The identifier “50 foreston woods drive 109” represents a specific, unique address. It combines a numerical street number with a street name and an apartment or unit designator. Such addresses are employed to pinpoint a precise location within a larger geographical area, enabling accurate mail delivery, emergency services dispatch, and property identification.
Accurate address designation is crucial for logistical efficiency and legal clarity. It allows businesses to target services, governments to administer resources, and individuals to receive communications effectively. Historically, the development of address systems has paralleled the growth of urban centers and the increasing need for structured location identification. The presence of a unit number, such as “109,” indicates a multi-unit dwelling, requiring further specificity for accurate location within the building.
Subsequent sections will elaborate on aspects related to property value assessments, zoning regulations applicable to residences, and potential market trends influencing real estate in the vicinity of properties identified by similar alphanumeric locators.
1. Property Location
The geographic position, designated as 50 foreston woods drive 109, is a primary determinant of its value and utility. Location influences a multitude of factors, from accessibility to environmental characteristics, shaping the occupant experience and the property’s overall marketability.
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Proximity to Amenities
The distance to essential services, such as grocery stores, schools, healthcare facilities, and transportation hubs, significantly impacts the property’s appeal. Shorter commutes, convenient access to shopping, and availability of quality education often translate to higher property values. Conversely, remoteness from such amenities may detract from its desirability.
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Neighborhood Characteristics
The surrounding neighborhood exerts a strong influence on perceived safety, community atmosphere, and overall quality of life. Factors like crime rates, school district rankings, community initiatives, and aesthetic appeal contribute to the area’s reputation and subsequently affect property values. A well-maintained and desirable neighborhood typically commands a premium.
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Environmental Factors
Environmental considerations, including air and water quality, noise levels, proximity to parks and green spaces, and potential exposure to natural hazards (e.g., flooding, wildfires), are increasingly relevant in property valuation. Properties situated in areas with clean air, access to recreational spaces, and minimal environmental risks tend to be more attractive to prospective buyers.
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Accessibility and Infrastructure
The ease of access to major roadways, public transportation options, and the quality of local infrastructure (roads, utilities, internet connectivity) are crucial considerations. Properties with convenient transportation links and reliable infrastructure support are generally more highly valued, facilitating daily commutes, business operations, and overall connectivity to the wider community.
These interrelated facets of location are inextricably linked to 50 foreston woods drive 109. The confluence of amenities, neighborhood attributes, environmental conditions, and accessibility defines the specific locational advantage or disadvantage conferred upon this particular address, shaping its value proposition within the real estate market.
2. Market Value
The market value assigned to 50 foreston woods drive 109 represents a critical assessment of its worth within the current real estate landscape. This valuation is not arbitrary; it is derived from a confluence of observable market forces and property-specific characteristics.
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Comparable Sales Analysis
A primary determinant of market value involves analyzing recent sales of similar properties in the same geographic area. Adjustments are made for differences in size, condition, features, and location. For instance, if a comparable unit in Foreston Woods recently sold for \$300,000, this provides a benchmark for the value of 50 foreston woods drive 109, accounting for any variations between the two properties. Fewer available comparables can make accurate valuation more challenging.
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Property Condition and Features
The physical condition of the property significantly impacts its market value. Upgrades, renovations, and overall maintenance contribute to its desirability. A well-maintained unit at 50 foreston woods drive 109 with updated appliances and fixtures would command a higher price than a similar unit in need of repair. Features such as a balcony, fireplace, or upgraded flooring also influence the perceived and actual value.
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Economic Conditions
Broader economic trends, including interest rates, employment rates, and overall economic growth, play a crucial role in shaping real estate values. Low interest rates tend to stimulate demand, driving prices upward, while economic downturns can have the opposite effect. Market value of 50 foreston woods drive 109 is susceptible to fluctuations in the regional or national economy. Increased development in the area could also put pressure on the market.
