$500,000
$50K PRICE INCREASE

7137 Winding Way Wake Forest, NC 27587

Estimated payment $2,957/month

Total Views 21,060
2.75 Acres
$181,818 Price per Acre
119,790 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • 2.75 Acre Lot
  • Wooded Lot
  • Richland Creek Elementary School Rated A-
  • Private Lot
  • No HOA

About This Lot

In Wake Forest, large tracts or lots are not easily found these days . This is an exceptional 2.75-acre parcel of land that has recently been made available for sale, presenting a unique opportunity similar to those found in the esteemed Wakefield, Heritage and Northridge areas. This sizable plot is nestled in a private secluded area of Wake forest. The land promises an array of possibilities for potential buyers, whether they are looking to build their dream home and invest in real estate. In today's market it is not uncommon for an older home in these areas to be purchased at market value only to be torn down and a newer style home is built that would double or triple the property's value. The Wakefield, Heritage and Northridge areas are examples of this kind of purchase and resale strategy. Celebrated for their lush landscapes, elegant homes, and top-tier amenities, including golf courses, swimming pools, and clubhouses, all of which contribute to a luxurious and comfortable lifestyle. The available 2.75-acre land in Wake Forest shares the same desirable attributes, offering a blank canvas on which the new owner can bring their vision to life. This piece of land stands out not only for its size and potential but also for its location within a thriving community that values outdoor activities, community events, and a close-knit neighborhood feel. Investing in this land means more than just purchasing a piece of property; it's about becoming part of a distinguished area known for its quality of living, natural beauty, and proximity to essential amenities such as schools, shopping centers, and healthcare facilities. It represents an opportunity to create a personal or investment project that aligns with the high standards of its surrounding areas, making it a valuable and promising venture for anyone looking to make a meaningful investment in Wake Forest. The former home was removed and there is a well on the property and a septic system, both of which the conditions are unknown. Town of Wake Forest says they can extend water and sewer to the lot, at the buyers expense.

Listing Agent

Scott Lerew

Silver Star Real Estate License #187480

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,993

Year Built

  • 1984

Lot Details

  • 2.75 Acre Lot
  • Property fronts a private road
  • Private Lot
  • Secluded Lot
  • Cleared Lot
  • Wooded Lot
  • Back Yard
  • Property is zoned r30

Parking

  • Driveway

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Well
  • Septic Tank

Additional Features

  • Agricultural
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1850786901

Property Details

Property Type

Land

Est. Annual Taxes

$1,993

Year Built

1984

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: See Remarks
  • Horses: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: None
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 2.75
  • Water Source Well: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Horse YN2: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Cleared2: Yes
  • Development Status Raw Land: Yes
  • Lot Features Driveway2: Yes
  • General Property Information Lot Size Square Feet2: 119790.0
  • General Property Information Lot Size Acres: 2.75
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1984

Interior Features

  • Possible Use: Investment, Residential, Single Family
  • Community Features:None3: Yes

Exterior Features

  • Fencing: Other, See Remarks
  • Acres: 2.75
  • Lot Features:Secluded: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Private2: Yes
  • Lot Features:Agricultural: Yes

Utilities

  • Utilities: See Remarks
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • Horse Amenities:None11: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Zoning: r30
  • Current Use: Grazing, Horses, See Remarks
  • Development Status: Raw Land, See Remarks
  • Horse Amenities: None
  • Lot Dimensions: 2.75
  • Lot Size Sq Ft: 119790.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1850786901
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1992.64
  • Tax Year: 2023
  • Tax Map Number: 3A

MLS Schools

  • Elementary School: Wake County Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,222 $193,605 $173,750 $19,855
2023 $1,993 $253,021 $86,500 $166,521
2022 $1,847 $253,021 $86,500 $166,521
2021 $1,798 $253,021 $86,500 $166,521
2020 $1,768 $253,021 $86,500 $166,521
2019 $1,922 $232,844 $93,750 $139,094
2018 $1,767 $232,844 $93,750 $139,094
2017 $1,676 $232,844 $93,750 $139,094
2016 -- $232,844 $93,750 $139,094
2015 $1,781 $253,494 $113,750 $139,744
2014 $1,688 $253,494 $113,750 $139,744
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Price Changed $500,000 +11.1% --
12/27/2023 12/27/23 For Sale $450,000 -- --
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $180,000 None Listed On Document
Deed $76,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $172,500 Unknown
Previous Owner $132,375 Fannie Mae Freddie Mac
Source: Public Records

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    • 12753 Wake Union Church Rd
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    Section Image

Source: Doorify MLS

MLS Number: 10003433

Doorify MLS

APN: 1850.02-78-6901-000