NOT LISTED FOR SALE

1301 Wait Ave Wake Forest, NC 27587

Estimated Value: $388,000 - $457,966

3 Beds
2.5 Baths
1,793 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $380,350 $212 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,392/month

1 Day on Market

Highlights

  • 0.63 Acre Lot
  • Deck
  • Wood Flooring
  • Richland Creek Elementary School Rated A-
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of May 2023

Beautiful contemporary home nestled in the trees on .63 acres! This home offers a spacious open concept living area and kitchen, dining and breakfast area, 3 large bedrooms 2.5 bathrooms and a large detached 2 car garage. Two of the three bedrooms have their own porch to enjoy your morning coffee, plus a large back deck off of the kitchen, great for entertaining. Some amazing key features and upgrades: Lots of natural light, newly painted exterior, new septic 2022, new well pump 2022, new roof 2022, updated kitchen backsplash and range hood, new paint throughout, new carpet in bedrooms/stairs and new laminate in entrance/dining area. Move right in and enjoy your very own private getaway/retreat.

Last Agent to Sell the Property

Kayla Garcia

WHY REALTY GROUP/KW Realty Platinum License #310293 Listed on: 05/03/2023

Co-Listed By

Bradley Congleton

WHY REALTY GROUP/KW Realty Platinum License #287229

Last Buyer's Agent

Tina Caul

EXP Realty LLC License #267133

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,655

Year Built

  • Built in 1988

Lot Details

  • 0.63 Acre Lot
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 1,793 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Utility Room
  • Crawl Space
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • 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

$1,655

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1988
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Co List Office Mls Id: 81441
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1793.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split, One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Plat Map
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Flooring Laminate: Yes
  • Levels One and One Half: Yes
  • Architectural Style Contemporary: Yes
  • Levels MultiSplit: Yes
  • General Property Information Above Grade Finished Area: 1793.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 27442.8
  • General Property Information Lot Size Acres: 0.63
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Laminate, Tile, Wood
  • Interior Amenities: Entrance Foyer, Kitchen/Dining Room Combination
  • Basement: Crawl Space
  • Appliances: Electric Cooktop, Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.63
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck, Patio, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Driveway, Garage, Gravel
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Detached: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: See Plat Map
  • Lot Size Sq Ft: 27442.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1655.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
May 30, 2023
Sold by
Ortega Diana and Ortega Rafael
Bought by
Sparta Starla and Sparta Salvatore J
Seller's Agent
Kayla Garcia
WHY REALTY GROUP/KW Realty Platinum
Buyer's Agent
Tina Caul
EXP Realty LLC
List Price
$375,000
Sold Price
$380,350
Premium/Discount to List
$5,350
1.43%
Views
38
Current Estimated Value
$414,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,892
Avg. Annual Appreciation
3.73%
Original Mortgage
$300,000
Outstanding Balance
$289,722
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$124,521

Purchase Details

Listed on
Mar 12, 2022
Closed on
Apr 20, 2022
Sold by
Lilly Thomas Ivan
Bought by
Ortega Rafael and Amedd Diana I
Seller's Agent
Mark Hargrove
Mark Spain Real Estate
Buyer's Agent
Kayla Garcia
On Point Properties NC
List Price
$390,000
Sold Price
$345,000
Premium/Discount to List
-$45,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$352,935
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2019
Sold by
Enduring Oaks Venture Partners Llc
Bought by
Lilly Thomas Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,100
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2018
Sold by
Enduring Oaks Venture Partners Llc
Bought by
Lakestar Development Llc

Purchase Details

Closed on
Aug 24, 2004
Sold by
Pledged Property Ii Llc
Bought by
Walliser Michael John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2004
Sold by
Wright M Sue
Bought by
Pledged Property Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sparta Starla $380,500 None Listed On Document
Ortega Rafael $345,000 --
Lilly Thomas Ivan $225,000 None Available
Lakestar Development Llc $4,000 None Available
Walliser Michael John $108,000 --
Pledged Property Ii Llc $108,148 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sparta Starla $300,000
Previous Owner Ortega Rafael $352,935
Previous Owner Lilly Thomas Ivan $207,100
Previous Owner Walliser Michael John $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $380,350 +1.4% $212 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $375,000 +8.7% $209 / Sq Ft
04/29/2022 04/29/22 Sold $345,000 +4.9% $169 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/20/2022 03/20/22 Price Changed $329,000 -8.6% $161 / Sq Ft
03/15/2022 03/15/22 Price Changed $360,000 -7.7% $176 / Sq Ft
03/11/2022 03/11/22 For Sale $390,000 -- $191 / 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 $2,348 $363,912 $110,000 $253,912
2024 $2,280 $363,912 $110,000 $253,912
2023 $1,834 $232,589 $68,000 $164,589
2022 $1,700 $232,589 $68,000 $164,589
2021 $1,654 $232,589 $68,000 $164,589
2020 $1,627 $232,589 $68,000 $164,589
2019 $1,553 $187,665 $60,000 $127,665
2018 $1,428 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2508289

Doorify MLS

APN: 1850.01-27-2951-000