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48 Forest Lake Road

48 Forest Lake Road, Robbinsville, NC 28771
Property in Graham
Sold Jul 21, 2022
$450,000
Sold Nov 10, 2021
$395,000
$316,000 by United Community Bank
Mortgage Due Dec 01, 2051
48 Forest Lake Road has been categorized by the local assessors in Robbinsville, NC as a residential type of property. The building on the property was first built in 1973 and is 51 years old. However, we must point out that the home was most recently renovated and altered in 1998. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 48 Forest Lake Road has 1,070 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,070 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 carport for those who require parking. The garage measured 320 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a patio. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The building has a gable style roof made of metal. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery 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, 48 Forest Lake Road sold most recently in Jul 20, 2022 for a total of $450,000. If you work out the math, that's approximately a cost of $420.56 per sqft. Before that, the property was also sold for $395,000 in Oct 27, 2021. 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 $2,644 in taxes each year. 48 Forest Lake Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $448,110. If we break it down further, the land itself was valued at $190,000. Improvements to the property, however, were assessed at a total of $258,110. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1998
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B+
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 1,070
  • Garage Type: Carport
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,070
  • Gross Building Area: 4,000
  • Building Area: 1,070
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,070
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST LAKES PROPERTY
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 17 FOREST LAKES

Ownership

  • Current Owner : WESTBERRY BARRY DEAN
  • Previous Owner : JANE BRIDGES ELIZABETH
  • Owner Before Previous Owner: KERR RANDAL
  • Owner Before Previous Owner 2: KERR LISA M

Neighborhood

  • School District Name: Graham County Schools
  • Census Tract: 920100

Geography

  • Account Number: 155899998
  • District: 11
  • Parcel: 5662-00-03-0017
  • Lot: 17
  • Municipality: FOREST LAKES SUB
  • Latitude: 35.3665
  • Longitude: -83.8299

    Address

  • Full Address: 48 Forest Lk
  • Address - House Number: 48
  • Address - Street Name: Forest
  • Address - Suffix Type: Lk
  • State: NC
  • City Name: Robbinsville
  • Carrier Code: H072
  • 4-Digit Zip Code: 9451
  • Zip Code: 28771

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,644

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 500,301
  • High Value: 611,670
  • Low Value: 388,932

    Market Valuation

  • Market Total Value: $448,110
  • Market Land Value: $190,000
  • Market Improvement Value: $258,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $448,110
  • Assessed Land Value: $190,000
  • Assessed Improvements Value: $258,110

    Sales

  • Current Sale Contract Date: Jul 20, 2022
  • Current Sale Recording Date: Jul 21, 2022
  • Current Sale Transaction ID: 11892635900
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 73235
  • Previous Sale Recording Date: Nov 10, 2021
  • Previous Sale Contract Date: Oct 27, 2021
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: UNITED COMMUNITY BANK
  • Previous Mortgage Transaction Date: Nov 10, 2021
  • Previous Mortgage Loan Amount: $316,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2051

About Graham



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Frequently Asked Questions

What neighborhood is 48 Forest Lake Road located in?
The 48 Forest Lake Road is a located in the neighborhood of Graham in Graham, Robbinsville.
What is the average sales price for listings in 48 Forest Lake Road?
The average sales price for units in 48 Forest Lake Road is $0 currently.

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