NOT LISTED FOR SALE

8712 Balbirnie Ct New Light, NC 27587

Falls Lake Neighborhood

Estimated Value: $132,795

4.48 Acres
$29,642 Price per Acre
195,149 Sq Ft Lot

Last Sold March 08, 2023

Last sale price $171,000

Est. 22% decrease in value since last sale

Current estimated payment $790/month

7 Days on Market

Highlights

  • Horses Allowed On Property
  • 4.48 Acre Lot
  • Cul-De-Sac
  • North Forest Pines Elementary School Rated A
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of March 2023

Wooded building lot (4.58 acres) in beautiful Strathaven Subdivision in Wake Forest allows for barn and up to (3) horses. Extremely rare opportunity so close to EVERYTHING yet quiet country feel with creek and extreme privacy. No required build time and you can bring your own builder!

Last Agent to Sell the Property

Dave Harney

Coldwell Banker Advantage License #252544 Listed on: 02/01/2023

Coldwell Banker Advantage

Co-Listed By

Beth McCormick

Coldwell Banker Advantage License #272686

Last Buyer's Agent

Stephen Lustgarten

Keller Williams Realty License #299760

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $807

Lot Details

  • 4.48 Acre Lot
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Wooded Lot

Schools

  • N Forest Pines Elementary School
  • Wakefield Middle School
  • Wakefield High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Shared Well
  • Perc Test On File For Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Strathaven Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$807

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1407
  • Co List Office Phone: 919-562-2200
  • Subdivision Name: Strathaven
  • Utilities Cable Available: Yes
  • General Property Information Horse YN2: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Water Source Shared Well: Yes
  • Sewer Perc Test On File: Yes
  • General Property Information Lot Size Acres: 4.48
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 4.48
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Schools

  • Ninth Grade High School: Wake - Wakefield
  • Middle Or Junior School: Wake - Wakefield

Lot Info

  • Current Use: Unimproved, Vacant
  • Lot Size Sq Ft: 195148.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - N Forest Pines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Mar 7, 2023
Sold by
Lustgarten Stephen
Bought by
Lustgarten Stephen M
Seller's Agent
Dave Harney
Coldwell Banker Advantage
Buyer's Agent
Stephen Lustgarten
Keller Williams Realty
List Price
$165,000
Sold Price
$171,000
Premium/Discount to List
$6,000
3.64%
Views
39
Current Estimated Value
$132,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,205
Avg. Annual Appreciation
-9.77%

Purchase Details

Closed on
Feb 25, 2015
Sold by
Cobbs Marcus Sean and Cobbs Marcus Joy
Bought by
Lustgarten Stephen and Lustgarten Jennifer

Purchase Details

Closed on
Aug 2, 2006
Sold by
American Homeland Development Llc
Bought by
Cobbs Marcus Sean and Cobbs Marcus Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2005
Sold by
American Homeland Development Llc
Bought by
Heater Utilities Inc
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
Lustgarten Stephen M $171,000 --
Lustgarten Stephen $60,000 None Available
Cobbs Marcus Sean $120,000 None Available
Heater Utilities Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cobbs Marcus Sean $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $171,000 -- --
03/08/2023 03/08/23 Sold $171,000 +3.6% --
02/08/2023 02/08/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $165,000 -- --
Source: Doorify 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
2024 $807 $130,000 $130,000 $0
2023 $655 $84,000 $84,000 $0
2022 $607 $84,000 $84,000 $0
2021 $590 $84,000 $84,000 $0
2020 $580 $84,000 $84,000 $0
2019 $686 $84,000 $84,000 $0
2018 $630 $84,000 $84,000 $0
2017 $597 $84,000 $84,000 $0
2016 $585 $84,000 $84,000 $0
2015 $667 $96,000 $96,000 $0
2014 $632 $96,000 $96,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2493024

Doorify MLS

APN: 1822.01-16-3188-000