NOT LISTED FOR SALE

604 Rayburn Ave Wake Forest, NC 27587

Estimated Value: $465,000 - $507,743

5 Beds
3 Baths
2,751 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $450,000 $164 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,110/month

18 Days on Market

Highlights

  • 0.7 Acre Lot
  • Ranch Style House
  • No HOA
  • Living Room with Fireplace
  • Wood Flooring
  • Brick Veneer

About This Home

As of October 2022

Beautiful 5 Bedroom, 3 Bathroom Wake Forest home on a lovely, secluded lot one street over from Wake Forest Elementary, within a mile from Downtown Wake Forest and Holding Park. Spacious primary bedroom suite with completely renovated bathroom and glass shower. Beautifully updated hard floors, upgraded secondary bathroom, 2015 roof and gutters with 12 year transferable warranty, updated windows in the north wing and glass door in the rear. Septic tank was replaced with new city sewer hookups in 2020. Upgraded double ovens and cook range in the kitchen. 5 sizeable bedrooms and featuring upgraded beadboard walls in north wing bedrooms, and beautifully renovated basement/flex space with office nook, which opens up to a patio and flat yard, and features upgraded fireplaces. A long, screened in porch runs along the back of the home. Paint and fixture updates throughout. Additional storage area in basement, as well as a shed outside. Galley kitchen with spacious eat-in space as well as a dining room which opens directly to the screened in back porch. Mudroom/drop area at side entrance. Dual access to basement.

Last Agent to Sell the Property

Beverly Bowyer

Costello Real Estate & Investm License #279721 Listed on: 08/23/2022

Costello Real Estate & Investm

Last Buyer's Agent

Lori Madden

Allen Tate/Cary License #319560

Allen Tate/Cary

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,212

Year Built

  • Built in 1970

Lot Details

  • 0.7 Acre Lot

Parking

  • Private Driveway

Home Design

  • Ranch Style House
  • Brick Veneer
  • Masonite

Interior Spaces

  • Living Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Wake Forest Elementary And Middle School
  • Wake Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,212

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2276.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 397.0
  • General Property Information Total Unfinished Area2: 397.0
  • General Property Information Lot Size Dimensions: -
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Wood: Yes
  • General Property Information Above Grade Finished Area: 2276.0
  • General Property Information Below Grade Finished Area: 475.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 30492.0
  • General Property Information Lot Size Acres: 0.7
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Luxury Vinyl, Wood
  • Basement: Finished
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 475.0
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Total Bedrooms: 12
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Living Room: Yes
  • Basement Finished: Yes
  • Fireplace Features:Basement: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Acres: 0.7
  • Construction Type: Brick Veneer, Masonite
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt2: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: -
  • Lot Size Sq Ft: 30492.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3212.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Wake Forest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2007
Sold by
Horton Robin R and Horton Mary H
Bought by
Stout Charles L and Stout Elizabeth R
Total Days on Market
18
Current Estimated Value
$493,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,875
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2001
Sold by
Triangle Investors Inc
Bought by
Horton Robin R and Horton Mary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.59%

Purchase Details

Closed on
Nov 23, 2001
Sold by
Newell Robert A and Mcclure James M
Bought by
Triangle Investors Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.59%

Purchase Details

Closed on
Jan 12, 1998
Sold by
Triangle Investors Inc
Bought by
Mcclure James M and Newell Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
10%

Purchase Details

Closed on
Oct 9, 1997
Sold by
Carte David N
Bought by
Triangle Investors
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
Stout Charles L $243,000 None Available
Horton Robin R $160,000 --
Triangle Investors Inc -- --
Mcclure James M -- --
Triangle Investors $39,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tremblay Charles $427,500
Closed Stout Charles L $208,000
Closed Stout Charles L $187,400
Closed Stout Charles L $181,875
Closed Stout Charles L $60,625
Previous Owner Horton Robin R $10,000
Previous Owner Horton Robin Randall $154,500
Previous Owner Horton Robin R $152,000
Previous Owner Mcclure James M $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $450,000 -- --
10/18/2022 10/18/22 Sold $450,000 0.0% $164 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $450,000 -- $164 / 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 $4,231 $438,163 $97,750 $340,413
2023 $3,349 $286,450 $87,400 $199,050
2022 $3,212 $286,450 $87,400 $199,050
2021 $3,157 $286,450 $87,400 $199,050
2020 $3,157 $286,450 $87,400 $199,050
2019 $3,086 $247,115 $87,400 $159,715
2018 $2,922 $247,115 $87,400 $159,715
2017 $2,825 $247,115 $87,400 $159,715
2016 $2,789 $247,115 $87,400 $159,715
2015 $2,716 $237,597 $76,000 $161,597
2014 $2,629 $237,597 $76,000 $161,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2470177

Doorify MLS

APN: 1841.17-20-3056-000