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208 West Chestnut Avenue

208 West Chestnut Avenue, Wake Forest, NC 27587
House in Wake
Sold Feb 07, 2020
$135,000
$128,250 by The Federal Savings Bank
Mortgage Due Mar 01, 2050
Sold Apr 18, 2008
$165,000
$165,000 by Crescent State Bank
Mortgage
Local assessors in Wake Forest, NC have categorized 208 West Chestnut Avenue as a residential type of property. The home was built in 1960 and is 64 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 9,583 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 208 West Chestnut Avenue has a total of 837 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. The building has a gable style roof. Lots of concrete block were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 208 West Chestnut Avenue sold most recently in Jan 27, 2020 for a total of $135,000. If you work out the math, that's approximately a cost of $161.29 per sqft. Before that, the property was also sold for $165,000 in Apr 18, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,359 in taxes each year. 208 West Chestnut Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $120,135. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $80,135. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2000
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Construction Type: Concrete block
  • Building Style: Conventional
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 837
  • Building Area: 837
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 837
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TIM KEITH
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1 TIM KEITH BM2001-00399

Ownership

  • Current Owner : HERNANDEZ EVLYN YOSHIRA PADILLA
  • Previous Owner : DURAN ALMA
  • Previous Owner 2: DURAN GUILLERMO
  • Owner Before Previous Owner: NORTH WAKE PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054204

Zoning

  • Zoning: UR

Geography

  • Account Number: 0031504
  • District: 19
  • Parcel: 1841.11-66-1075 0031504
  • Lot: 1
  • Municipality: WAKE FOREST
  • Latitude: 35.9911
  • Longitude: -78.5059

    Address

  • Full Address: 208 W Chestnut Ave
  • Address - House Number: 208
  • Street Direction: W
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: C002
  • 4-Digit Zip Code: 2118
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,359

    Appraisal Valuation

  • Standard Deviation: 0.1438
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 82
  • Final Value: 228,248
  • High Value: 261,074
  • Low Value: 195,421

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $128,250
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Feb 07, 2020
  • First Open Lien Mortgage Loan Amount: $128,250
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $120,135
  • Market Land Value: $40,000
  • Market Improvement Value: $80,135

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $120,135
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $80,135

    Sales

  • Current Sale Contract Date: Jan 27, 2020
  • Current Sale Recording Date: Feb 07, 2020
  • Current Sale Transaction ID: 11738134883
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 18, 2008
  • Previous Sale Contract Date: Apr 18, 2008
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Feb 07, 2020
  • First Mortgage Loan Amount: $128,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CRESCENT STATE BANK
  • Previous Mortgage Transaction Date: Apr 18, 2008
  • Previous Mortgage Loan Amount: $165,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Wake Forest



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 208 West Chestnut Avenue located in?
The 208 West Chestnut Avenue is a house located in the neighborhood of Wake in Wake Forest, Wake Forest.
What is the average sales price for listings in 208 West Chestnut Avenue?
The average sales price for units in 208 West Chestnut Avenue is $135,000 , or $161/sqft. currently.

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