NOT LISTED FOR SALE

3400 Forest Ln Pfafftown, NC 27040

Estimated Value: $387,000 - $450,000

4 Beds
3 Baths
3,300 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $370,000 $112 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,708/month

27 Days on Market

Highlights

  • Living Room with Fireplace
  • Dutch Colonial Architecture
  • Solid Surface Countertops
  • Partially Wooded Lot
  • Wood Flooring
  • Circular Driveway

About This Home

As of August 2022

Spacious yet cozy home on .75 acre lot features newer kitchen with antiqued white cabinetry, soft close drawers, granite tops, and stainless steel appliances. Recently updated shared hall bath and primary bath completed 7/22. Secret bookcase/door offers a private hangout off one bedroom. Bonus upstairs isn't heated, but comfortable so seller currently uses as a bedroom. Lots of flex space for office, crafts, etc. Full basement with outside access for storage or the hobbyist. Nice proximity to future Northern beltway. See map.

Last Listed By

Paige Dillon

Berkshire Hathaway HomeServices Carolinas Realty License #106056 Listed on: 07/13/2022

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,134

Year Built

  • Built in 1965

Lot Details

  • 0.75 Acre Lot
  • Partially Wooded Lot
  • Property is zoned RS20

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Dutch Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 3,109 Sq Ft Home
  • 2,700-3,300 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • 4 Fireplaces
  • Den with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Lake Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6809222515
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,134

Year Built

Built in 1965

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Subdivision Name: Lake Hills
  • Directions: Reynolda - Right on Bethania Road - Right on Main St. - Left Bethania Place - Left Whippoorwill Dr. - Right on Forest (on corner).
  • Above Grade Finished Sq Ft: 3109
  • Architectural Style: Dutch Colonial
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1965
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Pantry, Solid Surface Counter
  • Has Basement: Unfinished, Basement, Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Blower Fan, Gas Log, Den, Living Room, Primary Bedroom, See Remarks
  • Fireplaces: 4
  • Living Area: 3109
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden
  • Fencing: Invisible
  • Lot Features: Partially Wooded
  • Pool Features: None
  • Construction Type: Brick, Wood Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Gravel, Circular Driveway, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling: Multiple Systems, Window Unit(s)
  • Heating: Heat Pump, Multiple Systems, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 75
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Parcel #: 6809222515
  • Zoning: RS20
  • TRIADMLS_PricePerAcre: 493333.3333
  • TRIADMLS_DeedPage: 3754
  • TRIADMLS_DeedBook: 3618
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 4133.8
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.2902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 19, 2022
Sold by
Wilburn Peeler Julie and Wilburn David E
Bought by
Mcdonald Michael Scott and Mcdonald Andrea C
Seller's Agent
Paige Dillon
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Lisa Hill
Keller Williams Realty Elite
List Price
$400,000
Sold Price
$370,000
Premium/Discount to List
-$30,000
-7.5%
Total Days on Market
27
Views
1
Current Estimated Value
$417,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,127
Avg. Annual Appreciation
6.40%
Original Mortgage
$296,000
Outstanding Balance
$285,617
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$152,352

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 9, 2021
Sold by
Elliott Kyle and Elliott Amanda
Bought by
Peeler Julie Wilburn and Peeler David E
Seller's Agent
Allison Sigmon
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Paige Dillon
Berkshire Hathaway HomeServices Carolinas Realty
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$306,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2004
Sold by
Francis David Wilson and Whalen Teresa Anne
Bought by
Elliott Sammy L and Elliott Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,100
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

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
Mcdonald Michael Scott $370,000 Kangur T Thomas
Peeler Julie Wilburn $340,000 Chicago Title Insurance Co
Elliott Sammy L $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Michael Scott $296,000
Previous Owner Peeler Julie Wilburn $306,000
Previous Owner Elliott Sammy L $164,100
Previous Owner Francis David W $510,000
Previous Owner Francis David W $100,000
Closed Elliott Sammy L $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $370,000 0.0% $137 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $370,000 -7.5% $137 / Sq Ft
07/15/2022 07/15/22 For Sale $400,000 +17.6% $148 / Sq Ft
06/18/2021 06/18/21 Sold $340,000 -- $121 / Sq Ft
Source: Triad MLS

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
2023 $4,437 $331,400 $32,400 $299,000
2022 $4,354 $331,400 $32,400 $299,000
2021 $4,134 $0 $0 $0
2020 $3,335 $241,500 $28,800 $212,700
2019 $3,359 $241,500 $28,800 $212,700
2018 $3,190 $241,500 $28,800 $212,700
2016 $3,295 $250,422 $28,800 $221,622
2015 $3,245 $250,422 $28,800 $221,622
2014 $3,147 $233,374 $28,800 $204,574
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: Triad MLS

MLS Number: 1076926

Triad MLS

APN: 6809-22-2515