NOT LISTED FOR SALE

Estimated Value: $473,000

0.19 Acre
$2,489,474 Price per Acre
8,276 Sq Ft Lot

Last Sold August 17, 2022

Last sale price $325,000

Est. 46% increase in value since last sale

Current estimated payment $2,697/month

114 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 1-minute walk to Bragg Street Park
  • Joyner Elementary School Rated A-

About This Lot

As of August 2022

Excellent Investment or Developer Opportunity in Downtown Raleigh. This lot is located just a stroll from the Performing Arts Center and only 2 blocks from South Park's growing Creative Arts District, featuring Bhavana Brewery and Anchorlight Studios. Buyer/BA to confirm all aspects to an as-is sale. No survey available. Acreage per Wake County public records. Buyer to obtain independent survey at buyer's expense to verify metes and bounds if desired.

Last Agent to Sell the Property

Marie Burrell

Generations Real Estate License #295711 Listed on: 04/14/2022

Last Buyer's Agent

Marie Burrell

Century 21 Triangle Group

Property Details

Property Type

  • Land

Lot Details

  • 8,276 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot

Schools

  • Joyner Elementary School
  • Moore Square Museum Middle School
  • Broughton High School

Community Details

  • South Park Subdivision

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: South Park
  • Sewer:Public Sewer: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Excellent Investment or Developer Opportunity in Downtown Raleigh. This lot is located just a stroll from the Performing Arts Center and only 2 blocks from South Park's growing Creative Arts District, featuring Bhavana Brewery and Anchorlight Studios. Buyer/BA to confirm all aspects to an as-is sale. No survey available. Acreage per Wake County public records. Buyer to obtain independent survey at buyer's expense to verify metes and bounds if desired.
  • Vegetation Cleared2: Yes
  • Fencing Partial2: Yes
  • General Property Information Lot Size Acres: 0.19
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial
  • Acres: 0.19
  • Lot Features:Level: Yes

Utilities

  • Utilities: None

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Moore Square Museum

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Joyner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Aug 12, 2022
Sold by
Horton Shelley N and Horton Okechukwu
Bought by
Aquilino Renee Marina
Seller's Agent
Marie Burrell
Generations Real Estate
Buyer's Agent
Marie Burrell
Generations Real Estate
List Price
$360,000
Sold Price
$325,000
Premium/Discount to List
-$35,000
-9.72%
Current Estimated Value
$473,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,000

Purchase Details

Closed on
Jul 21, 2009
Sold by
Wells Fargo Bank Na
Bought by
Horton Shelley

Purchase Details

Closed on
Aug 25, 2008
Sold by
Hunter Betty and Hunter Reginald
Bought by
Wells Fargo Bank Na and Certificateholders Park Place Securities

Purchase Details

Closed on
Mar 31, 2005
Sold by
Davis Elijah L and Davis Carrie S
Bought by
Hunter Reginald and Hunter Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
9.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 12, 1999
Sold by
Smith Garry D and Smith Joyce W
Bought by
Davis Elijah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,500
Interest Rate
7.7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aquilino Renee Marina $325,000 None Listed On Document
Horton Shelley $5,000 None Available
Wells Fargo Bank Na $42,500 None Available
Hunter Reginald $57,000 --
Davis Elijah L $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunter Reginald $51,300
Previous Owner Davis Elijah L $16,500
Closed Hunter Reginald $2,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $325,000 -- --
08/17/2022 08/17/22 Sold $325,000 -9.7% --
08/06/2022 08/06/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $360,000 -- --
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
2025 $2,610 $299,250 $299,250 --
2024 $2,599 $299,250 $299,250 $0
2023 $1,702 $156,188 $156,188 $0
2022 $1,581 $156,188 $156,188 $0
2021 $1,520 $156,188 $156,188 $0
2020 $1,492 $156,188 $156,188 $0
2019 $478 $41,250 $41,250 $0
2018 $451 $41,250 $41,250 $0
2017 $429 $41,250 $41,250 $0
2016 $420 $41,250 $41,250 $0
2015 $249 $24,000 $24,000 $0
2014 $236 $24,000 $24,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2442485

Doorify MLS

APN: 1703.16-73-9909-000