$275,000
SOLD JAN 21, 2025
0.14 Acre
$1,964,286 Price per Acre
6,098 Sq Ft Lot

Recently Sold

$227 Per Sq Ft

29% Below List Price

145 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 1-minute walk to Junious N. Sorrell Park
  • Joyner Elementary School Rated A-
  • Grass Field

About This Lot

As of January 2025

Investors,see this amazing vacant lot! Great opportunity to build a dream home in downtown Raleigh only minutes away from Historic areas, museums, parks, shops and dining.
Build a custom home for yourself, or a client, and enjoy the convenience and fun of living in downtown Raleigh.
City water, sewer and NO HOA.
Dream of the possibilities !!

Last Agent to Sell the Property

Floyd Barco

Coldwell Banker HPW License #321121 Listed on: 06/27/2024

Coldwell Banker HPW

Last Buyer's Agent

lionel finley

The Carolina Agency LLC License #247836

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,907

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 49 x 120
  • Corner Lot

Schools

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

Horse Facilities and Amenities

  • Grass Field

Community Details

  • No Home Owners Association
  • South Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1703845312

Property Details

Property Type

Land

Est. Annual Taxes

$1,907

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: City Street, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: South Park
  • General Property Information Lot Size Dimensions: 49 x 120
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Water Connected: Yes
  • Utilities Sewer Connected: Yes
  • Vegetation Grassed: Yes
  • General Property Information Lot Size Square Feet2: 6098.4
  • General Property Information Lot Size Acres: 0.14
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.14
  • Lot Features:Corner Lot: Yes

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

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

  • Current Use: Vacant
  • Lot Dimensions: 49 x 120
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 1703845312

Tax Info

  • Tax Annual Amount: 1907.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Jan 21, 2025
Sold by
Sanders Ernest L and Sanders Sylvia Williams
Bought by
Spier Investments Llc
Seller's Agent
Floyd Barco
Coldwell Banker HPW
Buyer's Agent
lionel finley
The Carolina Agency LLC
List Price
$385,000
Sold Price
$275,000
Premium/Discount to List
-$110,000
-28.57%
Views
21
Current Estimated Value
$282,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,788
Avg. Annual Appreciation
1.00%

Purchase Details

Closed on
Jun 9, 2022
Sold by
Ernest Sanders
Bought by
Sanders Ernest L and Sanders Frank
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 $275,000 None Listed On Document
Warranty Deed $275,000 None Listed On Document
Warranty Deed $275,000 None Listed On Document
Deed -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $275,000 -11.3% $227 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
09/17/2024 09/17/24 Price Changed $310,000 -19.5% $255 / Sq Ft
06/27/2024 06/27/24 For Sale $385,000 -- $317 / 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
2025 $2,616 $300,000 $300,000 --
2024 $2,606 $300,000 $300,000 $0
2023 $1,908 $175,000 $175,000 $0
2022 $1,772 $175,000 $175,000 $0
2021 $1,703 $175,000 $175,000 $0
2020 $1,672 $175,000 $175,000 $0
2019 $579 $50,000 $50,000 $0
2018 $546 $50,000 $50,000 $0
2017 $520 $50,000 $50,000 $0
2016 -- $50,000 $50,000 $0
2015 $249 $24,000 $24,000 $0
2014 -- $24,000 $24,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10038209

Doorify MLS

APN: 1703.16-84-5312-000