NOT LISTED FOR SALE

4204 Virginia Colony Dr Wake Forest, NC 27587

Estimated Value: $267,000 - $290,310

3 Beds
2.5 Baths
1,560 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $240,000 $154 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,756/month

Highlights

  • Clubhouse
  • Community Playground
  • Forced Air Heating and Cooling System
  • Sanford Creek Elementary School Rated A-
  • Storage
  • Playground

About This Home

As of November 2023

** Available 8/15 **
Welcome to the beautiful 2 level townhome with bonus room downstairs for study or workout. Entire first floor with LCP for low maintenance, designated dining area, granite counter top, stainless steel appliances, vented kitchen outlet, gas range. Second floor has large mater bedroom with elegant attached bath, 2 secondary bedrooms, laundry room with washer/dryer, secondary bath. Rent includes access to community pool, play area. Very accessible to Raleigh via Capital Blvd and also to RTP. Pets negotiable; $400 pet fee. $200 admin fee, when approved.

Requirement: 3x income, 600+ credit score, no evictions, no collections

Last Agent to Rent the Property

Shiva Madala

KAPS Realty LLC License #310238 Listed on: 09/14/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,779

Year Built

  • Built in 2015

Lot Details

  • 1,560 Sq Ft Lot
  • Dog Run

Parking

  • Assigned Parking

Interior Spaces

  • 1,560 Sq Ft Home
  • Storage
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Playground
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,300
  • Property Available on 10/1/24
  • Tenant pays for electricity, gas, sewer, trash collection, water
  • The owner pays for association fees
  • 12 Month Lease Term
  • Assessor Parcel Number 1738.01-47-3885 0431481

Community Details

Overview

  • Property has a Home Owners Association
  • Shearon Farms Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground

Pet Policy

  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,779

Year Built

Built in 2015

Lot Details

0

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Lease Term: 12 Months
  • Owner Pays: Association Fees
  • Available Date: 2024-10-01

Listing Details

  • Year Built: 2015
  • Prop. Type: Residential Lease
  • Subdivision Name: Shearon Farms
  • Above Grade Finished Sq Ft: 1560.0
  • Cooling Central Air: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2024-10-01
  • Contract Information Security Deposit2: 2300.0
  • General Property Information Above Grade Finished Area: 1560.0
  • Pets Allowed Dogs OK: Yes
  • Structure Type Townhouse: Yes
  • General Property Information Lot Size Square Feet2: 1560.0
  • General Property Information Lot Size Acres: 0.0358
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Storage
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Community Features:Playground2: Yes
  • Interior Features:Storage3: Yes
  • Community Features:Clubhouse2: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Dog Run, Playground
  • Acres: 0.04
  • Exterior Features:Playground3: Yes
  • Exterior Features:Dog Run: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Playground
  • Association: Yes

Association/Amenities

  • Owner Pays:Association Fees: Yes
  • General Property Information:Association YN: Yes

Lot Info

  • Lot Size Sq Ft: 1560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1738.01-47-3885 0431481
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 6, 2021
Sold by
Madala Kavitha and Madala Shiva Rama
Bought by
Madala Shiva Rama Krishna
Seller's Agent
Kameela Wardsworth
The Wardsworth Group
Buyer's Agent
Shiva Madala
Eastside Realty LLC
Sold Price
$240,000
Current Estimated Value
$281,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,828
Avg. Annual Appreciation
4.30%
Original Mortgage
$192,000
Outstanding Balance
$174,587
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$111,683

Purchase Details

Listed on
May 25, 2021
Closed on
Jun 23, 2021
Sold by
Jones Lynette and Jones Fenile Durham
Bought by
Madala Kavitha and Madala Shiva Rama
Seller's Agent
Kameela Wardsworth
The Wardsworth Group
Buyer's Agent
Shiva Madala
Eastside Realty LLC
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$174,587
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$111,683

Purchase Details

Closed on
Oct 1, 2015
Sold by
Dan Ryan Builders North Carolina Llc
Bought by
Jones Lynette and Jones Fenile Durham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,348
Interest Rate
3.93%
Mortgage Type
FHA
Source: Public Records

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

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Price Changed $1,799 -2.7% $1 / Sq Ft
09/14/2024 09/14/24 For Rent $1,849 0.0% --
12/15/2023 12/15/23 Off Market $240,000 -- --
11/25/2023 11/25/23 Rented $1,675 0.0% --
07/02/2021 07/02/21 Sold $240,000 -- $150 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
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 $2,779 $290,894 $70,000 $220,894
2023 $2,098 $178,800 $30,000 $148,800
2022 $2,013 $178,800 $30,000 $148,800
2021 $1,978 $178,800 $30,000 $148,800
2020 $1,978 $178,800 $30,000 $148,800
2019 $1,817 $144,877 $28,000 $116,877
2018 $1,721 $144,877 $28,000 $116,877
2017 $1,664 $144,877 $28,000 $116,877
2016 $1,643 $144,877 $28,000 $116,877
Source: Public Records

Agents Affiliated with this Home

  • Shiva Madala

    Landlord's Agent in 2024

    Shiva Madala

    KAPS Realty LLC

    (919) 434-4469

    7 in this area

    79 Total Sales

    Shiva Madala
    Section Image
  • Kameela Wardsworth

    Seller's Agent in 2021

    Kameela Wardsworth

    The Wardsworth Group

    (919) 868-6447

    3 in this area

    122 Total Sales

    Kameela Wardsworth
    Section Image
  • Matthew Wardsworth

    Seller Co-Listing Agent in 2021

    Matthew Wardsworth

    The Wardsworth Group

    (919) 538-8590

    3 in this area

    94 Total Sales

    Matthew Wardsworth
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10052826

Doorify MLS

APN: 1738.01-47-3885-000

North Carolina Wake County Wake Forest 27587

4204 Virginia Colony Dr, Wake Forest, NC

This home is located at 4204 Virginia Colony Dr, Wake Forest, NC 27587 since 14 September 2024 and is currently priced at $281,828. This property was built in 2015. 4204 Virginia Colony Dr is a home located in Wake County with nearby schools including Sanford Creek Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

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