$975,000
$275K PRICE DROP

Estimated payment $5,638/month

Total Views 5,240
2.64 Acres
$369,318 Price per Acre
114,998 Sq Ft Lot

Highlights

  • 2.64 Acre Lot
  • No HOA
  • Rectangular Lot
  • Partially Wooded Lot
  • Garage

About This Lot

Just right for new or seasoned investors and developers, here's your opportunity to purchase one of the few parcels for sale in this fast growing area just south east of Raleigh. Nestled between a brand new community being constructed on one side, recently rezoned for mix-use parcels on the other side and an existing neighborhood behind, this 2.6 acre rectangular shaped and mostly cleared property is ready for whatever you can dream of. Currently zoned R-4, there's opportunity for multiple homes to be built right away, or, research says this parcel could likely be easily annexed, rezoned and connected to city sewer to create mixed-use, townhomes, condos, apartments, etc. in one the fastest growing areas in Raleigh. Walking distance to shopping and convenience stores and just down the road to River Ridge Public/Private Golf Club. It's a short drive to big box shopping and dining at White Oak. Located right off Rock Quarry Rd and minutes to 40/440, a quick ride into Downtown and just minutes to the Neuse River Trail all make this quickly developing location more desireable by the minute. An existing home on the property is perfect for renting out or living in while deciding on what to do with your new property, just one of very few parcels for sale with so much to offer on the booming side of Raleigh. There's also a large detached 2 car garage/storage building on the lot. Note: the property, home and garage may only be toured by appointment via the listing agent; please contact Agent to arrange access. See also Residential Listing MLS 10071878. Lots like this don't come around often - don't miss this opportunity to get in on the action now!

Listing Agent

Phillip Singer

Century 21 Southern Lifestyles License #317231

Century 21 Southern Lifestyles

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,351

Year Built

  • 1985

Lot Details

  • 2.64 Acre Lot
  • Lot Dimensions are 200x538x200x333
  • Rectangular Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Few Trees

Parking

  • Garage
  • Driveway

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • To Be Added Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,351

Year Built

1985

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: To Be Added
  • General Property Information Lot Size Dimensions: 200x538x200x333
  • Water Source Public: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Vegetation Partially Wooded: Yes
  • Lot Features Driveway2: Yes
  • General Property Information Lot Size Square Feet2: 114998.0
  • General Property Information Lot Size Acres: 2.64
  • Other Structures Residence: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1985

Exterior Features

  • Acres: 2.64
  • Lot Features:Few Trees: Yes
  • Lot Features:Rectangular Lot: Yes

Garage/Parking

  • Other Structures:Garage(s): Yes

Utilities

  • Utilities: See Remarks
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Current Use: See Remarks
  • Development Status: See Remarks
  • Lot Dimensions: 200x538x200x333
  • Lot Size Sq Ft: 114998.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2350.61
  • Tax Year: 2024
  • Tax Map Number: 3B

MLS Schools

  • Elementary School: Wake County Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,351 $375,310 $205,200 $170,110
2023 $1,737 $220,160 $106,480 $113,680
2022 $1,610 $220,160 $106,480 $113,680
2021 $1,567 $220,160 $106,480 $113,680
2020 $1,541 $220,160 $106,480 $113,680
2019 $1,508 $182,170 $87,640 $94,530
2018 $0 $182,170 $87,640 $94,530
2017 $0 $182,170 $87,640 $94,530
2016 $1,289 $182,170 $87,640 $94,530
2015 -- $200,500 $97,200 $103,300
2014 $1,339 $200,500 $97,200 $103,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Price Changed $975,000 0.0% $729 / Sq Ft
04/22/2025 04/22/25 Price Changed $975,000 -22.0% --
01/21/2025 01/21/25 For Sale $1,250,000 0.0% --
01/21/2025 01/21/25 For Sale $1,250,000 -- $934 / Sq Ft
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $101,750 Unknown
Source: Public Records

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Source: Doorify MLS

MLS Number: 10071879

Doorify MLS

APN: 1731.02-58-2304-000