NOT LISTED FOR SALE

8 Cypresswood Dr Palm Coast, FL 32137

Estimated Value: $259,000

0.22 Acre
$1,177,273 Price per Acre
9,577 Sq Ft Lot

Last Sold May 11, 2016

Last sale price $97,500 $10 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,570/month

85 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Trails
  • Old Kings Elementary School Rated A-
  • Security Service
  • Heating Available

About This Lot

As of May 2016

Don't miss this beautiful LAKEFRONT homesite in the gated golf course community of Ocean Hammock!! Amenities available include golf course along the Atlantic Ocean, private community beach access, gated entry, clubhouse, pool, and SO MUCH MORE! Membership to community amenities as well as amenities at Hammock Beach Club are exclusive to property owners and require separate fees. No time limits to build, and no preferred builders, so the choice is yours! Grab your chance to live the Florida Lifestyle before it's gone!!

Last Agent to Sell the Property

Eugene Monkevitch

EVEREST REALTY LLC License #3570674 Listed on: 01/22/2016

Last Buyer's Agent

Karla Goodman

TRADEMARK REALTY GROUP LLC License #3096497

TRADEMARK REALTY GROUP LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,636

Lot Details

  • 9,577 Sq Ft Lot
  • Lake Front
  • Northeast Facing Home
  • Property is zoned PUD PUD

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3510-00000-0300

Community Details

Overview

  • Property has a Home Owners Association
  • Ocean Hammock Poa, Phone Number (386) 446-0085
  • Ocean Hammock Condos
  • Ocean Hammock Subdivision
  • The community has rules related to building or community restrictions, deed restrictions

Recreation

  • Trails

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,636

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9577
  • Directions to Property: Palm Coast Parkway east over the Hammock Dunes Bridge, straight through stop sign Hammock Dunes Pkwy, R on Hotel Trace, R on Ocean Way, L on Cypress Hammock Way, L on Cypresswood
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.88717
  • Price per Sq Ft: 10.18
  • Close to Original List Price Ratio: 0.80745
  • View: No
  • Tax Year: 2015
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 8

Exterior Features

  • Direction Faces: Northeast
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Special Community Restrictions
  • Association Amenities: Gated, Security, Trail(s)
  • Association Fee: 390
  • Association Name: Ocean Hammock POA
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD PUD
  • Parcel Number: 04-11-31-3510-00000-0300
  • Current Use: Other
  • Lot Features: Curb and Gutters
  • Price Per Acre: 443182
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1636.24

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Marecello Eugene
Bought by
Yang Jin and Marcello Eugene
Current Estimated Value
$259,000

Purchase Details

Listed on
Jan 22, 2016
Closed on
Apr 21, 2016
Sold by
Pnc Bank Na
Bought by
Marcello Eugene and Marcello Jacqueline
Seller's Agent
Eugene Monkevitch
EVEREST REALTY LLC
Buyer's Agent
Karla Goodman
TRADEMARK REALTY GROUP LLC
List Price
$120,750
Sold Price
$97,500
Premium/Discount to List
-$23,250
-19.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%

Purchase Details

Closed on
Jan 20, 2016
Sold by
Kotlarsky Mark
Bought by
Pnc Bank National Association

Purchase Details

Closed on
May 1, 2005
Sold by
Mcdermott Christopher J and Mcdermott Maria C
Bought by
Kotlarsky Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 6, 2000
Sold by
Lowe Ocean Hammock Ltd
Bought by
Mcdermott Christopher J and Mcdermott Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,400
Interest Rate
7.96%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yang Jin $100 None Listed On Document
Marcello Eugene $97,500 Nationallink
Pnc Bank National Association $68,100 None Available
Kotlarsky Mark $345,000 --
Mcdermott Christopher J $114,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kotlarsky Mark $310,500
Previous Owner Mcdermott Christopher J $103,400
Closed Marcello Eugene $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2016 05/11/16 Sold $97,500 -19.3% $10 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $120,750 -- $13 / 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 $2,406 $244,000 $244,000 --
2023 $2,406 $128,865 $0 $0
2022 $2,114 $187,000 $187,000 $0
2021 $1,642 $106,500 $106,500 $0
2020 $1,666 $106,500 $106,500 $0
2019 $1,797 $113,500 $113,500 $0
2018 $1,784 $110,000 $110,000 $0
2017 $1,797 $110,000 $110,000 $0
2016 $1,696 $95,832 $0 $0
2015 $1,636 $87,120 $0 $0
2014 $1,454 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC218470

Stellar MLS

APN: 04-11-31-3510-00000-0300