NOT LISTED FOR SALE

6845 Old Wake Forest Rd Raleigh, NC 27616

Triangle Town Center Neighborhood

Estimated Value: $421,000 - $1,300,839

2.57 Acres
$302,416 Price per Acre
111,949 Sq Ft Lot

Last Sold July 13, 2022

Last sale price $1,350,000 $714 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $4,317/month

11 Days on Market

Highlights

  • 2.57 Acre Lot
  • Abbotts Creek Elementary School Rated A
  • Level Lot

About This Lot

As of July 2022

Great opportunity in prime location! Being sold along with 6839 Old Wake Forest Road as a package. There are 3 structures on the property - property is being sold for land value.

Last Agent to Sell the Property

Ginger Lynn

Allen Tate/Raleigh-Falls Neuse License #213895 Listed on: 03/30/2022

Allen Tate/Raleigh-Falls Neuse

Last Buyer's Agent

Nikita Zhitov

CityPlat License #251529

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,295

Lot Details

  • 2.57 Acre Lot
  • Level Lot
  • Open Lot
  • Cleared Lot

Schools

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

Utilities

  • Well
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,295

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 Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Vegetation Cleared2: Yes
  • General Property Information Lot Size Acres: 2.573
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 2.57
  • Lot Features:Open Lot: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available
  • Water Source: Well

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 112079.88
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jul 7, 2022
Sold by
Wright and Michelle
Bought by
Moghadass Inc
Seller's Agent
Ginger Lynn
Allen Tate/Raleigh-Falls Neuse
Buyer's Agent
Nikita Zhitov
CityPlat
List Price
$1,450,000
Sold Price
$1,350,000
Premium/Discount to List
-$100,000
-6.9%
Current Estimated Value
$772,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$577,507
Avg. Annual Appreciation
-16.29%
Original Mortgage
$1,080,000
Outstanding Balance
$1,040,002
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
-$262,111
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
Moghadass Inc $1,350,000 City Of Oaks Law
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moghadass Inc $1,080,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $1,350,000 -- --
07/13/2022 07/13/22 Sold $1,350,000 -6.9% $714 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $1,450,000 -- $767 / 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 $1,295 $205,346 $203,859 $1,487
2023 $1,348 $170,339 $169,203 $1,136
2022 $1,250 $170,339 $169,203 $1,136
2021 $257 $33,675 $32,539 $1,136
2020 $253 $33,675 $32,539 $1,136
2019 $276 $31,343 $30,448 $895
2018 $255 $31,343 $30,448 $895
2017 $243 $31,343 $30,448 $895
2016 $238 $31,343 $30,448 $895
2015 $343 $46,543 $45,738 $805
2014 $326 $46,543 $45,738 $805
Source: Public Records

Agents Affiliated with this Home

  • Ginger Lynn

    Seller's Agent in 2022

    Ginger Lynn

    Allen Tate/Raleigh-Falls Neuse

    (919) 624-3084

    1 in this area

    86 Total Sales

    Section Image
  • Nikita Zhitov

    Buyer's Agent in 2022

    Nikita Zhitov

    CityPlat

    (919) 593-5700

    1 in this area

    23 Total Sales

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2439638

Doorify MLS

APN: 1727.18-21-6422-000

North Carolina Wake County Raleigh 27616 Triangle Town Center

6845 Old Wake Forest Rd, Raleigh, NC

This home is located at 6845 Old Wake Forest Rd, Raleigh, NC 27616 since 30 March 2022 and is currently estimated at $777,210, approximately $411 per square foot. 6845 Old Wake Forest Rd is a home located in Wake County with nearby schools including Abbotts Creek Elementary School, East Millbrook Middle, and Millbrook High School.

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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