NOT LISTED FOR SALE

328 S Wingate St Wake Forest, NC 27587

Estimated Value: $271,000 - $325,000

1 Bed
1.5 Baths
897 Sq Ft
$334/Sq Ft Est. Value

Last Sold October 16, 2024

Last sale price $290,000 $323 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,747/month

Highlights

  • Heated Spa
  • The property is located in a historic district
  • Creek or Stream View
  • Wake Forest High School Rated A-
  • 0.45 Acre Lot
  • Wood Flooring

About This Home

As of October 2024

''We love our cabin in the woods, within walking distance to downtown Wake Forest! Private yet so close to everything,'' said the owners who hate to leave, but it's time to move on. This could be your opportunity to grab a piece of Wake Forest history for your very own! The log cabin was built in 1931; however, the effective year is 1975 per the tax assessor. Escape to your own slice of nature, complete with a babbling creek and flourishing wildlife, all nestled on 0.45 acres. With a solid stone wood-burning fireplace, re-stained exterior logs, a new roof and gutters with leaf guards in 2021, a new HVAC in 2021, and a well-maintained home nestled in the heart of Wake Forest, how could you go wrong? Reach out today to schedule your private tour of this fantastic cabin!

Last Agent to Sell the Property

Kimberly McKinney

RE/MAX Reliance License #269233 Listed on: 09/06/2024

RE/MAX Reliance

Last Buyer's Agent

Liana Saugstad

Flex Realty License #345914

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 1930 | Remodeled in 1975

Lot Details

  • 0.45 Acre Lot
  • Partially Fenced Property
  • Permeable Paving
  • Lot Sloped Down
  • Landscaped with Trees
  • Back Yard
  • Historic Home

Property Views

  • Creek or Stream
  • Forest
  • Neighborhood

Home Design

  • Log Cabin
  • Stone Foundation
  • Shingle Roof
  • Log Siding
  • Lead Paint Disclosure

Interior Spaces

  • 897 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Drapes & Rods
  • Wood Frame Window
  • Window Screens
  • Family Room with Fireplace
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Finished Attic

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • 2 Open Parking Spaces

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Rain Gutters

Location

  • The property is located in a historic district

Schools

  • Wake Forest Elementary And Middle School
  • Wake Forest High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1841.18-31-1201.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,017

Year Built

Built in 1930 | Remodeled in 1975

Lot Details

0

Listing Details

  • Year Built: 1930
  • Prop. Type: Residential
  • Horses: No
  • Road Frontage Type: City Street
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 897.0
  • Architectural Style: Local Historic Designation, Log Home
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Effective Year Built: 1975
  • General Property Information Below Grade Unfinished Area: 456.0
  • General Property Information Total Unfinished Area2: 456.0
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Family Room2: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Sunroom: Yes
  • Remarks and Miscellaneous Syndication Remarks2: 'We love our cabin in the woods, within walking distance to downtown Wake Forest! Private yet so close to everything,' said the owners who hate to leave, but it's time to move on. This could be your opportunity to grab a piece of Wake Forest history for your very own! The log cabin was built in 1930; however, the effective year is 1975 per the tax assessor. Escape to your own slice of nature, complete with a babbling creek and flourishing wildlife, all nestled on 0.45 acres. With a solid stone wood-burning fireplace, re-stained exterior logs, a new roof and gutters with leaf guards in 2021, a new HVAC in 2021, and a well-maintained home nestled in the heart of Wake Forest, how could you go wrong? Reach out today to schedule your private tour of this fantastic cabin! Call Kimberly McKinney 919-939-0888
  • General Property Information Senior Community YN: No
  • Levels One and One Half: Yes
  • Community Features Historical Area: Yes
  • Laundry Features In Basement: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • Roof:Shingle: Yes
  • General Property Information Spa YN: Yes
  • Architectural Style Log Home: Yes
  • General Property Information Above Grade Finished Area: 897.0
  • General Property Information Carport YN: No
  • View Neighborhood4: Yes
  • Fencing Partial2: Yes
  • Disclosures Lead Based Paint: Yes
  • View Forest: Yes
  • Foundation Details Stone2: Yes
  • General Property Information Lot Size Square Feet2: 19602.0
  • Room Types Basement3: Yes
  • Architectural Style Local Historic Designation: Yes
  • General Property Information Lot Size Acres: 0.45
  • Spa Features Heated2: Yes
  • Spa Features Above Ground2: Yes
  • General Property Information Stories2: 1
  • Structure Type Cabin: Yes
  • General Property Information:Living Area3: 897.0
  • General Property Information Waterfront YN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Renovated: 1975

