NOT LISTED FOR SALE

125 W Oak Ave Wake Forest, NC 27587

Estimated Value: $355,000 - $461,000

0.23 Acre
$1,787,604 Price per Acre
10,019 Sq Ft Lot

Last Sold July 20, 2021

Last sale price $90,000

Est. 357% increase in value since last sale

Current estimated payment $2,666/month

153 Days on Market

About This Lot

As of July 2021

Fantastic opportunity to own in the heart of Wake Forest! Located in the beautiful historic district. Walk to Joyner Park, downtown or to grab a snow cone at Pelicans!

Last Agent to Sell the Property

Julia Thompson

Brassfield Realty License #282830 Listed on: 01/20/2021

Last Buyer's Agent

Patti O'Reilly

Northside Realty Inc. License #187426

Northside Realty Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,402

Year Built

  • 2022

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Open Lot
  • Cleared Lot

Schools

  • Heritage Elementary And Middle School
  • Wake Forest High School

Utilities

  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$4,402

Year Built

2022

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Subdivision Name: Not in a Subdivision
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Vegetation Cleared2: Yes
  • General Property Information Lot Size Acres: 0.23
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Exterior Features

  • Acres: 0.23
  • Lot Features:Open Lot: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available

Schools

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

Lot Info

  • Current Use: Unimproved, Vacant
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Jul 9, 2021
Sold by
Bush Cynthia E
Bought by
Wright Paula K and Wright Harry J
Seller's Agent
Julia Thompson
Brassfield Realty
Buyer's Agent
Patti O'Reilly
Northside Realty Inc.
List Price
$85,000
Sold Price
$90,000
Premium/Discount to List
$5,000
5.88%
Total Days on Market
153
Current Estimated Value
$411,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,149
Avg. Annual Appreciation
46.45%
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
Wright Paula K $90,000 Investors Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $90,000 -- --
07/20/2021 07/20/21 Sold $90,000 +5.9% --
06/22/2021 06/22/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $85,000 -- --
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 $4,402 $456,425 $88,000 $368,425
2023 $3,219 $275,313 $40,000 $235,313
2022 $446 $40,000 $40,000 $0
2021 $438 $40,000 $40,000 $0
2020 $438 $40,000 $40,000 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2362473

Doorify MLS

APN: 1841.11-55-9377-000