Last Sold Price
130,680 Lot Size3 Acres
4850 Lake Wheeler Rd, Raleigh, NC 27603

Description

FOR COMP PURPOSES. Vacant lot. Zoned R-40W. Former house removed. Road frontage on Penny Road but no driveway currently. Access easement from Lake Wheeler Rd.FOR COMP PURPOSES. Vacant lot. Zoned R-40W. Former house removed. Road frontage on Penny Road but no driveway currently. Access easement from Lake Wheeler Rd.
LISTING CLOSED: 06/14/2024 09:18 AM

Listing Agent

  1. Cara Pierce

    Cara Pierce

    Listing Agent

    Compass -- Raleigh

    P: (919) 274-6593

Property Details for 4850 Lake Wheeler Road

Status
MLS #
10035621
Taxes
$834 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Unimproved Land
Year Built
-
Lot Size
3.00 AC
View
Yes
Subdivision
Not in a Subdivision

Recent comparable sales

Median sold price

$150,000

Avg days on market

49

Sale-to-list ratio

66.0%

[Raleigh, NC]

9 comparable properties found

$250,000 | 2418 Kirk Avenue, Raleigh, NC 27603
1/8
1

$250,000

Sold 10/26/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.7
Acres
$77,800 | 5505 Old Spring Drive, Raleigh, NC 27606
1/4
2

$77,800

Sold 06/11/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.4
Acres
$62,200 | 5801 Heritage Lane, Raleigh, NC 27606
1/8
3

$62,200

Sold 06/11/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres
a view of a lush green forest
1/7
4

$150,000

Sold 07/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2
Acres
$8,000 | 0 Lake Wheeler Road, Raleigh, NC 27603
1/5
5

$8,000

Sold 07/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.23
Acres
$400,000 | 2124 Sunset Creek Lane, Raleigh, NC 27606
1/5
6

$400,000

Sold 02/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.76
Acres
a black and white photo of a small park
1/11
7

$228,960

Sold 04/07/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1
Acres
a view of a swimming pool with a trees
1/3
8

$90,000

Sold 03/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.28
Acres
$215,000 | 1614 Ellen Dawson Way, Raleigh, NC 27603
1/11
9

$215,000

Sold 04/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.04
Acres

Location

Add your commute

Building Information for 4850 Lake Wheeler Road

Lot Size3.00 AC

Payment Calculator

$1,213 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,144

Property Taxes

$70

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 4850 Lake Wheeler Road

Summary
Location and General Information
  • Directions: Near intersection with Penny Rd.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.714265
  • Longitude: -78.688179
  • Road Frontage Type: 2 Lane Road
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $834.00
  • Lot Number: 0
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: Yes
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Yates Mill
  • Middle Or Junior School: Wake - Dillard
  • High School: Wake - Athens Dr
Property
Lot Information
  • Lot Size Dimensions: 244 x 546 x 166 x 627
  • Parcel Number: 0791255056
  • List PriceAcre: 75000
  • Power Production YN: No
  • Road Frontage Length: 244
  • Sold PriceAcre: 75000
  • Sold PriceList Price: 1
Property and Assessments
  • Photos Count: 0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: None
  • Utilities: Electricity Available
  • Water Source: Well
  • Water_Sewer: Well, None, Electricity Available
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: Electricity Available
Agent
Sale and Listing
  • Property Type: Land
  • Property Class Name: Land

Property History for 4850 Lake Wheeler Road

DateEvent & SourcePriceAppreciation
Jun 14, 2024

Sold

TRIANGLEMLS #10035621

Jun 14, 2024

Pending

TRIANGLEMLS #10035621

Jun 13, 2024

Sold

TRIANGLEMLS #10035621

$225,000
DateEvent & SourcePrice
06/14/2024

Sold

TRIANGLEMLS #10035621

06/14/2024

Pending

TRIANGLEMLS #10035621

06/13/2024

Sold

TRIANGLEMLS #10035621

$225,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4850 Lake Wheeler Road

Taxable ValueLand$144,000Additions-Total$144,000
Tax Record2025$921 ($77 / month)
Home Facts
Beds0Total Finished SqFt1,675 SqFtAbove Grade Finished SqFt1,675 SqFtStories1Lot Size130,680 SqFtStyleMiscellaneous Vacant LandYear Built1983ZoningR-40WCountyWAKEAPN0791.01-25-5056 0114122

Schools near 4850 Lake Wheeler Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 13
Rating
School
Distance
Yates Mill Elementary
PublicPK to 5

Dillard Drive Middle
Public6 to 8

Athens Drive High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 27603

$547,000 | 480 Seastone Street, Raleigh, NC 27603
1/26

$547,000

5
Bedrooms
2,705
Square Feet
0.29
Acres
$269,900 | 750 Cupola Drive, Raleigh, NC 27603
1/29

$269,900

2
Bedrooms
1,396
Square Feet
0.03
Acres
$355,000 | 2205 Mariner Circle, Raleigh, NC 27603
1/37

$355,000

4
Bedrooms
1,483
Square Feet
0.32
Acres
$540,000 | 3727 Vesta Drive, Raleigh, NC 27603
1/39

$540,000

3
Bedrooms
2,656
Square Feet
0.41
Acres
$459,000 | 449 Seastone Street, Raleigh, NC 27603
1/44

$459,000

3
Bedrooms
2,420
Square Feet
0.24
Acres
$360,000 | 407 Lamesa Drive, Raleigh, NC 27603
1/15
Open: 8/17 09:00AM - 07:00PM

$360,000

3
Bedrooms
1,433
Square Feet
0.45
Acres
$1,275,000 | 317 Black Caviar Way, Raleigh, NC 27603
1/34
Open: 8/22 02:00PM - 05:00PM

$1,275,000

4
Bedrooms
3,664
Square Feet
0.69
Acres
$825,000 | 508 Grand Prince Lane, Raleigh, NC 27603
1/41

$825,000

4
Bedrooms
3,686
Square Feet
0.93
Acres
$539,000 | 1214 Ileagnes Road, Raleigh, NC 27603
1/20
Open: 8/17 09:00AM - 07:00PM

$539,000

4
Bedrooms
2,750
Square Feet
0.12
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4850 Lake Wheeler Road, Raleigh, NC 27603
$225,000
130,680
$525,000
3
3,197
117,612
$530,000
3
1,991
40,510
$560,000
4
4,250
60,984
$540,000
4
4,127
40,510
$400,000
1,545
62,291

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

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. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.