See Home Value
Burlington 27215
4050 Forbes Way
$330,000
● House - Off Market

4050 Forbes Way

Burlington, NC 27215
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,539 Ft²
$2,311
Est. Monthly
$260
HOA / Fees

About This Property

Perfectly positioned for an active, healthy lifestyle, this beautiful home is located in the highly sought-after Mackintosh on the Lake community, known for its incredible resort-style amenities. Enjoy access to a splash pad, children's pool with slide, lap pool, welcoming clubhouse, state-of-the-art fitness center, neighborhood events and activities, tennis, basketball and volleyball courts, outdoor amphitheater, playgrounds, scenic walking trails and miles of sidewalks throughout the community.

After grilling on your back deck, digging in the dirt in your raised garden beds, and relaxing in the fenced backyard, take advantage of the park located just across the street. With Growing Years Daycare and Highlands Elementary conveniently located within the neighborhood, everyday routines are simple and stress-free. Commuters will appreciate quick access to I-40/85 just minutes away, with abundant shopping and dining options right across the interstate.

Inside, you'll find hardwood floors, a spacious living area perfect for gathering, and a large, storage-friendly garage. Upstairs features four generously sized bedrooms offering flexibility for family, guests, or home office space. Major updates include a roof less than 10 years old and a brand-new hot water heater, providing added peace of mind.

This home offers the perfect blend of comfort, convenience, and community living.  Come check it out!
Unit Size
2,539 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$137
Property Type
House
Property Taxes
$337
HOA Dues
$260
Year Built
2005

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (TMLS #10149038)

Price History

Date / Event Date Event Price
Jun 26, 2026 Sold
Sold
Jun 17, 2026 In contract -
In contract
May 11, 2026 Price Decreased $349,000
↓ $10K (2.8%)
Price Decreased
Mar 26, 2026 Price Decreased $359,000
↓ $1K (0.3%)
Price Decreased
Mar 12, 2026 Price Decreased $360,000
↓ $10K (2.7%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 250
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 530
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,750
  • Total Building Area: 2,817
  • Building Area: 2,817
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,817
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AVALON MACKINTOSH LK
  • Land Acres: 0000000132
  • Standard Land Use Code: 1001
  • County Land Use Code: 010
  • Legal Description 1: AVALON PHSE 1 SECT 1 LOT 110 3-23-189

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: WESTERN
  • Census Tract: 021703

Zoning

  • Zoning: CMXR

Geography

  • Assessors Map Reference: PM 8843
  • Account Number: 697214
  • Parcel: 105807
  • Municipality: BURLINGTON
  • Latitude: 36.0558
  • Longitude: -79.5342

    Address

  • Full Address: 4050 Forbes Way
  • Address - House Number: 4050
  • Address - Street Name: Forbes
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Burlington
  • Carrier Code: R025
  • 4-Digit Zip Code: 9439
  • Zip Code: 27215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $178,486
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.0937
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 91
  • Final Value: 353,192
  • High Value: 386,295
  • Low Value: 320,089

    Market Valuation

  • Market Total Value: $413,162
  • Market Land Value: $60,000
  • Market Improvement Value: $353,162

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $413,162
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $353,162

    Sales

  • Current Sale Contract Date: Mar 20, 2024
  • Current Sale Recording Date: Mar 20, 2024
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 26, 2020
  • Previous Sale Contract Date: Oct 23, 2020
  • Previous Sale Amount: $172,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burlington


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 4050 Forbes Way built and last sold?
The property at 4050 Forbes Way was built in 2005 and last sold on Mar 20, 2024 for $335,000.
How much is this home worth?
The estimated value of the home located at 4050 Forbes Way is $355,782.
What are some comparable homes to 4050 Forbes Way?
There are currently no comparable homes to 4050 Forbes Way.