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628 Elmwood Court

628 Elmwood Court, Wake Forest, NC 27587
Property in Tyler Run
Sold Sep 04, 2020
$228,000
$223,870 by Southern Trust Mortgage Llc
Mortgage Due Oct 01, 2050
Sold Feb 01, 1994
$121,000
Local assessors in Wake Forest, NC have categorized 628 Elmwood Court as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 15,246 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 628 Elmwood Court has a total of 1,748 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 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, 628 Elmwood Court sold most recently in Sep 4, 2020 for a total of $228,000. If you work out the math, that's approximately a cost of $130.43 per sqft. Before that, the property was also sold for $121,000 in Feb 1, 1994. 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 $2,463 in taxes each year. 628 Elmwood Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $210,264. If we break it down further, the land itself was valued at $44,000. Improvements to the property, however, were assessed at a total of $166,264. 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: 1986
  • Effective Year Built: 1986
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,748
  • Building Area: 1,748
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,748
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TYLER RUN SUB
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO24 TYLER RUN SUB BM1985-01371

Ownership

  • Current Owner : JOHNSON TIMOTHY EARL
  • Current Owner 2: JOHNSON GINA VANNITA
  • Previous Owner : VALENTI LORI
  • Previous Owner 2: WEBB CHRISTOPHER
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054206

Zoning

  • Zoning: GR3

Geography

  • Account Number: 0146914
  • District: 19
  • Parcel: 1840.05-19-8665 0146914
  • Lot: 24
  • Municipality: WAKE FOREST
  • Latitude: 35.9736
  • Longitude: -78.5207

    Address

  • Full Address: 628 Elmwood Ct
  • Address - House Number: 628
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: C001
  • 4-Digit Zip Code: 2834
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,463

    Appraisal Valuation

  • Standard Deviation: 0.1238
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 86
  • Final Value: 338,515
  • High Value: 380,429
  • Low Value: 296,600

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $234,333
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 04, 2020
  • First Open Lien Mortgage Loan Amount: $223,870
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Dec 21, 2023
  • Second Open Lien Mortgage Loan Amount: $10,463
  • Second Open Lien Mortgage Term: 321
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $210,264
  • Market Land Value: $44,000
  • Market Improvement Value: $166,264

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,264
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $166,264

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Sep 04, 2020
  • Current Sale Transaction ID: 11799442955
  • Current Sale Price: $228,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 01, 1994
  • Previous Sale Contract Date: Feb 01, 1994
  • Previous Sale Amount: $121,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 04, 2020
  • First Mortgage Loan Amount: $223,870
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2050

About Tyler Run



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Frequently Asked Questions

What neighborhood is 628 Elmwood Court located in?
The 628 Elmwood Court is a located in the neighborhood of Tyler Run in Tyler Run, Wake Forest.
What is the average sales price for listings in 628 Elmwood Court?
The average sales price for units in 628 Elmwood Court is $0 currently.

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