Wake County land in the heart of Wake Forest! 5.97 unrestricted and vacant land ready for your vision. Highest and best use is 1-2 single family homes creating a private homestead with enjoyment of nature yet close to downtown Wake Forest. Zoned R-80W. Access through The Reserve at Bishops Grant from the south. Neighboring the Wake Forest Reservoir to the West (recreation use only). North and East adjacent lots are private ownership with conservation history. Call Listing agent for questions and to schedule a showing.
Property Details
Property Features
Listing Office:
Office Name: Next Stage Realty
Office Phone: (919) 533-9797
Listing Agent: Shelley Welch
Lot Features
Lot Information:
Lot Size: 5.97 Acres
Other
Directions Information:
Directions: US-1 North/Capital Blvd to N Carolina 98 Bypass E in WF Approx. 1 mile Left on Middlegame Way to Bishops Grant Sub .4 mi turn right on Strategy Ln- first left onto Reserve Estates Dr .2 mi Left on Sterling Lake Dr. Griffin Farm straight ahead.
Price Information
Listing Price Info
Price Summary:
List Price: $745,000
Tax Information:
Annual Amount: $1,126
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
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: 11/21/2024, 12:20:56 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
$1,126
$157,340
2020
$729
$157,340
2019
$745
$153,294
2018
$1,110
$153,294
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,786
Per Month
Principal & Interest
$3,719
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,300
Powered By
Advertisement
NMLS#3030
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
9
/10
Jones Dairy Elementary School
1100 Jones Dairy Rd
Distance between this listing and this school2.15 miles
Public District Grades PK-5
4
/10
Wake Forest Elementary School
136 W Sycamore Ave
Distance between this listing and this school2.16 miles
Public District Grades PK-5
7
/10
Youngsville Elementary School
125 US I-A
Distance between this listing and this school2.87 miles
Public District Grades KG-5
Nearby Schools
9
/10
Envision Science Academy
590 Traditions Grande Blvd
Distance between this listing and this school0.55 miles
Public Charter Grades KG-8
6
/10
Wake Forest Charter Academy
1851 Friendship Chapel Rd
Distance between this listing and this school1.48 miles
Public Charter Grades KG-8
9
/10
Heritage Middle School
3400 Rogers Rd
Distance between this listing and this school2.96 miles
Public District Grades 6-8
Nearby Schools
7
/10
Franklin Academy
1127 Chalk Rd
Distance between this listing and this school1.81 miles
Public Charter Grades KG-12
7
/10
Wake Forest High School
420 Stadium Dr
Distance between this listing and this school2.23 miles
Public District Grades 9-12
6
/10
Heritage High School
1150 Forestville Rd
Distance between this listing and this school3.39 miles
The neighbors living near this home have an average income of $64,603. Residents of Wake Forest, NC typically earn between $35k-100k each year. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5021 Griffin Farm Ln
What is the listing price of this property?
The listing price of 5021 Griffin Farm Ln property is $745,000.
What type of property is this?
The property 5021 Griffin Farm Ln is land located in Wake Forest, North Carolina, 27587.
Is this property for sale now?
Active Listing: 5021 Griffin Farm Ln 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 $1,126 (source: MLS/based on county public records data).
How much acreage is this property?
The property 5021 Griffin Farm Ln is 5.97 acres.
Interested in 5021 Griffin Farm Ln? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5021 Griffin Farm Ln in Wake Forest, NC and zip code 27587. This home sits on a 5.97 acre lot. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $745,000.
While more than 15 listings in Wake Forest, NC in October 2024 were sold above asking price, there were more than 47 listings sold at asking price, and more than 65 were sold below. The number of listings in Wake Forest, NC decreased by 4.8% between September 2024 and October 2024. Listings spent 49 days on the market in October 2024, and had a median list price of $533,564 during the same period.
From Rocket Homes Real Estate and based on county public records data.