NOT LISTED FOR SALE

40 Forge Ln Palm Coast, FL 32137

Estimated Value: $407,000

0.24 Acre
$1,695,833 Price per Acre
10,539 Sq Ft Lot

Last Sold August 22, 2023

Last sale price $55,000 $5 Per Sq Ft

Est. 640% increase in value since last sale

Current estimated payment $2,338/month

57 Days on Market

About This Lot

As of August 2023

Under contract-accepting backup offers. Find your slice of paradise in the conveniently located Palm Harbor area of Palm Coast with no HOA or CDD. Here is your chance to secure your lot now and choose any builder to build your dream home when you are ready. The Lot is located close to schools, medical offices, golf course and restaurants and is a short drive to the beach. Palm Coast is conveniently located an hour and a half away from the Orlando Theme parks and Airport, an hour to Jacksonville, half an hour to the Natiton's oldest city, St. Augustine and also to Daytona Beach, home of Nascar and Bike week.

Last Agent to Sell the Property

Janet Salam

COASTAL GATEWAY REAL ESTATE GR Brokerage Phone: 3864455880 License #3242755 Listed on: 06/04/2023

Last Buyer's Agent

Janet Salam

COASTAL GATEWAY REAL ESTATE GR Brokerage Phone: 3864455880 License #3242755 Listed on: 06/04/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $631

Year Built

  • 2024

Lot Details

  • 10,539 Sq Ft Lot
  • 60 Ft Wide Lot
  • East Facing Home
  • Property is zoned SFR1

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm Coast Sec 07 Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 36
  • Assessor Parcel Number 07-11-31-7007-00360-0130

Property Details

Property Type

Land

Est. Annual Taxes

$631

Year Built

2024

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10539
  • Directions to Property: Old Kings Rd to Frontier Dr to right on Forest Hill to right on Forge
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Flagler Beach
  • Escrow State: FL
  • Escrow Street Name: N 2nd Street
  • Escrow Street Number: 300
  • List Office Head Office Key Nume: 579203034
  • RATIO Current Price By Calculate: 5.22
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2024

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 40

Exterior Features

  • Direction Faces: East
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2018-05-06
  • Flood Zone Panel: 12035C0128E
  • Price Per Acre: 229167

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Private, Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0
  • Development: Palm Harbor

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: SFR1
  • Parcel Number: 07-11-31-7007-00360-0130
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Features: Buildable
  • Lot Dimensions: irreg
  • Flood Zone Code: X
  • Lot Size Square Meters: 979

Tax Info

  • Tax Annual Amount: 631.46
  • Tax Block: 36
  • Tax Book Number: OR450PG655
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2023
Closed on
Sep 12, 2023
Sold by
Estela Living Llc
Bought by
Esp Ste Orlando Ii Llc
Seller's Agent
Janet Salam
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Janet Salam
COASTAL GATEWAY REAL ESTATE GR
List Price
$64,800
Sold Price
$55,000
Premium/Discount to List
-$9,800
-15.12%
Total Days on Market
57
Views
51
Current Estimated Value
$407,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,000
Avg. Annual Appreciation
207.85%
Original Mortgage
$1,025,000
Interest Rate
7.76%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 4, 2023
Closed on
Aug 17, 2023
Sold by
Schurman Joseph and Schurman Betsy
Bought by
Estela Living Llc
Seller's Agent
Janet Salam
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Janet Salam
COASTAL GATEWAY REAL ESTATE GR
List Price
$64,800
Sold Price
$55,000
Premium/Discount to List
-$9,800
-15.12%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,025,000
Interest Rate
7.76%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 25, 2020
Sold by
Muir William C and Muir Karen A
Bought by
Schurman Betsy and Schurman Joseph
Seller's Agent
CARMEN BONGIOVANNI
WATSON REALTY CORP
Buyer's Agent
Janet Salam
COASTAL GATEWAY REAL ESTATE GR
List Price
$34,900
Sold Price
$33,000
Premium/Discount to List
-$1,900
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.49%

