NOT LISTED FOR SALE

755 Wait Ave Wake Forest, NC 27587

Estimated Value: $287,000 - $372,000

3 Beds
1.5 Baths
1,461 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $325,000 $222 Per Sq Ft

Current estimated payment $2,042/month

2 Days on Market

Highlights

  • 0.75 Acre Lot
  • Ranch Style House
  • Corner Lot
  • Richland Creek Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of September 2023

SALE PENDING RECEIPT OF DUE DILIGENCE monies. What a rare find in downtown Wake Forest! Original 3 bedroom 2 bathroom brick ranch. Two deeded lots (3&4) combine for three quarters of an acre! Original owner lovingly took care of the home. Newer water heater, and very well maintained. Just minutes to downtown Wake Forest! Family Room has floor to ceiling brick fireplace and built in shelving. Formal Dining Room or Sunroom to make your own. Eat in kitchen with breakfast nook. Large flat yard, with patio, storage shed, and rear entrance to 1 car attached garage. Sold AS IS.

Last Agent to Sell the Property

Mandy Moultrie

Berkshire Hathaway HomeService License #342120 Listed on: 08/22/2023

Berkshire Hathaway HomeService

Last Buyer's Agent

Marta Guzman

Choice Residential Real Estate License #329420

Choice Residential Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,887

Year Built

  • Built in 1954

Lot Details

  • 0.75 Acre Lot
  • Corner Lot
  • Open Lot
  • Property is zoned GR3

Parking

  • 1 Car Garage
  • Private Driveway

Home Design

  • Ranch Style House
  • Brick Veneer
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 1,461 Sq Ft Home
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Storage
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Laundry in Garage

Outdoor Features

  • Patio
  • Porch

Schools

  • Richland Creek Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Brewer Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,887

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1954
  • Prop. Type: Residential
  • Subdivision Name: Brewer
  • Above Grade Finished Sq Ft: 1461.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 747.0
  • General Property Information Total Unfinished Area2: 747.0
  • General Property Information Lot Size Dimensions: See tax records
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Foundation Details BrickMortar: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Above Grade Finished Area: 1461.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 32670.0
  • General Property Information Lot Size Acres: 0.75
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Interior Amenities: Entrance Foyer, Storage
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.75
  • Construction Type: Brick, Brick Veneer, Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Patio, Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick Veneer: Yes
  • Lot Features:Open Lot: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: 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
  • Laundry Features:In Garage: Yes

Utilities

  • Heating: Floor Furnace, Gas Pack, Heat Pump, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Floor Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Zoning: GR3
  • Lot Dimensions: See tax records
  • Lot Size Sq Ft: 32670.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1887.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Sep 27, 2023
Sold by
Marshall Bobby L
Bought by
Tolentino Lucas Marcelo and Hernandez Madariaga Reyna
Seller's Agent
Mandy Moultrie
Berkshire Hathaway HomeService
Buyer's Agent
Marta Guzman
Choice Residential Real Estate
List Price
$300,000
Sold Price
$325,000
Premium/Discount to List
$25,000
8.33%
Total Days on Market
2
Views
49
Current Estimated Value
$326,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,081
Avg. Annual Appreciation
0.20%
Original Mortgage
$250,250
Outstanding Balance
$246,435
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$79,646
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
Tolentino Lucas Marcelo $325,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolentino Lucas Marcelo $250,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $325,000 +8.3% $222 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $300,000 -- $205 / 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 $2,628 $266,468 $110,000 $156,468
2023 $1,887 $160,662 $38,000 $122,662
2022 $1,811 $160,662 $38,000 $122,662
2021 $1,779 $160,662 $38,000 $122,662
2020 $1,779 $160,662 $38,000 $122,662
2019 $1,543 $122,778 $30,000 $92,778
2018 $1,462 $122,778 $30,000 $92,778
2017 $1,414 $122,778 $30,000 $92,778
2016 $1,396 $122,778 $30,000 $92,778
2015 $1,420 $123,407 $30,000 $93,407
2014 $1,375 $123,407 $30,000 $93,407
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2528311

Doorify MLS

APN: 1841.20-80-2262-000