NOT LISTED FOR SALE

506 Tyler Run Dr Wake Forest, NC 27587

Estimated Value: $339,000 - $390,000

3 Beds
2 Baths
1,508 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $310,000 $206 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,147/month

Highlights

  • Deck
  • No HOA
  • Walk-In Closet
  • Wake Forest High School Rated A-
  • 1 Car Attached Garage
  • Central Air

About This Home

As of December 2021

Like all our homes, this one features: a great location in a desirable neighborhood, a comfortable layout with good-sized bedrooms and bathrooms, a great kitchen with plenty of counter and cabinet space, many updated and upgraded features, central HVAC and programmable thermostat, garage and a spacious yard, and it's pet friendly.

Last Agent to Rent the Property

MARCELENE EDWARDS

Progress Residential Property License #208368 Listed on: 12/16/2021

Last Renter's Agent

MARCELENE EDWARDS

Progress Residential Property License #208368 Listed on: 12/16/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 0.36

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,508 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Wake Forest Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Tyler Run Subdivision
  • Park Phone (800) 218-4796

Listing and Financial Details

  • Security Deposit $1,735
  • Property Available on 12/16/21
  • Tenant pays for water

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Water, Other
  • Lease Term: Other
  • Available Date: 2021-12-16

Listing Details

  • Year Built: 1993
  • Prop. Type: Residential Lease
  • Subdivision Name: Tyler Run
  • Above Grade Finished Sq Ft: 1508.0
  • Unit Levels: One and One Half
  • New Construction: No
  • Cooling Central Air: Yes
  • Appliances Refrigerators: Yes
  • Levels One and One Half: Yes
  • Contract Information Lease Term: Other
  • Contract Information Availability Date: 2021-12-16
  • Contract Information Security Deposit2: 1735.0
  • General Property Information Above Grade Finished Area: 1508.0
  • Contract Information ManagerOwner Phone: 800-218-4796
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Pets Allowed Yes2: Yes
  • General Property Information:Living Area3: 1508.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

MLS Schools

  • Elementary School: Wake - Wake Forest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2022
Sold by
Sfr Investments V Borrower 1 Llc
Bought by
Progress Residential Borrower 20 Llc
Current Estimated Value
$360,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,332,000
Outstanding Balance
$206,861,399
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$206,501,109

Purchase Details

Listed on
Dec 16, 2021
Closed on
Oct 26, 2021
Sold by
Willoughby Timothy Wayne and Willoughby Heddy
Bought by
Sfr Investmensts V Borrow I Llc
Seller's Agent
MARCELENE EDWARDS
Progress Residential Property
Buyer's Agent
MARCELENE EDWARDS
Progress Residential Property
Sold Price
$1,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%

Purchase Details

Closed on
May 26, 1998
Sold by
Laffler Howard
Bought by
Willoughby Timothy Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,976
Interest Rate
7.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Progress Residential Borrower 20 Llc -- None Listed On Document
Sfr Investmensts V Borrow I Llc $310,000 Investors Title Insurance Co
Willoughby Timothy Wayne $119,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 20 Llc $632,332,000
Previous Owner Willoughby Timothy Wayne $118,976
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2023 12/18/23 Off Market $1,735 -- --
12/15/2023 12/15/23 Off Market $310,000 -- --
01/03/2022 01/03/22 Rented $1,735 0.0% --
12/17/2021 12/17/21 Under Contract -- -- --
12/17/2021 12/17/21 Rented $1,735 0.0% --
12/16/2021 12/16/21 For Rent $1,735 0.0% --
10/29/2021 10/29/21 Sold $310,000 -- $206 / Sq Ft View Prior Sale
10/07/2021 10/07/21 Pending -- -- --
Source: Doorify MLS

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 $3,316 $338,795 $80,000 $258,795
2024 $3,304 $338,795 $80,000 $258,795
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Peter Kima

    Keller Williams Preferred Realty

  • M

    Landlord's Agent in 2021

    MARCELENE EDWARDS

    Progress Residential Property

    Section Image

  • R

    Buyer's Agent in 2021

    Rob Walton

    Realty Raleigh

    (919) 741-2541

    24 in this area

    295 Total Sales

    Rob Walton
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2423528

Doorify MLS

APN: 1841.17-10-1644-000

North Carolina Wake County Wake Forest 27587

506 Tyler Run Dr, Wake Forest, NC

Not Listed for Sale

Detached

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