Seller's Agent in 2024
Pam Kitto
Coldwell Banker HPW
(919) 467-1882
1 in this area
13 Total Sales
518 Dixie Trail Raleigh, NC 27607
University Park NeighborhoodEstimated Value: $872,000 - $1,034,000
3
Beds
2
Baths
1,907
Sq Ft
$517/Sq Ft
Est. Value
Highlights
- 0.6 Acre Lot
- Deck
- Wood Flooring
- Olds Elementary School Rated A
- Property is near public transit
- Main Floor Primary Bedroom
About This Home
As of April 2024This property offers a unique opportunity where you can buy a home and have a buildable lot subdivided for another homesite. Currently the property is double fronted on an adjacent street offering the possibility of subdividing a lot on that street. The City of Raleigh has confirmed that this is possible but would need to be approved by survey via the city. Also it could be a great site for complete redevelopment for new residential homes. .60 Acre lot with large back yard that wraps around the house next door. Great opportunity to reside inside the beltline of Raleigh. University Park is a great walkable neighborhood, with Cameron Village only about a mile away.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,021
Year Built
- Built in 1939 | Remodeled in 1979
Lot Details
- 0.6 Acre Lot
- West Facing Home
- Chain Link Fence
- Back Yard Fenced and Front Yard
- Property is zoned R-6
Parking
- 1 Car Attached Garage
- Parking Pad
- Basement Garage
- Rear-Facing Garage
- 1 Open Parking Space
Home Design
- Cottage
- Fixer Upper
- Brick Exterior Construction
- Shingle Roof
- Lead Paint Disclosure
Interior Spaces
- 1,907 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Fireplace Features Masonry
- Entrance Foyer
- Living Room with Fireplace
- Dining Room
- Den
- Storage
- Wood Flooring
- Neighborhood Views
- Laminate Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Primary bathroom on main floor
- Bathtub with Shower
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Attic
- Attic Floors
- Unfinished Attic
Unfinished Basement
- Partial Basement
- Laundry in Basement
- Crawl Space
Outdoor Features
- Deck
- Patio
- Rain Gutters
Location
- Property is near public transit
Schools
- Olds Elementary School
- Martin Middle School
- Broughton High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- University Park Subdivision
Listing and Financial Details
- Notice Of Default
- Assessor Parcel Number 0052102
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2024
Closed on
Apr 16, 2024
Sold by
Nelson Darlene S
Bought by
Gigiluca Llc
Seller's Agent
Pam Kitto
Coldwell Banker HPW
Buyer's Agent
George Huntley
Huntley Realty
List Price
$1,450,000
Sold Price
$1,050,000
Premium/Discount to List
-$400,000
-27.59%
Views
90
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
-$64,613
Avg. Annual Appreciation
-3.67%
Purchase Details
Closed on
Jan 1, 1974
Bought by
Nelson Thomas E and Nelson Darlene S
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gigiluca Llc | -- | None Listed On Document | |
| Gigiluca Llc | $1,050,000 | None Listed On Document | |
| Nelson Thomas E | $38,500 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/19/2024 04/19/24 | Sold | $1,050,000 | -22.2% | $551 / Sq Ft |
| 03/11/2024 03/11/24 | Pending | -- | -- | -- |
| 02/29/2024 02/29/24 | Price Changed | $1,350,000 | -3.6% | $708 / Sq Ft |
| 02/16/2024 02/16/24 | Price Changed | $1,400,000 | -3.4% | $734 / Sq Ft |
| 02/03/2024 02/03/24 | For Sale | $1,450,000 | -- | $760 / 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 |
|---|---|---|---|---|
| 2025 | $6,125 | $700,031 | $433,500 | $266,531 |
| 2024 | $6,100 | $700,031 | $433,500 | $266,531 |
| 2023 | $5,021 | $458,805 | $331,500 | $127,305 |
| 2022 | $4,665 | $458,805 | $331,500 | $127,305 |
| 2021 | $4,484 | $458,805 | $331,500 | $127,305 |
| 2020 | $4,403 | $458,805 | $331,500 | $127,305 |
| 2019 | $4,154 | $356,711 | $205,700 | $151,011 |
| 2018 | $3,917 | $356,711 | $205,700 | $151,011 |
| 2017 | $3,731 | $356,711 | $205,700 | $151,011 |
| 2016 | $3,654 | $356,711 | $205,700 | $151,011 |
| 2015 | $3,746 | $359,833 | $254,150 | $105,683 |
| 2014 | $3,553 | $359,833 | $254,150 | $105,683 |
Source: Public Records
Agents Affiliated with this Home
-
Pam Kitto
-
J.W. Shearin
Seller Co-Listing Agent in 2024
J.W. Shearin
Coldwell Banker HPW
(919) 819-1481
1 in this area
20 Total Sales
-
George Huntley
G
Buyer's Agent in 2024
George Huntley
Huntley Realty
(919) 815-0820
14 in this area
47 Total Sales
Map
Source: Doorify MLS
MLS Number: 10009692
APN: 0794.11-65-0274-000
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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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