NOT LISTED FOR SALE

704 Forest Dr Gibsonville, NC 27249

Estimated Value: $362,000 - $471,000

0.63 Acre
$690,663 Price per Acre
27,443 Sq Ft Lot

Last Sold October 28, 2019

Last sale price $46,500 $28 Per Sq Ft

Est. 836% increase in value since last sale

Current estimated payment $2,645/month

46 Days on Market

About This Lot

As of October 2019

Fantastic .63 Acre Level Lot In The Heart Of The Beautiful Town Of Gibsonville! This Homesite Was Previously 2 Buildable Lots That Were Combined To Make One Large Lot With A Lovely Cedar Shake Sided Pool House With Full Bath Already On Site! So Many Options, Wonderful, Convenient Location And Neighborhood! A Must See!

Last Agent to Sell the Property

Kristy Smith

Allen Tate/Burlington License #271449 Listed on: 07/30/2019

Allen Tate/Burlington

Last Buyer's Agent

NonMls Agent NonMls Agent

Non Mls Firm

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,347

Lot Details

  • 0.63

Additional Features

  • 0.63 Acre Lot
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 8836804682

Property Details

Property Type

Land

Est. Annual Taxes

$3,347

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.63
  • Lot Size: 27443
  • Directions: Hwy. 61 South To Left On Forest Dr. Lot Is On Corner Of Forest Dr. & Johnston St.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement YN: No

Exterior Features

  • Other Structures: Other

Utilities

  • Utilities: Electricity Connected, Underground Utilities

Lot Info

  • Lot Size Sq Ft: 27443.0
  • Parcel #: 8836804682
  • Zoning Description: resid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2021
Sold by
Brown Edwin J and Cook Janice Shaw
Bought by
Brown Edwin J and Cook Janice Shaw
Current Estimated Value
$435,118

Purchase Details

Closed on
Jul 10, 2020
Sold by
Brown Edwin J and Cook Janice Shaw
Bought by
Brown Edwin J and Cook Janice Shaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,930
Interest Rate
3.2%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 30, 2019
Closed on
Oct 25, 2019
Sold by
Barton Corey Holt and Barton Christy Ann
Bought by
Brown Edwin J and Brown Janice Shaw
Seller's Agent
Kristy Smith
Allen Tate/Burlington
Buyer's Agent
NonMls Agent NonMls Agent
Non Mls Firm
List Price
$56,900
Sold Price
$46,500
Premium/Discount to List
-$10,400
-18.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.65%

Purchase Details

Listed on
Jun 2, 2017
Closed on
Oct 13, 2017
Sold by
Wall Stephen D and Wall Nicole M
Bought by
Barton Corey Holt and Barton Christy Ann
Seller's Agent
Kristy Smith
Allen Tate/Burlington
Buyer's Agent
Kristy Smith
Allen Tate/Burlington
List Price
$46,500
Sold Price
$46,000
Premium/Discount to List
-$500
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%

Purchase Details

Closed on
May 3, 2010
Sold by
Cobb Ryan A and Cobb Shannon W
Bought by
Wall Stephen D

Purchase Details

Closed on
Aug 22, 2008
Sold by
Kernodle Dennis M and Kernodle Lynn S
Bought by
Cobb Ryan A and Cobb Shannon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 1998
Sold by
Associates Financial Services Co Inc
Bought by
Kernodle Dennis M and Kernodle Lynn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Edwin J -- None Available
Brown Edwin J -- None Available
Brown Edwin J $46,500 None Available
Barton Corey Holt $46,000 None Available
Wall Stephen D $12,000 None Available
Cobb Ryan A $240,000 None Available
Kernodle Dennis M $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Edwin J $164,930
Closed Brown Edwin J $164,930
Previous Owner Cobb Ryan A $240,000
Previous Owner Kernodle Dennis M $124,026
Previous Owner Kernodle Dennis M $53,000
Previous Owner Kernodle Dennis M $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $46,500 -18.3% $28 / Sq Ft
09/14/2019 09/14/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $56,900 +23.7% $35 / Sq Ft
10/16/2017 10/16/17 Sold $46,000 -1.1% $28 / Sq Ft
09/16/2017 09/16/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $46,500 -- $28 / Sq Ft
Source: Alamance Multiple Listing Service

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
2024 $3,347 $274,200 $47,700 $226,500
2023 $3,347 $274,200 $47,700 $226,500
2022 $3,565 $282,800 $56,300 $226,500
2021 $3,040 $241,200 $43,800 $197,400
2020 $882 $70,000 $70,000 $0
2019 $882 $70,000 $0 $0
2018 $254 $70,000 $0 $0
2017 $254 $35,000 $0 $0
2016 $227 $30,000 $0 $0
2015 $228 $30,000 $0 $0
2014 $231 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 104213

APN: 0105000