NOT LISTED FOR SALE

5005 Old Faison Rd Knightdale, NC 27545

Estimated Value: $132,133 - $290,000

0.98 Acre
$215,374 Price per Acre
42,689 Sq Ft Lot

Last Sold March 06, 2023

Last sale price $125,000

Est. 69% increase in value since last sale

Current estimated payment $1,242/month

128 Days on Market

About This Lot

As of March 2023

This parcel is being sold along with 5009 Old Faison (NO Subdividing) Hard to find Almost Total 1.4 Acre Building Lot in Wake County (Approximately .98 Acres and .44 Acres). Great Location just off I 87 and Hwy 264 Bypass. Easy Access to Raleigh or Rocky Mount and all points in between. This lot will not last long in this market. (Contact Town of Knightdale for Building Restrictions.) (And Contact Wake County to verify Septic and Water Permitting) (Will need new survey / Not sure about any easements)

Last Agent to Sell the Property

Ricky Murray

Coldwell Banker HPW License #92110 Listed on: 09/27/2022

Coldwell Banker HPW

Last Buyer's Agent

Renee Mangum

DASH Carolina License #330837

DASH Carolina

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $687

Year Built

  • 1996

Lot Details

  • 0.98 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot

Schools

  • Hodge Road Elementary School
  • Neuse River Middle School
  • Knightdale High School

Utilities

  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$687

Year Built

1996

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Utilities Electricity Available: Yes
  • Vegetation Cleared2: Yes
  • General Property Information Lot Size Acres: 0.98
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1996

Exterior Features

  • Acres: 0.98
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Sloped: Yes

Utilities

  • Utilities: Electricity Available
  • Water Source: Well

Schools

  • Ninth Grade High School: Wake - Knightdale
  • Middle Or Junior School: Wake - Neuse River

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 42688.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Hodge Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Mar 6, 2023
Sold by
Liles Joyce C and Liles Gerald W
Bought by
Erickson Michael Paul
Seller's Agent
Ricky Murray
Coldwell Banker HPW
Buyer's Agent
Renee Mangum
DASH Carolina
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Total Days on Market
128
Views
86
Current Estimated Value
$211,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,067
Avg. Annual Appreciation
26.22%

Purchase Details

Closed on
Jan 1, 1973
Bought by
Liles Joyce C
Source: Public Records

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Range of Values:

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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 Buyer Sale Price Title Company
Erickson Michael Paul $150,000 --
Liles Joyce C $4,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $125,000 -- --
03/06/2023 03/06/23 Sold $125,000 -10.7% --
02/02/2023 02/02/23 Pending -- -- --
09/27/2022 09/27/22 For Sale $140,000 -- --
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 $687 $110,610 $110,000 $610
2023 $424 $54,390 $54,000 $390
2022 $393 $54,390 $54,000 $390
2021 $382 $54,390 $54,000 $390
2020 $376 $54,390 $54,000 $390
2019 $427 $52,300 $52,000 $300
2018 $392 $52,300 $52,000 $300
2017 $372 $52,300 $52,000 $300
2016 $0 $52,300 $52,000 $300
2015 -- $32,280 $32,000 $280
2014 -- $32,280 $32,000 $280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2476278

Doorify MLS

APN: 1743.01-35-9006-000