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386 Old Wagy Road

386 Old Wagy Road, Forest City, NC 28043
House in Rutherford
Sold Jul 14, 2020
$142,500
$143,939 by Movement Mortgage
Mortgage Due Aug 01, 2050
386 Old Wagy Road in Forest City, NC was first built in 1963 and is 61 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 386 Old Wagy Road has 1,188 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 20,473 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a hip style roof made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a carport. The garage is 360 sqft. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a partial air conditioning. As for heating, the home is utilizing a forced air unit. 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, 386 Old Wagy Road sold most recently in Jul 10, 2020 for a total of $142,500. If you work out the math, that's approximately a cost of $119.95 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,657 in taxes each year. 386 Old Wagy Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $247,300. If we break it down further, the land itself was valued at $7,000. Improvements to the property, however, were assessed at a total of $240,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Brick Exterior

Parking

Carport

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1980
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,188
  • Garage Type: Carport
  • Garage Square Area: 360
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 1,188
  • Building Area: 1,188
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Partial air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,188
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.47
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: GPIN:1549092538050000; RES PLEASANT GROVE CH RD

Ownership

  • Current Owner : SMITH DAVID DOUGLAS
  • Current Owner 2: HARGETT KAYLEY
  • Previous Owner : GOFORTH DONALD SCOTT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rutherford County Schools
  • Census Tract: 960700

Zoning

  • Zoning: R8

Geography

  • District: 04
  • Parcel: 424418
  • Municipality: COOL SPRINGS
  • Latitude: 35.3531
  • Longitude: -81.8771

    Address

  • Full Address: 386 Old Wagy Rd
  • Address - House Number: 386
  • Address - Street Name: Old Wagy
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Forest City
  • Carrier Code: R004
  • 4-Digit Zip Code: 9470
  • Zip Code: 28043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,657

    Appraisal Valuation

  • Standard Deviation: 0.147
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 70
  • Final Value: 202,705
  • High Value: 232,509
  • Low Value: 172,900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $143,939
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 14, 2020
  • First Open Lien Mortgage Loan Amount: $143,939
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $247,300
  • Market Land Value: $7,000
  • Market Improvement Value: $240,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,300
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $240,300

    Sales

  • Current Sale Contract Date: Jul 10, 2020
  • Current Sale Recording Date: Jul 14, 2020
  • Current Sale Transaction ID: 11774052511
  • Current Sale Price: $142,500
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jul 14, 2020
  • First Mortgage Loan Amount: $143,939
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Forest City



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 386 Old Wagy Road located in?
The 386 Old Wagy Road is a house located in the neighborhood of Rutherford in Forest City, Forest City.
What is the average sales price for listings in 386 Old Wagy Road?
The average sales price for units in 386 Old Wagy Road is $135,000 , or $57/sqft. currently.

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