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Location and Neighborhood Amenities
As previously noted, location is a key driver of value. Proximity to amenities, quality of schools, safety, and access to transportation significantly influence the desirability of 50 foreston woods drive 109. A unit situated within walking distance of a park or in a highly rated school district would likely command a premium compared to a similar unit located in a less desirable area. Changes in the neighborhood, like the addition of a new business, can also impact value.
Ultimately, the market value of 50 foreston woods drive 109 reflects the price a willing buyer would likely pay to a willing seller in an open and competitive market. This assessment integrates a multitude of factors, both intrinsic to the property itself and extrinsic influences shaping the broader real estate environment. The interplay of these components determines the perceived worth and transactional reality of this specific address within the community.
3. Zoning Regulations
Zoning regulations exert a direct and profound influence on the permissible use and development potential of 50 foreston woods drive 109. These regulations, established by local governing bodies, dictate the types of activities that can legally occur on the property, influencing its value, habitability, and future prospects. For instance, if the property is zoned for single-family residential use, commercial operations or multi-family dwellings would be prohibited. Conversely, zoning designations allowing for mixed-use development could open avenues for renovations or expansions that incorporate commercial elements. Strict adherence to zoning ordinances is imperative, as violations can result in fines, legal action, or forced modifications to bring the property into compliance. The designated zoning also impacts aspects like building height, setbacks from property lines, and parking requirements, which directly affect the physical characteristics and functionality of the residence.
Consider a scenario where the zoning for 50 foreston woods drive 109 transitions from single-family residential to a higher-density residential designation. This change would potentially enable the owner to subdivide the lot or construct additional dwelling units, significantly increasing the property’s investment potential. However, such a change would also require navigating complex permitting processes, adhering to stricter building codes, and addressing potential concerns from neighboring residents regarding increased traffic or reduced privacy. Real-world examples abound where property owners have sought zoning variances to deviate from existing regulations, either to accommodate unique circumstances or to pursue development opportunities that would otherwise be disallowed. These cases often involve public hearings and negotiations with local authorities, highlighting the importance of understanding and engaging with the zoning process.
In summary, zoning regulations function as a foundational framework that shapes the boundaries of what is permissible at 50 foreston woods drive 109. Understanding these regulations is critical for property owners, prospective buyers, and real estate professionals alike, as it informs decisions related to property use, development, and investment. Challenges may arise when attempting to modify existing zoning designations or secure variances, underscoring the need for thorough research, strategic planning, and effective communication with local zoning officials. The interplay between zoning regulations and individual properties like 50 foreston woods drive 109 underscores the broader theme of how government oversight shapes the real estate landscape and influences community development.
4. Property Taxes
The designation “50 foreston woods drive 109” is inextricably linked to the assessment and collection of property taxes. These taxes represent a compulsory levy imposed by the local governing authority on the assessed value of the real estate. Payment of these taxes is non-negotiable; failure to remit property taxes can result in liens being placed on the property, ultimately culminating in foreclosure proceedings if the debt remains unresolved. The revenue generated from these taxes directly funds essential public services, including schools, infrastructure maintenance (roads, water, sewer), emergency services (police, fire), and other community programs. Therefore, property taxes serve as a foundational financial component for the municipality and are directly tied to the address, influencing the quality of services available to its residents and impacting the overall desirability of the location. For instance, a higher tax rate at “50 foreston woods drive 109” might correspond with superior schools or more robust infrastructure compared to areas with lower tax rates, which could indirectly affect property values.
The assessed value of “50 foreston woods drive 109,” upon which the property tax is calculated, is determined by local assessors. These assessors evaluate various factors, including the property’s size, condition, features, and recent sales data of comparable properties. While attempts are made to ensure fairness, discrepancies can occur, leading property owners to challenge their assessments. This process typically involves presenting evidence to demonstrate that the assessed value exceeds the property’s actual market value. If a challenge is successful, the assessed value is adjusted downward, resulting in a reduction in the property tax liability for “50 foreston woods drive 109.” Furthermore, various exemptions or credits may be available to homeowners, depending on their circumstances (e.g., senior citizen exemptions, homestead exemptions, veteran exemptions). These exemptions reduce the taxable value of the property, thereby lowering the amount of property tax owed. Understanding these exemptions and actively seeking them when applicable is crucial for managing the financial burden of homeownership.
