2802 Milburnie Rd Raleigh, NC 27610
King Charles NeighborhoodEstimated payment $5,870/month
Total Views
264
1.64
Acres
$640,244
Price per Acre
71,438
Sq Ft Lot
Highlights
- 1.64 Acre Lot
- Partially Wooded Lot
- 3-minute walk to Culpepper Circle Park
- Douglas Elementary Rated A-
- No HOA
About This Lot
Excellent development opportunity in prime Raleigh location! Zoned OX-5 (Mixed Use) with an unapproved preliminary site plan for apartment building or up to 10 townhomes. Recently recombined to 1.634 acres. ROW agreement in place for access from New Bern Ave; Milburnie Rd frontage. The New Bern Ave BRT (Bus Rapid Transit) corridor is slated to begin construction Fall 2025. Minutes to WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail. Now is the time to invest in this emerging, transit-oriented health and education district! Maps and proposed site plans available for review.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,373
Lot Details
- 1.64 Acre Lot
- Partially Wooded Lot
- Property is zoned OX-5
Schools
- Wake County Schools Elementary And Middle School
- Wake County Schools High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1724112444
Map
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Home Values in the Area
Average Home Value in this Area
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 | -- | $386,814 | $386,814 | -- |
2024 | $3,359 | $386,814 | $386,814 | $0 |
2023 | $2,783 | $255,297 | $255,297 | $0 |
2022 | $2,585 | $255,297 | $255,297 | $0 |
2021 | $2,484 | $255,297 | $255,297 | $0 |
2020 | $2,439 | $255,297 | $255,297 | $0 |
Source: Public Records
Property History
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
10/02/2025 10/02/25 | For Sale | $1,050,000 | -- | -- |
Source: Doorify MLS
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Special Warranty Deed | -- | None Listed On Document | |
Special Warranty Deed | -- | None Listed On Document | |
Interfamily Deed Transfer | -- | -- |
Source: Public Records
Source: Doorify MLS
MLS Number: 10125425

APN: 1724.17-11-2424-000
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