$350,000

Estimated payment $2,077/month

Total Views 89
0.49 Acre
$714,286 Price per Acre
21,344 Sq Ft Lot

About This Lot

BUILDERS & INVESTORS — MULTIPLE-UNIT POTENTIAL MINUTES FROM RTP & RDU. Nearly 1/2 acre with a survey showing potential for multiple units and the possibility of creating smaller lots, subject to applicable approvals. Water and sewer are available at the street, and the fairly level topography makes this an unusually compelling development opportunity in a highly convenient Triangle location. Located just minutes from Research Triangle Park and RDU International Airport, this property combines location, utility access, usable land, and development potential in one package. Whether you're looking to build multiple homes, create an investment project, or secure land in one of the Triangle's most strategically located areas, 111 Spring Street deserves a serious look. Survey attached. Multiple-unit potential. Water and sewer available. Nearly 1/2 acre. Minutes from RTP and RDU. Opportunities with this combination of location and development potential are difficult to duplicate. Contact the listing agent for survey details and additional information.

Listing Agent

Steven Elliot

HomeSmart License #272510 Listed on: 09/17/2026

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,034

Lot Details

  • 21,344 Sq Ft Lot
  • Lot Dimensions are 98 x 219
  • Partially Wooded Lot
  • Property is zoned R-5

Schools

  • Bethesda Elementary School
  • Neal Middle School
  • Southern School Of Energy And Sustainability High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 158362

Property Details

Property Type

Land

Est. Annual Taxes

$1,034

Lot Details

0.49 Acres

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • DelayedMarketingYN: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTkzMjgzIiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA5LTE3VDE3OjIzOjQ4LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzI1ODcxIiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.aS8SponkRWVs6P5deUuGGtvOh58w1N6ZXc5mOZ_0TDY/badge
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.49

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Ninth Grade High School: Durham - Southern School of Energy and Sustainability
  • Middle Or Junior School: Durham - Neal Middle

Lot Info

  • Zoning: R-5
  • Lot Dimensions: 98 x 219
  • Lot Size Sq Ft: 21344.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 158362

Tax Info

  • Tax Annual Amount: 1033.93
  • Tax Year: 2026

MLS Schools

  • Elementary School: Durham - Bethesda Elementary

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,034 $104,300 $104,300 $0
2025 $1,034 $104,300 $104,300 $0
2024 $312 $22,365 $22,365 $0
2023 $293 $22,365 $22,365 $0
2022 $286 $22,365 $22,365 $0
2021 $285 $22,365 $22,365 $0
2020 $278 $22,365 $22,365 $0
2019 $278 $22,365 $22,365 $0
2018 $405 $29,820 $29,820 $0
2017 $402 $29,820 $29,820 $0
2016 $388 $29,820 $29,820 $0
2015 $301 $21,773 $21,773 $0
2014 $301 $21,773 $21,773 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2026 09/17/26 For Sale $350,000 +27.3% --
05/05/2025 05/05/25 Sold $275,000 -1.8% -- View Prior Sale
03/28/2025 03/28/25 Pending -- -- --
03/18/2025 03/18/25 Price Changed $280,000 -6.7% --
12/08/2024 12/08/24 For Sale $299,999 -- --
Source: Doorify MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $275,000 None Listed On Document
Warranty Deed $36,500 None Available
Warranty Deed $15,000 None Available
Trustee Deed $8,800 None Available
Warranty Deed $26,000 Bb&T
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $26,000 Purchase Money Mortgage
Source: Public Records

Source: Doorify MLS

MLS Number: 10193283

Doorify MLS

APN: 158362

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