NOT LISTED FOR SALE

409 Forest Lake Rd Forest City, NC 28043

Estimated Value: $261,000 - $334,000

4 Beds
3 Baths
3,392 Sq Ft
$87/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $228,000 $67 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,670/month

18 Days on Market

Highlights

  • Deck
  • No HOA
  • Storm Windows
  • 2-Story Property
  • Rear Porch
  • Laundry Room

About This Home

As of April 2022

Lake front home on Forest Lake. This ranch home was built in 1974. It has about 60 feet of lake frontage in the back yard and is on Forest Lake Road. Home has a split stairway at front entrance. The main upper level of 1836 SF has a large family room, a dining area and a kitchen with a view of the lake. Also upstairs are three bedrooms and two bathrooms. The master bedroom has it's own bath and also has french doors that lead out to long deck area overlooking the Forest Lake. Taking the down stairs at entry leads a 1556 SF finished lower level that contains a very large bedroom with two closets, a laundry room, a full hall bathroom and another large family area. There is also a 280 SF two car carport on this level. A concrete driveway takes you to the back of the house and there are also some extra parking spaces there.

Last Agent to Sell the Property

David Eaker

Matheny Real Estate Brokerage Email: deaker@bellsouth.net License #221387 Listed on: 02/03/2022

Last Buyer's Agent

Asha Hertel

Town and Mountain Realty License #329239

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 0.47 Acre Lot
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Property is zoned R15, ETJ

Home Design

  • 2-Story Property
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Family Room with Fireplace
  • Storm Windows

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • 2 Detached Carport Spaces
  • Driveway
  • 2 Open Parking Spaces

Outdoor Features

  • Deck
  • Rear Porch

Schools

  • Forest City-Dunbar Elementary School
  • East Rutherford Middle School
  • East Rutherford High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Built by Parker
  • Forest Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 427361
  • Tax Block B 2 L 96

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0.47 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1974
  • Restrictions: Other - See Remarks,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 67.22
  • Bedroom Lower: 1
  • Attribution Contact: deaker@bellsouth.net
  • Special Features: None

Interior Features

  • Foundation Details: Slab, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Vinyl
  • Lower Level Sq Ft: 1556
  • Main Level Sq Ft: 0
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1836
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 3392
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Living Area: 3392
  • Window Features: Storm Window(s)

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Water Body Name: Forest Lake
  • Waterfront Features: Lake
  • Construction Type: Brick Partial, Wood
  • Patio And Porch Features: Deck, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Carport, Driveway, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Lower Level
  • Cooling: Heat Pump
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: East Rutherford
  • HOA Subject To: None

Lot Info

  • Lot Features: Paved, Sloped, Lake On Property
  • Lot Size Units: Acres
  • Parcel Number: 427361
  • Zoning: ETJ
  • Plat Book Slide: Map 222
  • Plat Reference Section Pages: 502
  • Development Status: Completed
  • Lot Size Acres: 0.47
  • Lot Size Sq Ft: 20473
  • Additional Parcels Description: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R15

Building Info

  • Builder Name: Parker

Tax Info

  • Tax Block: B 2 L 96

MLS Schools

  • Elementary School: Forest City-Dunbar
  • High School: East Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2024
Sold by
Holt Sarah Lynn and Holt Joshua Craig
Bought by
Holt Jeremiah Charles and Holt Ashia Nichole
Current Estimated Value
$295,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,150
Outstanding Balance
$222,896
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$72,803

Purchase Details

Listed on
Feb 3, 2022
Closed on
Apr 1, 2022
Sold by
Oak Grove Enterprises Llc
Bought by
Holt Sarah Lynn and Holt Joshua Craig
Seller's Agent
David Eaker
Matheny Real Estate
Buyer's Agent
Asha Hertel
Town and Mountain Realty
List Price
$265,000
Sold Price
$228,000
Premium/Discount to List
-$37,000
-13.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$193,800
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2016
Sold by
Horne Ruth G
Bought by
Oak Grove Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
3.47%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holt Jeremiah Charles $237,000 None Listed On Document
Holt Sarah Lynn $228,000 Goosmann Rose Colvard & Cramer
Oak Grove Enterprises Llc $123,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Jeremiah Charles $225,150
Previous Owner Holt Sarah Lynn $193,800
Previous Owner Oak Grove Enterprises Llc $93,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $228,000 -3.0% $67 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/17/2022 02/17/22 Price Changed $235,000 -11.3% $69 / Sq Ft
02/03/2022 02/03/22 For Sale $265,000 -- $78 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,582 $277,500 $28,000 $249,500
2024 $15 $277,500 $28,000 $249,500
2023 $1,192 $277,500 $28,000 $249,500
2022 $1,192 $169,800 $28,000 $141,800
2021 $1,192 $169,800 $28,000 $141,800
2020 $1,192 $169,800 $28,000 $141,800
2019 $1,150 $169,800 $28,000 $141,800
2018 $763 $111,000 $20,000 $91,000
2016 $763 $111,000 $20,000 $91,000
2013 -- $111,000 $20,000 $91,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3825316

Canopy MLS (Canopy Realtor® Association)

APN: 427361

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