See Home Value
Wake Forest 27587 Heritage
1201 Groves Field Lane
$493,799*
House - Off Market

1201 Groves Field Lane

Wake Forest, NC 27587
bedrooms
Studio
bathrooms
3 Baths
square feet
2739 Sqft
$441,000 - $539,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model
Sold Jun 09, 2023
$470,000
Sold Jun 30, 2003
$289,000
$200,000 by Rbc Centura Bank
Mortgage Due Jul 01, 2033

About This Property

Rare opportunity to purchase in one of Heritage's most desirable enclaves for under $500k. Two minutes from the golf course and Country Club. Over $30k invested in a new ROOF and new interior PAINT throughout. This home sits on a cul de sac and has a private view of the Woods that borders the Heritage Golf Club. The first-level primary bedroom features a private entrance to the Deck, a bath with a steam/shower, a sauna, and a walk-in closet. An open-concept dining/family room with a gas fireplace, an eat-in kitchen with access to a screen porch connect to the Deck. The second level features a bonus hallway with a bedroom, a recreational/bedroom WIC, and a full bath. The floored attic storage is a remarkable space. In the crawl space, you can stand and that has a partial concrete base, great storage! Enjoy minimal maintenance living while the HOA handles your lawn care and exterior paint. The Heritage community offers residents various community-wide amenities, including playgrounds, •greenway trails, •bike paths, •town soccer park! Additionally, Heritage memberships are available: Golf Club, Swim and Tennis Club.

The manager has listed the unit size as 2739 square feet.
Unit Size
2,739Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$179
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
2003

Price History

Date / Event Date Event Price
Jun 9, 2023 Sold to Hollis Borges, Ronald Borges $470,000
Sold to Hollis Borges, Ronald Borges
May 18, 2023 No longer available -
No longer available
Apr 27, 2023 Relisted $500,000
Relisted
Apr 27, 2023 Price Decreased $490,000
↓ $10K (2%)
Price Decreased
Apr 14, 2023 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 2,505
  • Building Area: 2,505
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,505
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HERITAGE W F
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO214 HERITAGE W/F PH1 SC13-A BM2001-01519

Ownership

  • Current Owner : BORGES RONALD
  • Current Owner 2: BORGES HOLLIS
  • Previous Owner : GROSS GERALD
  • Previous Owner 2: GROSS JANE
  • Owner Before Previous Owner: AMMONS BUILDING CORP
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054222

Zoning

  • Zoning: GR5

Geography

  • Account Number: 0289025
  • District: 19
  • Subdivision Phase Number: 1
  • Parcel: 1840.04-82-7701 0289025
  • Lot: 214
  • Municipality: WAKE FOREST
  • Latitude: 35.9545
  • Longitude: -78.4975

    Address

  • Full Address: 1201 Groves Field Ln
  • Address - House Number: 1201
  • Address - Street Name: Groves Field
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R022
  • 4-Digit Zip Code: 4243
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,216

    Appraisal Valuation

  • Standard Deviation: 0.0675
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 96
  • Final Value: 479,377
  • High Value: 511,740
  • Low Value: 447,013

    Market Valuation

  • Market Total Value: $376,536
  • Market Land Value: $80,000
  • Market Improvement Value: $296,536

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $376,536
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $296,536

    Sales

  • Current Sale Contract Date: Jun 05, 2023
  • Current Sale Recording Date: Jun 09, 2023
  • Current Sale Transaction ID: 11907991886
  • Current Sale Price: $470,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 30, 2003
  • Previous Sale Contract Date: Apr 28, 2003
  • Previous Sale Amount: $289,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: RBC CENTURA BANK
  • Previous Mortgage Transaction Date: Jun 30, 2003
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2033



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
3.5 Baths
2,234 ft²
$217/ft²
$485,000 Mar 17, 2023
-
$298/mo
Townhouse
3 Beds
2.5 Baths
2,286 ft²
$173/ft²
$394,900 Apr 14, 2023
-
$240/mo
Townhouse
3 Beds
2.5 Baths
2,268 ft²
$176/ft²
$399,900 Mar 9, 2023
-
$260/mo

About Heritage


Similar Homes for Sale

Unit for sale at 513 Old Dairy Drive, Wake Forest, NC 27587

$485,000

  • Loft
  • 3.5 Baths
  • 2,234 ft²
513 Old Dairy Drive, Wake Forest, NC 27587 Listing by Rafael Rodriguez

Nearby Rentals

Unit for rent at 980 Gateway Commons Circle, Wake Forest, NC, 27587

$2,300 /mo

  • 3 Beds
  • 3.5 Baths
  • 2,200 ft²
980 Gateway Commons Circle, Wake Forest, NC, 27587 Listing by Darcy Piscitelli
Unit for rent at 2337 Longmont Drive, Wake Forest, NC, 27587

$2,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,500 ft²
2337 Longmont Drive, Wake Forest, NC, 27587 Listing by Mamta Malkan
Unit for rent at 1012, Wake Forest, NC, 27587

$2,395 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,420 ft²
1012, Wake Forest, NC, 27587 Listing by Darcy Piscitelli


Frequently Asked Questions

When was property at 1201 Groves Field Lane built and last sold?
The property at 1201 Groves Field Lane was built in 2003 and last sold on Jun 5, 2023 for $470,000.
How much is this home worth?
The estimated value of the home located at 1201 Groves Field Lane is $548,109.
What are some comparable homes to 1201 Groves Field Lane?
Homes that are comparable to 1201 Groves Field Lane include a other property at 513 Old Dairy Drive, a townhouse property at 1241 Fairview Club Drive, 3840 Wild Meadow Lane.

Quantcast