1825 Reaves Dr Raleigh, NC 27608
Five Points East NeighborhoodEstimated Value: $605,000 - $1,915,000
2
Beds
1
Bath
825
Sq Ft
$1,621/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- 1-Story Property
- Underwood Magnet Elementary School Rated A
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of May 2021Bring your own builder to this tear down opportunity in the Five Points Neighborhood. This rare opportunity offers a flat, deep lot to build your dream home. The location can't be beat as it offers no Home Owner's Association, walk-able to parks, restaurants, shops & breweries, 5 minutes to downtown, & within 1-2 miles of major redevelopments (Iron Works, Smoky Hollow, Seaboard Station, to name a few).
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,234
Year Built
- Built in 1950
Lot Details
- 8,712 Sq Ft Lot
Home Design
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 825 Sq Ft Home
- 1-Story Property
- Wood Flooring
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- Private Driveway
- On-Street Parking
Schools
- Underwood Elementary School
- Oberlin Middle School
- Broughton High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- No Home Owners Association
- Association fees include unknown
- Georgetown Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 24, 2021
Sold by
Tuscany Construction Group Llc
Bought by
Kinnaird Linden and Kinnaird Caitlyn
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,317,500
Outstanding Balance
$1,234,174
Interest Rate
3.09%
Mortgage Type
Construction
Estimated Equity
$169,961
Purchase Details
Listed on
Apr 26, 2021
Closed on
May 21, 2021
Sold by
Stanton Elsie C and Stanton Elsi Anna
Bought by
Tuscany Construction Group Llc
Seller's Agent
Wilson Crow
RE/MAX Capital
Buyer's Agent
Joseph Hodge
Hodge & Kittrell Sotheby's Int
List Price
$450,000
Sold Price
$450,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.72%
Original Mortgage
$326,400
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Similar Homes in Raleigh, NC
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kinnaird Linden | $468,000 | None Available | |
| Tuscany Construction Group Llc | $450,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kinnaird Linden B | $220,000 | |
| Open | Kinnaird Linden | $1,317,500 | |
| Previous Owner | Tuscany Construction Group Llc | $326,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Off Market | $450,000 | -- | -- |
| 05/28/2021 05/28/21 | Sold | $450,000 | 0.0% | $545 / Sq Ft |
| 04/28/2021 04/28/21 | Pending | -- | -- | -- |
| 04/26/2021 04/26/21 | For Sale | $450,000 | -- | $545 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $13,745 | $1,580,314 | $530,000 | $1,050,314 |
| 2023 | $10,781 | $987,207 | $320,000 | $667,207 |
| 2022 | $3,240 | $320,000 | $320,000 | $0 |
| 2021 | $3,294 | $336,499 | $320,000 | $16,499 |
| 2020 | $3,234 | $336,499 | $320,000 | $16,499 |
| 2019 | $2,846 | $243,872 | $220,000 | $23,872 |
| 2018 | $0 | $243,872 | $220,000 | $23,872 |
| 2017 | $0 | $243,872 | $220,000 | $23,872 |
| 2016 | $2,505 | $243,872 | $220,000 | $23,872 |
| 2015 | -- | $238,797 | $156,000 | $82,797 |
| 2014 | -- | $238,797 | $156,000 | $82,797 |
Source: Public Records
Agents Affiliated with this Home
-
Wilson Crow
W
Seller's Agent in 2021
Wilson Crow
RE/MAX
(919) 810-8665
24 in this area
109 Total Sales
-
Joseph Hodge
J
Buyer's Agent in 2021
Joseph Hodge
Hodge & Kittrell Sotheby's Int
(919) 818-2071
3 in this area
96 Total Sales
Map
Source: Doorify MLS
MLS Number: 2380085
APN: 1704.08-78-6388-000
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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