NOT LISTED FOR SALE

7100 Lake Myra Rd Wendell, NC 27591

Estimated Value: $185,000 - $201,000

2 Beds
1 Bath
743 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 03, 2025

Last sale price $198,000 $266 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,132/month

5 Days on Market

Highlights

  • Water Views
  • Pond
  • No HOA
  • 1 Acre Lot
  • Ranch Style House
  • Central Air

About This Home

As of January 2025

Investors, we have a great (2) bedroom home located on a private pond with the lot size of (1) acre. This home offers a beautiful place full of peaceful privacy. The ranch style design provides an ease of living. Interior has been updated with additional rooms however the septic permit is only for (2) bedrooms. This is a great buy for investors as it is rented for $2,200 a month. Seller is motivated to sell quickly.

Last Listed By

Brent Henson

Compass -- Raleigh License #172086 Listed on: 11/29/2024

Compass -- Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $230

Year Built

  • Built in 1962

Lot Details

  • 1

Home Design

  • Ranch Style House
  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 743 Sq Ft Home
  • Laminate Flooring
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Carver Elementary School
  • Wendell Middle School
  • East Wake High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Additional Features

  • Pond
  • 1 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1772496514

Home Details

Home Type

Single Family

Est. Annual Taxes

$230

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Year Built: 1962
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 743.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Water Source Well: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Laminate: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • Lot Water Features Water View: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 743.0
  • Lot Water Features Pond on Lot: Yes
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Lot Size Acres: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 1

Exterior Features

  • Roof: Shingle
  • Acres: 1.0
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Open Parking: No
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - East Wake
  • Middle Or Junior School: Wake - Wendell

Lot Info

  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1772496514
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Tax Annual Amount: 230.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Carver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2024
Closed on
Dec 18, 2024
Sold by
Crow Group Inc
Bought by
Tmx Investments Llc
Seller's Agent
Brent Henson
Compass -- Raleigh
Buyer's Agent
Thomas Andrews
Drew Eddison Realty LLC
List Price
$200,000
Sold Price
$198,000
Premium/Discount to List
-$2,000
-1%
Total Days on Market
5
Views
41
Current Estimated Value
$195,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,588
Avg. Annual Appreciation
-4.16%

Purchase Details

Listed on
Feb 7, 2024
Closed on
Feb 20, 2024
Sold by
Wheeler Tracie Livengood and Murray Wade
Bought by
Crow Group Inc
Seller's Agent
Adam McKnight
HomeTowne Realty
Buyer's Agent
Brent Henson
Compass -- Raleigh
List Price
$75,000
Sold Price
$98,000
Premium/Discount to List
$23,000
30.67%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
124.43%

Purchase Details

Closed on
Aug 24, 1994
Bought by
Livengood Mary W

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tmx Investments Llc $198,000 None Listed On Document
Tmx Investments Llc $198,000 None Listed On Document
Crow Group Inc $98,000 None Listed On Document
Livengood Mary W $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Livengood Mary W $53,755
Previous Owner Livengood Mary W $68,946
Previous Owner Livengood Mary W $70,380
Previous Owner Livengood Mary W $68,041
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $198,000 -1.0% $266 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
11/29/2024 11/29/24 For Sale $200,000 +104.1% $269 / Sq Ft
02/22/2024 02/22/24 Sold $98,000 +30.7% $132 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $75,000 -- $101 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $509 $78,694 $42,500 $36,194
2023 $248 $58,391 $34,000 $24,391
2022 $231 $58,391 $34,000 $24,391
2021 $225 $58,391 $34,000 $24,391
2020 $222 $58,391 $34,000 $24,391
2019 $242 $54,349 $25,500 $28,849
2018 $224 $54,349 $25,500 $28,849
2017 $213 $54,349 $25,500 $28,849
2016 $209 $54,349 $25,500 $28,849
2015 $491 $67,880 $32,400 $35,480
2014 $467 $67,880 $32,400 $35,480
Source: Public Records

Agents Affiliated with this Home

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Source: Doorify MLS

MLS Number: 10065360

Doorify MLS

APN: 1772.01-49-6514-000