NOT LISTED FOR SALE

2824 Providence Rd Raleigh, NC 27610

Southeast Raleigh Neighborhood

Estimated Value: $888,000 - $948,499

0.46 Acre
$2,018,750 Price per Acre
20,038 Sq Ft Lot

Last Sold August 03, 2023

Last sale price $250,000 $209 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $5,573/month

1 Day on Market

About This Lot

As of August 2023

Unique .46 acre lot minutes from Downtown ready for build with a duplex already approved/foundation underway in addition to a 2 bedroom ADU with submitted permit awaiting a few minor plan modifications for final approval. City water already brought on site/metered, existing curb cut and cleared level lot. Fantastic opportunity to build a total of 3 units in a neighborhood with new single family construction turning and more on the way. Hit the ground running on this project that is ready to roll. Build and enjoy the rental income while your investment appreciates.

Last Agent to Sell the Property

Natalee Choby

Rich Realty Group License #231144 Listed on: 07/24/2023

Last Buyer's Agent

Eddie Wilson

RIG REAL ESTATE LLC License #307862

RIG REAL ESTATE LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,626

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200x100x200
  • Level Lot
  • Cleared Lot

Parking

  • Driveway

Schools

  • Walnut Creek Elementary School
  • West Lake Middle School
  • S E Raleigh High School

Community Details

  • Green Valley Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$6,626

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Green Valley
  • General Property Information Lot Size Dimensions: 100x200x100x200
  • Water Source Public: Yes
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Vegetation Cleared2: Yes
  • Lot Features Driveway2: Yes
  • General Property Information Lot Size Acres: 0.46
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.46
  • Lot Features:Level: Yes
  • Lot Features:Other19: Yes

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Schools

  • Ninth Grade High School: Wake - S E Raleigh
  • Middle Or Junior School: Wake - West Lake

Lot Info

  • Current Use: Vacant
  • Lot Dimensions: 100x200x100x200
  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Walnut Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2025
Sold by
Koppin Capital Llc
Bought by
Romero Jose J Montalvo and Montalvo Narcisa
Current Estimated Value
$928,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,000
Outstanding Balance
$649,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$321,297

Purchase Details

Closed on
Mar 11, 2011
Sold by
U S Bank National Association
Bought by
Linarez Garcia Crisanto and Gomez Zambrano Eujenia

Purchase Details

Closed on
Oct 26, 2010
Sold by
Farmer Mary G and Farmer Mckinley
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 30, 2006
Sold by
Boling Karen Jones and Boling Robert
Bought by
Farmer Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,475
Interest Rate
6.6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 20, 1997
Sold by
Hawley David Lee
Bought by
Hawley Karen Jones
Source: Public Records

Range of Values:

Collateral Analytics

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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
Romero Jose J Montalvo $945,000 None Listed On Document
Linarez Garcia Crisanto $65,000 None Available
U S Bank National Association $60,672 None Available
Farmer Mary G $114,000 None Available
Hawley Karen Jones -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Jose J Montalvo $649,000
Previous Owner Koppin Capital Llc $500,000
Previous Owner Capital Property Partners Llc $575,000
Previous Owner Farmer Mckinley $28,475
Previous Owner Farmer Mary G $85,425
Previous Owner Boling J R $81,000
Previous Owner Hawley Karen J $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Off Market $250,000 -- --
12/15/2023 12/15/23 Off Market $200,000 -- --
08/03/2023 08/03/23 Sold $250,000 0.0% $209 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $250,000 +25.0% $209 / Sq Ft
04/22/2022 04/22/22 Sold $200,000 -18.4% $167 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $245,000 0.0% $204 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $245,000 -- $204 / 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 $6,626 $756,046 $200,000 $556,046
2023 $491 $45,000 $45,000 $0
2022 $1,570 $153,050 $45,000 $108,050
2021 $1,509 $153,050 $45,000 $108,050
2020 $1,482 $153,050 $45,000 $108,050
2019 $1,352 $114,970 $30,000 $84,970
2018 $1,276 $114,970 $30,000 $84,970
2017 $1,216 $114,970 $30,000 $84,970
2016 $1,191 $114,970 $30,000 $84,970
2015 $1,242 $117,964 $32,000 $85,964
2014 $1,178 $117,964 $32,000 $85,964
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Natalee Choby

    Rich Realty Group

    (919) 264-4977

    1 in this area

    28 Total Sales

    Natalee Choby
    Section Image
  • Eddie Wilson

    Buyer's Agent in 2023

    Eddie Wilson

    RIG REAL ESTATE LLC

    (919) 600-4959

    4 in this area

    118 Total Sales

    Eddie Wilson
    Section Image

  • M

    Seller's Agent in 2022

    Marlene Rivas

    Carolina MaxRealty, Inc.

  • Tyronne Williams

    Buyer's Agent in 2022

    Tyronne Williams

    Nest Realty of the Triangle

    (919) 949-9359

    1 in this area

    38 Total Sales

    Tyronne Williams
    Section Image

  • T

    Buyer's Agent in 2022

    Tye Williams

    Keller Williams Preferred Realty

See All Agents

Map

Source: Doorify MLS

MLS Number: 2523293

Doorify MLS

APN: 1722.11-65-3594-000

North Carolina Wake County Raleigh 27610 Southeast Raleigh

2824 Providence Rd, Raleigh, NC

This home is located at 2824 Providence Rd, Raleigh, NC 27610 since 24 July 2023 and is currently estimated at $928,625, approximately $775 per square foot. 2824 Providence Rd is a home located in Wake County with nearby schools including Walnut Creek Elementary School, West Lake Middle, and Southeast Raleigh Magnet High School.

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Doorify MLS 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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