NOT LISTED FOR SALE

394 E Main St Forest City, NC 28043

Estimated Value: $176,000 - $223,000

3 Beds
1 Bath
1,528 Sq Ft
$135/Sq Ft Est. Value

Last Sold January 03, 2020

Last sale price $120,000 $79 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,328/month

Highlights

  • Arts and Crafts Architecture
  • Wood Flooring
  • Level Lot
  • Forest City-Dunbar Elementary School Rated 9+
  • Fireplace

About This Home

As of January 2020

3 Bedroom 1 Bath Arts and Crafts Bungalow. New Electric, HVAC, Plumbing... Was used as a Rental Property with great Success. Agent Related to Owner...

Last Agent to Sell the Property

Malcolm McDonald

Turner McDonald Group License #307561 Listed on: 11/21/2019

Last Buyer's Agent

Malcolm McDonald

Turner McDonald Group License #307561 Listed on: 11/21/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • 1 Full Bathroom
  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 6596

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 307692.31
  • Ratio Current Price By Sq Ft: 78.53
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: CO Detector, Electric Dryer Hookup, Electric Range, Electric Oven
  • Fireplace Description: FAMILYRM, Primary Bedroom
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1528
  • Total Sq Ft: 1528

Exterior Features

  • Construction: Shingle, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.390
  • Parcel Number: 6596
  • Zoning Specification: RESIDENT

Tax Info

  • Tax Value: 88400.00
  • Tax Location: Forest City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Jan 3, 2020
Sold by
Mcdonald Malcolm and Mcdonald Geraldine
Bought by
Fields Robert A and Fields Emilie T
Seller's Agent
Malcolm McDonald
Turner McDonald Group
Buyer's Agent
Malcolm McDonald
Turner McDonald Group
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$217,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,916
Avg. Annual Appreciation
11.26%
Original Mortgage
$105,000
Outstanding Balance
$94,204
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$124,422

Purchase Details

Closed on
May 6, 2014
Sold by
Sappenfield Jeffrey Scott and Sappenfield Patricia James
Bought by
Mcdonald Malcolm and Mcdonald Geraldine

Purchase Details

Closed on
Sep 1, 2004
Bought by
Sappenfield Jeffrey Scott and Sappenfield Patricia
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
Fields Robert A $120,000 None Available
Mcdonald Malcolm $22,500 None Available
Sappenfield Jeffrey Scott $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fields Robert A $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2020 01/03/20 Sold $120,000 0.0% $79 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
11/21/2019 11/21/19 For Sale $120,000 -- $79 / 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 $1,623 $155,000 $26,000 $129,000
2023 $1,273 $157,400 $26,000 $131,400
2022 $1,273 $106,600 $26,000 $80,600
2021 $943 $106,600 $26,000 $80,600
2020 $783 $88,400 $26,000 $62,400
2019 $775 $88,400 $26,000 $62,400
2018 $493 $55,000 $17,000 $38,000
2016 $493 $55,000 $17,000 $38,000
2013 -- $43,100 $17,000 $26,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3570882

Canopy MLS (Canopy Realtor® Association)

APN: 418908