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425 Wait Avenue

425 Wait Avenue, Wake Forest, NC 27587
Land in Wake
425 Wait Avenue in Wake Forest, NC was first built in 1901 and is 125 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 100 floors. 425 Wait Avenue has 1,420 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 23,958 square feet.

Learn more about the property and building on this page. The home has a style roof. Water for the property is sourced from system. The property is connected to a sewer system. For those who need parking, there is a . The garage is 1,000 sqft. There are a total of 3 available parking spaces. The condition of the building has been evaluated as . The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing and being fueled with . 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, 425 Wait Avenue sold most recently in Nov 15, 2021 for a total of $2,400,000. If you work out the math, that's approximately a cost of $1,690.14 per sqft. Before that, the property was also sold for $875,000 in Apr 1, 2021. 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 $826,560 in taxes each year. 425 Wait Avenue was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $250,469. If we break it down further, the land itself was valued at $191,904. Improvements to the property, however, were assessed at a total of $58,565. 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.

Building Features

Facilities

Laundry Room

Parking

Attached Garage
Garage Parking
Garage Door Opener

Condition

Level Lot
Cleared Lot
New Construction

Driveway

Driveway

4 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20250207 Unit 200
02/07/2025
200
3 Bed
3 Bath
2393 ft²
$449,999
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2393 ft²
$435,000 -3.33%
03/24/2025
Stacey Delgado
Redfin Corporation
20240118 Unit 100
01/18/2024
100
3 Bed
2 Bath
1536 ft²
$340,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1536 ft²
$340,000
04/24/2024
Stephanie Miller
SM North Carolina Brokerage
20200717
07/17/2020
Loft
-
-
$875,000
bedrooms
Loft
bathrooms
-
$875,000
04/01/2021
Jim Allen
Coldwell Banker HPW
20170426
04/26/2017
2 Bed
2 Bath
1420 ft²
$300,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1420 ft²
$240,000 -20.00%
10/13/2017
Morgan Womble
Allen Tate/Wake Forest


Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1980
  • Total Rooms: 11
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 1,000
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Total Building Area: 1,420
  • Building Area: 1,420
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,420
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOKVIEW
  • Land Acres: 0000000550
  • Standard Land Use Code: 1101
  • County Land Use Code: 02
  • Legal Description 1: LO6 7 & 8 BROOKVIEW BL4

Neighborhood

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

Zoning

  • Zoning: UMX

Geography

  • Account Number: 0061380
  • District: 19
  • Parcel: 1841.19-61-2233 0061380
  • Municipality: WAKE FOREST
  • Latitude: 35.978
  • Longitude: -78.5059

    Address

  • Full Address: 425 Wait Ave
  • Address - House Number: 425
  • Address - Street Name: Wait
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: C003
  • 4-Digit Zip Code: 2725
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $826,560

    Market Valuation

  • Market Total Value: $250,469
  • Market Land Value: $191,904
  • Market Improvement Value: $58,565

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $250,469
  • Assessed Land Value: $191,904
  • Assessed Improvements Value: $58,565

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 01, 2021
  • Previous Sale Contract Date: Apr 01, 2021
  • Previous Sale Amount: $875,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Wake Forest



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Frequently Asked Questions

What neighborhood is 425 Wait Avenue located in?
The 425 Wait Avenue is a land located in the neighborhood of Wake in Wake Forest, Wake Forest.
What is the average sales price for listings in 425 Wait Avenue?
The average sales price for units in 425 Wait Avenue is $587,500 , or $211/sqft. currently.