NOT LISTED FOR SALE

424 E Main St Forest City, NC 28043

Estimated Value: $180,474 - $235,000

3 Beds
1 Bath
1,601 Sq Ft
$124/Sq Ft Est. Value

Last Sold April 03, 2018

Last sale price $90,000 $56 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,135/month

3 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Gas Log Fireplace
  • Cottage
  • Level Lot

About This Home

As of April 2018

Cute cottage located walking distance to downtown Forest City. Home has original character, including wood floors, bead board, large windows. Kitchen and bath have updates. Covered front porch for relaxing and large fenced in back yard.

Last Agent to Sell the Property

Kathy Key

Purple Martin Realty, Inc. License #211430 Listed on: 02/04/2018

Last Buyer's Agent

Brent Washburn

Washburn Real Estate, Inc. License #95907

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 422554

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0.48 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.90909
  • Ratio Close Price By Original Li: 0.90909
  • Ratio Current Price By Acre: 187500.00
  • Ratio Current Price By Sq Ft: 56.21
  • Year Built: 1930
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Microwave, Natural Gas, Refrigerator
  • Fireplace Description: Gas Logs, Gas Unvented, Living Room
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Cable Available
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1601
  • Total Sq Ft: 1601

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Natural Gas, Wall Unit Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Lot Info

  • Lot Features: Level
  • Parcel Number: 422554
  • Plat Reference Section Pages: 00344
  • Zoning Specification: R1

Tax Info

  • Tax Value: 60700.00
  • Tax Location: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2018
Closed on
Apr 3, 2018
Sold by
Iwerks William Robert and Iwerks Kelly L
Bought by
Lancaster Ashley
Seller's Agent
Kathy Key
Purple Martin Realty, Inc.
Buyer's Agent
Brent Washburn
Washburn Real Estate, Inc.
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%
Current Estimated Value
$198,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,619
Avg. Annual Appreciation
10.46%
Original Mortgage
$92,000
Outstanding Balance
$79,892
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$118,727

Purchase Details

Closed on
Oct 6, 2003
Bought by
Iwerks William Robert and Iwerks Kelly L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lancaster Ashley $90,000 None Available
Iwerks William Robert $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lancaster Ashley $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2018 04/03/18 Sold $90,000 -9.1% $56 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
02/04/2018 02/04/18 For Sale $99,000 -- $62 / 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 $1,211 $111,700 $28,600 $83,100
2024 $12 $111,700 $28,600 $83,100
2023 $1,062 $111,700 $28,600 $83,100
2022 $1,062 $88,800 $28,600 $60,200
2021 $787 $88,800 $28,600 $60,200
2020 $787 $88,800 $28,600 $60,200
2019 $779 $88,800 $28,600 $60,200
2018 $544 $60,700 $24,700 $36,000
2016 $544 $60,700 $24,700 $36,000
2013 -- $60,700 $24,700 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3357131

Canopy MLS (Canopy Realtor® Association)

APN: 422554

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