2329 Paddstowe Main Way Wake Forest, NC 27587
Falls Lake NeighborhoodEstimated Value: $468,000 - $598,000
3
Beds
2.5
Baths
2,071
Sq Ft
$248/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Deck
- Main Floor Primary Bedroom
- North Forest Pines Elementary School Rated A
- Wood Flooring
- Bonus Room
About This Home
As of June 2022Tucked away in a peaceful culdesac, this one checks all of your boxes! 1+ acre lot with open play space and gorgeous foliage. Enjoy the mild NC evenings on your covered back porch and grilling deck. Come home to wood-burning FP and hardwood floors. DOWNSTAIRS Master suite includes a cedar-lined walk in closet. Updated kitchen boasts one-of-a-kind soapstone countertops. Custom apron sink, gas range, coffee bar, and two pantries! Dual closets in upstairs bedrooms. Plus a finished bonus room! USDA eligible.
Last Agent to Sell the Property
Carolina Open Door Realty License #275631 Listed on: 05/25/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,039
Year Built
- Built in 1995
Lot Details
- 1.04 Acre Lot
- Lot Dimensions are 197x38x442x45x335
- Property has an invisible fence for dogs
- Landscaped with Trees
Parking
- 2 Car Garage
- Private Driveway
Home Design
- Cape Cod Architecture
- Masonite
Interior Spaces
- 2,071 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- Dining Room
- Bonus Room
- Crawl Space
- Scuttle Attic Hole
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Tile Countertops
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Soaking Tub
- Shower Only in Primary Bathroom
Outdoor Features
- Deck
- Covered patio or porch
- Outbuilding
Schools
- N Forest Pines Elementary School
- Wakefield Middle School
- Wakefield High School
Utilities
- Zoned Cooling
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Paddstowe Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2022
Closed on
Jun 21, 2022
Sold by
Phelan Shawn P and Phelan Kathy T
Bought by
Siler Samuel W and Siler Katherine
Seller's Agent
Jerry Dickerson
Carolina Open Door Realty
Buyer's Agent
Alex Lawrence
Dogwood Properties
List Price
$475,000
Sold Price
$510,000
Premium/Discount to List
$35,000
7.37%
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
$3,760
Avg. Annual Appreciation
0.25%
Original Mortgage
$408,000
Outstanding Balance
$391,568
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$122,192
Purchase Details
Closed on
Mar 27, 1997
Bought by
Phelan Shawn P and Phelan Kathy T
Similar Homes in Wake Forest, NC
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Siler Samuel W | $510,000 | Midtown Property Law | |
| Phelan Shawn P | $170,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Siler Samuel W | $408,000 | |
| Previous Owner | Phelan Kathleen Thorn | $105,000 | |
| Previous Owner | Phelan Shawn P | $166,881 | |
| Previous Owner | Phelan Kathy T | $187,000 | |
| Previous Owner | Phelan Shawn P | $187,200 | |
| Previous Owner | Phelan Shawn P | $184,000 | |
| Previous Owner | Phelan Shawn P | $23,000 | |
| Previous Owner | Phelan Shawn Patrick | $176,102 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Off Market | $510,000 | -- | -- |
| 06/28/2022 06/28/22 | Sold | $510,000 | +7.4% | $246 / Sq Ft |
| 05/29/2022 05/29/22 | Pending | -- | -- | -- |
| 05/26/2022 05/26/22 | For Sale | $475,000 | -- | $229 / 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 | $2,952 | $472,153 | $115,000 | $357,153 |
| 2023 | $2,260 | $287,272 | $65,000 | $222,272 |
| 2022 | $2,095 | $287,272 | $65,000 | $222,272 |
| 2021 | $2,039 | $287,272 | $65,000 | $222,272 |
| 2020 | $2,005 | $287,272 | $65,000 | $222,272 |
| 2019 | $2,072 | $251,303 | $60,000 | $191,303 |
| 2018 | $1,906 | $251,303 | $60,000 | $191,303 |
| 2017 | $1,807 | $251,303 | $60,000 | $191,303 |
| 2016 | $1,770 | $251,303 | $60,000 | $191,303 |
| 2015 | $1,857 | $264,532 | $71,000 | $193,532 |
| 2014 | -- | $264,532 | $71,000 | $193,532 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Dickerson
J
Seller's Agent in 2022
Jerry Dickerson
Carolina Open Door Realty
(919) 291-0446
4 in this area
74 Total Sales
-
Margaret Dickerson
Seller Co-Listing Agent in 2022
Margaret Dickerson
Carolina Open Door Realty
(919) 291-4365
5 in this area
67 Total Sales
-
Alex Lawrence
Buyer's Agent in 2022
Alex Lawrence
Dogwood Properties
(919) 559-4772
2 in this area
51 Total Sales
Map
Source: Doorify MLS
MLS Number: 2451408
APN: 1822.04-74-9150-000
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