NOT LISTED FOR SALE

543 Elm Ave Wake Forest, NC 27587

Estimated Value: $283,000 - $309,000

3 Beds
2.5 Baths
1,565 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $265,000 $169 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,036/month

1 Day on Market

Highlights

  • Transitional Architecture
  • End Unit
  • Screened Porch
  • Wood Flooring
  • High Ceiling
  • 3-minute walk to H.L. Miller Park

About This Home

As of October 2021

I challenge you to find a more "walkable" move-in ready home at this price point in Downtown Wake Forest! This 3 bedroom 2.5 bath end unit townhouse is literally right around the corner from restaurants, quaint shops, a town park, coffee shops, breweries & entertainment including a bowling alley with food & beverages. The main floor with it's 9' ceilings features an open flow kitchen & family room with fireplace, a screened porch & a separate dining space or office. 3 bedrooms & laundry upstairs.

Last Agent to Sell the Property

Mary-Brett Purnell

Allen Tate/Raleigh-Glenwood License #206093 Listed on: 09/01/2021

Allen Tate/Raleigh-Glenwood

Last Buyer's Agent

Jennifer Wheeler

Moxie Real Estate License #238586

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,815

Year Built

  • Built in 2006

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 20x66
  • End Unit
  • Landscaped

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,565 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Dining Room
  • Screened Porch
  • Utility Room
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Parking

  • Parking Lot
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

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
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, maintenance structure, trash
  • Ppm Association, Phone Number (919) 848-4911
  • Avondale Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,815

Year Built

Built in 2006

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Year Built: 2006
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash
  • Subdivision Name: Avondale
  • Above Grade Finished Sq Ft: 1565.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Townhouse
  • General Property Information Above Grade Unfinished Area: 120.0
  • General Property Information Total Unfinished Area2: 120.0
  • General Property Information Lot Size Dimensions: 20x66
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Utilities Cable Available: Yes
  • Security Features Security System: Yes
  • General Property Information Association Phone: 919-848-4911
  • Laundry Features Laundry Closet: Yes
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 1565.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Acres: 0.03
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Pantry, Smooth Ceilings, Soaking Tub, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Blower Fan, Family Room, Gas, Gas Log, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Gas4: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Blower Fan: Yes

Exterior Features

  • Acres: 0.03
  • Common Walls: End Unit
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch, Screened
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Parking Lot
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 125.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 125.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Zoning: UMX
  • Lot Dimensions: 20x66
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 1815.0
  • Tax Year: 2021
  • Tax Map Number: BK 16381 PG 1193

MLS Schools

  • Elementary School: Wake - Wake Forest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 13, 2021
Sold by
Waskey Lara G
Bought by
Sani Farid and Sedighi Soroor
Seller's Agent
Mary-Brett Purnell
Allen Tate/Raleigh-Glenwood
Buyer's Agent
Jennifer Wheeler
Moxie Real Estate
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%
Total Days on Market
1
Current Estimated Value
$298,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,438
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
May 11, 2016
Sold by
Brown Wayne L and Brown Carole W
Bought by
Waskey Lara G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
3.71%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2006
Sold by
Prominence Homes Inc
Bought by
Brown Wayne L and Brown Carole W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,302
Interest Rate
6.67%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Sani Farid $265,000 None Available
Waskey Lara G $150,000 None Available
Brown Wayne L $145,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damon Properties Llc $150,000
Closed Damon Properties Llc $187,500
Previous Owner Waskey Lara G $147,283
Previous Owner Brown Wayne L $118,000
Previous Owner Brown Wayne L $116,302
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $265,000 -- --
10/15/2021 10/15/21 Sold $265,000 +6.0% $169 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $250,000 -- $160 / 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 $2,826 $295,909 $80,000 $215,909
2023 $1,925 $163,930 $30,000 $133,930
2022 $1,847 $163,930 $30,000 $133,930
2021 $1,815 $163,930 $30,000 $133,930
2020 $1,815 $163,930 $30,000 $133,930
2019 $1,739 $138,547 $30,000 $108,547
2018 $1,647 $138,547 $30,000 $108,547
2017 $1,593 $138,547 $30,000 $108,547
2016 $1,572 $138,547 $30,000 $108,547
2015 $1,719 $149,723 $36,000 $113,723
2014 $1,664 $149,723 $36,000 $113,723
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2405350

Doorify MLS

APN: 1841.19-60-6217-000