NOT LISTED FOR SALE

Estimated Value: $477,000 - $560,000

3 Beds
2 Baths
2,000 Sq Ft
$265/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $490,000 $245 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,062/month

4 Days on Market

Highlights

  • 1.29 Acre Lot
  • Deck
  • Ranch Style House
  • Swift Creek Elementary School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of June 2022

ALL BRICK RANCH! 1.29 Acre Heavily Wooded Lot w/High Canopy of Trees & Zoysia Grass Lawn! 2 Separate Fenced Areas, Plus Dog Kennel w/6' Fence & Concrete Pad! 2-Car Attached Gar & All Brick Detached 1-Car Wired Workshop with Heat, 220V Outlet & 30-am RV Hookup! Country Living w/City Convenience, but NO CITY TAXES! The home is past due for updating as it was built in the late 70's but the structure is solid & the home was built to allow for remodeling. The lot extends past the first fence in the backyard!

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 05/23/2022

Last Buyer's Agent

Kathryn Shackleford

Keller Williams Realty License #306870

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,347

Year Built

  • Built in 1978

Lot Details

  • 1.29 Acre Lot
  • Lot Dimensions are 160.2 x 353.5 x 160.5 x 350.4
  • Fenced Yard
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned R-40W

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Private Driveway

Home Design

  • Ranch Style House
  • Brick Veneer

Interior Spaces

  • 2,000 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Porch

Schools

  • Swift Creek Elementary School
  • Dillard Middle School
  • Athens Dr High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Penn Shaw Pines Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,347

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1978
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Penn Shaw Pines
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 160.2 x 353.5 x 160.5 x 350.4
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Laundry Features Laundry Closet: Yes
  • Flooring Laminate: Yes
  • Other Structures Workshop: Yes
  • General Property Information Above Grade Finished Area: 2000.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 56192.4
  • General Property Information Lot Size Acres: 1.29
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Primary Downstairs
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 1.29
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Detached, Driveway, Garage, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Detached: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Dillard

Lot Info

  • Zoning: R-40W
  • Lot Dimensions: 160.2 x 353.5 x 160.5 x 350.4
  • Lot Size Sq Ft: 56192.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2347.0
  • Tax Year: 2021
  • Tax Map Number: DB 01502 PG 0004

MLS Schools

  • Elementary School: Wake - Swift Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jun 27, 2022
Sold by
Nye Margaret M
Bought by
Wallace Michael Lee
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Kathryn Shackleford
Keller Williams Realty
List Price
$450,000
Sold Price
$490,000
Premium/Discount to List
$40,000
8.89%
Current Estimated Value
$529,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,394
Avg. Annual Appreciation
2.37%
Original Mortgage
$392,000
Outstanding Balance
$372,650
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$156,744
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

Purchase History

Date Buyer Sale Price Title Company
Wallace Michael Lee $490,000 Brady Boyette Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Michael Lee $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $490,000 -- --
06/29/2022 06/29/22 Sold $490,000 +8.9% $245 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
06/05/2022 06/05/22 For Sale $450,000 -- $225 / 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
2025 $3,040 $472,192 $190,000 $282,192
2024 $2,952 $472,192 $190,000 $282,192
2023 $2,603 $331,267 $96,000 $235,267
2022 $2,412 $331,267 $96,000 $235,267
2021 $2,348 $331,267 $96,000 $235,267
2020 $2,309 $331,267 $96,000 $235,267
2019 $2,096 $254,137 $78,000 $176,137
2018 $0 $254,137 $78,000 $176,137
2017 $0 $254,137 $78,000 $176,137
2016 $1,790 $254,137 $78,000 $176,137
2015 -- $236,732 $82,000 $154,732
2014 -- $236,732 $82,000 $154,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2450997

Doorify MLS

APN: 0781.01-27-1683-000