$3,161,200
SOLD JUN 10, 2022

1167 N Main St Wake Forest, NC 27587

68 Acres
$46,639 Price per Acre
2,952,497 Sq Ft Lot

Recently Sold

$1,474 Per Sq Ft

7% Below List Price

196 Days on Market

Highlights

  • Water Views
  • Horses Allowed On Property
  • Heavily Wooded Lot
  • Richland Creek Elementary School Rated A-
  • 67.78 Acre Lot
  • Brush Vegetation

About This Lot

As of July 2022

Prime development property just outside of Downtown Wake Forest. Stubbed utilities and access from The Meadows, Olde Mill Stream, and N Main St. Close access to shopping, Joyner Park, and Capital Blvd.

Last Agent to Sell the Property

Man Leete

Golden Realty License #243663 Listed on: 08/15/2017

Last Buyer's Agent

Jim Allen

Daughtry Realty License #126077

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,906

Lot Details

  • 67.78 Acre Lot
  • Property fronts an easement
  • Brush Vegetation
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot

Schools

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

Additional Features

  • Water Views
  • Horses Allowed On Property

Property Details

Property Type

Land

Est. Annual Taxes

$6,906

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Road Frontage Type: Easement
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Horse YN2: Yes
  • Utilities Electricity Available: Yes
  • Lot Water Features Water View: Yes
  • Vegetation Heavily Wooded: Yes
  • Vegetation Brush: Yes
  • Road Frontage Type Easement: Yes
  • General Property Information Lot Size Acres: 67.78
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 67.78
  • Lot Features:Wooded: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: Electricity Available

Schools

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

Lot Info

  • Current Use: Timber, Unimproved, Vacant
  • Lot Size Sq Ft: 2952496.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2023
Sold by
Mckinley Homes Us Llc
Bought by
Kinsley Investment Iii Llc
Current Estimated Value
$932,668

Purchase Details

Closed on
Apr 27, 2006
Sold by
Nical Group Llc
Bought by
Agr Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Special Warranty Deed -- --
Warranty Deed $392,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $314,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $3,161,200 -- --
12/14/2023 12/14/23 Off Market $19,768,132 -- --
07/11/2022 07/11/22 Sold $19,768,132 0.0% $9,220 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $19,768,132 +525.3% $9,220 / Sq Ft
06/10/2022 06/10/22 Sold $3,161,200 -6.7% $1,474 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
08/15/2017 08/15/17 For Sale $3,389,000 -- $1,581 / 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
2022 $6,906 $619,662 $618,662 $1,000
2021 $1,436 $619,662 $618,662 $1,000
2020 $906 $619,662 $618,662 $1,000
2019 $973 $563,420 $562,420 $1,000
2018 $894 $563,420 $562,420 $1,000
2017 $847 $563,420 $562,420 $1,000
2016 $829 $563,420 $562,420 $1,000
2015 $718 $476,225 $475,225 $1,000
2014 $681 $476,225 $475,225 $1,000
Source: Public Records

Agents Affiliated with this Home

  • Jim Allen

    Seller's Agent in 2022

    Jim Allen

    Coldwell Banker HPW

    (919) 845-9909

    446 in this area

    4,862 Total Sales

    Section Image
  • Man Leete

    Seller's Agent in 2022

    Man Leete

    Golden Realty

    (919) 539-3391

    10 in this area

    28 Total Sales

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2145993

Doorify MLS

APN: 1842.04-70-5407-000

North Carolina Wake County Wake Forest 27587

1167 N Main St, Wake Forest, NC

This home is located at 1167 N Main St, Wake Forest, NC 27587 and is currently priced at $3,161,200, approximately $1,474 per square foot. 1167 N Main St is a home located in Wake County with nearby schools including Richland Creek Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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