In summary, property taxes are a fundamental aspect of owning real estate, and “50 foreston woods drive 109” is no exception. The ongoing cost of property taxes, the potential for fluctuations in assessed value, and the possibility of securing exemptions all contribute to the financial realities of residing at this specific address. Accurately budgeting for property taxes and proactively managing the assessment process are essential for responsible homeownership. The challenge lies in navigating the often-complex property tax system and ensuring that assessments are fair and equitable, reflecting the true market value of the property and maximizing available tax relief options.
5. Ownership Records
Ownership records serve as the definitive legal documentation establishing the rightful owner(s) of the property located at 50 foreston woods drive 109. These records are maintained by governmental entities and provide a traceable history of all transactions affecting the title to the property. The accuracy and completeness of these records are paramount, influencing the security of property rights and the validity of real estate transactions.
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Title Search and Examination
Prior to any sale or refinancing of 50 foreston woods drive 109, a title search is conducted to examine the ownership records. This search aims to identify any potential encumbrances or defects in the title, such as outstanding liens, mortgages, easements, or legal claims. A comprehensive title examination is crucial to ensure that the buyer receives a clear and marketable title, free from any impediments that could jeopardize their ownership rights. For example, the title search might reveal an unpaid contractor’s lien filed against the property by a previous owner, which would need to be resolved before the sale could proceed.
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Deeds and Conveyances
Deeds are the legal instruments used to transfer ownership of 50 foreston woods drive 109 from one party to another. Each deed contains a detailed description of the property, the names of the grantor (seller) and grantee (buyer), and the terms of the transfer. Deeds are recorded in the public records to provide notice to the world of the change in ownership. Different types of deeds offer varying levels of protection to the buyer. A warranty deed, for instance, provides the highest level of assurance that the seller has clear title to the property and will defend the buyer against any future claims. A quitclaim deed, on the other hand, offers no such guarantees and is often used in situations where the seller’s ownership is uncertain.
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Mortgages and Liens
If the owner of 50 foreston woods drive 109 financed the purchase with a mortgage, the mortgage is also recorded in the ownership records. The mortgage creates a lien on the property, giving the lender the right to foreclose if the borrower fails to make the required payments. Other types of liens, such as tax liens or judgment liens, can also be attached to the property. These liens represent debts owed by the owner that are secured by the property. The presence of mortgages or liens in the ownership records can affect the property’s value and transferability.
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Easements and Restrictions
Ownership records may also contain easements and restrictions that affect the use of 50 foreston woods drive 109. An easement grants another party the right to use a portion of the property for a specific purpose, such as a utility company’s right to maintain power lines. Restrictions, also known as covenants, conditions, and restrictions (CC&Rs), are limitations on how the property can be used. CC&Rs are common in planned communities and can regulate aspects such as architectural styles, landscaping, and pet ownership. These easements and restrictions bind all subsequent owners of the property.
The information contained within the ownership records is readily available to the public, providing transparency and accountability in real estate transactions. Maintaining accurate and up-to-date records is essential for protecting property rights, preventing fraud, and facilitating the smooth transfer of real estate. The legal status and ownership history of 50 foreston woods drive 109 are definitively established through these comprehensive and accessible records, enabling informed decisions by buyers, sellers, and lenders alike.
6. Utilities Access
The term “Utilities Access” refers to the availability and reliability of essential services at 50 foreston woods drive 109. These services encompass electricity, natural gas or other heating fuel, potable water, sewage disposal, and increasingly, high-speed internet and telecommunications infrastructure. Uninterrupted access to these utilities is not merely a convenience but a fundamental requirement for habitability and significantly influences the property’s value and marketability. The absence or deficiency of any of these services directly impacts the living conditions at the specified address. For example, a disruption in electrical service renders lighting, refrigeration, and climate control systems inoperable, thereby compromising basic comfort and safety. Similarly, inadequate water pressure or unreliable sewage disposal can create unsanitary conditions and pose health risks to occupants. The presence of all essential utilities, functioning at optimal levels, is thus a prerequisite for a functional residential property.
The responsibility for providing and maintaining utilities access typically rests with public or private utility companies, though homeowners are responsible for their internal infrastructure from the point of connection. The reliability of utilities can be influenced by factors such as the age and condition of the infrastructure, weather conditions, and the efficiency of the service providers. Interruptions due to planned maintenance, unexpected outages, or natural disasters can create significant challenges for residents. In some cases, 50 foreston woods drive 109 might benefit from redundant utility systems, such as a backup generator or a private well, to mitigate the impact of service disruptions. The costs associated with utilities consumption, including monthly bills for electricity, gas, water, and internet, also represent a significant component of the overall cost of occupancy. Energy-efficient appliances and insulation can help to reduce these costs, thereby enhancing the property’s appeal to prospective buyers or renters.
In summary, “Utilities Access” is an indispensable component of 50 foreston woods drive 109, shaping its habitability, value, and market appeal. Understanding the availability, reliability, and cost of utilities is crucial for assessing the suitability of the property as a residence or investment. Challenges related to utility interruptions, aging infrastructure, and rising costs necessitate proactive management and investment in energy efficiency to ensure the long-term functionality and value of the property. The interplay between utilities access and residential properties like 50 foreston woods drive 109 underscores the critical role of infrastructure in sustaining modern living and fostering community well-being.
7. Local Amenities
The concept of “Local Amenities” directly pertains to the value and desirability of 50 foreston woods drive 109. The proximity and quality of nearby resources significantly influence resident quality of life and subsequently, the property’s market attractiveness.
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Proximity to Green Spaces
The accessibility of parks, trails, and other natural environments contributes to recreational opportunities and overall well-being. The presence of well-maintained green spaces near 50 foreston woods drive 109 enhances the property’s appeal. Conversely, a lack of such amenities may diminish its desirability, particularly for residents valuing outdoor activities.
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Educational Institutions
The quality and proximity of schools, from elementary to higher education, play a vital role. Families with children often prioritize locations within reputable school districts. Therefore, the presence of highly-rated schools near 50 foreston woods drive 109 can positively influence property values and attract prospective buyers or renters.
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Retail and Commercial Services
The availability of convenient shopping options, restaurants, and other commercial establishments impacts daily convenience. Proximity to grocery stores, pharmacies, and various service providers reduces travel time and enhances overall quality of life. Therefore, the presence of diverse retail and commercial services in close proximity to 50 foreston woods drive 109 contributes to its market appeal.
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Healthcare Facilities
Access to medical care is a crucial consideration for many residents. The proximity of hospitals, clinics, and doctors’ offices provides peace of mind and ensures timely access to healthcare services. Therefore, the presence of reputable healthcare facilities near 50 foreston woods drive 109 contributes to its overall attractiveness, particularly for families and older adults.
The combination of these amenities collectively shapes the living experience at 50 foreston woods drive 109. A comprehensive assessment of these factors offers valuable insight into the property’s appeal and its position within the local real estate market. Differences in proximity and quality compared to similar addresses create a unique marketability profile.
Frequently Asked Questions Regarding 50 foreston woods drive 109
This section addresses common inquiries concerning the property located at 50 foreston woods drive 109, providing factual information to clarify potential questions.
Question 1: What are the current property tax obligations associated with 50 foreston woods drive 109?
Property tax amounts are determined by the local taxing authority based on the assessed value of the property. Specific tax amounts are subject to change annually and are available through the county assessor’s office or the local government’s website. Historical tax records are also typically accessible for review.
Question 2: What zoning regulations govern the use of 50 foreston woods drive 109?
Zoning regulations are established by the local municipality and dictate the permissible uses of the property. These regulations may restrict activities such as commercial operations or the construction of additional structures. Detailed zoning information is available from the local planning and zoning department.
