Convenient to major highways and shopping centers! This home needs work but is priced accordingly and is perfect for an investor and/or someone looking for equity!
Single-familyProperty Type
1942Year Built
0.28 acresLot Size
$138Est. Price/Sq.Ft.
Listed by Jennifer Lavrack• Lavrack Properties, Inc.
NOTE $90,013 TAX VALUE. LARGE SQUARE FOOTAGE FOR THE MONEY. GREAT RENTAL PROPERTY OR ROOM FOR THE GROWING FAMILY. WALK UP STORAGE. SOLD AS IS. CALL FOR SELLER ADDENDUMS TO ACCOMPANY ALL OFFERS
TMLS #1712246
Aug 5, 2010
Listing Removed
—
Mar 6, 2010
Listed
$160,000
$72/sq ft
TMLS #1627582
Apr 23, 2009
Sold
$26,500
$12/sq ft
Mar 26, 2009
Listing Removed
—
Oct 6, 2008
Listed
$33,900
$15/sq ft
Public Records
Jun 3, 2003
Sold
$50,000
$23/sq ft
Public Records
Apr 10, 2000
Sold
$80,000
$36/sq ft
TMLS #538023
Apr 6, 2000
Sold
$79,900
$36/sq ft
Dec 22, 1999
Listed
$81,500
$37/sq ft
Public Records
Dec 8, 1997
Sold
$16,500
$7/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,300 (+0.3%)
$55,000 + $244,833
$299,833
2024
$3,290 (+51.3%)
$55,000 + $244,833
$299,833
2023
$2,174 (+3.1%)
$55,000 + $244,833
$299,833
2022
$2,109 (+3.8%)
$24,000 + $150,869
$174,869
2021
$2,031
$24,000 + $150,869
$174,869
2020
$2,031 (+19.9%)
$24,000 + $150,869
$174,869
2019
$1,693 (+5.3%)
$24,000 + $150,869
$174,869
2018
$1,609 (+4.7%)
$20,000 + $107,474
$127,474
2017
$1,537 (+1.2%)
$20,000 + $107,474
$127,474
2016
$1,518 (−4.0%)
$20,000 + $107,474
$127,474
2015
$1,582 (+3.3%)
$20,000 + $107,474
$127,474
2014
$1,532 (+4.1%)
$25,000 + $112,087
$137,087
2013
$1,472 (+1.2%)
$25,000 + $112,087
$137,087
2012
$1,455 (+1.2%)
$25,000 + $112,087
$137,087
2011
$1,437
$25,000 + $112,087
$137,087
Tax history for 715 Shepard School Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,300 (+0.3%)
$55,000 + $244,833
$299,833
2024
$3,290 (+51.3%)
$55,000 + $244,833
$299,833
2023
$2,174 (+3.1%)
$55,000 + $244,833
$299,833
2022
$2,109 (+3.8%)
$24,000 + $150,869
$174,869
2021
$2,031
$24,000 + $150,869
$174,869
2020
$2,031 (+19.9%)
$24,000 + $150,869
$174,869
2019
$1,693 (+5.3%)
$24,000 + $150,869
$174,869
2018
$1,609 (+4.7%)
$20,000 + $107,474
$127,474
2017
$1,537 (+1.2%)
$20,000 + $107,474
$127,474
2016
$1,518 (−4.0%)
$20,000 + $107,474
$127,474
2015
$1,582 (+3.3%)
$20,000 + $107,474
$127,474
2014
$1,532 (+4.1%)
$25,000 + $112,087
$137,087
2013
$1,472 (+1.2%)
$25,000 + $112,087
$137,087
2012
$1,455 (+1.2%)
$25,000 + $112,087
$137,087
2011
$1,437
$25,000 + $112,087
$137,087
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
1972
Sq. Ft.
2,264
Year built
1942
Style
Single Family Residential
County
Wake County
APN
2705.10 37 3387 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2026.
DTP
Downtown Periphery District
The Downtown Periphery district includes the land around the immediate core of downtown as well as peripheral land that would benefit from being included in the downtown and developed at a higher density or intensity. Land in the DTP is strongly encouraged to redevelop from its current single-use, low- intensity development pattern to higher density mixed-use forms of development where uses are mixed vertically in a single building or horizontally on the same lot or site. The establishment of additional higher density forms of residential development is the key objective for the DTP district. Also encouraged are nonresidential and institutional uses that provide an experience to visitors in addition to goods and services. Development in the DTP should be consistent with traditional southern small-town character where emphasis is placed on pedestrian travel and Town streets and buildings include public art and opportunities for residents and visitors to gather and interact. The primary purpose of the DTP district is to expand the footprint of Zebulon's downtown in ways that promote pedestrian orientation, uses that will provide activity and vibrant street life for a least 12 hours per day.
Property details
Parking
Parking Information
Parking Features: Driveway, Gravel
Interior
Bathroom Information
Bathrooms Full: 1
Bedroom Information
Bedrooms Total: 3
Interior Features
Interior Features: Eat-in Kitchen, Entrance Foyer
Fireplace: Yes
Fireplace Features: Living Room
Fireplaces Total: 1
Flooring: Carpet
Room Information
Crawl Space
Exterior
Building Information
Construction Materials: Wood Siding
Building Area Total: 2222.0
Exterior Features
Patio and Porch Features: Porch
Property information
Living Area: 2,222
Above Grade Finished Area: 2222.0
Below Grade Finished Area: 0.0
Levels: Two
Ownership Type: Other
Lot Information
Lot Size Acres: 0.28
Lot Size Area: 0.28
Lot Size Dimensions: 0
Lot Size Square Feet: 12196.8
Lot Size Units: Acres
Financial
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
HOA Information
Association: No
Association Fee Includes: None
School Information
Elementary School: Wake - Zebulon
Middle Or Junior School: Wake - Zebulon
High School: Wake - East Wake
Location Information
County Or Parish: Wake
Directions: Take Highway 96 toward Zebulon from US 64, Turn left on Judd Street and Right on Shepard School - home will be on the left!
Latitude: 35.829044
Longitude: -78.31385
Postal Code: 27597
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 2,264
Stories: 1.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 1942
Year Renovated: 1972
County: Wake County
APN: 2705.10 37 3387 000
Home facts updated by county records on Aug 11, 2026
Other
Listing Date Information
Contract Status Change Date: 2009-04-27
Photos Change Timestamp: 2023-09-16T12:17:01Z
Price Change Timestamp: 2023-09-16T12:17:00Z
Listing Price Information
Previous List Price: 45900.0
Around this home
Schools
Zebulon Elementary
Public PreK-5 • Assigned • 0.8mi
5/10
Zebulon Middle
Public 6-8 • Assigned • 0.2mi
5/10
East Wake High School
Public 9-12 • Assigned • 6.3mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
67% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Zebulon, NC • 27597
Average low and high temperatures (°F)
48
29
55
35
70
46
77
54
79
59
89
68
90
73
81
67
80
64
72
51
65
44
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 5.2 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$292,000 – $353,000
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