NOT LISTED FOR SALE

40 Lake Forest Place Palm Coast, FL 32137

Estimated Value: $217,000 - $236,000

2 Beds
1.5 Baths
994 Sq Ft
$226/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $225,000 $226 Per Sq Ft

Current estimated payment $1,620/month

2 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Primary Bedroom
  • Solid Wood Cabinet
  • Old Kings Elementary School Rated A-
  • Solid Surface Countertops
  • Walk-In Closet

About This Home

As of December 2022

Cute as a button Single Family Resident/Townhouse in the center of Palm Coast. Lake Forest is one of the most desirable Townhouse/Single Family residents in downtown Palm Coast. Property is within walking distance to the grocery stores, banks, shopping, restuarants, retail establishments and Dr. Offices, in the residential area of Palm Coast. Property has a totally redone kitchen with granite counter tops and wooden cabinets. The Family Room/Dining Room combo directly opens onto the enclosed Florida room which adds additional living space to this adorable home. There is an enclosed and fenced-in back yard for your furry friends and gives you extra privacy for grilling and entertaning. You are only minutes away from Flagler Beach, walking and biking trails, fishing and the Palm Harbor Golf Course. Don't miss out on this adorable home in the well-established subvivision of Lake Forest.

Last Agent to Sell the Property

Joanna Weiland

GRAND LIVING REALTY License #3237494 Listed on: 11/19/2022

GRAND LIVING REALTY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,136

Year Built

  • Built in 1989

Lot Details

  • 1,873 Sq Ft Lot
  • South Facing Home
  • Dog Run
  • Property is zoned PUD

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 994 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Community Details

  • Community Archives Association
  • Southern States Association
  • Lake Forest Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,136

Year Built

Built in 1989

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 994
  • Lot Size Acres: 0.04
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 1155
  • Lot Size Sq Ft: 1873
  • Directions to Property: Palm Coast Parkway East, make the turn on Colbert Lane and take Palm Coast Parkway West into The Lake Forest Sub-division.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/FC287526?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/FC287526?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.98253
  • Price per Sq Ft: 226.36
  • Close to Original List Price Ratio: 0.98253
  • Ratio: Current Price\Building Area Total: 194.81
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 40
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Dog Run, Lighting, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12035C0137E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Private, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 265
  • Association Fee Frequency: Monthly
  • Association Name: Community Archives
  • Association: Yes
  • Senior Community: No
  • Association Email: info@cmcjaxfla.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes
  • Association: Southern States

Fee Information

  • Total Annual Fees: 3180
  • Monthly HOA Fee: 265
  • Total Monthly Fees: 265

Lot Info

  • Zoning: PUD
  • Parcel Number: 07-11-31-7008-00150-0400
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2018-06-06
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 1-2 Years
  • Approval Process: Tenant must be approved by HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Tenant must be approved by HOA

Tax Info

  • Tax Annual Amount: 2136
  • Tax Block: 914
  • Tax Book Number: 914
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2022
Closed on
Nov 23, 2022
Sold by
Robert M Valdez Revocable Trust
Bought by
Middleton Marguerite Gina
Seller's Agent
Joanna Weiland
GRAND LIVING REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
Views
9
Current Estimated Value
$226,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,006
Avg. Annual Appreciation
0.50%
Original Mortgage
$213,750
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2022
Sold by
Robert M Valdez Revocable Trust
Bought by
Robert M Valdez Revocable Trust

Purchase Details

Closed on
Feb 14, 2019
Sold by
Valdez Robert M
Bought by
Valdez Robert M and The Robert M Valdez Revocable Trust

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jun 26, 2018
Sold by
Malinowski Daniel
Bought by
Valdez Robert M and The Robert M Valdez Revocable Trust
Seller's Agent
Janet Salam
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Joanna Weiland
GRAND LIVING REALTY
List Price
$132,000
Sold Price
$132,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
Jun 28, 2002
Sold by
Cipolla Elizabeth D
Bought by
Malek Nancy A

Purchase Details

Closed on
Nov 19, 1998
Sold by
Dixon Enis and Hickey Rita
Bought by
Cipolla Elizabeth D
Source: Public Records

Range of Values:

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Average Value
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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
Middleton Marguerite Gina $225,000 --
Robert M Valdez Revocable Trust -- None Listed On Document
Valdez Robert M -- Attorney
Valdez Robert M $132,000 Flagler County Abstract Co
Malek Nancy A $65,000 --
Cipolla Elizabeth D $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Middleton Marguerite Gina $213,750
Previous Owner Malek Nancy A $20,000
Previous Owner Malek Nancy A $15,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $225,000 -1.7% $226 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/19/2022 11/19/22 For Sale $229,000 +73.5% $230 / Sq Ft
06/29/2018 06/29/18 Sold $132,000 0.0% $114 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $132,000 -- $114 / 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 $1,872 $148,066 -- --
2023 $1,872 $143,753 $22,500 $121,253
2022 $2,404 $140,098 $22,500 $117,598
2021 $2,136 $109,724 $20,000 $89,724
2020 $1,984 $100,264 $18,000 $82,264
2019 $1,856 $92,786 $18,000 $74,786
2018 $1,793 $87,992 $13,000 $74,992
2017 $523 $52,055 $0 $0
2016 $517 $50,984 $0 $0
2015 $518 $50,630 $0 $0
2014 $522 $50,228 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC287526

Stellar MLS

APN: 07-11-31-7008-00150-0400