$450,000
$25K PRICE DROP

923 Sunny Ln Raleigh, NC 27603

Estimated payment $2,660/month

Total Views 435,054
1.74 Acres
$258,621 Price per Acre
75,794 Sq Ft Lot

Highlights

  • RV Parking in Community
  • Partially Wooded Lot
  • No HOA
  • 1.74 Acre Lot

About This Lot

Great investment opportunity for steady monthly rental income of $3250 with the potential for more. Also great opportunity to build new construction in the future. Property features include a large 1.74 acre functional lot with 1 single family home currently rented, 4 mobile homes and 1 more lot for an additional mobile home all with septic, water well and electrical stub. Very convenient location to downtown Raleigh, shopping, restaurants and Triangle access. The single family home is 2 Bedrooms & 1 Full Bath, new roof in 2023. All Homes are being sold AS-IS. Please do not to walk the property without appointment, to avoid disturbing tenants.

Listing Agent

George Wilson

LPT Realty, LLC License #223959

LPT Realty, LLC

Co-Listing Agent

John Dixon

LPT Realty, LLC License #285041

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,832

Year Built

  • 1961

Lot Details

  • 1.74 Acre Lot
  • Lot Dimensions are 162x300x350x300
  • Property fronts a private road
  • Partially Wooded Lot

Schools

  • Smith Elementary School
  • North Garner Middle School
  • Garner High School

Utilities

  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • RV Parking in Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,832

Year Built

1961

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 81548
  • Co List Office Phone: 919-376-7193
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 162X300X350X300
  • Water Source Public: Yes
  • Sewer Community Sewer: Yes
  • Contract Information Lease Term: Month To Month
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Road Surface Type Gravel2: Yes
  • Vegetation Partially Wooded: Yes
  • General Property Information Lot Size Square Feet2: 75794.4
  • General Property Information Lot Size Acres: 1.74
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1961

Exterior Features

  • Acres: 1.74

Garage/Parking

  • Association Amenities:RV Parking: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Garner
  • Middle Or Junior School: Wake - North Garner

Lot Info

  • Current Use: Investment, Manufactured Home, Residential, Single Family
  • Lot Dimensions: 162X300X350X300
  • Lot Size Sq Ft: 75794.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Annual Amount: 1832.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Smith

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 $1,833 $291,930 $191,400 $100,530
2023 $941 $118,176 $55,680 $62,496
2022 $873 $118,176 $55,680 $62,496
2021 $835 $118,176 $55,680 $62,496
2020 $837 $118,176 $55,680 $62,496
2019 $812 $96,962 $45,240 $51,722
2018 $748 $96,962 $45,240 $51,722
2017 $709 $96,962 $45,240 $51,722
2016 -- $96,962 $45,240 $51,722
2015 $861 $121,051 $52,200 $68,851
2014 -- $121,051 $52,200 $68,851
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Price Changed $450,000 -5.3% --
12/15/2024 12/15/24 For Sale $475,000 -- --
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $351,000 None Listed On Document
Warranty Deed $75,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: Doorify MLS

MLS Number: 10067368

Doorify MLS

APN: 1701.14-22-6526-000