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1508 Highpoint Street

1508 Highpoint Street, Wake Forest, NC 27587
House in Wake
Sold Jul 24, 2020
$500,000
$450,000 by State Employees Cu
Mortgage Due Aug 01, 2050
1508 Highpoint Street in Wake Forest, NC was first built in 2020 and is 4 years old. 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. 1508 Highpoint Street has 3,112 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 6,970 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 378 sqft. 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. 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. 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. The property was last sold in Jul 20, 2020 for $500,000. That's $160.67 per sqft. 1508 Highpoint Street was last assessed in 2022. The total value of the property was assessed at $418,963. Specifically, the land the property is located on was valued at $75,000. While improvements on the property were assessed at a total of $343,963. 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 $4,689. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

Building Features

Condition

New Construction

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 378
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 3,112
  • Building Area: 3,112
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,112
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLDING VILLAGE SOUTH LAKE SUBDIVISION
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO303 HOLDING VILLAGE SOUTH LAKE PH3B BM2018-00140

Ownership

  • Current Owner : GORDON TAMIKA
  • Previous Owner : THE DREES COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054208

Zoning

  • Zoning: UR

Geography

  • Account Number: 0453685
  • District: 19
  • Parcel: 1840.03-34-5299 0453685
  • Lot: 303
  • Municipality: WAKE FOREST
  • Latitude: 35.9589
  • Longitude: -78.5148

    Address

  • Full Address: 1508 Highpoint St
  • Address - House Number: 1508
  • Address - Street Name: Highpoint
  • Address - Suffix Type: St
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R042
  • 4-Digit Zip Code: 6606
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,689

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 664,587
  • High Value: 746,850
  • Low Value: 582,324

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Jul 24, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $450,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $418,963
  • Market Land Value: $75,000
  • Market Improvement Value: $343,963

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $418,963
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $343,963

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Transaction ID: 11779502973
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Jul 24, 2020
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Wake Forest



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Frequently Asked Questions

What neighborhood is 1508 Highpoint Street located in?
The 1508 Highpoint Street is a house located in the neighborhood of Wake in Wake Forest, Wake Forest.
What is the average sales price for listings in 1508 Highpoint Street?
The average sales price for units in 1508 Highpoint Street is $510,000 , or $156/sqft. currently.

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