NOT LISTED FOR SALE

1317 Sourwood Dr Wake Forest, NC 27587

Estimated Value: $460,000 - $646,000

4 Beds
2.5 Baths
2,651 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $515,000 $194 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,175/month

3 Days on Market

Highlights

  • Transitional Architecture
  • High Ceiling
  • No HOA
  • Wood Flooring
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of May 2022

Escape to this beautiful 4 bedroom, 2.5 bath home in the desirable New Forest Subdivision of Wake Forest. Enjoy a wonderfully private setting on a 1+ acre cul-de-sac lot with No HOA. Open Floor Plan with Hardwood Floors, Granite Countertops, Kitchen Island, Separate Dining Room, Gas Fireplace, Screened Porch, Garden Area and Two Car Garage. Large owner's suite includes a generous Walk- In Closet, Luxury Bath with Separate Shower and Garden Tub.

Last Agent to Sell the Property

Serina Harris

NorthGroup Real Estate, Inc. License #280998 Listed on: 03/21/2022

NorthGroup Real Estate, Inc.

Last Buyer's Agent

Heidy Padilla

EXP Realty LLC License #311948

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,662

Year Built

  • Built in 2018

Lot Details

  • 1.05 Acre Lot
  • Cul-De-Sac
  • Landscaped with Trees
  • Garden

Parking

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

Home Design

  • Transitional Architecture
  • Brick or Stone Mason
  • Board and Batten Siding
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,651 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Utility Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Wilton Elementary School
  • Hawley Middle School
  • S Granville High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • New Forest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,662

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2018
  • Prop. Type: Residential
  • Subdivision Name: New Forest
  • Above Grade Finished Sq Ft: 2651.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Survey
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Family Room2: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Above Grade Finished Area: 2651.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 45738.0
  • General Property Information Lot Size Acres: 1.05
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Separate Shower, Soaking Tub, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 1.05
  • Construction Type: Board & Batten Siding, Stone, Vinyl Siding
  • Patio And Porch Features: Covered, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Stone: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Garden2: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Granville - S Granville
  • Middle Or Junior School: Granville - Hawley

Lot Info

  • Lot Dimensions: See Survey
  • Lot Size Sq Ft: 45738.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2662.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Granville - Wilton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
May 4, 2022
Sold by
Burris Karlene A
Bought by
Fansler Nicole Danielle and Mellin Nicole Christine
Seller's Agent
Serina Harris
NorthGroup Real Estate, Inc.
Buyer's Agent
Heidy Padilla
EXP Realty LLC
List Price
$485,000
Sold Price
$515,000
Premium/Discount to List
$30,000
6.19%
Current Estimated Value
$546,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,004
Avg. Annual Appreciation
1.71%
Original Mortgage
$412,000
Outstanding Balance
$390,501
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$155,503

Purchase Details

Closed on
Feb 22, 2020
Sold by
Burris Marilyn E
Bought by
Burris Karlene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,600
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2018
Sold by
Lgi Homes Nc Llc
Bought by
Burrsi Karlene A and Burrsi Marilyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,261
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2018
Sold by
Wynn Construction Inc
Bought by
Lgihomes Nc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,261
Interest Rate
4.5%
Mortgage Type
FHA
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
Fansler Nicole Danielle $515,000 None Listed On Document
Burris Karlene A -- None Available
Burrsi Karlene A $270,500 None Available
Lgihomes Nc Llc $3,063,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fansler Nicole Danielle $412,000
Previous Owner Burris Karlene A $285,600
Previous Owner Burrsi Karlene A $262,261
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $515,000 -- --
05/16/2022 05/16/22 Sold $515,000 +6.2% $194 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $485,000 -- $183 / 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 $3,799 $546,719 $52,000 $494,719
2024 $3,799 $546,719 $52,000 $494,719
2023 $2,876 $313,558 $37,500 $276,058
2022 $2,865 $313,558 $37,500 $276,058
2021 $2,663 $313,558 $37,500 $276,058
2020 $2,663 $313,558 $37,500 $276,058
2019 $2,663 $313,558 $37,500 $276,058
2018 $277 $31,875 $31,875 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2437628

Doorify MLS

APN: 182500430143