NOT LISTED FOR SALE

862 N Franklin St Wake Forest, NC 27587

Estimated Value: $344,000 - $408,000

3 Beds
2 Baths
1,543 Sq Ft
$243/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $375,000 $243 Per Sq Ft

Current estimated payment $2,276/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Covered Patio or Porch
  • Heritage Elementary School Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

As of March 2022

This gorgeous ranch-style 3 bed, 2 bath Wake Forest home is minutes from downtown. It features a split level floor plan, 10 ft vaulted ceilings, nice sized master bedroom with walk-in closet, stone fire pit, all situated on a spacious flat lot. Located in the Flaherty Farms subdivision, this home is one you won't want to miss!

Last Agent to Sell the Property

Ginger Vereen Peters

Keller Williams Legacy License #268611 Listed on: 02/08/2022

Keller Williams Legacy

Last Buyer's Agent

Tina Caul

EXP Realty LLC License #267133

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,565

Year Built

  • Built in 2011

Lot Details

  • 0.35 Acre Lot
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • Ranch Style House
  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,543 Sq Ft Home
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Outdoor Features

  • Covered Patio or Porch

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Flaherty Farms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,565

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2011
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Flaherty Farms
  • Above Grade Finished Sq Ft: 1543.0
  • Architectural Style: Ranch, Transitional
  • 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: 647.0
  • General Property Information Total Unfinished Area2: 647.0
  • General Property Information Lot Size Dimensions: Please see plot map.
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Room Types Living Room2: Yes
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 1543.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 15246.0
  • General Property Information Lot Size Acres: 0.35
  • General Property Information:Living Area3: 1543.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Entrance Foyer, Living/Dining Room Combination, Primary Downstairs, Smooth Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Acres: 0.35
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: Please see plot map.
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2565.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2023
Sold by
Meyerhoeffer Sallie Kate
Bought by
Wagner Carl C
Current Estimated Value
$374,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,010
Outstanding Balance
$328,930
Interest Rate
5.45%
Mortgage Type
New Conventional
Estimated Equity
$45,662

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 23, 2022
Sold by
Joshua French
Bought by
Wagner Cari C and Meyerhoeffer Sallie Kate
Seller's Agent
Ginger Vereen Peters
Keller Williams Legacy
Buyer's Agent
Tina Caul
EXP Realty LLC
List Price
$350,000
Sold Price
$375,000
Premium/Discount to List
$25,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.03%
Original Mortgage
$352,000
Interest Rate
3.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2021
Sold by
French Joshua and French Alan
Bought by
French Joshua Alan and Dagostino Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,500
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2011
Sold by
Cambridge Homes Of Raleigh Llc
Bought by
French Joshua and Dagostino Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,871
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2010
Sold by
Millridge Investments Inc
Bought by
Cambridge Homes Of Raleigh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
4.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wagner Carl C -- Partner Title
Wagner Cari C $375,000 None Listed On Document
French Joshua Alan -- Surety Lender Services Llc
French Joshua $159,000 None Available
Cambridge Homes Of Raleigh Llc $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Carl C $341,010
Previous Owner Wagner Cari C $352,000
Previous Owner French Joshua Alan $158,500
Previous Owner French Joshua $154,871
Previous Owner Cambridge Homes Of Raleigh Llc $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $375,000 -- --
03/23/2022 03/23/22 Sold $375,000 +7.1% $243 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $350,000 -- $227 / 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 $3,918 $403,064 $125,000 $278,064
2024 $3,904 $403,064 $125,000 $278,064
Source: Public Records

Agents Affiliated with this Home

  • Ginger Vereen Peters

    Seller's Agent in 2022

    Ginger Vereen Peters

    Keller Williams Legacy

    (919) 590-0940

    15 in this area

    463 Total Sales

    Ginger Vereen Peters
    Section Image
  • Tina Caul

    Buyer's Agent in 2022

    Tina Caul

    EXP Realty LLC

    (919) 263-7653

    91 in this area

    3,074 Total Sales

    Tina Caul
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2430314

Doorify MLS

APN: 1841.16-94-2594-000

North Carolina Wake County Wake Forest 27587

862 N Franklin St, Wake Forest, NC

Not Listed for Sale

Detached

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