NOT LISTED FOR SALE

Estimated Value: $463,000 - $534,000

0.29 Acre
$1,764,745 Price per Acre
12,632 Sq Ft Lot

Last Sold May 24, 2023

Last sale price $85,000

Est. 502% increase in value since last sale

Current estimated payment $3,055/month

149 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • No HOA
  • Penny Road Elementary School Rated A-

About This Lot

As of May 2023

YOUR BUILDING LOT IS CONVIENTLY LOCATED MINUTES FROM DOWNTOWN RALEIGH. NO RESTRICTIONS! NO HOA! FANTASIC BUILDING LOT IS READY FOR YOUR NEW HOME. THE LOT IS LOCATED IN AN IDEAL LOCATION NEAR RGA GOLF COURSE ON A QUIET DEAD END STREET. IT WON'T LAST LONG, AS LOTS ARE ALMOST NON-EXISTANT THIS CLOSE TO DOWNTOWN RALEIGH. THE LISTING IS NOT IN THE RALEIGH MLS. SEE THE ATTACHED SURVEY. TEXT THE LISTING AGENT WHEN SENDING AN OFFER. EMAIL THE LISTING AGENT FOR ADDITIONAL INFORMATION.

Last Agent to Sell the Property

Manning Outen

Ideal Locations LLC Brokerage Email: manning.ideal.locations@gmail.com License #279877 Listed on: 08/05/2022

Last Buyer's Agent

Manning Outen

Ideal Locations LLC Brokerage Email: manning.ideal.locations@gmail.com License #279877 Listed on: 08/05/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,071

Year Built

  • 2023

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 60x210
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned R-4

Utilities

  • Water Tap or Transfer Fee

Community Details

  • No Home Owners Association
  • Carolina Pines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0115046

Property Details

Property Type

Land

Est. Annual Taxes

$4,071

Year Built

2023

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: no
  • Proposed Special Assessment Desc: no
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: manning.ideal.locations@gmail.com
  • Special Features: None
  • Year Built (Public Record): 2023

Interior Features

  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • Road Frontage: 60
  • Waterfront Features: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, Tap Fee Required
  • Water Source: City, Tap Fee Required

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Private, Wooded
  • Lot Size Area: 0.29
  • Lot Size Units: Acres
  • Parcel Number: 0115046
  • Zoning: R-4
  • Can Be Subdivided: 0
  • Cleared Acres: 0.20
  • Lot Size Acres: 0.29
  • Lot Size: 60X210
  • Lot Size Sq Ft: 12632
  • Wooded Area: 0.09
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-4

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
May 24, 2023
Sold by
Saunders Missie Lowery
Bought by
Dees Construction Llc
Seller's Agent
Manning Outen
Ideal Locations LLC
Buyer's Agent
Manning Outen
Ideal Locations LLC
List Price
$169,500
Sold Price
$85,000
Premium/Discount to List
-$84,500
-49.85%
Total Days on Market
149
Views
134
Current Estimated Value
$511,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,776
Avg. Annual Appreciation
143.20%

Purchase Details

Closed on
Aug 31, 2005
Sold by
Saunders Stacy W
Bought by
Saunders Ronald Bruce

Purchase Details

Closed on
Jul 13, 1988
Bought by
Saunders Ronald Bruce

Purchase Details

Closed on
Dec 27, 1985
Sold by
White Gerald M
Bought by
Saunders Ronald Bruce and Saunders Stacy W
Source: Public Records

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Range of Values:

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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
Dees Construction Llc $85,000 None Listed On Document
Saunders Ronald Bruce -- None Available
Saunders Ronald Bruce -- --
Saunders Ronald Bruce $36,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $85,000 -26.1% --
12/21/2022 12/21/22 Price Changed $115,000 -8.2% --
11/03/2022 11/03/22 Price Changed $125,300 -18.4% --
09/04/2022 09/04/22 Price Changed $153,500 -1.3% --
08/27/2022 08/27/22 Price Changed $155,500 -2.5% --
08/15/2022 08/15/22 Price Changed $159,500 -5.9% --
08/05/2022 08/05/22 For Sale $169,500 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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
2024 $4,071 $466,429 $145,000 $321,429
2023 $654 $60,000 $60,000 $0
2022 $608 $60,000 $60,000 $0
2021 $584 $60,000 $60,000 $0
2020 $573 $60,000 $60,000 $0
2019 $371 $32,000 $32,000 $0
2018 $350 $32,000 $32,000 $0
2017 $333 $32,000 $32,000 $0
2016 $326 $32,000 $32,000 $0
2015 $522 $50,400 $50,400 $0
2014 $495 $50,400 $50,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3891607

Canopy MLS (Canopy Realtor® Association)

APN: 1702.09-06-0974-000