NOT LISTED FOR SALE

535 E Cedar Ave Wake Forest, NC 27587

Estimated Value: $74,547 - $321,000

0.14 Acre
$1,412,671 Price per Acre
6,098 Sq Ft Lot

Last Sold April 29, 2024

Last sale price $73,000 $59 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,068/month

Highlights

  • No HOA
  • Recreation Facilities
  • 5-minute walk to Taylor Street Park
  • Heritage Elementary School Rated A
  • Park

About This Lot

As of April 2024

UR Zoning NO HOA! LOT READY TO BUILD W/DUPLEX/Commercial Potential in the HEART of DOWNTOWN Wake Forest. Walking distance to new WATER PARK & ALL DOWNTOWN ACTIVITIES. Bring your BUILDER or use ours. Old home demolished, Water/sewer TAP in place, Gas available apply for new lines. New homes being built in the area selling for over $350k. Survey available in Docs. Serious Inquires only. Listing agent has ownership interest in this lot.

Last Agent to Sell the Property

Carol Saavedra

The Ocean Group License #272770 Listed on: 03/26/2024

Last Buyer's Agent

Rob Zelem

LPT Realty, LLC License #194484

LPT Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $235

Year Built

  • 1954

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 45' 55' 36'' x 42'24'08''
  • Property is zoned UR

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Listing and Financial Details

  • Assessor Parcel Number 1841734831000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Recreation Facilities
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$235

Year Built

1954

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: No
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 45' 55' 36'' x 42'24'08''
  • General Property Information Senior Community YN: No
  • General Property Information Horse YN2: No
  • General Property Information Lot Size Square Feet2: 6098.0
  • General Property Information Lot Size Acres: 0.14
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1954

Exterior Features

  • Acres: 0.14

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • Association Amenities:Recreation Facilities: Yes
  • Association Amenities:Park: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Zoning: UR
  • Lot Dimensions: 45' 55' 36'' x 42'24'08''
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1841734831000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 234.72
  • Tax Year: 2022
  • Tax Map Number: 3

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Apr 26, 2024
Sold by
K & B Remodeling Llc
Bought by
Family Building Company Ii Llc
Seller's Agent
Carol Saavedra
The Ocean Group
Buyer's Agent
Rob Zelem
LPT Realty, LLC
List Price
$73,000
Sold Price
$73,000
Total Days on Market
0
Views
13
Current Estimated Value
$197,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,774
Avg. Annual Appreciation
143.48%

Purchase Details

Listed on
Mar 26, 2024
Closed on
Apr 11, 2024
Sold by
Fontenot Joseph P and Fontenot Teresa C
Bought by
K & B Remodeling Llc
Seller's Agent
Carol Saavedra
The Ocean Group
Buyer's Agent
Rob Zelem
LPT Realty, LLC
List Price
$73,000
Sold Price
$73,000
Views
13

Purchase Details

Closed on
May 3, 2023
Sold by
K & B Remodeling Llc
Bought by
Renoserv & Store Llc

Purchase Details

Closed on
Mar 5, 2020
Sold by
Fontenot Joseph P and Estate Of Teresa C Fontenot
Bought by
K & B Remodeling Llc

Purchase Details

Closed on
Oct 17, 2007
Sold by
Mims Larry
Bought by
Fontenot Teresa C

Purchase Details

Closed on
Aug 30, 2002
Sold by
Ray Roger Dale and Ray Tari L
Bought by
Mims Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
6.31%

Purchase Details

Closed on
Apr 24, 2002
Sold by
Travelers Bank & Trust Company
Bought by
Ray Roger Dale and Ray Tari L

Purchase Details

Closed on
Oct 19, 2001
Sold by
Holden Charles R and Holden Lucille
Bought by
Travelers Bank & Trust Fsb
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
Family Building Company Ii Llc $73,000 Investors Title
K & B Remodeling Llc -- None Listed On Document
Renoserv & Store Llc -- None Listed On Document
K & B Remodeling Llc $5,000 None Available
Fontenot Teresa C $3,490 None Available
Mims Larry -- --
Ray Roger Dale $35,000 --
Travelers Bank & Trust Fsb $65,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Family Building Company Ii Llc $217,000
Previous Owner Mims Larry $80,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $73,000 0.0% $59 / Sq Ft
03/26/2024 03/26/24 For Sale $73,000 -- $59 / 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
2024 $233 $25,000 $25,000 $0
2023 $235 $20,250 $20,250 $0
2022 $226 $20,250 $20,250 $0
2021 $222 $20,250 $20,250 $0
2020 $222 $20,250 $20,250 $0
2019 $223 $18,000 $18,000 $0
2018 $211 $18,000 $18,000 $0
2017 $204 $18,000 $18,000 $0
2016 $202 $18,000 $18,000 $0
2015 $265 $23,400 $23,400 $0
2014 $257 $23,400 $23,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Carol Saavedra

    Seller's Agent in 2024

    Carol Saavedra

    The Ocean Group

    (919) 408-1154

    3 in this area

    33 Total Sales

    Carol Saavedra
    Section Image
  • Rob Zelem

    Buyer's Agent in 2024

    Rob Zelem

    LPT Realty, LLC

    (919) 906-3793

    43 in this area

    213 Total Sales

    Rob Zelem
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10019239

Doorify MLS

APN: 1841.15-73-4831-000

North Carolina Wake County Wake Forest 27587

535 E Cedar Ave, Wake Forest, NC

This home is located at 535 E Cedar Ave, Wake Forest, NC 27587 since 26 March 2024 and is currently estimated at $197,774, approximately $160 per square foot. This property was built in 1954. 535 E Cedar Ave is a home located in Wake County with nearby schools including Heritage Elementary School, Heritage Middle School, and Wake Forest High School.

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