See Home Value
Wake 27587
2412 Purnell Road Road
$300,000
● House - Off Market

2412 Purnell Road Road

Wake Forest, NC 27587
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,088 Ft²
$1,669
Est. Monthly
5.64%
Cap Rate

About This Property

Great Wake Forest location! Large lot, approx 2 +/-Acres no HOA and several out buildings to include a shop and large carport. Plenty of room for parking a boat or horse trailer, there is even room for parking a winnebago. Bring your imagination! This property allows both large and small animals. There is  room for small paddocks or a paddock and riding ring  Currently 2/3 of the property is vacant, large road frontage to include a wooded area. The home has a smaller foot print but boast large rooms and a huge kitchen with 2 Refirgerators/Freezers, perfect for a ''chef''  or a prepper! The kitchen is open to the large living area with hardwood floors. There is plenty of room fo add on if looking for a larger home, but the lot and the location are hard to beat. The home is being sold ''as is'' There are.a few limitations that will keep the home from qualifying under loan requirements.(1) Siding not complete in one exterior  area.. (2) Kitchen bar area has exposed studs, (3) Interior wall was changed, ceiling electrical is grounded but no sheetrock. Some of the work may or may not have been permitted, none  of record. NO septic permit is available. Home was built on or around 1950 . There was a septic permit pulled for a 3 bdrm trailer and installed,  but the trailer burned and septic system for that unit was removed. Home has 1 septic, 2 wells. A great opportunity for a mini farm.  Most of the needs are cosmetic Newer A/C, (2022 unit date) newer carport w/storage, and a separate shop.Please call listing agent with specific questions.

*Please note this home is being sold as part of an estate, the Real Estate Attorney, Nick Karr with The North Carolina Real Estate Law Firm has been working with the seller on this. He would be a preferred attorney  since he has preformed part of the title work already.

Adorn Realty does not hold Earnest Monies
Unit Size
1,088 Ft²
Days on Market
-
Land Size
2.14 acres
Price per sqft
$299
Property Type
House
Property Taxes
$73
HOA Dues
-
Year Built
1955

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #10027319)

Price History

Date / Event Date Event Price
Sep 23, 2024 Sold
Sold
May 2, 2024 Listed by Adorn Realty $325,000
Listed by Adorn Realty
Great Wake Forest location! Large lot, approx 2 +/-Acres no HOA and several out buildings to include a shop and large carport. Plenty of room for parking a boat or horse trailer, there is even room for parking a winnebago. Bring your imagination! This property allows both large and small animals. There is room for small paddocks or a paddock and riding ring Currently 2/3 of the property is vacant, large road frontage to include a wooded area. The home has a smaller foot print but boast large rooms and a huge kitchen with 2 Refirgerators/Freezers, perfect for a ''chef'' or a prepper! The kitchen is open to the large living area with hardwood floors. There is plenty of room fo add on if looking for a larger home, but the lot and the location are hard to beat. The home is being sold ''as is'' There are.a few limitations that will keep the home from qualifying under loan requirements.(1) Siding not complete in one exterior area.. (2) Kitchen bar area has exposed studs, (3) Interior wall was changed, ceiling electrical is grounded but no sheetrock. Some of the work may or may not have been permitted, none of record. NO septic permit is available. Home was built on or around 1950 . There was a septic permit pulled for a 3 bdrm trailer and installed, but the trailer burned and septic system for that unit was removed. Home has 1 septic, 2 wells. A great opportunity for a mini farm. Most of the needs are cosmetic Newer A/C, (2022 unit date) newer carport w/storage, and a separate shop.Please call listing agent with specific questions. *Please note this home is being sold as part of an estate, the Real Estate Attorney, Nick Karr with The North Carolina Real Estate Law Firm has been working with the seller on this. He would be a preferred attorney since he has preformed part of the title work already. Adorn Realty does not hold Earnest Monies

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 4
  • Building Style: 15
  • Exterior Walls Type: 7
  • 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: 87,120
  • Total Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,088
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HORSECREEK SURVEY
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: MANGUM LD

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054203

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0034916
  • District: 19
  • Parcel: 1832.04-72-1447 0034916
  • Municipality: WAKE FOREST
  • Latitude: 36.0091
  • Longitude: -78.5366

    Address

  • Full Address: 2412 Purnell Rd
  • Address - House Number: 2412
  • Address - Street Name: Purnell
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R014
  • 4-Digit Zip Code: 9461
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $90,170

    Appraisal Valuation

  • Standard Deviation: 0.0968
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 91
  • Final Value: 229,900
  • High Value: 252,175
  • Low Value: 207,625

    Market Valuation

  • Market Total Value: $122,086
  • Market Land Value: $70,000
  • Market Improvement Value: $52,086

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $122,086
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $52,086
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

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 2412 Purnell Road built and last sold?
The property at 2412 Purnell Road was built in 1955 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2412 Purnell Road is $0.
What are some comparable homes to 2412 Purnell Road?
There are currently no comparable homes to 2412 Purnell Road.