NOT LISTED FOR SALE

225 Lovelace Rd Forest City, NC 28043

Estimated Value: $217,000 - $278,000

3 Beds
2 Baths
2,306 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $138,600 $60 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,466/month

50 Days on Market

About This Home

As of October 2019

Spacious ranch home on corner lot is close to Highway 221. This home features a large family room with fireplace as well as a bonus room for any number of uses. 3 bedrooms and 2 full bathrooms complete the interior. The exterior features a large in-ground pool, an additional fenced area with play set and partially fenced front yard. Home is conveniently located close to schools. Buy this home and make it your own.

Last Agent to Sell the Property

Amy Jenkins

Main Street Realty Group LLC License #253924 Listed on: 03/29/2019

Last Buyer's Agent

Cricket Benfer

Asheville Luxury Brokers License #251564

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.68

Home Design

  • Ranch Style House
  • Vinyl Siding

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • Corner Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 912873
  • Tax Block 427/2/15

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.92462
  • Ratio Close Price By Original Li: 0.86679
  • Ratio Current Price By Acre: 203823.53
  • Ratio Current Price By Sq Ft: 60.10
  • Year Built: 1977
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace Description: FAMILYRM
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2306
  • Total Sq Ft: 2306

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 912873

Tax Info

  • Tax Value: 111900.00
  • Tax Block: 427/2/15
  • Tax Location: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Oct 15, 2019
Sold by
Tomblin Ashley E and Tomblin Christopher Michael
Bought by
Hicks John C and Hicks Shaina
Seller's Agent
Amy Jenkins
Main Street Realty Group LLC
Buyer's Agent
Cricket Benfer
Asheville Luxury Brokers
List Price
$159,900
Sold Price
$138,600
Premium/Discount to List
-$21,300
-13.32%
Current Estimated Value
$256,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,348
Avg. Annual Appreciation
10.76%
Original Mortgage
$140,600
Outstanding Balance
$125,273
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$131,675
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hicks John C $139,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks John C $140,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2019 10/17/19 Sold $138,600 -7.5% $60 / Sq Ft
05/18/2019 05/18/19 Pending -- -- --
05/01/2019 05/01/19 Price Changed $149,900 -6.3% $65 / Sq Ft
03/29/2019 03/29/19 For Sale $159,900 -- $69 / 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
2025 $1,365 $196,900 $10,000 $186,900
2024 $1,298 $196,900 $10,000 $186,900
2023 $952 $196,900 $10,000 $186,900
2022 $952 $111,100 $9,000 $102,100
2021 $924 $111,100 $9,000 $102,100
2020 $902 $111,100 $9,000 $102,100
2019 $900 $111,900 $9,000 $102,900
2018 $847 $102,600 $9,000 $93,600
2016 $825 $102,600 $9,000 $93,600
2013 -- $102,600 $9,000 $93,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3490298

Canopy MLS (Canopy Realtor® Association)

APN: 912873