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379 South Allen Road

379 South Allen Road, Wake Forest, NC 27587
House in Wellsley
Sold Jun 30, 2021
$415,000
$311,250 by Vision Lending Services Llc
Mortgage Due Jul 01, 2051
Sold Dec 09, 2005
$214,500
$171,600 by First Magnus Financial Corp
Mortgage Due Jan 01, 2036
Local assessors in Wake Forest, NC have categorized 379 South Allen Road as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 54,450 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 379 South Allen Road has a total of 2,000 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 500 sqft. The building has a gable style roof. Lots of alum/vinyl siding 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 wood. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 379 South Allen Road sold most recently in Jun 25, 2021 for a total of $415,000. If you work out the math, that's approximately a cost of $207.50 per sqft. Before that, the property was also sold for $214,500 in Dec 6, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,194 in taxes each year. 379 South Allen Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $284,821. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $209,821. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 500
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 2,000
  • Building Area: 2,000
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,000
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WELLESLEY ASSOC LLC
  • Land Acres: 1.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO3 WELLESLEY ASSOCIATES BM2000-1618

Ownership

  • Current Owner : RICHARDS DAVID C
  • Current Owner 2: RICHARDS LAURIE A
  • Previous Owner : PAGE MICHAEL
  • Previous Owner 2: PAGE DENISE
  • Owner Before Previous Owner: ELLIOTT PATRICK F
  • Owner Before Previous Owner 2: ELLIOTT CYNTHIA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054205

Zoning

  • Zoning: GR3

Geography

  • Account Number: 0283592
  • District: 19
  • Parcel: 1840.07-78-2161 0283592
  • Lot: 3
  • Municipality: WAKE FOREST
  • Latitude: 35.9694
  • Longitude: -78.5028

    Address

  • Full Address: 379 S Allen Rd
  • Address - House Number: 379
  • Street Direction: S
  • Address - Street Name: Allen
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: C003
  • 4-Digit Zip Code: 2671
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,194

    Appraisal Valuation

  • Standard Deviation: 0.1169
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 484,998
  • High Value: 541,729
  • Low Value: 428,267

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $311,250
  • First Open Lien Mortgage Lender: VISION LENDING SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jun 30, 2021
  • First Open Lien Mortgage Loan Amount: $311,250
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $284,821
  • Market Land Value: $75,000
  • Market Improvement Value: $209,821

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $284,821
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $209,821

    Sales

  • Current Sale Contract Date: Jun 25, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Transaction ID: 11844818203
  • Current Sale Price: $415,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 09, 2005
  • Previous Sale Contract Date: Dec 06, 2005
  • Previous Sale Amount: $214,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VISION LENDING SERVICES LLC
  • First Mortgage Transaction Date: Jun 30, 2021
  • First Mortgage Loan Amount: $311,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • Previous Mortgage Transaction Date: Dec 09, 2005
  • Previous Mortgage Loan Amount: $171,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jan 01, 2036

About Wellsley



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Nearby Rentals

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$2,200 /mo

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  • 2 Baths
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$1,995 /mo

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$1,895 /mo

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$2,200 /mo

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Listing by Corey Gilliam
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$2,200 /mo

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  • 1,744 ft²
Listing by Manager
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$2,100 /mo

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$2,095 /mo

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Frequently Asked Questions

What neighborhood is 379 South Allen Road located in?
The 379 South Allen Road is a house located in the neighborhood of Wellsley in Wellsley, Wake Forest.
What is the average sales price for listings in 379 South Allen Road?
The average sales price for units in 379 South Allen Road is $375,000 , or $178/sqft. currently.

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