NOT LISTED FOR SALE

756 Lake Forest Dr New London, NC 28127

Estimated Value: $724,000 - $822,000

3 Beds
2 Baths
2,184 Sq Ft
$350/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $700,000 $321 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,238/month

67 Days on Market

Highlights

  • Boathouse
  • Assigned Boat Slip
  • Community Lake
  • Covered Dock
  • Pier
  • Deck

About This Home

As of May 2022

Excellent location on Badin Lake. This property has magnificent long-range views of open water & the main channel. The lot lays well & has a very gentle slope. No HOA dues! 94 feet of waterfrontage. Great water depth & swimming area. Stationary pier (#657) in great condition. Covered boat slip, upper sundeck (grandfathered) & seawall. The main level features an updated kitchen w/matching Samsung appliances & soft-close drawers. Living room w/10' sliding door & fireplace, spacious bedroom, & full bathroom. Huge lakefront covered porch. The lower level includes a 2nd living area (French doors), 2 bedrooms, full bathroom & laundry room. Lake views from many of the rooms. Covered lakefront patio is just a few easy steps away from the lake. Fire pit area. Carport. Large, level parking area. Low maintenance property. Great rental opportunity. Convenient to the lake’s marinas that provide dining, gas & watercraft rentals. Uwharrie National Forest nearby. Within 1 hour of Charlotte or Triad.

Last Agent to Sell the Property

Eric Rice

Becki Rice Realty License #268647 Listed on: 03/03/2022

Last Buyer's Agent

Eric Rice

Becki Rice Realty License #268647 Listed on: 03/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,557

Year Built

  • Built in 1971

Lot Details

  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Attic Fan

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • 1 to 5 Parking Spaces

Outdoor Features

  • Pier
  • Waterfront has a Concrete Retaining Wall
  • Assigned Boat Slip
  • Boathouse
  • Covered Dock
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating
  • Heat Pump System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 6663-16-94-8745

Community Details

Overview

  • Lake Forest Subdivision
  • Community Lake

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,557

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1971
  • Ratio Current Price By Acre: 2592592.59
  • Road Surface Type: Gravel
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance
  • Fireplace: Yes
  • Interior Amenities: Attic Fan, Attic Other
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1092
  • 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: 0
  • Porch: Covered,Deck,Front,Patio,Side
  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1092
  • Fireplace Features: Living Room
  • Living Area: 2184
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Satellite Internet Available, Wired Internet Available
  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: Badin Lake
  • Waterfront Features: Boat House, Boat Ramp – Community, Boat Slip (Lease/License), Covered structure, Pier, Retaining Wall, Dock
  • Construction Type: Concrete, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 2 Car, Driveway, Parking Space - 4+

Utilities

  • Heating: Central, Heat Pump
  • Sewer: County Sewer
  • Water Heater: Electric
  • Laundry Features: In Basement, Laundry Room
  • Water Source: County Water, Well

Condo/Co-op/Association

  • Community Features: Lake, Recreation Area

Schools

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

Lot Info

  • Lot Features: Lake On Property, Lake Access, Level, Long Range View, Paved, Views, Water View, Waterfront, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 6663-16-94-8745
  • Lot Size: 94 ft. Waterfront x 182x48x164
  • Zoning Description: R

Tax Info

  • RATIO List Price By Tax Amount: 1.97967

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Apr 22, 2022
Sold by
Koury Flake V and Koury Cynthia V
Bought by
Bvh Investments Corp
Seller's Agent
Eric Rice
Becki Rice Realty
Buyer's Agent
Eric Rice
Becki Rice Realty
List Price
$739,000
Sold Price
$700,000
Premium/Discount to List
-$39,000
-5.28%
Current Estimated Value
$765,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,108
Avg. Annual Appreciation
2.60%
Original Mortgage
$375,000
Interest Rate
4.42%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 18, 2014
Closed on
Apr 6, 2015
Sold by
Remc Llc
Bought by
Koury Flake and Koury Cynthia V
Seller's Agent
Michelle Porter
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Michelle Porter
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$289,000
Sold Price
$230,000
Premium/Discount to List
-$59,000
-20.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.02%

Purchase Details

Closed on
Dec 1, 2013
Bought by
Remc Llc
Source: Public Records

Range of Values:

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Average Value
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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
Bvh Investments Corp $1,400 Womble T Dan
Bvh Investments Corp $1,400 None Listed On Document
Koury Flake $230,000 None Available
Remc Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bvh Investments Corp $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2022 05/09/22 Sold $700,000 -5.3% $321 / Sq Ft
03/03/2022 03/03/22 For Sale $739,000 +221.3% $338 / Sq Ft
04/10/2015 04/10/15 Sold $230,000 -20.4% $121 / Sq Ft View Prior Sale
02/28/2015 02/28/15 Pending -- -- --
09/18/2014 09/18/14 For Sale $289,000 -- $152 / 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 $2,557 $373,294 $219,283 $154,011
2024 $2,557 $373,294 $219,283 $154,011
2023 $2,557 $373,294 $219,283 $154,011
2022 $2,557 $373,294 $219,283 $154,011
2021 $2,501 $373,294 $219,283 $154,011
2020 $2,501 $373,294 $219,283 $154,011
2018 $2,504 $370,900 $203,040 $167,860
2017 $2,504 $370,900 $203,040 $167,860
2016 $2,504 $370,900 $203,040 $167,860
2015 $2,337 $370,900 $0 $0
2014 $2,337 $370,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3834608

Canopy MLS (Canopy Realtor® Association)

APN: 6663-16-94-8745