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1604 Marshall Farm Street

1604 Marshall Farm Street, Wake Forest, NC 27587
House in Heritage
Sold May 01, 2020
$371,500
$330,000 by First Heritage Mortgage Llc
Mortgage Due Feb 01, 2051
Sold Jan 23, 2020
$382,500
1604 Marshall Farm Street has been categorized by the local assessors in Wake Forest, NC as a residential type of property. The building on the property was first built in 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2015. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1604 Marshall Farm Street has 2,737 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 10,890 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 540 sqft. 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 frame control joints. The building has a gable style roof. 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. 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, 1604 Marshall Farm Street was last sold in May 1, 2020 for $371,500. According to our calculations, that's $135.73 per sqft. Prior to that sales transaction, the property was sold for $382,500 in Jan 22, 2020. Current property owners are expected to pay $4,445 in taxes per year. The property on 1604 Marshall Farm Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $397,052. To break that down further, the land itself was valued at $80,000. While improvements to the property were assessed at a total of $317,052. 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. 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.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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 540
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 2,737
  • Building Area: 2,737
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,737
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HERITAGE WAKE FOREST
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO303 HERITAGE WAKE FOREST PH3 SE1 BM2002-01473

Ownership

  • Current Owner : PARKER KYLE
  • Current Owner 2: PARKER REBECCA
  • Previous Owner : OPENDOOR PROPERTY J LLC
  • Owner Before Previous Owner: PALERMO AARON DOMINIC
  • Owner Before Previous Owner 2: PALERMO ELISABETH ROSE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054211

Zoning

  • Zoning: GR5

Geography

  • Assessors Map Reference: BK 2002 PG 1473
  • Account Number: 0304102
  • District: 19
  • Section: 1
  • Subdivision Phase Number: 3
  • Parcel: 1850.03-11-5387 0304102
  • Lot: 303
  • Municipality: WAKE FOREST
  • Latitude: 35.9508
  • Longitude: -78.4879

    Address

  • Full Address: 1604 Marshall Farm St
  • Address - House Number: 1604
  • Address - Street Name: Marshall Farm
  • Address - Suffix Type: St
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R022
  • 4-Digit Zip Code: 4310
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,445

    Appraisal Valuation

  • Standard Deviation: 0.1307
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 614,757
  • High Value: 695,140
  • Low Value: 534,375

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $330,000
  • First Open Lien Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Loan Amount: $330,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $397,052
  • Market Land Value: $80,000
  • Market Improvement Value: $317,052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $397,052
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $317,052

    Sales

  • Current Sale Contract Date: May 01, 2020
  • Current Sale Recording Date: May 01, 2020
  • Current Sale Transaction ID: 11767797288
  • Current Sale Price: $371,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 23, 2020
  • Previous Sale Contract Date: Jan 22, 2020
  • Previous Sale Amount: $382,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Mortgage Transaction Date: May 01, 2020
  • First Mortgage Loan Amount: $331,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

About Heritage



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Frequently Asked Questions

What neighborhood is 1604 Marshall Farm Street located in?
The 1604 Marshall Farm Street is a house located in the neighborhood of Heritage in Heritage, Wake Forest.
What is the average sales price for listings in 1604 Marshall Farm Street?
The average sales price for units in 1604 Marshall Farm Street is $0 currently.

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