565 Oak St, Forest City, NC 28043 Property Records

Rutherford County property record for 565 Oak St, Forest City, NC 28043

Property Summary

Property Type	Commercial
Details	1 ba · 6,404 sqft · built 1976
Lot Size	2.95 acres (128,502 sqft)
Owner	Company Name on File
Last Sale	$2,000,000 (Sep 2023)
Tax Bill	$8,055 (2025)
Deeds & Mortgages	Mar 2026 Mortgage Feb 2024 Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`0418693`

Property Details

APN / Parcel Number

Primary APN	`0418693`
Alternative APNs	`418693` `6520`

Interior

Full Baths	1 Bath
Half Baths	2 Half Baths
Stories	1 Story
Building Area	6,404 sqft Total Area
Office	1,344 sqft

Exterior

Year Built	Built 1976
Effective Year Built	Effective 1976
Architectural Style	Ranch
Exterior Material	Precast Concrete Panel
Roof Type	Flat
Roof Material	Tar & Gravel
Lot Area	128,502 sqft (2.95 acres)
Garage Area	840 sqft
Parking Spaces	3 Parking Spaces
Canopy	3,776 sqft
Utility Building	300 sqft

Utilities, Heating & Cooling

Cooling System	Partial
Heating System	Other
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	565 OAK ST
City	FOREST CITY
State	NC
Zip	28043-3582
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	C3
Legal Description	GPIN:1548050826320000; BLDG.BUTLER ROAD
Jurisdiction	RUTHERFORD NC
Township / Civil Division	COOL SPRING
Census Block Group	2
Census Block	2013
Census Tract	960800

Owner

565 Oak St, a commercial property, is owned by a company that bought it in September 2023.

Source: Rutherford County records, as of June 3, 2026

Owner of Record	Company Name on File
Mailing Address	565 OAK ST, FOREST CITY, NC 28043-3582
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Mar 31, 2026	Deed of Trust, Mortgage · Commercial Mortgage FIRST CITIZENS BANK & TRUST CO
Feb 29, 2024	Deed of Trust, Mortgage · Line of Credit CFA M INC
Sep 29, 2023	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 29, 2023 · Amount on File
Deed Sale	Sep 29, 2023 · Amount on File
Prior Sale	Aug 7, 2015 · Amount on File
Deed Book / Page	2075 / 2345
Record Updated	Sep 20, 2026

March 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RUTHERFORD NC
Property Address	565 OAK ST, FOREST CITY, NC 28043-3582
Transaction Type	Mortgage
Record Updated	Apr 23, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	642 DOGGETT RD, FOREST CITY, NC 28043-8148

Mortgage

Document Number	0021010984
Date	Mar 31, 2026
Book Page	2101/984

Lender

Name	FIRST CITIZENS BANK & TRUST CO
Type	Bank
Address	RALEIGH, NC 27611

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

February 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RUTHERFORD NC
Property Address	565 OAK ST, FOREST CITY, NC 28043-3582
Transaction Type	Mortgage
Record Updated	Apr 4, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 1616, FOREST CITY, NC 28043-1616

Mortgage

Document Number	0020792212
Date	Feb 29, 2024
Book Page	2079/2212

Lender

Name	CFA M INC
Type	Non-Lending Institution
Address	FOREST CITY, NC 28043

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	61 Months
Due	Mar 1, 2029

September 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RUTHERFORD NC
Recording Date	Sep 29, 2023
Property Address	565 OAK ST, FOREST CITY, NC 28043-3582
Document Number	0020752345
Book / Page	2075 / 2345
Instrument Date	Sep 29, 2023
Transaction Type	Transfer
Record Updated	Oct 19, 2023

Transaction

Amount	Amount on Record
Tax	$4,000.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	PO BOX 547, BOSTIC, NC 28018-0547

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 1616, FOREST CITY, NC 28043-1616

Tax Assessment & Valuation

The 2025 property tax bill for 565 Oak St was $8,055.

Source: Rutherford County assessment roll, as of August 29, 2025

Property Jurisdictions

Type	Name
State	North Carolina
County	Rutherford County
Municipality	Forest City Town
Unified School District	Rutherford County Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$8,055.00	$767,300 Land $364,200 Building $403,100	$767,300 Land $364,200 Building $403,100
2023		$767,300 Land $364,200 Building $403,100	$767,300 Land $364,200 Building $403,100
2022	$689.00 (-9%)
2021	$6,890.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 565 Oak St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective April 18, 2014

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 565 Oak St is low, with a 0.02% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 76% of North Carolina
Wildfire Likelihood	0.02% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	TOWN OF FOREST CITY serves 21,521 people · EPA ID NC0181010
Water Source	Surface water
Last State Inspection	Aug 2025
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 175 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Vyve Broadband Cable	2,000 / 50
Verizon Fixed Wireless	300 / 20
AT&T DSL · Fiber in parts of the area	100 / 20

May also be available: Pangaea Internet.

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