806 Wait Ave Wake Forest, NC 27587
Estimated Value: $336,000 - $385,236
3
Beds
2
Baths
1,728
Sq Ft
$206/Sq Ft
Est. Value
Highlights
- 0.42 Acre Lot
- Ranch Style House
- Corner Lot
- Richland Creek Elementary School Rated A-
- Wood Flooring
- No HOA
About This Home
As of December 2023A rare opportunity just minutes from downtown Wake Forest! This all brick ranch built in 1962 has been lovingly maintained by original owners. The family room features a distinctive floor-to-ceiling brick fireplace creating a cozy focal point. Layout provides a desirable open flow but can conveniently be closed off when needed! Inside, you'll find three bedrooms, two bathrooms as well as separate living and dining rooms. No carpets in this home! Roof just replaced! The lot is a generous .42 acres showcasing mature hardwoods, shrubs, and several beds for the gardening enthusiast. The home is conveniently located within a mile's walk to local amenities, shops, restaurants and all that Wake Forest has to offer! This house offers a great opportunity! No HOA! Home is being sold As-Is. Seller will make no repairs.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,505
Year Built
- Built in 1962
Lot Details
- 0.42 Acre Lot
- Corner Lot
- Landscaped with Trees
Parking
- 1 Car Garage
- Private Driveway
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- 1,728 Sq Ft Home
- Ceiling Fan
- Skylights
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Dining Room
- Utility Room
- Crawl Space
- Pull Down Stairs to Attic
Kitchen
- Electric Cooktop
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry in Garage
- Dryer
- Washer
Outdoor Features
- Covered patio or porch
Schools
- Richland Creek Elementary School
- Wake Forest Middle School
- Wake Forest High School
Utilities
- Central Air
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- No Home Owners Association
- Cardinal Hills Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2023
Closed on
Dec 7, 2023
Sold by
Hood Olga Mclean and Hood Alton Lee
Bought by
Arntz Hanna
Seller's Agent
Beth Creaghan
EXP Realty LLC
Buyer's Agent
Betsy Walls
Coldwell Banker HPW
List Price
$349,500
Sold Price
$349,500
Total Days on Market
36
Views
120
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,809
Avg. Annual Appreciation
1.30%
Original Mortgage
$314,500
Outstanding Balance
$308,261
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$48,048
Similar Homes in Wake Forest, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arntz Hanna | $349,500 | Tryon Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arntz Hanna | $314,500 | |
| Closed | Arntz Hanna | $314,500 | |
| Previous Owner | Hood Alton Lee | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2023 12/11/23 | Sold | $349,500 | 0.0% | $202 / Sq Ft |
| 11/04/2023 11/04/23 | Pending | -- | -- | -- |
| 11/02/2023 11/02/23 | For Sale | $349,500 | 0.0% | $202 / Sq Ft |
| 10/02/2023 10/02/23 | Pending | -- | -- | -- |
| 09/29/2023 09/29/23 | For Sale | $349,500 | -- | $202 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $2,934 | $299,222 | $100,000 | $199,222 |
| 2023 | $2,505 | $213,868 | $55,000 | $158,868 |
| 2022 | $2,404 | $213,868 | $55,000 | $158,868 |
| 2021 | $2,362 | $213,868 | $55,000 | $158,868 |
| 2020 | $2,362 | $213,868 | $55,000 | $158,868 |
| 2019 | $2,020 | $161,185 | $40,000 | $121,185 |
| 2018 | $1,913 | $161,185 | $40,000 | $121,185 |
| 2017 | $1,849 | $161,185 | $40,000 | $121,185 |
| 2016 | $1,826 | $161,185 | $40,000 | $121,185 |
| 2015 | $1,964 | $171,389 | $50,000 | $121,389 |
| 2014 | $1,902 | $171,389 | $50,000 | $121,389 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Creaghan
Seller's Agent in 2023
Beth Creaghan
EXP Realty LLC
(336) 213-7625
4 in this area
46 Total Sales
-
Betsy Walls
Buyer's Agent in 2023
Betsy Walls
Coldwell Banker HPW
(919) 521-3812
15 in this area
56 Total Sales
Map
Source: Doorify MLS
MLS Number: 2534637
APN: 1840.08-89-1997-000
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