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Sold for $240,000
  • $240,000

    709 Wait Ave, Wake Forest, NC 27587

    2beds
    922sqft
    Single Family Residence, Residential
    Built in 1948
    0.9 Acres Lot
    $240,000 Zestimate®
    $260/sqft
    $1,603 Estimated rent

    Home value

    $240,000

    $228,000 - $252,000

    $1,603/mo

    Zestimate® history
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    $1,502/mo

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    What's special

    All-brick ranchDetached workshopSignificant acreage
    Calling all visionaries, renovators, and custom builders! Located in the heart of Downtown Wake Forest, this all-brick ranch is a rare opportunity to secure a hard-to-come-by property in a prime location. Whether you are dreaming of a ''Chip and Joanna'' style total rehab or planning to bring the demolition crew and your blueprints for a custom estate, the potential here is limited only by your imagination. While the home includes a detached workshop and carport, the true crown jewel is the expansive .9-acre lot--a size almost never seen this close to the downtown core. Enjoy the freedom of significant acreage without sacrificing the walkability of city living. You are just a short stroll from local favorites like Black & White Coffee Roasters, The Cotton Company, and the various boutiques along the historic White Street district. Grab a burger at The Burger Shop or enjoy a night out at White Street Brewing, all while being minutes from your own private nearly-acre retreat. This is a ''once-in-a-generation'' opportunity to build or renovate in one of the Triangle's most charming areas. Sold ''as-is,'' this is the ultimate canvas for your next big project.

    Zillow last checked:

    Listing updated:

    Listed by:

    Renee Hillman,

    EXP Realty LLC

    Bought with:

    Laura Lennon, 199104

    RE/MAX Capital

    Source: Doorify MLS,MLS#: 10160119MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range
    Features
    • Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen
    • Flooring: Carpet, Hardwood, Vinyl
    Interior area
    • Total structure area: 922
    • Total interior livable area: 922 sqft
    • Finished area above ground: 922
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport, Detached Carport, Driveway
    • Carport spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch, Rear Porch
    • Has view: Yes
    Lot
    • Size: 0.90 Acres
    • Features: Back Yard, City Lot, Cleared, Landscaped, Level
    Details
    • Additional structures: Shed(s), Workshop
    • Parcel number: 184120707599000 0003129
    • Zoning: GR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick
    • Foundation: Brick/Mortar
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1948
    • Major remodel year: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Wake Forest
    • Subdivision: Not in a Subdivision

    Price history

    DateEventPrice
    6/18/2026Sold$240,000-12.7%$260/sqft
    Source: Doorify MLS #10160119 Report a problem
    5/23/2026Pending sale$275,000$298/sqft
    Source: Doorify MLS #10160119 Report a problem
    5/6/2026Listed for sale$275,000$298/sqft
    Source: Doorify MLS #10160119 Report a problem
    4/19/2026Pending sale$275,000$298/sqft
    Source: Doorify MLS #10160119 Report a problem
    4/15/2026Listed for sale$275,000$298/sqft
    Source: Doorify MLS #10160119 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,112 +0.4%$223,217
    2024$2,104 +72.2%$223,217 +115.8%
    2023$1,222 +4.2%$103,440
    2022$1,173 +1.7%$103,440
    2021$1,153 $103,440
    2020$1,153 +28.4%$103,440 +46.3%
    2019$898 $70,728
    2018$898 +9.1%$70,728
    2017$823 $70,728
    2016-- $70,728 -12%
    2015$932 +3.3%$80,359
    2014$902 $80,359
    2013-- $80,359
    2012-- $80,359
    2011-- $80,359
    2010-- $80,359
    2009-- $80,359
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --

    Find assessor info on the county website

    Neighborhood: 27587

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Richland Creek Elementary School
    • Middle: Wake - Wake Forest Middle School
    • High: Wake - Wake Forest High School

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
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    Estimated market value
    $240,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $240,000