NOT LISTED FOR SALE

531 Young Forest Dr Wake Forest, NC 27587

Estimated Value: $389,422 - $424,000

3 Beds
2 Baths
1,614 Sq Ft
$253/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2024

Last sale price $398,000 $247 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,404 / mo

14 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Bonus Room
  • Deck
  • Traditional Architecture
  • No HOA

About This Home

As of October 2024

Come home to this lovely traditional 3 bedroom 2 bath ranch located on just shy of 1 acre. You'll enjoy open concept living with an updated kitchen and bonus/family room. Primary bedroom boasts vaulted ceilings and an ensuite with a walk in tile shower. Host friends on your back deck, brick patio and at the large fire pit. The large shed has been renovated and sealed for 300 sqft of extra space! Enjoy being less than 5 min from downtown Wake Forest where you can go out for dinner and a show at the local theatre. This listing will not disappoint! Roof 2019/HVAC2020/Well Pump 2023

Last Agent to Sell the Property

Lisa Sofley

Raynor Realty powered by Real License #322817 Listed on: 09/24/2024

Last Buyer's Agent

Dana Lemon

Southern Lux Living License #337926

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,301

Year Built

  • Built in 1995

Lot Details

  • 40,946 Sq Ft Lot
  • Property fronts a county road
  • West Facing Home
  • Wood Fence
  • Back Yard Fenced
  • Chain Link Fence
  • Wooded Lot
  • Landscaped with Trees
  • Garden

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,614 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Screen For Fireplace
  • French Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Views of Woods
  • Pull Down Stairs to Attic

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Private Driveway
  • 4 Open Parking Spaces

Accessible Home Design

  • Accessible Full Bathroom
  • Adaptable Bathroom Walls

Outdoor Features

  • Deck
  • Patio
  • Fire Pit
  • Separate Outdoor Workshop

Schools

  • Youngsville Elementary School
  • Cedar Creek Middle School
  • Franklinton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Well
  • Water Heater
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Young Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 026573

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,301

Year Built

Built in 1995

Lot Details

0.94 Acres

Listing Details

  • Year Built: 1995
  • Prop. Type: Residential
  • Horses: No
  • Road Frontage Type: County Road
  • Subdivision Name: Young Forest
  • Above Grade Finished Sq Ft: 1614.0
  • Architectural Style: Ranch, Traditional
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Effective Year Built: 1995
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Levels One: Yes
  • Flooring Ceramic Tile: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • Laundry Features Laundry Closet: Yes
  • Fireplace Features Fireplace Screen: Yes
  • Laundry Features In Hall: Yes
  • Other Structures Workshop: Yes
  • Fencing Privacy: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • Vegetation Wooded2: Yes
  • Utilities Natural Gas Available: Yes
  • Roof:Shingle: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 1614.0
  • Room Types Primary Bathroom Level: Main
  • Cooling Ceiling Fan(s): Yes
  • Utilities Electricity Connected: Yes
  • Room Types Laundry2: Yes
  • Fencing Back Yard: Yes
  • Fencing Wood2: Yes
  • View TreesWoods: Yes
  • Utilities Septic Connected: Yes
  • Road Frontage Type County Road: Yes
  • Water Source Private6: Yes
  • General Property Information Lot Size Square Feet2: 40946.4
  • Fencing Chain Link: Yes
  • General Property Information Lot Size Acres: 0.94
  • General Property Information Stories2: 1
  • General Property Information:Living Area3: 1614.0
  • General Property Information Waterfront YN: No
  • General Property Information Direction Faces: West
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Renovated: 1995

Interior Features

  • Flooring: Ceramic Tile, Luxury Vinyl, Plank
  • Interior Amenities: Living/Dining Room Combination, Recessed Lighting, Smooth Ceilings, Walk-In Shower
  • Spa Features: None
  • Private Spa: No
  • Appliances: Convection Oven, Dishwasher, Dryer, Gas Oven, Gas Range, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Other
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Fireplace Screen, Living Room, Wood Burning
  • Fireplaces: 1
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Convection Oven: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Recessed Lighting: Yes
  • Appliances:Gas Oven: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fenced Yard, Fire Pit
  • Fencing: Back Yard, Chain Link, Privacy, Wood
  • Acres: 0.94
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Construction Type: Brick Veneer, Vinyl Siding
  • Direction Faces: West
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck, Patio
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick Veneer: Yes
  • Lot Features:Garden2: Yes
  • Exterior Features:Fire Pit: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Door Features:French Doors: Yes
  • Accessibility Features:Adaptable Bathroom Walls: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.0
  • Parking Features:Driveway: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Septic Connected, See Remarks
  • Heating: Central, Forced Air, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Well
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Central: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • Horse Amenities:None11: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Franklin - Franklinton
  • Middle Or Junior School: Franklin - Cedar Creek

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 40946.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 026573
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2301.09
  • Tax Year: 2024

MLS Schools

  • Elementary School: Franklin - Youngsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2024
Closed on
Oct 30, 2024
Sold by
Sofley Lisa
Bought by
Gutierrez Kimberly and Gutierrez Nathaniel
Seller's Agent
Lisa Sofley
Raynor Realty powered by Real
Buyer's Agent
Dana Lemon
Southern Lux Living
List Price
$410,000
Sold Price
$398,000
Premium/Discount to List
-$12,000
-2.93%
Views
38
Current Estimated Value
$407,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,856
Avg. Annual Appreciation
1.75%
Original Mortgage
$250,000
Outstanding Balance
$246,981
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$160,875

Purchase Details

Closed on
Jan 22, 2020
Sold by
Holloway James Bradley and Holloway Jessica Leigh
Bought by
Sofley Henry and Sofley Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,571
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2012
Sold by
Homesales Inc
Bought by
Holloway James Bradley and Holloway Jessica Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,071
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2011
Sold by
Barnhill Theresa D
Bought by
Homesales Inc

Purchase Details

Closed on
Mar 6, 1996
Bought by
Barnhill Theresa D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gutierrez Kimberly $398,000 None Listed On Document
Sofley Henry $195,000 None Available
Holloway James Bradley $114,000 None Available
Homesales Inc $118,455 None Available
Barnhill Theresa D $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Kimberly $250,000
Previous Owner Sofley Henry $178,571
Previous Owner Holloway James Bradley $116,071
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $398,000 -2.9% $247 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $410,000 -- $254 / Sq Ft
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 $2,487 $393,030 $115,200 $277,830
2024 $2,301 $369,430 $115,200 $254,230
2023 $1,781 $189,750 $40,250 $149,500
2022 $1,771 $189,750 $40,250 $149,500
2021 $1,779 $189,750 $40,250 $149,500
2020 $1,641 $172,990 $40,250 $132,740
2019 $1,631 $172,990 $40,250 $132,740
2018 $1,617 $172,990 $40,250 $132,740
2017 $1,430 $138,440 $35,000 $103,440
2016 $1,478 $138,440 $35,000 $103,440
2015 $1,478 $138,440 $35,000 $103,440
2014 $1,381 $138,440 $35,000 $103,440
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lisa Sofley

    Raynor Realty powered by Real

    (919) 400-1907

    6 in this area

    8 Total Sales

    Lisa Sofley
    Section Image
  • Dana Lemon

    Buyer's Agent in 2024

    Dana Lemon

    Southern Lux Living

    (706) 224-1517

    5 in this area

    56 Total Sales

    Dana Lemon
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10053811

Doorify MLS

APN: 026573

North Carolina Franklin County Wake Forest 27587

531 Young Forest Dr, Wake Forest, NC

Not Listed for Sale

Detached

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