Purchase Details

Listed on
Mar 6, 2017
Closed on
Apr 21, 2017
Sold by
Capo Rene and Garcia Raquel
Bought by
Muir William C and Muir Karen A
Seller's Agent
Leah Linnell
FLORIDA HOMES REALTY & MORTGAGE
Buyer's Agent
Bill Martin
REALTY EXECUTIVES OCEANSIDE
List Price
$26,000
Sold Price
$19,500
Premium/Discount to List
-$6,500
-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
15.74%

Purchase Details

Closed on
Sep 21, 2006
Sold by
Capo Francisca
Bought by
Capo Francisca and Capo Rene
Source: Public Records

Similar Properties in Palm Coast, FL

  • 6 Commander Ct, Palm Coast, FL 32137

    $315,000

    • Land
    • 0.23 Acre
    • $1,369,565 per Acre
    • 6 Commander Ct
    • Palm Coast, FL

    PRICE REDUCED $85 K Free standing 10,000 sf lot currently at 06 Commander Lane, adjoined to 13 Colchester Owner will remove upon sale.

    John Lucas ONE SOTHEBYS INTERNATIONAL

    Section Image
  • 15 Cedardale Ct, Palm Coast, FL 32137

    $375,000

    • Land
    • 0.21 Acre
    • $1,785,714 per Acre
    • 15 Cedardale Ct
    • Palm Coast, FL

    SAILBOAT COUNTRY at its best- bring you large boats with tall flybridges and water toys. NO BRIDGES to Intracoastal in just minutes! Rare 70' saltwater canal lot in prime "C" area . OWNER FINANCING CONSIDERED. Perfect to build your waterfront dream home. Close to shopping, parks, beach and golf course while surrounded by beautiful homes in a manicured neighborhood. No HOA fees.

    Lori Von Diezelski CLARION GROUP, INC.

    Section Image
  • 129 Longview Way N, Palm Coast, FL 32137

    $329,000

    • Land
    • 0.22 Acre
    • $1,495,455 per Acre
    • 129 Longview Way N
    • Palm Coast, FL

    Direct Intracoastal Living in Tidelands – A Rare Opportunity Awaits.Welcome to one of the most sought-after waterfront homesites in Tidelands on the Intracoastal—a gated Palm Coast community where nature and luxury meet. This prime Intracoastal lot offers breathtaking water views and the chance to design and build your ideal coastal retreat with the builder of your choice. No mandatory

    Carlene Reardon COASTAL GATEWAY REAL ESTATE GR

    Section Image
  • 108 Harbor Village Point S, Palm Coast, FL 32137

    $499,000

    • Land
    • 0.2 Acre
    • $2,495,000 per Acre
    • 108 Harbor Village Point S
    • Palm Coast, FL

    TWO combined LOTS at one amazing price and location! A boat lover's dream come true awaits you as these two perfectly situated lots gives you incredible views of the intracoastal and marina from any footprint of your new home. The sale includes both lots at 108 & 112 Harbor Village Point which lay directly in front of the marina and intracoastal and affords plenty of parking for your guests. View

    Kerry Cooke FLORIDA HOMES REALTY & MORTGAGE

    Section Image
  • 8 Cinnamon Beach Way, Palm Coast, FL 32137

    $309,000

    • Land
    • 0.15 Acre
    • $2,060,000 per Acre
    • 8 Cinnamon Beach Way
    • Palm Coast, FL

    Build your dream home! 8 Cinnamon Beach Way is located in a unique gated oceanfront community in Palm Coast, Florida, where short-term rentals are permitted—perfect for generating income or enjoying a seasonal retreat.Situated beside the lake, this lot offers exceptional views of both the tranquil water and the beautifully maintained neighborhood. Cinnamon Beach is renowned for its

