NOT LISTED FOR SALE

Estimated Value: $494,000

0.91 Acre
$542,857 Price per Acre
39,640 Sq Ft Lot

Last Sold November 09, 2023

Last sale price $470,000 $350 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,728/month

81 Days on Market

About This Lot

As of November 2023

Multiple offers. Calling for highest and bet by 5pn Monday February 6, 2023 Just under an acre in South East Raleigh. R-6 Zoning. Meritage Homes is developing in the surrounding area. House on the property is subject to Ordinance Ordering the Repair or Demolition and Removal of Dwelling Pursuant to the Code of The City of Raleigh. Contact listing agent for all questions.

Last Agent to Sell the Property

Lane

Coldwell Banker HPW License #327561 Listed on: 11/17/2022

Last Buyer's Agent

Nathan Becker

BIG Realty Company License #211930

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $681

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 160.42x134.85x159.77x250.43
  • Property is zoned R6

Schools

  • Oak Grove Elementary School
  • Dillard Middle School
  • Enloe High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Rawls And Phillips Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$681

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Rawls and Phillips
  • General Property Information Lot Size Dimensions: 160.42x134.85x159.77x250.43
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • General Property Information Lot Size Square Feet2: 39639.0
  • General Property Information Lot Size Acres: 0.91
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.91
  • Lot Features:Other19: Yes

Utilities

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

Schools

  • Ninth Grade High School: Wake - Enloe
  • Middle Or Junior School: Wake - Dillard

Lot Info

  • Zoning: R6
  • Current Use: Vacant
  • Lot Dimensions: 160.42x134.85x159.77x250.43
  • Lot Size Sq Ft: 39639.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: See Tax Information

MLS Schools

  • Elementary School: Wake - Oak Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Nov 6, 2023
Sold by
Wright Hope and Fallon Balon
Bought by
Southern Purchasing Group Llc
Seller's Agent
Lane
Coldwell Banker HPW
Buyer's Agent
Nathan Becker
BIG Realty Company
List Price
$650,000
Sold Price
$470,000
Premium/Discount to List
-$180,000
-27.69%
Views
115
Current Estimated Value
$494,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,000

Purchase Details

Closed on
Jul 14, 2023
Sold by
Wright Hope
Bought by
Southern Purchasing Group Llc and Phellco Corporation

Purchase Details

Closed on
Jul 24, 2013
Sold by
Tranphuoc Anh and Tran Phanhoa P
Bought by
Robinson Thomas L and Robinson Joyce W

Purchase Details

Closed on
May 10, 2013
Sold by
Branch Banking & Trust Co
Bought by
Tranphuoc Anh and Tran Phanhoa P

Purchase Details

Closed on
Oct 12, 2012
Sold by
Reid Robert Allan
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Sep 8, 2003
Sold by
Wall Helen Gail and Dennings Henry L
Bought by
Reid Robert

Purchase Details

Closed on
May 24, 2001
Sold by
Lloyd James A
Bought by
Lloyd Gloria Denning

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
14.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2000
Sold by
Utley Arnel Morgan and Mckoy Flonkie Morgan
Bought by
Fowler Pearline Morgan
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
Southern Purchasing Group Llc $470,000 None Listed On Document
Southern Purchasing Group Llc -- None Listed On Document
Robinson Thomas L $83,000 None Available
Tranphuoc Anh $47,000 None Available
Branch Banking & Trust Company $52,930 None Available
Reid Robert $80,000 --
Lloyd Gloria Denning -- --
Fowler Pearline Morgan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lloyd James A $115,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $470,000 -- --
11/09/2023 11/09/23 Sold $470,000 -7.8% $350 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
01/17/2023 01/17/23 Price Changed $510,000 -21.5% $379 / Sq Ft
11/17/2022 11/17/22 For Sale $650,000 -- $484 / Sq Ft
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
2023 $681 $105,655 $60,000 $45,655
2022 $634 $105,655 $60,000 $45,655
2021 $610 $105,655 $60,000 $45,655
2020 $0 $60,000 $60,000 $0
2019 $1,677 $188,013 $60,000 $128,013
2018 $1,583 $188,013 $60,000 $128,013
2017 $1,508 $188,013 $60,000 $128,013
2016 $1,935 $188,013 $60,000 $128,013
2015 $1,825 $174,269 $60,000 $114,269
2014 -- $174,269 $60,000 $114,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2484156

Doorify MLS

APN: 1723.10-26-5798-000