See Home Value
Wake 27591
7100 Lake Myra Road
$98,000
● House - Off Market

7100 Lake Myra Road

Wendell, NC 27591
bedrooms
1 Bed
bathrooms
1 Bath
square feet
743 Ft²
$389
Est. Monthly
29.29%
Cap Rate

About This Property

OPPORTUNITY and POTENTIAL!!! Investors welcome! This 1 bedroom, 1 bath home sits on an acre of land and overlooks the water. Large rocks add to the scene and natural feel.

The home needs work, and is being sold as-is.  Bring your vision to this one - Rehab and enjoy a getaway spot, renovate as a rental, or tear it down and start anew with a water view!

Multiple offers have been received.  The sellers have requested highest and best by 9am ET Friday, 2/9/24.
Unit Size
743 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$101
Property Type
House
Property Taxes
$21
HOA Dues
-
Year Built
1962

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Last updated: 2 years ago (TMLS #10010244)

Price History

Date / Event Date Event Price
Jan 3, 2025 Sold
Sold
Dec 5, 2024 In contract -
In contract
Nov 29, 2024 Listed by Compass -- Raleigh $200,000
Listed by Compass -- Raleigh
Investors, we have a great (2) bedroom home located on a private pond with the lot size of (1) acre. This home offers a beautiful place full of peaceful privacy. The ranch style design provides an ease of living. Interior has been updated with additional rooms however the septic permit is only for (2) bedrooms. This is a great buy for investors as it is rented for $2,200 a month. Seller is motivated to sell quickly.
Feb 22, 2024 Sold
Sold
Feb 7, 2024 Listed by HomeTowne Realty $75,000
Listed by HomeTowne Realty
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Property Highlights


Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1970
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 663
  • Building Area: 663
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 663
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARY W LIVENGOOD
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: STRICKLAND LD

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054402

Zoning

  • Zoning: R-30

Geography

  • Account Number: 0053368
  • District: 10
  • Parcel: 1772.01-49-6514 0053368
  • Municipality: MARKS CREEK
  • Latitude: 35.7532
  • Longitude: -78.4115

    Address

  • Full Address: 7100 Lake Myra Rd
  • Address - House Number: 7100
  • Address - Street Name: Lake Myra
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wendell
  • Carrier Code: R006
  • 4-Digit Zip Code: 9669
  • Zip Code: 27591

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,763

    Appraisal Valuation

  • Standard Deviation: 0.0916
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 92
  • Final Value: 105,993
  • High Value: 115,709
  • Low Value: 96,277

    Market Valuation

  • Market Total Value: $58,391
  • Market Land Value: $34,000
  • Market Improvement Value: $24,391

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,391
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $24,391

    Sales

  • Current Sale Contract Date: Feb 20, 2024
  • Current Sale Recording Date: Feb 22, 2024
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 24, 1994
  • Previous Sale Contract Date: Aug 24, 1994
  • Previous Sale Amount: $51,000
  • Previous Sale Document Type: 27
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

Unit for rent at 276 Douglas Falls Drive, Wendell, NC, 27591

$1,995 /mo

  • 3 Beds
  • 2 Baths
276 Douglas Falls Drive, Wendell, NC, 27591 Listing by Shanta Jackson


Frequently Asked Questions

When was property at 7100 Lake Myra Road built and last sold?
The property at 7100 Lake Myra Road was built in 1962 and last sold on Feb 20, 2024 for $98,000.
How much is this home worth?
The estimated value of the home located at 7100 Lake Myra Road is $0.
What are some comparable homes to 7100 Lake Myra Road?
There are currently no comparable homes to 7100 Lake Myra Road.