NOT LISTED FOR SALE

5601 Spring Ct Raleigh, NC 27616

Northeast Raleigh Neighborhood

Estimated Value: $2,727,050

0.09 Acre
$30,300,556 Price per Acre
3,920 Sq Ft Lot

Sale Details

Date Sold: September 15, 2022

Last sale price $5,000

Est. 54,441% increase in value since last sale

Current estimated payment $15,741 / mo

3 Days on Market

About This Lot

As of September 2022

Don't miss your opportunity to own this FANTASTIC investment opportunity in Wake county!

Last Agent to Sell the Property

Freddie Joseph

Ninja Realty Listed on: 09/10/2022

Last Buyer's Agent

Freddie Joseph

Better Brokers Realty License #316348

Property Details

Property Type

  • Land

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Schools

  • Smith Elementary School
  • North Garner Middle School
  • Garner High School

Utilities

  • Well Required

Community Details

  • Echo Heights Subdivision

Property Details

Property Type

Land

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Prop. Type: Land
  • Subdivision Name: Echo Heights
  • Utilities Electricity Available: Yes
  • Vegetation Cleared2: Yes
  • Water Source Need Well: Yes
  • General Property Information Lot Size Square Feet2: 3920.0
  • General Property Information Lot Size Acres: 0.09
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.09
  • Lot Features:Level: Yes

Utilities

  • Utilities: Electricity Available
  • Water Source: Need Well

Schools

  • Ninth Grade High School: Wake - Garner
  • Middle Or Junior School: Wake - North Garner

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 3920.0
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2024
Sold by
Kitty Hawk Holdings Llc
Bought by
Mega Properties Llc
Current Estimated Value
$2,727,050

Purchase Details

Closed on
Oct 31, 2018
Sold by
Bircher John C
Bought by
Kitty Hawk Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2015
Sold by
Scott Edwin W and Scott Susan K
Bought by
Noa Llc

Purchase Details

Closed on
May 27, 2003
Sold by
Scott Edwin W and Scott Susan K
Bought by
Noa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2000
Sold by
Painter Dean E and Painter Winifred P
Bought by
Scott Edwin W and Scott Susan K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Mega Properties Llc $2,780,000 None Listed On Document
Mega Properties Llc $2,780,000 None Listed On Document
Kitty Hawk Holdings Llc $1,200,000 None Available
Noa Llc -- None Available
Noa Llc $700,000 --
Scott Edwin W $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kitty Hawk Holdings Llc $960,000
Previous Owner Noa Llc $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $5,000 -- --
09/15/2022 09/15/22 Sold $5,000 -9.1% --
09/13/2022 09/13/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $5,500 -- --
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 $14,202 $1,628,498 $547,814 $1,080,684
2024 $14,144 $1,628,498 $547,814 $1,080,684
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2022

    Freddie Joseph

    Ninja Realty

See All Agents

Map

Source: Doorify MLS

MLS Number: 2473732

Doorify MLS

APN: 1726.09-16-5673-000

North Carolina Wake County Raleigh 27603 Northeast Raleigh

5601 Spring Ct, Raleigh, NC

Not Listed for Sale

Lots

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.

Doorify MLS 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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