NOT LISTED FOR SALE

1220 Chipper Ln Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $418,000 - $509,000

1 Bed
1.5 Baths
1,262 Sq Ft
$369/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $388,000 $307 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,688/month

6 Days on Market

Highlights

  • 3.05 Acre Lot
  • Wood Flooring
  • Bonus Room
  • Pleasant Union Elementary School Rated A
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of September 2021

Magnificent Loft with 2 Car garage on almost 3 acres of land! Property includes Architectural plans to finish this spectacular home should you desire to do so. This loft has 4 bedroom septic tank and an enormous gourmet kitchen, Luxury Dual Sink and Rain shower spa bath. Gourmet Kitchen has High-end soft close Cabinets with Quartz counter tops. Must See!

Last Agent to Sell the Property

Janeth Moran

Chateaux Realty, Inc. License #266278 Listed on: 06/19/2021

Last Buyer's Agent

Michael Park

New Star Realty & Investment License #247427

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $652

Year Built

  • Built in 2020

Lot Details

  • 3.05 Acre Lot
  • Cleared Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,262 Sq Ft Home
  • 2-Story Property
  • Bonus Room
  • Wood Flooring
  • Crawl Space
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Schools

  • Pleasant Union Elementary School
  • Wakefield Middle School
  • Wakefield High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include unknown

Home Details

Home Type

Single Family

Est. Annual Taxes

$652

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2020
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1262.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: Buyer to Perform Survey
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Room Types Bonus Room: Yes
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Above Grade Finished Area: 1262.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 132814.44
  • General Property Information Lot Size Acres: 3.049
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Eat-in Kitchen
  • Basement: Crawl Space
  • Appliances: Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 3
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 3.05
  • Construction Type: Fiber Cement
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: Buyer to Perform Survey
  • Lot Size Sq Ft: 132814.44
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 652.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Pleasant Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Jul 21, 2021
Sold by
Vass Justin Thomas
Bought by
Jones Hui Suk
Seller's Agent
Janeth Moran
Chateaux Realty, Inc.
Buyer's Agent
Michael Park
New Star Realty & Investment
List Price
$381,400
Sold Price
$388,000
Premium/Discount to List
$6,600
1.73%
Current Estimated Value
$465,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,392
Avg. Annual Appreciation
4.57%
Original Mortgage
$253,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2019
Sold by
Edwards Marvin and Edwards Phyllis
Bought by
Vass Justin Thomas

Purchase Details

Closed on
Jan 17, 2003
Sold by
Gregory Billy T and Gregory Brenda M
Bought by
Edwards Marvin and Edwards Phyllis
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jones Hui Suk $388,000 None Available
Vass Justin Thomas $84,500 None Available
Edwards Marvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Hui Suk $253,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $388,000 -- --
09/09/2021 09/09/21 Sold $388,000 +1.7% $307 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $381,400 -- $302 / 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
2025 $2,531 $392,627 $154,000 $238,627
2024 $2,458 $392,627 $154,000 $238,627
2023 $1,826 $231,638 $84,200 $147,438
2022 $1,693 $231,638 $84,200 $147,438
2021 $1,648 $231,638 $84,200 $147,438
2020 $582 $84,200 $84,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Janeth Moran

    Seller's Agent in 2021

    Janeth Moran

    Chateaux Realty, Inc.

    (919) 533-9418

    1 in this area

    28 Total Sales

    Janeth Moran
    Section Image
  • Michael Park

    Buyer's Agent in 2021

    Michael Park

    New Star Realty & Investment

    (919) 601-3997

    1 in this area

    23 Total Sales

    Michael Park
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2390730

Doorify MLS

APN: 1803.04-80-0380-000

North Carolina Wake County Wake Forest 27587 Falls Lake

1220 Chipper Ln, Wake Forest, NC

This home is located at 1220 Chipper Ln, Wake Forest, NC 27587 since 19 June 2021 and is currently estimated at $465,392, approximately $368 per square foot. This property was built in 2020. 1220 Chipper Ln is a home located in Wake County with nearby schools including Pleasant Union Elementary School, Wakefield Middle, and Wakefield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. 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. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes