Seller's Agent in 2022
Rick Mangrum
RE/MAX United
(919) 469-4700
86 Total Sales
1000 Trailwood Dr Raleigh, NC 27606
Estimated Value: $1,085,290
11.3
Acres
$96,043
Price per Acre
492,228
Sq Ft Lot
About This Lot
As of April 2022Zoning is PD- Planned development which gives a wide range.Subdivision approved. Gorgeous area for up coming neighborhood, close to centennial campus & downtown Raleigh. Subdivision approved with 1st comments back. see online. New owner would need to take it through CD phase. Backs to Raleigh Greenway system. Really gorgeous piece of land. if you are a builder or have builder that is looking for lots, this is a prefect start. Not to big for the first time builders that are ready for their own subdivision
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,511
Lot Details
- 11.3 Acre Lot
- Lot Has A Rolling Slope
- Heavily Wooded Lot
Schools
- Dillard Elementary School
- Centennial Campus Middle School
- Athens Dr High School
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 12, 2022
Sold by
Mittal Vinita J and Mittal Anuj
Bought by
Floresta Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$2,311,116
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
-$1,231,178
Purchase Details
Listed on
Jul 24, 2019
Closed on
Apr 7, 2022
Sold by
Mangrum Building Llc
Bought by
Mittal Vinita J
Seller's Agent
Rick Mangrum
RE/MAX United
Buyer's Agent
Joseph Hodge
Hodge & Kittrell Sotheby's Int
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%
Original Mortgage
$7,500,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 1, 2006
Sold by
The Medical Foundation Of Nc Inc
Bought by
New Southern Land Co Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 2005
Sold by
Meymandi Assad
Bought by
Medical Foundation Of North Carolina Inc
Purchase Details
Closed on
Apr 24, 2000
Sold by
Meymandi Nejad Assadullah and Meymandi Emily B
Bought by
Meymandi Assad and Meymandi Nejad Assadullah
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Floresta Llc | -- | Ragsdale Liggett Pllc | |
| Mittal Vinita J | $1,000,000 | Ragsdale Liggett Pllc | |
| New Southern Land Co Llc | $270,000 | None Available | |
| Medical Foundation Of North Carolina Inc | -- | -- | |
| Meymandi Assad | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Floresta Llc | $1,550,000 | |
| Open | Floresta Llc | $2,400,000 | |
| Previous Owner | Mittal Anuj N | $7,500,000 | |
| Previous Owner | New Southern Land Co Llc | $270,000 | |
| Previous Owner | New Southern Land Co Llc | $262,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2023 12/14/23 | Off Market | $1,000,000 | -- | -- |
| 04/08/2022 04/08/22 | Sold | $1,000,000 | -9.1% | -- |
| 02/20/2022 02/20/22 | Pending | -- | -- | -- |
| 06/14/2021 06/14/21 | For Sale | $1,100,000 | 0.0% | -- |
| 10/14/2020 10/14/20 | Pending | -- | -- | -- |
| 08/27/2020 08/27/20 | Price Changed | $1,100,000 | +22.9% | -- |
| 07/24/2019 07/24/19 | For Sale | $895,000 | -- | -- |
Source: Doorify MLS
Tax History Compared to Growth
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 | $4,511 | $726,450 | $726,450 | $0 |
| 2023 | $2,578 | $330,660 | $330,660 | $0 |
| 2022 | $2,388 | $330,660 | $330,660 | $0 |
| 2021 | $2,324 | $330,660 | $330,660 | $0 |
| 2020 | $2,285 | $330,660 | $330,660 | $0 |
| 2019 | $2,216 | $271,375 | $271,375 | $0 |
| 2018 | $2,036 | $271,375 | $271,375 | $0 |
| 2017 | $1,929 | $271,375 | $271,375 | $0 |
| 2016 | $1,890 | $271,375 | $271,375 | $0 |
| 2015 | $1,919 | $276,250 | $276,250 | $0 |
| 2014 | $1,818 | $276,250 | $276,250 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Mangrum
-
Joseph Hodge
J
Buyer's Agent in 2022
Joseph Hodge
Hodge & Kittrell Sotheby's Int
(919) 818-2071
85 Total Sales
Map
Source: Doorify MLS
MLS Number: 2269014
APN: 0793.13-14-4260-000
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