511 Elm Ave Wake Forest, NC 27587
Estimated Value: $298,000 - $333,038
4
Beds
3.5
Baths
1,921
Sq Ft
$166/Sq Ft
Est. Value
Highlights
- Transitional Architecture
- Home Office
- Walk-In Closet
- Cathedral Ceiling
- Shower Only in Primary Bathroom
- 2-minute walk to H.L. Miller Park
About This Home
As of November 2021It'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
Real Broker, LLC License #279013 Listed on: 09/27/2021
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
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%
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,260
Avg. Annual Appreciation
3.12%
Original Mortgage
$213,750
Outstanding Balance
$197,226
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$121,034
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
Similar Homes in Wake Forest, NC
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
Average Home Value in this Area
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 | $149,400 | |
| Previous Owner | Kiley Sherry T | $13,000 | |
| 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
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 | $3,127 | $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
-
Carrie Schlegel
Seller's Agent in 2021
Carrie Schlegel
Real Broker, LLC
(919) 594-7183
7 in this area
120 Total Sales
-
Kate Haenke
K
Buyer's Agent in 2021
Kate Haenke
LPT Realty LLC
(919) 306-3169
2 in this area
14 Total Sales
Map
Source: Doorify MLS
MLS Number: 2410118
APN: 1841.19-60-2295-000
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