1125 S. Main and 1137 S. Main are being sold together and the seller does not wish to separate them. This 1.88 acre tract of land is currently zoned GR3 (General Residential) but will be changed to commercial by the Town of Wake Forest before the end of the fiscal year (June 30, 2025). Per the town planning department, it will be zoned ''Neighborhood Commercial,'' currently referred to as ''Neighborhood Business (NB).'' The allowable uses are in the current NB zoning is under ''Neighborhood Mixed Use (NMX)'' and details are in the ''District Provisions Wake Forest UDO'' document in the document manager. The tract is located in the heart of Wake Forest near the intersection of Dr. Calvin Jones Highway (Hwy 98 Bypass) and South Main Street, two major arteries of traffic. It is located across the street from Lidl and just north of The Lodge at Wake Forest, an extended care facility. There is already a driveway on each property for access to South Main Street. No access will be permitted on Hwy 98 Bypass. Wake Forest, population 58,007 (2022) is a booming small town with population expected to be over 118,000 by 2040. The median household income is $115,159, nearly 70% higher than the media NC household, making it a destination for new businesses. There is a highly educated workforce with 57.8% or residents having a Bachelors Degree or higher. In addition, Wake Forest is part of the award-winning Wake County Public Schools system, the 15th largest district in the nation. There are 19 public schools, 9 charter schools and 6 private schools in Wake Forest. RDU Airport is only 40 minutes away from Wake Forest and there are over 600 flights on 14 major airlines to 48 non-stop destinations daily and seven international destinations daily. Recently, a $1.1 billion federal grant was awarded to revive passenger rail to Wake Forest for the construction of the S-Line from Raleigh to Wake Forest by 2030. North Carolina's income tax rate is the lowest in the United States at 2.5% and is scheduled to phase out entirely by 2030. The personal income tax rate is 4.75% and the sales tax in North Carolina is 7.25%. Out of 550 peers across North Carolina, Wake Forest is the 8th fastest growing municipality. The southern charm of the historic downtown and the walk through the historic homes in the North Main Street historic district will take you back to days gone by. Come discover Wake Forest's big city energy and small town charm.
Property Details
Property Features
Listing Office:
Office Name: Pate Realty Group
Office Phone: (919) 669-4575
Listing Agent: Brian M Pate
Exterior Features
Exterior Information:
View: City
Exterior: None
Lot Features
Lot Information:
Lot: City Lot, Few Trees, Gentle Sloping, Trees, Level, Near Public Transit, Rectangular Lot
Lot Size: 1.44 Acres
Other
Directions Information:
Directions: Intersection of Dr. Calvin Jones Hwy (Hwy 98 Bypass) and South Main Street. Southeast quadrant of intersection across the street from Alid.
Price Information
Listing Price Info
Price Summary:
List Price: $400,000
Tax Information:
Annual Amount: $957
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Wake Forest, NC.
Properties subject to prior sale, change, withdrawal or rental. 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. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 9:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$957
$87,360
2020
$956
$87,360
2019
$911
$77,600
2018
$881
$77,600
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Wake Forest Elementary School
136 W Sycamore Ave
Distance between this listing and this school0.79 miles
Public District Grades PK-5
6
/10
Heritage Elementary School
3500 Rogers Rd
Distance between this listing and this school1.38 miles
Public District Grades PK-5
4
/10
Forest Pines Drive Elementary School
11455 Forest Pines Dr
Distance between this listing and this school1.80 miles
Public District Grades PK-5
Nearby Schools
3
/10
Wake Forest Middle School
1800 S Main St
Distance between this listing and this school0.98 miles
Public District Grades 6-8
9
/10
Heritage Middle School
3400 Rogers Rd
Distance between this listing and this school1.21 miles
Public District Grades 6-8
6
/10
Wake Forest Charter Academy
1851 Friendship Chapel Rd
Distance between this listing and this school1.37 miles
Public Charter Grades KG-8
Nearby Schools
7
/10
Wake Forest High School
420 Stadium Dr
Distance between this listing and this school1.31 miles
Public District Grades 9-12
10
/10
North Wake College and Career Academy
931 Durham Rd
Distance between this listing and this school1.49 miles
Public District Grades 9-12
6
/10
Heritage High School
1150 Forestville Rd
Distance between this listing and this school1.78 miles
The neighbors living near this home have an average income of $66,325. Residents of Wake Forest, NC typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1125 S Main St
What is the listing price of this property?
The listing price of 1125 S Main St property is $400,000.
What type of property is this?
The property 1125 S Main St is land located in Wake Forest, North Carolina, 27587.
Is this property for sale now?
Active Listing: 1125 S Main St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $957 (source: MLS/based on county public records data).
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This home is located at 1125 S Main St in Wake Forest, NC and zip code 27587. This home sits on a 1.44 acre lot. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $400,000.
Over 15 listings were sold over their listed price in November 2024 in Wake Forest, NC. In the same period over 35 listings were sold below the listed price and 31 listings were sold for the listed price. In November 2024 in Wake Forest, NC there were 11.7% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $528,215, while the average time on the real estate market was 37 days.
From Rocket Homes Real Estate and based on county public records data.
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