8.62 acre residential parcel located on a quiet dead-end road in the heart of Durham NC. Shared pond with adjacent family members with deed restriction. Valley Spring Park located across the street Public Water along the front of the property. Sewer force main runs along the property line but cannot connect.Septic field required. Easy access to Downtown Durham- 5.3 miles, I 40- 9 miles, I 85- 2.3 miles, RTP- 11 miles, and Chapel Hill- 11 miles Zoned RS-20
Property Details
Property Features
Listing Office:
Office Name: TradeMark Residential
Office Phone: (919) 510-4010
Listing Agent: Michael Keen
Exterior Features
Exterior Information:
View: Pond, Rural
Lot Features
Lot Information:
Lot: Pond On Lot
Lot Size: 8.62 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $534,626
Tax Information:
Annual Amount: $119
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Durham, NC.
Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 7:21:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$119
$9,351
2020
$116
$9,351
2019
-
$9,351
2018
$1,821
$134,207
2017
$1,807
$134,207
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,736
Per Month
Principal & Interest
$2,669
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,669
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Hillandale Elementary School
2730 Hillandale Rd
Distance between this listing and this school1.36 miles
Public District Grades PK-5
7
/10
Easley Elementary School
302 Lebanon Cir
Distance between this listing and this school2.13 miles
Public Magnet Grades KG-5
6
/10
Holt Elementary School
4019 Holt School Rd
Distance between this listing and this school2.83 miles
Public Magnet Grades PK-5
Nearby Schools
6
/10
Carrington Middle School
227 Milton Rd
Distance between this listing and this school3.04 miles
Public District Grades 6-8
3
/10
Excelsior Classical Academy
4100 N Roxboro St
Distance between this listing and this school3.23 miles
Public Charter Grades KG-9
5
/10
Brogden Middle School
1001 Leon St
Distance between this listing and this school3.46 miles
Public District Grades 6-8
Nearby Schools
4
/10
Riverside High School
3218 Rose of Sharon Rd
Distance between this listing and this school0.80 miles
Public District Grades 9-12
8
/10
City of Medicine Academy
301 Crutchfield St
Distance between this listing and this school3.21 miles
Public District Grades 9-12
9
/10
Voyager Academy
101 Hock Parc
Distance between this listing and this school3.49 miles
The neighbors living near this home have an average income of $86,203. The majority of Durham, NC residents have income between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Durham, NC
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Durham, NC.
Durham's housing market is diverse, offering a range of options from historic bungalows to contemporary condominiums. Single-family homes are prevalent, making up a significant portion of the housing stock, with a mix of older, charming homes and newer constructions. Apartments and townhouses are also available, providing alternatives for those seeking a more urban living experience. The architectural styles in Durham are varied, with a blend of classic colonial, ranch-style, and modernist influences throughout the city.
What is it like to live in Durham, NC?
Durham is celebrated for its vibrant arts scene and entrepreneurial spirit. The community prides itself on a rich cultural heritage that is evident in its numerous festivals, live music venues, and the renowned American Dance Festival. The city's character is further defined by its commitment to innovation, with a bustling downtown that reflects a blend of historic preservation and modern development.
Is it easy to get around Durham, NC without a car?
The community is served by a robust educational system, including a number of public and private schools, as well as prestigious higher education institutions like Duke University and North Carolina Central University. Healthcare is well-represented with several hospitals offering a range of services from emergency care to specialized treatments. Durham also features a network of public libraries and a variety of shopping and dining options that showcase the local flavors and craftsmanship.
Transportation in Durham, NC.
Durham's transportation infrastructure supports both private and public transit options. The city has a comprehensive bus system that connects various neighborhoods and key points of interest. The area is also bike-friendly, with dedicated lanes and trails for cyclists. Major highways and thoroughfares such as Interstate 85 and Highway 70 facilitate easy commuting and travel to and from the city. Efforts are continually made to enhance the efficiency and accessibility of the city's transportation network.
Frequently Asked Questions About 4000 Forrestdale Dr
What is the listing price of this property?
The listing price of 4000 Forrestdale Dr property is $534,626.
What type of property is this?
The property 4000 Forrestdale Dr is land located in Durham, North Carolina, 27712.
Is this property for sale now?
Active Listing: 4000 Forrestdale Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $119 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4000 Forrestdale Dr in Durham, NC and zip code 27712. This home sits on a 8.62 acre lot. It has been listed on Rocket Homes since February 25, 2024 and is currently priced at $534,626.
In November 2024, from all listings sold in Durham, NC there were more than 63 sold above asking price, over 126 sold below and more than 58 were sold right at the asked price. The number of homes for sale in Durham, NC decreased by 6.8% between October 2024 and November 2024. Listings spent 30 days on the market in November 2024, and had a median list price of $424,671 during the same period.
From Rocket Homes Real Estate and based on county public records data.