NOT LISTED FOR SALE

513 Cinnamon Beach Ln Palm Coast, FL 32137

Estimated Value: $1,297,397 - $1,657,000

5 Beds
4.5 Baths
3,912 Sq Ft
$379/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $375,000 $96 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $9,460/month

3 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Central Heating and Cooling System
  • Old Kings Elementary School Rated A-
  • Tile Flooring
  • 2 Car Garage

About This Home

As of April 2013

This once Model Home featuring 3 Stories, 4 Balconies, 5 Bedrooms, 4.5 Bathrooms, Tile in all Major Wet areas, Carpet in the Bedrooms and so much more! Best of all this Home has a view of the Ocean! This property will not last long so do not wait!

Last Listed By

Julie Sabine

REALTY EXCHANGE, LLC License #3080128 Listed on: 02/23/2013

REALTY EXCHANGE, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,114

Year Built

  • Built in 2007

Lot Details

  • 6,241 Sq Ft Lot
  • Waterfront
  • North Facing Home
  • Property is zoned PUD

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,912 Sq Ft Home
  • 3-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-11-31-3512-00010-0590

Community Details

Overview

  • Property has a Home Owners Association
  • Cinnamon Beach HOA, Phone Number (904) 461-9708
  • Ocean Hammock Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,114

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Living Area: 3912
  • Year Built: 2007
  • Lot Size Sq Ft: 6241
  • Directions to Property: HAMMOCK DUNES BRIDGE TO OCEAN HAMMOCK ENTRANCE (HOTEL TRACE)
  • Status: Sold
  • Homestead Y N: No
  • Property Manager: Maymagement
  • Property Manager Phone: 904-461-9708
  • Ratio: Close Price\List Price: 0.81699
  • Price per Sq Ft: 95.86
  • Close to Original List Price Ratio: 0.81699
  • View: No
  • Tax Year: 2012
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: None
  • Total Bedrooms: 5
  • Stories: 3
  • Street Number Modifier: 513
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Paved

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Gated, Other
  • Association Fee: 1100
  • Association Name: Cinnamon Beach HOA
  • Phone: 9044619708
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: OCEAN HAMMOCK

Lot Info

  • Zoning: PUD
  • Parcel Number: 04-11-31-3512-00010-0590
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6114.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2013
Sold by
Atlantic Coastal Management Group Llc
Bought by
Case Robert L and Case Vicki M
Total Days on Market
3
Current Estimated Value
$1,481,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2013
Closed on
Apr 18, 2013
Sold by
Branch Banking & Trust Company
Bought by
Atlantic Coastal Management Group Llc
Seller's Agent
Julie Sabine
REALTY EXCHANGE, LLC
Buyer's Agent
VIOLA VINCENT
REALTY EXCHANGE, LLC
List Price
$459,000
Sold Price
$375,000
Premium/Discount to List
-$84,000
-18.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%

Purchase Details

Closed on
Jan 15, 2013
Sold by
Cbv 59 Llc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Aug 19, 2005
Sold by
Noonan Carl D and Noonan Robbye D
Bought by
Cbv 59 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$774,200
Interest Rate
6.5%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 29, 2002
Sold by
Centex Land Inv Ii L L C
Bought by
Nonan Carl D and Noonan Robbye D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.4%

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
Case Robert L $715,000 A 1 Title Of Nature Coast
Atlantic Coastal Management Group Llc $375,000 Bridgetrust Title Group
Branch Banking & Trust Company -- None Available
Cbv 59 Llc $480,000 --
Nonan Carl D $274,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Case Robert L $543,500
Closed Case Robert L $417,000
Previous Owner Cbv 59 Llc $774,200
Previous Owner Nonan Carl D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $375,000 -18.3% $96 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
02/23/2013 02/23/13 For Sale $459,000 -- $117 / 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 $14,283 $1,231,561 $175,000 $1,056,561
2023 $14,283 $845,022 $0 $0
2022 $11,781 $834,314 $175,000 $659,314
2021 $10,674 $698,365 $164,500 $533,865
2020 $9,991 $642,637 $157,000 $485,637
2019 $10,846 $689,159 $157,000 $532,159
2018 $10,276 $636,623 $160,000 $476,623
2017 $10,039 $616,051 $160,000 $456,051
2016 $9,782 $589,170 $0 $0
2015 $9,315 $555,071 $0 $0
2014 $9,246 $540,782 $0 $0
Source: Public Records

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Source: Stellar MLS

MLS Number: FC194518

Stellar MLS

APN: 04-11-31-3512-00010-0590