Residential > House
Active
05/20/2024
List Price
$950,000$468/ft²
242 Academy St
Wendell, NC 27591
- 3Beds
- 3Baths
- 2,031ft²Living Area
- 0.5acLot Size
- -Pool
- 10Car
- 1915Year Built
- 119DOM
- 1Permit
242 Academy St, Wendell, NC 27591 is a 3 bed, 3 bath, 2,031 ft² house built in 1915 on a 0.490 acre lot with 1 construction permit. This house is currently for sale for $950,000, and it was last sold in 2021 for $267,500. The latest TopHap estimate of the house's value is $325,821.
Property Valuations
Latest estimates for 242 Academy St based on TopHap automated valuation model (AVM).
TopHap Estimate
$325,821
$162/ft²
-$624K below List Price
Updated 7 months ago
242 Academy St is valued at $325,821 by TopHap AVM 7 months ago.
MLS Description
The listing agent's description. Original Listing
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. 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.
Listing Agents
The listing agent for 242 Academy St is Amanda G Rivera.
AG
Amanda G Rivera
NorthGroup Real Estate, Inc.
Phone: (704) 412-2804
Permits
242 Academy St has 1 permit records of total value of $60,000.
Permit History
1
Permits
$60,000
Total Permit Value
April 13, 2018
Description: Renovate kitchen and bathroom. Structural changes to 2 walls and trades. From wend blvd heading west left academy.remodel kit and bathroomJob Value: $60,000Status: completeType: Residential - alterationBusiness Name: Chamberlain & S; Faison Plumbing; Simplified Construction Llc; Williams HeatinFees: $238Effective Date: 2018-04-13Permit Number: 0180321
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$2,350.37From latest Total Assessed Value1.3%Total Assessed Value$180,473=Land+
Assessed Value$128,704Additions
Assessed Value$51,769
In 2023, taxes billed for 242 Academy St were $2,350.37, which is 1.30% from latest Total Assessed Value of $180,473.
Property History
242 Academy St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 242 Academy St
Hazard Risks
Hurricane229Weather145Nat'l Avg100Wind99Particulates88Hail87Ozone76Air Pollution76Carb Mono67Tornado63Lead47Earthquake42
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 242 Academy St.
Walkability Index
7 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
242 Academy St has a walkability score of 7 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
31°F
High
53°F
Summer
Average
Low
66°F
High
88°F
In the winter at 242 Academy St, temperatures range from 31.28°F to 53.23°F with an average of 42.26°F. In the summer, the temperature ranges from 66.46°F to 87.92°F with and average of 77.19°F.
School Information
Public/private schools serving 242 Academy St
Public Schools
Wendell Elementary School
Grades: KG-5
0.11 mi
C-
Wendell Middle School
Grades: 6-8
1.68 mi
C-
Wake Early College of Health and Science
Grades: 9-12
11.82 mi
A+
Wake STEM Early College High School
Grades: 9-12
16.46 mi
A+
Wake Young Women's Leadership Academy
Grades: 6-12
16.07 mi
A
Wake Young Men's Leadership Academy
Grades: 6-12
14.36 mi
A-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 242 Academy St have ratings undefined, undefined, undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in 27591.
Seasonal Housing units 27591
8%of housing is for seasonal rent.
Daytime Population for 27591
-13%of people during work hours.
Boundary map of 27591.
Crime Index for 27591
97
97
The crime index in 27591 is 97, which is 1.0 times lower than national average.
Market Trends
Historical market data near 242 Academy St over selected time period.
Nearby Properties on Academy St
- 15 W Academy St, Wendell, NC 27591 is a 972 square foot, 1 bathroom, 0.16 acre property. It was built in 1948 and has an estimate of $166,203 with a price per ft² of $171.
- 19 W Academy St, Wendell, NC 27591 is a 896 square foot, 1 bathroom, 0.16 acre property. It was built in 1948 and has an estimate of $250,668 with a price per ft² of $280.
- 23 W Academy St, Wendell, NC 27591 is a 1,042 square foot, 1 bathroom, 0.15 acre property. It was built in 1948 and has an estimate of $158,321 with a price per ft² of $152.
- 112 W Academy St, Wendell, NC 27591 is a 1,289 square foot, 1 bathroom, 0.26 acre property. It was built in 1947 and has an estimate of $195,645 with a price per ft² of $152.
