Scott Korbin
Compass -- Cary
(833) 591-1589
93 Total Sales
1 in South Park
$529,500 Price
416 Bragg St Raleigh, NC 27601
South Park NeighborhoodEstimated Value: $182,000
0.06
Acres
$3,033,333
Price per Acre
2,614
Sq Ft Lot
Highlights
- Property is near public transit
- Corner Lot
- Neighborhood Views
- Fuller Elementary Rated A-
- No HOA
- 1-minute walk to Junious N. Sorrell Park
About This Lot
As of December 2024Welcome to your opportunity to create a great home or investment property in the heart of Downtown Raleigh! This awesome vacant lot, situated on a quiet street, is primed and ready for you to build on! Conveniently located just blocks away from the vibrant downtown center, this corner lot offers the perfect urban convenience. Mature trees dot the landscape, providing shade and a sense of natural beauty to the surroundings. For nature enthusiasts, Sorrell Park is just a block away, offering green spaces and recreational amenities for all to enjoy. Additionally, the proximity to Walnut Creek Wetland Nature Center provides access to scenic walking trails and outdoor adventures. Public transportation options are easily accessible, adding to the convenience of this location. Plus, the seller has already had plans drawn up for building on the lot, providing you with a valuable resource to kickstart your construction process if you choose, or you can bring your own builder! Don't miss out on this incredible opportunity to make your mark in Downtown Raleigh. Whether you're envisioning your dream home or seeking a savvy investment opportunity, this vacant lot offers endless possibilities. Seize the chance to turn your vision into reality today!
Last Agent to Sell the Property
Coldwell Banker HPW License #101494 Listed on: 03/27/2024
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Property Details
Property Type
- Land
Est. Annual Taxes
- $1,418
Lot Details
- 2,614 Sq Ft Lot
- Corner Lot
- Rectangular Lot
- Cleared Lot
- Few Trees
- Finished Lot(s)
Schools
- Fuller Elementary School
- Carnage Middle School
- Broughton High School
Additional Features
- Neighborhood Views
- Property is near public transit
Community Details
- No Home Owners Association
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2024
Closed on
Dec 4, 2024
Sold by
Smithers Equity Group Llc
Bought by
Seller's Agent
Ida Terbet
Coldwell Banker HPW
Buyer's Agent
Deline Moscoso
Compass -- Raleigh
List Price
$249,900
Sold Price
$155,000
Premium/Discount to List
-$94,900
-37.98%
Views
341
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
$27,000
Avg. Annual Appreciation
9.44%
Original Mortgage
$770,982
Outstanding Balance
$757,177
Interest Rate
6.54%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$575,177
Purchase Details
Listed on
Jul 22, 2023
Closed on
Aug 31, 2023
Sold by
Watson Brandy L
Bought by
Smithers Equity Group Llc
Seller's Agent
Kelvin Dumas CCIM, CPM, APP, SPS
Offer Realty
Buyer's Agent
Jordan Hatch
Coldwell Banker HPW
List Price
$275,000
Sold Price
$175,000
Premium/Discount to List
-$100,000
-36.36%
Views
94
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.11%
Purchase Details
Closed on
May 4, 2022
Sold by
Brandy Watson
Bought by
Watson Brandy
Purchase Details
Closed on
Jan 3, 2014
Sold by
Grissom Betsy Watson
Bought by
Watson Linda F
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Park, NC
-
