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Wake 27587 Clear Springs
1601 Farm Hill Court
$644,000
House - For Sale

1601 Farm Hill Court

Wake Forest, NC 27587
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
2706 Sqft
$3,367
Estimated Monthly
$0
HOA / Fees
3.16%
Cap Rate

About This Property

Beautiful, well-maintained home with 3.56 acre cul-de-sac lot! Established subdivision in Wake Forest with no HOA! 3 bedrooms/2.5 bathrooms.  Updated kitchen with granite countertops, tile backsplash, stainless steel appliances. Refrigerator conveys. Large living room with fireplace/gas logs. Formal Dining Room can be used as office. Huge first floor Family/Rec Room can have multiple uses such as game room, theatre/media room, or home gym! It connects to mud room with sink. Upstairs has 3 bedrooms plus spacious Bonus Room.  Primary bathroom has been remodeled. Updated all bathrooms with new fixtures and flooring.  Rear covered porch could easily be screened in.  Private 3.56 acre property with plenty of room to store your boat, RV or camper; 50 AMP wall outlet on back exterior of home. Shed and brick firepit area in back yard. Two established fruit trees (pear trees) and one small fig tree. Fenced-in play area adjacent to home off Mud Room.  Lots of land to build a garage, pool, etc. Taxes paid to Wake County but not for town of Wake Forest. Feel of country living but convenient location just five minutes to Heritage and Gateway Commons for shopping, restaurants, and schools. A rare find! Serious buyers welcomed!

The manager has listed the unit size as 2706 square feet.
Unit Size
2,706Ft²
Days on Market
21 days
Land Size
3.56 acres
Price per sqft
$238
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1991
Listed By
Last updated: 5 days ago (TRIANGLE #10022074)

Price History

Date / Event Date Event Price
Apr 10, 2024 Listed by eXp Realty, LLC $644,000
Listed by eXp Realty, LLC

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Masonite

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 155,074
  • Total Building Area: 3,022
  • Building Area: 3,022
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,022
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: CLEARSPRINGS SUB
  • Land Acres: 3.56
  • Legal Description 1: LO14 CLEARSPRINGS SUB SC1 BM1998-00476

Ownership

  • Current Owner : HAFEZI FARAMARZ
  • Current Owner 2: HAFEZI DARLING
  • Previous Owner : DAVIS TROY A
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054222

Zoning

  • Zoning: R-30

Geography

  • Account Number: 0164563
  • District: 19
  • Parcel: 1850.03-20-6361 0164563
  • Lot: 14
  • Municipality: WAKE FOREST
  • Latitude: 35.9477
  • Longitude: -78.4839

    Address

  • Full Address: 1601 Farm Hill Ct
  • Address - House Number: 1601
  • Address - Street Name: Farm Hill
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R035
  • 4-Digit Zip Code: 6405
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,458

    Appraisal Valuation

  • Standard Deviation: 0.1176
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 87
  • Final Value: 540,234
  • High Value: 603,813
  • Low Value: 476,655

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Aug 02, 2023
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Market Valuation

  • Market Total Value: $312,674
  • Market Land Value: $75,400
  • Market Improvement Value: $237,274

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,674
  • Assessed Land Value: $75,400
  • Assessed Improvements Value: $237,274

    Sales

  • Current Sale Contract Date: Sep 29, 1999
  • Current Sale Recording Date: Sep 30, 1999
  • Current Sale Transaction ID: 1130966356
  • Current Sale Price: $205,000
  • Current Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: FM LENDING SERVICES INC
  • First Mortgage Transaction Date: Sep 30, 1999
  • First Mortgage Loan Amount: $174,165
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2029

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
2,870 ft²
$226/ft²
$649,900 Apr 4, 2024
-
$772/mo
House
3 Beds
2.5 Baths
2,918 ft²
$206/ft²
$600,000 Mar 14, 2024
-
$795/mo
House
3 Beds
2.5 Baths
2,753 ft²
$243/ft²
$669,500 Apr 2, 2024
-
$825/mo
House
3 Beds
2.5 Baths
2,926 ft²
$220/ft²
$645,000 Mar 1, 2024
-
$796/mo
House
3 Beds
2.5 Baths
2,528 ft²
$218/ft²
$550,000 Mar 4, 2024
-
$449/mo
House
3 Beds
2.5 Baths
2,304 ft²
$243/ft²
$559,000 Mar 8, 2024
-
$820/mo
House
3 Beds
2 Baths
2,093 ft²
$272/ft²
$570,000 Apr 4, 2024
-
$799/mo
In Contract
House
4 Beds
3.5 Baths
2,600 ft²
$260/ft²
$675,000 Mar 6, 2024
-
$865/mo
House
4 Beds
2.5 Baths
2,605 ft²
$228/ft²
$595,000 Mar 21, 2024
-
$742/mo
House
4 Beds
3 Baths
2,816 ft²
$234/ft²
$659,900 Mar 28, 2024
-
$775/mo
House
4 Beds
3 Baths
2,875 ft²
$190/ft²
$544,900 Apr 12, 2024
-
$894/mo
House
5 Beds
3 Baths
3,880 ft²
$187/ft²
$725,000 Apr 11, 2024
-
$559/mo

About Clear Springs


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Frequently Asked Questions

When was property at 1601 Farm Hill Court built and last sold?
The property at 1601 Farm Hill Court was built in 1991 and last sold on Sep 29, 1999 for $205,000.
How much is this home worth?
The estimated value of the home located at 1601 Farm Hill Court is $650,440.
What are some comparable homes to 1601 Farm Hill Court?
Homes that are comparable to 1601 Farm Hill Court include a house property at 4014 Peeler Court, 1525 Gracie Girl Way, 112 Friesan Way.

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