    Laura Castro Mora REALTY EXECUTIVES OCEANSIDE

    Section Image
  • 5 Cinnamon Beach Way, Palm Coast, FL 32137

    $349,000

    • Land
    • 0.21 Acre
    • $1,661,905 per Acre
    • 5 Cinnamon Beach Way
    • Palm Coast, FL

    This is the one you’ve been waiting for- seize the opportunity to build your dream home on one of the only corner lots in all of Cinnamon Beach at Ocean Hammock! Over 180 feet deep at its deepest point, this oversized home site is one of the largest in the community, and offers a world of possibilities for your creative home design. Featuring water views in practically every direction, your new

    Luke O'Reilly HAMMOCK REAL ESTATE GROUP

    Section Image
  • 84 Hammock Beach Cir N, Palm Coast, FL 32137

    $440,000

    • Land
    • 0.24 Acre
    • $1,833,333 per Acre
    • 84 Hammock Beach Cir N
    • Palm Coast, FL

    This incredible homesite is the largest in this community on the golf course and with an Ocean View and Golf course view from the 2nd floor of your future home. In this gated community you have a community clubhouse and pool within 100s of feet of your homesite with a walkover to the beach. And this all is included in your quarterly HOA dues.You also can purchase a membership to the Hammock

    Brent Bruns HAMMOCK COASTAL REAL ESTATE

    Section Image
  • 21 Northshore Dr, Palm Coast, FL 32137

    $445,000

    • Land
    • 0.22 Acre
    • $2,022,727 per Acre
    • 21 Northshore Dr
    • Palm Coast, FL

    Prime Vacant Lot in Hammock Beach Resort on Golf Course – One of few available homesites in the gorgeous Hammock Beach Resort in Palm Coast, Florida. This exceptional lot offers a rare opportunity to build your dream home in one of the East Coast’s most sought-after luxury communities with no time frame to build. This lot is Located just a 1/3 mile walk from the Atlantic Ocean with private

    Samantha Rosenbaum REAL BROKER, LLC

    Section Image
  • 3580 N Oceanshore Blvd, Palm Coast, FL 32137

    $375,000

    • Land
    • 0.21 Acre
    • $1,785,714 per Acre
    • 3580 N Oceanshore Blvd
    • Palm Coast, FL

    Live the ultimate Florida lifestyle in Hammock Moorings North! This premium, bulk-headed lot is cleared, high, and dry, ready for you to build your dream home and custom dock. Enjoy saltwater canal frontage with direct access to the Intracoastal Waterway and ocean. HOA deeded beach access is only 190 feet away, and Varn Park is just down the road, adding even more convenience for beach days. With

    TONY GARREN FLORIDA BEACHES REAL ESTATE

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Esp Ste Orlando Ii Llc $100 Mph Title
Estela Living Llc $55,000 None Listed On Document
Schurman Betsy $33,000 Watson Title Services Inc
Muir William C $19,500 Coast Title Ins Agency Inc
Capo Francisca -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esp Ste Orlando Ii Llc $1,136,250
Previous Owner Esp Ste Orlando Ii Llc $1,025,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Sold $55,000 -12.4% $5 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/25/2023 07/25/23 Price Changed $62,800 -3.1% $6 / Sq Ft
06/04/2023 06/04/23 For Sale $64,800 +96.4% $6 / Sq Ft
11/25/2020 11/25/20 Sold $33,000 -5.4% $3 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $34,900 +79.0% $3 / Sq Ft
04/21/2017 04/21/17 Sold $19,500 -25.0% $2 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $26,000 -- $2 / 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 $651 $48,500 $48,500 --
2023 $651 $30,250 $0 $0
2022 $631 $47,000 $47,000 $0
2021 $487 $25,000 $25,000 $0
2020 $376 $19,000 $19,000 $0
2019 $376 $19,000 $19,000 $0
2018 $346 $17,000 $17,000 $0
2017 $296 $17,000 $17,000 $0
2016 $281 $12,100 $0 $0
2015 $269 $11,000 $0 $0
2014 $208 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: FC292070

Stellar MLS

APN: 07-11-31-7007-00360-0130