought by
Fatras Franck and Fatras Paula
Seller's Agent
LAURENT ALVES
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Debbie Da Silva
BERKSHIRE HATHAWAY HOMESERVICE
List Price
$479,000
Sold Price
$450,000
Premium/Discount to List
-$29,000
-6.05%
Current Estimated Value
$873,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,627
Avg. Annual Appreciation
6.91%
Original Mortgage
$417,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2004
Sold by
Centex Homes
Bought by
Richardson James S and Richardson Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,320
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
Odonnell Michael and Odonnell Lorraine
Bought by
Fortune 5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,320
Interest Rate
6.22%
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
Fatras Franck $450,000 Title Chain Inc
Richardson James S $527,900 --
Fortune 5 Llc $725,000 --
Odonnell Michael $649,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fatras Franck $387,667
Closed Fatras Franck $417,000
Previous Owner Richardson James S $422,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2015 07/27/15 Sold $450,000 -6.1% $267 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
12/11/2013 12/11/13 For Sale $479,000 -- $284 / 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 $8,957 $778,500 -- $778,500
2023 $8,957 $523,325 $0 $0
2022 $7,857 $648,750 $0 $648,750
2021 $6,486 $432,500 $0 $432,500
2020 $6,584 $432,500 $0 $432,500
2019 $6,679 $432,500 $0 $432,500
2018 $6,527 $412,600 $0 $412,600
2017 $6,463 $405,400 $0 $0
2016 $6,595 $405,400 $0 $0
2015 $6,347 $386,400 $0 $0
2014 $6,310 $386,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LAURENT ALVES

    Seller's Agent in 2015

    LAURENT ALVES

    HAMMOCK REAL ESTATE GROUP

    (386) 931-5085

    56 in this area

    67 Total Sales

    LAURENT ALVES
    Section Image

  • R

    Seller Co-Listing Agent in 2015

    ROBERT WITTY

  • Debbie Da Silva

    Buyer's Agent in 2015

    Debbie Da Silva

    BERKSHIRE HATHAWAY HOMESERVICE

    (904) 823-5777

    9 in this area

    146 Total Sales

    Debbie Da Silva
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: FC200866

Stellar MLS

APN: 04-11-31-3513-00000-0662

Florida Flagler County Palm Coast 32137

700 Cinnamon Beach Way Unit 662, Palm Coast, FL

This home is located at 700 Cinnamon Beach Way Unit 662, Palm Coast, FL 32137 since 11 December 2013 and is currently estimated at $873,627, approximately $518 per square foot. 700 Cinnamon Beach Way Unit 662 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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