NOT LISTED FOR SALE

1116 Chilmark Ave Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $647,000 - $747,000

5 Beds
3.5 Baths
3,471 Sq Ft
$198/Sq Ft Est. Value

Sale Details

Date Sold: October 28, 2021

Last sale price $585,000 $169 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,146 / mo

47 Days on Market

Highlights

  • Deck
  • Recreation Room
  • 1.5-Story Property
  • Richland Creek Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of October 2021

ALL BRICK RANCH home on over 1/2 acre! Easy, multi-generational living w/5 main floor bedrooms AND an office! Huge 2nd fl. bonus room w/full bath. The private owners' suite has walk-in closet, garden tub, large walk-in shower & access to rear deck. NEW ROOF installed 2020. Chef's kitchen boasts beautiful quartz countertops, double ovens, stainless appliances & breakfast nook. Extensive deck overlooks private yard w/wooded buffer & storage shed. Convenient to US1, grocery stores, retail & restaurants!

Last Agent to Sell the Property

Jennifer Spencer

Spencer Properties License #189567 Listed on: 08/02/2021

Last Buyer's Agent

CJ Jones

Mark Spain Real Estate License #320663

Mark Spain Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,809

Year Built

  • Built in 1998

Lot Details

  • 30,056 Sq Ft Lot
  • Lot Dimensions are 166x19x160x196x143
  • Landscaped
  • Corner Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • 1.5-Story Property
  • Transitional Architecture
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,471 Sq Ft Home
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Laundry on main level
  • Crawl Space
  • Unfinished Attic
  • Fire and Smoke Detector

Kitchen

  • Built-In Double Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Shower Only in Primary Bathroom
  • Separate Shower

Accessible Home Design

  • Accessible Washer and Dryer
  • Accessible Doors
  • Accessible Approach with Ramp
  • Accessible Entrance

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Riverstone HOA
  • Riverstone Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,809

Year Built

Built in 1998

Lot Details

0.69 Acres

HOA Fees

$17 per month

Parking

2

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Subdivision Name: Riverstone
  • Above Grade Finished Sq Ft: 3471.0
  • Architectural Style: Ranch, Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One, One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 166x19x160x196x143
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Ranch: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Bedroom 5 Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: ALL BRICK RANCH home on over 1/2 acre! Easy, multi-generational living w/5 main floor bedrooms AND an office! Huge 2nd fl. bonus room w/full bath. The private owners' suite has walk-in closet, garden tub, large walk-in shower & access to rear deck. NEW ROOF installed 2020. Chef's kitchen boasts beautiful quartz countertops, double ovens, stainless appliances & breakfast nook. Extensive deck overlooks private yard w/wooded buffer & storage shed. Convenient to US1, grocery stores, retail & restaurants!
  • Levels One and One Half: Yes
  • Room Types Recreation Room3: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 3471.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 30056.4
  • General Property Information Lot Size Acres: 0.69
  • General Property Information:Living Area3: 3471.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, Granite Counters, High Speed Internet, Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Shower Only, Smooth Ceilings, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), Whirlpool Tub
  • Basement: Crawl Space
  • Appliances: Dishwasher, Double Oven, Electric Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Quartz Counters: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Interior Features:High Speed Internet: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.69
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Deck, Porch
  • Accessibility Features:Accessible Door(s): Yes
  • Accessibility Features:Accessible WasherDryer: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes
  • Accessibility Features:Accessible Entrance: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association Name: Riverstone HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Riverstone HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 166x19x160x196x143
  • Lot Size Sq Ft: 30056.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4809.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Oct 25, 2021
Sold by
Chilmark 1116 Llc
Bought by
Samuel Neelam and Jewell Jeffrey
Seller's Agent
Jennifer Spencer
Spencer Properties
Buyer's Agent
CJ Jones
Mark Spain Real Estate
List Price
$625,000
Sold Price
$585,000
Premium/Discount to List
-$40,000
-6.4%
Current Estimated Value
$687,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,170
Avg. Annual Appreciation
3.62%
Original Mortgage
$400,000
Outstanding Balance
$365,553
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$321,617

Purchase Details

Closed on
Oct 17, 2018
Sold by
Stewart Rollins W and Stewart Mary B
Bought by
Chilmark 1116 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,600
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Carter Foell Builders Inc
Bought by
Stewart Rollins W and Stewart Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1998
Sold by
Adams Fry Developments Llc
Bought by
Carter Foell Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Samuel Neelam $585,000 None Available
Chilmark 1116 Llc $395,000 None Available
Stewart Rollins W $350,000 --
Carter Foell Builders Inc $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samuel Neelam $400,000
Previous Owner Chilmark 1116 Llc $469,600
Previous Owner Stewart Rollins W $220,000
Previous Owner Carter Foell Builders Inc $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $585,000 -- --
10/28/2021 10/28/21 Sold $585,000 -2.3% $169 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/02/2021 09/02/21 Price Changed $599,000 -0.2% $173 / Sq Ft
09/02/2021 09/02/21 Price Changed $600,000 -4.0% $173 / Sq Ft
08/13/2021 08/13/21 For Sale $625,000 -- $180 / Sq Ft
Source: Doorify MLS

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
2025 $5,814 $605,430 $100,000 $505,430
2024 $5,903 $605,430 $100,000 $505,430
2023 $5,103 $437,456 $80,000 $357,456
2022 $4,895 $437,456 $80,000 $357,456
2021 $4,810 $437,456 $80,000 $357,456
2020 $4,810 $437,456 $80,000 $357,456
2019 $4,784 $384,004 $62,000 $322,004
2018 $4,530 $384,004 $62,000 $322,004
2017 $4,378 $384,004 $62,000 $322,004
2016 $4,323 $384,004 $62,000 $322,004
2015 $4,912 $431,208 $90,000 $341,208
2014 $4,755 $431,208 $90,000 $341,208
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Spencer

    Seller's Agent in 2021

    Jennifer Spencer

    Spencer Properties

    (919) 602-7411

    36 in this area

    326 Total Sales

    Jennifer Spencer
    Section Image
  • CJ Jones

    Buyer's Agent in 2021

    CJ Jones

    Mark Spain

    (828) 400-3401

    5 in this area

    195 Total Sales

    CJ Jones
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2399333

Doorify MLS

APN: 1831.12-97-2355-000

North Carolina Wake County Wake Forest 27587 Falls Lake

1116 Chilmark Ave, Wake Forest, NC

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