Scott Korbin
-
Kathleen LeBlanc
Kathleen LeBlanc
Flex Realty
(984) 500-2456
64 Total Sales
1 in South Park
$375,000 Price
-
Doro Taylor
Doro Taylor
CityGate Real Estate Services
(833) 569-4419
46 Total Sales
1 in South Park
$755,987 Price
-
Jennifer Donahue
Jennifer Donahue
Keller Williams Legacy
(984) 664-5476
128 Total Sales
2 in South Park
$260K - $462K Price Range
-
Sharon Evans
Sharon Evans
EXP Realty LLC
(984) 833-2476
982 Total Sales
1 in South Park
$537,000 Price
-
Cathy Reed
Cathy Reed
Dogwood Properties
(833) 987-4680
130 Total Sales
1 in South Park
$550,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $155,000 | None Listed On Document | ||
| Smithers Equity Group Llc | -- | None Listed On Document | |
| Watson Brandy | -- | None Listed On Document | |
| Watson Linda F | -- | None Available |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $770,982 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $155,000 | -15.0% | $209 / Sq Ft | |
| 11/06/2024 11/06/24 | Pending | -- | -- | -- | |
| 08/26/2024 08/26/24 | Price Changed | $182,400 | -1.4% | $246 / Sq Ft | |
| 07/24/2024 07/24/24 | Price Changed | $184,900 | -2.2% | $250 / Sq Ft | |
| 06/19/2024 06/19/24 | Price Changed | $189,000 | -5.0% | $255 / Sq Ft | |
| 05/13/2024 05/13/24 | Price Changed | $199,000 | -13.1% | $269 / Sq Ft | |
| 04/16/2024 04/16/24 | Price Changed | $228,900 | -4.6% | $309 / Sq Ft | |
| 04/04/2024 04/04/24 | Price Changed | $239,900 | -4.0% | $324 / Sq Ft | |
| 03/27/2024 03/27/24 | For Sale | $249,900 | +42.8% | $337 / Sq Ft | |
| 12/14/2023 12/14/23 | Off Market | $175,000 | -- | -- | |
| 09/01/2023 09/01/23 | Sold | $175,000 | -36.4% | $190 / Sq Ft | View Prior Sale |
| 08/21/2023 08/21/23 | Pending | -- | -- | -- | |
| 07/07/2023 07/07/23 | For Sale | $275,000 | -- | $299 / Sq Ft |
Source: Doorify MLS
Tax 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.
| 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 | $1,570 | $180,000 | $180,000 | |
| 2024 | $1,611 | $183,213 | $180,000 | $3,213 |
| 2023 | $1,418 | $128,232 | $122,500 | $5,732 |
| 2022 | $1,318 | $128,232 | $122,500 | $5,732 |
| 2021 | $1,268 | $128,232 | $122,500 | $5,732 |
| 2020 | $1,245 | $128,232 | $122,500 | $5,732 |
| 2019 | $339 | $27,512 | $17,500 | $10,012 |
| 2018 | $321 | $27,512 | $17,500 | $10,012 |
| 2017 | $306 | $27,512 | $17,500 | $10,012 |
| 2016 | $300 | $27,512 | $17,500 | $10,012 |
| 2015 | $357 | $32,543 | $16,800 | $15,743 |
| 2014 | $340 | $32,543 | $16,800 | $15,743 |
Source: Public Records
Agents Affiliated with this Home
-
Ida Terbet
Seller's Agent in 2024
Ida Terbet
Coldwell Banker HPW
(919) 539-6409
2 in this area
548 Total Sales
-
Michael Terbet
MT
Seller Co-Listing Agent in 2024
Michael Terbet
Coldwell Banker HPW
(919) 926-3248
2 in this area
136 Total Sales
-
Deline Moscoso
Buyer's Agent in 2024
Deline Moscoso
Compass -- Raleigh
(305) 434-5601
1 in this area
21 Total Sales
-
Kelvin Dumas CCIM, CPM, APP, SPS
Seller's Agent in 2023
Kelvin Dumas CCIM, CPM, APP, SPS
Offer Realty
(919) 621-9890
1 in this area
8 Total Sales
-
Jordan Hatch
Buyer's Agent in 2023
Jordan Hatch
Coldwell Banker HPW
(828) 320-4163
1 in this area
21 Total Sales
Map
Source: Doorify MLS
MLS Number: 10019443
APN: 1703.16-83-8745-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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