$418,329 EMV

1,986 Sq. Ft.
Get the Preforeclosure Address

Wanstraw Way
Apex, NC 27539

Overview

This Preforeclosure is located at Wanstraw Way, Apex, NC 27539. It has , 1,986 sqft of living space. This property is currently in auction with an estimated market value of $418,329.
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Status: Active
Listing ID: 64042236
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Learn about Wanstraw Way in Apex, NC

This property is available as a preforeclosure at Wanstraw Way. With 1,986 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Apex, specifically for Wanstraw Way and comparable listings. Based on this expert analysis, the estimated market value is $418,329. If purchased for rental purposes, the monthly rental rate could range between $1,301 and $1,440, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Wanstraw Way are updated daily along with others in Apex, North Carolina, ensuring you have the most current and accurate information. Since this property is a preforeclosure, be sure to check out our Foreclosure Timeline for Wanstraw Way below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

Wanstraw Way in Apex North Carolina Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Wanstraw Way
View Preforeclosure Status
09/03/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

This Property Has An Auction

Get up-to-date information and real-time property status updates:

Address: Wanstraw Way Apex NC 27539

Auction Time Left

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What is the city of Apex, NC like?

Apex, located in the heart of North Carolina, is a vibrant town known for its friendly atmosphere and community spirit. With an array of parks and recreational facilities, it offers residents plenty of opportunities for outdoor activities and family-friendly events.

The town features a walkable downtown area filled with local shops, restaurants, and historical landmarks, enhancing the quaint, small-town feel. Apex has a rich cultural scene, with festivals and markets that celebrate the diverse interests of its residents.

Education is highly valued in Apex, served by top-rated schools that are part of the Wake County Public School System, making it a desirable area for families.

Nearby Schools

There are 4 schools in the area. Nearby schools include Apex High School and Cypress Creek Middle School.

Apex High School
Cypress Creek Middle School
Ballentree Elementary School
Lynn Road Elementary School

Nearby Attractions

There are plenty of activities near this property like Apex Public Library, Apex Town Hall, and more.

Apex Public Library
Apex Town Hall
Cary Memorial Park
WakeMed Apex Healthplex

What kind of public transportation is there?


Public transportation options include: GoTriangle bus service offering connections to Durham, Raleigh, and surrounding areas, Apex local shuttle service for easy access to key areas in town. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Apex Community Park, Hunter Street Park and more.

Apex Community Park
Hunter Street Park
Salem Pond Park
Kelly Road Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

AT&T
Spectrum
Frontier
Rental Chart
View Rental and Market Value
for Wanstraw Way in Apex North Carolina
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Property Information

Public Records

Community & Neighborhood

This property in Apex, NC is located in the Belle Rdg Ph 02 Subdivision.


Preforeclosure

The property located at Wanstraw Way in Apex, NC is listed as a Preforeclosure

This listing located at Wanstraw Way in Apex, NC could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Apex, North Carolina is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Apex, NC, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Apex, North Carolina doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

This is an important legal concept to understand before moving forward

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Wanstraw Way located in Apex, NC is $1,370/month. Comparable homes around Wanstraw Way that are rentals have monthly ranges starting as low as $1,301 per month and as high as $1,440 per month. An owner looking to use this property as an investment could bring a return in the area of $1,301 - $1,440 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
09/03/25   Preforeclosure
08/29/25   Preforeclosure
03/07/24 04/03/24 Preforeclosure
12/20/22 04/10/23 Preforeclosure
06/16/22 10/14/22 Preforeclosure Federal Home Loan Mortgage ...
08/11/21 12/09/21 Preforeclosure Federal Home Loan Mortgage ...
12/18/17 12/19/17 Preforeclosure
11/06/17 05/27/18 Foreclosure Branch Banking and Trust Co...
01/25/17 08/15/17 Foreclosure Branch Banking and Trust Co...
01/17/17 03/01/17 Preforeclosure
08/14/14 12/12/14 Preforeclosure BRANCH BANKING AND TRUST CO...
03/05/12 07/26/12 Preforeclosure

Similar Homes Nearby Apex, NC


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Wanstraw Way
Apex, NC 27539

1,986 sq. ft.

$418,329 EMV

Status: Active Listing ID: 64042236

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Wanstraw-Way-Apex-NC-27539/64042236_lid

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