NOT LISTED FOR SALE

1305 Nottingham Rd Raleigh, NC 27607

Sunset Hills Neighborhood

Estimated Value: $535,000 - $1,479,889

0.51 Acres
$1,714,306 Price per Acre
22,216 Sq Ft Lot

Last Sold February 20, 2024

Last sale price $1,390,000

Est. 37% decrease in value since last sale

Current estimated payment $5,423/month

2 Days on Market

Highlights

  • 0.51 Acre Lot
  • Park or Greenbelt View
  • Park
  • Lacy Elementary Rated A
  • No HOA
  • Lot Has A Rolling Slope

About This Lot

As of February 2024

PRICED BELOW TAX VALUE!
INVESTORS, THIS IS FOR YOU!! Income producing 2 DUPLEXES!! Keep them as rentals or demo and build Custom homes.In this established very quiet SUNSET HILLS community off of Wade Ave ITB build upto 4 homes. Bring your builder for a CUSTOM LUXURY MODERN home! Check out the Street View or drive by to see neighboring new $1.3M-$2.5M homes on the street. Neighboring Ridgewood Shopping center, Village district, and Downtown Raleigh will accommodate your sophisticated lifestyle and social needs.

Last Agent to Sell the Property

Elena Stoyanova

CAROLINAS METRO REALTY I LLC License #336221 Listed on: 01/16/2024

CAROLINAS METRO REALTY I LLC

Last Buyer's Agent

Matthew Rollins

Berkshire Hathaway HomeService License #279118

Berkshire Hathaway HomeService

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,965

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 168x155x135x164
  • Lot Has A Rolling Slope
  • Few Trees
  • Front Yard
  • Property is zoned R10

Home Design

  • Proposed Property

Additional Features

  • Park or Greenbelt Views
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0794683035, 0794683049, 0794683011, 0794683153

Community Details

Overview

  • No Home Owners Association
  • Sunset Hills Subdivision

Recreation

  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$10,965

Lot Details

0.51 Acres

Listing Details

  • Prop. Type: Land
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Sunset Hills
  • General Property Information Lot Size Dimensions: 168X155X135X164
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: PRICED BELOW TAX VALUE! INVESTORS, THIS IS FOR YOU!! Income producing 2 DUPLEXES!! Keep them as rentals or demo and build Custom homes.In this established very quiet SUNSET HILLS community off of Wade Ave ITB build upto 4 homes. Bring your builder for a CUSTOM LUXURY MODERN home! Check out the Street View or drive by to see neighboring new $1.3M-$2.5M homes on the street. Neighboring Ridgewood Shopping center, Village district, and Downtown Raleigh will accommodate your sophisticated lifestyle and social needs.
  • General Property Information Senior Community YN: No
  • General Property Information Horse YN2: No
  • Utilities Electricity Available: Yes
  • Utilities Water Connected: Yes
  • Contract Information Lease Term: 12 Months
  • Utilities Sewer Connected: Yes
  • General Property Information Lot Size Square Feet2: 22215.6
  • General Property Information Lot Size Acres: 0.51
  • View ParkGreenbelt: Yes
  • Development Status Proposed: Yes
  • General Property Information Waterfront YN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Development, Investment, Multi-Family, Residential, Single Family
  • Community Features:Sidewalks: Yes
  • Community Features:Park2: Yes

Exterior Features

  • Acres: 0.51
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:Few Trees: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected, Water Connected

Condo/Co-op/Association

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

Association/Amenities

  • Horse Amenities:None11: Yes
  • General Property Information:Association YN: No

Lot Info

  • Zoning: R10
  • Development Status: Proposed
  • Horse Amenities: None
  • Lot Dimensions: 168X155X135X164
  • Lot Size Sq Ft: 22215.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 0794683035, 0794683049, 0794683011, 0794683153

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Tax Annual Amount: 10965.0
  • Tax Year: 2024

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $1,390,000 -0.6% --
01/19/2024 01/19/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $1,398,000 -3.6% --
01/16/2024 01/16/24 For Sale $1,450,000 -- --
Source: Doorify MLS

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
2023 $2,894 $261,795 $240,000 $21,795
Source: Public Records

Agents Affiliated with this Home

  • Elena Stoyanova

    Seller's Agent in 2024

    Elena Stoyanova

    CAROLINAS METRO REALTY I LLC

    (919) 802-8538

    4 in this area

    28 Total Sales

    Elena Stoyanova
    Section Image

  • M

    Buyer's Agent in 2024

    Matthew Rollins

    Berkshire Hathaway HomeService

    (919) 280-9425

    16 in this area

    94 Total Sales

    Matthew Rollins
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10006459

Doorify MLS

APN: 0794.07-68-3011-000

North Carolina Wake County Raleigh 27607 Sunset Hills

1305 Nottingham Rd, Raleigh, NC

Not Listed for Sale

Lots

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