NOT LISTED FOR SALE

Estimated Value: $2,757,726 - $3,016,000

50.26 Acres
$57,439 Price per Acre
2,189,326 Sq Ft Lot

Sale Details

Date Sold: July 8, 2025

Last sale price $2,804,080 $2,276 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $16,611 / mo

1924 Days on Market

Highlights

  • 50.26 Acre Lot
  • Heavily Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of July 2025

Development opportunity! Can be part of an Assemblage includes the properties: 1902 Virgil Rd 3522 Coley Rd 3516 Coley Rd

Last Agent to Sell the Property

Michelle Edwards Mitchell

Keller Williams Elite Realty License #121569 Listed on: 09/02/2016

Keller Williams Elite Realty

Co-Listed By

Joe Mitchell

Keller Williams Elite Realty License #235545

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Lot Details

  • 50.26 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Heavily Wooded Lot

Schools

  • Spring Valley Elementary School
  • Neal Middle School
  • Southern High School

Utilities

  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Lot Details

50.26 Acres

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Co List Office Phone: 984-244-5830
  • Subdivision Name: Not in a Subdivision
  • Lot Features Partially Cleared: Yes
  • Utilities Cable Available: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Vegetation Cleared2: Yes
  • Vegetation Heavily Wooded: Yes
  • General Property Information Lot Size Acres: 50.256
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 50.26
  • Lot Features:Wooded: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available

Schools

  • Ninth Grade High School: Durham - Southern
  • Middle Or Junior School: Durham - Neal

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 2189151.36
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Spring Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Jul 3, 2025
Sold by
Ketner Linda C and Ketner Terry
Bought by
M/I Homes Of Raleigh Llc
Seller's Agent
Michelle Edwards Mitchell
Keller Williams Elite Realty
Buyer's Agent
Non Member
Non Member Office
List Price
$2,512,800
Sold Price
$2,804,080
Premium/Discount to List
$291,280
11.59%
Current Estimated Value
$2,886,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,783
Avg. Annual Appreciation
3.80%
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
M/I Homes Of Raleigh Llc $2,804,500 None Listed On Document
M/I Homes Of Raleigh Llc $2,804,500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2025 07/08/25 Sold $2,804,080 +11.6% $2,276 / Sq Ft
12/14/2023 12/14/23 Off Market $2,512,800 -- --
12/08/2021 12/08/21 Pending -- -- --
09/01/2016 09/01/16 For Sale $2,512,800 -- $2,040 / Sq Ft
Source: Doorify MLS

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 $15,494 $1,603,127 $1,576,681 $26,446
2024 $538 $532,254 $514,139 $18,115
2023 $512 $532,254 $514,139 $18,115
2022 $576 $41,367 $23,252 $18,115
2021 $363 $41,367 $23,252 $18,115
2020 $355 $41,367 $23,252 $18,115
2019 $350 $41,367 $23,252 $18,115
2018 $320 $487,929 $475,309 $12,620
2017 $4,357 $487,929 $475,309 $12,620
2016 $4,223 $824,080 $798,840 $25,240
2015 $3,628 $377,943 $358,374 $19,569
2014 $3,647 $377,943 $358,374 $19,569
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2087619

Doorify MLS

APN: 194846

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