NOT LISTED FOR SALE

711 Grovemont Rd Raleigh, NC 27603

Estimated Value: $53,946 - $236,000

1.62 Acres
$89,490 Price per Acre
70,567 Sq Ft Lot

Last Sold December 29, 2022

Last sale price $50,000

Est. 190% increase in value since last sale

Current estimated payment $773/month

Highlights

  • 1.62 Acre Lot
  • Wooded Lot
  • Brush Vegetation

About This Lot

As of December 2022

Part of this property is in a flood zone - nice flat cleared section stays dry.

Last Agent to Sell the Property

Angelina Corroo

HomeTowne Realty License #291800 Listed on: 10/10/2022

HomeTowne Realty

Last Buyer's Agent

Adam McKnight

HomeTowne Realty License #285591

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $138

Lot Details

  • 1.62 Acre Lot
  • Brush Vegetation
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R-20

Location

  • In Flood Plain

Schools

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

Utilities

  • Well Required
  • Perc Test On File For Septic Tank
  • Septic Needed
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$138

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Lot Features Partially Cleared: Yes
  • Utilities Cable Available: Yes
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Water Source Need Well: Yes
  • Vegetation Brush: Yes
  • Sewer Perc Test On File: Yes
  • Lot Features Flood Plains: Yes
  • General Property Information Lot Size Acres: 1.62
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.62

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Need Well

Schools

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

Lot Info

  • Zoning: R-20
  • Current Use: Vacant
  • Lot Size Sq Ft: 70567.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: Parcel ID 0033803

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Dec 26, 2022
Sold by
Santos-Posteraro Susy
Bought by
Davidson Construction Llc
Seller's Agent
Angelina Corroo
HomeTowne Realty
Buyer's Agent
Adam McKnight
HomeTowne Realty
List Price
$50,000
Sold Price
$50,000
Views
37
Current Estimated Value
$144,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,973
Avg. Annual Appreciation
45.67%

Purchase Details

Closed on
Dec 22, 2003
Sold by
Howington Robert W and Howington Zelda T
Bought by
Santos Armindo Neto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2001
Sold by
Howington Erma B
Bought by
Howington Robert W
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
Davidson Construction Llc $50,000 None Listed On Document
Santos Armindo Neto $82,000 --
Howington Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santos Armindo Neto $77,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $50,000 -- --
12/29/2022 12/29/22 Sold $50,000 0.0% --
10/10/2022 10/10/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $50,000 -- --
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 $138 $21,600 $21,600 --
2024 $134 $21,600 $21,600 $0
2023 $67 $8,640 $8,640 $0
2022 $62 $8,640 $8,640 $0
2021 $61 $8,640 $8,640 $0
2020 $60 $8,640 $8,640 $0
2019 $44 $5,400 $5,400 $0
2018 $41 $5,400 $5,400 $0
2017 $38 $5,400 $5,400 $0
2016 $38 $5,400 $5,400 $0
2015 -- $7,200 $7,200 $0
2014 $47 $7,200 $7,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2478650

Doorify MLS

APN: 1701.14-33-3131-000