2 months on rocket

724 E Nelson Ave, Wake Forest, NC, 27587

$394,500

Home List Price

$4,685*

Closing Credit

4 Bedrooms
2 Full Baths
2,191 SqFt
$180/SqFt
House

Location

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724 E Nelson Ave, Wake Forest$394,500

Buyer Closing Credits

$4,685*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Driveway, Garage, Garage Faces Front, Gravel
Attached Garage4 spaces
Year Built1949
HeatingForced Air
CoolingCeiling Fan(s), Central Air, Electric
MLS #10052903
Lot Size0.25 Acres
StatusActive

About 724 E Nelson Ave

Welcome to your new dream home at 724 E. Nelson Avenue in the heart of downtown Wake Forest! This beautifully renovated 4-bedroom, 2-bathroom gem blends modern convenience with charming character, making it the perfect place to create lasting memories. A bright and airy open ranch floorplan offers space for entertaining and enjoying family moments. The home features stainless appliances, granite countertops, tile walk-in shower, four generously sized bedrooms, a walk-in closet as well as flex office space for workouts, crafts, gaming or a music studio. Parking is a breeze with an expansive 4-car garage and two separate driveways. The front yard is fully fenced, ideal for children and pets to play safely. A raised-bed garden invites you to grow your own fresh herbs and vegetables. Relax with friends and refreshments on the covered front porch. A nearly invisible handicap ramp is tastefully blended within the porch and offers ease of accessibility for visitors from a second vehicle entrance. Located just minutes from the vibrant downtown WF area, you'll enjoy the best of both worlds—peaceful living with quick access to local shops, grocery, dining, top charter schools, city bus route and entertainment. Don't miss your chance to call this exceptional property your new home!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, Traditional
  • Year Built: 1949
  • Living Area: 2,191 SqFt

Listing Office:

  • Office Name: TRUE SOUTH REAL ESTATE LLC
  • Office Phone: (954) 501-9979
  • Listing Agent: Carrie Hennessey, Carrie Richardson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Microwave, Water Heater
  • Flooring Type: Luxury Vinyl, Tile
  • Interior: Bathtub/Shower Combination, Granite Counters, Kitchen Island, Kitchen/Dining Room Combination, Walk-In Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence, Front Fence, Porch/Covered, Porch Front, Storage, Other

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Additional Parking, Driveway, Garage, Garage Faces Front, Gravel

Lot Features

Lot Information:

  • Lot: Front Yard, Trees
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s), Central Air, Electric

Other

Directions Information:

  • Directions: From Raleigh: Take Capital Blvd to N Carolina 98 Bypass E in Wake Forest Continue on N Carolina 98 Bypass E. Take S Franklin St and N Allen Rd to E Nelson Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $394,500
  • Price Per SqFt: $180/SqFt

Tax Information:

  • Annual Amount: $2,062
  • 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

724 E Nelson Ave vs Wake Forest

67 DAYS ON ROCKET

+18 Days

$394,500

-$139K Less

$180/SqFt

-$32 Less

KEY TAKEAWAY

This property is $139K less than the Median Sold Price and $32/SqFt less than other homes in Wake Forest, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10052903

Listing Office:

  • Office Name: TRUE SOUTH REAL ESTATE LLC
  • Office Phone: (954) 501-9979
  • Listing Agent: Carrie Hennessey, Carrie Richardson

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, 11:50:55 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

Aug 26, 2021Home Sold
$220,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,062$186,497
2020$2,062$186,497
2019$1,587$133,447
2018$1,535$133,447

History based on county public records data.

Payment Calculator

$2,036

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,249

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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-505782
4
/10
  • Wake Forest Elementary School

  • 136 W Sycamore Ave

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-505783
7
/10
  • Richland Creek Elementary School

  • 840 Wallridge Dr

  • 2.03 miles

  • Public District Grades PK-5

school-card-donut-505784
6
/10
  • Heritage Elementary School

  • 3500 Rogers Rd

  • 2.42 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,609. Typical income of Wake Forest, NC residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 724 E Nelson Ave

What is the listing price of this property?

The listing price of 724 E Nelson Ave property is $394,500.

What type of property is this?

The property 724 E Nelson Ave is a house located in Wake Forest, North Carolina, 27587.

Is this property for sale now?

Active Listing: 724 E Nelson Ave 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 $2,062 (source: MLS/based on county public records data).

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

The last sale was on August 26, 2021 for $220,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 724 E Nelson Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 724 E Nelson Ave is 2,191 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 724 E Nelson Ave is 1949.

Rocket Homes›North Carolina›Wake County›Wake Forest›27587›724 E Nelson Ave

This home is located at 724 E Nelson Ave in Wake Forest, NC and zip code 27587. This 2,191 square foot home, which was built in 1949, sits on a 0.25 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $394,500.

Wake Forest, NC housing market in October 2024 saw over 15 listings sold above listed price, more than 47 sold at listed price and over 65 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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