$700,000
SOLD JUN 12, 2025
0.54 Acre
$1,296,296 Price per Acre
23,522 Sq Ft Lot

Recently Sold

$379 Per Sq Ft

4% Above List Price

7 Days on Market

Highlights

  • 0.54 Acre Lot
  • Partially Wooded Lot
  • Park
  • Olds Elementary School Rated A
  • No HOA
  • 4-minute walk to Jaycee Park

About This Lot

As of June 2025

Terrific location for this vacant, .54 acre lot.New construction and renovations abound in this area - with great proximity to the Village District, NC State, Meredith College, Downtown Raleigh, RDU airport and RTP. Check out the school districts, along with great restaurants and numerous shopping options. Park and walking trails just across the street !Please note special DD and EM details for 1031 exchange.

Last Agent to Sell the Property

Linda Wells

POINTE REALTY GROUP LLC License #220629 Listed on: 03/15/2025

Last Buyer's Agent

Arya Asgari

Rich Realty Group License #318157

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,614

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 107x288x40x152x60x194
  • Partially Wooded Lot
  • Property is zoned R-6

Schools

  • Olds Elementary School
  • Martin Middle School
  • Broughton High School

Utilities

  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$4,614

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 107x288x40x152x60x194
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Horse YN2: No
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • Vegetation Partially Wooded: Yes
  • General Property Information Lot Size Square Feet2: 23522.4
  • General Property Information Lot Size Acres: 0.54
  • General Property Information Waterfront YN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Community Features:Park2: Yes

Exterior Features

  • Acres: 0.54
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Zoning: R-6
  • Current Use: Vacant
  • Lot Dimensions: 107x288x40x152x60x194
  • Lot Size Sq Ft: 23522.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4613.91
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Olds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2025
Closed on
Jun 12, 2025
Sold by
Gruer Kathleen A
Bought by
Clear Construction Group Llc
Seller's Agent
Linda Wells
POINTE REALTY GROUP LLC
Buyer's Agent
Arya Asgari
Rich Realty Group
List Price
$675,000
Sold Price
$700,000
Premium/Discount to List
$25,000
3.7%
Views
11
Current Estimated Value
$698,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,529
Avg. Annual Appreciation
-16.58%
Original Mortgage
$420,000
Outstanding Balance
$420,000
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
$247,775

Purchase Details

Closed on
Apr 5, 2005
Sold by
City Of Raleigh
Bought by
Wake County Board Of Education

Purchase Details

Closed on
Oct 29, 1999
Sold by
Mcgee B Boon and Mcgee Elizabeth H
Bought by
Heeter Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.81%

Purchase Details

Closed on
Jun 18, 1999
Sold by
Stanley Norman K and Stanley Evelyn B
Bought by
Mcgee Brandon B and Howell Mcgee Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,180
Interest Rate
7.04%
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $700,000 None Listed On Document
Warranty Deed $700,000 None Listed On Document
Special Warranty Deed -- --
Warranty Deed $215,000 --
Warranty Deed $55,000 --
Warranty Deed $31,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 Construction
Closed $420,000 Construction
Previous Owner $110,900 New Conventional
Previous Owner $145,900 Unknown
Previous Owner $150,000 No Value Available
Previous Owner $128,180 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Sold $700,000 +3.7% $379 / Sq Ft
03/22/2025 03/22/25 Pending -- -- --
03/15/2025 03/15/25 For Sale $675,000 -- $366 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

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
2025 $4,633 $531,250 $531,250 --
2024 $4,614 $531,250 $531,250 $0
2023 $3,764 $345,312 $345,312 $0
2022 $3,496 $345,312 $345,312 $0
2021 $3,360 $345,312 $345,312 $0
2020 $3,298 $345,312 $345,312 $0
2019 $3,826 $328,414 $224,400 $104,014
2018 $3,608 $328,414 $224,400 $104,014
2017 $3,436 $328,414 $224,400 $104,014
2016 $3,366 $328,414 $224,400 $104,014
2015 $3,569 $342,697 $237,000 $105,697
2014 $3,385 $342,697 $237,000 $105,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10082566

Doorify MLS

APN: 0794.12-86-6014-000