$305,000
SOLD JUN 29, 2023

8326 Ray Rd Raleigh, NC 27613

0.69 Acre
$442,029 Price per Acre
30,056 Sq Ft Lot

Recently Sold

$293 Per Sq Ft

13% Below List Price

37 Days on Market

About This Lot

As of June 2023

MOTIVATED SELLER!! BRING ALL OFFERS!! Don't miss this one! Hard to find building lot in prime North Raleigh location with city sewer and water available. Seller has done the hard part - cleared lot and removed old house. Lot is ready for you to build your dream home. NO HOA! (Note: Listing agent is related to the seller.)

Last Agent to Sell the Property

Wenli Lebel

Pinnacle Realty License #331078 Listed on: 04/29/2023

Co-Listed By

Allen Wyde

Pinnacle Realty License #221092

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,170

Lot Details

  • 0.69 Acre Lot
  • Level Lot
  • Open Lot
  • Cleared Lot

Schools

  • Lead Mine Elementary School
  • Carroll Middle School
  • Sanderson High School

Utilities

  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,170

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Co List Office Mls Id: 73438
  • Co List Office Phone: 919-641-7509
  • Subdivision Name: Not in a Subdivision
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Vegetation Cleared2: Yes
  • General Property Information Lot Size Acres: 0.69
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.69
  • Lot Features:Open Lot: Yes
  • Lot Features:Level: Yes
  • Lot Features:Sloped: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available

Schools

  • Ninth Grade High School: Wake - Sanderson
  • Middle Or Junior School: Wake - Carroll

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 30056.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Lead Mine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 12, 2022
Sold by
Robert Broadie Derrick and Robert Darlene Ave
Bought by
Lebel Roger A and Lebel Lisa R
Seller's Agent
Crystal Wall
ERA Strother Real Estate #5
Buyer's Agent
Angel Garcia
Divine Realty & Auction Group
List Price
$280,000
Sold Price
$331,000
Premium/Discount to List
$51,000
18.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 18, 2022
Sold by
Randall Morgan Bruce
Bought by
Harrington Sheila and Morgan Elvis Carl
Seller's Agent
Crystal Wall
ERA Strother Real Estate #5
Buyer's Agent
Angel Garcia
Divine Realty & Auction Group
List Price
$280,000
Sold Price
$331,000
Premium/Discount to List
$51,000
18.21%

Purchase Details

Closed on
Jul 3, 2017
Sold by
Broodie Ola Mae Evans
Bought by
Broadie Ola Mae Evans and Broadie Derrick B

Purchase Details

Closed on
May 17, 2007
Sold by
Morgan Bruce R and Greenlee Tabitha
Bought by
Morgan Eluis Junicus

Purchase Details

Closed on
Oct 13, 2004
Sold by
Morgan Elvis Junious
Bought by
Morgan Bruce R and Greenlee Tabitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 19, 2000
Sold by
Morgan Zuleen Webster and Morgan Elvis Junious
Bought by
Martin June Christopher and Martin Carmen Taylor
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 Type Sale Price Title Company
Warranty Deed $331,000 Law Office Of Jonathan Richard
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $37,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $85,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $375,000 0.0% --
07/15/2025 07/15/25 For Sale $375,000 -6.0% --
02/05/2025 02/05/25 Off Market $399,000 -- --
12/29/2024 12/29/24 For Sale $399,000 +30.8% --
12/15/2023 12/15/23 Off Market $305,000 -- --
12/15/2023 12/15/23 Off Market $331,000 -- --
06/29/2023 06/29/23 Sold $305,000 -6.2% $293 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/27/2023 05/27/23 Price Changed $325,000 -7.1% $313 / Sq Ft
04/29/2023 04/29/23 For Sale $350,000 +5.7% $337 / Sq Ft
08/15/2022 08/15/22 Sold $331,000 +18.2% $318 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $280,000 -- $269 / 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
2024 $1,170 $188,370 $188,370 $0
2023 $1,119 $143,520 $143,520 $0
2022 $1,378 $188,017 $143,520 $44,497
2021 $660 $188,017 $143,520 $44,497
2020 $1,319 $188,017 $143,520 $44,497
2019 $1,291 $155,663 $122,128 $33,535
2018 $1,188 $155,663 $122,128 $33,535
2017 $1,127 $155,663 $122,128 $33,535
2016 $720 $155,663 $122,128 $33,535
2015 -- $198,210 $168,062 $30,148
2014 $1,324 $198,210 $168,062 $30,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2507971

Doorify MLS

APN: 0788.20-81-6260-000