NOT LISTED FOR SALE

7317 Stony Hill Rd Unit Lot 1 Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $401,000 - $463,343

3 Beds
3 Baths
2,391 Sq Ft
$180/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $415,000 $174 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,475/month

122 Days on Market

Highlights

  • RV Parking in Community
  • Wooded Lot
  • Victorian Architecture
  • Brassfield Elementary School Rated A-
  • Main Floor Bedroom
  • 1 Fireplace

About This Home

As of December 2024

Sellers have directed me to SUBSTANTIALLY REDUCE THE PRICE AND ALSO market this PROPERTY AND HOME AS IS.
Nine room 3 Bedroom plus office; Victorian style home designed with 2 plus story turret and wrap around porch. 1950 home includes 2391 square feet on .93-acre Wooded property with beautiful mature oak trees. Foyer leads to a large Living room with fireplace. Just off the Living Room is a beautifully detailed Formal Dining room featuring two glass windowed solid oak doors. First floor guest Bedroom and 2 First Floor full bathrooms. The large open kitchen boasts a bay window overlooking the paver stone patio; double glass hinged doors lead to a screen porch. Second Floor features a Master suite with the 1 1⁄2 story windowed Turret. The Second Floor also includes an Office Room and a 3rd guest bedroom. The Second-Floor Full bath-room is convenient for all rooms. Sellers are presenting the Victorian style home; the tree laden property located in Wake Forest...... AS IS......Seller will not make repairs. It is a canvas for the new Buyer to create their own wonderful new residence. The location is 12 minutes from The Town of Wake Forest, 19.5 miles to downtown Raleigh and 17.4 miles to downtown Durham. Also on the property is a large Victorian styled Carport or Party Pavilion.

Last Agent to Sell the Property

Anthony Laurie

Long & Foster Real Estate INC/Wake Forest License #247277 Listed on: 06/27/2024

Long & Foster Real Estate INC/Wake Forest

Last Buyer's Agent

Judy Hart

Navigate Realty License #304714

Navigate Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,489

Year Built

  • Built in 1950

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 117x222x183x222
  • East Facing Home
  • Chain Link Fence
  • Gentle Sloping Lot
  • Cleared Lot
  • Wooded Lot
  • Landscaped with Trees
  • Back Yard Fenced
  • Property is zoned R-40W

Home Design

  • Victorian Architecture
  • Combination Foundation
  • Shingle Roof
  • Vinyl Siding
  • Asbestos
  • Lead Paint Disclosure

Interior Spaces

  • 2,391 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Chandelier
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Screened Porch
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Free-Standing Electric Range
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Dryer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Parking

  • 6 Parking Spaces
  • 2 Carport Spaces
  • Aggregate Flooring
  • Circular Driveway
  • Gravel Driveway
  • 4 Open Parking Spaces

Accessible Home Design

  • Accessible Kitchen
  • Accessible Entrance

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Available
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1811.02-55-9686.000

Community Details

Overview

  • No Home Owners Association
  • Victorian
  • RV Parking in Community

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,489

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Builder Model: VICTORIAN
  • Year Built: 1950
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2391.0
  • Architectural Style: Victorian
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Lot Size Dimensions: 117X222X183X222
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Attic Fan: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Other Equipment Satellite Dish: Yes
  • General Property Information Senior Community YN: No
  • Heating Gas Pack2: Yes
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: No
  • Cooling Gas3: Yes
  • General Property Information Above Grade Finished Area: 2391.0
  • General Property Information Carport YN: Yes
  • Fencing Back Yard: Yes
  • Disclosures Lead Based Paint: Yes
  • Architectural Style Victorian: Yes
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Lot Size Square Feet2: 40075.0
  • Fencing Chain Link: Yes
  • General Property Information Lot Size Acres: 0.92
  • Foundation Details Combination: Yes
  • Parking Features Aggregate: Yes
  • Association Amenities Gas: Yes
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 2391.0
  • General Property Information Waterfront YN: No
  • General Property Information Direction Faces: East
  • General Property Information Builder Model: VICTORIAN
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Chandelier, Crown Molding, Eat-in Kitchen, Entrance Foyer, Granite Counters
  • Basement: Crawl Space
  • Private Spa: No
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Free-Standing Electric Range, Free-Standing Refrigerator, Range Hood, Refrigerator, Self Cleaning Oven, Washer/Dryer, Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Free-Standing Electric Range: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Interior Features:Crown Molding: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:Chandelier: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Chain Link
  • Acres: 0.92
  • Waterfront: No
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Home Warranty: Yes
  • Construction Type: Asbestos, Vinyl Siding
  • Direction Faces: East
  • Foundation Details: Combination
  • Patio And Porch Features: Screened
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Construction Materials:Asbestos: Yes
  • Lot Features:Back Yard2: Yes
  • Accessibility Features:Accessible Kitchen: Yes
  • Lot Features:Gentle Sloping: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Aggregate, Circular Driveway, Gravel
  • Total Parking Spaces: 6.0
  • Parking Features:Gravel: Yes
  • Parking Features:Circular Driveway: Yes
  • General Property Information:Parking Total: 6.0
  • Association Amenities:RV Parking: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Heating: Electric, Gas Pack, Heat Pump, Natural Gas
  • Cooling: Attic Fan, Gas, Gas Pack, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water, Other, See Remarks
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • Association Amenities:Laundry: Yes
  • General Property Information:Association YN: No
  • Association Amenities:Electricity: Yes

Schools

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

Lot Info

  • Zoning: R-40W
  • Lot Dimensions: 117X222X183X222
  • Lot Size Sq Ft: 40075.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1811.02-55-9686.000

Tax Info

  • Tax Annual Amount: 2489.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Dec 2, 2024
Sold by
Bevins Marian Carter and Harvey Franklin
Bought by
Haney Cobe and Haney Rachael
Seller's Agent
Anthony Laurie
Long & Foster Real Estate INC/Wake Forest
Buyer's Agent
Judy Hart
Navigate Realty
List Price
$550,000
Sold Price
$415,000
Premium/Discount to List
-$135,000
-24.55%
Views
157
Current Estimated Value
$430,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,086
Avg. Annual Appreciation
3.49%
Original Mortgage
$394,250
Outstanding Balance
$390,997
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$39,089

Purchase Details

Closed on
Sep 15, 2016
Sold by
Albert Frank and Albert Patricia Ann
Bought by
Carter Vecins Marian
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Haney Cobe $415,000 None Listed On Document
Haney Cobe $415,000 None Listed On Document
Carter Vecins Marian $276,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haney Cobe $394,250
Closed Haney Cobe $394,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $415,000 -7.7% $174 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
09/13/2024 09/13/24 Price Changed $449,500 -8.1% $188 / Sq Ft
08/18/2024 08/18/24 Price Changed $489,000 -11.1% $205 / Sq Ft
06/27/2024 06/27/24 For Sale $550,000 -- $230 / 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
2025 $2,563 $397,563 $105,800 $291,763
2024 $2,489 $397,563 $105,800 $291,763
2023 $2,020 $256,454 $59,800 $196,654
2022 $1,872 $256,454 $59,800 $196,654
2021 $1,822 $256,454 $59,800 $196,654
2020 $1,792 $256,454 $59,800 $196,654
2019 $1,695 $205,065 $57,040 $148,025
2018 $1,559 $205,065 $57,040 $148,025
2017 $1,478 $201,325 $57,040 $144,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10037127

Doorify MLS

APN: 1811.02-55-9686-000