$75,000
SOLD AUG 11, 2022
0.12 Acre
$625,000 Price per Acre
5,227 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

29% Below List Price

38 Days on Market

About This Lot

As of August 2023

Vacant lot ready to build on. 0.12 acre lot, short commute to and from downtown Raleigh. Convenient to shopping centers and highways.

Last Agent to Sell the Property

Marla McNair

1st Class Real Estate Legacy License #301115 Listed on: 05/23/2022

Last Buyer's Agent

Jonathan Andrews

Hornet Realty LLC License #245087

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,995

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Cable TV Available

Community Details

  • Williford Place Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,995

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Williford Place
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Vegetation Cleared2: Yes
  • General Property Information Lot Size Acres: 0.12
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.12
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2023
Closed on
Aug 14, 2023
Sold by
Hornet Homes Llc
Bought by
Hess Sean Burgess
Seller's Agent
Jonathan Andrews
Hornet Realty LLC
Buyer's Agent
Amir Hunter
eXp Realty, LLC - C
List Price
$350,000
Sold Price
$343,000
Premium/Discount to List
-$7,000
-2%
Views
36
Current Estimated Value
$357,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,674
Avg. Annual Appreciation
1.99%
Original Mortgage
$336,787
Outstanding Balance
$330,621
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$25,933

Purchase Details

Listed on
May 23, 2022
Closed on
Aug 11, 2022
Sold by
Sivad Homes Llc
Bought by
Hornet Homes Llc
Seller's Agent
Marla McNair
1st Class Real Estate Legacy
Buyer's Agent
Jonathan Andrews
Hornet Realty LLC
List Price
$106,000
Sold Price
$75,000
Premium/Discount to List
-$31,000
-29.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
350.50%
Original Mortgage
$245,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2017
Sold by
Housing Authority Of The City Of Raleigh
Bought by
Sivad Homes Llc

Purchase Details

Closed on
Jun 15, 2001
Sold by
Jordans Construction Inc
Bought by
Housing Authority Of The City Of Raleigh
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 $343,000 None Listed On Document
Warranty Deed $75,000 Thomas Dale L
Warranty Deed $23,000 None Available
Warranty Deed $104,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,787 FHA
Previous Owner $245,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $75,000 -- --
08/15/2023 08/15/23 Sold $343,000 +0.9% $230 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/13/2023 07/13/23 Price Changed $340,000 -1.4% $228 / Sq Ft
07/07/2023 07/07/23 Price Changed $345,000 -1.4% $232 / Sq Ft
06/30/2023 06/30/23 For Sale $350,000 +366.7% $235 / Sq Ft
08/11/2022 08/11/22 Sold $75,000 -16.7% $63 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $90,000 -15.1% $75 / Sq Ft
05/23/2022 05/23/22 For Sale $106,000 -- $88 / 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
2024 $2,995 $342,531 $80,000 $262,531
2023 $273 $25,000 $25,000 $0
2022 $253 $25,000 $25,000 $0
2021 $243 $25,000 $25,000 $0
2020 $239 $25,000 $25,000 $0
2019 $290 $25,000 $25,000 $0
2018 $273 $25,000 $25,000 $0
2017 $260 $25,000 $25,000 $0
2016 $0 $114,674 $25,000 $89,674
2015 -- $120,415 $30,000 $90,415
2014 -- $120,415 $30,000 $90,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2451059

Doorify MLS

APN: 1733.18-21-5890-000