NOT LISTED FOR SALE

4020 Forest Lake Dr SW Shallotte, NC 28470

Estimated Value: $304,000 - $370,000

3 Beds
3 Baths
2,108 Sq Ft
$163/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $295,000 $140 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,956/month

14 Days on Market

Highlights

  • Waterfront
  • Deck
  • Patio
  • Union Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Combination Dining and Living Room

About This Home

As of November 2023

Welcome to 4020 Forest Lake Dr SW, a hidden gem located in Forest Lakes Estates. Enjoy the serenity of living along The Millpond and all of the natural beauty that surrounds it. Imagine waking up to the sounds of birds chirping, watching wildlife sore overhead, gentle breezes, and the soothing sight of the pond right outside your window. Embrace the opportunity to unleash your imagination on this meticulously cared for and move in ready home. This home features a spacious 3 bedroom, and 2 full bathrooms upstairs with a large living room, kitchen, dining room, and breakfast area. As well as an additional living area downstairs that could be used as a second family room or play room, and an additional room that could be used as a fourth bedroom with a full bathroom. Situated on a beautiful large lot there is plenty of outdoor space to create your outdoor living oasis. The home also features a metal roof, and HVAC was replaced in 2020. Whether you're looking to create your dream home or considering an investment opportunity, this home presents endless possibilities!

Last Agent to Sell the Property

Zachary Lucas

910 Realty Co. License #277940 Listed on: 10/09/2023

Last Buyer's Agent

Tia Sellers

Honey in the Rock Realty License #249976

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,325

Year Built

  • Built in 1991

Lot Details

  • 0.33 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Property is zoned SH-RA-15

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,108 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Water Views
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Schools

  • Union Elementary School
  • Shallotte Middle School
  • West Brunswick High School

Utilities

  • Heat Pump System
  • Propane
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • Forest Lakes Poa
  • Forest Lakes Estates Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 2132e022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,325

Year Built

Built in 1991

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Smoke Detectors
  • List Price per Sq Ft: 147.06
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Living Room Level: Second
  • Sq Ft Heated: 2108.00
  • Total Heated Primary Separate Sq Ft: 2108.00

Exterior Features

  • Exterior Finish: Brick, Composition
  • Fencing: None
  • Foundation: Block, Slab
  • Porch Balcony Deck: Deck, Patio
  • Road Type Frontage: Private
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Heat Pump
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Roads
  • HOAAssociationFee1Year: 200.00
  • HOAAssociationName: Forest Lakes POA
  • HOAAssociationPhone: 579-5163

Lot Info

  • Deed Page: 644.00
  • Lot Acres: 0.33
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 14462.00
  • Lot Water Features: None
  • Plat Book: V
  • Plat Page: 125
  • Zoning: SH-RA-15

Tax Info

  • Tax Identifier: 2132e022
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 1324.67

MLS Schools

  • Elementary School: Union
  • High School: West Brunswick
  • Middle School: Shallotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Nov 15, 2023
Sold by
Groff Revocable Living Trust
Bought by
Nemrow Stephen and Nemrow Coryse
Seller's Agent
Zachary Lucas
910 Realty Co.
Buyer's Agent
Tia Sellers
Honey in the Rock Realty
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%
Views
459
Current Estimated Value
$344,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,354
Avg. Annual Appreciation
8.48%
Original Mortgage
$289,656
Outstanding Balance
$284,670
Interest Rate
7.57%
Mortgage Type
FHA
Estimated Equity
$59,684

Purchase Details

Closed on
Apr 1, 1998
Bought by
Groff Hollen E Et Shirley Trustee
Source: Public Records

Range of Values:

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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
Nemrow Stephen $295,000 None Listed On Document
Nemrow Stephen $295,000 None Listed On Document
Groff Hollen E Et Shirley Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nemrow Stephen $289,656
Closed Nemrow Stephen $289,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2023 11/22/23 Sold $295,000 -4.8% $140 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $310,000 -- $147 / Sq Ft
Source: Hive 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
2025 $1,332 $272,380 $50,000 $222,380
2024 $1,332 $272,380 $50,000 $222,380
2023 $0 $270,370 $50,000 $220,370
2022 $1,308 $193,160 $32,000 $161,160
2021 $1,308 $193,160 $32,000 $161,160
2020 $1,308 $193,160 $32,000 $161,160
2019 $1,308 $32,850 $32,000 $850
2018 $1,111 $33,270 $32,000 $1,270
2017 $1,023 $33,270 $32,000 $1,270
2016 $973 $33,270 $32,000 $1,270
2015 $973 $159,450 $32,000 $127,450
2014 $886 $154,921 $32,000 $122,921
Source: Public Records

Agents Affiliated with this Home

  • Zachary Lucas

    Seller's Agent in 2023

    Zachary Lucas

    910 Realty Co.

    (910) 604-0523

    1 in this area

    37 Total Sales

    Zachary Lucas
    Section Image
  • Tia Sellers

    Buyer's Agent in 2023

    Tia Sellers

    Honey in the Rock Realty

    (910) 398-2240

    4 in this area

    30 Total Sales

    Tia Sellers
    Section Image
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Map

Source: Hive MLS

MLS Number: 100408891

Hive MLS

APN: 2132E022

North Carolina Brunswick County Shallotte 28470

4020 Forest Lake Dr SW, Shallotte, NC

This home is located at 4020 Forest Lake Dr SW, Shallotte, NC 28470 since 09 October 2023 and is currently estimated at $344,354, approximately $163 per square foot. This property was built in 1991. 4020 Forest Lake Dr SW is a home located in Brunswick County with nearby schools including Union Elementary School, Shallotte Middle School, and West Brunswick 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.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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