NOT LISTED FOR SALE

Estimated Value: $307,000 - $317,571

0.07 Acre
$4,461,229 Price per Acre
3,049 Sq Ft Lot

Last Sold March 16, 2023

Last sale price $295,000 $307 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,778/month

85 Days on Market

About This Lot

As of March 2023

Rare downtown Raleigh vacant lot ready for new construction. Located on the same block as Transfer Co. Food Hall, within steps of the Chavis Greenway, within a 5-10 minute walk to all things downtown, this vacant lot is unicorn with potential skyline views! Current house plan show a modern 3BR, 2.5 bath, 1900+sf home with a roof top deck and carport. Plans can be transferred to the new purchaser or build your own downtown dream home!

Last Agent to Sell the Property

Jason Queen

Monarch Realty Co. License #265895 Listed on: 11/25/2022

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Schools

  • Olds Elementary School
  • Ligon Middle School
  • Broughton High School

Utilities

  • Cable TV Available

Property Details

Property Type

Land

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Vegetation Cleared2: Yes
  • General Property Information Lot Size Acres: 0.07
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.07
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Olds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Mar 13, 2023
Sold by
Raleigh Restoration Group Llc
Bought by
Longo Nicola
Seller's Agent
Jason Queen
Monarch Realty Co.
Buyer's Agent
Non Member
Non Member Office
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%
Views
2
Current Estimated Value
$312,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,286
Avg. Annual Appreciation
1.91%

Purchase Details

Closed on
Aug 17, 2022
Sold by
City Of Raleigh
Bought by
Raleigh Restoration Group Llc

Purchase Details

Closed on
Apr 11, 2006
Sold by
Leach Sharon D Spence and Leach Anthony D
Bought by
City Of Raleigh
Source: Public Records
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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
Longo Nicola $295,000 --
Raleigh Restoration Group Llc -- --
City Of Raleigh $86,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $295,000 -- --
03/16/2023 03/16/23 Sold $295,000 -1.3% $307 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $299,000 0.0% $311 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/20/2023 01/20/23 Price Changed $299,000 -8.0% $311 / Sq Ft
01/10/2023 01/10/23 Price Changed $325,000 -8.5% $339 / Sq Ft
11/25/2022 11/25/22 For Sale $355,000 -- $370 / 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 $1,831 $210,000 $210,000 --
2024 $1,824 $210,000 $210,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2485013

Doorify MLS

APN: 1703.44-96-1981-000

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