Sold Sep 27, 2016
$100,000
$189,814
by Loan Pronto, Inc.
Mortgage Due Mar 01, 2054
Sold Sep 20, 2012
$65,000
$66,326
by Hometrust Bank
Mortgage Due Oct 01, 2042
534 Forest Lake Road has been categorized by the local assessors in Forest City, NC as a residential type of property.
The building on the property was first built in 1971 and is 53 years old.
The home has a total of 3 bedrooms.
Residents will have access to 2 full bathrooms.
There are 2 partial bathrooms in the home.
The building has a total of 2 stories.
In addition, 534 Forest Lake Road has 2,226 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 20,038 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with ventilation system at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Sep 27, 2016 for $100,000. That's $44.92 per sqft. Prior to that sales transaction, the property was also sold in Sep 18, 2012 for $65,000. 534 Forest Lake Road was last assessed in 2023. The total value of the property was assessed at $218,700. Specifically, the land the property is located on was valued at $24,000. While improvements on the property were assessed at a total of $194,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $994. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
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. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with ventilation system at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Sep 27, 2016 for $100,000. That's $44.92 per sqft. Prior to that sales transaction, the property was also sold in Sep 18, 2012 for $65,000. 534 Forest Lake Road was last assessed in 2023. The total value of the property was assessed at $218,700. Specifically, the land the property is located on was valued at $24,000. While improvements on the property were assessed at a total of $194,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $994. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.
534 Forest Lake Road, Forest City, NC 28043
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