525 Elm Ave Wake Forest, NC 27587
Estimated Value: $272,000 - $316,000
3
Beds
2.5
Baths
1,550
Sq Ft
$189/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- High Ceiling
- Double Vanity
- End Unit
- Porch
- 2-minute walk to H.L. Miller Park
About This Home
As of August 2023LOCATION!! This immaculate end unit townhome is approximately 3 blocks from downtown Wake Forest, 1 mile from the Holding Park Aquatic Center POOL and 3 miles to Joyner Park offering an 117-acre expanse featuring paved trails, amphitheater, pecan grove & old farm buildings!! Enjoy walks/bike rides to upscale shops, restaurants and bars! OR ENJOY relaxing or entertaining in this pristine light filled open floorplan! Fresh paint-Agreeable Gray! Private patio opens to HOA maintained side yard perfect for pet walks! NEW ROOF to be installed July 24, 2023. See attached.
Last Agent to Sell the Property
Allen Tate/Raleigh-Falls Neuse License #247814 Listed on: 07/15/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,800
Year Built
- Built in 2006
Lot Details
- 1,307 Sq Ft Lot
- End Unit
- Landscaped with Trees
HOA Fees
- $140 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Traditional Architecture
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1,550 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Blinds
- Entrance Foyer
- Living Room with Fireplace
- Combination Dining and Living Room
- Utility Room
- Laundry on upper level
Kitchen
- Electric Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Double Vanity
- Bathtub with Shower
Attic
- Attic Floors
- Pull Down Stairs to Attic
Outdoor Features
- Patio
- Porch
Schools
- Wake County Schools Elementary And Middle School
- Wake County Schools High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Association fees include ground maintenance, maintenance structure, road maintenance, storm water maintenance, trash
- Ppm Avondale HOA
- Avondale Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2023
Closed on
Aug 11, 2023
Sold by
Evans Elizabeth and Evans Laird
Bought by
Stevens Matthew and Stevens Nazia
Seller's Agent
Mika Drew
Allen Tate/Raleigh-Falls Neuse
Buyer's Agent
Chris Webb
Property Specific, LLC
List Price
$315,000
Sold Price
$295,000
Premium/Discount to List
-$20,000
-6.35%
Total Days on Market
12
Views
45
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
-$1,322
Avg. Annual Appreciation
-0.25%
Original Mortgage
$221,250
Outstanding Balance
$217,252
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$76,426
Purchase Details
Closed on
Oct 25, 2007
Sold by
Norton Samuel C and Norton Judith H
Bought by
Holland Elizabeth and Poole Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,200
Interest Rate
5.75%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 30, 2006
Sold by
Prominence Homes Inc
Bought by
Norton Samuel C and Norton Judith H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
6.57%
Mortgage Type
Unknown
Similar Homes in the area
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 |
|---|---|---|---|
| Stevens Matthew | -- | None Listed On Document | |
| Holland Elizabeth | $131,500 | None Available | |
| Norton Samuel C | $134,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stevens Matthew | $221,250 | |
| Previous Owner | Drew Elizabeth Nancy | $134,518 | |
| Previous Owner | Holland Elizabeth | $105,200 | |
| Previous Owner | Norton Samuel C | $107,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2023 12/18/23 | Off Market | $295,000 | -- | -- |
| 08/31/2023 08/31/23 | Sold | $295,000 | -1.6% | $190 / Sq Ft |
| 07/26/2023 07/26/23 | Pending | -- | -- | -- |
| 07/20/2023 07/20/23 | Price Changed | $299,900 | -4.8% | $193 / Sq Ft |
| 07/14/2023 07/14/23 | For Sale | $315,000 | -- | $203 / 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 | $2,862 | $299,710 | $80,000 | $219,710 |
| 2023 | $1,876 | $159,733 | $30,000 | $129,733 |
| 2022 | $1,800 | $159,733 | $30,000 | $129,733 |
| 2021 | $1,769 | $159,733 | $30,000 | $129,733 |
| 2020 | $1,769 | $159,733 | $30,000 | $129,733 |
| 2019 | $1,696 | $135,056 | $30,000 | $105,056 |
| 2018 | $1,606 | $135,056 | $30,000 | $105,056 |
| 2017 | $1,553 | $135,056 | $30,000 | $105,056 |
| 2016 | $1,533 | $135,056 | $30,000 | $105,056 |
| 2015 | $1,677 | $146,056 | $36,000 | $110,056 |
| 2014 | $1,624 | $146,056 | $36,000 | $110,056 |
Source: Public Records
Agents Affiliated with this Home
-
Mika Drew
Seller's Agent in 2023
Mika Drew
Allen Tate/Raleigh-Falls Neuse
(919) 219-4886
3 in this area
21 Total Sales
-
Chris Webb
Buyer's Agent in 2023
Chris Webb
Property Specific, LLC
(919) 435-3148
32 in this area
70 Total Sales
Map
Source: Doorify MLS
MLS Number: 2521555
APN: 1841.19-60-4345-000
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