NOT LISTED FOR SALE

229 Forest Abbey Ln China Grove, NC 28023

Estimated Value: $480,172 - $523,000

3 Beds
2.5 Baths
2,150 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 26, 2016

Last sale price $230,500 $107 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,899/month

3 Days on Market

Highlights

  • Great Room with Fireplace
  • Elevator
  • 2 Car Garage
  • Covered Patio or Porch
  • Walk-In Closet
  • Lot Has A Rolling Slope

About This Home

As of July 2016

This home is beautifully appointed with elegant moldings, wood trim features and a fire place in the Great Room. Wood floors are in the foyer & entry hall, great room, & dining area. Tile floors in the kitchen, granite kitchen counter tops, and stainless appliances remain. Prior to placing the home on the market the owner installed (per year 2016): NEW CARPET, NEW ROOF using dimensional/architectural style shingles, & a WATER HEATER. The home features a fenced rear yard with an in-ground swimming pool. The concrete driveway leads to a double attached garage with side entry. The garage has extra storage shelves & a sink. Schools: China Grove Elementary, China Grove Middle & South Rowan High

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 2000

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 125' x 160'
  • Property fronts an interstate
  • Lot Has A Rolling Slope
  • Possible uses of the property include Gardening, Other - See Remarks, Residential

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2,150 Sq Ft Home
  • Gas Log Fireplace
  • Window Treatments
  • Great Room with Fireplace

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Schools

  • China Grove Elementary And Middle School
  • South Rowan High School

Utilities

  • Heat Pump System
  • Septic Tank
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 049

Community Details

Overview

  • Forest Abbey HOA
  • Forest Abbey Subdivision

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,012

Year Built

Built in 2000

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Other
  • Year Built: 2000
  • Inclusions: Building
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Walk-In Closet(s)
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening, Other - See Remarks, Residential
  • Appliances: Dishwasher, Exhaust Hood, Microwave, Refrigerator
  • Has Basement: Exterior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 2150
  • Window Features: Window Treatments
  • Room Count: 7

Exterior Features

  • Roof: Composition
  • Construction Type: Brick Partial, Concrete Block, Metal, Vinyl, Other - See Remarks
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Private Sewer, Septic Installed, Other - See Remarks
  • Green Building Features: Elevator
  • Cooling: Heat Pump
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Association Name: Forest Abbey HOA
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: China Grove

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Area: 0.46
  • Lot Size Units: Acres
  • Parcel Number: 049
  • Lot Size Acres: 0.46
  • Lot Size: 125' x 160'
  • Lot Size Sq Ft: 20037
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: China Grove
  • High School: South Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jul 26, 2016
Sold by
Slade Eric D and Slade Kari L
Bought by
Vasquez Jose G and Vasquez Ruben
List Price
$239,000
Sold Price
$230,500
Premium/Discount to List
-$8,500
-3.56%
Current Estimated Value
$497,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,293
Avg. Annual Appreciation
8.68%
Original Mortgage
$226,324
Outstanding Balance
$184,932
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$312,861

Purchase Details

Closed on
Feb 6, 2003
Bought by
Slade Eric D and Slade Wf
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
Vasquez Jose G $230,500 None Available
Slade Eric D $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Jose G $226,324
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2016 10/24/16 Off Market $230,500 -- --
07/26/2016 07/26/16 Sold $230,500 -3.6% $107 / Sq Ft
06/04/2016 06/04/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $239,000 -- $111 / 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 $3,012 $444,620 $30,000 $414,620
2024 $3,012 $444,620 $30,000 $414,620
2023 $3,012 $444,620 $30,000 $414,620
2022 $1,785 $236,368 $23,500 $212,868
2021 $1,737 $236,368 $23,500 $212,868
2020 $1,737 $236,368 $23,500 $212,868
2019 $1,737 $236,368 $23,500 $212,868
2018 $1,610 $220,823 $23,500 $197,323
2017 $1,610 $220,823 $23,500 $197,323
2016 $1,610 $220,823 $23,500 $197,323
2015 $1,634 $220,823 $23,500 $197,323
2014 $1,667 $235,589 $36,500 $199,089
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R58815

Canopy MLS (Canopy Realtor® Association)

APN: 119-B049