NOT LISTED FOR SALE

8 N Hammock Preserve Ln Palm Coast, FL 32137

Estimated Value: $621,255 - $905,000

0.22 Acre
$3,468,473 Price per Acre
10,000 Sq Ft Lot

Last Sold December 31, 2021

Last sale price $650,000

Est. 17% increase in value since last sale

Current estimated payment $4,569/month

298 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Heating Available
  • Old Kings Elementary School Rated A-
  • Level Lot

About This Lot

As of December 2021

House/Lot packages in the new community of Hammock Preserve, nestled between the Atlantic Ocean & Intracoastal Waterway. Luxury coastal homes built to suit. Ocean & beaches less than one mile away & only two blocks to the ICW to watch sunsets, fish & launch your kayaks. Southern Charm style elevations w/ large porches, pillars & travertine. Board & Batten, Bahama Shutters, Architectural & Metal roofs. Impact windows & doors. 2019 Award Winning Builder! The Hammock Preserve developer is steadfast on staying “Green” & preserving the Live Oak Trees & many other various hardwoods and palms. The homes are built to be sustainable with many options like: smart energy management, solar, water conservation and smart integrations to ensure complete control of your home from anywhere in the world. There are several restaurants & resorts within blocks. 4 miles to downtown. 10 miles to Flagler Beach. 20 miles Historic St. Augustine. 30 minutes to Famous Daytona Beach. Call now for more info.

Last Agent to Sell the Property

MICHAEL S. ANDREWS

COMPASS FLORIDA License #3082885 Listed on: 02/05/2021

COMPASS FLORIDA

Last Buyer's Agent

MICHAEL S. ANDREWS

COMPASS FLORIDA License #3082885 Listed on: 02/05/2021

COMPASS FLORIDA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $717

Lot Details

  • 10,000 Sq Ft Lot
  • East Facing Home
  • Level Lot
  • Wooded Lot
  • Property is zoned R/C COMMERCIAL,SINGLE FAM

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Whispering Oaks Condos
  • Whispering Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40-10-31-6050-00000-0040

Property Details

Property Type

Land

Est. Annual Taxes

$717

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Sq Ft: 10000
  • Directions to Property: N Ocean Shore Blvd. (north of Palm Coast Pkwy bridge) to left on N. Hammock Preserve Lane, Right on Dawson Dr. (if you passed JT's Seafood on A1A you went too far)
  • Status: Sold
  • Ratio: Close Price\List Price: 6.5
  • Price per Sq Ft: 65
  • Close to Original List Price Ratio: 6.5
  • View: No
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 8

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: None
  • Road Surface Type: Other

Garage/Parking

  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Complex Community Name NCCB: WHISPERING OAKS

Lot Info

  • Zoning: R/C COMMERCIAL,SINGLE FAM
  • Parcel Number: 40-10-31-6050-00000-0040
  • Current Use: Other
  • Lot Features: Buildable, Level, Other, Wooded

Tax Info

  • Tax Annual Amount: 716.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Dec 28, 2021
Sold by
Dbd Solutions Llc
Bought by
Roy Mathew S and Roy Silvia B
Seller's Agent
MICHAEL S. ANDREWS
COMPASS FLORIDA
Buyer's Agent
MICHAEL S. ANDREWS
COMPASS FLORIDA
List Price
$100,000
Sold Price
$650,000
Premium/Discount to List
$550,000
550%
Current Estimated Value
$763,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,064
Avg. Annual Appreciation
5.81%
Original Mortgage
$490,000
Outstanding Balance
$452,170
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$350,586
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
Roy Mathew S $60,000 Title Chain
Roy Mathew S $60,000 Title Chain
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roy Mathew S $490,000
Closed Roy Mathew S $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 Sold $650,000 +550.0% --
11/30/2021 11/30/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $100,000 -- --
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 $6,466 $467,670 $136,000 $331,670
2023 $2,042 $99,000 $0 $0
2022 $1,298 $90,000 $90,000 $0
2021 $827 $60,000 $60,000 $0
2020 $724 $48,000 $48,000 $0
2019 $453 $37,500 $37,500 $0
2018 $364 $25,000 $25,000 $0
2017 $316 $20,000 $20,000 $0
2016 $323 $20,000 $0 $0
2015 $228 $14,000 $0 $0
2014 $292 $17,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC264586

Stellar MLS

APN: 40-10-31-6050-00000-0040