NOT LISTED FOR SALE

4850 Lake Wheeler Rd Raleigh, NC 27603

Estimated Value: $229,517

3 Acres
$76,506 Price per Acre
130,680 Sq Ft Lot

Last Sold June 13, 2024

Last sale price $225,000 $134 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,316/month

Highlights

  • 3 Acre Lot
  • No HOA
  • Brush Vegetation
  • Wooded Lot

About This Lot

As of June 2024

FOR COMP PURPOSES. Vacant lot. Zoned R-40W. Former house removed. Road frontage on Penny Road but no driveway currently. Access easement from Lake Wheeler Rd.

Last Agent to Sell the Property

Cara Pierce

Compass -- Raleigh License #248684 Listed on: 06/14/2024

Compass -- Raleigh

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $834

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 244x546x166x627
  • Brush Vegetation
  • Wooded Lot

Schools

  • Yates Mill Elementary School
  • Dillard Middle School
  • Athens Dr High School

Utilities

  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0791255056

Property Details

Property Type

Land

Est. Annual Taxes

$834

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: 2 Lane Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 244x546x166x627
  • Water Source Well: Yes
  • Vegetation Wooded2: Yes
  • Utilities Electricity Available: Yes
  • Vegetation Brush: Yes
  • General Property Information Lot Size Square Feet2: 130680.0
  • General Property Information Lot Size Acres: 3.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 3.0

Utilities

  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Dillard

Lot Info

  • Lot Dimensions: 244x546x166x627
  • Lot Size Sq Ft: 130680.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0791255056

Tax Info

  • Tax Annual Amount: 834.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Yates Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jun 11, 2024
Sold by
Sauls John D and Sauls John B
Bought by
4900 Lwr Llc
Seller's Agent
Cara Pierce
Compass -- Raleigh
Buyer's Agent
Non Member
Non Member Office
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$229,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,517
Avg. Annual Appreciation
1.64%

Purchase Details

Closed on
Jun 20, 1986
Bought by
Sauls John D and Curtis Susan 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
4900 Lwr Llc $225,000 None Listed On Document
Sauls John D $28,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 For Sale $225,000 0.0% $134 / Sq Ft
06/13/2024 06/13/24 Sold $225,000 -- $134 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
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 $894 $144,000 $144,000 $0
2023 $834 $107,000 $107,000 $0
2022 $773 $107,000 $107,000 $0
2021 $752 $107,000 $107,000 $0
2020 $739 $107,000 $107,000 $0
2019 $980 $117,513 $100,000 $17,513
2018 $902 $117,513 $100,000 $17,513
2017 $856 $117,513 $100,000 $17,513
2016 $838 $117,513 $100,000 $17,513
2015 $1,734 $246,858 $205,000 $41,858
2014 $1,644 $246,858 $205,000 $41,858
Source: Public Records

Agents Affiliated with this Home

  • Cara Pierce

    Seller's Agent in 2024

    Cara Pierce

    Compass -- Raleigh

    (919) 274-6593

    7 in this area

    312 Total Sales

    Cara Pierce
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    Non Member Office

See All Agents

Map

Source: Doorify MLS

MLS Number: 10035621

Doorify MLS

APN: 0791.01-25-5056-000

North Carolina Wake County Raleigh 27603

4850 Lake Wheeler Rd, Raleigh, NC

This home is located at 4850 Lake Wheeler Rd, Raleigh, NC 27603 since 14 June 2024 and is currently estimated at $229,517, approximately $137 per square foot. 4850 Lake Wheeler Rd is a home located in Wake County with nearby schools including Yates Mill Elementary School, Dillard Drive Magnet Middle School, and Longleaf School Of The Arts.

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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