Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 26M+ properties All 50 states Methodology

409 Forest Lake Rd

Forest City, NC 28043

4 bd 3 ba 3,392 sqft Built 1974 Lot 20,473 sqft single_family
Most recent sale
$228,000
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 30, 2024 Sold $237,000 Public Record
Apr 1, 2022 Sold $228,000 MLS #3825316
Feb 17, 2022 Price changed $235,000 MLS #3825316
Feb 3, 2022 Listed $265,000 MLS #3825316
Nov 22, 2016 Sold $123,500 Public Record
Mar 2, 2011 Listing removed $155,000 NWCarolina
Mar 1, 2011 Listing removed $155,000 Rutherford
Mar 1, 2011 Listed $155,000 MLS #474896
Oct 14, 2010 Listed $155,000 MLS #35833

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $249,500 $28,000 $277,500 $1,574
2023 $249,500 $28,000 $277,500 $1,537
2022 $141,800 $28,000 $169,800 $1,191
2021 $141,800 $28,000 $169,800 $1,192
2020 $141,800 $28,000 $169,800 $1,192
2019 $141,800 $28,000 $169,800 $1,150
2018 $91,000 $20,000 $111,000 $763
2017 $91,000 $20,000 $111,000 $763
2016 $91,000 $20,000 $111,000 $763
2015 $91,000 $20,000 $111,000 $763
2014 $91,000 $20,000 $111,000 $763
2013 $91,000 $20,000 $111,000 $763
2012 $91,000 $20,000 $111,000 $763
2011 $98,500 $20,000 $118,500 $723
2010 $98,500 $20,000 $118,500 $723
2009 $98,500 $20,000 $118,500 $723
2008 $98,500 $20,000 $118,500 $723

Property facts

Year built
1974
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,392 sqft
Lot size
20,473 sqft
ZIP code
28043
City
Forest City
Street
Forest Lake Rd
Coordinates
35.36509, -81.87679

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,368
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 409 Forest Lake Rd last sell?
409 Forest Lake Rd most recently sold on Apr 1, 2022 for $228,000.
What is the current tax assessment for 409 Forest Lake Rd?
The most recent total assessment for 409 Forest Lake Rd (year 2025) is $277,500 with $1,574 in property tax.
How does 409 Forest Lake Rd's assessment compare to its last sale price?
The current assessment is 21.7% above the last sale price of $228,000.
When was 409 Forest Lake Rd built?
409 Forest Lake Rd was built in 1974.
How does 409 Forest Lake Rd compare to others on Forest Lake Rd?
We track 8 other properties on Forest Lake Rd. Browse the list under "Other properties on Forest Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 409 Forest Lake Rd?
409 Forest Lake Rd is a 4 bed, 3 bath, 3,392 sqft, 20,473 sqft lot single_family.
Is 409 Forest Lake Rd a flip candidate?
No — 409 Forest Lake Rd does not appear in our flips dataset.
Is 409 Forest Lake Rd a tax-appeal candidate?
Yes — 409 Forest Lake Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.1%
Implied 1-yr
+4.3%
2026 Q3
$234.6K
2026 Q4
$237K
ZIP 28043 — Median Price History + Forecast

Explore nearby