$186,000
SOLD FEB 6, 2025

111 S Gaylee Lake Dr Wendell, NC 27591

3 Beds
1.5 Baths
1,040 Sq Ft
0.48 Acres

Recently Sold

$179 Per Sq Ft

43% Below List Price

76 Days on Market

Highlights

  • 0.48 Acre Lot
  • Wood Flooring
  • <<tubWithShowerToken>>
  • Traditional Architecture
  • No HOA
  • Laundry closet

About This Home

As of February 2025

This 3 bed/1.5 bath ranch style home is located in Wendell. Great view of pond. This is perfect investment property as offers lots of space and NO HOA. The kitchen opens to the breakfast nook and family room. Bring your tenants and come enjoy!!

Last Agent to Sell the Property

Patty Owens

Compass -- Raleigh License #318041 Listed on: 11/01/2024

Compass -- Raleigh

Last Buyer's Agent

Enid Barnum

Coldwell Banker HPW License #78953

Coldwell Banker HPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $945

Year Built

  • Built in 1977

Lot Details

  • 0.48 Acre Lot
  • Landscaped

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Basement
  • Crawl Space
  • Scuttle Attic Hole
  • Laundry closet

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • <<tubWithShowerToken>>

Parking

  • 3 Parking Spaces
  • 3 Open Parking Spaces

Schools

  • Wakelon Elementary School
  • Zebulon Middle School
  • East Wake High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Gaylee Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1785.03-33-7270.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$945

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Year Built: 1977
  • Prop. Type: Residential
  • Subdivision Name: Gaylee Village
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Architectural Style Traditional: Yes
  • General Property Information Senior Community YN: No
  • Laundry Features Laundry Closet: Yes
  • Attic Features Scuttle: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1040.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 20909.0
  • General Property Information Lot Size Acres: 0.48
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Linoleum
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Range, Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.48
  • Construction Type: Brick
  • Foundation Details: Other
  • Lot Features:Landscaped: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Open Parking Spaces: 3.0
  • Open Parking: Yes
  • Total Parking Spaces: 3.0
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 3.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 20909.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1785.03-33-7270.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 944.72
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Wakelon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Feb 4, 2025
Sold by
Hutson Frances J and Harris Mary L
Bought by
Inspiration Properties Llc
Seller's Agent
Patty Owens
Compass -- Raleigh
Buyer's Agent
Enid Barnum
Coldwell Banker HPW
List Price
$325,000
Sold Price
$186,000
Premium/Discount to List
-$139,000
-42.77%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.91%

Purchase Details

Closed on
Feb 4, 2022
Sold by
Hutson Frances J
Bought by
Hutson Frances J and Harris Mary L

Purchase Details

Closed on
Jan 20, 1993
Bought by
Hutson William F and Hutson Frances J
Source: Public Records

Similar Homes in Wendell, NC

  • 527 N Cypress St, Wendell, NC 27591

    $197,500

    • 2 Beds
    • 1 Bath
    • 640 Sq Ft
    • 527 N Cypress St
    • Wendell, NC

    Tucked away just a short stroll from the heart of Downtown Wendell, this darling 2 bedroom, 1 bath cottage blends vintage charm with thoughtful modern upgrades. With its welcoming curb appeal and cozy layout, it's the perfect place to call home.Step inside to find brand new LVP flooring throughout, giving every room a fresh and stylish feel. The home features upgraded underground electrical

    Catherine McCormick Costello Real Estate & Investm

    Section Image
  • 109 Grange Dr, Wendell, NC 27591

    $210,000

    • 3 Beds
    • 1.5 Baths
    • 1,025 Sq Ft
    • 109 Grange Dr
    • Wendell, NC

    Welcome to 109 Grange Drive, a cozy 3-bedroom, 1.5-bath ranch in the established Wellington Place neighborhood of Wendell. This home offers great potential with its open layout, vaulted ceilings, and abundant natural light. While it could use a little TLC, updates like fresh paint, and other minor improvements are already in progress—making it easier to personalize and add value.Enjoy

    Heather Smith The M Homes Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $186,000 None Listed On Document
Warranty Deed $186,000 None Listed On Document
Warranty Deed $1,000 None Listed On Document
Deed $61,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $85,500 New Conventional
Previous Owner $25,700 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2025 06/29/25 Pending -- -- --
06/26/2025 06/26/25 Price Changed $295,000 -1.5% $284 / Sq Ft
05/29/2025 05/29/25 For Sale $299,500 +61.0% $288 / Sq Ft
02/06/2025 02/06/25 Sold $186,000 -17.3% $179 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
12/31/2024 12/31/24 Price Changed $225,000 -10.0% $216 / Sq Ft
12/06/2024 12/06/24 Price Changed $250,000 -16.6% $240 / Sq Ft
11/16/2024 11/16/24 Price Changed $299,900 -7.7% $288 / Sq Ft
11/01/2024 11/01/24 For Sale $325,000 -- $313 / 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 $1,313 $208,205 $60,000 $148,205
2023 $945 $118,629 $24,000 $94,629
2022 $877 $118,629 $24,000 $94,629
2021 $854 $118,629 $24,000 $94,629
2020 $840 $118,629 $24,000 $94,629
2019 $712 $84,759 $20,000 $64,759
2018 $656 $84,759 $20,000 $64,759
2017 $623 $84,759 $20,000 $64,759
2016 $610 $84,759 $20,000 $64,759
2015 $681 $95,119 $26,000 $69,119
2014 $646 $95,119 $26,000 $69,119
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10059728

Doorify MLS

APN: 1785.03-33-7270-000