Interior Features

  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Primary Downstairs
  • Basement: Exterior Entry
  • Spa Features: Above Ground, Heated
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Family Room, Stone, Wood Burning
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Stone3: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Exterior Entry: Yes
  • Attic Features:Floored: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Attic Features:Walk-In Attic: Yes
  • Attic Features:Finished2: Yes
  • Community Features:Curbs: Yes
  • Interior Features:Built-in Features: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fire Pit, Permeable Paving, Rain Gutters
  • Fencing: Partial
  • Acres: 0.45
  • Waterfront: No
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Home Warranty: No
  • Construction Type: Log
  • Foundation Details: Stone
  • Patio And Porch Features: Covered, Front Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Log: Yes
  • Exterior Features:Fire Pit: Yes
  • Lot Features:Back Yard2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Window Features:Screens: Yes
  • View:CreekStream: Yes
  • Window Features:Drapes: Yes
  • Lot Features:Sloped Down: Yes
  • Exterior Features:Permeable Paving: Yes
  • Window Features:Wood Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Gravel
  • Total Parking Spaces: 2.0
  • Parking Features:Gravel: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Gas Pack, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Historical Area
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1841.18-31-1201.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2016.76
  • Tax Year: 2024
  • Tax Map Number: 1

MLS Schools

  • Elementary School: Wake - Wake Forest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 15, 2024
Sold by
James Phillip W and James Sharon M
Bought by
Ribeiro Marcio Martinez and De Assumpcao Carolina Ferreira
Seller's Agent
Kimberly McKinney
RE/MAX Reliance
Buyer's Agent
Liana Saugstad
Flex Realty
List Price
$334,900
Sold Price
$290,000
Premium/Discount to List
-$44,900
-13.41%
Views
18
Current Estimated Value
$299,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,167
Avg. Annual Appreciation
2.52%
Original Mortgage
$217,500
Outstanding Balance
$215,213
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$83,954

Purchase Details

Closed on
Sep 24, 2015
Sold by
Donovan Arlis A and Donovan Kathleen G
Bought by
James Phillip W and James Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,900
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2005
Sold by
Whitley Elise M and Whitley Cameron S
Bought by
Donovan Arlie A and Donovan Kathleen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 21, 2001
Sold by
Dillon Brandon S and Dillon Jennifer
Bought by
Whitley Elise M and Whitley Cameron S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.5%

Purchase Details

Closed on
Aug 26, 1998
Sold by
Cooke Dermott John and Cooke Heidi M Z
Bought by
Dillon Brandon S and Dillon Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,261
Interest Rate
6.92%
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Ribeiro Marcio Martinez $290,000 None Listed On Document
Ribeiro Marcio Martinez $290,000 None Listed On Document
James Phillip W $147,000 Attorney
Donovan Arlie A $140,000 None Available
Whitley Elise M $111,000 --
Dillon Brandon S $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ribeiro Marcio Martinez $217,500
Closed Ribeiro Marcio Martinez $217,500
Previous Owner James Phillip W $93,900
Previous Owner Donovan Arlie A $90,000
Previous Owner Whitley Elise M $111,000
Previous Owner Dillon Brandon S $87,261
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Sold $290,000 -13.4% $323 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $334,900 0.0% $373 / Sq Ft
09/04/2024 09/04/24 Price Changed $334,900 -- $373 / 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 $2,187 $226,595 $85,000 $141,595
2024 $2,138 $213,915 $85,000 $128,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10050308

Doorify MLS

APN: 1841.18-31-1201-000