NOT LISTED FOR SALE

1621 Wait Ave Unit Studio Wake Forest, NC 27587

Estimated Value: $386,000 - $549,000

1 Bed
1 Bath
500 Sq Ft
3 Acres

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Living Room
  • Dining Room
  • Richland Creek Elementary School Rated A-
  • 1-Story Property
  • Private Driveway

About This Home

As of October 2023

Fantastic opportunity to live close to everything in Wake Forest! FULLY FURNISHED studio on private property - just bring your clothes and belongings! UTILITIES INCLUDED (except trash service)!! Introducing a charming and cozy 500 square foot condominium, located in the heart of Wake Forest, NC. This studio gem offers a perfect blend of comfort&convenience.Step into a fully-equipped kitchen featuring modern appliances such as a microwave, refrigerator, gas range,& self-clean oven, making cooking a breeze.The stack washer/dryer ensures laundry needs are met effortlessly, while ac keeps you cool during the warm summer months.Studio interior was finished in 2023. With a strict no-smoking policy, this studio ensures a clean and healthy living environment for all residents. Whether your lifestyle is busy or not, this peaceful retreat caters to your needs.Wake up to natural sunlight streaming through large windows, creating a bright and cheerful atmosphere.Pond on property as well! 1 parking spot.Fabulous location w/easy access to nearby parks, grocery, gas, shopping & a vibrant dining scene filled with lots of options!

Last Agent to Rent the Property

Devon Broughton

Broughton Agency, Inc. License #211625 Listed on: 08/08/2023

Last Renter's Agent

Devon Broughton

Keller Williams Realty Cary

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20

Year Built

  • Built in 2008

Lot Details

  • 3

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Laundry in unit

Kitchen

  • Self-Cleaning Oven
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Private Driveway
  • Assigned Parking

Schools

  • Wake County Schools Elementary School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $1,100
  • Property Available on 8/8/23
  • Tenant pays for trash collection, water

Community Details

Overview

  • Property has a Home Owners Association
  • Park Phone (919) 368-7011

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$20

Year Built

Built in 2008

Lot Details

0

Rental Info

  • Tenant Pays: Trash Collection, Water
  • Lease Term: Other
  • Available Date: 2023-08-08

Listing Details

  • Year Built: 2008
  • Prop. Type: Residential Lease
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 500.0
  • Unit Levels: One
  • Appliances Microwave: Yes
  • Levels One: Yes
  • Room Types Dining Room2: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Cooling Wall Unit(s): Yes
  • Contract Information Lease Term: Other
  • Contract Information Availability Date: 2023-08-08
  • Contract Information Security Deposit2: 1100.0
  • General Property Information Above Grade Finished Area: 500.0
  • Contract Information ManagerOwner Phone: 919-368-7011
  • Pets Allowed Yes2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Vinyl
  • Appliances: Microwave, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 1
  • Appliances:Self Cleaning Oven: Yes
  • Laundry Features:In Unit: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Driveway
  • Parking Features:Driveway: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Natural Gas
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2024
Sold by
Boone David H
Bought by
Town Of Wake Forest
Current Estimated Value
$454,887

Purchase Details

Closed on
Aug 20, 2015
Sold by
Forte Herman and Forte Argie M
Bought by
Southern Reconstruction Inc

Purchase Details

Closed on
Aug 1, 1980
Bought by
Boone David H and Boone Jonne A
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
Town Of Wake Forest $1,500,000 None Listed On Document
Southern Reconstruction Inc $30,000 Attorney
Boone David H $69,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Off Market $1,100 -- --
10/17/2023 10/17/23 Rented $1,100 0.0% --
09/14/2023 09/14/23 For Rent $1,100 0.0% --
09/12/2023 09/12/23 Under Contract -- -- --
08/08/2023 08/08/23 For Rent $1,100 -- --
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 $20 $306,849 $102,000 $204,849
2024 $1,926 $306,849 $102,000 $204,849
2023 $1,834 $232,670 $92,000 $140,670
2022 $1,700 $232,670 $92,000 $140,670
2021 $1,655 $232,670 $92,000 $140,670
2020 $1,628 $232,670 $92,000 $140,670
2019 $1,671 $202,152 $84,000 $118,152
2018 $1,537 $202,152 $84,000 $118,152
2017 $1,457 $202,152 $84,000 $118,152
2016 $1,428 $202,152 $84,000 $118,152
2015 $1,619 $230,297 $112,000 $118,297
2014 $1,535 $230,297 $112,000 $118,297
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2525905

Doorify MLS

APN: 1850.02-57-8617-000