$299,000
$41K PRICE DROP

Estimated payment $1,862/month

Total Views 613,467
4 Beds
2 Baths
1,671 Sq Ft
$179 Price per Sq Ft

Highlights

  • 0.8 Acre Lot
  • A-Frame Home
  • Forced Air Heating and Cooling System
  • Richland Creek Elementary School Rated A-
  • No HOA
  • Carpet

About This Home

PRICE IMPROVEMENT IN WAKE FOREST! Looking for space, character, and an incredible opportunity to build equity in Wake Forest? Welcome to 1015 Wait Avenue! We've just had a price improvement, making this classic home an even bigger value for buyers looking to put down roots near the heart of town. Property Highlights: • 4 Bedrooms | 2 Bathrooms | 1,671 Sq Ft • Expansive 0.8-acre lot with endless outdoor possibilities • Unbeatable location—just minutes from historic downtown Wake Forest, local dining, shops, and greenways Make It Yours with a Renovation Loan! Did you know you don't need a huge pile of cash on hand to update a home? This property is the perfect candidate for a renovation loan (like an FHA 203k or Conventional HomeStyle loan).

Listing Agent

Sheryl Merritt

New Legacy Realty License #213089 Listed on: 02/03/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,541

Year Built

  • Built in 1948 | Remodeled in 1968

Lot Details

  • 34,848 Sq Ft Lot
  • Property fronts an easement

Parking

  • Open Parking

Home Design

  • A-Frame Home
  • Bungalow
  • Raised Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,671 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Basement
  • Crawl Space
  • Scuttle Attic Hole
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Richland Creek Elementary School
  • Rolesville Middle School
  • Wake Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1850.01-09-0154 0124497

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,541

Year Built

Built in 1948 | Remodeled in 1968

Lot Details

0.8 Acres

Listing Details

  • Year Built: 1948
  • Prop. Type: Residential
  • Road Frontage Type: City Street, Easement
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1671.0
  • Architectural Style: A-Frame, Bungalow
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Effective Year Built: 1968
  • Room Types Primary Bedroom Level: Main
  • General Property Information Enhanced Accessible2: No
  • DelayedMarketingYN: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTA3ODY4IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA4LTE3VDE2OjQwOjI2LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzI1ODcxIiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.MZRk6aofZJiUl74WzNQeLPEKao-LqnfDktgMGG7BRws/badge
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1968

Interior Features

  • Flooring: Carpet
  • Basement: Crawl Space
  • Private Spa: No
  • Appliances: Electric Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Stories: 1
  • Attic Features:Attic Features: Scuttle

Exterior Features

  • Roof: Shingle
  • Acres: 0.8
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Common Walls: No Common Walls
  • Construction Type: Vinyl Siding
  • Foundation Details: Raised

Garage/Parking

  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Ninth Grade High School: Wake - Wake Forest High School
  • Middle Or Junior School: Wake - Rolesville Middle School

Lot Info

  • Lot Size Sq Ft: 34848.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1850.01-09-0154 0124497

Tax Info

  • Tax Annual Amount: 2541.0
  • Tax Year: 2024
  • Tax Map Number: 1-B

MLS Schools

  • Elementary School: Wake - Richland Creek Elementary School

3D Interior and Exterior Tours

Floorplans

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,550 $257,074 $110,000 $147,074
2024 $2,541 $257,074 $110,000 $147,074
2023 $1,734 $147,544 $68,000 $79,544
2022 $1,664 $147,544 $68,000 $79,544
2021 $1,636 $147,544 $68,000 $79,544
2020 $1,636 $147,544 $68,000 $79,544
2019 $1,657 $131,925 $60,000 $71,925
2018 $1,569 $131,925 $60,000 $71,925
2017 $1,517 $131,925 $60,000 $71,925
2016 $1,498 $131,925 $60,000 $71,925
2015 $1,519 $132,131 $70,000 $62,131
2014 $1,471 $132,131 $70,000 $62,131
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/24/2026 07/24/26 Price Changed $299,000 -9.4% $179 / Sq Ft
02/03/2026 02/03/26 For Sale $329,900 0.0% $197 / Sq Ft
01/31/2026 01/31/26 Off Market $329,900 -- --
01/19/2026 01/19/26 Price Changed $329,900 -3.0% $197 / Sq Ft
08/01/2025 08/01/25 For Sale $340,000 -- $203 / Sq Ft
Source: Doorify MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $127,500 None Available
Deed $70,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $80,000 New Conventional
Source: Public Records

About the Listing Agent

Sheryl Merritt

New Legacy Realty

(984) 306-5542

Section Image

Greetings!
I'm a proud Raleigh native with a deep love for this city and all it has to offer. With over 30 years in the real estate industry, I launched New Legacy Realty in 2005 to provide clients with personalized, professional service rooted in experience and local expertise.

In addition to my work as a real estate professional, I am a certified housing counselor and licensed mortgage loan officer. This unique combination allows me to answer finance-related questions confidently

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    The rendering is for illustration purposes only. This is a ''TO BE BUILT ON YOUR LOT'' HOME, requires the buyer to obtain a construction loan. The price listed includes the vacant lot list price. Estimated price for lot finishing allowance and cost to build the proposed plan is $336,900 for a total estimated price of $736,900. Prices are subject to updating. A great time to build this stunning

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  • 511 Royal St, Raleigh, NC 27607

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Source: Doorify MLS

MLS Number: 10107868

Doorify MLS

APN: 1850.01-09-0154-000

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