NOT LISTED FOR SALE

408 Otway Rd Wake Forest, NC 27587

Estimated Value: $606,635 - $646,000

5 Beds
3 Baths
2,714 Sq Ft
$230/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $530,000 $195 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,726/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Fireplace
  • Heritage Elementary School Rated A
  • Main Floor Bedroom
  • Screened Porch

About This Home

As of February 2022

Gorgeous Heritage home! Custom patio in the backyard. 5 bedrooms plus bonus.

Last Agent to Sell the Property

Andrea Cummings

Property Specific, LLC License #315461 Listed on: 12/10/2021

Last Buyer's Agent

Ricci Treffer

Relevate Real Estate Inc. License #288460

Relevate Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,084

Year Built

  • Built in 2014

Lot Details

  • 9,583 Sq Ft Lot

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Masonite

Interior Spaces

  • 2,714 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Screened Porch
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Schools

  • Heritage Elementary And Middle School
  • Heritage High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Association fees include insurance
  • Charleston Management Association
  • Heritage Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,084

Year Built

Built in 2014

Lot Details

0

HOA Fees

$24 per month

Parking

2

Listing Details

  • Year Built: 2014
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance
  • Subdivision Name: Heritage
  • Above Grade Finished Sq Ft: 2714.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 440.0
  • General Property Information Total Unfinished Area2: 440.0
  • General Property Information Lot Size Dimensions: See plat map
  • 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
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining 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
  • General Property Information Senior Community YN: No
  • Levels Three Or More: Yes
  • General Property Information Above Grade Finished Area: 2714.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 9583.2
  • General Property Information Lot Size Acres: 0.22
  • General Property Information:Living Area3: 2714.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Entrance Foyer
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.22
  • Construction Type: Masonite
  • Patio And Porch Features: Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 288.75
  • Association Fee Frequency: Annually
  • Association Name: Charleston Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Charleston Management
  • Association Fee Includes:Insurance2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 288.75
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: See plat map
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4084.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Feb 4, 2022
Sold by
Steele James C and Steele Wendy
Bought by
Reaves Jeremie and Reaves Lourdes M
Seller's Agent
Andrea Cummings
Property Specific, LLC
Buyer's Agent
Ricci Treffer
Relevate Real Estate Inc.
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$625,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,159
Avg. Annual Appreciation
4.25%
Original Mortgage
$530,000
Interest Rate
3.55%
Mortgage Type
VA

Purchase Details

Closed on
Mar 27, 2014
Sold by
Jordans Construction Inc
Bought by
Steele James C and Steele Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2013
Sold by
Heritage Wake Forest Inc
Bought by
Jordan S Construction Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reaves Jeremie $530,000 None Listed On Document
Steele James C $350,000 None Available
Jordan S Construction Inc $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Reaves Jeremie $530,000
Previous Owner Steele James C $332,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $530,000 -- --
02/04/2022 02/04/22 Sold $530,000 0.0% $195 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $530,000 -- $195 / 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 $5,420 $563,375 $130,000 $433,375
2024 $5,400 $563,375 $130,000 $433,375
Source: Public Records

Agents Affiliated with this Home

  • Andrea Cummings

    Seller's Agent in 2022

    Andrea Cummings

    Property Specific, LLC

    (603) 560-3038

    25 in this area

    58 Total Sales

    Andrea Cummings
    Section Image
  • Ricci Treffer

    Buyer's Agent in 2022

    Ricci Treffer

    Relevate Real Estate Inc.

    (919) 771-3014

    4 in this area

    105 Total Sales

    Ricci Treffer
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2422788

Doorify MLS

APN: 1840.12-75-7838-000

North Carolina Wake County Wake Forest 27587

408 Otway Rd, Wake Forest, NC

Not Listed for Sale

Detached

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