Check Availability

300 Lake Forest Drive

300 Lake Forest Drive, Murphy, NC 28906
Property in Cherokee
Sold Nov 03, 2022
$439,000
Sold Oct 25, 2006
$357,000
$357,000 by American Home Mortgage Corp
Mortgage Due Nov 01, 2036
Local assessors in Murphy, NC have categorized 300 Lake Forest Drive as a residential type of property. The home was built in 1994 and is 30 years old. It was most recently renovated and altered in 2004. The property's lot size has been calculated to be 48,787 square feet. The linear feet between the front and back of the lot was measured at 2,230 ft and the front of the lot was measured at 1,900 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 300 Lake Forest Drive has a total of 1,792 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 1,248 sqft. There are 5 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a cathedral style roof that was made of asphalt. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 13, 2022 for $439,000. That's $244.98 per sqft. Prior to that sales transaction, the property was also sold in Oct 20, 2006 for $357,000. 300 Lake Forest Drive was last assessed in 2023. The total value of the property was assessed at $349,140. 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 $2,417. 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

Log Siding
Wood Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2004
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Interior Walls Type: Plaster
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Asphalt
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,024
  • Garage Type: Garage
  • Garage Square Area: 1,248
  • Parking Space Count: 5
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 48,787
  • Lot Size Depth Feet: 2,230
  • Lot Size Frontage Feet: 1,900
  • Total Building Area: 1,792
  • Gross Building Area: 5,183
  • Building Area: 1,792
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,792
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DILLS AND COOK PROPERTY
  • Land Acres: 1.12
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: P/O TR 1 DILLS & COOK PROP 1257/581

Ownership

  • Current Owner : BALLINGER JASON
  • Current Owner 2: BALLINGER CHRISTY
  • Previous Owner : SEWELL E RANDOLPH E
  • Previous Owner 2: SEWELL DOROTHY
  • Owner Before Previous Owner: CROWE ROBERT STEPHEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Cherokee County Schools
  • Census Tract: 930606

Geography

  • Account Number: 58867
  • Subdivision Phase Number: 1257
  • Subdivision Tract Number: 1
  • Parcel: 452300804034000
  • Municipality: SHOAL CREEK RURAL WEST
  • Latitude: 35.0919
  • Longitude: -84.256

    Address

  • Full Address: 300 Lake Forest Dr
  • Address - House Number: 300
  • Address - Street Name: Lake Forest
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Murphy
  • Carrier Code: R004
  • 4-Digit Zip Code: 8477
  • Zip Code: 28906

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,417

    Appraisal Valuation

  • Standard Deviation: 0.2439
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 65
  • Final Value: 519,285
  • High Value: 645,982
  • Low Value: 392,588

    Market Valuation

  • Market Total Value: $349,140
  • Market Land Value: $10,000
  • Market Improvement Value: $339,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,140

    Sales

  • Current Sale Contract Date: Oct 13, 2022
  • Current Sale Recording Date: Nov 03, 2022
  • Current Sale Transaction ID: 11898577305
  • Current Sale Price: $439,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7052
  • Previous Sale Recording Date: Oct 25, 2006
  • Previous Sale Contract Date: Oct 20, 2006
  • Previous Sale Amount: $357,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 25, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $357,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2036

About Cherokee



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 300 Lake Forest Drive located in?
The 300 Lake Forest Drive is a located in the neighborhood of Cherokee in Cherokee, Murphy.
What is the average sales price for listings in 300 Lake Forest Drive?
The average sales price for units in 300 Lake Forest Drive is $0 currently.

Quantcast