NOT LISTED FOR SALE

511 Elm Ave Wake Forest, NC 27587

Estimated Value: $297,000 - $330,000

4 Beds
3.5 Baths
1,921 Sq Ft
$165/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $285,000 $148 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,065/month

2 Days on Market

Highlights

  • Transitional Architecture
  • Cathedral Ceiling
  • Shower Only in Primary Bathroom
  • Wake Forest High School Rated 9+
  • Home Office
  • 2-minute walk to H.L. Miller Park

About This Home

As of November 2021

It's hard to find a four bedroom, three full bath townhome within walking distances to all that downtown Wake Forest has to offer! Enjoy the quiet wooded buffer off your back patio or for some local fun head to nearby shops, park, restaurants or brewery. You'll have a dedicated parking spot with ample visitor parking. First floor has a small office as well as open living/dining area off kitchen. Laminated flooring throughout most of the first floor.

Last Agent to Sell the Property

Carrie Schlegel

Real Broker, LLC License #279013 Listed on: 09/27/2021

Real Broker, LLC

Last Buyer's Agent

Kate Haenke

LPT Realty LLC License #331227

LPT Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 2004

Lot Details

  • 871 Sq Ft Lot
  • Landscaped

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,921 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Utility Room
  • Crawl Space
  • Attic Floors
  • Prewired Security

Kitchen

  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Shower Only in Primary Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Rain Gutters

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

Overview

  • Association fees include ground maintenance, maintenance structure, road maintenance, storm water maintenance, trash
  • Ppm Association
  • Avondale Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,031

Year Built

Built in 2004

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Year Built: 2004
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Road Maintenance, Storm Water Maintenance, Trash
  • Subdivision Name: Avondale
  • Above Grade Finished Sq Ft: 1921.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Above Grade Unfinished Area: 204.0
  • General Property Information Total Unfinished Area2: 204.0
  • General Property Information Lot Size Dimensions: TBD
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Shower Only: Yes
  • Laundry Features Laundry Closet: Yes
  • Security Features Prewired: Yes
  • General Property Information Above Grade Finished Area: 1921.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 871.2
  • General Property Information Lot Size Acres: 0.02
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer, High Ceilings, Kitchen/Dining Room Combination, Separate Shower, Shower Only, Smooth Ceilings, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 11
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Attic Features:Floored: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.02
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Patio
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes

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

  • Community Features: Street Lights
  • Association Fee: 125.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 125.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: TBD
  • Lot Size Sq Ft: 871.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2031.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Wake Forest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Oct 15, 2021
Sold by
Mangus Patrick and Mangus Stephanie
Bought by
Dee Leopold
Seller's Agent
Carrie Schlegel
Real Broker, LLC
Buyer's Agent
Kate Haenke
LPT Realty LLC
List Price
$259,000
Sold Price
$285,000
Premium/Discount to List
$26,000
10.04%
Current Estimated Value
$316,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,473
Avg. Annual Appreciation
2.72%
Original Mortgage
$213,750
Outstanding Balance
$195,564
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$120,909

Purchase Details

Closed on
Aug 20, 2015
Sold by
Ellis Sherry and Ellis James
Bought by
Mangus Stephanie and Mangus Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,530
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2005
Sold by
Prominence Homes Inc
Bought by
Kiley Sherry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,384
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Dee Leopold $285,000 None Available
Mangus Stephanie $149,000 Attorney
Kiley Sherry T $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dee Leopold $213,750
Previous Owner Mangus Stephanie $151,530
Previous Owner Kiley Sherry T $122,384
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $285,000 -- --
11/04/2021 11/04/21 Sold $285,000 +10.0% $148 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $259,000 -- $135 / 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 $3,139 $328,089 $80,000 $248,089
2024 $3,127 $328,089 $80,000 $248,089
2023 $2,155 $183,726 $30,000 $153,726
2022 $2,068 $183,726 $30,000 $153,726
2021 $2,032 $183,726 $30,000 $153,726
2020 $2,032 $183,726 $30,000 $153,726
2019 $1,909 $152,272 $30,000 $122,272
2018 $1,808 $152,272 $30,000 $122,272
2017 $1,748 $152,272 $30,000 $122,272
2016 $1,726 $152,272 $30,000 $122,272
2015 -- $165,576 $36,000 $129,576
2014 $1,838 $165,576 $36,000 $129,576
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2410118

Doorify MLS

APN: 1841.19-60-2295-000