$315,000
SOLD MAR 16, 2023
0.15 Acre
$2,100,000 Price per Acre
6,534 Sq Ft Lot

Recently Sold

3% Below List Price

28 Days on Market

Highlights

  • Level Lot
  • Root Elementary School Rated A
  • 5-minute walk to Davie Street Park

About This Lot

As of March 2023

Rare opportunity to build your dream home on a 0.15 acre vacant lot located in the heart of Downtown Raleigh. This prime location offers easy access to the city's top restaurants, shops, and entertainment, while still maintaining a sense of seclusion and privacy. The lot is zoned for residential use and offers endless possibilities for your custom build. Don't miss out on the chance to live in one of Raleigh's most sought-after neighborhoods. Start planning your dream home today! Lot has the potential for a duplex, and/or multiple ADU's.

Last Agent to Sell the Property

David Mang

Rich Realty Group License #288282 Listed on: 01/26/2023

Co-Listed By

Matt Spitzer

Rich Realty Group License #342808

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,720

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 41' x 162'
  • Level Lot
  • Cleared Lot

Schools

  • Root Elementary School
  • Ligon Middle School
  • Broughton High School

Property Details

Property Type

Land

Est. Annual Taxes

$2,720

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1786
  • Co List Office Phone: 919-710-0256
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 41' x 162'
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Available: Yes
  • Vegetation Cleared2: Yes
  • General Property Information Lot Size Acres: 0.15
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.15
  • Lot Features:Level: Yes
  • Lot Features:Other19: Yes

Utilities

  • Utilities: Electricity Available

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Ligon

Lot Info

  • Current Use: Vacant
  • Lot Dimensions: 41' x 162'
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Root

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Mar 10, 2023
Sold by
Archive Development Llc
Bought by
Lougo Nicola
Seller's Agent
David Mang
Rich Realty Group
Buyer's Agent
Non Member
Non Member Office
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Mar 18, 2005
Sold by
Feller Andrew W and Fellers Loretta L
Bought by
Fellers Andrew W and Fellers Loretta L
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 $315,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $375,000 +19.0% --
12/14/2023 12/14/23 Off Market $315,000 -- --
12/14/2023 12/14/23 Off Market $175,000 -- --
03/16/2023 03/16/23 Sold $315,000 -3.1% --
02/23/2023 02/23/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $325,000 +85.7% --
09/06/2022 09/06/22 Sold $175,000 0.0% --
06/29/2022 06/29/22 Pending -- -- --
06/12/2022 06/12/22 For Sale $175,000 -- --
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
2024 $2,720 $313,140 $304,500 $8,640
2023 $1,670 $153,195 $146,475 $6,720
2022 $1,551 $153,195 $146,475 $6,720
2021 $1,491 $153,195 $146,475 $6,720
2020 $1,463 $153,195 $146,475 $6,720
2019 $788 $67,980 $60,060 $7,920
2018 $743 $67,980 $60,060 $7,920
2017 $707 $67,980 $60,060 $7,920
2016 $693 $67,980 $60,060 $7,920
2015 $575 $55,560 $45,000 $10,560
2014 $545 $55,560 $45,000 $10,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2492262

Doorify MLS

APN: 1713.05-18-5392-000