NOT LISTED FOR SALE

402 Cedarmere Dr Wendell, NC 27591

Estimated Value: $257,000 - $307,986

3 Beds
2.5 Baths
1,440 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $275,000 $191 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,831/month

7 Days on Market

Highlights

  • Deck
  • No HOA
  • Fenced Yard
  • Traditional Architecture
  • Covered patio or porch
  • Bathtub with Shower

About This Home

As of September 2023

** MULTIPLE OFFERS RECEIVED. SELLER REQUESTING HIGHEST AND BEST OFFER FROM ALL INTERESTED PARTIES BY 12:00 NOON ON WEDNESDAY AUGUST 30, 2023** This charming, two story home embodies the essence of Southern living! The home sits on a 0.28 acre lot in Timberlake subdivision. No HOA!! With 3 spacious bedrooms and 2.5 baths, it offers the perfect blend of comfort and functionality. Enjoy the large covered front porch, or relax on the back deck and overlook the fenced backyard with a storage shed. Unfinished attic adds plenty of additional storage space!

Last Agent to Sell the Property

Peter Greijn

Referral Realty US LLC License #160822 Listed on: 08/23/2023

Last Buyer's Agent

John Streit

LPT Realty, LLC License #250516

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,163

Year Built

  • Built in 1992

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 86x75x108x60x110
  • Fenced Yard
  • Cleared Lot
  • Property is zoned R3

Home Design

  • Traditional Architecture
  • Masonite

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage
  • Crawl Space

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Attic

  • Permanent Attic Stairs
  • Unfinished Attic

Parking

  • Garage
  • Front Facing Garage
  • Private Driveway

Outdoor Features

  • Deck
  • Covered patio or porch
  • Rain Gutters

Schools

  • Carver Elementary School
  • Wendell Middle School
  • East Wake High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Timberlake Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,163

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Year Built: 1992
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Timberlake
  • Above Grade Finished Sq Ft: 1440.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 86x75x108x60x110
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Lot Features Partially Cleared: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Laundry Features Laundry Closet: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 1440.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 12196.8
  • General Property Information Lot Size Acres: 0.28
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Entrance Foyer, Storage
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Range Hood, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Kitchen: Yes
  • Attic Features:Permanent Stairs: Yes

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.28
  • Construction Type: Masonite
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Garage Faces Front
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - East Wake
  • Middle Or Junior School: Wake - Wendell

Lot Info

  • Zoning: R3
  • Lot Dimensions: 86x75x108x60x110
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2163.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Carver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 26, 2023
Sold by
Bsfr Trs I Llc
Bought by
Rike Holdings Llc
Seller's Agent
Peter Greijn
Referral Realty US LLC
Buyer's Agent
John Streit
LPT Realty, LLC
List Price
$225,000
Sold Price
$275,000
Premium/Discount to List
$50,000
22.22%
Total Days on Market
7
Views
139
Current Estimated Value
$283,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,247
Avg. Annual Appreciation
1.77%
Original Mortgage
$220,000
Outstanding Balance
$158,547
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$124,700

Purchase Details

Closed on
May 5, 2023
Sold by
Bsfr I Owner I Lp
Bought by
Bsfr Trs I Llc

Purchase Details

Closed on
Apr 14, 2015
Sold by
U S Bank Na
Bought by
Conrex Residential Property Group 2013 I

Purchase Details

Closed on
Dec 19, 2012
Sold by
Nason Warren
Bought by
Us Bank Na

Purchase Details

Closed on
Jul 12, 2006
Sold by
Sullivan Rita D and Nason Warren
Bought by
Nason Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2001
Sold by
Murray Richard N
Bought by
Sullivan Rita D and Nason Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,504
Interest Rate
7.05%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Rike Holdings Llc $275,000 None Listed On Document
Bsfr Trs I Llc -- None Listed On Document
Conrex Residential Property Group 2013 I $101,000 Attorney
Us Bank Na $99,500 None Available
Nason Warren -- None Available
Sullivan Rita D $126,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rike Holdings Llc $220,000
Previous Owner Nason Warren $115,200
Previous Owner Nason Warren $28,800
Previous Owner Nason Warren $109,600
Previous Owner Nason Warren $27,000
Previous Owner Sullivan Rita D $125,504
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Off Market $275,000 -- --
09/28/2023 09/28/23 Sold $275,000 +22.2% $191 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $225,000 -- $156 / 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 $2,891 $268,595 $85,000 $183,595
2023 $2,087 $165,431 $34,000 $131,431
2022 $1,992 $165,431 $34,000 $131,431
2021 $1,980 $165,431 $34,000 $131,431
2020 $1,941 $165,431 $34,000 $131,431
2019 $1,802 $136,403 $35,000 $101,403
2018 $1,712 $136,403 $35,000 $101,403
2017 $1,658 $136,403 $35,000 $101,403
2016 $1,638 $136,403 $35,000 $101,403
2015 $1,799 $150,177 $34,000 $116,177
2014 $1,744 $150,177 $34,000 $116,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2528546

Doorify MLS

APN: 1794.13-13-1551-000