NOT LISTED FOR SALE

75 Ocean Crest Way Unit 732 Palm Coast, FL 32137

Estimated Value: $659,000 - $790,000

3 Beds
2.5 Baths
1,859 Sq Ft
$706/mo HOA Fee

Last Sold May 22, 2020

Last sale price $422,000 $227 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,753/month

41 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • End Unit
  • Old Kings Elementary School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of May 2020

Relax and enjoy the evenings from your balcony with water views from this 3 bedroom 2.5 bath Hammock Beach Penthouse Villa. Accompanied with an oversized 2 car garage, this opportunity is sure to not last long! Large open floor plan does not disappoint, with site lines from the kitchen through to the balcony and beyond. With the Master suite and private bath set apart from the guest rooms, each guest room has private access to a shared full bath. This property affords you the ability to enjoy the beach just a short walk from your doorstep. You may also live the luxury resort lifestyle with a membership to the prestigious Hammock Beach Club. Your membership provides exclusive access to a wide variety of members only amenities such as a private beach access, several pools, a state of the art fitness center and numerous restaurants just to name a few. Schedule your showing today!

Last Agent to Sell the Property

Brittany Licari

REALTY EXCHANGE, LLC License #3295423 Listed on: 12/28/2019

REALTY EXCHANGE, LLC

Last Buyer's Agent

Peggy Krantz

VENTURE DEVELOPMENT REALTY,INC License #3338434

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,469

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • End Unit
  • Southeast Facing Home

HOA Fees

  • $706 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,859 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Water Views
  • Security Gate
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Balcony

Utilities

  • No Cooling
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3605-00070-073
  • $59 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, ground maintenance, trash
  • Hammock Beach Villas Association
  • Hammock Beach Condos
  • Built by Centex
  • Hammock Beach Subdivision

Additional Features

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,469

Year Built

Built in 2005

Lot Details

0

HOA Fees

$706 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Living Area: 1859
  • Lot Size Acres: 0.04
  • Year Built: 2005
  • Lot Size Sq Ft: 1859
  • Status: Sold
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Property Manager: Aegis Community Management Sol
  • Property Description: Corner Unit
  • Property Manager Phone: 386 597-2840
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.86299
  • Price per Sq Ft: 227
  • Close to Original List Price Ratio: 0.86299
  • View: Yes
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Elevator, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Total Bedrooms: 3
  • Stories: 3
  • Window Features: Blinds
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Balcony
  • Roof: Tile
  • View: Water
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Heat Pump
  • Laundry Features: Inside
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Gated
  • Association Fee: 706
  • Association Fee Frequency: Monthly
  • Association Name: Hammock Beach Villas
  • Association: Yes
  • Security: Security Gate
  • Senior Community: No
  • Complex Community Name NCCB: HAMMOCK BEACH

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3605-00070-073
  • Price Per Acre: 10550000
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Centex

Tax Info

  • Tax Annual Amount: 4469.1
  • Tax Other Annual Assessment Amount: 59

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2019
Closed on
May 22, 2020
Sold by
Lanzetta Paul
Bought by
Head Burton W and Head Linda E
Seller's Agent
Brittany Licari
REALTY EXCHANGE, LLC
Buyer's Agent
Peggy Krantz
VENTURE DEVELOPMENT REALTY,INC
List Price
$489,000
Sold Price
$422,000
Premium/Discount to List
-$67,000
-13.7%
Current Estimated Value
$717,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,842
Avg. Annual Appreciation
10.26%
Original Mortgage
$250,000
Outstanding Balance
$221,535
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$496,307

Purchase Details

Closed on
Mar 30, 2005
Sold by
Centex Homes
Bought by
Lanzetta Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Head Burton W $422,000 Americas Choice Title Co
Lanzetta Paul $555,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Head Burton W $250,000
Previous Owner Lanzetta Paul $359,000
Closed Lanzetta Paul $112,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $422,000 -13.7% $227 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
12/28/2019 12/28/19 For Sale $489,000 -- $263 / 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 $3,485 $285,362 -- --
2023 $3,485 $277,050 $0 $0
2022 $3,334 $268,981 $0 $0
2021 $3,343 $261,147 $0 $0
2020 $4,698 $307,500 $0 $307,500
2019 $4,469 $288,100 $0 $288,100
2018 $4,241 $266,800 $0 $266,800
2017 $4,073 $254,100 $0 $0
2016 $4,295 $262,900 $0 $0
2015 $4,242 $262,900 $0 $0
2014 $3,869 $229,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC253730

Stellar MLS

APN: 04-11-31-3605-00070-0732