NOT LISTED FOR SALE

703 Smith Grove Rd Forest City, NC 28043

Estimated Value: $274,000 - $327,000

4 Beds
2.5 Baths
2,961 Sq Ft
$101/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $197,000 $67 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,693/month

133 Days on Market

Highlights

  • Colonial Architecture
  • Built-In Features
  • Floor Furnace
  • Wood Flooring
  • Laundry Room
  • Level Lot

About This Home

As of January 2022

Unique character filled home has a long history. Several generations have occupied this home. Part of the home was built pre-civil war and the rest was added on through the years. Huge kitchen with unique stove and walk through pantry to the screened porch area. Main bathroom has 36 x 60 roll in shower. One bedroom was converted to laundry room for ease of use. Knotty pine can be found throughout the home. The huge wings were added in the 1940s. One is a craft, sewing creative center while the other was used as a bedroom with an open half bath for ease of use for the handicapped occupant at the time. Two stair cases leading upstairs - one extremely narrow and not really in use. Home does have breaker box with plenty of room for expansion. Barn door doesn't open all the way. There is a sealed room in the loft. Propane circulating heaters are here and there throughout the home. The furnace is currently not operational. Window units for AC.

Last Agent to Sell the Property

Beth Helton

Beth Helton and Associates, LL License #274790 Listed on: 07/06/2021

Co-Listed By

Robert Greene

Robert Greene Real Estate, Inc License #233817

Last Buyer's Agent

Caroline Easley

Looking Glass Realty, Hendersonville License #302106

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,484

Year Built

  • Built in 1945

Lot Details

  • Level Lot

Home Design

  • Colonial Architecture
  • Composition Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Built-In Features
  • Living Room with Fireplace
  • Den with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Forest City-Dunbar Elementary School
  • East Middle School
  • East High School

Utilities

  • Floor Furnace
  • Window Unit Heating System
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1614052

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,484

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1945
  • Ratio Current Price By Acre: 101025.64
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Built Ins
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2241
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 720
  • Second Living Quarters Hla: 0
  • Fixture Exception Description: TV in living room all wall mounted clocks
  • Appliances: Dishwasher, Electric Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den, Living Room
  • Living Area: 2961
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Roof: Composition, Metal
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: None

Utilities

  • Heating: Floor Furnace, Propane, Window Unit(s)
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: East
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 1614052
  • Zoning Description: None

Tax Info

  • RATIO List Price By Tax Amount: 1.35135

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Forest City-Dunbar
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Jan 21, 2022
Sold by
Foster Sr Howard A
Bought by
Rowland Timothy S and Rowland Jan L
Seller's Agent
Beth Helton
Beth Helton and Associates, LL
Buyer's Agent
Caroline Easley
Looking Glass Realty, Hendersonville
List Price
$225,000
Sold Price
$197,000
Premium/Discount to List
-$28,000
-12.44%
Current Estimated Value
$299,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,679
Avg. Annual Appreciation
11.84%
Original Mortgage
$187,150
Outstanding Balance
$173,473
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$126,206
Source: Public Records

Range of Values:

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Average Value
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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
Rowland Timothy S $197,000 Richard P Williams Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowland Timothy S $187,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Sold $197,000 -12.4% $67 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $225,000 -- $76 / 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 $1,484 $225,400 $19,400 $206,000
2024 $1,415 $225,400 $19,400 $206,000
2023 $1,316 $225,400 $19,400 $206,000
2022 $1,316 $166,500 $19,400 $147,100
2021 $1,311 $166,500 $19,400 $147,100
2020 $1,311 $166,500 $19,400 $147,100
2019 $1,269 $166,500 $19,400 $147,100
2018 $906 $111,200 $19,400 $91,800
2016 $884 $111,200 $19,400 $91,800
2013 -- $111,200 $19,400 $91,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3760075

Canopy MLS (Canopy Realtor® Association)

APN: 1614052