541 Elm Ave Wake Forest, NC 27587
Estimated Value: $276,000 - $325,000
3
Beds
3.5
Baths
1,603
Sq Ft
$191/Sq Ft
Est. Value
Highlights
- Transitional Architecture
- Attic
- Central Air
- Wood Flooring
- Porch
- 3-minute walk to H.L. Miller Park
About This Home
As of August 2022Walk downtown you say? Steps from parks, shops, restaurants, bars, and Holding aquatic center pool? All for just $315k? YASSSS! This townhome truly has it all. Each bedroom has its own bathroom with additional half bath downstairs. No carpet downstairs, hardwood floors refinished in 2019. New floors in kitchen and bathrooms. New water heater. Entire home painted agreeable gray, ready for your personal touches. Granite and stainless steel kitchen. Private screened-in porch with exterior hardscaped area for grillin' & chillin'. Dedicated parking space in front of home with plenty of additional parking.
Last Agent to Sell the Property
Fathom Realty NC License #305744 Listed on: 07/03/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,805
Year Built
- Built in 2006
Lot Details
- 871 Sq Ft Lot
- Privacy Fence
HOA Fees
- $135 Monthly HOA Fees
Home Design
- Transitional Architecture
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1,603 Sq Ft Home
- 3-Story Property
- Screen For Fireplace
- Gas Log Fireplace
- Family Room with Fireplace
- Laundry on upper level
- Attic
Flooring
- Wood
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- Parking Lot
- Assigned Parking
Outdoor Features
- Porch
Schools
- Wake Forest Elementary And Middle School
- Wake Forest High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
Community Details
- Association fees include ground maintenance, maintenance structure, road maintenance, sewer, storm water maintenance, trash
- Avondale Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2022
Closed on
Aug 25, 2022
Sold by
Hale Properties Inc
Bought by
Groat Craig and Groat Alaina
Seller's Agent
Charlotte Deal
Fathom Realty NC
Buyer's Agent
Eric Stutts
Oak Pointe Properties LLC
List Price
$315,000
Sold Price
$318,000
Premium/Discount to List
$3,000
0.95%
Total Days on Market
5
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
-$11,319
Avg. Annual Appreciation
-1.30%
Original Mortgage
$302,100
Outstanding Balance
$290,115
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$16,566
Purchase Details
Closed on
Apr 6, 2021
Sold by
Hale Teresa Faison and Hale David Matthew
Bought by
Hale Properties Inc
Purchase Details
Closed on
May 3, 2019
Sold by
Alexander Samantha and Alexander Mikel
Bought by
Hale Teresa Faison and Hale David Matthew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,950
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 14, 2016
Sold by
Bagy Brian
Bought by
Bagby Samantha
Purchase Details
Closed on
Apr 22, 2008
Sold by
Ducar Llc
Bought by
Bagby Brian and Bagby Samantha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,875
Interest Rate
6.08%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 5, 2007
Sold by
Carmody J Stephen
Bought by
Ducar Llc
Purchase Details
Closed on
Aug 31, 2006
Sold by
Prominence Homes Inc
Bought by
Carmody J Stephen
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 |
|---|---|---|---|
| Groat Craig | $318,000 | Shoaf Law Firm Pa | |
| Hale Properties Inc | -- | None Available | |
| Hale Teresa Faison | $161,000 | None Available | |
| Bagby Samantha | -- | None Available | |
| Bagby Brian | $132,500 | None Available | |
| Ducar Llc | -- | None Available | |
| Carmody J Stephen | $151,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Groat Craig | $302,100 | |
| Previous Owner | Hale Teresa Faison | $142,950 | |
| Previous Owner | Bagby Brian | $130,755 | |
| Previous Owner | Bagby Brian | $125,875 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Off Market | $318,000 | -- | -- |
| 08/30/2022 08/30/22 | Sold | $318,000 | +1.0% | $198 / Sq Ft |
| 07/10/2022 07/10/22 | Pending | -- | -- | -- |
| 07/05/2022 07/05/22 | For Sale | $315,000 | -- | $197 / 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 | $2,948 | $308,990 | $80,000 | $228,990 |
| 2023 | $1,881 | $160,165 | $30,000 | $130,165 |
| 2022 | $1,805 | $160,165 | $30,000 | $130,165 |
| 2021 | $1,774 | $160,165 | $30,000 | $130,165 |
| 2020 | $1,774 | $160,165 | $30,000 | $130,165 |
| 2019 | $1,697 | $135,127 | $30,000 | $105,127 |
| 2018 | $1,607 | $135,127 | $30,000 | $105,127 |
| 2017 | $1,554 | $135,127 | $30,000 | $105,127 |
| 2016 | $1,534 | $135,127 | $30,000 | $105,127 |
| 2015 | $1,678 | $146,151 | $36,000 | $110,151 |
| 2014 | -- | $146,151 | $36,000 | $110,151 |
Source: Public Records
Agents Affiliated with this Home
-
Charlotte Deal
Seller's Agent in 2022
Charlotte Deal
Fathom Realty NC
(919) 441-6594
5 in this area
27 Total Sales
-
Eric Stutts
E
Buyer's Agent in 2022
Eric Stutts
Oak Pointe Properties LLC
(919) 961-1868
2 in this area
24 Total Sales
Map
Source: Doorify MLS
MLS Number: 2459835
APN: 1841.19-60-5298-000
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