
7137 Winding Way Wake Forest, NC 27587
Estimated payment $2,957/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $180,000 | None Listed On Document | |
Deed | $76,500 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $172,500 | Unknown | |
Previous Owner | $132,375 | Fannie Mae Freddie Mac |
Similar Property in Wake Forest, NC
Source: Doorify MLS
MLS Number: 10003433

APN: 1850.02-78-6901-000
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