1103 Garner Rd Raleigh, NC 27601
South Park Neighborhood
0.17
Acre
$1,235,294
Price per Acre
7,405
Sq Ft Lot
Highlights
- No HOA
- Natural State Vegetation
- 4-minute walk to Junious N. Sorrell Park
- Laurel Park Elementary Rated A
About This Lot
As of December 2024Prime Downtown Raleigh Investment Opportunity! Located in a highly desirable area where new homes are selling for over $600K, this property offers the perfect canvas for development. Build the home of your dreams or capitalize on the growing demand for new construction in Raleigh's thriving downtown. Based on it's R-10 zoning, a duplex can be built by right on this lot, with opportunities for greater density (please confirm with the City of Raleigh and consult the UDO). A rare chance for builders and investors to create something special in a sought-after market. The home that was on the property was demoed in 2024. Property is sold as-is—bring your vision to life!
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,756
Year Built
- 1925
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50x147x50x147
- Natural State Vegetation
Schools
- Wake County Schools Elementary And Middle School
- Wake County Schools High School
Community Details
- No Home Owners Association
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $210,000 | -17.6% | $273 / Sq Ft |
| 12/08/2024 12/08/24 | Pending | -- | -- | -- |
| 09/19/2024 09/19/24 | For Sale | $255,000 | +27.5% | $332 / Sq Ft |
| 12/15/2023 12/15/23 | Off Market | $200,000 | -- | -- |
| 01/21/2022 01/21/22 | Sold | $200,000 | -14.9% | $260 / Sq Ft |
| 01/07/2022 01/07/22 | Pending | -- | -- | -- |
| 01/03/2022 01/03/22 | For Sale | $235,000 | -- | $306 / Sq Ft |
Source: Doorify MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,756 | $199,909 | $180,000 | $19,909 |
| 2023 | $1,179 | $106,343 | $90,000 | $16,343 |
| 2022 | $1,097 | $106,343 | $90,000 | $16,343 |
| 2021 | $1,055 | $106,343 | $90,000 | $16,343 |
| 2020 | $1,036 | $106,343 | $90,000 | $16,343 |
| 2019 | $665 | $55,633 | $19,800 | $35,833 |
| 2018 | $628 | $55,633 | $19,800 | $35,833 |
| 2017 | $599 | $55,633 | $19,800 | $35,833 |
| 2016 | $587 | $55,633 | $19,800 | $35,833 |
| 2015 | $518 | $48,131 | $11,000 | $37,131 |
| 2014 | -- | $48,131 | $11,000 | $37,131 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $25,000 | Unknown |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | None Listed On Document | |
| Deed | $33,000 | -- |
Source: Public Records
Similar Properties in Raleigh, NC
Source: Doorify MLS
MLS Number: 10053646
APN: 1703.16-94-3197-000
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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