NOT LISTED FOR SALE

505 W Holding Ave Wake Forest, NC 27587

Estimated Value: $395,000 - $424,000

3 Beds
2.5 Baths
1,656 Sq Ft
$249/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $360,000 $217 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,495/month

1 Day on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Porch
  • Traditional Architecture
  • No HOA
  • 3-minute walk to Tyler Run Park

About This Home

As of August 2021

Sight Unseen Contract Accepted! Location! Location! 1 Mile from Downtown Wake Forest in desirable Tyler Run! 3 Bed 2 Bath, updated kitchen, 1 car garage, large owner's suite, lot feels larger than .33 acres. Spacious back deck and back yard patio are perfect for grill outs or bonfires. Sunroom is not included in square footage but feels like part of the home.

Last Agent to Sell the Property

Dale Moody

Cornerstone Properties License #275028 Listed on: 07/21/2021

Co-Listed By

Don Moody

Cornerstone Properties License #77108

Last Buyer's Agent

Susan Napolitano

Berkshire Hathaway HomeService License #272783

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,553

Year Built

  • Built in 1988

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 90x300x43x300

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Private Driveway

Home Design

  • Traditional Architecture
  • Cottage

Interior Spaces

  • 1,656 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry on upper level

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Porch

Schools

  • Wake Forest Elementary And Middle School
  • Wake Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Tyler Run Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,553

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1988
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Co List Office Mls Id: 1253
  • Co List Office Phone: 919-341-9594
  • Subdivision Name: Tyler Run
  • Above Grade Finished Sq Ft: 1656.0
  • Architectural Style: Cottage, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 195.0
  • General Property Information Total Unfinished Area2: 195.0
  • General Property Information Lot Size Dimensions: 90x300x43x300
  • General Property Information Association Fee Required YN: No
  • General Property Information Association Fee 2 Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Living Room2: Yes
  • Room Types Sunroom: Yes
  • Architectural Style Cottage: Yes
  • General Property Information Above Grade Finished Area: 1656.0
  • General Property Information Carport YN: No
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Lot Size Square Feet2: 14374.8
  • General Property Information Lot Size Acres: 0.33
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Living/Dining Room Combination
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.33
  • Construction Type: Engineered Wood
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Carport, Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Carport: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake - Wake Forest
  • Middle Or Junior School: Wake - Wake Forest

Lot Info

  • Lot Dimensions: 90x300x43x300
  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2553.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Wake Forest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 23, 2021
Sold by
Vaughan Taylor Ann and Jernigan James Ray
Bought by
Bordeaux Michael and Lochbaum Lauren
Seller's Agent
Dale Moody
Cornerstone Properties
Buyer's Agent
Susan Napolitano
Berkshire Hathaway HomeService
Sold Price
$360,000
Total Days on Market
1
Current Estimated Value
$411,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,895
Avg. Annual Appreciation
3.60%
Original Mortgage
$299,250
Outstanding Balance
$275,609
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$136,286

Purchase Details

Closed on
Mar 29, 2018
Sold by
Fordham Theresa M and Jones Theresa
Bought by
Vaughan Taylor Ann and Jernigan James Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 12, 2011
Sold by
Jones Larry E and Jones Theresa F
Bought by
Jones Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2003
Sold by
Wells Kelley A and Wells John P
Bought by
Jones Larry E and Jones Theresa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.86%

Purchase Details

Closed on
Nov 30, 2000
Sold by
Farris Troy M
Bought by
Majchrzak Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,377
Interest Rate
7.82%
Mortgage Type
FHA
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
Bordeaux Michael $360,000 None Available
Vaughan Taylor Ann $217,000 Statewide Title Inc
Jones Theresa -- None Available
Jones Larry E $150,000 --
Majchrzak Kelly A $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bordeaux Michael $299,250
Previous Owner Vaughan Taylor Ann $215,000
Previous Owner Vaughan Taylor Ann $219,000
Previous Owner Jones Theresa $133,500
Previous Owner Jones Theresa $72,000
Previous Owner Jones Theresa $100,000
Previous Owner Jones Larry E $120,000
Previous Owner Majchrzak Kelly A $50,000
Previous Owner Majchrzak Kelly A $144,079
Previous Owner Majchrzak Kelly A $144,377
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $360,000 -- --
08/23/2021 08/23/21 Sold $360,000 -- $217 / Sq Ft
07/22/2021 07/22/21 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 $3,712 $382,569 $80,000 $302,569
2023 $2,870 $245,273 $44,000 $201,273
2022 $2,754 $245,273 $44,000 $201,273
2021 $2,554 $231,392 $44,000 $187,392
2020 $2,554 $231,392 $44,000 $187,392
2019 $2,255 $180,173 $44,000 $136,173
2018 $2,136 $180,173 $44,000 $136,173
2017 $2,065 $180,173 $44,000 $136,173
2016 $2,039 $180,173 $44,000 $136,173
2015 $2,002 $174,667 $44,000 $130,667
2014 $1,938 $174,667 $44,000 $130,667
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2396991

Doorify MLS

APN: 1840.05-19-1386-000