NOT LISTED FOR SALE

1220 S Franklin St Wake Forest, NC 27587

Estimated Value: $415,000

3 Beds
2.5 Baths
1,938 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 02, 2023

Last sale price $365,000 $188 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,734/month

56 Days on Market

Highlights

  • New Construction
  • Bonus Room
  • Tile Flooring
  • Transitional Architecture
  • Community Pool
  • Central Air

About This Home

As of January 2023

Holding Village offers the best value in Wake Forest! The Scarlett makes guests feel at home when you entertain. The two-car rear load garage offers parking or extra storage. The open layout lends itself to socializing, with gathering areas connected to a well-appointed kitchen. The Owner’s Suite is the perfect place to retreat to at the end of the day with a spacious bath and walk-in closet. Enjoy lakeside living and amenities including swimming pool, cabana, firepit, pocket parks, walking trails, and more! Convenient location near Wegman's, downtown Wake Forest, and lots of retail/dining. This home is estimated to be completed November - December 2022.

Last Agent to Sell the Property

Alex Lilly

Pulte Home Company LLC License #275120 Listed on: 09/15/2022

Pulte Home Company LLC

Last Buyer's Agent

Liz Ballard

Keller Williams Elite Realty License #260672

Keller Williams Elite Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,209

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 24x59x24x59

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Transitional Architecture
  • Frame Construction

Interior Spaces

  • 1,938 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Dining Room
  • Bonus Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Wake Forest Elementary And Middle School
  • Wake Forest High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Community Details

Overview

  • Association fees include maintenance structure
  • Hv Owners Association
  • Holding Village Subdivision, Scarlett Floorplan

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,209

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$210 per month

Parking

2

Listing Details

  • Builder Model: Scarlett
  • Year Built: 2022
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure
  • Subdivision Name: Holding Village
  • Above Grade Finished Sq Ft: 1938.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 24x59x24x59
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2022-11-01
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • General Property Information Above Grade Finished Area: 1938.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information Builder Model: Scarlett
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Acres: 0.05
  • Construction Type: Fiber Cement
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: HV Owners Association
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: HV Owners Association
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association Fee: 210.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 24x59x24x59
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Wake Forest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Dec 28, 2022
Sold by
Pulte Home Company Llc
Bought by
Ballard Elizabeth A
Seller's Agent
Alex Lilly
Pulte Home Company LLC
Buyer's Agent
Liz Ballard
Keller Williams Elite Realty
List Price
$415,585
Sold Price
$365,000
Premium/Discount to List
-$50,585
-12.17%
Views
38
Current Estimated Value
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,000
Avg. Annual Appreciation
0.21%
Original Mortgage
$365,000
Outstanding Balance
$355,626
Interest Rate
6.61%
Mortgage Type
VA
Estimated Equity
$11,374
Source: Public Records

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
Ballard Elizabeth A $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballard Elizabeth A $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $365,000 -- --
01/02/2023 01/02/23 Sold $365,000 -3.9% $188 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $379,900 -5.2% $196 / Sq Ft
10/10/2022 10/10/22 Price Changed $400,585 -3.6% $207 / Sq Ft
09/14/2022 09/14/22 For Sale $415,585 -- $214 / 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 $3,209 $373,621 $75,000 $298,621
2023 $3,233 $321,512 $70,000 $251,512
2022 $780 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Lilly

    Seller's Agent in 2023

    Alex Lilly

    Pulte Home Company LLC

    (804) 301-5656

    100 in this area

    2,021 Total Sales

    Alex Lilly
    Section Image
  • Liz Ballard

    Buyer's Agent in 2023

    Liz Ballard

    Keller Williams Elite Realty

    (281) 871-8297

    3 in this area

    112 Total Sales

    Liz Ballard
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2474122

Doorify MLS

APN: 1840.03-44-8947-000

North Carolina Wake County Wake Forest 27587

1220 S Franklin St, Wake Forest, NC

This home is located at 1220 S Franklin St, Wake Forest, NC 27587 since 15 September 2022 and is currently estimated at $415,000, approximately $214 per square foot. This property was built in 2022. 1220 S Franklin St is a home located in Wake County with nearby schools including Wake Forest Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

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