Pine Forest Royale HOA

  • Starting From $120,000
Trailwood Drive, Pine Forest Royale, Pine Forest, Escambia County, Florida, 32533, United States of America
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Pine Forest Royale HOA

Trailwood Drive, Pine Forest Royale, Pine Forest, Escambia County, Florida, 32533, United States of America
  • Starting From $120,000

Description

Welcome to Pine Forest Royale (Trailwood Dr, 32533) designed with young and growing families in mind. This community features single-family detached homes on spacious home-sites in addition to attached housing.  Underground utilities, lighted sidewalks, playground and community park, swimming pool, gazebos and landscape services provided.  Our community is professionally managed by myHomeSpot.com intending to protect our property value and allow our neighbors to enjoy quiet living.

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Type 2 Attached Unit Paint Colors:
PAINT MATERIAL:  SHERWIN WILLIAMS – SUPER PAINT – SATIN FINISH
BLUE COLOR:  – CUSTOM COLOR BLUE VALSPAR- DURAMAX B4-336702/101-26, 10233, 113-1y26, 217-10/ 20190426163042 SATIN FINISH
GREEN COLOR:  BUCOLIC GREEN (HGSW2301) – SATIN FINISH

SPECIAL ASSESSMENTS

06/2019 – Type 2 Special Assessment for Roof Replacement/Repair as of 8/1/2019:
-36mo payment plan: $108.10/mo ($312 interest paid) $3892 total repayment
-24mo payment plan: $157.86/mo ($209 interest paid) $3789 total repayment
-Pay in Full: $3580

 

2019 Disclosures:
-Each Unit Owner shall be responsible for pressure washing their home, driveway, curb and sidewalk.

154 Lots within 3 Plats (Unit 1, Unit 2, Unit 3)

Unit 1 – 50 Lots
Unit 2 – 52 Lots
Unit 3 – 52 Lots

Lot 1 Assessment Type (66 Detached Single Family Homes):
Unit 1 , Block A: Lots 1-6, 13-17, 77-82, 89-94;
Unit 1, Block B: Lots 1-3;
Unit 1, Block C: Lots 1-3;

Lot 2 Assessment Type (16 Buildings consisting of 88 Attached Units):
Unit 1 , Block A: Lots 7-12, 83-88;
Unit 1 , Block B: Lots 4-8;
Unit 1 , Block C: Lots 4-8;

Unit 2, Block A: Lots 18-23
Unit 2, Block A: Lots 24-29
Unit 2, Block A: Lots 36-41

Unit 3, Block A: Lots 55-60
Unit 3, Block A : Lots 66-71
Unit 3, Block A: Lots 72-77
Unit 3, Block C: Lots 9-13
Unit 3, Block C: Lots 18-22
Unit 3, Block C: Lots 23-27

Additional Purposes of Lot 2 Assessments:
Roof Maintenance and Replacement, Painting of Exterior (excludes doors, windows, shutters and railings), Pruning of Bushes, Weeding and Mowing of Grass.

The budget shall itemize the annual expense for roof repair, roof replacement, exterior cleaning to be assessed solely to Type 2 Lots.  The cost of landscape service shall be allocated 46% to Type 2 Lots (Type 1 Lots are allocated 54%).

LIMITED RESERVE FUNDING BY ASSOCIATION
THE BUDGET OF THE ASSOCIATION PROVIDES FOR LIMITED VOLUNTARY DEFERRED EXPENDITURE ACCOUNTS, INCLUDING CAPITAL EXPENDITURES AND DEFERRED MAINTENANCE, SUBJECT TO LIMITS ON FUNDING CONTAINED IN OUR GOVERNING DOCUMENTS. BECAUSE THE OWNERS HAVE NOT ELECTED TO PROVIDE FOR RESERVE ACCOUNTS PURSUANT TO SECTION 720.303(6), FLORIDA STATUTES, THESE FUNDS ARE NOT SUBJECT TO THE RESTRICTIONS ON USE OF SUCH FUNDS SET FORTH IN THAT STATUTE, NOR ARE RESERVES CALCULATED IN ACCORDANCE WITH THAT STATUTE.

 

ASSESSMENT HISTORY
Lot 1 Type (Detached Units)
2020 Assessment $747/yr $373 installment (Operating: $154, Common Reserve $77, Landscape $142)
2019 Assessment $747/yr $373.50 installment (Operating: $171, Common Reserve

Lot 2 Type (Attached Units)
2020 Assessment to $900/yr $450 installment (Operating: $171, Common Reserve $77, Landscape $91, Roof Replace $110, Roof Repair $18)

BOARD OF DIRECTORS
President: Marti Hearn
Vice President: Roger Workman
Treasurer: Meri-Beth Marks
Secretary: Mark Casta
Board of Directos: pineforest@myHomeSpot.com

  • Address Trailwood Drive
  • City Pensacola
  • State/county Escambia County, FL
  • Zip/Postal Code 32533

Details

  • Property ID: PINE
  • Year Built: 02/23/2000
  • Property Type: Attached/Detached Homes
  • Property Status: Pine Forest Royale
  • Lot/Unit Count: 154
  • Community Phases: 3
  • Access Devices: No
  • Reserve Study: No
  • Reserve Funding: Underfunded
  • Assessment Frequency: Semi-Annual
  • Assessment Due: Jan-July
  • Assessment 2020 Rate: Type 1 (Detached) $747/yr Type 2 (Attached) $900/yr
  • Assessment History: Lot 1 Type (Detached Units) 2020 Assessment $747/yr $373 installment (Operating: $154, Common Reserve $77, Landscape $142) 2019 Assessment $747/yr $373.50 installment (Operating: $171, Common Reserve /// Lot 2 Type (Attached Units) 2020 Assessment to $900/yr $450 installment (Operating: $171, Common Reserve $77, Landscape $91, Roof Replace $110, Roof Repair $18)
  • BOD Composition: 3+ Directors
  • BOD Term: 2 year staggered
  • BOD Meeting Frequency: Quarterly
  • BOD Meeting Location: Off-Site
  • BOD Email: pineforest@myhomespot.com
  • BOD President: Marti Hearn
  • BOD VPresident: Roger Workman
  • BOD Treasurer: Meri-Beth Marks
  • BOD Secretary: Mark Casta
  • Annual Meeting: July
  • ACB Meeting Location: On-Site
  • ACB Meeting Frequency: As Needed
  • ACB Chairperson: Roger Workman
  • ACB Group Email: pineforest@myhomespot.com

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