NOT LISTED FOR SALE

501 N Cypress St Wendell, NC 27591

Estimated Value: $207,000 - $249,108

3 Beds
2 Baths
1,048 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $145,000 $138 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,394/month

5 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Porch
  • No HOA
  • Detached Garage
  • Eat-In Kitchen

About This Home

As of May 2021

*Offer has been verbally accepted, awaiting signatures.* What do you get when you combine a historic home, wrap-around front porch, fenced & shaded backyard, with amazing potential just blocks from downtown Wendell? 501 N. Cypress Street! The interior is in good shape with a few projects to finish up. Most of the work will be to the siding, foundation, and roof. Likely will not qualify for conventional financing with condition of the exterior, and will need to be a cash offer.

Last Agent to Sell the Property

Patrick Madigan

Keller Williams Realty License #283373 Listed on: 04/26/2021

Last Buyer's Agent

Rachel Kendall

Real Broker, LLC - Carolina Collective Realty License #263471

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,102

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150x50x150
  • Fenced Yard

Parking

  • Detached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,048 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Wendell Elementary And Middle School
  • East Wake High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Wendell Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,102

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • Prop. Type: Residential
  • Subdivision Name: Wendell Heights
  • Above Grade Finished Sq Ft: 1048.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 199.0
  • General Property Information Total Unfinished Area2: 199.0
  • General Property Information Lot Size Dimensions: 50x150x50x150
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: 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
  • Remarks and Miscellaneous Syndication Remarks2: *Offer has been verbally accepted, awaiting signatures.* What do you get when you combine a historic home, wrap-around front porch, fenced & shaded backyard, with amazing potential just blocks from downtown Wendell? 501 N. Cypress Street! The interior is in good shape with a few projects to finish up. Most of the work will be to the siding, foundation, and roof. Likely will not qualify for conventional financing with condition of the exterior, and will need to be a cash offer.
  • Architectural Style Bungalow: Yes
  • General Property Information Above Grade Finished Area: 1048.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Acres: 0.17
  • General Property Information:Living Area3: 1048.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Eat-in Kitchen
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 0.17
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Fenced - Yard: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached
  • Parking Features:Detached: 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 - East Wake
  • Middle Or Junior School: Wake - Wendell

Lot Info

  • Lot Dimensions: 50x150x50x150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1102.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Wendell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2021
Sold by
Stiles and Phyllis
Bought by
Stiles Holly Anne
Current Estimated Value
$230,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Outstanding Balance
$157,618
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$72,909

Purchase Details

Listed on
Apr 26, 2021
Closed on
May 16, 2021
Sold by
Harwood Paul and Harwood Candace
Bought by
Stiles Richard and Stiles Phyllis
Seller's Agent
Patrick Madigan
Keller Williams Realty
Buyer's Agent
Rachel Kendall
Real Broker, LLC - Carolina Collective Realty
List Price
$125,000
Sold Price
$145,000
Premium/Discount to List
$20,000
16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%

Purchase Details

Closed on
Jul 31, 2014
Sold by
North Carolina Housing Finance Agency
Bought by
Harwood Mary I and Harwood Paul T

Purchase Details

Closed on
Jul 29, 2013
Sold by
Moran Ryan
Bought by
North Carolina Housing Finance Agency

Purchase Details

Closed on
Oct 12, 2007
Sold by
Black Haywood and Black Lisa
Bought by
Moran Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,900
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1998
Sold by
Lake Glad Construction
Bought by
Black Haywood and Black Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.8%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stiles Holly Anne $192,000 None Listed On Document
Stiles Richard $145,000 Magnolia Title Company Llc
Harwood Mary I -- None Available
North Carolina Housing Finance Agency $56,700 None Available
Moran Ryan $98,000 None Available
Black Haywood $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stiles Holly Anne $172,800
Closed Stiles Holly Anne $172,800
Previous Owner Moran Ryan $97,900
Previous Owner Black Haywood $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $145,000 -- --
05/17/2021 05/17/21 Sold $145,000 +16.0% $138 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $125,000 -- $119 / 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 $2,368 $214,474 $85,000 $129,474
2024 $2,328 $214,474 $85,000 $129,474
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2380087

Doorify MLS

APN: 1784.19-61-4954-000