NOT LISTED FOR SALE

1016 Tranquil Creek Way Wake Forest, NC 27587

Estimated Value: $322,000 - $365,000

3 Beds
2.5 Baths
1,593 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $327,000 $205 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,342/month

71 Days on Market

Highlights

  • Craftsman Architecture
  • Clubhouse
  • Community Pool
  • Richland Creek Elementary School Rated A-
  • Wood Flooring
  • Cooling Available

About This Home

As of June 2023

Beautiful appointed townhouse in traditions at wake forest. Open floor plan with stunning hardwood floors. very nice cabinet with granite countertop and stainless steel appliances.Three bedrooms upstairs, Large size master bedroom with tray celling dual vanity BA& WIC. All three bed room has ceiling fan. screened back porch, one car garage. convenient to Raleigh, Durham and RDU airport.

Last Listed By

Sue Googe

Geotek Realty License #257665 Listed on: 03/04/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,575

Year Built

  • Built in 2016

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 20x80

HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,593 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Richland Creek Elementary School
  • Wake Forest Middle School
  • Heritage High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

Overview

  • Association fees include sewer
  • Traditions Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,575

Year Built

Built in 2016

Lot Details

0

HOA Fees

$161 per month

Parking

1

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential
  • Reso Association Fee Includes: Sewer
  • Subdivision Name: Traditions
  • Above Grade Finished Sq Ft: 1593.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 20x80
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Structure Type Site Built: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Primary Bedroom Level: 2
  • Flooring Wood: Yes
  • Architectural Style Craftsman: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Above Grade Finished Area: 1593.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 871.2
  • General Property Information Lot Size Acres: 0.02
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Combination, Wood
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.02
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 259.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 225.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 225.0
  • General Property Information:Association Fee Frequency: Quarterly
  • General Property Information:Association Fee 2: 259.0
  • General Property Information:Association Fee 2 Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Heritage
  • Middle Or Junior School: Wake - Wake Forest

Lot Info

  • Lot Dimensions: 20x80
  • Lot Size Sq Ft: 871.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2575.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2023
Closed on
Jun 15, 2023
Sold by
Feng Chengcheng and Feng Philip Bryan
Bought by
Tutchings Thomas John and Taylor Laura
Seller's Agent
Sue Googe
Geotek Realty
Buyer's Agent
Erica Anderson
Team Anderson Realty
List Price
$339,000
Sold Price
$327,000
Premium/Discount to List
-$12,000
-3.54%
Total Days on Market
71
Views
155
Current Estimated Value
$346,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,688
Avg. Annual Appreciation
3.12%
Original Mortgage
$317,190
Outstanding Balance
$308,428
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$38,260

Purchase Details

Closed on
Dec 6, 2017
Sold by
Trustee Services Inc
Bought by
Feng Chengcheng

Purchase Details

Closed on
Jun 9, 2016
Sold by
Wilson Parker Homes Of Wake Forest Inc
Bought by
Piner Wesley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,796
Interest Rate
3.64%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tutchings Thomas John $327,000 None Listed On Document
Feng Chengcheng $178,000 None Available
Piner Wesley B $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tutchings Thomas John $317,190
Previous Owner Piner Wesley B $210,796
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $327,000 -- --
06/15/2023 06/15/23 Sold $327,000 -0.9% $205 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/05/2023 05/05/23 Price Changed $329,900 -1.2% $207 / Sq Ft
04/07/2023 04/07/23 Price Changed $334,000 -0.3% $210 / Sq Ft
03/10/2023 03/10/23 Price Changed $335,000 -1.2% $210 / Sq Ft
03/03/2023 03/03/23 For Sale $339,000 -- $213 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,104 $325,641 $50,000 $275,641
2023 $2,684 $229,266 $42,000 $187,266
2022 $2,575 $229,266 $42,000 $187,266
2021 $2,530 $229,266 $42,000 $187,266
2020 $2,530 $229,266 $42,000 $187,266
2019 $2,634 $210,663 $42,000 $168,663
2018 $2,494 $210,663 $42,000 $168,663
2017 $2,411 $210,663 $42,000 $168,663
2016 $849 $42,000 $42,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2497851

Doorify MLS

APN: 1851.03-11-1565-000