PENDING
$395K PRICE DROP
1116 Trailwood Dr Raleigh, NC 27606
Trailwood NeighborhoodEstimated payment $9,027/month
Total Views
291,537
2.81
Acres
$569,395
Price per Acre
122,404
Sq Ft Lot
Highlights
- Wooded Lot
- No HOA
- Partially Fenced Property
About This Lot
Calling all townhome builders, developers and land investors! Please Note: 1116 Trailwood is being sold together with 1126 Trailwood (MLS#10072179), as a combined lot sale. The listing price reflects the total purchase price for both lots combined. Total acreage for both parcels is 2.81 acres. Nearly 3 acres of land, inside the beltline, a 4 minute drive to NC State, 2 minutes to I-40 and nestled between Lake Raleigh and Lake Johnson. By-rite suitable for townhome and single family development.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,161
Lot Details
- 2.81 Acre Lot
- Lot Dimensions are 65x489x252x333x226
- Partially Fenced Property
- Cleared Lot
- Wooded Lot
- Landscaped with Trees
Schools
- Dillard Elementary School
- Centennial Campus Middle School
- Athens Dr High School
Utilities
- Propane
- Not Connected to Water Source
- Fuel Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0793133561
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,161 | $187,000 | $187,000 | $0 |
| 2023 | $636 | $81,600 | $81,600 | $0 |
| 2022 | $589 | $81,600 | $81,600 | $0 |
| 2021 | $573 | $81,600 | $81,600 | $0 |
| 2020 | $564 | $81,600 | $81,600 | $0 |
| 2019 | $549 | $67,200 | $67,200 | $0 |
| 2018 | $504 | $67,200 | $67,200 | $0 |
| 2017 | $478 | $67,200 | $67,200 | $0 |
| 2016 | $468 | $67,200 | $67,200 | $0 |
| 2015 | $632 | $91,000 | $91,000 | $0 |
| 2014 | $599 | $91,000 | $91,000 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2025 03/22/25 | Pending | -- | -- | -- |
| 02/20/2025 02/20/25 | Price Changed | $1,600,000 | -19.8% | -- |
| 01/22/2025 01/22/25 | For Sale | $1,995,000 | -- | -- |
Source: Doorify MLS
About the Listing Agent
Chappell has been one of the leading independent real estate firms in the Triangle. Led by top Triangle real estate broker and developer Johnny Chappell, the team has become closely associated with contemporary, new-construction development, and represents hundreds of buyers and sellers throughout the region. This expert team notably launched and represented multiple award-winning properties throughout the Triangle – including the Clark Townhomes in The Village District and West + Lenoir in
Johnny's Other Listings
Source: Doorify MLS
MLS Number: 10072187
APN: 0793.13-13-3561-000
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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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