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242 W Academy St, Wendell, NC, 27591

$950,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,031 SqFt
$468/SqFt
House
Schools Nearby

Location

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242 W Academy St, Wendell$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Parking Lot
Year Built1915
HeatingForced Air, Gas Pack
CoolingCentral Air, Gas Pack
ViewDowntown
MLS #10030631
Lot Size0.49 Acres
StatusActive

About 242 W Academy St

Own a unique part of Downtown Wendell. This property fronts 3 separate roads: Wendell Blvd, Marshburn Rd, and Academy St. It has a separate address for each building (242 W Academy and 3169 Wendell Blvd) and each has separate power and utilities. The first building is a 2000 sq ft fully renovated historic home, currently offered on VRBO as ''Cottage on the Boulevard''. With 5 years of successful rent roll on VRBO and Airbnb, this property brings in around 45k a year. It is currently zoned residential, but can be converted to commercial. The second building is zoned as an office/retail single tenant building that is 1632 sf. This building has also been fully renovated with 4 office/deck spaces, conference table, kitchen and eating area, a classroom that seats 20, and storage . The parking lot is behind this brick building so it does not restrict the parking of the rental house or guests which use the driveway on Academy St. These two buildings are only separated by 6-8 feet so they can not be divided or sold separately. They could easily be combined to create a 4000 sf building, or used as is. The brick building currently generates rental revenue, but could be used or rented out as a full time retail or office building. The property is not in the historic district, but benefits from a tax reduction from the age of the property. It is within walking distance of downtown Wendell and has high visibility due to its location on three of the main road interchanges. Showings will need to be arranged around guests as this is a very popular and successful VRBO rental.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1915
  • Living Area: 2,031 SqFt

Listing Office:

  • Office Name: NorthGroup Real Estate, Inc., Creekside Inc/Five County Real
  • Office Phone: (704) 412-2804, (919) 366-6600
  • Listing Agent: Amanda G Rivera, Amanda Rivera

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Flooring Type: Ceramic Tile, Hardwood, Luxury Vinyl
  • Interior: Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Smooth Ceilings

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Downtown
  • Exterior: Fence, Wood Fence, Porch/Covered, Porch Front, Porch, Porch Side

Parking Information:

  • Attached Garage: No
  • Parking: Additional Parking, Parking Lot

Lot Features

Lot Information:

  • Lot: City Lot, Level
  • Lot Size: 0.49 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Gas Pack
  • Cooling: Central Air, Gas Pack

School Info

Assigned Schools Information:

  • Wake Early College of Health and Science, Public District Grades 9-12
  • Wendell Middle School, Public District Grades 6-8
  • Wendell Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Take Wendell Blvd to corner of Academy and Wendell Blvd. On the corner of Wendell Blvd and Marshburn Rd also.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $468/SqFt

Tax Information:

  • Annual Amount: $2,136
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10030631

Listing Office:

  • Office Name: NorthGroup Real Estate, Inc., Creekside Inc/Five County Real
  • Office Phone: (704) 412-2804, (919) 366-6600
  • Listing Agent: Amanda G Rivera, Amanda Rivera

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/16/2024, 12:50:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 21, 2021Home Sold
$267,500
Jun 15, 2017Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,136$180,473
2020$2,115$180,473
2019$2,144$171,286
2018$2,077$171,286

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1563229
3
/10

  • Wendell Elementary School

  • 3355 Wendell Blvd

  • 0.10 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1563230
5
/10

  • Wendell Middle School

  • 3409 Nc Hwy 97

  • 1.62 miles

  • Public District Grades 6-8

High School

school-card-donut-1563231
10
/10

  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 11.81 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Frequently Asked Questions About 242 W Academy St

What is the listing price of this property?

The listing price of 242 W Academy St property is $950,000.

What type of property is this?

The property 242 W Academy St is a house located in Wendell, North Carolina, 27591.

Is this property for sale now?

Active Listing: 242 W Academy St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 242 W Academy St are:
Wendell Elementary School: GreatSchools Rating 3/10
Wendell Middle School: GreatSchools Rating 5/10
Wake Early College of Health and Science: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,136 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 21, 2021 for $267,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 242 W Academy St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 242 W Academy St is 2,031 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 242 W Academy St is 1915.

Rocket Homes›North Carolina›Wake County›Wendell›27591›242 W Academy St

This home is located at 242 W Academy St in Wendell, NC and zip code 27591. This 2,031 square foot home, which was built in 1915, sits on a 0.49 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $950,000.

From Rocket Homes Real Estate and based on county public records data.

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