$775,000
SOLD FEB 28, 2025
0.38 Acre
$2,039,474 Price per Acre
16,553 Sq Ft Lot

Recently Sold

$598 Per Sq Ft

4% Below List Price

42 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Cul-De-Sac
  • Root Elementary School Rated A

About This Lot

As of February 2025

Remarkable Opportunity on a quiet cul-de-sac in Drewry Hills! This .38-acre lot has been graded, cleared, and fully prepped, making it the perfect canvas for your dream home. Enjoy the convenience of a ready-to-build site in this desirable neighborhood. Don't miss your chance to create the lifestyle you've always wanted!

Last Agent to Sell the Property

Will McElroy

Dogwood Properties License #230639 Listed on: 11/01/2024

Last Buyer's Agent

Jim Allen

Daughtry Realty License #126077

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,404

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 80x183x120x164
  • Cul-De-Sac
  • Cleared Lot
  • Finished Lot(s)

Property Views

  • Neighborhood Views

Schools

  • Root Elementary School
  • Oberlin Middle School
  • Broughton High School

Community Details

  • No Home Owners Association
  • Drewry Hills Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$5,404

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: 2 Lane Road, Public Road
  • Road Surface Type: Paved
  • Reso Association Fee Includes: None
  • Subdivision Name: Drewry Hills
  • General Property Information Lot Size Dimensions: 80x183x120x164
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Water Connected: Yes
  • Vegetation Cleared2: Yes
  • Utilities Sewer Connected: Yes
  • View Neighborhood4: Yes
  • General Property Information Lot Size Square Feet2: 16552.8
  • General Property Information Lot Size Acres: 0.38
  • Development Status Finished Lot(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Acres: 0.38
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Cleared: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Current Use: Single Family
  • Development Status: Finished Lot(s)
  • Lot Dimensions: 80x183x120x164
  • Lot Size Sq Ft: 16552.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5404.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Root

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Feb 18, 2025
Sold by
Sanders John C and Sanders Martha Sickles
Bought by
L & L Of Raleigh Inc
Seller's Agent
Will McElroy
Dogwood Properties
Buyer's Agent
Jim Allen
Daughtry Realty
List Price
$805,000
Sold Price
$775,000
Premium/Discount to List
-$30,000
-3.73%
Views
21
Current Estimated Value
$789,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,819
Avg. Annual Appreciation
3.50%
Original Mortgage
$581,250
Outstanding Balance
$578,321
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$211,498

Purchase Details

Closed on
Aug 25, 2017
Sold by
Martin Michael Anthony and Martin Tonya
Bought by
Sanders John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 17, 2007
Sold by
Martin Michael Anthony and Martin Tonya
Bought by
Martin Michael Anthony and Martin Tonya

Purchase Details

Closed on
Jul 1, 2004
Sold by
Kuehn Molly Miller and Miller Molly Ann
Bought by
Martin Michael Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2001
Sold by
Gaddy Robert B
Bought by
Kuehn Molly Miller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
7.02%

Purchase Details

Closed on
May 14, 1998
Sold by
Heaton James F
Bought by
Gaddy Robert B and Gaddy Shoo Woo F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.1%
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 $775,000 None Listed On Document
Warranty Deed $380,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $229,000 --
Warranty Deed $197,000 --
Warranty Deed $168,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $581,250 Credit Line Revolving
Closed $581,250 Credit Line Revolving
Previous Owner $285,000 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 Credit Line Revolving
Previous Owner $229,000 Purchase Money Mortgage
Previous Owner $157,600 No Value Available
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $775,000 -3.7% $598 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $805,000 -- $621 / 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 $5,494 $630,000 $630,000 --
2024 $5,887 $675,560 $630,000 $45,560
2023 $4,957 $452,966 $427,500 $25,466
2022 $4,606 $452,966 $427,500 $25,466
2021 $4,427 $452,966 $427,500 $25,466
2020 $4,347 $452,966 $427,500 $25,466
2019 $3,940 $338,232 $300,000 $38,232
2018 $3,716 $338,232 $300,000 $38,232
2017 $3,539 $338,232 $300,000 $38,232
2016 $3,466 $338,232 $300,000 $38,232
2015 $3,063 $293,823 $183,000 $110,823
2014 $2,905 $293,823 $183,000 $110,823
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10061344

Doorify MLS

APN: 1705.12-85-3412-000