NOT LISTED FOR SALE

424 E Spring St Wake Forest, NC 27587

Estimated Value: $276,000 - $300,000

3 Beds
2 Baths
1,040 Sq Ft
$282/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $310,000 $298 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,870/month

4 Days on Market

Highlights

  • 0.66 Acre Lot
  • Wooded Lot
  • No HOA
  • Richland Creek Elementary School Rated A-
  • Ranch Style House
  • Porch

About This Home

As of June 2022

DON'T MISS this Beautiful Bungalow located walking distance from downtown Wake Forest. Wooded lot envelops this styled 3 bedroom/2 full bath. A fire pit and patio out back are perfect for entertaining! ROOF (2020), painted bathrooms and cabinets (2019), and crawl-space cleaned w/ new vapor barrier and dehumidifier (2021). Newer HVAC serviced regularly. Perfect for first-time home buyer or investor looking for ideal rental! Multiple offers received, please submit BY Sunday, May 15th, 7pm.

Last Listed By

Franklin Roberts

Lovette Properties LLC License #290904 Listed on: 05/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,702

Year Built

  • Built in 2000

Lot Details

  • 0.66 Acre Lot
  • Wooded Lot
  • Landscaped with Trees

Parking

  • Private Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Family Room
  • Utility Room
  • Laundry on main level
  • Crawl Space
  • Unfinished Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Patio
  • Porch

Schools

  • Richland Creek Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Association fees include unknown

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,702

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Year Built: 2000
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Plat
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 1040.0
  • General Property Information Carport YN: No
  • Special Circumstances REOLender Owned: Yes
  • General Property Information Lot Size Square Feet2: 28749.6
  • General Property Information Lot Size Acres: 0.66
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Eat-in Kitchen, Primary Downstairs
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Range Hood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Acres: 0.66
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Patio, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: 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 - Wake Forest
  • Middle Or Junior School: Wake - Wake Forest

Lot Info

  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 28749.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1702.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 3, 2022
Sold by
Sibley and Alexandra
Bought by
Vm Pronto Llc
Seller's Agent
Franklin Roberts
Lovette Properties LLC
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$285,000
Sold Price
$310,000
Premium/Discount to List
$25,000
8.77%
Total Days on Market
4
Current Estimated Value
$293,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,316
Avg. Annual Appreciation
-1.80%

Purchase Details

Closed on
Jun 6, 2019
Sold by
Watkins Lan K and Watkins Andrea B
Bought by
Sibley Nathaniel and Sibley Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,514
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2015
Sold by
Burlage Luke Gabriel and Burlage Laura Elena
Bought by
Watkins Ian K and Watkins Andrea B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,409
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2014
Sold by
Secretary Of Hud
Bought by
Burlage Lukas Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,176
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2013
Sold by
Jpmorgan Chase Bank Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Feb 22, 2013
Sold by
Miller Elisabeth C
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Dec 27, 2000
Sold by
T K Construction Inc
Bought by
Miller Elisabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.75%

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

Purchase History

Date Buyer Sale Price Title Company
Vm Pronto Llc $306,000 Costner Law Office Pllc
Sibley Nathaniel $151,500 None Available
Watkins Ian K $102,000 Attorney
Burlage Lukas Gabriel -- None Available
Secretary Of Hud -- None Available
Jpmorgan Chase Bank Na $50,400 None Available
Miller Elisabeth C $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sibley Nathaniel $141,673
Previous Owner Sibley Nathaniel $146,514
Previous Owner Watkins Ian $31,100
Previous Owner Watkins Ian K $99,409
Previous Owner Watkins Ian K $4,970
Previous Owner Burlage Lukas Gabriel $56,176
Previous Owner Rich John M $97,248
Previous Owner Miller Elisabeth C $96,000
Previous Owner Rich John M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $310,000 -- --
06/08/2022 06/08/22 Sold $310,000 +8.8% $298 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $285,000 -- $274 / 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 $2,708 $274,951 $90,000 $184,951
2023 $1,805 $153,595 $42,000 $111,595
2022 $1,732 $153,595 $42,000 $111,595
2021 $1,702 $153,595 $42,000 $111,595
2020 $1,702 $153,595 $42,000 $111,595
2019 $1,543 $122,761 $36,000 $86,761
2018 $1,462 $122,761 $36,000 $86,761
2017 $1,413 $122,761 $36,000 $86,761
2016 $1,396 $122,761 $36,000 $86,761
2015 $1,544 $134,360 $46,800 $87,560
2014 $1,495 $134,360 $46,800 $87,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2446992

Doorify MLS

APN: 1841.19-61-5831-000