Question 3: How is the market value of 50 foreston woods drive 109 determined?
Market value is assessed through a combination of factors, including recent sales of comparable properties in the area, the physical condition of the property, and prevailing economic conditions. Professional appraisals provide a comprehensive evaluation of market value.
Question 4: Are there any known easements or restrictions on the property at 50 foreston woods drive 109?
Easements or restrictions may exist that affect the use of the property, such as utility easements or homeowners’ association covenants. A title search conducted by a qualified title company will reveal any recorded easements or restrictions.
Question 5: What utilities are currently available at 50 foreston woods drive 109?
Typically, residential properties are connected to essential utilities, including electricity, water, sewer, and natural gas (or alternative heating sources). Availability and service providers may vary. Verification of current utility connections is recommended.
Question 6: What local amenities are accessible from 50 foreston woods drive 109?
The accessibility of local amenities, such as schools, parks, shopping centers, and healthcare facilities, contributes to the property’s desirability. Proximity to these amenities can influence property values and resident quality of life. Publicly available maps and online search tools offer detailed information about local amenities.
Understanding these aspects is crucial for informed decision-making related to 50 foreston woods drive 109. Seeking professional guidance from real estate agents, attorneys, and appraisers is advised for comprehensive due diligence.
The subsequent section will explore recent real estate trends affecting properties similar to this address, offering a perspective on current market dynamics.
Navigating Considerations for 50 foreston woods drive 109
The following guidelines provide focused considerations applicable to evaluating the property at the specified address. These tips emphasize due diligence and informed decision-making.
Tip 1: Conduct a Thorough Title Search: Ensure a comprehensive title search is performed by a reputable title company. This will identify any existing liens, easements, or encumbrances that may affect the property’s ownership or use.
Tip 2: Verify Zoning Compliance: Confirm that the current use of the property is in compliance with all applicable zoning regulations. Obtain official documentation from the local zoning authority to ascertain any restrictions or limitations on potential future development.
Tip 3: Assess Property Tax Obligations: Obtain current property tax records from the local tax assessor’s office. Evaluate the historical trend of property tax assessments and factor this into long-term ownership costs.
Tip 4: Evaluate Utilities Infrastructure: Investigate the reliability and capacity of the utilities serving 50 foreston woods drive 109. Inquire about any planned infrastructure upgrades or potential service disruptions that may impact the property.
Tip 5: Research Local Amenities: Conduct research on the quality and proximity of essential amenities, including schools, healthcare facilities, and transportation options. These factors significantly influence the property’s overall desirability and market value.
Tip 6: Review Homeowners Association (HOA) Documents (If Applicable): If 50 foreston woods drive 109 is part of a homeowners association, carefully review the HOA’s governing documents, including bylaws and covenants, conditions, and restrictions (CC&Rs). These documents outline the rules and regulations governing the community and may impose restrictions on property use and modifications.
Tip 7: Obtain a Professional Property Inspection: Engage a qualified property inspector to conduct a comprehensive assessment of the property’s structural integrity, mechanical systems, and overall condition. Address any identified deficiencies prior to finalizing a purchase agreement.
Adherence to these guidelines promotes a comprehensive understanding of the property and mitigates potential risks associated with ownership. Due diligence is paramount.
This concludes the key considerations. Subsequent sections will explore the future outlook for properties similar to 50 foreston woods drive 109.
Conclusion
This examination of 50 foreston woods drive 109 has underscored the multifaceted nature of a seemingly simple address. It is more than a location; it is a nexus of legal obligations, economic considerations, and social factors. Aspects ranging from property taxes and zoning regulations to utilities access and local amenities contribute to the property’s overall value and inhabitant experience. Diligent assessment of these components remains crucial for informed decision-making in the real estate domain.
The complexities associated with 50 foreston woods drive 109 are representative of broader issues within property ownership. As such, continued awareness of market dynamics, regulatory changes, and infrastructural developments is paramount. The enduring significance of thorough due diligence cannot be overstated in navigating the landscape of real estate investment and residential planning.
