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409 East Spring Street

409 East Spring Street, Wake Forest, NC 27587
Property in Wake
Sold Mar 12, 2007
$132,000
$130,000 by Maria Rubio
Mortgage Due Sep 01, 2031
Sold Aug 12, 2005
$360,500
$48,280 by American Home Mortgage Corp
Mortgage Due Sep 01, 2035
Local assessors in Wake Forest, NC have categorized 409 East Spring Street as a residential type of property. The home was built in 1990 and is 34 years old. It was most recently renovated and altered in 1996. The property's lot size has been calculated to be 5,663 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 409 East Spring Street has a total of 960 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 average. 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 frame control joints. The building has a gable style roof. Residents rely on no 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. 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, 409 East Spring Street was last sold in Mar 9, 2007 for $132,000. According to our calculations, that's $137.50 per sqft. Prior to that sales transaction, the property was sold for $360,500 in Aug 11, 2005. Current property owners are expected to pay $1,121 in taxes per year. The property on 409 East Spring Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $98,821. To break that down further, the land itself was valued at $20,250. While improvements to the property were assessed at a total of $78,571. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1996
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • 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: 5,663
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 960
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: AMIE HONES HEFFRIES PROP
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOB J JEFFRIES PROP BLDAMIE

Ownership

  • Current Owner : RUBIO JOSE
  • Current Owner 2: RUBIO MARIA
  • Previous Owner : FOUGHT DANIEL L
  • Previous Owner 2: FOUGHT LORIANNE
  • Owner Before Previous Owner: DLB PROPERTIES LLC

Neighborhood

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

Zoning

  • Zoning: UR

Geography

  • Account Number: 0073576
  • District: 19
  • Parcel: 1841.19-62-4137 0073576
  • Lot: B
  • Municipality: WAKE FOREST
  • Latitude: 35.9805
  • Longitude: -78.5051

    Address

  • Full Address: 409 E Spring St
  • Address - House Number: 409
  • Street Direction: E
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: C004
  • 4-Digit Zip Code: 2665
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,121

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 222,088
  • High Value: 249,578
  • Low Value: 194,598

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: MARIA RUBIO
  • First Open Lien Mortgage Recording Date: Sep 16, 2011
  • First Open Lien Mortgage Loan Amount: $130,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2031
  • First Open Lien Mortgage Private Lender: T
  • Second Open Lien Mortgage Lender: THE FIDELITY BANK
  • Second Open Lien Mortgage Recording Date: May 19, 2020
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $98,821
  • Market Land Value: $20,250
  • Market Improvement Value: $78,571

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $98,821
  • Assessed Land Value: $20,250
  • Assessed Improvements Value: $78,571

    Sales

  • Current Sale Contract Date: Mar 09, 2007
  • Current Sale Recording Date: Mar 12, 2007
  • Current Sale Transaction ID: 1130934470
  • Current Sale Price: $132,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 12, 2005
  • Previous Sale Contract Date: Aug 11, 2005
  • Previous Sale Amount: $360,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 12, 2005
  • Previous Mortgage Loan Amount: $48,280
  • 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: Sep 01, 2035

About Wake Forest



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Frequently Asked Questions

What neighborhood is 409 East Spring Street located in?
The 409 East Spring Street is a located in the neighborhood of Wake in Wake Forest, Wake Forest.
What is the average sales price for listings in 409 East Spring Street?
The average sales price for units in 409 East Spring Street is $0 currently.

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