NOT LISTED FOR SALE

5225 Deerchase Trail Wake Forest, NC 27587

Estimated Value: $383,000 - $460,000

3 Beds
2.5 Baths
2,197 Sq Ft
$191/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $382,000 $174 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,489/month

174 Days on Market

Highlights

  • 0.84 Acre Lot
  • Traditional Architecture
  • Bonus Room
  • Sanford Creek Elementary School Rated A-
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of June 2024

Lovely Wake Forest location. This home boasts a downstairs master bedroom. Updated Granite countertops, wood burning fireplace, oversized one car garage, .84 acre lot. 2 bedrooms and full bath upstairs with bonus. Great Wake Forest location in an established neighborhood.

Last Agent to Sell the Property

Andrea Felso

Mark Spain Real Estate License #320105 Listed on: 01/05/2024

Mark Spain Real Estate

Last Buyer's Agent

Vicky Loredo

DASH Carolina License #343716

DASH Carolina

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,944

Year Built

  • Built in 1987

Lot Details

  • 0.84 Acre Lot

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,197 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

  • Sanford Creek Elementary School
  • Heritage Middle School
  • Heritage High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Deer Chase Subdivision

Listing and Financial Details

  • Bankruptcy Property
  • Assessor Parcel Number 1749300937

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,944

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Year Built: 1987
  • Prop. Type: Residential
  • Subdivision Name: Deer Chase
  • Above Grade Finished Sq Ft: 2197.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Lot Size Dimensions: See Plat Map
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Flooring Laminate: Yes
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • Sewer Community Sewer: Yes
  • General Property Information Above Grade Finished Area: 2197.0
  • General Property Information Carport YN: No
  • Special Listing Conditions Bankruptcy Property: Yes
  • General Property Information Lot Size Square Feet2: 36590.4
  • General Property Information Lot Size Acres: 0.84
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.84
  • Construction Type: Engineered Wood

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Garage
  • Total Parking Spaces: 1.0
  • Parking Features:Garage: Yes
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: See Plat Map
  • Lot Size Sq Ft: 36590.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 1749300937

Tax Info

  • Tax Annual Amount: 1944.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Sanford Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
May 27, 2024
Sold by
Peterson Glenn P and Peterson Evelyn M
Bought by
Shokrgozar Nina and Jafari Kaaveh
Seller's Agent
Andrea Felso
Mark Spain Real Estate
Buyer's Agent
Vicky Loredo
DASH Carolina
List Price
$425,000
Sold Price
$382,000
Premium/Discount to List
-$43,000
-10.12%
Views
324
Current Estimated Value
$420,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,242
Avg. Annual Appreciation
5.17%
Original Mortgage
$362,900
Outstanding Balance
$359,899
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$45,911

Purchase Details

Closed on
Jul 29, 1994
Bought by
Peterson Glenn P and Peterson Evelyn M
Source: Public Records

Range of Values:

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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
Shokrgozar Nina $382,000 None Listed On Document
Peterson Glenn P $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shokrgozar Nina $362,900
Previous Owner Peterson Glenn P $317,000
Previous Owner Peterson Glenn P $254,400
Previous Owner Peterson Glenn P $226,400
Previous Owner Pererson Glenn P $30,000
Previous Owner Peterson Evelyn M $180,000
Previous Owner Peterson Evelyn M $157,500
Previous Owner Peterson Glenn Paul $168,000
Previous Owner Peterson Glenn P $44,000
Previous Owner Peterson Glenn P $146,500
Previous Owner Peterson Glenn P $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $382,000 -4.5% $174 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $400,000 -5.9% $182 / Sq Ft
01/05/2024 01/05/24 For Sale $425,000 +11.3% $193 / Sq Ft
12/31/2023 12/31/23 Off Market $382,000 -- --
12/16/2023 12/16/23 Off Market $425,000 -- --
11/22/2023 11/22/23 Price Changed $425,000 -5.6% $193 / Sq Ft
10/13/2023 10/13/23 For Sale $450,000 -- $205 / 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
2024 $2,449 $391,179 $96,000 $295,179
2023 $1,945 $246,875 $58,000 $188,875
2022 $1,803 $246,875 $58,000 $188,875
2021 $1,755 $246,875 $58,000 $188,875
2020 $1,726 $246,875 $58,000 $188,875
2019 $1,924 $233,163 $68,000 $165,163
2018 $1,770 $233,163 $68,000 $165,163
2017 $1,678 $233,163 $68,000 $165,163
2016 $1,644 $233,163 $68,000 $165,163
2015 $1,657 $235,719 $72,000 $163,719
2014 $1,571 $235,719 $72,000 $163,719
Source: Public Records

Agents Affiliated with this Home

  • Andrea Felso

    Seller's Agent in 2024

    Andrea Felso

    Mark Spain

    (919) 285-6406

    5 in this area

    83 Total Sales

    Andrea Felso
    Section Image

  • V

    Buyer's Agent in 2024

    Vicky Loredo

    DASH Carolina

    (919) 491-6881

    1 in this area

    15 Total Sales

    Vicky Loredo
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2537171

Doorify MLS

APN: 1749.03-30-0937-000

North Carolina Wake County Wake Forest 27587

5225 Deerchase Trail, Wake Forest, NC

This home is located at 5225 Deerchase Trail, Wake Forest, NC 27587 since 05 January 2024 and is currently estimated at $420,242, approximately $191 per square foot. This property was built in 1987. 5225 Deerchase Trail is a home located in Wake County with nearby schools including Sanford Creek Elementary School, Rolesville Middle School, and Heritage High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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