1307 Wake Forest Rd Raleigh, NC 27604
Mordecai NeighborhoodEstimated Value: $573,000 - $795,246
4
Beds
1.5
Baths
2,203
Sq Ft
$314/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Traditional Architecture
- Main Floor Primary Bedroom
- Conn Elementary Rated A-
- Wood Flooring
- L-Shaped Dining Room
About This Home
As of March 2024Classic historic 1930's home in the desirable Mordecai area of Raleigh. Walk to restaurants, bars, parks, shopping. Home has 4 bedrooms, 1.5 baths, plus office/flex room (no closet). Large living room and separate formal dining. Hardwood floors throughout. Enjoy relaxing on the expansive covered front porch. Don't miss the unfinished basement. Bring your dreams and remodel this home to make it your own. Flat fenced backyard with storage shed. Heat pump 2011; water heater 2021, newer windows. Home sold AS IS with Special-Warranty deed.
Co-Listed By
Deb McCutcheon
RE/MAX Advantage License #188581
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,220
Year Built
- Built in 1930
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 50x155x50x155
- Property fronts a state road
- Back Yard Fenced
- Level Lot
- Landscaped with Trees
Home Design
- Traditional Architecture
- Fixer Upper
- Brick Foundation
- Concrete Foundation
- Shingle Roof
- Wood Siding
- Lead Paint Disclosure
Interior Spaces
- 2,203 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Insulated Windows
- Living Room
- L-Shaped Dining Room
- Home Office
- Unfinished Basement
- Partial Basement
- Scuttle Attic Hole
Kitchen
- Electric Range
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Parking
- 3 Parking Spaces
- Private Driveway
- 3 Open Parking Spaces
- Off-Street Parking
Schools
- Conn Elementary School
- Oberlin Middle School
- Broughton High School
Utilities
- Central Air
- Heat Pump System
Additional Features
- Outdoor Storage
- The property is located in a historic district
- Grass Field
Community Details
- No Home Owners Association
- Mordecai Place Subdivision
Listing and Financial Details
- Assessor Parcel Number 31
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2024
Closed on
Mar 31, 2024
Sold by
Trioaks Capital Llc
Bought by
E & A Real Estate Llc
Seller's Agent
Adam Lindsay
RE/MAX EXECUTIVE
Buyer's Agent
Deb McCutcheon
RE/MAX EXECUTIVE
List Price
$690,000
Sold Price
$500,000
Premium/Discount to List
-$190,000
-27.54%
Total Days on Market
44
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,562
Avg. Annual Appreciation
31.49%
Original Mortgage
$612,300
Interest Rate
6.64%
Mortgage Type
Construction
Purchase Details
Listed on
Jan 20, 2024
Closed on
Mar 18, 2024
Sold by
Wallace Janna M and Murray David Phillips
Bought by
Trioaks Capital Llc
Seller's Agent
Adam Lindsay
RE/MAX EXECUTIVE
Buyer's Agent
Deb McCutcheon
RE/MAX EXECUTIVE
List Price
$690,000
Sold Price
$500,000
Premium/Discount to List
-$190,000
-27.54%
Views
60
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,300
Interest Rate
6.64%
Mortgage Type
Construction
Similar Homes in Raleigh, NC
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| E & A Real Estate Llc | $530,000 | Tryon Title | |
| Trioaks Capital Llc | $500,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | E & A Real Estate Llc | $612,300 | |
| Closed | E & A Real Estate Llc | $100,791 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2024 03/22/24 | Sold | $500,000 | -16.5% | $227 / Sq Ft |
| 03/05/2024 03/05/24 | Pending | -- | -- | -- |
| 02/16/2024 02/16/24 | Price Changed | $599,000 | -13.2% | $272 / Sq Ft |
| 01/20/2024 01/20/24 | For Sale | $690,000 | -- | $313 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $5,741 | $658,744 | $400,000 | $258,744 |
| 2023 | $4,220 | $385,356 | $240,000 | $145,356 |
| 2022 | $3,922 | $385,356 | $240,000 | $145,356 |
| 2021 | $3,770 | $385,356 | $240,000 | $145,356 |
| 2020 | $3,701 | $385,356 | $240,000 | $145,356 |
| 2019 | $3,104 | $266,103 | $128,000 | $138,103 |
| 2018 | $2,927 | $266,103 | $128,000 | $138,103 |
| 2017 | $2,788 | $266,103 | $128,000 | $138,103 |
| 2016 | $0 | $266,103 | $128,000 | $138,103 |
| 2015 | -- | $298,268 | $186,560 | $111,708 |
| 2014 | -- | $298,268 | $186,560 | $111,708 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Lindsay
Seller's Agent in 2024
Adam Lindsay
RE/MAX EXECUTIVE
(919) 516-3000
2 in this area
146 Total Sales
-
D
Seller Co-Listing Agent in 2024
Deb McCutcheon
RE/MAX
-
N
Buyer Co-Listing Agent in 2024
Non Member
Non Member Office
Map
Source: Doorify MLS
MLS Number: 10007299
APN: 1704.12-95-6027-000
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