NOT LISTED FOR SALE

11480 Old Stage Rd Willow Spring, NC 27592

Estimated Value: $351,000 - $2,511,998

41.54 Acres
$42,337 Price per Acre
1,809,482 Sq Ft Lot

Last Sold July 16, 2021

Last sale price $1,998,779 $1,388 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $9,300/month

2 Days on Market

Highlights

  • Private Waterfront
  • 41.54 Acre Lot
  • Corner Lot
  • Home fronts a pond

About This Lot

As of July 2021

Beautiful piece of farm land with pond located in Wake County - located across from Blalock Farms subdivision. Land would be perfect for a new neighborhood. Currently Zoned R-30. Level topography. Private well needed. Electric near by. Excellent development potential.

Last Agent to Sell the Property

Melissa Jones

Mission First Realty, LLC License #277478 Listed on: 04/13/2021

Last Buyer's Agent

Randy Yost

Ann Milton Realty License #305419

Property Details

Property Type

  • Land

Lot Details

  • 41.54 Acre Lot
  • Home fronts a pond
  • Private Waterfront
  • 50 Feet of Waterfront
  • Corner Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned R-30

Schools

  • Willow Springs Elementary School
  • Fuquay Varina Middle School
  • Willow Spring High School

Utilities

  • Well Required
  • Septic Needed
  • Cable TV Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Other
  • Subdivision Name: Not in a Subdivision
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Beautiful piece of farm land with pond located in Wake County - located across from Blalock Farms subdivision. Land would be perfect for a new neighborhood. Currently Zoned R-30. Level topography. Private well needed. Electric near by. Excellent development potential.
  • General Property Information Water Frontage Length2: 50.0
  • Waterfront Access Private Ownership: Yes
  • Sewer Septic Needed: Yes
  • Utilities Electricity Available: Yes
  • Vegetation Cleared2: Yes
  • Water Source Need Well: Yes
  • General Property Information Lot Size Acres: 41.54
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Water Body Name: Unnamed
  • Acres: 41.54
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Lot Features:Open Lot: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Level: Yes
  • Waterfront Features:Pond2: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, None
  • Water Source: Need Well

Schools

  • Ninth Grade High School: Wake - Willow Spring
  • Middle Or Junior School: Wake - Fuquay Varina

Lot Info

  • Zoning: R-30
  • Current Use: Unimproved
  • Lot Size Sq Ft: 1809482.4
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Willow Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jul 6, 2021
Sold by
Stephenson Penny Simpson
Bought by
Royal Willow Real Estate Llc
Seller's Agent
Melissa Jones
Mission First Realty, LLC
Buyer's Agent
Randy Yost
Ann Milton Realty
List Price
$2,400,000
Sold Price
$1,998,779
Premium/Discount to List
-$401,221
-16.72%
Current Estimated Value
$1,758,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$240,113
Avg. Annual Appreciation
-2.82%
Original Mortgage
$1,365,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2002
Sold by
Stephenson Penny Jean S and Stephenson Glenn David
Bought by
Stephenson Glenn David and Stephenson Penny Jean S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.07%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Royal Willow Real Estate Llc $1,999,000 None Listed On Document
Royal Willow Real Estate Llc $1,999,000 None Listed On Document
Stephenson Glenn David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Royal Willow Real Estate Llc $1,365,000
Previous Owner Stephenson Glenn David $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,998,779 -- --
07/16/2021 07/16/21 Sold $1,998,779 -16.7% $1,388 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $2,400,000 -- $1,667 / 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
2025 $1,237 $1,916,228 $1,836,621 $79,607
2024 $1,202 $1,916,228 $1,836,621 $79,607
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Melissa Jones

    Mission First Realty, LLC

  • Randy Yost

    Buyer's Agent in 2021

    Randy Yost

    Ann Milton Realty

    (919) 612-8575

    1 in this area

    96 Total Sales

    Randy Yost
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Map

Source: Doorify MLS

MLS Number: 2377407

Doorify MLS

APN: 0697.03-13-4493-000

North Carolina Wake County Willow Spring 27592

11480 Old Stage Rd, Willow Spring, NC

Not Listed for Sale

Lots

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