NOT LISTED FOR SALE

1129 Lake Glad Rd Wendell, NC 27591

Estimated Value: $6,706,662

42.64 Acres
$157,286 Price per Acre
1,857,398 Sq Ft Lot

Last Sold January 10, 2023

Last sale price $740,000 $826 Per Sq Ft

Est. 806% increase in value since last sale

Current estimated payment $37,860/month

749 Days on Market

Highlights

  • Barn
  • Heavily Wooded Lot
  • Packing Shed
  • 42.64 Acre Lot
  • Grass Field
  • Brush Vegetation

About This Lot

As of January 2023

Gorgeous 42+ acre farm near Wendell NC. This property has open fields, forest, and 2 small ponds. Great for investment, development, horse farm, or a country estate. It is located near the intersection of Eagle Rock and Lake Glad Roads with easy access to US64/US264/I87, I540, and down town Wendell.

Last Agent to Sell the Property

Art Wiencken

Northside Realty Inc. License #152903 Listed on: 01/07/2019

Northside Realty Inc.

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,819

Lot Details

  • 42.64 Acre Lot
  • Brush Vegetation
  • Level Lot
  • Cleared Lot
  • Heavily Wooded Lot
  • Property is zoned R30

Schools

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

Farming

  • Barn
  • Packing Shed

Horse Facilities and Amenities

  • Grass Field

Mobile Home

Utilities

  • Well
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$15,819

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Water Source Well: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Vegetation Cleared2: Yes
  • Vegetation Heavily Wooded: Yes
  • Other Structures Mobile Home: Yes
  • Vegetation Grassed: Yes
  • Vegetation Brush: Yes
  • Other Structures Barn(s): Yes
  • Other Structures Packing Shed: Yes
  • General Property Information Lot Size Acres: 42.64
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 42.64
  • Lot Features:Level: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Well

Schools

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

Lot Info

  • Zoning: R30
  • Current Use: Row Crops, Timber
  • Lot Size Sq Ft: 1857398.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Carver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Jan 5, 2023
Sold by
Todd Richard Baker and Todd Kimberly J
Bought by
Ellis Developments Nc Llc
Seller's Agent
Art Wiencken
Northside Realty Inc.
Buyer's Agent
Non Member
Non Member Office
List Price
$767,000
Sold Price
$740,000
Premium/Discount to List
-$27,000
-3.52%
Current Estimated Value
$6,706,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,966,662
Avg. Annual Appreciation
132.69%

Purchase Details

Closed on
Oct 26, 2016
Sold by
Todd Rilchard Baker
Bought by
Todd Rihcard Bake5r and Todd Kimberly J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ellis Developments Nc Llc $740,000 --
Todd Rihcard Bake5r -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Todd Richard B $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $740,000 -- --
01/10/2023 01/10/23 Sold $740,000 -3.5% $826 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/07/2019 01/07/19 For Sale $767,000 -- $856 / 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 $15,819 $1,512,378 $1,512,378 $0
2023 $3,773 $843,561 $757,650 $85,911
2022 $1,375 $843,561 $757,650 $85,911
2021 $1,339 $843,561 $757,650 $85,911
2020 $1,317 $843,561 $757,650 $85,911
2019 $1,150 $661,026 $602,120 $58,906
2018 $1,060 $661,026 $602,120 $58,906
2017 $1,007 $661,026 $602,120 $58,906
2016 $987 $661,026 $602,120 $58,906
2015 $1,216 $830,616 $777,650 $52,966
2014 $1,154 $830,616 $777,650 $52,966
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Art Wiencken

    Northside Realty Inc.

    (919) 559-6969

    1 in this area

    4 Total Sales

    Art Wiencken
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    Non Member Office

See All Agents

Map

Source: Doorify MLS

MLS Number: 2230526

Doorify MLS

APN: 1782.01-29-2487-000

North Carolina Wake County Wendell 27591

1129 Lake Glad Rd, Wendell, NC

This home is located at 1129 Lake Glad Rd, Wendell, NC 27591 since 07 January 2019 and is currently estimated at $6,706,662, approximately $7,485 per square foot. 1129 Lake Glad Rd is a home located in Wake County with nearby schools including Carver Elementary, Wendell Middle School, and East Wake High School.

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