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142 Forest Walk Way

142 Forest Walk Way, Mooresville, NC 28115
Sold Jun 21, 2019
$395,000
$315,920 by 1st National Bank
Mortgage Due Jun 01, 2049
Sold Sep 02, 2005
$335,000
$267,860 by Dhi Mortgage Company Ltd
Mortgage Due Sep 01, 2035
142 Forest Walk Way has been categorized by the local assessors in Mooresville, NC as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 6 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 142 Forest Walk Way has 3,244 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,478 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 16,161 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a vinyl in-ground pool on the property. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a hip style roof made of asphalt. The exterior walls of the building are made of brick veneer. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jun 21, 2019 for $395,000. That's $121.76 per sqft. Prior to that sales transaction, the property was also sold in Aug 30, 2005 for $335,000. 142 Forest Walk Way was last assessed in 2023. The total value of the property was assessed at $540,070. Specifically, the land the property is located on was valued at $65,000. While improvements on the property were assessed at a total of $475,070. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,329. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Venner Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Ceramic
  • Basement Type: Finished improved basement
  • Basement Area: 1,478
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 16,161
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,244
  • Gross Building Area: 6,038
  • Building Area: 3,244
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,244
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHERRY GROVE
  • Land Acres: 0.371
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L232 CHERRY GROVE PB 41-25 PH 1 M 1

Ownership

  • Current Owner : FERRARA LAWRENCE P
  • Current Owner 2: FERRARA SARA N
  • Previous Owner : PARNIAN PIROOZ
  • Previous Owner 2: PARNIAN DOROTHY B
  • Owner Before Previous Owner: D R HORTON INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mooresville City Schools
  • School Tax School District: C
  • School Tax District Code 2: CI03
  • School Tax District Code 3: SC03
  • Census Tract: 061303

Zoning

  • Zoning: RLI

Geography

  • Assessors Map Reference: MAP:4678
  • Account Number: 80063629
  • District: 03
  • Parcel: 4678-10-1815.000
  • Block: 10
  • Lot: 232
  • Municipality: CODDLE CREEK
  • Latitude: 35.6078
  • Longitude: -80.7794

    Address

  • Full Address: 142 Forest Walk Way
  • Address - House Number: 142
  • Address - Street Name: Forest Walk
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Mooresville
  • Carrier Code: R015
  • 4-Digit Zip Code: 6993
  • Zip Code: 28115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,329
  • Tax Rate Code Area: SW SWM

    Appraisal Valuation

  • Standard Deviation: 0.1795
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 76
  • Final Value: 643,436
  • High Value: 758,994
  • Low Value: 527,879

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,920
  • First Open Lien Mortgage Lender: 1ST NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 21, 2019
  • First Open Lien Mortgage Loan Amount: $315,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $540,070
  • Market Land Value: $65,000
  • Market Improvement Value: $475,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $540,070
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $475,070

    Sales

  • Current Sale Contract Date: Jun 21, 2019
  • Current Sale Recording Date: Jun 21, 2019
  • Current Sale Transaction ID: 11618507964
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 02, 2005
  • Previous Sale Contract Date: Aug 30, 2005
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 1ST NATIONAL BANK
  • First Mortgage Transaction Date: Jun 21, 2019
  • First Mortgage Loan Amount: $315,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • Previous Mortgage Transaction Date: Sep 02, 2005
  • Previous Mortgage Loan Amount: $267,860
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Sep 01, 2035

About Cherry Grove



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Frequently Asked Questions

What neighborhood is 142 Forest Walk Way located in?
The 142 Forest Walk Way is a house located in the neighborhood of Cherry Grove in Cherry Grove, Mooresville.
What is the average sales price for listings in 142 Forest Walk Way?
The average sales price for units in 142 Forest Walk Way is $0 currently.

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