$345,000
SOLD JUN 16, 2025

7657 Stony Hill Rd New Light, NC 27587

Falls Lake Neighborhood
4.95 Acres
$69,697 Price per Acre
215,622 Sq Ft Lot

Recently Sold

20% Below List Price

224 Days on Market

Highlights

  • Horses Allowed On Property
  • 4.95 Acre Lot
  • Wooded Lot
  • North Forest Pines Elementary School Rated A
  • Secluded Lot
  • No HOA

About This Lot

As of June 2025

Nestled away from the hustle and bustle, this approximately 5-acre parcel in scenic Wake Forest, NC, offers a unique opportunity for the discerning buyer. Accessed via a grass/gravel easement, this all-wooded land boasts natural beauty and endless potential. Secluded from the main road, this parcel provides a tranquil escape from the everyday grind. The gentle slopes and dense woods create a serene and secluded atmosphere. Past Septic Permit: A previous septic permit (expired now) was pulled, offering a head start on the path to development. There are no restrictions on this land, making it a blank canvas for your vision. Bring your horses and create the equestrian estate of your dreams. While surrounded by nature, you're not far from modern conveniences. Shopping, restaurants, including Wegmans and Target, are within easy reach. Enjoy the benefits of no city taxes or HOA dues, giving you financial flexibility. This is a rare opportunity to own an unspoiled piece of Wake Forest, where you can create your ideal retreat, whether it's a private residence, an equestrian haven, or a natural sanctuary.

Last Agent to Sell the Property

Kelly Carraway

Century 21 Triangle Group License #268210 Listed on: 06/05/2024

Century 21 Triangle Group

Last Buyer's Agent

Liana Saugstad

Better Homes & Gardens Real Es License #345914

Better Homes & Gardens Real Es

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,616

Lot Details

  • 4.95 Acre Lot
  • Lot Dimensions are 358x602x356x606
  • Property fronts an easement
  • Secluded Lot
  • Wooded Lot
  • Property is zoned r-40w

Schools

  • Forest Pines Elementary School
  • Wakefield Middle School
  • Wakefield High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well Required
  • Perc Test On File For Septic Tank
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number Parcel ID/Tax ID 1812.04-50-1186.000

Property Details

Property Type

Land

Est. Annual Taxes

$1,616

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Road Frontage Type: Easement, Other
  • Road Surface Type: Unimproved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 358x602x356x606
  • General Property Information Senior Community YN: No
  • General Property Information Horse YN2: Yes
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Water Source Need Well: Yes
  • Road Frontage Type Easement: Yes
  • Sewer Perc Test On File: Yes
  • General Property Information Lot Size Square Feet2: 215622.0
  • General Property Information Lot Size Acres: 4.95
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 4.95
  • Lot Features:Wooded: Yes
  • Lot Features:Secluded: Yes

Utilities

  • Utilities: None
  • Water Source: Need Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Wakefield
  • Middle Or Junior School: Wake - Wakefield

Lot Info

  • Zoning: r-40w
  • Current Use: Vacant
  • Lot Dimensions: 358x602x356x606
  • Lot Size Sq Ft: 215622.0
  • ResoLotSizeUnits: Acres
  • Parcel #: Parcel ID/Tax ID 1812.04-50-1186.000

Tax Info

  • Tax Annual Amount: 1615.54
  • Tax Year: 23

MLS Schools

  • Elementary School: Wake - Forest Pines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
May 30, 2025
Sold by
Nicely Daniel and Nicely Nicki
Bought by
Hendrickson Julie and Costello Steven
Seller's Agent
Kelly Carraway
Century 21 Triangle Group
Buyer's Agent
Liana Saugstad
Better Homes & Gardens Real Es
List Price
$430,000
Sold Price
$345,000
Premium/Discount to List
-$85,000
-19.77%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.11%

Purchase Details

Closed on
Feb 19, 2018
Sold by
Harricane Properties Llc
Bought by
Nicely Daniel and Nicely Nicki

Purchase Details

Closed on
Apr 15, 2014
Sold by
Stewart A W and Stewart Mary Lee Harrison
Bought by
Harricane Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,500
Interest Rate
4.37%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 1, 1975
Bought by
Harricane Properties Llc
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 Type Sale Price Title Company
Warranty Deed $345,000 None Listed On Document
Warranty Deed $170,000 None Available
Warranty Deed $27,500 None Available
Deed $3,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $26,500 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $345,000 -9.2% --
01/16/2025 01/16/25 Pending -- -- --
11/19/2024 11/19/24 Price Changed $380,000 -7.3% --
08/30/2024 08/30/24 Price Changed $410,000 -4.7% --
06/05/2024 06/05/24 For Sale $430,000 -- --
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
2025 $1,999 $312,500 $312,500 --
2024 $1,941 $312,500 $312,500 $0
2023 $1,616 $207,200 $207,200 $0
2022 $1,496 $207,200 $207,200 $0
2021 $1,456 $207,200 $207,200 $0
2020 $1,432 $207,200 $207,200 $0
2019 $776 $95,040 $95,040 $0
2018 $0 $95,040 $95,040 $0
2017 $676 $95,040 $95,040 $0
2016 $662 $95,040 $95,040 $0
2015 $924 $133,056 $133,056 $0
2014 $876 $133,056 $133,056 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10033590

Doorify MLS

APN: 1812.04-50-1186-000