NOT LISTED FOR SALE

403 Retreat Ln Wake Forest, NC 27587

Estimated Value: $318,342 - $346,000

3 Beds
2.5 Baths
1,634 Sq Ft
$205/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2022

Last sale price $391,288 $239 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $2,184 / mo

4 Days on Market

Highlights

  • Clubhouse
  • Transitional Architecture
  • Community Pool
  • Richland Creek Elementary School Rated A-
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of July 2022

Beautiful 3 bedroom townhome in Wake Forest! This large open floor plan has a family room, dining area, and a spacious kitchen with granite countertops, stainless steel appliances, and large island. The 2nd floor master suite features dual sinks, a separate shower and walk-in closet. The rear entry garage is alley accessed. Located in the popular Traditions neighborhood featuring paved trails, clubhouse, and community pool! Convenient to downtown Wake Forest, Raleigh, Durham, RDU Airport.

Last Agent to Sell the Property

Dustin Bennett

EXP Realty LLC License #284001 Listed on: 05/12/2022

EXP Realty LLC

Last Buyer's Agent

Dana Ellington

Compass -- Raleigh License #255265

Compass -- Raleigh

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,509

Year Built

  • Built in 2015

Lot Details

  • 1,742

HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage

Home Design

  • Transitional Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Stone

Interior Spaces

  • 1,634 Sq Ft Home
  • 2-Story Property
  • Family Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Patio
  • 1,742 Sq Ft Lot

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Ppm Association, Phone Number (919) 848-4911
  • Traditions Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,509

Year Built

Built in 2015

Lot Details

1,742 Sq Ft Lot

HOA Fees

$162 per month

Parking

1

Listing Details

  • Year Built: 2015
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: Traditions
  • Above Grade Finished Sq Ft: 1634.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: See GIS
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Transitional: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Wood: Yes
  • General Property Information Association Phone: 919-848-4911
  • General Property Information Association Name 2: PPM
  • General Property Information Above Grade Finished Area: 1634.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1742.4
  • General Property Information Lot Size Acres: 0.04
  • General Property Information:Living Area3: 1634.0
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.04
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Faces Rear
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee: 225.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 259.5
  • Association Fee Frequency: Quarterly
  • Association: PPM
  • Association Name: PPM
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 259.5
  • General Property Information:Association Fee Frequency: Quarterly
  • General Property Information:Association Fee 2: 225.0
  • General Property Information:Association Fee 2 Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: See GIS
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2509.0
  • Tax Year: 2021
  • Tax Map Number: BM2015-00949

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 18, 2022
Sold by
Ross Ronald T and Ross Carlynn
Bought by
Cox Darcy Schmidt
Seller's Agent
Dustin Bennett
EXP Realty LLC
Buyer's Agent
Dana Ellington
Compass -- Raleigh
List Price
$345,000
Sold Price
$391,288
Premium/Discount to List
$46,288
13.42%
Current Estimated Value
$334,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,452
Avg. Annual Appreciation
-4.04%
Original Mortgage
$293,466
Outstanding Balance
$279,199
Interest Rate
5.09%
Mortgage Type
Balloon
Estimated Equity
$55,637

Purchase Details

Closed on
Feb 11, 2020
Sold by
Sph One Lllp
Bought by
Ross Ronald T and Ross Carlynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2019
Sold by
Pionk Kevin and Lowther Deborah
Bought by
Sph One Lllp

Purchase Details

Closed on
Jun 28, 2018
Sold by
Bower Ann Marie
Bought by
Pinok Kevin and Lowther Deborat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2016
Sold by
George George W and George Judy A
Bought by
Bower Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,680
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2015
Sold by
Wilson Parker Homes Of Wake Forest Inc
Bought by
George George W and George Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,650
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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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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
Cox Darcy Schmidt $391,500 None Listed On Document
Ross Ronald T $235,000 None Available
Sph One Lllp $227,500 None Available
Pinok Kevin $222,500 None Available
Bower Ann Marie $205,000 None Available
George George W $205,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Darcy Schmidt $293,466
Previous Owner Ross Ronald T $230,743
Previous Owner Pinok Kevin $165,000
Previous Owner Bower Ann Marie $163,680
Previous Owner George George W $163,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $391,288 -- --
07/18/2022 07/18/22 Sold $391,288 +13.4% $239 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $345,000 -- $211 / Sq Ft
Source: Doorify MLS

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 $2,958 $308,824 $50,000 $258,824
2024 $2,947 $308,824 $50,000 $258,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2448209

Doorify MLS

APN: 1851.03-01-9573-000

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