NOT LISTED FOR SALE

558 Derby Ln Wake Forest, NC 27587

Estimated Value: $253,000 - $319,301

3 Beds
2 Baths
1,215 Sq Ft
$227/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $255,000 $210 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,609/month

1 Day on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Cooling Available
  • 2 Car Garage
  • Walk-In Closet
  • Ceiling Fan

About This Home

As of September 2024

Spacious ranch-style home with endless possibilities. With 3 bedrooms and 2 bathrooms, this 1,215 square foot home is perfect for any buyer looking for space, privacy, and convenience. This property is ideal for investors and those looking for room to grow and some renovations. Nestled on a private wooded lot, you can enjoy the tranquil surroundings and escape the hustle and bustle of the city, yet still be close to all the area amenities and shopping.

One of the many highlights of this home is the large 1.14 acre lot. Whether you have a green thumb or dream of building a spacious outdoor oasis, the possibilities are endless. Imagine hosting barbecues on the patio, watching the kids play in the yard, or simply relaxing in the shade under the trees. The choice is yours.
This home is perfect for those who are looking for a project and have an eye for design. In need of repairs, this home is a blank canvas, waiting for your personal touch and updates to bring it to its full potential. Being sold AS IS-Cash Deals Only!Offer Deadline-Saturday 9/7/24 at 11:00 am.

Last Agent to Sell the Property

Scott Hoffman

Keller Williams Legacy License #171366 Listed on: 09/06/2024

Keller Williams Legacy

Last Buyer's Agent

Jo Smith

Northside Realty Inc. License #251825

Northside Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,985

Year Built

  • Built in 1995

Lot Details

  • 1.14 Acre Lot
  • Property is zoned FCO R-30

Parking

  • 2 Car Garage
  • 1 Open Parking Space

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,215 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Basement
  • Crawl Space
  • Laundry in Hall

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Young Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 026993

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,985

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1995
  • Prop. Type: Residential
  • Horses: No
  • Subdivision Name: Young Forest
  • Above Grade Finished Sq Ft: 1215.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Levels One: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • General Property Information Senior Community YN: No
  • Laundry Features In Hall: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • Roof:Shingle: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 1215.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 49658.4
  • General Property Information Lot Size Acres: 1.14
  • General Property Information Stories2: 1
  • General Property Information Waterfront YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Pantry, Walk-In Closet(s)
  • Basement: Crawl Space
  • Private Spa: No
  • Appliances: Dishwasher
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Wood Burning
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.14
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: See Remarks
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 1.0
  • Parking Features:Detached: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Other
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • 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

  • Zoning: FCO R-30
  • Lot Size Sq Ft: 49658.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 026993
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1985.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Franklin - Youngsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Sep 24, 2024
Sold by
Lee Arnold Stephen
Bought by
Moore Charles Richard and Moore Lavonne M
Seller's Agent
Scott Hoffman
Keller Williams Legacy
Buyer's Agent
Jo Smith
Northside Realty Inc.
List Price
$200,000
Sold Price
$255,000
Premium/Discount to List
$55,000
27.5%
Views
45
Current Estimated Value
$275,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,325
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Apr 28, 1995
Bought by
Arnold Stephen L and Arnold Patricia K
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
Moore Charles Richard $255,000 None Listed On Document
Arnold Stephen L $101,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $255,000 +27.5% $210 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $200,000 -- $165 / 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 $1,985 $316,140 $115,200 $200,940
2023 $1,559 $164,220 $40,250 $123,970
2022 $1,549 $164,220 $40,250 $123,970
2021 $1,556 $164,220 $40,250 $123,970
2020 $1,565 $164,220 $40,250 $123,970
2019 $1,555 $164,220 $40,250 $123,970
2018 $1,542 $164,220 $40,250 $123,970
2017 $1,321 $126,980 $35,000 $91,980
2016 $1,365 $126,980 $35,000 $91,980
2015 $1,366 $126,980 $35,000 $91,980
2014 $1,274 $126,980 $35,000 $91,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10051005

Doorify MLS

APN: 026993