- 300 E Academy St, Wendell, NC 27591 (Pepper Pointe) is a 1,647 square foot, 2 bathroom, 0.22 acre property. It was built in 2006 and has an estimate of $480,877 with a price per ft² of $292.
- 429 W Academy St, Wendell, NC 27591 is a 1,312 square foot, 1 bathroom, 0.23 acre property. It was built in 1953 and has an estimate of $357,281 with a price per ft² of $272.
- 15 E Academy St, Wendell, NC 27591 is a 1,056 square foot, 1 bathroom, 0.24 acre property. It was built in 1972 and has an estimate of $256,229 with a price per ft² of $243.
- 9 E Academy St, Wendell, NC 27591 is a 1,752 square foot, 2 bathroom, 0.5 acre property. It was built in 1960 and has an estimate of $350,502 with a price per ft² of $200.
- 26 W Academy St, Wendell, NC 27591 is a 1,964 square foot and 0.35 acre property. It was built in 1912 and has an estimate of $215,300 with a price per ft² of $110.
- 323 W Academy St, Wendell, NC 27591 is a 1,851 square foot, 2 bathroom, 0.15 acre property. It was built in 1945 and has an estimate of $196,700 with a price per ft² of $106.
- 115 E Academy St, Wendell, NC 27591 is a 1,854 square foot, 2 bathroom, 0.41 acre property. It was built in 1955 and has an estimate of $322,302 with a price per ft² of $174.
- 114 E Academy St, Wendell, NC 27591 is a 1,091 square foot, 2 bathroom, 0.26 acre property. It was built in 1950 and has an estimate of $274,814 with a price per ft² of $252.
- 120 W Academy St, Wendell, NC 27591 is a 1,125 square foot, 1 bathroom, 0.19 acre property. It was built in 1960 and has an estimate of $190,622 with a price per ft² of $169.
- 426 W Academy St, Wendell, NC 27591 is a 1,040 square foot, 1 bathroom, 0.22 acre property. It was built in 1950 and has an estimate of $180,484 with a price per ft² of $174.
- 445 W Academy St, Wendell, NC 27591 is a 1,050 square foot, 1 bathroom, 0.16 acre property. It was built in 1950 and has an estimate of $238,112 with a price per ft² of $227.
- 502 W Academy St, Wendell, NC 27591 is a 1,040 square foot, 1 bathroom, 0.24 acre property. It was built in 1981 and has an estimate of $240,479 with a price per ft² of $231.
- 408 W Academy St, Wendell, NC 27591 is a 2,117 square foot, 2 bathroom, 0.22 acre property. It was built in 1950 and has an estimate of $364,446 with a price per ft² of $172.
- 116 W Academy St, Wendell, NC 27591 is a 1,008 square foot, 1 bathroom, 0.17 acre property. It was built in 1948 and has an estimate of $214,736 with a price per ft² of $213.
- 316 W Academy St, Wendell, NC 27591 is a 1,420 square foot, 1 bathroom, 0.31 acre property. It was built in 1960 and has an estimate of $243,863 with a price per ft² of $172.
- 311 E Academy St, Wendell, NC 27591 (Pepper Pointe) is a 1,956 square foot, 2 bathroom, 0.31 acre property. It was built in 2004 and has an estimate of $467,658 with a price per ft² of $239.
- 440 W Academy St, Wendell, NC 27591 is a 1,224 square foot, 1 bathroom, 0.22 acre property. It was built in 1948 and has an estimate of $219,483 with a price per ft² of $179.
- 304 E Academy St, Wendell, NC 27591 is a 2,840 square foot, 3 bathroom, 0.27 acre property. It was built in 2004 and has an estimate of $568,239 with a price per ft² of $200.
- 313 W Academy St, Wendell, NC 27591 is a 3,721 square foot and 0.32 acre property.
- 421 W Academy St, Wendell, NC 27591 is a 1,360 square foot, 1 bathroom, 0.14 acre property. It was built in 1952 and has an estimate of $300,951 with a price per ft² of $221.
- 446 W Academy St, Wendell, NC 27591 is a 1,040 square foot, 1 bathroom, 0.26 acre property. It was built in 1982 and has an estimate of $215,748 with a price per ft² of $207.
- View more properties on Academy St