$12,000,000

Estimated payment $66,943/month

Total Views 58,050
4.89 Acres
$2,453,988 Price per Acre
213,008 Sq Ft Lot

Highlights

  • 4.89 Acre Lot
  • Wooded Lot
  • No HOA
  • Enloe High Rated A+

About This Lot

This property has been rezoned by the City of Raleigh for CX-12-UG-CU (TOD). The zoning allows for a Residential Commercial mix development from 16 to 20 stories possible. Up to 928 units of condos, apartment and or hotel rooms. The City is underway for the first proposed BRT station at this location on New Bern Avenue. In addition to the 928 units, there is 70k square of office and 20k for commercial uses.

Listing Agent

J.W. Shearin

Coldwell Banker HPW License #265200 Listed on: 10/25/2023

Coldwell Banker HPW

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,013

Lot Details

  • 4.89 Acre Lot
  • Lot Dimensions are 247x650x1400x271x635x912
  • Wooded Lot
  • Property is zoned CX12

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 1724221587

Property Details

Property Type

Land

Est. Annual Taxes

$24,013

Lot Details

4.89 Acres

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: 4 Lane Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Not in a Subdivision
  • Vegetation Wooded Description: Hardwoods
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 4.89

Utilities

  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Zoning: CX12
  • Current Use: Vacant
  • Lot Dimensions: 247x650x1400x271x635x912
  • Lot Size Sq Ft: 213008.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 1724221587

Tax Info

  • Tax Annual Amount: 24012.78
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake County Schools

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $24,013 $2,753,436 $2,753,436 --
2024 $23,914 $2,753,436 $2,753,436 $0
2023 $12,862 $1,180,044 $1,180,044 $0
2022 $11,948 $1,180,044 $1,180,044 $0
2021 $11,482 $1,180,044 $1,180,044 $0
2020 $11,272 $1,180,044 $1,180,044 $0
2019 $12,171 $1,050,239 $1,050,239 $0
2018 $11,475 $1,050,239 $1,050,239 $0
2017 $10,926 $1,050,239 $1,050,239 $0
2016 $13,910 $1,365,311 $1,365,311 $0
2015 $5,431 $524,464 $524,464 $0
2014 $5,149 $524,464 $524,464 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2024 02/18/24 For Sale $12,000,000 0.0% --
12/16/2023 12/16/23 Off Market $12,000,000 -- --
10/25/2023 10/25/23 For Sale $12,000,000 -- --
Source: Doorify MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $585,000 --
Deed $800,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $585,000 No Value Available
Source: Public Records

Source: Doorify MLS

MLS Number: 2538929

Doorify MLS

APN: 1724.13-22-1587-000

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