550 E Jones St Raleigh, NC 27601
Oakwood NeighborhoodEstimated payment $10,137/month
Highlights
- No HOA
- Natural State Vegetation
- Grass Covered Lot
- Conn Elementary Rated A-
About This Lot
Rare opportunity to acquire two Historic Oakwood adjacent lots in Downtown Raleigh with strong redevelopment potential. Preliminary review suggests the parcels may be suitable for subdivision into as many as four residential lots, creating an attractive opportunity for builders, developers, or investors. Buyer is solely responsible for conducting all due diligence and confirming subdivision feasibility, zoning compliance, utility availability, and all applicable governmental approvals. 550 E Jones St. and the neighboring 552 E Jones St. are being listed together and are being sold together for a total asking price of $1,800,000 for .43 acres in the Highly Desirable neighborhood of Historic Oakwood in Downtown Raleigh.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,951
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 30x208x30x208
- Natural State Vegetation
- Grass Covered Lot
- Property is zoned R-10
Home Design
- Proposed Property
Schools
- Conn Elementary School
- Oberlin Middle School
- Needham Broughton High School
Utilities
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Historic Oakwood Subdivision
Listing and Financial Details
- Assessor Parcel Number 170328998668000 0054421
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $450,783 | $351,500 | $99,283 |
| 2024 | $3,935 | $450,783 | $351,500 | $99,283 |
| 2023 | $3,694 | $337,100 | $270,750 | $66,350 |
| 2022 | $3,433 | $337,100 | $270,750 | $66,350 |
| 2021 | $3,300 | $337,100 | $270,750 | $66,350 |
| 2020 | $3,240 | $337,100 | $270,750 | $66,350 |
| 2019 | $2,737 | $234,408 | $174,562 | $59,846 |
| 2018 | $2,581 | $234,408 | $174,562 | $59,846 |
| 2017 | $2,459 | $234,408 | $174,562 | $59,846 |
| 2016 | $2,408 | $234,408 | $174,562 | $59,846 |
| 2015 | $1,848 | $176,575 | $126,360 | $50,215 |
| 2014 | $1,754 | $176,575 | $126,360 | $50,215 |
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 |
|---|---|---|---|---|
| 06/08/2026 06/08/26 | For Sale | $1,800,000 | -- | -- |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,864,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,706,250 | Credit Line Revolving |
Source: Doorify MLS
MLS Number: 10172633
APN: 1703.28-99-8668-000
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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 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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