NOT LISTED FOR SALE

7400 Townsend Forest Cove Browns Summit, NC 27214

Estimated Value: $182,000 - $344,000

5.04 Acres
$49,384 Price per Acre
219,412 Sq Ft Lot

Last Sold October 03, 2022

Last sale price $175,000

Est. 42% increase in value since last sale

Current estimated payment $1,401/month

48 Days on Market

Highlights

  • 5.04 Acre Lot
  • Secluded Lot
  • No HOA
  • Northern Elementary School Rated A-
  • Partially Wooded Lot
  • Cul-De-Sac

About This Lot

As of October 2022

HARD TO FIND-BEAUTIFUL 5 acre wooded CUL DE SAC lot in Townsend Forest. Walk to the lake. Build your dream home on this quiet, secluded lot in well established neighborhood. 10 minutes from shopping, restaurants, walking and hiking trails, and new outer loop to take you anywhere! Survey attached. Townsend Forest subdivision is filled with custom homes on large lots. NORTHERN SCHOOLS.

Last Agent to Sell the Property

Sherri Hill

eXp Realty License #214516 Listed on: 08/10/2022

eXp Realty

Co-Listed By

Hannah Albert

eXp Realty License #331462

Last Buyer's Agent

Libba LaFave

Tyler Redhead & McAlister Real Estate, LLC License #161982

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $571

Lot Details

  • 5.04 Acre Lot
  • Cul-De-Sac
  • Secluded Lot
  • Partially Wooded Lot
  • Property is zoned RS-40

Schools

  • Northern Middle School
  • Northern High School

Community Details

  • No Home Owners Association
  • Townsend Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0125423
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$571

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 5.037
  • Lot Size: 0
  • Road Frontage Type: 2-Lane
  • Co List Office Mls Id: GKWG01
  • Subdivision Name: Townsend Forest
  • Directions: Yanceyville Rd to Townsend Forest Lane. Right on Townsend Forest Cove. Lot is in the center of the cul-de-sac.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Cul-De-Sac, Partially Wooded, Secluded, Subdivided, Wooded
  • Flood Zone: Not in Flood Zone

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Northern
  • High School: Northern
  • Middle Or Junior School: Northern

Lot Info

  • Wooded Area: 219411.72
  • Parcel #: 0125423
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 34742.9025
  • TRIADMLS_PlatPage: 118
  • TRIADMLS_DeedPage: 98
  • TRIADMLS_DeedBook: 2895
  • TRIADMLS_PlatBook: 59
  • TRIADMLS_AcresRange: 5 - 5

Tax Info

  • Tax Annual Amount: 571
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.8765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Oct 3, 2022
Sold by
Nolan Marcia S
Bought by
Skains Mark C and Skains Elizabeth B
Seller's Agent
Sherri Hill
eXp Realty
Buyer's Agent
Libba LaFave
Tyler Redhead & McAlister Real Estate, LLC
List Price
$150,000
Sold Price
$175,000
Premium/Discount to List
$25,000
16.67%
Views
8
Current Estimated Value
$248,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,745
Avg. Annual Appreciation
12.14%
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
Skains Mark C $175,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $175,000 +16.7% --
09/28/2022 09/28/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $150,000 -- --
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 $1,167 $131,100 $131,100 --
2024 $1,167 $131,100 $131,100 --
2023 $1,141 $131,100 $131,100 $0
2022 $816 $93,700 $93,700 $0
2021 $571 $65,600 $65,600 $0
2020 $571 $65,600 $65,600 $0
2019 $571 $65,600 $0 $0
2018 $0 $65,600 $0 $0
2017 $562 $65,600 $0 $0
2016 $497 $56,200 $0 $0
2015 $500 $56,200 $0 $0
2014 $506 $56,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1080296

Triad MLS

APN: 0125423