Check Availability

536 Elm Avenue

536 Elm Avenue, Wake Forest, NC 27587
Sold Aug 26, 2009
$158,000
$117,000 by Fm Lending Services Inc
Mortgage Due Jun 01, 2043
Sold Mar 28, 2006
$163,500
$60,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2021
Local assessors in Wake Forest, NC have categorized 536 Elm Avenue as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 1,307 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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 536 Elm Avenue has a total of 1,267 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 216 sqft. 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 gas. 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, 536 Elm Avenue sold most recently in Aug 17, 2009 for a total of $158,000. If you work out the math, that's approximately a cost of $124.70 per sqft. Before that, the property was also sold for $163,500 in Mar 23, 2006. 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 $1,164 in taxes each year. 536 Elm Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $159,116. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $129,116. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 216
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 1,267
  • Building Area: 1,267
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,267
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: AVONDALE
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LT42 AVONDALE TWNHMES PH1 BM2004-1749

Ownership

  • Current Owner : COOPER STEPHANIE A
  • Current Owner 2: SMITH ROGER W
  • Previous Owner : WONG ALICIA C
  • Owner Before Previous Owner: PROMINENCE HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: UMX

Geography

  • Account Number: 0322674
  • District: 19
  • Subdivision Phase Number: 1
  • Parcel: 1840.07-69-4966 0322674
  • Lot: 42
  • Municipality: WAKE FOREST
  • Latitude: 35.9745
  • Longitude: -78.505

    Address

  • Full Address: 536 Elm Ave
  • Address - House Number: 536
  • Address - Street Name: Elm
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: C003
  • 4-Digit Zip Code: 2782
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,164

    Appraisal Valuation

  • Standard Deviation: 0.1417
  • Valuation Date: Oct 12, 2022
  • Confidence Score: 83
  • Final Value: 305,628
  • High Value: 348,962
  • Low Value: 262,293

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $117,000
  • First Open Lien Mortgage Lender: FM LENDING SERVICES INC
  • First Open Lien Mortgage Recording Date: May 10, 2013
  • First Open Lien Mortgage Loan Amount: $117,000
  • 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: Jun 01, 2043

    Market Valuation

  • Market Total Value: $159,116
  • Market Land Value: $30,000
  • Market Improvement Value: $129,116

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $159,116
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $129,116

    Sales

  • Current Sale Contract Date: Aug 17, 2009
  • Current Sale Recording Date: Aug 26, 2009
  • Current Sale Transaction ID: 1130881075
  • Current Sale Price: $158,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 28, 2006
  • Previous Sale Contract Date: Mar 23, 2006
  • Previous Sale Amount: $163,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FM LENDING SERVICES INC
  • First Mortgage Transaction Date: Aug 26, 2009
  • First Mortgage Loan Amount: $123,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Mar 28, 2006
  • Previous Mortgage Loan Amount: $60,000
  • Previous Mortgage Term: 180
  • 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: Apr 01, 2021

About Avondale Townhomes



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 905 Townes Park Street, Wake Forest, NC, 27587

$1,795 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,575 ft²
905 Townes Park Street, Wake Forest, NC, 27587 Listing by Narsa Gaddam
Unit for rent at 11056 Ligon Mill Road, Wake Forest, NC, 27587

$1,985 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,576 ft²
11056 Ligon Mill Road #100, Wake Forest, NC, 27587 Listing by Greg Beck
Unit for rent at 740 Gimari Drive, Wake Forest, NC, 27587

$1,895 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,744 ft²
740 Gimari Drive, Wake Forest, NC, 27587 Listing by Dinorah Czigler
Unit for rent at 370 Devon Cliffs Drive, Wake Forest, NC, 27587

$1,995 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,700 ft²
370 Devon Cliffs Drive, Wake Forest, NC, 27587 Listing by Aparna Ahuja
Unit for rent at 368 Devon Cliffs Drive, Wake Forest, NC, 27587

$1,995 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,700 ft²
368 Devon Cliffs Drive, Wake Forest, NC, 27587 Listing by Aparna Ahuja
Unit for rent at 327 Devon Cliffs Drive, Wake Forest, NC, 27587

$1,900 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,733 ft²
327 Devon Cliffs Drive, Wake Forest, NC, 27587 Listing by Greg Beck
Unit for rent at 1422 Cedar Branch Court, Wake Forest, NC, 27587

$1,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,150 ft²
1422 Cedar Branch Court, Wake Forest, NC, 27587 Listing by Kathy Beacham

Frequently Asked Questions

What neighborhood is 536 Elm Avenue located in?
The 536 Elm Avenue is a located in the neighborhood of Avondale Townhomes in Avondale Townhomes, Wake Forest.
What is the average sales price for listings in 536 Elm Avenue?
The average sales price for units in 536 Elm Avenue is $0 currently.

Quantcast