NOT LISTED FOR SALE

55 Lake Forest Place Palm Coast, FL 32137

Estimated Value: $246,000 - $320,000

3 Beds
2.5 Baths
1,528 Sq Ft
$187/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $310,500 $203 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,938/month

80 Days on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Wood Flooring
  • Old Kings Elementary School Rated A-
  • Cathedral Ceiling
  • Loft

About This Home

As of April 2023

Highly sought-after Lake Forest Townhome is beautifully renovated and is close to the beach, the Intracoastal, bike and walking trails, shopping, the new hospital, and easy access to I-95. Unique, One of a kind solid wood flooring (ancient Chinese Elm) from a monastery on the first floor. The Master bedroom and 1 1/2 baths are on the first floor. The second floor has 2 bedrooms with a Jack & Jill bathroom. New carpeting on the 2nd floor. The Kitchen has been renovated with new cabinets, counters, and new appliances. All appliances stay with the home. Find your sanctuary on the covered and enclosed lanai. The garage has a retractable privacy screen, you can see out but outsiders can't see in. Most of the furnishings are also available for purchase.
HOA covers the exterior of the home and maintenance, lawn care, pest control, water, sewer, and trash. HVAC was replaced in 2018.
HOA fee is only $287.00 per month. Spectrum cable bundle is optional at $55.00 per month.

Last Agent to Sell the Property

JULIE WHITEHEAD

FLORIDA HOMES REALTY & MORTGAGE License #3065895 Listed on: 12/26/2022

FLORIDA HOMES REALTY & MORTGAGE

Co-Listed By

Karen Gard

FLORIDA HOMES REALTY & MORTGAGE License #3300578

Last Buyer's Agent

Galeann Montague

LA ROSA REALTY NORTH FLORIDA License #3330830

LA ROSA REALTY NORTH FLORIDA

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,144

Year Built

  • Built in 1990

Lot Details

  • 3,572 Sq Ft Lot
  • Southeast Facing Home
  • Irrigation
  • Garden

HOA Fees

  • $287 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,528 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Tinted Windows
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Loft
  • Security Lights

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Old Kings Elementary School
  • Indian Trails Middle-Fc School
  • Matanzas High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, pest control, sewer, trash, water
  • Lake Forest North / David Studnick Association, Phone Number (207) 694-0167
  • Visit Association Website
  • Lake Forest & Lake Forest North Subdivision
  • Community Lake

Pet Policy

  • Pets Allowed
  • Pets up to 25 lbs
  • 1 Pet Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,144

Year Built

Built in 1990

Lot Details

0

HOA Fees

$287 per month

Parking

1

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Townhouse
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1528
  • Lot Size Acres: 0.08
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 1995
  • Lot Size Sq Ft: 3572
  • Directions to Property: Lake Forest is located on Palm Coast Pkway Westbound between Colbert Ln and Club House Dr. Lake Forest Way to Lake Forest Place
  • Status: Sold
  • Co List Office Mls Id: MFR256500789
  • Co List Office Phone: 904-996-9115
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow City: Palm Coast
  • Escrow Postal Code: 32164
  • Escrow State: FL
  • Escrow Street Name: Cypress Point Parkway Suite 102
  • Escrow Street Number: 10
  • List Office Head Office Key Nume: 1041770
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 203.21
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 1
  • Window Features: Blinds, Tinted Windows, Window Treatments
  • Street Number Modifier: 55
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Loft
  • Living Area Meters: 141.96
  • Room Count: 7

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Garden, Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Ground Level, Guest, Off Street

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Lake, Sidewalks
  • Association Fee: 287
  • Association Fee Frequency: Monthly
  • Association Name: Lake Forest North / David Studnick
  • Phone: 207-694-0167
  • Association: Yes
  • Security: Security Lights
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: 55
  • Condo Fees: 0
  • Condo Land Included YN: 1
  • Max Pet Weight: 25
  • Association URL: davidstudnicki@gmail.com
  • Development: Palm Harbor

Fee Information

  • Total Annual Fees: 3444.00
  • Total Monthly Fees: 287.00
  • Monthly HOA Amount: 287.00

Schools

  • Elementary School: Old Kings Elementary
  • High School: Matanzas High
  • Middle Or Junior School: Indian Trails Middle-FC

Lot Info

  • Zoning: MFR-1
  • Parcel Number: 07-11-31-7008-00160-0410
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 332

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Tenants need to be approved by the Owners Association

Tax Info

  • Tax Annual Amount: 1144
  • Tax Block: 16
  • Tax Book Number: 1554
  • Tax Lot: 41

Multi Family

  • Approval Process: New Owners and Tenants need to be approved by the Owners Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2022
Closed on
Apr 20, 2023
Sold by
Unger Janice I Newman Le
Bought by
Bush Deborah Ann
Seller's Agent
JULIE WHITEHEAD
FLORIDA HOMES REALTY & MORTGAGE
Buyer's Agent
Galeann Montague
LA ROSA REALTY NORTH FLORIDA
List Price
$326,000
Sold Price
$310,500
Premium/Discount to List
-$15,500
-4.75%
Views
193
Current Estimated Value
$285,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,467
Avg. Annual Appreciation
-3.44%
Original Mortgage
$221,200
Outstanding Balance
$216,105
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$70,165

Purchase Details

Closed on
Nov 7, 2013
Sold by
Unger Janice
Bought by
Unger James

Purchase Details

Closed on
Feb 25, 2008
Sold by
Williams Lucia E
Bought by
Unger Janice I Newman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
5.46%
Mortgage Type
Unknown
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
Bush Deborah Ann $310,500 Flagler County Abstract
Unger James $11,000 None Available
Unger Janice I Newman $124,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bush Deborah Ann $221,200
Previous Owner Conimar Group Llc $60,000
Previous Owner Unger Janice I Newman $24,000
Previous Owner Williams Lucia $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $310,500 -1.7% $203 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
02/22/2023 02/22/23 Price Changed $316,000 -3.1% $207 / Sq Ft
12/26/2022 12/26/22 For Sale $326,000 -- $213 / 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 $1,171 $108,710 -- --
2023 $1,171 $105,917 $0 $0
2022 $1,144 $102,832 $0 $0
2021 $464 $99,837 $0 $0
2020 $465 $98,459 $0 $0
2019 $466 $96,245 $0 $0
2018 $1,066 $94,450 $19,000 $75,450
2017 $1,762 $86,690 $19,000 $67,690
2016 $1,619 $78,451 $0 $0
2015 $1,497 $71,319 $0 $0
2014 $1,350 $64,835 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC288101

Stellar MLS

APN: 07-11-31-7008-00160-0410