NOT LISTED FOR SALE

1017 Trailwood Dr Raleigh, NC 27606

Estimated Value: $998,000 - $1,356,000

2.5 Acres
$483,982 Price per Acre
108,900 Sq Ft Lot

Last Sold June 28, 2024

Last sale price $1,000,000 $720 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,689/month

29 Days on Market

About This Lot

As of June 2024

2.5 +/- acres located just off Avent Ferry Road in the heart of NCSU student living. Wolfline Bus Stop located 0.20 miles from property. Currently zoned R4 which allows for:Single-unit living in a detached house, or tiny house Two-unit living. Minimum lot size of 10,000 SF Adjacent property was recently rezoned to R-10 which allows for: Single-unit living in a detached house, or tiny house, and
› Two-unit living in an attached house, townhouse Minimum lot size of 4,000 SF
Public water and sewer stubbed to property

Last Agent to Sell the Property

Michael Keen

TradeMark Residential License #141045 Listed on: 03/23/2024

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,712

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 195 x 250

Schools

  • Dillard Elementary School
  • Centennial Campus Middle School
  • Athens Dr High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$2,712

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 195 x 250
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Square Feet2: 108900.0
  • General Property Information Lot Size Acres: 2.5
  • Other Structures Residence: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Residential, Single Family, Subdivision

Exterior Features

  • Acres: 2.5

Utilities

  • Utilities: Cable Available, Electricity Available, Phone 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 - Athens Dr
  • Middle Or Junior School: Wake - Centennial Campus

Lot Info

  • Current Use: Residential
  • Development Status: Other
  • Lot Dimensions: 195 x 250
  • Lot Size Sq Ft: 108900.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2712.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Dillard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Jun 6, 2024
Sold by
New Leaf Development Llc
Bought by
Floresta Llc
Seller's Agent
Michael Keen
TradeMark Residential
Buyer's Agent
Non Member
Non Member Office
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%
Views
23
Current Estimated Value
$1,209,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,955
Avg. Annual Appreciation
17.06%

Purchase Details

Closed on
Feb 27, 2020
Sold by
Kuipers Michael Hal and Kuipers Tammy Stafford
Bought by
New Leaf Development Llc

Purchase Details

Closed on
Sep 20, 2018
Sold by
Hoffmann William Arthur and Hoffmann Jucilene De Oliveira
Bought by
Kuipers Michael Hal and Kuipers Tammy Stafford

Purchase Details

Closed on
Jul 28, 2010
Sold by
Cox Susan T and Cox James E
Bought by
Hoffmann William Arthur and Hoffmann Jucilene De Oliveria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.74%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Floresta Llc -- None Listed On Document
Floresta Llc $1,000,000 None Listed On Document
New Leaf Development Llc -- None Available
Kuipers Michael Hal $388,000 None Available
Hoffmann William Arthur $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floresta Llc $500,000
Previous Owner Hoffmann William Arthur $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $1,000,000 -20.0% $720 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $1,250,000 -- $901 / 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 $2,920 $453,388 $264,000 $189,388
2024 $2,836 $453,388 $264,000 $189,388
2023 $2,712 $345,273 $129,600 $215,673
2022 $2,514 $345,273 $129,600 $215,673
2021 $2,446 $345,273 $129,600 $215,673
2020 $2,406 $345,273 $129,600 $215,673
2019 $1,711 $207,088 $115,200 $91,888
2018 $0 $207,088 $115,200 $91,888
2017 $0 $207,088 $115,200 $91,888
2016 $0 $207,088 $115,200 $91,888
2015 -- $248,396 $156,000 $92,396
2014 -- $248,396 $156,000 $92,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10018920

Doorify MLS

APN: 0793.13-24-0026-000