NOT LISTED FOR SALE

8480 Wake Forest Hwy Raleigh, NC 27613

Eastern Durham Neighborhood

Estimated Value: $151,829

1.72 Acres
$88,273 Price per Acre
74,923 Sq Ft Lot

Last Sold August 15, 2024

Last sale price $150,350

Est. 1% increase in value since last sale

Current estimated payment $909/month

161 Days on Market

Highlights

  • 1.72 Acre Lot
  • Corner Lot
  • No HOA
  • Wooded Lot

About This Lot

As of August 2024

1.72 acre lot, with soils that have been test and suitable to build on. Conveniently located off of Hwy 98, with direct access off of Dunlee Falls Rd. The property is unique in it's fantastic location with fabolous privacy. Bring your own builder!

Last Agent to Sell the Property

Ethan Ocean

The Ocean Group License #282363 Listed on: 12/28/2023

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $926

Lot Details

  • 1.72 Acre Lot
  • Property fronts a highway
  • Corner Lot
  • Wooded Lot

Schools

  • Spring Valley Elementary School
  • Neal Middle School
  • Southern High School

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$926

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Highway, Public Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Not in a Subdivision
  • Vegetation Wooded2: Yes
  • Road Frontage Type Highway: Yes
  • Development Status Raw Land: Yes
  • General Property Information Lot Size Square Feet2: 74923.2
  • General Property Information Lot Size Acres: 1.72
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Acres: 1.72
  • Disclosures: Seller Disclosure
  • Lot Features:Corner Lot: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Southern
  • Middle Or Junior School: Durham - Neal

Lot Info

  • Development Status: Raw Land
  • Lot Size Sq Ft: 74923.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 926.0
  • Tax Year: 2023
  • Tax Map Number: 195279

MLS Schools

  • Elementary School: Durham - Spring Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
Aug 2, 2024
Sold by
8480 Dunlee Falls Llc
Bought by
Scion Realty Holdings 5 Llc
Seller's Agent
Ethan Ocean
The Ocean Group
Buyer's Agent
Non Member
Non Member Office
List Price
$189,000
Sold Price
$150,350
Premium/Discount to List
-$38,650
-20.45%
Views
164
Current Estimated Value
$151,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,479
Avg. Annual Appreciation
0.95%

Purchase Details

Closed on
Oct 31, 2023
Sold by
Simmons David and Simmons Christine R
Bought by
8480 Dunlee Falls Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.63%
Mortgage Type
New Conventional
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
Scion Realty Holdings 5 Llc $150,500 None Listed On Document
8480 Dunlee Falls Llc $123,000 None Listed On Document
8480 Dunlee Falls Llc $123,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 8480 Dunlee Falls Llc $62,000
Previous Owner 8480 Dunlee Falls Llc $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $150,350 -20.4% --
06/07/2024 06/07/24 Pending -- -- --
12/28/2023 12/28/23 For Sale $189,000 -- --
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
2024 $981 $105,880 $105,880 $0
2023 $926 $105,880 $105,880 $0
2022 $894 $105,880 $105,880 $0
2021 $894 $105,880 $105,880 $0
2020 $884 $105,880 $105,880 $0
2019 $884 $105,880 $105,880 $0
2018 $641 $70,290 $70,290 $0
2017 $634 $70,290 $70,290 $0
2016 $615 $70,290 $70,290 $0
2015 $346 $37,094 $37,094 $0
2014 $346 $37,094 $37,094 $0
Source: Public Records

Agents Affiliated with this Home

  • Ethan Ocean

    Seller's Agent in 2024

    Ethan Ocean

    The Ocean Group

    (919) 539-3804

    2 in this area

    69 Total Sales

    Ethan Ocean
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    Non Member Office

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Map

Source: Doorify MLS

MLS Number: 10003555

Doorify MLS

APN: 195279

North Carolina Durham County Raleigh 27613 Eastern Durham

8480 Wake Forest Hwy, Raleigh, NC

This home is located at 8480 Wake Forest Hwy, Raleigh, NC 27613 since 28 December 2023 and is currently estimated at $151,829. 8480 Wake Forest Hwy is a home located in Durham County with nearby schools including Spring Valley Elementary School, John W Neal Middle School, and Southern School of Energy & Sustainability.

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