Seller's Agent in 2025
Ryan Sabatini
Rich Realty Group
(408) 623-7640
5 in this area
69 Total Sales
321 Martin Luther King jr Blvd Raleigh, NC 27601
South Park Neighborhood
3
Beds
1
Bath
1,400
Sq Ft
6,098
Sq Ft Lot
Highlights
- Downtown View
- Wood Flooring
- Enclosed patio or porch
- Joyner Elementary School Rated A-
- No HOA
- 4-minute walk to Junious N. Sorrell Park
About This Home
As of January 2025In this part of a growing city where land is a at premium, 321 Martin Luther King Jr. Blvd is a prime lot in the heart of Downtown Raleigh ready to be reimagined.
This lot is a great fit for investors looking to make their mark downtown. Expand off of the existing footprint, or look to tear down add density to this sought-after location. Perfectly situated on an easily accessible road and only two blocks from John Chavis Memorial Park, less than a mile to the City Center and Red Hat Amphiteater and an even shorter stroll to other downtown dining and retail attractions.
A golden opportunity to own a piece of the fabric of Downtown Raleigh. Home is unsafe to walk through - please use CAUTION.
Last Agent to Sell the Property
Rich Realty Group License #322298 Listed on: 11/15/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,999
Year Built
- Built in 1940
Home Design
- Bungalow
- Fixer Upper
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
- Shingle Roof
- Lead Paint Disclosure
Interior Spaces
- 1,400 Sq Ft Home
- 1-Story Property
- Downtown Views
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Private Driveway
- 2 Open Parking Spaces
- Off-Street Parking
Schools
- Joyner Elementary School
- Moore Square Museum Middle School
- Broughton High School
Utilities
- Cooling Available
- Central Heating
- Septic System
Additional Features
- Enclosed patio or porch
- 6,098 Sq Ft Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 21
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2024
Closed on
Dec 23, 2024
Sold by
Lindsay Lawrence C and Mcclain Valerie L
Bought by
Everling Real Estate Group Llc
Seller's Agent
Ryan Sabatini
Rich Realty Group
Buyer's Agent
Dimitrios Christie
Century 21 Triangle Group
List Price
$300,000
Sold Price
$209,500
Premium/Discount to List
-$90,500
-30.17%
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,829
Avg. Annual Appreciation
78.89%
Original Mortgage
$365,350
Outstanding Balance
$46,582
Interest Rate
6.84%
Mortgage Type
Construction
Estimated Equity
$248,677
Purchase Details
Closed on
Jun 13, 2008
Sold by
Lindsey Margaret B
Bought by
Lindsey Lawrence Ashley
Purchase Details
Closed on
May 12, 1999
Sold by
Mcclain Leon
Bought by
Lindsey Margaret B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
5.25%
Create a Home Valuation Report for This Property
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $209,500 | None Listed On Document | |
| Warranty Deed | $209,500 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $56,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $365,350 | Construction | |
| Closed | $365,350 | Construction | |
| Previous Owner | $44,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/03/2025 01/03/25 | Sold | $209,500 | -30.2% | $150 / Sq Ft |
| 12/10/2024 12/10/24 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | For Sale | $300,000 | 0.0% | $214 / Sq Ft |
| 11/05/2024 11/05/24 | Pending | -- | -- | -- |
| 10/28/2024 10/28/24 | For Sale | $300,000 | -- | $214 / 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 | $2,999 | $342,959 | $319,000 | $23,959 |
| 2023 | $1,790 | $162,369 | $140,000 | $22,369 |
| 2022 | $1,664 | $162,369 | $140,000 | $22,369 |
| 2021 | $1,600 | $162,369 | $140,000 | $22,369 |
| 2020 | $1,571 | $162,369 | $140,000 | $22,369 |
| 2019 | $962 | $81,274 | $72,000 | $9,274 |
| 2018 | $908 | $81,274 | $72,000 | $9,274 |
| 2017 | $866 | $81,274 | $72,000 | $9,274 |
| 2016 | $848 | $81,274 | $72,000 | $9,274 |
| 2015 | $898 | $84,809 | $52,000 | $32,809 |
| 2014 | $853 | $84,809 | $52,000 | $32,809 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2025
Dimitrios Christie
Century 21 Triangle Group
(919) 454-1348
1 in this area
16 Total Sales
Map
Source: Doorify MLS
MLS Number: 10060599
APN: 1703.51-85-4291-000
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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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