Check Availability

4016 Forgotten Pond Avenue

4016 Forgotten Pond Avenue, Wake Forest, NC 27587
Property in Heritage South
Sold Oct 19, 2012
$495,000
$253,999 by Academy Mortgage Corp
Mortgage Due Aug 01, 2046
Sold May 27, 2010
$440,000
$396,000 by State Employees Cu
Mortgage Due Jun 01, 2040
4016 Forgotten Pond Avenue has been categorized by the local assessors in Wake Forest, NC as a residential type of property. The building on the property was first built in 2010 and is 14 years old. 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, 4016 Forgotten Pond Avenue has 4,081 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,454 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

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 288 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 4016 Forgotten Pond Avenue was last sold in Oct 19, 2012 for $495,000. According to our calculations, that's $121.29 per sqft. Prior to that sales transaction, the property was sold for $440,000 in May 25, 2010. Current property owners are expected to pay $5,837 in taxes per year. The property on 4016 Forgotten Pond Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $521,896. To break that down further, the land itself was valued at $65,000. While improvements to the property were assessed at a total of $456,896. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2010
  • Effective Year Built: 2010
  • 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: 288
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 4,081
  • Building Area: 4,081
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,081
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HERITAGE SOUTH AT HE
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1712 HERITAGE SOUTH PH1 SE10 BM2008-00166

Ownership

  • Current Owner : KING ROBERT
  • Current Owner 2: KING CATHERINE
  • Owner Before Previous Owner: HOMES BY DICKERSON INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054210

Zoning

  • Zoning: GR5

Geography

  • Assessors Map Reference: BK 2008 PG 166
  • Account Number: 0366451
  • District: 19
  • Section: 10
  • Subdivision Phase Number: 1
  • Parcel: 1759.01-06-1598 0366451
  • Lot: 1712
  • Municipality: WAKE FOREST
  • Latitude: 35.9377
  • Longitude: -78.4927

    Address

  • Full Address: 4016 Forgotten Pond Ave
  • Address - House Number: 4016
  • Address - Street Name: Forgotten Pond
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R024
  • 4-Digit Zip Code: 3884
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,837

    Appraisal Valuation

  • Standard Deviation: 0.1307
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 911,287
  • High Value: 1,030,442
  • Low Value: 792,131

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $253,999
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 29, 2016
  • First Open Lien Mortgage Loan Amount: $253,999
  • 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, 2046

    Market Valuation

  • Market Total Value: $521,896
  • Market Land Value: $65,000
  • Market Improvement Value: $456,896

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $521,896
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $456,896

    Sales

  • Current Sale Contract Date: Oct 19, 2012
  • Current Sale Recording Date: Oct 19, 2012
  • Current Sale Transaction ID: 11552214701
  • Current Sale Price: $495,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 27, 2010
  • Previous Sale Contract Date: May 25, 2010
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: STATE EMPLOYEES CU
  • Previous Mortgage Transaction Date: May 27, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $396,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2040

About Heritage South



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3324 Althorp Drive, Raleigh, NC, 27616

$2,595 /mo

  • 4 Beds
  • 3 Baths
  • 3,050 ft²
3324 Althorp Drive, Raleigh, NC, 27616 Listing by Cindy Knapik

Frequently Asked Questions

What neighborhood is 4016 Forgotten Pond Avenue located in?
The 4016 Forgotten Pond Avenue is a located in the neighborhood of Heritage South in Heritage South, Wake Forest.
What is the average sales price for listings in 4016 Forgotten Pond Avenue?
The average sales price for units in 4016 Forgotten Pond Avenue is $0 currently.

Quantcast