NOT LISTED FOR SALE

Estimated Value: $388,844 - $493,000

0.12 Acre
$3,674,350 Price per Acre
5,227 Sq Ft Lot

Last Sold November 07, 2022

Last sale price $355,000

Est. 24% increase in value since last sale

Current estimated payment $2,548/month

16 Days on Market

About This Lot

As of November 2022

Prime building site in the Historic Oakwood District of Downtown Raleigh! Rare opportunity to build your NEW home on a quiet, tree-lined lot in this highly sought-after historic neighborhood. Raleigh Historic Development Commission (RHDC) approval is required for construction on this site, or use the already RHDC-approved architectural plans that will convey with the purchase of the property.

Last Agent to Sell the Property

Richard Callahan

Raleigh Homes Realty License #226877 Listed on: 10/02/2022

Last Buyer's Agent

Richard Callahan

Allen Tate/Raleigh-Glenwood

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,616

Lot Details

  • 5,227 Sq Ft Lot
  • Partially Fenced Property
  • Sloped Lot
  • Cleared Lot

Schools

  • Powell Elementary School
  • Ligon Middle School
  • Broughton High School

Community Details

  • Historic Oakwood Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,616

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Historic Oakwood
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Available: Yes
  • Vegetation Cleared2: Yes
  • Fencing Partial2: Yes
  • General Property Information Lot Size Acres: 0.12
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial
  • Acres: 0.12
  • Lot Features:Sloped: Yes

Utilities

  • Utilities: Electricity Available

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Powell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2022
Closed on
Nov 7, 2022
Sold by
Still Karen L and Still George Jeffry
Bought by
Lexa Joseph and Lexa Christal
Seller's Agent
Richard Callahan
Raleigh Homes Realty
Buyer's Agent
Richard Callahan
Raleigh Homes Realty
List Price
$400,000
Sold Price
$355,000
Premium/Discount to List
-$45,000
-11.25%
Current Estimated Value
$440,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,922
Avg. Annual Appreciation
7.60%
Source: Public Records

Range of Values:

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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
Lexa Joseph $355,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $355,000 -- --
11/07/2022 11/07/22 Sold $355,000 -11.3% --
10/18/2022 10/18/22 Pending -- -- --
10/02/2022 10/02/22 For Sale $400,000 -- --
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
2025 $2,616 $300,000 $300,000 --
2024 $2,606 $300,000 $300,000 $0
2023 $2,943 $270,000 $270,000 $0
2022 $2,734 $270,000 $270,000 $0
2021 $0 $270,000 $270,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2477154

Doorify MLS

APN: 1703.28-99-7644-000