NOT LISTED FOR SALE

7 Forest Ave Granite Falls, NC 28630

Estimated Value: $362,000 - $543,000

4 Beds
3 Baths
2,709 Sq Ft
$170/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $502,000 $185 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,594/month

Highlights

  • Spa
  • Laundry Room
  • Central Air
  • Granite Falls Elementary School Rated A-
  • Four Sided Brick Exterior Elevation
  • 2 Car Garage

About This Home

As of June 2024

Discover timeless elegance in this beautifully restored 1941 Cape Cod. This gorgeous home offers 4 BR's & 3BA. New Quartz countertops, new roof, new whole house water filtration system, refinished hardwood flooring, built-in, gas log fireplaces, storage galore, tankless water gas heater, etc... The basement offers an additional 636 sq ft of heated & finished space, totaling 968, with one room previously used as a 5th BR. Ceiling height does vary therefore, it wasn't included in the total HLA but does measure 7' in many areas. Additionally, you will find a separate 679 sq ft BONUS area above the detached garage which provides endless possibilities. Enjoy the expansive back deck and large lot, perfect for outdoor activities. With its preserved character and modern touches, this home seamlessly blends historic charm with contemporary conveniences. A rare gem just minutes from downtown Hickory, offering both comfort and sophistication. This home is a MUST SEE to appreciate in it's entirety

Last Agent to Sell the Property

Crisandra Ashley

Home & Heart Realty, LLC Brokerage Email: cris@crisashleyrealestate.com License #294360 Listed on: 05/25/2024

Last Buyer's Agent

Byron Bailey

GreyBeard Realty License #C10460

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,068

Year Built

  • Built in 1941

Lot Details

  • 1.16

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement
  • Interior and Exterior Basement Entry
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Schools

  • Granite Falls Elementary And Middle School
  • South Caldwell High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Spa
  • Property is zoned R-15

Listing and Financial Details

  • Assessor Parcel Number 08-18-6-5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,068

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1941
  • Second Living Quarters: Other - See Remarks
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 185.31
  • Geocode Confidence: High
  • Attribution Contact: cris@crisashleyrealestate.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1727
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1194
  • Sq Ft Unheated Total: 1873
  • Sq Ft Upper: 650
  • Appliances: Electric Range
  • Above Grade Finished Sq Ft: 2377
  • Has Basement: Exterior Entry, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 332
  • Fireplace Features: Den, Living Room
  • Living Area: 2709
  • Bedroom Main: 2
  • Room Count: 8
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Hot Tub
  • New Construction: No
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Full, Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 679
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Electric, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Mud Room, Main Level
  • Cooling: Central Air
  • Utilities: Cable Available, Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Granite Falls
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 1.16
  • Lot Size Units: Acres
  • Parcel Number: 08-18-6-5
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-15

MLS Schools

  • Elementary School: Granite Falls
  • High School: South Caldwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Jun 20, 2024
Sold by
Lutz Joseph and Lutz Sharon
Bought by
Bailey Brennan S and Bailey Miranda Hope
Seller's Agent
Crisandra Ashley
Home & Heart Realty, LLC
Buyer's Agent
Byron Bailey
GreyBeard Realty
List Price
$465,000
Sold Price
$502,000
Premium/Discount to List
$37,000
7.96%
Views
12
Current Estimated Value
$459,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,242
Avg. Annual Appreciation
-7.18%
Original Mortgage
$476,900
Outstanding Balance
$471,727
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$11,969

Purchase Details

Closed on
Dec 29, 2023
Sold by
J & L Properties Llc
Bought by
Lutz Joseph

Purchase Details

Closed on
Sep 1, 1994
Source: Public Records

Range of Values:

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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
Bailey Brennan S $502,000 None Listed On Document
Lutz Joseph -- None Listed On Document
-- $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Brennan S $476,900
Previous Owner Gilliland Robert K $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $502,000 +8.0% $185 / Sq Ft
05/25/2024 05/25/24 For Sale $465,000 -- $172 / 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 $1,068 $425,100 $25,000 $400,100
2024 $1,068 $166,700 $25,000 $141,700
2023 $1,068 $166,700 $25,000 $141,700
2022 $1,047 $166,700 $25,000 $141,700
2021 $1,047 $166,700 $25,000 $141,700
2020 $948 $147,700 $27,200 $120,500
2019 $948 $147,700 $27,200 $120,500
2018 $1,611 $147,700 $0 $0
2017 $1,611 $147,700 $0 $0
2016 $961 $147,700 $0 $0
2015 $912 $147,700 $0 $0
2014 $912 $147,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4141317

Canopy MLS (Canopy Realtor® Association)

APN: 08-18-6-5