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516 Smith Grove Road

516 Smith Grove Road, Forest City, NC 28043
Property in Rutherford
Refi Dec 16, 2021
Transfer
$130,000 by State Employees Cu
Mortgage Due Jan 01, 2042
Local assessors in Forest City, NC have categorized 516 Smith Grove Road as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 98,010 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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, 4 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 3 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 516 Smith Grove Road has a total of 2,625 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 garage for those who need a place to park their vehicle. The garage on the property is 648 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 good. The building has a gable style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on ventilation system for their cooling system. The home's a heat pump is the primary heating source. 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. Current property owners are expected to pay $2,447 in taxes per year. The property on 516 Smith Grove Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $502,600. To break that down further, the land itself was valued at $21,000. While improvements to the property were assessed at a total of $481,600. 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: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 648
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 98,010
  • Total Building Area: 2,625
  • Building Area: 2,625
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Ventilation system
  • Heating: Heat pump
  • Heated Square Feet: 2,625
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SMITH GROVE HILLS
  • Land Acres: 2.25
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SMITH GROVE HILLS LO2 PL20-46

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R15ETJ

Geography

  • District: 04
  • Parcel: 1628349
  • Lot: 2
  • Municipality: COOL SPRINGS
  • Latitude: 35.361
  • Longitude: -81.8927

    Address

  • Full Address: 516 Smith Grove Rd
  • Address - House Number: 516
  • Address - Street Name: Smith Grove
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Forest City
  • Carrier Code: R002
  • 4-Digit Zip Code: 7691
  • Zip Code: 28043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,447

    Appraisal Valuation

  • Standard Deviation: 0.147
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 70
  • Final Value: 372,707
  • High Value: 427,507
  • Low Value: 317,906

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Dec 16, 2021
  • First Open Lien Mortgage Loan Amount: $130,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2042

    Market Valuation

  • Market Total Value: $502,600
  • Market Land Value: $21,000
  • Market Improvement Value: $481,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $502,600
  • Assessed Land Value: $21,000
  • Assessed Improvements Value: $481,600

About Rutherford



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Frequently Asked Questions

What neighborhood is 516 Smith Grove Road located in?
The 516 Smith Grove Road is a located in the neighborhood of Rutherford in Rutherford, Forest City.
What is the average sales price for listings in 516 Smith Grove Road?
The average sales price for units in 516 Smith Grove Road is $0 currently.

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