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532 North College Street

532 North College Street, Wake Forest, NC 27587
House in Wake
Sold Oct 22, 2020
$295,000
$280,250 by United Wholesale Mortgage
Mortgage Due Nov 01, 2050
Sold Sep 06, 2018
$150,000
$120,000 by North State Bank
Mortgage Due Oct 01, 2048
532 North College Street in Wake Forest, NC was first built in 1952 and is 72 years old. Although, the building on the property was most recently renovated and altered in 2012. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 532 North College Street has 1,444 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 10,890 square feet.

Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with wood. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 532 North College Street was last sold in Oct 21, 2020 for $295,000. According to our calculations, that's $204.29 per sqft. Prior to that sales transaction, the property was sold for $150,000 in Sep 6, 2018. Current property owners are expected to pay $2,339 in taxes per year. The property on 532 North College Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $208,034. To break that down further, the land itself was valued at $50,000. While improvements to the property were assessed at a total of $158,034. 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. 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. 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: 1952
  • Effective Year Built: 2012
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 10,890
  • Total Building Area: 1,444
  • Building Area: 1,444
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,444
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1 N COLLEGE ST 532

Ownership

  • Current Owner : DAVIS MELISSA
  • Current Owner 2: DAVIS JOHN M
  • Previous Owner : BAUGH MATTHEW P
  • Owner Before Previous Owner: ELROD LANT J
  • Owner Before Previous Owner 2: ELROD BRENDA B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: GR3

Geography

  • Account Number: 0053792
  • District: 19
  • Parcel: 1841.15-54-5431 0053792
  • Lot: 1
  • Municipality: WAKE FOREST
  • Latitude: 35.9867
  • Longitude: -78.5081

    Address

  • Full Address: 532 N College St
  • Address - House Number: 532
  • Street Direction: N
  • Address - Street Name: College
  • Address - Suffix Type: St
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: C002
  • 4-Digit Zip Code: 2308
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,339

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 363,193
  • High Value: 408,149
  • Low Value: 318,237

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,250
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Loan Amount: $280,250
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $208,034
  • Market Land Value: $50,000
  • Market Improvement Value: $158,034

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $208,034
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $158,034

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11825562105
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 06, 2018
  • Previous Sale Contract Date: Sep 06, 2018
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $280,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NORTH STATE BANK
  • Previous Mortgage Transaction Date: Sep 06, 2018
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2048

About Wake Forest



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Nearby Rentals

Unit for rent at 508 N Taylor Street, Wake Forest, NC, 27587

$1,550 /mo

  • 3 Beds
  • 1 Bath
  • 990 ft²
508 N Taylor Street, Wake Forest, NC, 27587 Listing by Dinorah Czigler

Frequently Asked Questions

What neighborhood is 532 North College Street located in?
The 532 North College Street is a house located in the neighborhood of Wake in Wake Forest, Wake Forest.
What is the average sales price for listings in 532 North College Street?
The average sales price for units in 532 North College Street is $0 currently.

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