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518 E Third St, Wendell, NC 27591

$280,000

Last sold 02/24/2025 for $215K

3
bed
2
bath
1,635
Sqft ($131/Sqft)

House not for sale

About 518 E Third St

Property type House

Year built 1957

HOA fee $0/month

Lot size 0.27 Acre

Movoto estimate

Rental estimate

Property description

CALLING ALL INVESTORS AND HANDY HOME BUYERS! Are you looking for an AMAZING opportunity with tons of sweat equity OR return on investment?? This sprawling ranch floorplan on a massive corner lot is only a half mile from Downtown Wendell and boasts ancient oak trees and classic charm. The original structure is 4-side brick and the additional Family Room and bedroom were added many years ago (permits not found). Additional features include: 3 Beds/2 Full Baths, central Kitchen, generously sized Living Room, Car Port w/ storage closet and detached shed. Only a 10 minute walk to the hottest coffee shop in town, Parallax Coffee and a short 10 minute drive to the new Publix Super Market and so much more. Home being sold in As-Is condition - see it for yourself and get ready to make something special!

Listed by

Listing Agent - Bryant Lovette

Listing Office - Lovette Properties LLC

Source: Doorify MLS

MLS#10073966 • last updated 10 months ago

Movoto checked Doorify MLS for data 9 minutes ago

Overview
Cooling/AC	Central Air, Electric
Heating	Forced Air
Levels/Style	One, Site Built, Ranch, 1
MLS #	10073966
Type	Residential
Status	Closed
SubType	Single Family Residence
Living Area	1635
Lot Size (SqFt)	11761.2
Lot Size (Acres)	0.27
Property Tax	2563.11
Year Built	1957
Condition	Fixer

Interior
Total # of Bathrooms	2
# of Full Baths	2
Total # of Bedrooms	3
Basement	Crawl Space
Total # of Rooms	7
Laundry	In Bathroom, Main Level
Flooring	Carpet, Hardwood, Laminate, Tile
Appliances	Dishwasher, Microwave, Water Heater
Interior Features	Bathtub/Shower Combination, Ceiling Fan(s), Crown Molding, Eat-in Kitchen, Kitchen/Dining Room Combination, Open Floorplan, Pantry, Primary Downstairs, Shower Only, Storage, Walk-In Shower
Fireplace	Family Room, Wood Burning Stove

Exterior
Foundation	Other
Roof	Shingle
Construction	Asphalt, Brick, Masonite, Wood Siding
# of Open Parking Spaces	3
Parking	Carport, Circular Driveway, Driveway, Gravel
# of Carport Spaces	1
# of Parking Spaces	4
Exterior Features	Storage
Lot Features	Corner Lot, Few Trees, Hardwood Trees, Level
Other Structures	Outbuilding, Shed(s), Storage

Amenities / Utilities
Utilities	Electricity Connected, Water Connected, Propane
Sewer/Septic	Public Sewer
Water Source	Public
HOA Amenities	None

Location
View	Ocean
County	Wake
Subdivision	Not In A Subdivision
Elementary School	Wake - Zebulon
Middle School	Wake - Zebulon
High School	Wake - East Wake
APN	1783994523
Directions	From Cary, Take 40E And Continue On I-440W, Take Exit 14 To US-264E/US-64E, Take Exit 429 For US-64 Business, Right On US-64 Business E, Right On N Selma Rd, 1st Left On E 3rd St, Home Is On The Right.

Lot/ Land Details
Road Frontage	City Street
Road Responsibility	Public Maintained Road

$280K

Range: $252K-$308K

Last 30 days

Rental est.: $1,546/month

• Gross rent multiplier: 11.6

Lower your payment with the loan terms that fit you.

Apr 2026
MLS # 10152921
Apr 16, 2026 Sold
$305,000
Mar 17, 2026 Pending
—
Mar 14, 2026 Listed
$299,900
Apr 2026
Public Records
Apr 16, 2026 Sold
$305,000 (+1.7%)
Mar 2026
MLS # 10125426
Mar 8, 2026 Price Change
$299,900 (-1.5%)
Mar 2, 2026 Listed
—
Feb 19, 2026 Pending
—
Feb 14, 2026 Price Change
$304,500 (-1.5%)
Jan 30, 2026 Price Change
$309,000 (-0.3%)
Jan 14, 2026 Price Change
$309,900 (-3.1%)
Dec 28, 2025 Price Change
$319,900 (-1.5%)
Dec 16, 2025 Price Change
$324,900 (-1.5%)
Nov 29, 2025 Price Change
$329,900 (-1.5%)
Nov 21, 2025 Price Change
$334,900
Nov 9, 2025 Price Change
$335,000 (-1.2%)
Oct 2, 2025 Listed
$339,000 (+57.7%)
Feb 2025
Public Records
Feb 25, 2025 Sold
$215,000
Feb 2025
MLS # 10073966
Feb 24, 2025 Sold
$215,000
Feb 4, 2025 Pending
—
Jan 31, 2025 Listed
$215,000 (-6.5%)
Feb 2024
MLS # 10012170
Feb 16, 2024 Listed
$230,000
Feb 16, 2024 Listed
$230,000 (+74.2%)
Oct 2012
MLS # 1857934
Oct 5, 2012 Listed
$132,000

Year Property taxes Tax assessment
2025
$2,532 -1.2%

$237,091
2024
$2,563 +30.8%

$237,091 +58.88%
2023
$1,960 +7.7%

$149,231
2022
$1,819 +1.6%

$149,231
2021
$1,790 +2.1%

$149,231
2020
$1,753 +30.8%

$149,231 +47.77%
2019
$1,340 +8.7%

$100,989
2017
$1,233 +1.2%

$100,989
2016
$1,218 -18.0%

$100,989
2015
$1,485

—

518 E Third St
$215K
—
27591
$414K -1% y/y
Wendell
$414K -1% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
12 Lakewood Dr, Wendell, NC 27591	$278,000	3/2	1,780	0.02
521 E Third St, Wendell, NC 27591	$217,000	3/1	1,233	0.03
515 E Third St, Wendell, NC 27591	$142,000	2/1	960	0.03
511 E Third St, Wendell, NC 27591	$158,000	—/1	920	0.04
502 E Third St, Wendell, NC 27591	$304,000	3/2	1,849	0.04
20 Lakewood Dr, Wendell, NC 27591	$237,000	3/—	1,145	0.04
503 E Third St, Wendell, NC 27591	$344,000	—/2	2,321	0.05
14 Hall St, Wendell, NC 27591	$185,000	—/1	1,154	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.