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7 Forest Lane

7 Forest Lane, Black Mountain, NC 28711
Property in Buncombe
Sold Oct 01, 2009
$150,000
Sold Jul 15, 2003
$117,500
$94,000 by Black Mountain Savings Bank Ss
Mortgage Due Jul 01, 2026
Local assessors in Black Mountain, NC have categorized 7 Forest Lane as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 14,375 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 4 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 7 Forest Lane has a total of 932 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 264 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is unsound. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Sep 29, 2009 for $150,000. That's $125.42 per sqft. Prior to that sales transaction, the property was also sold in Jun 11, 2003 for $117,500. 7 Forest Lane was last assessed in 2023. The total value of the property was assessed at $227,000. Specifically, the land the property is located on was valued at $59,300. While improvements on the property were assessed at a total of $167,700. 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 $1,802. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Unsound
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 1,196
  • Gross Building Area: 1,196
  • Building Area: 932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SURVEY FOR SHARON L CARLETON
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIV: BLOCK: LOT: SECTION: PLAT: 0000-0000

Ownership

  • Current Owner : WILLIAMSON GERMAINE
  • Previous Owner : FORESTER AVERY RYAN
  • Owner Before Previous Owner: CONCA CAMILLE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Buncombe County Schools
  • School Tax School District: CBM
  • Census Tract: 003103

Zoning

  • Zoning: TR-4

Geography

  • Assessors Map Reference: 0609-80
  • Account Number: 703862-2020-202
  • District: 25
  • Parcel: 0609-80-6036-00000
  • Municipality: BLACK MOUNTAIN
  • Latitude: 35.6003
  • Longitude: -82.3357

    Address

  • Full Address: 7 Forest Ln
  • Address - House Number: 7
  • Address - Street Name: Forest
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Black Mountain
  • Carrier Code: R003
  • 4-Digit Zip Code: 8790
  • Zip Code: 28711

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,802
  • Tax Rate Code Area: CBM

    Appraisal Valuation

  • Standard Deviation: 0.2384
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 66
  • Final Value: 365,117
  • High Value: 452,176
  • Low Value: 278,059

    Market Valuation

  • Market Total Value: $227,000
  • Market Land Value: $59,300
  • Market Improvement Value: $167,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,000
  • Assessed Land Value: $59,300
  • Assessed Improvements Value: $167,700

    Sales

  • Current Sale Contract Date: Sep 29, 2009
  • Current Sale Recording Date: Oct 01, 2009
  • Current Sale Transaction ID: 1196502777
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 15, 2003
  • Previous Sale Contract Date: Jun 11, 2003
  • Previous Sale Amount: $117,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Oct 01, 2009
  • First Mortgage Loan Amount: $135,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2029

    Previous Mortgages

  • Previous Mortgage Lender: BLACK MOUNTAIN SAVINGS BANK SS
  • Previous Mortgage Transaction Date: Jul 15, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $94,000
  • Previous Mortgage Term: 275
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jul 01, 2026

About Black Mountain



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Frequently Asked Questions

What neighborhood is 7 Forest Lane located in?
The 7 Forest Lane is a located in the neighborhood of Buncombe in Black Mountain, Black Mountain.
What is the average sales price for listings in 7 Forest Lane?
The average sales price for units in 7 Forest Lane is $0 currently.

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