NOT LISTED FOR SALE

127 Forest Lake Ct Mount Gilead, NC 27306

Estimated Value: $1,126,000 - $1,257,000

4 Beds
3.5 Baths
3,011 Sq Ft
$388/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $1,175,000 $390 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,828/month

62 Days on Market

Highlights

  • Boathouse
  • Traditional Architecture
  • 2 Car Attached Garage
  • Waterfront
  • Wood Flooring
  • Laundry Room

About This Home

As of August 2024

Swift Island Plantation - Come Live the Lake Dream in this upscale gated community!! This 4-bedroom, 3.5 bath waterfront home is awaiting your pleasure. Features include an open floor plan with primary suite on the main level. The main level great room includes wood floors and a beautiful stone fireplace with gas logs and a 12' trey ceiling. The kitchen has a convenient walk-in pantry, and all the closets in the house have adjustable shelving. In the basement there is a finished area that is plumbed for a wet bar; and an unfinished basement area which is ideal for workshop or additional storage. Outside, this home has a covered patio and a covered deck for entertaining. Also outside, is an attached 2-car garage, a lawn irrigation system, and a one-slip boathouse with a 6,500 lbs boat lift and ski port. There is an adjacent vacant waterfront lot with 1.25 acres available. MLS #4128168.

Last Agent to Sell the Property

Kat Mcrae

New South Realty, Inc Brokerage Email: kat@newsouthrealty.com License #C6975 Listed on: 04/16/2024

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,786

Year Built

  • Built in 2018

Lot Details

  • Waterfront
  • Sloped Lot

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Propane Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Basement
  • Exterior Basement Entry
  • Laundry Room

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

Outdoor Features

  • Boathouse

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Mike King Association, Phone Number (304) 482-1402
  • Roxane Allen Association, Phone Number (704) 985-2717
  • Built by DanielAdamsConst
  • Swift Island Plantation Subdivision, Silvergate/Dongarner Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 6575-07-58-2477

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,786

Year Built

Built in 2018

Lot Details

0

HOA Fees

$77 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2018
  • Restrictions: Architectural Review
  • Special Assessment Yn: 1
  • Special Assessment Description: Duke Energy Waterfront lease
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 390.24
  • Geocode Confidence: High
  • Attribution Contact: kat@newsouthrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1713
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 550
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 550
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator, Wall Oven
  • Above Grade Finished Sq Ft: 1713
  • Has Basement: Exterior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1298
  • Fireplace Features: Gas Log, Gas Vented, Great Room, Propane
  • Living Area: 3011
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 14
  • Sq Ft Other: 0
  • Bedroom Basement: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Year Round
  • Water Body Name: Lake Tillery
  • Waterfront Features: Boat House
  • Construction Type: Stone Veneer, Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 562
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Heat Pump, Zoned
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 925
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Roxane Allen
  • Association Name: Mike King
  • Association Phone #2: 704-985-2717
  • Phone: 304-482-1402
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 925.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Sloped, Waterfront
  • Lot Size Area: 0.56
  • Lot Size Units: Acres
  • Parcel Number: 6575-07-58-2477
  • Plat Book Slide: E / 10-A
  • Plat Reference Section Pages: E / 10-A
  • Development Status: Completed
  • Lot Size: Irregular 0.56 ac
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: DanielAdamsConst

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Aug 9, 2024
Sold by
Ouellet Simon Pierre
Bought by
Crawford Christopher Myles and Webb Stephen P
Seller's Agent
Kat Mcrae
New South Realty, Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$1,200,000
Sold Price
$1,175,000
Premium/Discount to List
-$25,000
-2.08%
Views
4
Current Estimated Value
$1,167,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,003
Avg. Annual Appreciation
-0.57%
Original Mortgage
$998,750
Outstanding Balance
$989,224
Interest Rate
6.86%
Mortgage Type
Construction
Estimated Equity
$178,773

Purchase Details

Closed on
Jan 20, 2021
Sold by
Jordan Lumber & Supply Inc
Bought by
Ouellet Simon Pierre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2019
Sold by
Lake Tillery Development Llc
Bought by
Jordan Lumber & Supply Inc

Purchase Details

Closed on
Jul 26, 2017
Sold by
Btr Land And Timber Company Llc
Bought by
Lake Tillery Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Crawford Christopher Myles $1,175,000 None Listed On Document
Ouellet Simon Pierre $700,000 None Available
Jordan Lumber & Supply Inc $772,500 None Available
Lake Tillery Development Llc $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crawford Christopher Myles $998,750
Previous Owner Ouellet Simon Pierre $548,250
Previous Owner Lake Tillery Development Llc $760,000
Previous Owner Lake Tillery Development Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $1,175,000 -2.1% $390 / Sq Ft
04/16/2024 04/16/24 For Sale $1,200,000 -- $399 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,786 $730,757 $142,800 $587,957
2023 $4,786 $730,757 $142,800 $587,957
2022 $4,786 $730,757 $142,800 $587,957
2021 $4,786 $730,757 $142,800 $587,957
2020 $4,786 $730,757 $142,800 $587,957
2018 $1,386 $210,000 $210,000 $0
2017 $1,386 $210,000 $210,000 $0
2016 $1,386 $210,000 $210,000 $0
2015 $1,281 $210,000 $0 $0
2014 $1,281 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4127554

Canopy MLS (Canopy Realtor® Association)

APN: 6575-07-58-2477