NOT LISTED FOR SALE

1620 Ella Wiggins Way Raleigh, NC 27603

Caraleigh Neighborhood

Estimated Value: $410,000

0.04 Acre
$10,250,000 Price per Acre
1,742 Sq Ft Lot

Last Sold May 30, 2023

Last sale price $204,000

Est. 101% increase in value since last sale

Current estimated payment $2,469/month

10 Days on Market

About This Lot

As of May 2023

Rare opportunity to purchase ready-to-build single family lots in the heart of Downtown Raleigh’s Southern Gateway. These homesites are walking distance to Dix Park, the Farmers Market, and the Downtown South Development area that has just started construction. Of the initial 47 lots in the first phase of Caraleigh Commons, 32 stunning custom homes have been completed in styles ranging from charming historic replicas to sleek modern masterpieces. All the homes and lots feature skyline views with most including rooftop decks. Current homes are selling for over a million dollars. There are 15 SFH lots left in phase one. All the remaining lots are for sale, but must be purchased in groups of at least 3 to receive the listed pricing.

Last Agent to Sell the Property

Richard Johnson

Cityspace Management License #221471 Listed on: 02/23/2023

Last Buyer's Agent

Joe Alercia

RE/MAX United License #163402

RE/MAX United

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,823

Lot Details

  • 1,742 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Schools

  • Farmington Woods Elementary School
  • Martin Middle School
  • Broughton High School

Utilities

  • Conventional Septic
  • Cable TV Available

Community Details

  • Caraleigh Village Subdivision
  • The community has rules related to alterations or architectural changes

Property Details

Property Type

Land

Est. Annual Taxes

$2,823

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Caraleigh Village
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • Restrictions Architectural Review: Yes
  • Vegetation Cleared2: Yes
  • Sewer Conventional3: Yes
  • General Property Information Lot Size Acres: 0.04
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.04
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Farmington Woods

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
A Squared Llc
Bought by
Ducatte Kerstin
Current Estimated Value
$410,000
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 Buyer Sale Price Title Company
Ducatte Kerstin $210,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caraleigh Village Llc $200,000
Previous Owner Hometrust Bank $1,196,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $204,000 -- --
05/30/2023 05/30/23 Sold $204,000 -20.3% --
03/03/2023 03/03/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $256,000 -- --
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 $2,823 $325,000 $325,000 $0
2023 $2,098 $192,500 $192,500 $0
2022 $1,949 $192,500 $192,500 $0
2021 $1,873 $192,500 $192,500 $0
2020 $1,839 $192,500 $192,500 $0
2019 $927 $80,000 $80,000 $0
2018 $874 $80,000 $80,000 $0
2017 $0 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2496615

Doorify MLS

APN: 1703.17-21-2773-000