NOT LISTED FOR SALE

4018 Forbes Way Burlington, NC 27215

Southwest Burlington Neighborhood

Estimated Value: $385,000 - $414,000

4 Beds
2.5 Baths
2,673 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $232,500 $87 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,373/month

11 Days on Market

Highlights

  • Deck
  • Attic
  • Attached Garage
  • Wood Flooring
  • 1 Fireplace
  • 1-minute walk to Avalon Park Playground

About This Home

As of February 2020

This one won't last! New carpets throughout entire 2nd floor, and stairs!. Fresh paint throughout home! Beautiful home with brick accent porch, open first floor. Hardwoods throughout first floor. Second floor laundry. Washer, Dryer, Stove, Refrigerator all to convey.

Last Agent to Sell the Property

Dana Butera

Keller Williams Realty United License #308184 Listed on: 11/25/2019

Last Buyer's Agent

Hannah Bason

NorthGroup Real Estate, Inc. License #315292

NorthGroup Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,876

Year Built

  • 2006

Lot Details

  • 5,489 Sq Ft Lot
  • Lot Dimensions are 49 x 108 x 54 x 107
  • Landscaped
  • Rectangular Lot
  • Zoning described as CMX R

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Pull Down Stairs to Attic
  • Dryer

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8843294817

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,876

Year Built

2006

Lot Details

0

HOA Fees

$77 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 49 x 108 x 54 x 107
  • Directions: 40/85 West Exit 140. Turn Left on University then Right on Danbrook. Stay to the Right, turn Left on Mackintosh. At roundabout go Right on Bonnar Bridge. Take 3rd Right onto Glenkirk. Then 2nd Right on Forbes Way. House is on Right.
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Washer
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Attic, Other, Pantry, Pull Down Attic Stairs

Exterior Features

  • Lot Features: Landscaped, Rectangular Lot
  • Construction Type: Aluminum Siding, Brick
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 232.0
  • Association Fee Frequency: Quarterly

Lot Info

  • Lot Size Sq Ft: 5489.0
  • Parcel #: 8843294817
  • Zoning Description: CMX R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Feb 12, 2020
Sold by
Spoon Thomas Brandon and Spoon Katherine Anderson
Bought by
Carter Andrew David and Carter Heidi
Seller's Agent
Dana Butera
Keller Williams Realty United
Buyer's Agent
Hannah Bason
NorthGroup Real Estate, Inc.
List Price
$239,000
Sold Price
$232,500
Premium/Discount to List
-$6,500
-2.72%
Current Estimated Value
$403,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,715
Avg. Annual Appreciation
9.92%
Original Mortgage
$186,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2008
Sold by
Perry Builders Llc
Bought by
Spoon Thomas Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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
Carter Andrew David $233,000 Attorney
Spoon Thomas Brandon $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Andrew David $175,125
Closed Carter Andrew David $186,000
Previous Owner Spoon Thomas B $192,000
Previous Owner Spoon Thomas Brandon $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $232,500 -2.7% $87 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $239,000 -- $89 / Sq Ft
Source: Alamance Multiple Listing Service

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 $1,876 $399,915 $60,000 $339,915
2023 $3,643 $399,915 $60,000 $339,915
2022 $2,845 $229,208 $40,000 $189,208
2021 $2,867 $229,208 $40,000 $189,208
2020 $2,890 $229,208 $40,000 $189,208
2019 $2,898 $229,208 $40,000 $189,208
2018 $1,362 $229,208 $40,000 $189,208
2017 $2,698 $229,208 $40,000 $189,208
2016 $2,739 $236,109 $40,000 $196,109
2015 $1,363 $236,109 $40,000 $196,109
2014 -- $236,109 $40,000 $196,109
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dana Butera

    Keller Williams Realty United

  • H

    Buyer's Agent in 2020

    Hannah Bason

    NorthGroup Real Estate, Inc.

    (336) 269-0629

    3 in this area

    75 Total Sales

    Section Image
See All Agents

Map

Source: Alamance Multiple Listing Service

MLS Number: 106049

APN: 105843

North Carolina Alamance County Burlington 27215 Southwest Burlington

4018 Forbes Way, Burlington, NC

This home is located at 4018 Forbes Way, Burlington, NC 27215 since 25 November 2019 and is currently estimated at $398,214, approximately $148 per square foot. This property was built in 2006. 4018 Forbes Way is a home located in Alamance County with nearby schools including Highland Elementary School, Turrentine Middle School, and Walter M. Williams High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Burlington Alamance County Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Information is deemed to be reliable, but is not guaranteed.
Copyright 2025 Burlington Alamance County Association of Realtors. All rights reserved.

Nearby Homes