$975,000
$275K PRICE DROP

Estimated payment $5,591/month

Total Views 6,557
3 Beds
1.5 Baths
1,338 Sq Ft
$729 Price per Sq Ft

Highlights

  • 2.64 Acre Lot
  • Central Air
  • Heat Pump System
  • No HOA
  • 2 Car Garage
  • 1-Story Property

About This Home

The existing 3 bed 2 bath home and detached garage is perfect for renting out or living in while deciding on what to do with your new 2.6 acre property, just one of very few parcels for sale in this area and with so much to offer on the booming south eastern side of Raleigh. Just right for new or seasoned investors and developers, here's your opportunity to get in on the action. Nestled between a brand new community being constructed on one side, recently rezoned for mix-use parcels on the other side and an existing neighborhood behind, this 2.6 acre rectangular shaped and mostly cleared property is ready for whatever you can dream of. Currently zoned R-4, there's opportunity for multiple homes to be built right away, or, research says this parcel could likely be easily annexed, rezoned and connected to city sewer to create mixed-use, townhomes, condos, apartments, etc. in one the fastest growing areas in Raleigh. Walking distance to shopping and convenience stores and just down the road to River Ridge Public/Private Golf Club. It's a short drive to big box shopping and dining at White Oak. Located right off Rock Quarry Rd and minutes to 40/440, a quick ride into Downtown and just minutes to the Neuse River Trail all make this quickly developing location more desireable by the minute. The property, home and garage may only be toured by appointment via the listing agent; please contact Agent to arrange access. Lots like this don't come around often - don't miss this opportunity to get in on this hot area now!

Listing Agent

Phillip Singer

Century 21 Southern Lifestyles License #317231 Listed on: 01/21/2025

Century 21 Southern Lifestyles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,351

Year Built

  • Built in 1985

Lot Details

  • 2.64 Acre Lot
  • Property is zoned R-4

Parking

  • 2 Car Garage
  • 6 Open Parking Spaces

Home Design

  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,338 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • To Be Added Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1731.02-58-2304.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,351

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1985
  • Prop. Type: Residential
  • Subdivision Name: To Be Added
  • Above Grade Finished Sq Ft: 1338.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Water Source Public: Yes
  • Room Types Primary Bedroom Level: Main
  • Foundation Details BrickMortar: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1338.0
  • General Property Information Lot Size Square Feet2: 114998.0
  • General Property Information Lot Size Acres: 2.64
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: See Remarks
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 1
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Acres: 2.64
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Total Parking Spaces: 8.0
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: No
  • General Property Information:Parking Total: 8.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Zoning: R-4
  • Lot Size Sq Ft: 114998.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1731.02-58-2304.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2350.61
  • Tax Year: 2024
  • Tax Map Number: 3B

MLS Schools

  • Elementary School: Wake County Schools

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





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
2024 $2,351 $375,310 $205,200 $170,110
2023 $1,737 $220,160 $106,480 $113,680
2022 $1,610 $220,160 $106,480 $113,680
2021 $1,567 $220,160 $106,480 $113,680
2020 $1,541 $220,160 $106,480 $113,680
2019 $1,508 $182,170 $87,640 $94,530
2018 $0 $182,170 $87,640 $94,530
2017 $0 $182,170 $87,640 $94,530
2016 $1,289 $182,170 $87,640 $94,530
2015 -- $200,500 $97,200 $103,300
2014 $1,339 $200,500 $97,200 $103,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Price Changed $975,000 0.0% $729 / Sq Ft
04/22/2025 04/22/25 Price Changed $975,000 -22.0% --
01/21/2025 01/21/25 For Sale $1,250,000 0.0% --
01/21/2025 01/21/25 For Sale $1,250,000 -- $934 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $101,750 Unknown
Source: Public Records

Similar Homes in Raleigh, NC

  • 521 E Edenton St, Raleigh, NC 27601

    $795,000

    • 2 Beds
    • 1 Bath
    • 1,340 Sq Ft
    • 521 E Edenton St
    • Raleigh, NC

    Who wants an Edenton Street address? Totally rehab or possibly develop the lot. Walk to downtown! Lots of museums, restaurants and shopping. Short drive the The Village, NCSU, William Peace College. The new Publix is close by! Minutes to I-40 and Mid Town. Great spot for a small business owner. Create an office with a separate entrance. Pure potential! You decide! Zoned OX3 so potential exits

    Michelle Barrow Keaton Barrow Realty

    Section Image
  • 513 Cutler St, Raleigh, NC 27603

    $800,000

    • 2 Beds
    • 2 Baths
    • 1,790 Sq Ft
    • 513 Cutler St
    • Raleigh, NC

    Located in the cherished Boylan Heights neighborhood, this beautiful bungalow is so close to all that downtown Raleigh has to offer. This Historic home is light and bright with 1920's charm. A spacious kitchen with marble countertops, and stainless-steel appliances. Original hardwood floors, master walk-in closet, updated master bath, 1920's Stone Fireplace original from Raleigh Rock Quarry ,

    Deidre Jackson Mark Spain Real Estate

    Section Image
  • 2005 Glenwood Ave, Raleigh, NC 27608

    $799,000

    • 2 Beds
    • 2 Baths
    • 1,530 Sq Ft
    • 2005 Glenwood Ave
    • Raleigh, NC

    This lovely 1920s Bungalow has been carefully renovated and is ready to move in.The property boasts a beautiful new Primary Suite added 6/25, a 1500 sqft full head height basement and a 3 car detached garage. Multiple income producing or guest suites are possible with this home. And, of course, it's a short walk from Five Points shopping and dining and close to downtown and North Hills. Great

    David Wilson Carolina's Choice Real Estate

    Section Image
  • 2108 Cowper Dr, Raleigh, NC 27608

    $1,100,000

    • 2 Beds
    • 1 Bath
    • 1,041 Sq Ft
    • 2108 Cowper Dr
    • Raleigh, NC

    Premier Location, Premier Address, Premier Opportunity to build your Dream Home! Bring your own builder!This property is only being sold AS-IS and Only as a Tear-Down. Home cannot be remodeled, renovated or Added onto due to the presence of COR Sewer Line running directly under the house. House is vacated and ''un-inhabitable.'' (No working HVAC.) Seller represents the house is not safe to

    Jill Rekuc Olde Raleigh Real Estate, LLC

    Section Image

Source: Doorify MLS

MLS Number: 10071878

Doorify MLS

APN: 1731.02-58-2304-000