NOT LISTED FOR SALE

732 Lake Forest Dr New London, NC 28127

Estimated Value: $1,028,000 - $1,596,000

3 Beds
2.5 Baths
3,600 Sq Ft
$329/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $965,000 $268 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,575/month

53 Days on Market

Highlights

  • Great Room with Fireplace
  • Attic
  • More Than Two Accessible Exits
  • Wood Flooring
  • No HOA
  • Kitchen Island

About This Home

As of January 2023

Gorgeous sunrises! Waterfront home with outstanding Badin Lake views from all 3 levels of gracious living & private aluminum boat dock with no HOA's. The open concept captures the ideal blend of rustic & elegance. A grand 2 story rock fireplace showcases the great room and craftsman post & beam woodwork. An abundance of natural lighting thru-out. Chef's kitchen opens to sunlit breakfast and dining featuring quartz countertops, gas cooktop, ample cabinet storage with an easy flow design for entertaining. Gather on spacious main level with friends and family or retreat to a private owner's suite with spa-like bathroom, endless closets & dressing area. Step out onto your screened back porch & enjoy the beautiful view of lake! Everyone can be comfortable with room for additional beds in the spacious loft that overlooks the great room. Lower level offers a den with fireplace, bedroom, full bath and large recreation/game room. The perfect home for a primary residence or vacation getaway!

Last Agent to Sell the Property

Roger Lasley

LASLEY PROPERTIES, INC. License #124750 Listed on: 09/29/2022

Last Buyer's Agent

Sherry Johnson Allen

Realty World Carolina Properties License #179509

Realty World Carolina Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,951

Year Built

  • Built in 1993

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 60 x 125 x 100 x 150
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 3,426 Sq Ft Home
  • 3,000-3,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Partially Finished Basement
  • Fireplace in Basement
  • Walk-In Attic
  • Dryer Hookup

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • West Middle School
  • West Montgomery High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Lake Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 666316947345

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,951

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 60 x 125 x 100 x 150
  • Subdivision Name: Lake Forest
  • Directions: From Greensboro- 74/220 south to Asheboro. 49 west to left on Badin Lake Rd. Left on Blaine Rd. Right on Lake Forest Drive. From High Point / Thomasville - Interstate 85 to 109 south. Right on 49 west. Left on Badin Lake Rd. Right on Lake Forest Drive.
  • Above Grade Finished Sq Ft: 3426
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1993
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 700 - 900
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3000 - 3600
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Oven, Dishwasher, Gas Cooktop, Gas Water Heater
  • Flooring: Carpet, Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Separate Shower, Central Vacuum, Vaulted Ceiling(s)
  • Accessibility Features: 2 or more Access Exits
  • Has Basement: Partially Finished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: Basement, Great Room
  • Fireplaces: 2
  • Living Area: 3426
  • Main Level Bathrooms: 2
  • Attic Description: Floored Attic, Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Wood Siding
  • Other Structures: Boat Ramp
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Gas
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Troy
  • High School: West Montgomery
  • Middle Or Junior School: West

Lot Info

  • Parcel #: 666316947345
  • Zoning: R1
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3951
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2023
Sold by
Andrews Eric Christopher
Bought by
Stritter Penni
Current Estimated Value
$1,186,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$341,875
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$844,131

Purchase Details

Listed on
Sep 29, 2022
Closed on
Jan 10, 2023
Sold by
Lowder Joseph Dean
Bought by
Stritter Penni and Andrews Eric Christopher
Seller's Agent
Roger Lasley
LASLEY PROPERTIES, INC.
Buyer's Agent
Sherry Johnson Allen
Realty World Carolina Properties
List Price
$1,100,000
Sold Price
$965,000
Premium/Discount to List
-$135,000
-12.27%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$723,750
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2019
Closed on
Oct 2, 2019
Sold by
Murphy Darla F and Murphy Daniel H
Bought by
Lowder Joseph Dean
Seller's Agent
Donna Hughes
Top Dog Realty NC-South
Buyer's Agent
April Dixon
Howard Hanna Allen Tate-Asheboro
Sold Price
$606,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.34%
Original Mortgage
$485,440
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2004
Bought by
Murphy Daniel H and Murphy Darla F
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
Stritter Penni -- None Listed On Document
Stritter Penni $965,000 --
Lowder Joseph Dean $607,000 None Available
Murphy Daniel H $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stritter Penni $350,000
Previous Owner Stritter Penni $723,750
Previous Owner Lowder Joseph Dean $485,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2023 01/10/23 Sold $965,000 -12.3% $322 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $1,100,000 +81.3% $367 / Sq Ft
10/11/2019 10/11/19 Sold $606,800 -- $196 / Sq Ft View Prior Sale
Source: Triad MLS

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 $4,039 $589,638 $155,394 $434,244
2024 $4,039 $589,638 $155,394 $434,244
2023 $4,039 $589,638 $155,394 $434,244
2022 $4,039 $589,638 $155,394 $434,244
2021 $3,951 $589,638 $155,394 $434,244
2020 $3,951 $589,638 $155,394 $434,244
2018 $4,493 $665,600 $194,000 $471,600
2017 $4,493 $665,600 $194,000 $471,600
2016 $4,580 $665,600 $194,000 $471,600
2015 $4,291 $665,600 $0 $0
2014 $4,291 $665,644 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1085258

Triad MLS

APN: 6663-16-94-7345