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1314 Wake Forest Road

1314 Wake Forest Road, Raleigh, NC 27604
House in Mordecai
Sold Mar 03, 2020
$460,000
$430,000 by Coastal Fcu
Mortgage Due Apr 01, 2050
Sold Feb 28, 2014
$290,500
$275,975 by Coastal Bank & Trust
Mortgage Due Mar 01, 2044
1314 Wake Forest Road has been categorized by the local assessors in Raleigh, NC as a residential type of property. The building on the property was first built in 1938 and is 86 years old. However, we must point out that the home was most recently renovated and altered in 1993. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1314 Wake Forest Road has 1,521 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,485 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a gable style roof. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Mar 2, 2020 for $460,000. That's $302.43 per sqft. Prior to that sales transaction, the property was also sold in Feb 28, 2014 for $290,500. 1314 Wake Forest Road was last assessed in 2022. The total value of the property was assessed at $356,979. Specifically, the land the property is located on was valued at $212,500. While improvements on the property were assessed at a total of $144,479. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,634. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1993
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 1,521
  • Building Area: 1,521
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,521
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: L H CLIFTON PROP
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOA PROP OF L N CLIFTON BM1987-02133

Ownership

  • Current Owner : JONES MICHAEL FLYNN
  • Current Owner 2: HAUFLER ALLISON TAYLOR
  • Previous Owner : BIRON SARA DEVANEY
  • Previous Owner 2: BIRON MICHAEL JUSTIN
  • Owner Before Previous Owner: AITKEN SEAN F
  • Owner Before Previous Owner 2: AITKEN KATHLEEN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050500

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0168494
  • District: 01
  • Parcel: 1704.12-95-8145 0168494
  • Lot: A
  • Municipality: RALEIGH
  • Latitude: 35.7969
  • Longitude: -78.6296

    Address

  • Full Address: 1314 Wake Forest Rd
  • Address - House Number: 1314
  • Address - Street Name: Wake Forest
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C046
  • 4-Digit Zip Code: 1327
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,634

    Appraisal Valuation

  • Standard Deviation: 0.1322
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 609,230
  • High Value: 689,800
  • Low Value: 528,659

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $430,000
  • First Open Lien Mortgage Lender: COASTAL FCU
  • First Open Lien Mortgage Recording Date: Mar 03, 2020
  • First Open Lien Mortgage Loan Amount: $430,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $356,979
  • Market Land Value: $212,500
  • Market Improvement Value: $144,479

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $356,979
  • Assessed Land Value: $212,500
  • Assessed Improvements Value: $144,479

    Sales

  • Current Sale Contract Date: Mar 02, 2020
  • Current Sale Recording Date: Mar 03, 2020
  • Current Sale Transaction ID: 11749312591
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 28, 2014
  • Previous Sale Contract Date: Feb 28, 2014
  • Previous Sale Amount: $290,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COASTAL FCU
  • First Mortgage Transaction Date: Mar 03, 2020
  • First Mortgage Loan Amount: $430,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: COASTAL BANK & TRUST
  • Previous Mortgage Transaction Date: Feb 28, 2014
  • Previous Mortgage Loan Amount: $275,975
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2044

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Frequently Asked Questions

What neighborhood is 1314 Wake Forest Road located in?
The 1314 Wake Forest Road is a house located in the neighborhood of Mordecai in Central Raleigh, Raleigh.
What is the average sales price for listings in 1314 Wake Forest Road?
The average sales price for units in 1314 Wake Forest Road is $0 currently.

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