NOT LISTED FOR SALE

1605 Wayside Farm Rd Franklinton, NC 27525

Estimated Value: $582,000 - $989,880

10.74 Acres
$70,365 Price per Acre
467,834 Sq Ft Lot

Last Sold February 25, 2022

Last sale price $225,000

Est. 236% increase in value since last sale

Current estimated payment $4,413/month

4 Days on Market

Highlights

  • Wooded Lot
  • Brush Vegetation
  • Lot Has A Rolling Slope
  • Separate Outdoor Workshop

About This Lot

As of February 2022

GORGEOUS PROPERTY CLOSE TO WAKE FOREST! 10.74 wooded acres in southern Granville County. Semi-cleared portion at back would make a beautiful homesite or build among the hardwood trees. Falls Lake Recreation area nearby. Close proximity to Creedmoor, Durham, Raleigh, RDU airport. Partial pond, garage/workshop, large shed w/electric and concrete. Single wide home given no value but could be renovated. THIS ONE WON'T LAST!

Last Agent to Sell the Property

Phyllis Howard

Julie Wright Realty Group LLC License #225053 Listed on: 02/08/2022

Last Buyer's Agent

Michele Wilson

The Virtual Realty Group INC License #182305

Property Details

Property Type

  • Land

Lot Details

  • 10.74 Acre Lot
  • Brush Vegetation
  • Lot Has A Rolling Slope
  • Wooded Lot

Outdoor Features

  • Separate Outdoor Workshop

Schools

  • Wilton Elementary School
  • Hawley Middle School
  • S Granville High School

Mobile Home

Utilities

  • Well Required
  • Septic Needed

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: See plat
  • Other Structures Workshop: Yes
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Water Source Need Well: Yes
  • Other Structures Mobile Home: Yes
  • Vegetation Brush: Yes
  • General Property Information Lot Size Acres: 10.74
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 10.74
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: Electricity Available
  • Water Source: Need Well

Schools

  • Ninth Grade High School: Granville - S Granville
  • Middle Or Junior School: Granville - Hawley

Lot Info

  • Current Use: Vacant
  • Lot Dimensions: See plat
  • Lot Size Sq Ft: 467834.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Granville - Wilton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Sutton Wilson Tyler
Bought by
Sutton Wilson Tyler and Sutton Ann Wilson
Current Estimated Value
$755,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Outstanding Balance
$648,009
Interest Rate
5.5%
Mortgage Type
Construction
Estimated Equity
$107,711

Purchase Details

Listed on
Feb 8, 2022
Closed on
Feb 25, 2022
Sold by
Light Daniel J and Light Christy M
Bought by
Wilson Tyler S
Seller's Agent
Phyllis Howard
Julie Wright Realty Group LLC
Buyer's Agent
Michele Wilson
The Virtual Realty Group INC
List Price
$207,500,000
Sold Price
$225,000
Premium/Discount to List
-$207,275,000
-99.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.78%

Purchase Details

Closed on
Aug 8, 2019
Sold by
Weight Julie
Bought by
Light Daniel J and Light Christy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 6, 2019
Sold by
Box 381 B Holdings Llc
Bought by
Julie Wcight

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 2018
Sold by
Caddell Brenda L and Hobgood Roy Tyree
Bought by
Box 381B Holdings Llc
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
Sutton Wilson Tyler -- --
Wilson Tyler S $450 Aw Morris Law Pllc
Light Daniel J $146,500 None Available
Julie Wcight -- None Available
Box 381B Holdings Llc $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutton Wilson Tyler $670,000
Previous Owner Light Daniel J $143,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $225,000 -- --
02/25/2022 02/25/22 Sold $225,000 +7.4% --
02/12/2022 02/12/22 Pending -- -- --
02/10/2022 02/10/22 Price Changed $209,500 -99.9% --
02/08/2022 02/08/22 For Sale $207,500,000 -- --
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
2025 $5,242 $756,112 $94,445 $661,667
2024 $5,242 $111,769 $94,445 $17,324
2023 $802 $94,077 $76,753 $17,324
2022 $1,389 $140,670 $100,049 $40,621
2021 $1,214 $140,670 $100,049 $40,621
2020 $1,214 $140,670 $100,049 $40,621
2019 $1,295 $149,373 $108,752 $40,621
2018 $1,033 $149,373 $108,752 $40,621
2016 $1,672 $163,851 $109,888 $53,963
2015 $1,580 $163,851 $109,888 $53,963
2014 $1,582 $163,851 $109,888 $53,963
2013 -- $163,851 $109,888 $53,963
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Phyllis Howard

    Julie Wright Realty Group LLC

    (919) 280-6321

    25 Total Sales

    Phyllis Howard
    Section Image
  • Michele Wilson

    Buyer's Agent in 2022

    Michele Wilson

    The Virtual Realty Group INC

    (919) 928-3000

    67 Total Sales

    Michele Wilson
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2430717

Doorify MLS

APN: 182500943775

North Carolina Granville County Franklinton 27525

1605 Wayside Farm Rd, Franklinton, NC

Not Listed for Sale

Lots

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