NOT LISTED FOR SALE

Ocean Hammock 900 Cinnamon Beach Way Unit 832 Palm Coast, FL 32137

Estimated Value: $755,000 - $850,000

3 Beds
2 Baths
1,682 Sq Ft
$1,275/mo HOA Fee

Last Sold March 05, 2018

Last sale price $440,000 $262 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,414/month

142 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Sauna
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Solid Surface Countertops

About This Home

As of March 2018

This is your time – visit and see this direct oceanfront 3rd floor Cinnamon Beach Condominium, offered fully furnished and rental ready if desired (not required). Picture yourself sitting on the balcony admiring the beautiful ocean view, and lavish is a great 3-bed, 2-bath design. Updated to provide the best for your family with king, queen, and bunk beds for all family living needs. Your family and guests will enjoy the great on-site amenities at Cinnamon Beach, with two pool areas, nice game rooms, complete fitness/workout room, a full restaurant open in season, and walkouts to the beach. Call to schedule a visit today.

Last Agent to Sell the Property

Dave Franklin

COASTAL GATEWAY REAL ESTATE GR License #3018235 Listed on: 08/28/2017

Last Buyer's Agent

Mari Parks

TAKE ACTION PROPERTIES, LLC License #3118245

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,954

Year Built

  • Built in 2003

Lot Details

  • West Facing Home

HOA Fees

Home Design

  • Planned Development
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,682 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Security Gate

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking
  • Parking Garage Space

Outdoor Features

  • Balcony
  • Open Patio
  • Exterior Lighting
  • Rear Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3513-00000-0832
  • $51 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, insurance, maintenance structure, ground maintenance, trash
  • Cinnamon Beach Association
  • May Management Association, Phone Number (386) 446-0085

Amenities

  • Sauna
  • Elevator

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,954

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,275 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Insurance, Maintenance Structure, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Living Area: 1682
  • Year Built: 2003
  • Directions to Property: HAMMOCK DUNES PARKWAY TO HOTEL TRACE BLVD (OCEAN HAMMOCK/CB GATE); AFTER ACCESS GO TO STOP SIGN, TAKE LEFT ON INTO CB COMMUNITY, CONDOS ON OCEAN.
  • Status: Sold
  • Floor Number: 3
  • Homestead Y N: No
  • Property Manager: MAY MANAGEMENT
  • Property Manager Phone: 386-446-0085
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.96703
  • Price per Sq Ft: 261.59
  • Close to Original List Price Ratio: 0.96703
  • View: No
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 900
  • Room Count: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • Patio and Porch Features: Open Patio, Rear Porch
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Parking Features: Driveway, On Street, Under Building
  • Open Parking: No

Utilities

  • Utilities: 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: 467
  • Association Fee Frequency: Monthly
  • Association Name: Cinnamon Beach
  • Association: Yes
  • Security: Security Gate
  • Senior Community: No
  • Association #2 Fee: 808
  • Association: MAY MANAGEMENT
  • Association Phone #2: 386-446-0085

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3513-00000-0832
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 1 Week
  • Pet Restrictions: YES

Tax Info

  • Tax Annual Amount: 5954
  • Tax Other Annual Assessment Amount: 51

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2017
Closed on
Mar 5, 2018
Sold by
Olosky Michael and Olosky Kristen
Bought by
Evans Laura B and Byrnes James P
Seller's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Mari Parks
TAKE ACTION PROPERTIES, LLC
List Price
$455,000
Sold Price
$440,000
Premium/Discount to List
-$15,000
-3.3%
Current Estimated Value
$804,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,725
Avg. Annual Appreciation
8.71%
Original Mortgage
$330,000
Outstanding Balance
$200,380
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$614,569

Purchase Details

Closed on
Nov 20, 2003
Sold by
Centex Homes
Bought by
Olosky Michael and Olosky Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,910
Interest Rate
6.04%
Source: Public Records

Range of Values:

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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
Evans Laura B $440,000 Title Chain Inc
Olosky Michael $469,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Laura B $330,000
Previous Owner Olosky Michael $375,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2018 03/05/18 Sold $440,000 -3.3% $262 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
08/28/2017 08/28/17 For Sale $455,000 -- $271 / 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 $8,171 $709,380 -- $709,380
2023 $8,171 $476,861 $0 $0
2022 $7,163 $591,150 $0 $591,150
2021 $5,915 $394,100 $0 $394,100
2020 $6,004 $394,100 $0 $394,100
2019 $6,092 $394,100 $0 $394,100
2018 $5,953 $376,000 $0 $376,000
2017 $5,894 $369,400 $0 $0
2016 $6,014 $369,400 $0 $0
2015 $5,788 $352,100 $0 $0
2014 $5,748 $352,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC232234

Stellar MLS

APN: 04-11-31-3513-00000-0832