NOT LISTED FOR SALE

250 Forbes Rd Wake Forest, NC 27587

Estimated Value: $614,000 - $657,000

6 Beds
3 Baths
3,272 Sq Ft
$193/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $605,000 $185 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,028/month

2 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of November 2022

Beautiful 6 bed, 3 bath home conveniently located in the Reynolds Mill neighborhood of Wake Forest. This incredible home has upgrades throughout! Hardwood floors, formal living room w/ built-in bookshelves. Sep. dining room. A gorgeous chef’s kitchen w/ granite counters, SS appliances, large center island, gas cooktop, double ovens, & custom crafted cabinets. Large guest suite on 1st floor. Upstairs master has 2 WIC’s w/ a sep shower & garden tub. Huge bonus room w/ cathedral ceilings. Enjoy summer evenings on your screened porch or chilly winter nights around your stone firepit. Conveniently located to Hwy. 1, Hwy 98, and I-540. New roof 2018.

Last Listed By

Mike Tefft

RE/MAX EXECUTIVE License #233253 Listed on: 09/25/2022

RE/MAX EXECUTIVE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,060

Year Built

  • Built in 2011

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 75.04x198.19x75.09x204.36
  • Landscaped

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 3,272 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Utility Room
  • Crawl Space
  • Home Security System

Kitchen

  • Double Oven
  • Gas Cooktop
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Schools

  • Forest Pines Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Propane Water Heater

Community Details

Overview

  • Association fees include ground maintenance, storm water maintenance
  • Elite Management Association
  • Reynolds Mill Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,060

Year Built

Built in 2011

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Year Built: 2011
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Storm Water Maintenance
  • Subdivision Name: Reynolds Mill
  • Above Grade Finished Sq Ft: 3272.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 75.04x198.19x75.09x204.36
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Bedroom 5 Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Security Features Security System: Yes
  • General Property Information Above Grade Finished Area: 3272.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 15246.0
  • General Property Information Lot Size Acres: 0.35
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Double Oven, Gas Cooktop, Propane Water Heater, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Appliances:Gas Cooktop: Yes
  • Appliances:Tankless Water Heater: 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
  • Appliances:Propane Water Heater: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Double Oven: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.35
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 199.5
  • Association Fee Frequency: Quarterly
  • Association Name: Elite Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 199.5
  • 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 Dimensions: 75.04x198.19x75.09x204.36
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4060.0

MLS Schools

  • Elementary School: Wake - Forest Pines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2022
Closed on
Nov 10, 2022
Sold by
Shrauger Kyle B and Shrauger Andrea
Bought by
Way John R and Way Valerie A
Seller's Agent
Mike Tefft
RE/MAX EXECUTIVE
Buyer's Agent
Chad Doggett
Fonville Morisey/Midtown Sales
List Price
$599,900
Sold Price
$605,000
Premium/Discount to List
$5,100
0.85%
Total Days on Market
2
Views
1
Current Estimated Value
$632,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,782
Avg. Annual Appreciation
0.35%
Original Mortgage
$484,000
Outstanding Balance
$467,417
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$142,918

Purchase Details

Closed on
Jun 24, 2016
Sold by
Wright James C and Wright Shannon
Bought by
Shraugher Kyle B and Shraugher Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2011
Sold by
Parker & Orleans Homebuilders Inc
Bought by
Wright James C and Wright Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,800
Interest Rate
4.06%
Mortgage Type
New Conventional

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
Way John R $605,000 --
Shraugher Kyle B $340,000 None Available
Wright James C $282,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Way John R $484,000
Previous Owner Shrauger Kyle $135,000
Previous Owner Shraugher Kyle B $272,000
Previous Owner Wright James C $253,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $605,000 -- --
11/15/2022 11/15/22 Sold $605,000 +0.9% $185 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $599,900 -- $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
2024 $5,435 $567,070 $100,000 $467,070
2023 $4,233 $362,582 $42,000 $320,582
2022 $4,061 $362,582 $42,000 $320,582
2021 $3,990 $362,582 $42,000 $320,582
2020 $3,990 $362,582 $42,000 $320,582
2019 $3,702 $296,796 $52,000 $244,796
2018 $3,381 $286,187 $52,000 $234,187
2017 $3,268 $286,187 $52,000 $234,187
2016 -- $286,187 $52,000 $234,187
2015 $3,621 $317,421 $48,000 $269,421
2014 -- $317,421 $48,000 $269,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2476024

Doorify MLS

APN: 1830.04-95-7092-000