11 months on rocket

7137 Winding Way, Wake Forest, NC, 27587

$500,000

2.75 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
ViewNone
MLS #10003433
Lot Size2.75 Acres
StatusActive

About 7137 Winding Way

In Wake Forest, large tracts or lots are not easily found these days . This is an exceptional 2.75-acre parcel of land that has recently been made available for sale, presenting a unique opportunity similar to those found in the esteemed Wakefield, Heritage and Northridge areas. This sizable plot is nestled in a private secluded area of Wake forest. The land promises an array of possibilities for potential buyers, whether they are looking to build their dream home and invest in real estate. In today's market it is not uncommon for an older home in these areas to be purchased at market value only to be torn down and a newer style home is built that would double or triple the property's value. The Wakefield, Heritage and Northridge areas are examples of this kind of purchase and resale strategy. Celebrated for their lush landscapes, elegant homes, and top-tier amenities, including golf courses, swimming pools, and clubhouses, all of which contribute to a luxurious and comfortable lifestyle. The available 2.75-acre land in Wake Forest shares the same desirable attributes, offering a blank canvas on which the new owner can bring their vision to life. This piece of land stands out not only for its size and potential but also for its location within a thriving community that values outdoor activities, community events, and a close-knit neighborhood feel. Investing in this land means more than just purchasing a piece of property; it's about becoming part of a distinguished area known for its quality of living, natural beauty, and proximity to essential amenities such as schools, shopping centers, and healthcare facilities. It represents an opportunity to create a personal or investment project that aligns with the high standards of its surrounding areas, making it a valuable and promising venture for anyone looking to make a meaningful investment in Wake Forest. The former home was removed and there is a well on the property and a septic system, both of which the conditions are unknown. Town of Wake Forest says they can extend water and sewer to the lot, at the buyers expense.

Property Details

Property Features

Listing Office:

  • Office Name: Silver Star Real Estate
  • Office Phone: (919) 801-1699
  • Listing Agent: Scott Lerew

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Other, See Remarks

Lot Features

Lot Information:

  • Lot: Agricultural, Back Yard, Private, Secluded, See Remarks, Driveway
  • Lot Size: 2.75 Acres

Other

Directions Information:

  • Directions: From Wake Forest NC 98 Hwy east to Winding way on your left, follow to end.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

Tax Information:

  • Annual Amount: $1,798
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Wake Forest, NC.

Med. Sold Price

$533.5K

Med. Price/SqFt

$212

Avg. Days On Market

49

# of Sold Homes

127

7137 Winding Way vs Wake Forest

330 DAYS ON ROCKET

+281 Days

$500,000

-$33.5K Less

KEY TAKEAWAY

This property is $33.5K less than the Median Sold Price in Wake Forest, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10003433

Listing Office:

  • Office Name: Silver Star Real Estate
  • Office Phone: (919) 801-1699
  • Listing Agent: Scott Lerew

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.

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, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 13, 2018Home Sold
$256,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,798$253,021
2020$1,768$253,021
2019$1,767$232,844
2018$1,676$232,844

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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.

Nearby Schools

school-card-donut-420095
9
/10
  • Jones Dairy Elementary School

  • 1100 Jones Dairy Rd

  • 1.47 miles

  • Public District Grades PK-5

school-card-donut-420096
4
/10
  • Wake Forest Elementary School

  • 136 W Sycamore Ave

  • 2.61 miles

  • Public District Grades PK-5

school-card-donut-420097
6
/10
  • Heritage Elementary School

  • 3500 Rogers Rd

  • 3.01 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,603. The most common annual income of people living in Wake Forest, NC is between $35k-100k. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7137 Winding Way

What is the listing price of this property?

The listing price of 7137 Winding Way property is $500,000.

What type of property is this?

The property 7137 Winding Way is land located in Wake Forest, North Carolina, 27587.

Is this property for sale now?

Active Listing: 7137 Winding Way 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 $1,798 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 13, 2018 for $256,000. (source: MLS/tax record).

How much acreage is this property?

The property 7137 Winding Way is 2.75 acres.
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Rocket HomesNorth CarolinaWake CountyWake Forest275877137 Winding Way

This home is located at 7137 Winding Way in Wake Forest, NC and zip code 27587. This home sits on a 2.75 acre lot. It has been listed on Rocket Homes since December 27, 2023 and is currently priced at $500,000.

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 inventory of homes for sale in Wake Forest, NC between September 2024 and October 2024 decreased by 4.8%. While the average time on the market in October 2024 was 49 days, the median list price was $533,564.

From Rocket Homes Real Estate and based on county public records data.

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