$33,000
SOLD NOV 25, 2020

40 Forge Ln Palm Coast, FL 32137

0.25 Acre
$132,000 Price per Acre
10,890 Sq Ft Lot

Recently Sold

$3 Per Sq Ft

5% Below List Price

35 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Interior Lot
  • Old Kings Elementary School Rated A-

About This Lot

As of August 2023

A great opportunity to build your dream home in the last vacant lot on a street of well-maintained homes in the Palm Harbor section of Palm Coast. The lot has been partially cleared and being maintained. Drive by and picture your home here.; Paid Sewer:1466;

Last Agent to Sell the Property

CARMEN BONGIOVANNI

WATSON REALTY CORP License #3136960 Listed on: 09/18/2020

WATSON REALTY CORP

Last Buyer's Agent

Janet Salam

COASTAL GATEWAY REAL ESTATE GR License #3242755

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $376

Lot Details

  • 0.25 Acre Lot
  • Waterfront
  • East Facing Home
  • Interior Lot
  • Irregular Lot
  • Property is zoned SFR-2 SINGLE FAMILY

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm Harbor Condos
  • Palm Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-11-31-7007-00360-0130

Property Details

Property Type

Land

Est. Annual Taxes

$376

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10742
  • Directions to Property: Old Kings Rd to Frontier Dr to right on Forest Hill to right on Forge
  • Status: Sold
  • Escrow Street Name: 1410 Palm Coast Pkwy, NW Palm Coast, FL 32137
  • List Office Head Office Key Nume: 579203013
  • RATIO Current Price By Calculate: 3.07
  • Total Acreage: 0 to less than 1/4
  • Tax Year: 2019
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 40
  • Room Count: 0

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: None
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Waterfront Feet Total: 0
  • Price Per Acre: 132000

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Complex Community Name Nccb: PALM HARBOR

Lot Info

  • Zoning: SFR-2 SINGLE FAMILY
  • Parcel Number: 07-11-31-7007-00360-0130
  • Current Use: Tracts
  • Lot Features: Interior Lot, Irregular Lot, Other
  • Lot Size Square Meters: 998

Tax Info

  • Tax Annual Amount: 375.95

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%
Views
51
Current Estimated Value
$530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,000
Avg. Annual Appreciation
211.75%
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

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 Type Sale Price Title Company
Warranty Deed $100 Mph Title
Warranty Deed $55,000 None Listed On Document
Warranty Deed $33,000 Watson Title Services Inc
Warranty Deed $19,500 Coast Title Ins Agency Inc
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,136,250 New Conventional
Previous Owner $1,025,000 Construction
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

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Map

Source: Stellar MLS

MLS Number: FC260335

Stellar MLS

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