NOT LISTED FOR SALE

554 Derby Ln Wake Forest, NC 27587

Estimated Value: $292,000 - $354,750

3 Beds
2 Baths
1,247 Sq Ft
$257/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $335,000 $269 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,855/month

24 Days on Market

Highlights

  • Wooded Lot
  • Cathedral Ceiling
  • No HOA
  • Ranch Style House
  • Wood Flooring
  • Screened Porch

About This Home

As of May 2023

LOCATION ALERT!!! Main floor living close to both downtown Wake Forest and downtown Youngsville! Have all that neighborhood living offers with the privacy and shade of 1.25 acres of wooded surroundings! An amazing screened porch to enjoy the backyard and a great area for your pups to enjoy being outside as well! Major upgrades already completed for you, including new smooth ceilings, new paint throughout, the hardwoods have been refinished, and the vinyl is new throughout as well! Close to Flaherty park (including Pickleball) and various walking trails. A RARE opportunity - schedule a showing today!

Last Agent to Sell the Property

Valerie Deloach

Keller Williams Elite Realty License #287353 Listed on: 03/16/2023

Keller Williams Elite Realty

Co-Listed By

Joe DeLoach

Keller Williams Elite Realty License #301969

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,461

Year Built

  • Built in 1995

Lot Details

  • 1.25 Acre Lot
  • Cul-De-Sac
  • Wooded Lot

Parking

  • 1 Car Garage
  • Private Driveway

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,247 Sq Ft Home
  • Smooth Ceilings
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Propane Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Screened Porch
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry in Hall
  • Laundry on main level

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Young Forest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,461

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1995
  • Prop. Type: Residential
  • Co List Office Mls Id: 81441
  • Subdivision Name: Young Forest
  • Above Grade Finished Sq Ft: 1247.0
  • Architectural Style: Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: Plat attached in docs
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Laundry Features Laundry Closet: Yes
  • Laundry Features In Hall: Yes
  • General Property Information Above Grade Finished Area: 1247.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 54537.12
  • General Property Information Lot Size Acres: 1.252
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Cathedral Ceiling(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Primary Downstairs, Smooth Ceilings, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log, Propane
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Propane: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Electric Cooktop: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 1.25
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Cul-De-Sac: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: Plat attached in docs
  • Lot Size Sq Ft: 54537.12
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1461.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Franklin - Youngsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 16, 2023
Sold by
Lawrence Sarah Hill
Bought by
Belasko Mauri and Segura Brenda Vergara
Seller's Agent
Valerie Deloach
Keller Williams Elite Realty
Buyer's Agent
Non Member
Non Member Office
List Price
$345,000
Sold Price
$335,000
Premium/Discount to List
-$10,000
-2.9%
Views
172
Current Estimated Value
$320,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,062
Avg. Annual Appreciation
-1.75%
Original Mortgage
$325,986
Outstanding Balance
$316,738
Interest Rate
6.28%
Mortgage Type
FHA
Estimated Equity
$4,200

Purchase Details

Closed on
Jul 1, 2010
Sold by
Lawrence Ralph Edward
Bought by
Lawrence Sarah Hill

Purchase Details

Closed on
Feb 28, 2001
Bought by
Lawrence Ralph Edward and Lawrence Arah H
Source: Public Records

Range of Values:

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Average Value
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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
Belasko Mauri $335,000 None Listed On Document
Lawrence Sarah Hill -- None Available
Lawrence Ralph Edward $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belasko Mauri $325,986
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $335,000 -- --
05/23/2023 05/23/23 Sold $335,000 -2.9% $269 / Sq Ft
04/09/2023 04/09/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $345,000 -- $277 / 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 $2,065 $329,560 $115,200 $214,360
2023 $1,471 $154,490 $40,250 $114,240
2022 $1,461 $154,490 $40,250 $114,240
2021 $1,467 $154,490 $40,250 $114,240
2020 $1,476 $154,490 $40,250 $114,240
2019 $1,466 $154,490 $40,250 $114,240
2018 $1,453 $154,490 $40,250 $114,240
2017 $1,298 $124,880 $35,000 $89,880
2016 $1,341 $124,880 $35,000 $89,880
2015 $1,341 $124,880 $35,000 $89,880
2014 $1,251 $124,880 $35,000 $89,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2499914

Doorify MLS

APN: 026994