Seller's Agent in 2021
Annette Holt
Compass -- Cary
(919) 810-2203
7 in this area
240 Total Sales
500 Forest Dr Garner, NC 27529
Estimated Value: $480,000 - $621,000
--
Bed
5
Baths
--
Sq Ft
1984
Built
Highlights
- Corner Lot
- Tile Flooring
- Heating Available
- Landscaped with Trees
- Central Air
About This Home
As of December 2021TWO RENOVATED TRIPLEXES = Incredible 6 UNIT investment opportunity in desirable Garner location! 2020 Reno w/New exterior vinyl siding+paint; New kitchens cabs, granite, subway tile backsplashes & stainless appliances; New tiled walk-in showers in primary baths & New paint, carpet & vinyl throughout. Each 2-story TH offers rear covered upper deck & lower patio, 2 parking spaces, addt'l storage in attic+priv W/D hook-ups. No HOA. All units have same floorplans & features.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,700
Year Built
- Built in 1984
Lot Details
- Corner Lot
- Landscaped with Trees
Parking
- 2 Parking Spaces
Home Design
- Slab Foundation
- Vinyl Siding
Flooring
- Carpet
- Tile
- Vinyl
Laundry
- Laundry in unit
Schools
- Vandora Springs Elementary School
- North Garner Middle School
- Garner High School
Utilities
- Central Air
- Heating Available
Community Details
- 6 Units
- Gross Income $5,605
Listing and Financial Details
- 3 Month Lease Term
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2021
Closed on
Dec 7, 2021
Sold by
Triaogle Homes Group Llc
Bought by
Smith Richard C and Smith Sandra J
Seller's Agent
Annette Holt
Compass -- Cary
Buyer's Agent
Carolyn Graven
Keller Williams Elite Realty
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$488,609
Avg. Annual Appreciation
-14.32%
Original Mortgage
$318,500
Outstanding Balance
$292,423
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$268,968
Purchase Details
Closed on
Aug 28, 2020
Sold by
Turel Properties Llc
Bought by
Triangle Homes Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Nov 7, 1989
Bought by
Hendricks Louis Lee
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Richard C | $525,000 | None Available | |
| Triangle Homes Group Llc | $750,000 | None Available | |
| Hendricks Louis Lee | $221,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Richard C | $318,500 | |
| Previous Owner | Triangle Homes Group Llc | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2021 12/09/21 | Sold | $1,050,000 | -4.5% | -- |
| 10/22/2021 10/22/21 | Pending | -- | -- | -- |
| 10/11/2021 10/11/21 | For Sale | $1,100,000 | -- | -- |
Source: Doorify MLS
Tax History Compared to Growth
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 | $3,455 | $327,310 | $84,700 | $242,610 |
| 2024 | $3,443 | $327,310 | $84,700 | $242,610 |
| 2023 | $3,255 | $248,867 | $35,000 | $213,867 |
| 2022 | $2,976 | $248,867 | $35,000 | $213,867 |
| 2021 | $2,828 | $248,867 | $35,000 | $213,867 |
| 2020 | $2,790 | $248,867 | $35,000 | $213,867 |
| 2019 | $2,655 | $202,626 | $28,000 | $174,626 |
| 2018 | $2,465 | $202,626 | $28,000 | $174,626 |
| 2017 | $2,385 | $202,626 | $28,000 | $174,626 |
| 2016 | $2,356 | $202,626 | $28,000 | $174,626 |
| 2015 | $2,320 | $199,653 | $40,000 | $159,653 |
| 2014 | $2,212 | $199,653 | $40,000 | $159,653 |
Source: Public Records
Agents Affiliated with this Home
-
Annette Holt
-
Davis Holt
Seller Co-Listing Agent in 2021
Davis Holt
Compass -- Cary
(919) 810-2188
11 in this area
270 Total Sales
-
Carolyn Graven
Buyer's Agent in 2021
Carolyn Graven
Keller Williams Elite Realty
(408) 655-7438
4 in this area
57 Total Sales
Map
Source: Doorify MLS
MLS Number: 2412886
APN: 1711.18-40-9478-000
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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