NOT LISTED FOR SALE

499 W Main St Forest City, NC 28043

Estimated Value: $320,000 - $391,000

4 Beds
3 Baths
3,565 Sq Ft
$97/Sq Ft Est. Value

Last Sold October 05, 2016

Last sale price $180,000 $50 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,035/month

122 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Screened Porch
  • Wooded Lot
  • No HOA
  • Fireplace

About This Home

As of October 2016

Charming 1925 4/5 BR home. Beautifully remodeled & updated. Large city lot, walking distance to Downtown & McNair Field. Deep level backyard 3/4 fenced. New roof 2011. Full front porch new 2014. Screened porch w/new supports & stairs 2013. Interior features 9' ceilings on 1st floor, hardwoods, replacement windows, remodeled kitchen, remodeled bathrooms, dual zone electric HP's w/gas back-up, updated electric service, FR was 5th BR, MBR upstairs w/bath suite, 2nd BR up has private bath, and more.

Last Agent to Sell the Property

David Brown

4 Seasons Homes and Land, Inc Brokerage Email: SOLD@4SeasonsHomesAndLand.com License #185656 Listed on: 04/27/2016

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,750

Year Built

  • Built in 1925

Lot Details

  • 0.74 Acre Lot
  • Fenced
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned C2, C-2, Commercial

Home Design

  • Cape Cod Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Fireplace
  • Insulated Windows
  • Screened Porch

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Garage
  • 1 Detached Carport Space
  • Basement Garage
  • Driveway

Outdoor Features

  • Patio

Schools

  • Dunbar Elementary School
  • East Rutherford Middle School
  • East Rutherford High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 422854

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,750

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Year Built: 1925
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Gravel, Paved
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 50.49
  • Attribution Contact: SOLD@4SeasonsHomesAndLand.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cable Prewire, Walk-In Closet(s), Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2185
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1072
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1072
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1380
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 3565
  • Has Basement: Basement, Exterior Entry, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Other - See Remarks
  • Living Area: 3565
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 12
  • Sq Ft Other: 0
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch, Screened, Other - See Remarks

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Carport, Driveway

Utilities

  • Heating: Central, Forced Air, Heat Pump, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room
  • Cooling: Ceiling Fan(s), Heat Pump, Zoned
  • Utilities: Cable Available
  • Water Source: City

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: Level, Open Lot, Wooded
  • Lot Size Area: 0.74
  • Lot Size Units: Acres
  • Parcel Number: 422854
  • Zoning: C-2
  • Plat Reference Section Pages: 339
  • Development Status: Completed
  • Lot Size Acres: 0.74
  • Lot Size Sq Ft: 32234
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres
  • Zoning Specification: C2

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Dunbar
  • High School: East Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Oct 5, 2016
Sold by
Millwood Jillian
Bought by
Brown Vincent G and Brown Debra E
Seller's Agent
David Brown
4 Seasons Homes and Land, Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Current Estimated Value
$344,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,309
Avg. Annual Appreciation
7.41%
Original Mortgage
$180,000
Outstanding Balance
$147,805
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$196,504

Purchase Details

Closed on
May 20, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Millwood Jillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,952
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2010
Sold by
Cruse Danny R and Cruse Gwendlyn K
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,952
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2007
Sold by
Smith Linda F
Bought by
Cruse Danny R and Cruse Gwendlyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,650
Interest Rate
6.71%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Brown Vincent G $180,000 None Available
Millwood Jillian -- --
Federal Home Loan Mortgage Corporation $99,000 --
Cruse Danny R $100,000 None Avileabel
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Vincent G $180,000
Previous Owner Millwood Jillian $100,952
Previous Owner Cruse Danny R $291,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2016 10/05/16 Sold $180,000 -7.7% $50 / Sq Ft
08/27/2016 08/27/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $195,000 -- $55 / 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
2025 $2,750 $259,100 $95,300 $163,800
2024 $2,704 $259,100 $95,300 $163,800
2023 $2,225 $259,100 $95,300 $163,800
2022 $2,225 $186,800 $59,600 $127,200
2021 $1,646 $186,800 $59,600 $127,200
2020 $1,646 $186,800 $59,600 $127,200
2019 $1,638 $186,800 $59,600 $127,200
2018 $1,561 $174,036 $40,200 $133,836
2016 $1,249 $174,036 $40,200 $133,836
2013 -- $117,700 $40,200 $77,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3172825

Canopy MLS (Canopy Realtor® Association)

APN: 422854