Prime property in the hottest of spots! Ideal for well and septic development; area home prices are headed up. Perfect size for a small group of builders to build out in custom homes. Also perfect for a getaway small farm with a beautiful pond, old livable farm house with outbuildings, cropland and timber land, all well maintained, and an eventual exit strategy. Must see this little slice of Heaven.
Vacant landProperty Type
49 acresLot Size
$45,541Price/Acres
Listed by CHARLES Corbett• Parrish Realty Company of Zebu
Bought with Linda Craft• Linda Craft Team, REALTORS
Prime property in the hottest of spots! Ideal for well and septic development; area home prices are headed up. Perfect size for a small group of builders to build out in custom homes. Also perfect for a getaway small farm with a beautiful pond, old livable farm house with outbuildings, cropland and timber land, all well maintained, and an eventual exit strategy. Must see this little slice of Heaven.
Public Records
Dec 30, 1997
Sold
$245,000
Year
Property tax
Land + Additions
Assessment*
2025
$4,306 (+76.7%)
$1,195,993 + $602,125
$1,798,118
2024
$2,437 (+76.3%)
$1,195,993 + $437,649
$1,633,642
2023
$1,382 (+7.1%)
$1,195,993 + $288,067
$1,484,060
2022
$1,291 (+2.7%)
$650,887 + $119,186
$770,073
2021
$1,257 (+1.7%)
$650,887 + $119,186
$770,073
2020
$1,236 (−2.4%)
$650,887 + $119,186
$770,073
2019
$1,267 (+8.7%)
$650,887 + $119,186
$770,073
2018
$1,166 (+5.4%)
$503,801 + $108,105
$611,906
2017
$1,105 (+2.1%)
$503,801 + $108,105
$611,906
2016
$1,083 (−2.9%)
$503,801 + $108,105
$611,906
2015
$1,115 (+5.5%)
$503,801 + $108,105
$611,906
2014
$1,057 (+6.9%)
$570,330 + $102,615
$672,945
2013
$988
$570,330 + $102,615
$672,945
2012
$988
$570,330 + $102,615
$672,945
2011
$988
$570,330 + $102,615
$672,945
Tax history for 9340 Ferrell Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,306 (+76.7%)
$1,195,993 + $602,125
$1,798,118
2024
$2,437 (+76.3%)
$1,195,993 + $437,649
$1,633,642
2023
$1,382 (+7.1%)
$1,195,993 + $288,067
$1,484,060
2022
$1,291 (+2.7%)
$650,887 + $119,186
$770,073
2021
$1,257 (+1.7%)
$650,887 + $119,186
$770,073
2020
$1,236 (−2.4%)
$650,887 + $119,186
$770,073
2019
$1,267 (+8.7%)
$650,887 + $119,186
$770,073
2018
$1,166 (+5.4%)
$503,801 + $108,105
$611,906
2017
$1,105 (+2.1%)
$503,801 + $108,105
$611,906
2016
$1,083 (−2.9%)
$503,801 + $108,105
$611,906
2015
$1,115 (+5.5%)
$503,801 + $108,105
$611,906
2014
$1,057 (+6.9%)
$570,330 + $102,615
$672,945
2013
$988
$570,330 + $102,615
$672,945
2012
$988
$570,330 + $102,615
$672,945
2011
$988
$570,330 + $102,615
$672,945
*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
Permits
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
48.88 Acres
Year renovated
2010
Sq. Ft.
1,909
Year built
1890
Style
Single Family Residential
County
Wake County
APN
2707.03 04 9105 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2026.
R-30
Residential-30 District
The R-30 districts are known as non-watershed residential districts. These districts allow a range of very-low to moderate-density residential development and various building forms, depending on the specific district. A limited number of nonresidential uses are also allowed. Some nonresidential uses are permitted by-right; others are allowed only within designated activity centers and then only if the Board of Adjustment first reviews and approves a site plan and Special Use Permit for such use.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Educational/school
Library
Golf related
Housing-Mobile home park
Park & open space
Feb 14, 2025 • Final
Accessory structure application for wastewater
Construct a pre-engineered steel farm building.
ADU
Jul 31, 2024 • Final
Residential - accessory building
Construct a detached garage with finished space above, including a study, recreation room, kitchen, bathroom, laundry, and pantry. The project includes all trades.
Addition
ADU
Electrical
HVAC
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Exterior
Property information
Other Structures: Barn(s), Shed(s), Storage, Other
Land Information
Current Use: Row Crops, Vacant
Horse: Yes
Vegetation: Cleared, Heavily Wooded
Lot Information
Lot Size Acres: 49.0
Lot Size Area: 49.0
Lot Size Square Feet: 2134440.0
Lot Size Units: Acres
Financial
Financial Information
Buyer Financing: Conventional
Utilities
Utility Information
Sewer: Septic Needed
Utilities: Cable Available, Electricity Available, Phone Available
Water Source: Need Well
Location
School Information
Elementary School: Wake - Wakelon
Middle Or Junior School: Wake - Zebulon
High School: Wake - East Wake
Location Information
County Or Parish: Wake
Directions: Take I-87 east from Raleigh to 1st Zebulon exit, turn left onto Arendell Ave, then right on Pearces Rd, then left on Ferrell, property on left.
Latitude: 35.87697
Longitude: -78.32217
Postal Code: 27597
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,909
Stories: 1.0
Lot Size: 48.88 acres
Style: Single Family Residential
Year Built: 1890
Year Renovated: 2010
County: Wake County
APN: 2707.03 04 9105 000
Home facts updated by county records on Aug 11, 2026
Other
Listing Date Information
Contract Status Change Date: 2021-10-07
Photos Change Timestamp: 2023-09-15T00:57:52.000Z
Around this home
Schools
Wakelon Elementary
Public PreK-5 • Assigned • 1.7mi
5/10
Zebulon Middle
Public 6-8 • Assigned • 3.1mi
5/10
East Wake High School
Public 9-12 • Assigned • 7.2mi
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
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 106° expected this year, 17 days in 30 years
6/10 Wind Factor
59% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 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 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$2.12M – $2.57M
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