NOT LISTED FOR SALE

8729 Lake Wheeler Rd Raleigh, NC 27603

Middle Creek Neighborhood

Estimated Value: $339,000 - $413,747

3 Acres
$127,896 Price per Acre
130,680 Sq Ft Lot

Last Sold January 10, 2022

Last sale price $176,000 $131 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,283/month

433 Days on Market

Highlights

  • 3 Acre Lot
  • Wooded Lot
  • Corner Lot
  • Middle Creek High Rated A-

About This Lot

As of January 2022

Great Property on corner of Lake Wheeler Road and Donny Brook Road; Property Zoned AR per Fuquay-Varina; Water at the property (See Maps & Photos); See Information and photo regarding CROMA FLOW- An Innovative Waste Treatment System; You can build one home or subdivide!! ABANDONED HOUSE--DO NOT ENTER!! There is an underground fuel tank near the house. Acreage is based on deeded acreage. Town of Fuquay-Varina GIS lists acreage as 2.2 acres.

Last Agent to Sell the Property

Phyllis Turner

Turner Real Estate Services License #192405 Listed on: 10/26/2020

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,359

Lot Details

  • 3 Acre Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Wooded 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

$2,359

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Water Source Public: Yes
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Utilities Cable Available: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Vegetation Cleared2: Yes
  • General Property Information Lot Size Acres: 3.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 3.0
  • Lot Features:Corner Lot: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public, 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: 130680.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Jan 10, 2022
Sold by
Evans Prenetta R
Bought by
Lake Wheeler Trust and Wake County North Carolina Lan
Seller's Agent
Phyllis Turner
Turner Real Estate Services
Buyer's Agent
Non Member
Non Member Office
List Price
$325,000
Sold Price
$176,000
Premium/Discount to List
-$149,000
-45.85%
Current Estimated Value
$383,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,687
Avg. Annual Appreciation
23.10%

Purchase Details

Closed on
Mar 11, 2008
Sold by
Royster Chad and Royster Jennifer L
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust 2007-5 As
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
Lake Wheeler Trust $176,000 City Of Oaks Law
Wells Fargo Bank Na $110,415 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Thelma L $30,000
Previous Owner Harris Thelma L $17,558
Previous Owner Harris Thelma $18,284
Previous Owner Harris Thelma $32,700
Previous Owner Harris Thelma L $14,041
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $176,000 -- --
01/10/2022 01/10/22 Sold $176,000 -21.8% $131 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
10/25/2021 10/25/21 Price Changed $225,000 -21.7% $167 / Sq Ft
05/01/2021 05/01/21 Price Changed $287,500 -11.5% $214 / Sq Ft
10/26/2020 10/26/20 For Sale $325,000 -- $242 / 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 $2,359 $376,696 $231,980 $144,716
2023 $1,176 $274,574 $146,501 $128,073
2022 $1,090 $148,202 $146,501 $1,701
2021 $1,827 $257,213 $214,000 $43,213
2020 $1,797 $257,213 $214,000 $43,213
2019 $2,176 $263,960 $200,000 $63,960
2018 $2,001 $263,960 $200,000 $63,960
2017 $1,897 $263,960 $200,000 $63,960
2016 $1,858 $263,960 $200,000 $63,960
2015 $1,796 $255,771 $205,000 $50,771
2014 $1,703 $255,771 $205,000 $50,771
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Phyllis Turner

    Turner Real Estate Services

    (919) 608-4022

    1 in this area

    35 Total Sales

    Phyllis Turner
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    Non Member Office

See All Agents

Map

Source: Doorify MLS

MLS Number: 2350599

Doorify MLS

APN: 0689.03-44-1793-000

North Carolina Wake County Raleigh 27603 Middle Creek

8729 Lake Wheeler Rd, Raleigh, NC

This home is located at 8729 Lake Wheeler Rd, Raleigh, NC 27603 since 26 October 2020 and is currently estimated at $383,687, approximately $285 per square foot. 8729 Lake Wheeler Rd is a home located in Wake County with nearby schools including Banks Road Elementary School and Middle Creek High.

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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