NOT LISTED FOR SALE

8729 Territory Trail New Light, NC 27587

Falls Lake Neighborhood

Estimated Value: $234,000 - $300,000

5.64 Acres
$47,340 Price per Acre
245,678 Sq Ft Lot

Last Sold October 14, 2021

Last sale price $200,000

Est. 34% increase in value since last sale

Current estimated payment $1,474/month

130 Days on Market

Highlights

  • 5.64 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Pleasant Union Elementary School Rated A

About This Lot

As of October 2021

Lots this close to the lake are becoming harder and harder to find. Within minutes of various lake amenities, but also tucked away in a well established subdivision Sutherland. Need to be close to town? This offering is with 15 minutes of downtown Wake Forest which can satisfy all your shopping needs. Commute to Raleigh for work? No worries. Straight shot to New Light which turns into Six Forks, be in North Raleigh within 15 minutes and downtown Raleigh in 30 to 40 minutes!

Last Agent to Sell the Property

Alex Bailey

Julie Wright Realty Group LLC License #317335 Listed on: 02/22/2021

Last Buyer's Agent

Katherin Burnette

Keller Williams Legacy License #174244

Keller Williams Legacy

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $704

Lot Details

  • 5.64 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned R-80W

Schools

  • Pleasant Union Elementary School
  • Wakefield Middle School
  • Wakefield High School

Utilities

  • Well Required
  • Septic Needed
  • Cable TV Available

Community Details

  • Sutherland Subdivision
  • The community has rules related to alterations or architectural changes

Property Details

Property Type

Land

Est. Annual Taxes

$704

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Sutherland
  • General Property Information Lot Size Dimensions: See Recorded Plat
  • Utilities Cable Available: Yes
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Restrictions Architectural Review: Yes
  • Water Source Need Well: Yes
  • General Property Information Lot Size Acres: 5.644
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 5.64
  • Lot Features:Wooded: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Water Source: Need Well

Schools

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

Lot Info

  • Zoning: R-80W
  • Current Use: Unimproved, Vacant
  • Lot Dimensions: See Recorded Plat
  • Lot Size Sq Ft: 245852.64
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: BM 2007 PG 1714

MLS Schools

  • Elementary School: Wake - Pleasant Union

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $200,000 -- --
10/14/2021 10/14/21 Sold $200,000 -11.1% --
07/02/2021 07/02/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $225,000 -- --
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
2023 $704 $90,240 $90,240 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2368688

Doorify MLS

APN: 1812.01-19-5517-000