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1409 Wake Forest Road

1409 Wake Forest Road, Raleigh, NC 27604
House in Mordecai
Sold Apr 15, 2019
$514,000
$410,800 by Strong Home Mortgage Llc
Mortgage Due Nov 01, 2050
Sold Sep 11, 2012
$315,000
$299,250 by Primary Residential Mortgage I
Mortgage Due Oct 01, 2042
1409 Wake Forest Road in Raleigh, NC was first built in 1930 and is 94 years old. Although, the building on the property was most recently renovated and altered in 2006. 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. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1409 Wake Forest Road has 1,844 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 6,098 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 fair. 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 gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1409 Wake Forest Road was last sold in Apr 9, 2019 for $514,000. According to our calculations, that's $278.74 per sqft. Prior to that sales transaction, the property was sold for $315,000 in Sep 7, 2012. Current property owners are expected to pay $4,685 in taxes per year. The property on 1409 Wake Forest Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $460,779. To break that down further, the land itself was valued at $240,000. While improvements to the property were assessed at a total of $220,779. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

    General

  • Year Built: 1930
  • Effective Year Built: 2006
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Construction Type: Frame
  • Building Style: Conventional
  • 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: 6,098
  • Total Building Area: 1,844
  • Building Area: 1,844
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,844
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MORDECAI PLACE SUBDIVISION
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO126 MORDECAI PLACE BM1920-00110

Ownership

  • Current Owner : WIGGS BOBBY R
  • Current Owner 2: WIGGS MARY L
  • Previous Owner : HOLLAND JOHN ELIJAH MEADE
  • Previous Owner 2: HOLLAND LINDSAY PAIGE
  • Owner Before Previous Owner: MAGINNIS EDWARD HALLETT
  • Owner Before Previous Owner 2: MAGINNIS DIANE KATHRYN
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050400

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0031463
  • District: 01
  • Parcel: 1714.09-05-0683 0031463
  • Lot: 126
  • Municipality: RALEIGH
  • Latitude: 35.7981
  • Longitude: -78.6288

    Address

  • Full Address: 1409 Wake Forest Rd
  • Address - House Number: 1409
  • Address - Street Name: Wake Forest
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C046
  • 4-Digit Zip Code: 1328
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,685

    Appraisal Valuation

  • Standard Deviation: 0.133
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 84
  • Final Value: 744,812
  • High Value: 843,935
  • Low Value: 645,689

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $580,800
  • First Open Lien Mortgage Lender: STRONG HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 23, 2020
  • First Open Lien Mortgage Loan Amount: $410,800
  • 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: Nov 01, 2050
  • Second Open Lien Mortgage Lender: COASTAL FCU
  • Second Open Lien Mortgage Recording Date: Sep 24, 2021
  • Second Open Lien Mortgage Loan Amount: $170,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Oct 07, 2041

    Market Valuation

  • Market Total Value: $460,779
  • Market Land Value: $240,000
  • Market Improvement Value: $220,779

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $460,779
  • Assessed Land Value: $240,000
  • Assessed Improvements Value: $220,779

    Sales

  • Current Sale Contract Date: Apr 09, 2019
  • Current Sale Recording Date: Apr 15, 2019
  • Current Sale Transaction ID: 11598357009
  • Current Sale Price: $514,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 11, 2012
  • Previous Sale Contract Date: Sep 07, 2012
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL BANK OF KANSAS CITY
  • First Mortgage Transaction Date: Apr 15, 2019
  • First Mortgage Loan Amount: $411,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • Previous Mortgage Transaction Date: Sep 11, 2012
  • Previous Mortgage Loan Amount: $299,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2042

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Frequently Asked Questions

What neighborhood is 1409 Wake Forest Road located in?
The 1409 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 1409 Wake Forest Road?
The average sales price for units in 1409 Wake Forest Road is $0 currently.

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