Sold May 21, 2020
$415,000
$394,250
by Movement Mortgage
Mortgage Due Jun 01, 2050
Sold May 13, 2011
$165,000
Buyer
Seller
$160,817
by Corporate Investors Mortgage G
Mortgage Due Jun 01, 2041
1311 Wake Forest Road in Raleigh, NC was first built in 1950 and is 74 years old.
Although, the building on the property was most recently renovated and altered in 2000.
This has been categorized as a residential property type.
For those interested in architecture, the building on the property was built in a conventional style.
It is a single story home.
In terms of bathrooms, there are a total of 2 full bathrooms.
There are 2 partial bathrooms.
1311 Wake Forest Road has 1,284 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.
In total, the area measurement of the land is 7,841 square feet.
Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with nothing. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1311 Wake Forest Road was last sold in May 21, 2020 for $415,000. According to our calculations, that's $323.21 per sqft. Prior to that sales transaction, the property was sold for $165,000 in Apr 27, 2011. Current property owners are expected to pay $4,064 in taxes per year. The property on 1311 Wake Forest Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $399,425. To break that down further, the land itself was valued at $240,000. While improvements to the property were assessed at a total of $159,425. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with nothing. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1311 Wake Forest Road was last sold in May 21, 2020 for $415,000. According to our calculations, that's $323.21 per sqft. Prior to that sales transaction, the property was sold for $165,000 in Apr 27, 2011. Current property owners are expected to pay $4,064 in taxes per year. The property on 1311 Wake Forest Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $399,425. To break that down further, the land itself was valued at $240,000. While improvements to the property were assessed at a total of $159,425. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
Building Info
Overview
Building
Neighborhood
Zoning
Geography
About Central Raleigh
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