NOT LISTED FOR SALE

7401 Matherly Dr Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $536,000 - $596,000

3 Beds
4 Baths
2,212 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $557,000 $252 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,216/month

2 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Bonus Room
  • Wake Forest High School Rated A-
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of May 2022

This amazing home offers hardwood floors, carpet, granite countertops, fnew paint and freshly remodeled bathrooms. The large bonus room over the 2 car garage with a 1/2 bath is great for entertaining , and a firepit outback to enjoy during those colder evenings, This wooded lot allows you to have some privacy, feed the deer, enjoy your fishpond or drive 2 miles down the road to food, shopping, and access to U.S. -1. This Ranch home is beautiful inside and out, come take a look at this special find.

Last Agent to Sell the Property

Adam Schroeder

Schroeder Realty Group, LLC License #306752 Listed on: 04/20/2022

Last Buyer's Agent

Justin Burleson

Premier Agents Network License #269900

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,272

Year Built

  • Built in 1989

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 140x280
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Cleared Lot
  • Garden
  • Property is zoned R-<10-HS

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Masonite

Interior Spaces

  • 2,212 Sq Ft Home
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Breakfast Room
  • Bonus Room
  • Sun or Florida Room
  • Utility Room
  • Laundry on main level
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub
  • Shower Only
  • Walk-in Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Forest Pines Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Propane Water Heater
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Matherly Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,272

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1989
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: Matherly
  • Above Grade Finished Sq Ft: 2212.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 140x280
  • General Property Information Association Fee Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Interior Features Dining L: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Room Types Sunroom: Yes
  • Interior Features Room Over Garage: Yes
  • Room Types Mud Room: Yes
  • General Property Information Above Grade Finished Area: 2212.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 40075.2
  • General Property Information Lot Size Acres: 0.92
  • General Property Information:Living Area3: 2212.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Combination, Hardwood, Tile, Wood
  • Interior Amenities: Bathtub Only, Dining L, Entrance Foyer, Granite Counters, Primary Downstairs, Room Over Garage, Shower Only, Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Gas Water Heater, Microwave, Propane Water Heater, Range Hood, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Propane Water Heater: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.92
  • Construction Type: Block, Brick, Masonite
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Garden2: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Masonite: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Block2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener, Workshop in Garage
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Workshop in Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Heat Pump, Propane
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Schools

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

Lot Info

  • Zoning: R-<10-HS
  • Lot Dimensions: 140x280
  • Lot Size Sq Ft: 40075.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2272.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Forest Pines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 26, 2022
Sold by
Jf2 Trust
Bought by
Escudero Miluska and Smith Timothy E
Seller's Agent
Adam Schroeder
Schroeder Realty Group, LLC
Buyer's Agent
Justin Burleson
Premier Agents Network
List Price
$498,000
Sold Price
$557,000
Premium/Discount to List
$59,000
11.85%
Current Estimated Value
$562,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,311
Avg. Annual Appreciation
0.26%
Original Mortgage
$529,150
Outstanding Balance
$502,736
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$59,575

Purchase Details

Closed on
Aug 6, 2013
Sold by
Insinger Felix and Insinger Jetske
Bought by
Insinger Felix and Insinger Jetske
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Escudero Miluska $557,000 Capital City Law
Insinger Felix -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escudero Miluska $529,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $557,000 -- --
05/31/2022 05/31/22 Sold $557,000 +11.8% $252 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $498,000 -- $225 / Sq Ft
Source: Doorify MLS

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
2025 $3,519 $547,099 $110,000 $437,099
2024 $3,417 $547,099 $110,000 $437,099
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Adam Schroeder

    Schroeder Realty Group, LLC

    (919) 412-4955

    1 in this area

    5 Total Sales

    Adam Schroeder
    Section Image
  • Justin Burleson

    Buyer's Agent in 2022

    Justin Burleson

    Premier Agents Network

    (919) 609-5161

    15 in this area

    307 Total Sales

    Justin Burleson
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2445153

Doorify MLS

APN: 1831.01-46-9403-000

North Carolina Wake County Wake Forest 27587 Falls Lake

7401 Matherly Dr, Wake Forest, NC

Not Listed for Sale

Detached

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