NOT LISTED FOR SALE

715 Method Rd Raleigh, NC 27607

Estimated Value: $205,000

0.22 Acre
$931,818 Price per Acre
9,583 Sq Ft Lot

Last Sold February 23, 2024

Last sale price $202,860

Est. 1% increase in value since last sale

Current estimated payment $1,390/month

53 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • 4-minute walk to Method Community Park
  • A. B. Combs Magnet Elementary School Rated A

About This Lot

As of February 2024

Vacant Building Lot near NC State. Bring your own builder. Flat Level lot. Great area for investment. Close to athletic fields and I-440. THE SALE IS NO LONGER SUBJECT TO THE UPSET BID PERIOD.

Last Agent to Sell the Property

Brian Wolborsky

Allen Tate/Raleigh-Falls Neuse License #191762 Listed on: 01/24/2024

Allen Tate/Raleigh-Falls Neuse

Last Buyer's Agent

Ida Terbet

Coldwell Banker HPW License #101494

Coldwell Banker HPW

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $104

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 64x151x65x150
  • Cleared Lot
  • Finished Lot(s)
  • Property is zoned R-4

Property Views

  • Neighborhood Views

Schools

  • Combs Elementary School
  • Centennial Campus Middle School
  • Athens Dr High School

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$104

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Reso Association Fee Includes: None
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 64x151x65x150
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • View Neighborhood4: Yes
  • General Property Information Lot Size Square Feet2: 9583.2
  • General Property Information Lot Size Acres: 0.22
  • Development Status Finished Lot(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Community Features:Curbs: Yes

Exterior Features

  • Acres: 0.22
  • Lot Features:Cleared: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Centennial Campus

Lot Info

  • Zoning: R-4
  • Current Use: Single Family, Unimproved
  • Development Status: Finished Lot(s)
  • Lot Dimensions: 64x151x65x150
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 104.0
  • Tax Year: 2023
  • Tax Map Number: 18454/529

MLS Schools

  • Elementary School: Wake - Combs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Apr 18, 2024
Sold by
Smith Chris
Bought by
Smithers Equity Group Llc
Seller's Agent
Brian Wolborsky
Allen Tate/Raleigh-Falls Neuse
Buyer's Agent
Ida Terbet
Coldwell Banker HPW
List Price
$85,000
Sold Price
$202,860
Premium/Discount to List
$117,860
138.66%
Views
12
Current Estimated Value
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,140
Avg. Annual Appreciation
0.64%
Original Mortgage
$539,500
Outstanding Balance
$531,439
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$326,439

Purchase Details

Listed on
Jan 24, 2024
Closed on
Feb 14, 2024
Sold by
Gottsegen Adam M
Bought by
Smith Chris and Godfrey Willis
Seller's Agent
Brian Wolborsky
Allen Tate/Raleigh-Falls Neuse
Buyer's Agent
Ida Terbet
Coldwell Banker HPW
List Price
$85,000
Sold Price
$202,860
Premium/Discount to List
$117,860
138.66%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.66%
Mortgage Type
New Conventional
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
Smithers Equity Group Llc -- None Listed On Document
Smithers Equity Group Llc -- None Listed On Document
Smith Chris $202,860 None Listed On Document
Smith Chris $202,860 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smithers Equity Group Llc $539,500
Closed Smithers Equity Group Llc $539,500
Previous Owner Smith Chris $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $202,860 +138.7% --
01/24/2024 01/24/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $85,000 0.0% --
12/08/2023 12/08/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $85,000 -- --
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 $3,669 $420,700 $200,000 $220,700
2024 $1,737 $200,000 $200,000 $0
2023 $654 $60,000 $60,000 $0
2022 $608 $60,000 $60,000 $0
2021 $584 $60,000 $60,000 $0
2020 $573 $60,000 $60,000 $0
2019 $464 $40,000 $40,000 $0
2018 $437 $40,000 $40,000 $0
2017 $416 $40,000 $40,000 $0
2016 $408 $40,000 $40,000 $0
2015 $331 $32,000 $32,000 $0
2014 $314 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Wolborsky

    Seller's Agent in 2024

    Brian Wolborsky

    Allen Tate/Raleigh-Falls Neuse

    (919) 427-9508

    418 Total Sales

    Brian Wolborsky
    Section Image
  • Ida Terbet

    Buyer's Agent in 2024

    Ida Terbet

    Coldwell Banker HPW

    (919) 539-6409

    637 Total Sales

    Ida Terbet
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10000427

Doorify MLS

APN: 0794.13-02-9628-000

North Carolina Wake County Raleigh 27607

715 Method Rd, Raleigh, NC

This home is located at 715 Method Rd, Raleigh, NC 27607 since 24 January 2024 and is currently estimated at $205,000. 715 Method Rd is a home located in Wake County with nearby schools including A. B. Combs Magnet Elementary School, Centennial Campus Magnet Middle School, and Al-Iman School.

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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 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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