NOT LISTED FOR SALE

436 Otway Rd Wake Forest, NC 27587

Estimated Value: $674,156 - $703,000

4 Beds
4 Baths
2,881 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $542,000 $188 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,376/month

1 Day on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • 1 Fireplace
  • Heritage Elementary School Rated A
  • Main Floor Primary Bedroom
  • Zoned Heating and Cooling

About This Home

As of July 2021

Ideal location in Wake Forest! Close to historic downtown, shopping, dining, parks, trails, & an award-winning Golf Club & Swim/Tennis club. Enjoy your coffee on your screened porch while enjoying the privacy of a backyard that looks out into nature. Spacious Ranch Style living, with a large bonus room & full bathroom on the second floor & a large attic space for storage. Magnificent kitchen with lots of cabinets, spacious and open to the family room which is perfect for entertaining. This home awaits!

Last Agent to Sell the Property

Nina Gervase

EXP Realty LLC License #301554 Listed on: 05/20/2021

EXP Realty LLC

Last Buyer's Agent

Chris Martin

Daughtry Realty License #189374

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,175

Year Built

  • Built in 2012

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 104' x 148' x 70' x 131'

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,881 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Schools

  • Heritage Elementary And Middle School
  • Heritage High School

Utilities

  • Zoned Heating and Cooling
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Association fees include insurance
  • Heritage Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,175

Year Built

Built in 2012

Lot Details

0

HOA Fees

$24 per month

Parking

2

Listing Details

  • Year Built: 2012
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance
  • Subdivision Name: Heritage
  • Above Grade Finished Sq Ft: 2881.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 104' x 148' x 70' x 131'
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Primary Bedroom Level: M
  • General Property Information Senior Community YN: No
  • General Property Information Above Grade Finished Area: 2881.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 11761.2
  • General Property Information Lot Size Acres: 0.27
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.27
  • Construction Type: Brick, Fiber Cement
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Brick: 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: Electric, Floor Furnace, Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Heating:Floor Furnace: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 288.75
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Insurance2: 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: 104' x 148' x 70' x 131'
  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4175.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 12, 2021
Sold by
Parks Stephen and Parks Kimberly
Bought by
Daza Santiago Inca and Mudiyanselage Dilshani Madhubhashini
Seller's Agent
Nina Gervase
EXP Realty LLC
Buyer's Agent
Chris Martin
Daughtry Realty
List Price
$485,000
Sold Price
$542,000
Premium/Discount to List
$57,000
11.75%
Total Days on Market
1
Current Estimated Value
$689,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,539
Avg. Annual Appreciation
6.38%
Original Mortgage
$465,500
Outstanding Balance
$426,920
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$262,619

Purchase Details

Closed on
May 29, 2013
Sold by
Rieker James K and Rieker Tamara A
Bought by
Murray Ann W and Parks Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2012
Sold by
Jordans Construction Inc
Bought by
Rieker James K and Rieker Tamara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2011
Sold by
Heritage Wake Forest Inc
Bought by
Jordans Construction Inc
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
Daza Santiago Inca $542,000 None Available
Murray Ann W $360,000 None Available
Rieker James K $333,000 None Available
Jordans Construction Inc $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daza Santiago Inca $465,500
Previous Owner Murray Ann W $288,000
Previous Owner Rieker James K $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $542,000 -- --
07/12/2021 07/12/21 Sold $542,000 +11.8% $188 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $485,000 -- $168 / 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 $5,788 $604,959 $130,000 $474,959
2023 $4,872 $417,587 $65,000 $352,587
2022 $4,674 $417,587 $65,000 $352,587
2021 $4,593 $417,587 $65,000 $352,587
2020 $4,593 $417,587 $65,000 $352,587
2019 $4,949 $397,251 $60,000 $337,251
2018 $4,685 $397,251 $60,000 $337,251
2017 $4,529 $397,251 $60,000 $337,251
2016 $4,471 $397,251 $60,000 $337,251
2015 $3,987 $349,626 $70,000 $279,626
2014 $3,859 $349,626 $70,000 $279,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2385106

Doorify MLS

APN: 1840.11-75-3583-000