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3607 Silver Forrest Lane

3607 Silver Forrest Lane, Raleigh, NC 27614
Sold Oct 30, 2008
$135,000
$417,000 by Branch Banking And Trust Co
Mortgage Due Nov 01, 2039
Sold Oct 30, 2008
$135,000
3607 Silver Forrest Lane in Raleigh, NC was first built in 2008 and is 16 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3607 Silver Forrest Lane has 3,773 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,890 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 460 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3607 Silver Forrest Lane sold most recently in Oct 28, 2008 for a total of $135,000. If you work out the math, that's approximately a cost of $35.78 per sqft. Before that, the property was also sold for $135,000 in Oct 27, 2008. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $6,001 in taxes each year. 3607 Silver Forrest Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $548,680. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $448,680. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 3,773
  • Building Area: 3,773
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,773
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BEDFORD FALLS RIV
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO2728 BEDFORD AT FALLS RIVER BM2006-01212

Ownership

  • Current Owner : KOTZKER JOHN M
  • Previous Owner : BEDFORD BUILDER GROUP LLC
  • Owner Before Previous Owner: BRANDYWINE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054021

Zoning

  • Zoning: PD

Geography

  • Account Number: 0349416
  • District: 13
  • Parcel: 1729.04-83-1969 0349416
  • Lot: 2728
  • Municipality: NEUSE
  • Latitude: 35.9309
  • Longitude: -78.5671

    Address

  • Full Address: 3607 Silver Forrest Ln
  • Address - House Number: 3607
  • Address - Street Name: Silver Forrest
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R074
  • 4-Digit Zip Code: 7330
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,001

    Appraisal Valuation

  • Standard Deviation: 0.1209
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 86
  • Final Value: 844,611
  • High Value: 946,804
  • Low Value: 742,418

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $457,000
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Oct 30, 2008
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 372
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2039
  • Second Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Second Open Lien Mortgage Recording Date: Mar 12, 2010
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $548,680
  • Market Land Value: $100,000
  • Market Improvement Value: $448,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $548,680
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $448,680

    Sales

  • Current Sale Contract Date: Oct 28, 2008
  • Current Sale Recording Date: Oct 30, 2008
  • Current Sale Transaction ID: 1129510712
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 30, 2008
  • Previous Sale Contract Date: Oct 27, 2008
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Oct 30, 2008
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 372
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Nov 01, 2039

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Frequently Asked Questions

What neighborhood is 3607 Silver Forrest Lane located in?
The 3607 Silver Forrest Lane is a located in the neighborhood of Bedford at Falls River in North Raleigh, Raleigh.
What is the average sales price for listings in 3607 Silver Forrest Lane?
The average sales price for units in 3607 Silver Forrest Lane is $0 currently.

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