$142,500
SOLD JUN 2, 2025

702 Mill St Wake Forest, NC 27587

2 Beds
1 Bath
1,182 Sq Ft
0.26 Acres

Recently Sold

$121 Per Sq Ft

29% Below List Price

28 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Forced Air Heating System
  • Heritage Elementary School Rated A
  • Bungalow
  • Carpet

About This Home

As of June 2025

Here's your chance to own a piece of Wake Forest History! One of the old cotton mill homes built in 1905 is here for you! Home is going to need a little love to make it your own but the ideas are endless with this one! 1/4 acre lot with mature landscaping and a nice size storage shed in the fenced back yard.

Last Agent to Sell the Property

Mike Ponsolle

RE/MAX Legacy License #287742 Listed on: 05/06/2025

RE/MAX Legacy

Last Buyer's Agent

Mike Ponsolle

RE/MAX HOMETOWN License #287742

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,072

Year Built

  • Built in 1905

Lot Details

  • 0.26 Acre Lot

Parking

  • 2 Parking Spaces

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,182 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Heritage Elementary And Middle School
  • Wake Forest High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Glen Royall Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1841741923

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,072

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Year Built: 1905
  • Prop. Type: Residential
  • Subdivision Name: Glen Royall
  • Above Grade Finished Sq Ft: 1182.0
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Architectural Style Bungalow: Yes
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1182.0
  • General Property Information Lot Size Square Feet2: 11326.0
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 1
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Acres: 0.26
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Open Parking: No
  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Forced Air
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Wake Forest
  • Middle Or Junior School: Wake - Heritage

Lot Info

  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1841741923

Tax Info

  • Tax Annual Amount: 2072.0
  • Tax Year: 2024
  • Tax Map Number: 43

MLS Schools

  • Elementary School: Wake - Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 1992
Bought by
Fergerson Willie H and Fergerson Hattie B
Total Days on Market
28
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $142,500 None Listed On Document
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $38,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $142,500 -28.8% $121 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
05/06/2025 05/06/25 Price Changed $200,000 0.0% $169 / Sq Ft
05/06/2025 05/06/25 For Sale $200,000 -11.1% $169 / Sq Ft
04/24/2025 04/24/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $225,000 -- $190 / 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 $2,072 $206,865 $100,000 $106,865
2023 $1,374 $116,512 $40,000 $76,512
2022 $1,319 $116,512 $40,000 $76,512
2021 $1,296 $116,512 $40,000 $76,512
2020 $1,296 $116,512 $40,000 $76,512
2019 $1,132 $89,655 $32,000 $57,655
2018 $1,073 $89,655 $32,000 $57,655
2017 $1,038 $89,655 $32,000 $57,655
2016 $1,025 $89,655 $32,000 $57,655
2015 $1,148 $99,424 $40,000 $59,424
2014 $1,112 $99,424 $40,000 $59,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10088874

Doorify MLS

APN: 1841.15-74-1923-000