See Home Value
Wake 27587
13004 Powell Road
$130,000
● House - Off Market

13004 Powell Road

Wake Forest, NC 27587
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,150 Ft²
$829
Est. Monthly

About This Property

Wake Forest Investor Opportunity - House + Adjoining Lot | Price Reduced $20,000 | Priced to Sell Back on the market! Property not at fault. This creates an excellent opportunity for the next investor to capitalize on a deal that's now priced $20,000 below its previous list price for a quick sale. Located just outside downtown Wake Forest with convenient access to Raleigh via US-1 and Capital Blvd., this investment includes a 3-bedroom, 1-bath home on a 0.37-acre lot plus an additional adjoining lot that is included in the sale, providing added flexibility and long-term value. The existing one-story home features a solid footprint that's ideal for a straightforward renovation. Whether you're looking to renovate and flip, renovate and hold as a rental, or explore the potential of the additional adjoining lot (buyer to verify all intended uses), this property offers multiple exit strategies that are difficult to find at this price point. This is a rare opportunity to acquire a home with an extra adjoining lot in one of Wake Forest's fastest-growing areas at a compelling price. With the recent $20,000 price reduction, the property is priced to sell immediately. Cash or hard money preferred. Serious inquiries only. Don't miss this second chance-schedule your showing today.
Unit Size
1,150 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$130
Property Type
House
Property Taxes
$92
HOA Dues
-
Year Built
1963

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Last updated: 3 months ago (TMLS #10175057)

Price History

Date / Event Date Event Price
Aug 5, 2026 Sold
Sold
Jul 29, 2026 In contract -
In contract
Jul 21, 2026 Relisted $149,900
Relisted
Jul 1, 2026 In contract -
In contract
Jun 18, 2026 Listed by Chosen Real Estate Group $169,900
Listed by Chosen Real Estate Group

Property Highlights


Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 24
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: POWELL LAND

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053902

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0052181
  • District: 14
  • Parcel: 1822.01-36-5280 0052181
  • Municipality: NEW LIGHT
  • Latitude: 36.0193
  • Longitude: -78.5821

    Address

  • Full Address: 13004 Powell Rd
  • Address - House Number: 13004
  • Address - Street Name: Powell
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R014
  • 4-Digit Zip Code: 9456
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $46,787
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 92
  • Final Value: 209,522
  • High Value: 228,384
  • Low Value: 190,661

    Market Valuation

  • Market Total Value: $113,384
  • Market Land Value: $51,000
  • Market Improvement Value: $62,384

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,384
  • Assessed Land Value: $51,000
  • Assessed Improvements Value: $62,384
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wake


Similar Homes for Sale

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Nearby Rentals

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$3,400 /mo

  • Studio
  • 3 Baths
  • 3,200 ft²
3658 Pleasants Ridge Drive, Wake Forest, NC, 27587 Listing by Debbie Rogers
Unit for rent at 7645 Hasentree Way, Wake Forest, NC, 27587

$4,000 /mo

  • 5 Beds
  • 4 Baths
7645 Hasentree Way #515, Wake Forest, NC, 27587 Listing by Jignesh Chandarana


Frequently Asked Questions

When was property at 13004 Powell Road built and last sold?
The property at 13004 Powell Road was built in 1963 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 13004 Powell Road is $175,491.
What are some comparable homes to 13004 Powell Road?
There are currently no comparable homes to 13004 Powell Road.