NOT LISTED FOR SALE

78 Ocean Oaks Ln Palm Coast, FL 32137

Estimated Value: $379,392 - $448,000

1 Acre
$413,696 Price per Acre
43,560 Sq Ft Lot

Last Sold April 10, 2023

Last sale price $387,500

Est. 7% increase in value since last sale

Current estimated payment $2,512/month

239 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Wooded Lot
  • Old Kings Elementary School Rated A-
  • 1 Acre Lot
  • Cul-De-Sac

About This Lot

As of April 2023

Unobstructed Ocean Views from every room on the 2nd & 3rd floor. This rare oversized lot is ready for your dream home! The possibilities are endless with this over 1/2 Acre Estate lot. The Northshore community offers 24-hour guard gated security, and easy access to The Club at Hammock Beach, without all the hustle and bustle of the living on the Resort property. Optional club membership allows for golf at the Jack Nicklaus Signature Ocean Course, and world-class resort amenities including multi-level swimming pavilion with waterslide and lazy river, state of the art fitness center, relaxing spa, newly renovated restaurants and sushi bar, social events and more. Build your estate home close to the beach- properties this size so close to the ocean are extremely rare. Secure this piece of paradise today before it's too late!

Last Agent to Sell the Property

Shelley DeVito

HAMMOCK REAL ESTATE GROUP License #3400208 Listed on: 06/28/2022

Last Buyer's Agent

Shelley DeVito

HAMMOCK REAL ESTATE GROUP License #3400208 Listed on: 06/28/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,291

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Property fronts gulf or ocean
  • Cul-De-Sac
  • West Facing Home
  • Level Lot
  • Irregular Lot
  • Wooded Lot
  • Property is zoned PUD PUD,SINGLE FAMILY

HOA Fees

  • $40 Monthly HOA Fees

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3602-00000-0230
  • $38 per year additional tax assessments

Community Details

Overview

  • Ocean Hammock Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision
  • The community has rules related to building or community restrictions

Recreation

  • Trails

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,291

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Type: Land
  • Directions to Property: Take N. Ocean Shore Blvd. past the Hammock Bridge to 16th St. just past Publix and Northshore Entrance to guard gate. Ocean Oaks Lane
  • Status: Sold
  • Escrow Street Name: TBD
  • List Office Head Office Key Nume: 579203043
  • Total Acreage: 1/2 to less than 1
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 78
  • Room Count: 0

Exterior Features

  • Direction Faces: West
  • View: Water
  • Road Surface Type: Paved
  • Water View YN: 1

Utilities

  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Special Community Restrictions
  • Association Amenities: Gated, Security, Trail(s)
  • Association Fee: 475
  • Association Name: Ocean Hammock
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name Nccb: OCEAN HAMMOCK
  • Development: Ocean Hammock

Fee Information

  • Total Annual Fees: 475.00
  • Total Monthly Fees: 39.58

Lot Info

  • Zoning: PUD PUD,SINGLE FAMILY
  • Parcel Number: 04-11-31-3602-00000-0230
  • Current Use: Other
  • Lot Features: Cul-De-Sac, Irregular Lot, Level, Other, Wooded

Tax Info

  • Tax Annual Amount: 3291
  • Tax Other Annual Assessment Amount: 38

Multi Family

  • Waterfront Features: Gulf/Ocean, Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Apr 10, 2023
Sold by
Bearden John and Bearden Gloria
Bought by
Kornacki Jennifer
Seller's Agent
Shelley DeVito
HAMMOCK REAL ESTATE GROUP
Buyer's Agent
Shelley DeVito
HAMMOCK REAL ESTATE GROUP
List Price
$478,999
Sold Price
$387,500
Premium/Discount to List
-$91,499
-19.1%
Views
33
Current Estimated Value
$413,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,196
Avg. Annual Appreciation
9.94%
Original Mortgage
$310,000
Outstanding Balance
$305,106
Interest Rate
8.5%
Mortgage Type
New Conventional
Estimated Equity
$185,021

Purchase Details

Closed on
Sep 15, 2021
Sold by
Mcfarland R P
Bought by
Bearden John and Bearden Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2013
Sold by
Cossetti Joseph A and Cossetti Kelly Ann
Bought by
Mcfarland R P

Purchase Details

Closed on
Jun 17, 2011
Sold by
Wilson John R and Wilson Christine A
Bought by
Cossetti Joseph A and Cossetti Kellyann

Purchase Details

Closed on
Jul 31, 2002
Sold by
Northshore Ocean Hammock Inv Ltd L L L P
Bought by
Wilson John R and Wilson Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,900
Interest Rate
6.62%
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
Kornacki Jennifer $387,500 Title Chain
Bearden John $360,000 Professional Closing Inc
Mcfarland R P $172,500 None Available
Cossetti Joseph A $125,000 Title Chain Inc
Wilson John R $270,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kornacki Jennifer $310,000
Previous Owner Bearden John $234,000
Previous Owner Wilson John R $175,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $387,500 -3.1% --
02/22/2023 02/22/23 Pending -- -- --
01/15/2023 01/15/23 Price Changed $399,999 -16.5% --
06/28/2022 06/28/22 For Sale $478,999 -- --
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 $3,330 $315,480 $315,480 --
2023 $3,330 $225,665 $225,665 $0
2022 $3,292 $225,665 $225,665 $0
2021 $3,269 $215,985 $215,985 $0
2020 $3,162 $205,700 $205,700 $0
2019 $3,534 $261,800 $261,800 $0
2018 $2,956 $184,800 $184,800 $0
2017 $2,899 $184,800 $184,800 $0
2016 $2,807 $160,083 $0 $0
2015 $2,422 $145,530 $0 $0
2014 $2,358 $138,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC280164

Stellar MLS

APN: 04-11-31-3602-00000-0230