NOT LISTED FOR SALE

Estimated Value: $416,661

0.9 Acre
$462,957 Price per Acre
39,204 Sq Ft Lot

Last Sold February 11, 2025

Last sale price $415,000

Current estimated payment $2,721/month

159 Days on Market

Highlights

  • 0.9 Acre Lot
  • Wooded Lot
  • No HOA
  • Creek or Stream View

About This Lot

As of February 2025

Hard to find almost an acre lot inside the beltline. Lots of privacy, all for under $500,000. Pick your own builder, build on your own time frame! Easy access to the greenway & Midtown Consult GIS for floodplain map.

Last Agent to Sell the Property

Joseph Hodge

Hodge & Kittrell Sotheby's Int License #44332 Listed on: 07/17/2024

Hodge & Kittrell Sotheby's Int

Last Buyer's Agent

Courtney Whalen

Compass -- Raleigh License #269960

Compass -- Raleigh

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,384

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 130x117x211x122x200x75
  • Irregular Lot
  • Wooded Lot
  • Property is zoned R-4

Property Views

  • Creek or Stream
  • Neighborhood

Location

  • In Flood Plain
  • Suburban Location

Schools

  • Root Elementary School
  • Oberlin Middle School
  • Broughton High School

Community Details

  • No Home Owners Association
  • Lakestone Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1705181922

Property Details

Property Type

Land

Est. Annual Taxes

$3,384

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: None
  • Subdivision Name: Lakestone
  • General Property Information Lot Size Dimensions: 130x117x211x122x200x75
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Vegetation Wooded2: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • View Neighborhood4: Yes
  • Lot Features Flood Plains: Yes
  • General Property Information Lot Size Square Feet2: 39204.0
  • General Property Information Lot Size Acres: 0.9
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Single Family
  • Community Features:Suburban: Yes

Exterior Features

  • Acres: 0.9
  • Lot Features:Curb Gutter: Yes
  • View:CreekStream: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Lot Info

  • Zoning: R-4
  • Current Use: Unimproved, Vacant
  • Lot Dimensions: 130x117x211x122x200x75
  • Lot Size Sq Ft: 39204.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1705181922
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3384.45
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Root

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Feb 11, 2025
Sold by
Mcmahon Revocable Trust and Mcmahon Timothy M
Bought by
Lone Peak Properties Llc
Seller's Agent
Joseph Hodge
Hodge & Kittrell Sotheby's Int
Buyer's Agent
Courtney Whalen
Compass -- Raleigh
List Price
$495,000
Sold Price
$415,000
Premium/Discount to List
-$80,000
-16.16%
Views
36
Current Estimated Value
$416,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,661
Avg. Annual Appreciation
1.15%

Purchase Details

Closed on
Sep 1, 2020
Sold by
Moore Thomas Edwin and Moore Sarah Howard
Bought by
Mcmahon Timothy M and Memahon Caroline M

Purchase Details

Closed on
Nov 15, 2007
Sold by
Futrell Glenn and Futrell Joy C
Bought by
Glennjan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Lone Peak Properties Llc $415,000 None Listed On Document
Mcmahon Timothy M $400,000 Attorneys Title
Glennjan Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glennjan Llc $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 Sold $415,000 -16.2% --
10/16/2024 10/16/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $495,000 0.0% --
05/12/2024 05/12/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $495,000 -- --
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 $4,794 $552,000 $552,000 $0
2023 $3,384 $310,500 $310,500 $0
2022 $3,144 $310,500 $310,500 $0
2021 $3,021 $310,500 $310,500 $0
2020 -- $252,000 $252,000 $0
2019 -- $169,000 $169,000 $0
2018 -- $169,000 $169,000 $0
2017 -- $169,000 $169,000 $0
2016 -- $169,000 $169,000 $0
2015 -- $168,360 $168,360 $0
2014 -- $168,360 $168,360 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10028246

Doorify MLS

APN: 1705.05-18-1922-000