NOT LISTED FOR SALE

241 Kavanaugh Rd Wake Forest, NC 27587

Estimated Value: $538,000 - $588,000

4 Beds
4.5 Baths
2,611 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $560,000 $214 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,609/month

Highlights

  • 0.42 Acre Lot
  • 3 Car Attached Garage
  • 1-Story Property
  • Sanford Creek Elementary School Rated A-

About This Home

As of April 2024

Welcome to your dream home! This exquisite property boasts 4 bedrooms, including two master suites, each accompanied by their own luxurious ensuite bathrooms, totaling 4.5 baths. Say goodbye to storage woes as every bedroom features a spacious walk-in closet, ensuring ample space for all your belongings.Step into the flex room with its own full bath, offering versatile possibilities for use, whether it be a guest suite, home office, or hobby room. The convenience of a first-floor primary suite adds to the appeal, providing easy accessibility and privacy.Prepare to be wowed by the gourmet kitchen, equipped with top-of-the-line amenities including a gas cooktop with range hood, farmhouse sink, and stunning countertops, promising a culinary experience like no other.Entertainment is effortless with the expansive bonus room, perfect for movie nights, game days, or simply relaxing with loved ones. Park with ease in the 3 car garage, complete with EV charging capabilities.Step outside to your own private oasis, where a massive fenced yard awaits, offering ample space for outdoor activities and entertaining. Enjoy the serenity of the covered porch and patio, ideal for al fresco dining or simply unwinding after a long day.Don't miss out on the opportunity to call this magnificent property your own - schedule a viewing today and prepare to fall in love with your new home!

Last Agent to Sell the Property

Hunter Cutright

EXP Realty LLC License #293884 Listed on: 03/21/2024

EXP Realty LLC

Last Buyer's Agent

Shawn Britt

Realty World-Triangle Living License #176150

Realty World-Triangle Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,275

Year Built

  • Built in 2021

Lot Details

  • 0.42 Acre Lot

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2,611 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Community Details

  • Elizabeth Springs Property Owners Association, Phone Number (919) 847-3003
  • Elizabeth Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1860.03-03-3832.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,275

Year Built

Built in 2021

Lot Details

0

HOA Fees

$60 per month

Parking

3

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Elizabeth Springs
  • Above Grade Finished Sq Ft: 2611.0
  • Garage Yn: Yes
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Association Phone: 919-847-3003
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 60.0
  • General Property Information Above Grade Finished Area: 2611.0
  • General Property Information Lot Size Square Feet2: 18295.0
  • General Property Information Lot Size Acres: 0.42
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Acres: 0.42

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Open Parking: No
  • Total Parking Spaces: 3.0
  • General Property Information:Garage Spaces: 3.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: No

Condo/Co-op/Association

  • Association Fee: 180.0
  • Association Fee Frequency: Quarterly
  • Association Name: Elizabeth Springs Property Owners Association
  • Phone: 919-847-3003
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elizabeth Springs Property Owners Association
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 180.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Lot Info

  • Lot Size Sq Ft: 18295.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1860.03-03-3832.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4274.65
  • Tax Year: 2023
  • Tax Map Number: 72

MLS Schools

  • Elementary School: Wake - Sanford Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 17, 2024
Sold by
Hwang Michael Songnam
Bought by
Li Wei Joshua and Li Cheyanne Casey
Seller's Agent
Hunter Cutright
EXP Realty LLC
Buyer's Agent
Shawn Britt
Realty World-Triangle Living
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
Views
169
Current Estimated Value
$567,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,927
Avg. Annual Appreciation
1.15%
Original Mortgage
$515,000
Outstanding Balance
$510,107
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$57,820

Purchase Details

Closed on
Oct 28, 2021
Sold by
Experienceone Homes Llc
Bought by
Hwang Michael Songnam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,647
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Li Wei Joshua $560,000 None Listed On Document
Hwang Michael Songnam $528,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Wei Joshua $515,000
Previous Owner Hwang Michael Songnam $395,647
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $560,000 +1.8% $214 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $550,000 -- $211 / 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
2024 $4,946 $506,369 $110,000 $396,369
2023 $4,576 $380,996 $75,000 $305,996
2022 $4,133 $380,996 $75,000 $305,996
2021 $0 $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10018346

Doorify MLS

APN: 1860.03-03-3832-000