NOT LISTED FOR SALE

505 Lynbrook Dr Archdale, NC 27263

Estimated Value: $172,000 - $191,000

3 Beds
1.5 Baths
1,100 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $142,000 $129 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,090/month

5 Days on Market

Highlights

  • 1.13 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2021

Welcome to 505 Lynbrook Drive in Forest Hills!  This adorable 3 bedroom brick ranch rests on over 1 acre of land!!  Unfinished basement!  All hardwood flooring!  Great Archdale location!  Don't miss out on this absolutely charming home.  Home is being sold as-is.  Schedule your showing today! Includes 3 parcels of property.

Last Agent to Sell the Property

Cedric Banks II

eXp Realty License #310609 Listed on: 09/29/2021

eXp Realty

Last Buyer's Agent

Angela Fuller

Fate & Fuller Realty Group License #315082

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,008

Year Built

  • Built in 1960

Lot Details

  • 1.13 Acre Lot
  • Lot Dimensions are 125 x 199 x 24 x 195
  • Property is zoned R-10

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,025 Sq Ft Home
  • 900-1,100 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Forest Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7718582943
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,008

Year Built

Built in 1960

Lot Details

1.13 Acres

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.13
  • Lot Size: 125 x 199 x 24 x 195
  • Subdivision Name: Forest Hills
  • Directions: take exit 111 onto main street towards archdale, turn right onto n main street towards archdale, turn right onto ashland, turn left onto forestwood, turn right onto glendale, turn left onto englewood, turn right onto rocklane, turn right onto lynbrook
  • Above Grade Finished Sq Ft: 1025
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1960
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1025
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7718582943
  • Zoning: R-10
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1008
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.1849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 16, 2021
Sold by
Williams Donna Elaine Bowden and Estate Of Mary Bowden
Bought by
Ali Riffat
Seller's Agent
Cedric Banks II
eXp Realty
Buyer's Agent
Angela Fuller
Fate & Fuller Realty Group
Sold Price
$142,000
Current Estimated Value
$182,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,977
Avg. Annual Appreciation
5.99%
Original Mortgage
$120,700
Outstanding Balance
$110,368
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$72,609
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
Ali Riffat $142,000 First American Mortgage Sln
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Riffat $120,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2021 11/17/21 Sold $142,000 -- $158 / Sq Ft
Source: Triad MLS

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 $1,346 $128,880 $28,410 $100,470
2024 $1,333 $128,880 $28,410 $100,470
2023 $1,333 $128,880 $28,410 $100,470
2022 $1,079 $90,610 $20,370 $70,240
2021 $1,031 $86,590 $20,370 $66,220
2020 $1,008 $86,590 $20,370 $66,220
2019 $1,008 $86,590 $20,370 $66,220
2018 $927 $77,700 $20,370 $57,330
2016 $908 $77,701 $20,370 $57,331
2015 $911 $77,701 $20,370 $57,331
2014 -- $77,701 $20,370 $57,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1044283

Triad MLS

APN: 7718-58-2943

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