NOT LISTED FOR SALE

1508 Forest Park Dr Unit 1508 Statesville, NC 28677

Estimated Value: $275,000 - $298,000

2 Beds
2 Baths
1,500 Sq Ft
$225/mo HOA Fee

Last Sold November 02, 2023

Last sale price $270,000 $180 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,976/month

1 Day on Market

Highlights

  • Deck
  • Front Porch
  • Patio
  • Wood Flooring
  • 1 Car Attached Garage
  • Tankless Water Heater

About This Home

As of November 2023

Are you looking for a flawless, virtually maintenance free, turnkey home? Well look no further! This amazing 2 bed 2 bath unit is located in the quiet and established Chestnut Commons Complex! This beautiful condominium unit has countless updates and upgrades awaiting you. Gorgeous flooring, recently updated kitchen and bath, and an inviting sunroom are just a few of the attractive qualities that this unit provides. More practical, but just as important, are a brand new roof, recently replaced HVAC unit and an attached garage! The large front patio and serene back deck will make relaxing a breeze. This is undeniably an opportunity that you cannot miss!

Last Agent to Sell the Property

Thomas Gregory

Lake Norman Realty, Inc. License #297746 Listed on: 10/11/2023

Lake Norman Realty, Inc.

Last Buyer's Agent

Marco Corcoran

Howard Hanna Allen Tate Statesville License #308388

Howard Hanna Allen Tate Statesville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,850

Year Built

  • Built in 1998

Lot Details

  • 1,742

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • 2 Open Parking Spaces

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wired For Data
  • Gas Log Fireplace
  • Laundry closet

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Chestnut Commons HOA, Phone Number (704) 872-4429
  • Chestnut Commons Condos
  • Chestnut Commons Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 4744-79-4505.513

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,850

Year Built

Built in 1998

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Year Built: 1998
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: Undiscovered
  • Proposed Special Assessment Desc: Undiscovered
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 180.00
  • Property Sub Type Additional: Fourplex,N/A
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1500
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 375
  • Sq Ft Unheated Total: 375
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater
  • Above Grade Finished Sq Ft: 1500
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Living Area: 1500
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Deck, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Utilities: Cable Connected, Electricity Connected, Gas, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Chestnut Commons
  • Senior Community: No
  • Association Name: Chestnut Commons HOA
  • Phone: 704-872-4429
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2700.00

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 4744-79-4505.513
  • Zoning: R5MF
  • Plat Book Slide: CB1-55
  • Land Included Yn: 0
  • Development Status: Completed
  • Lot Size: 31x58x31x46
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5MF

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Nov 2, 2023
Sold by
Walker Tony Dean
Bought by
Walent Sonja and Brown Ramona
Seller's Agent
Thomas Gregory
Lake Norman Realty, Inc.
Buyer's Agent
Marco Corcoran
Howard Hanna Allen Tate Statesville
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%
Views
23
Current Estimated Value
$286,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,563
Avg. Annual Appreciation
2.95%

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 15, 2021
Sold by
Griffith Shannon Moose and Griffith Randall Omen
Bought by
Walker Tony Dean
Seller's Agent
Shannon Griffith
Tarheel Realty II
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$168,750
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 8, 2018
Sold by
Brown Ruth Lois
Bought by
Godfrey Susan Cavendish and Susan Cavendish Godfrey Revocable Living
Seller's Agent
Angie Travis-Roberts
Keller Williams Unified
Buyer's Agent
Shannon Griffith
Tarheel Realty II
List Price
$157,500
Sold Price
$147,500
Premium/Discount to List
-$10,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%

Purchase Details

Closed on
Mar 28, 2013
Sold by
Lee Joe Nathan and Lee Joan Ailes
Bought by
Brown Ruth Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
3.57%
Mortgage Type
VA

Purchase Details

Closed on
Oct 14, 2011
Sold by
Tucker Peggy B and Tucker Paul Jeffrey
Bought by
Lee Joe Nathan and Lee Joan Ailes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 1999
Sold by
Chestnut Commons Llc
Bought by
Tucker Peggy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,288
Interest Rate
6.77%

Purchase Details

Closed on
Aug 1, 1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Walent Sonja $270,000 None Listed On Document
Walent Sonja $270,000 None Listed On Document
Walker Tony Dean $225,000 None Available
Griffith Shannon M -- None Available
Godfrey Susan Cavendish $147,500 None Available
Brown Ruth Lois $116,000 None Available
Lee Joe Nathan $122,000 None Available
Tucker Peggy B $120,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Griffith Shannon M $168,750
Previous Owner Brown Ruth Lois $116,000
Previous Owner Lee Joe Nathan $97,600
Previous Owner Tucker Peggy B $20,288
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2023 11/02/23 Sold $270,000 -3.5% $180 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $279,900 +24.4% $187 / Sq Ft
12/17/2021 12/17/21 Sold $225,000 0.0% $173 / Sq Ft View Prior Sale
11/18/2021 11/18/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $225,000 +52.5% $173 / Sq Ft
05/14/2018 05/14/18 Sold $147,500 -6.3% $96 / Sq Ft View Prior Sale
04/15/2018 04/15/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $157,500 -- $102 / 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 $2,850 $257,440 $30,000 $227,440
2023 $2,393 $229,240 $30,000 $199,240
2022 $1,720 $147,380 $20,000 $127,380
2021 $828 $147,380 $20,000 $127,380
2020 $888 $147,380 $20,000 $127,380
2019 $880 $147,380 $20,000 $127,380
2018 $1,383 $120,110 $19,000 $101,110
2017 $1,345 $118,770 $19,000 $99,770
2016 $1,345 $118,770 $19,000 $99,770
2015 $1,141 $116,110 $19,000 $97,110
2014 $1,241 $132,810 $21,000 $111,810
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4077294

Canopy MLS (Canopy Realtor® Association)

APN: 4744-79-4505.513