$155,000
SOLD DEC 6, 2024
0.06 Acre
$2,583,333 Price per Acre
2,614 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

38% Below List Price

223 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Neighborhood Views
  • Fuller Elementary Rated A-
  • No HOA
  • 1-minute walk to Junious N. Sorrell Park

About This Lot

As of December 2024

Welcome to your opportunity to create a great home or investment property in the heart of Downtown Raleigh! This awesome vacant lot, situated on a quiet street, is primed and ready for you to build on!

Conveniently located just blocks away from the vibrant downtown center, this corner lot offers the perfect urban convenience. Mature trees dot the landscape, providing shade and a sense of natural beauty to the surroundings.

For nature enthusiasts, Sorrell Park is just a block away, offering green spaces and recreational amenities for all to enjoy. Additionally, the proximity to Walnut Creek Wetland Nature Center provides access to scenic walking trails and outdoor adventures.

Public transportation options are easily accessible, adding to the convenience of this location. Plus, the seller has already had plans drawn up for building on the lot, providing you with a valuable resource to kickstart your construction process if you choose, or you can bring your own builder!

Don't miss out on this incredible opportunity to make your mark in Downtown Raleigh. Whether you're envisioning your dream home or seeking a savvy investment opportunity, this vacant lot offers endless possibilities. Seize the chance to turn your vision into reality today!

Last Agent to Sell the Property

Ida Terbet

Coldwell Banker HPW License #101494

Coldwell Banker HPW

Co-Listed By

Michael Terbet

Coldwell Banker HPW License #248722

Last Buyer's Agent

Deline Moscoso

Compass -- Raleigh License #346649

Compass -- Raleigh

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,418

Year Built

  • 1915

Lot Details

  • 2,614 Sq Ft Lot
  • Corner Lot
  • Rectangular Lot
  • Cleared Lot
  • Few Trees
  • Finished Lot(s)

Schools

  • Fuller Elementary School
  • Carnage Middle School
  • Broughton High School

Additional Features

  • Neighborhood Views
  • Property is near public transit

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,418

Year Built

1915

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 3198
  • Co List Office Phone: 919-876-8824
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: see survey
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • Vegetation Cleared2: Yes
  • Utilities Sewer Available: Yes
  • View Neighborhood4: Yes
  • General Property Information Lot Size Square Feet2: 2613.6
  • General Property Information Lot Size Acres: 0.06
  • Development Status Finished Lot(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1915

Interior Features

  • Possible Use: Residential

Exterior Features

  • Acres: 0.06
  • Lot Features:Corner Lot: Yes
  • Lot Features:Near Public Transit: Yes
  • Lot Features:Curb Gutter: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Rectangular Lot: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Carnage

Lot Info

  • Current Use: Vacant
  • Development Status: Finished Lot(s), See Remarks
  • Lot Dimensions: see survey
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1417.72
  • Tax Year: 2023
  • Tax Map Number: 2

MLS Schools

  • Elementary School: Wake - Fuller

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $155,000 -15.0% $209 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
08/26/2024 08/26/24 Price Changed $182,400 -1.4% $246 / Sq Ft
07/24/2024 07/24/24 Price Changed $184,900 -2.2% $250 / Sq Ft
06/19/2024 06/19/24 Price Changed $189,000 -5.0% $255 / Sq Ft
05/13/2024 05/13/24 Price Changed $199,000 -13.1% $269 / Sq Ft
04/16/2024 04/16/24 Price Changed $228,900 -4.6% $309 / Sq Ft
04/04/2024 04/04/24 Price Changed $239,900 -4.0% $324 / Sq Ft
03/27/2024 03/27/24 For Sale $249,900 +42.8% $337 / Sq Ft
12/14/2023 12/14/23 Off Market $175,000 -- --
09/01/2023 09/01/23 Sold $175,000 -36.4% $190 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $275,000 -- $299 / 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 $1,611 $183,213 $180,000 $3,213
2023 $1,418 $128,232 $122,500 $5,732
2022 $1,318 $128,232 $122,500 $5,732
2021 $1,268 $128,232 $122,500 $5,732
2020 $1,245 $128,232 $122,500 $5,732
2019 $339 $27,512 $17,500 $10,012
2018 $321 $27,512 $17,500 $10,012
2017 $306 $27,512 $17,500 $10,012
2016 $300 $27,512 $17,500 $10,012
2015 $357 $32,543 $16,800 $15,743
2014 $340 $32,543 $16,800 $15,743
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $770,982 Credit Line Revolving
Closed $770,982 Credit Line Revolving
Previous Owner $423,684 New Conventional
Previous Owner $0 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $155,000 None Listed On Document
Warranty Deed $155,000 None Listed On Document
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Doorify MLS

MLS Number: 10019443

Doorify MLS

APN: 1703.16-83-8745-000