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3642 Lake Forest Road

3642 Lake Forest Road, Hope Mills, NC 28348
Property in South View
Sold Nov 22, 2019
$115,000
$109,250 by Branch Banking & Trust Company
Mortgage
Sold Jul 14, 2008
$130,000
$100,000 by First Bank
Mortgage
Local assessors in Hope Mills, NC have categorized 3642 Lake Forest Road as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 18,295 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 907 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional 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, 3 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3642 Lake Forest Road has a total of 1,593 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 carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. The building has a gable style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a vent heater 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3642 Lake Forest Road was last sold in Nov 21, 2019 for $115,000. According to our calculations, that's $72.19 per sqft. Prior to that sales transaction, the property was sold for $130,000 in Jul 8, 2008. Current property owners are expected to pay $1,968 in taxes per year. The property on 3642 Lake Forest Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $132,068. To break that down further, the land itself was valued at $22,000. While improvements to the property were assessed at a total of $110,068. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 18,295
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 907
  • Total Building Area: 1,593
  • Building Area: 1,593
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Vent
  • Heated Square Feet: 1,593
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLIFTON FORGE I & RF MEBANE
  • Land Acres: 0.42
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1

Ownership

  • Current Owner : HOWELL SHEILA S
  • Previous Owner : BROOKS GENE T
  • Previous Owner 2: BROOKS ELLEN C
  • Owner Before Previous Owner: TSAGANOS MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cumberland County Schools
  • Census Tract: 001603

Zoning

  • Zoning: R15

Geography

  • Parcel: 0414-76-7318
  • Block: H
  • Lot: 1
  • Municipality: TOWN OF HOPE MILLS
  • Latitude: 34.9765
  • Longitude: -78.9408

    Address

  • Full Address: 3642 Lake Forest Rd
  • Address - House Number: 3642
  • Address - Street Name: Lake Forest
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Hope Mills
  • Carrier Code: C009
  • 4-Digit Zip Code: 1938
  • Zip Code: 28348

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,968
  • Tax Rate Code Area: 2000

    Appraisal Valuation

  • Standard Deviation: 0.235
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 67
  • Final Value: 226,573
  • High Value: 279,836
  • Low Value: 173,310

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $109,250
  • First Open Lien Mortgage Lender: BRANCH BANKING & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Nov 22, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $109,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $132,068
  • Market Land Value: $22,000
  • Market Improvement Value: $110,068

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,068
  • Assessed Land Value: $22,000
  • Assessed Improvements Value: $110,068

    Sales

  • Current Sale Contract Date: Nov 21, 2019
  • Current Sale Recording Date: Nov 22, 2019
  • Current Sale Transaction ID: 11706876092
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 37754
  • Previous Sale Recording Date: Jul 14, 2008
  • Previous Sale Contract Date: Jul 08, 2008
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING & TRUST COMPANY
  • First Mortgage Transaction Date: Nov 22, 2019
  • First Mortgage Loan Amount: $109,250

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK
  • Previous Mortgage Transaction Date: Jul 14, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About South View



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Frequently Asked Questions

What neighborhood is 3642 Lake Forest Road located in?
The 3642 Lake Forest Road is a located in the neighborhood of South View in South View, Hope Mills.
What is the average sales price for listings in 3642 Lake Forest Road?
The average sales price for units in 3642 Lake Forest Road is $0 currently.

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