Sold
Last Sold Price
22,215 Lot Size0.51 Acres

1305-1311 Nottingham Rd, Raleigh, NC 27607

LandProperty Type
0.51 acresLot Size

Description

Priced below tax value! Investors, this is for you! Income producing 2 DUPLEXES! Keep them as rentals or demo and build Custom homes. In this established very quiet SUNSET HILLS community off of Wade Ave ITB build upto 4 homes. Bring your builder for a CUSTOM LUXURY MODERN home! Check out the Street View or drive by to see neighboring new $1.3M-$2.5M homes on the street. Neighboring Ridgewood Shopping center, Village district, and Downtown Raleigh will accommodate your sophisticated lifestyle and...Priced below tax value! Investors, this is for you! Income producing 2 DUPLEXES! Keep them as rentals or demo and build Custom homes. In this established very quiet SUNSET HILLS community off of Wade Ave ITB build upto 4 homes. Bring your builder for a CUSTOM LUXURY MODERN home! Check out the Street View or drive by to see neighboring new $1.3M-$2.5M homes on the street. Neighboring Ridgewood Shopping center, Village district, and Downtown Raleigh will accommodate your sophisticated lifestyle and social needs.
  • Listed by: Elena Sergeevna Stoyanova 919.802.8538 elena.stoyanova@estatevc.com • Engel & Volkers Raleigh
Listing closed: 02/20/2024 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10006459
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Recent comparable sales

Median sold price

$1,000,000

Avg days on market

180

Sale-to-list ratio

89.1%

Raleigh, NC

9 comparable properties found

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Square Feet
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$1,000,000 | 2729 Cambridge Road, Raleigh, NC 27608
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$1,390,000 | 3637 Alleghany Drive, Raleigh, NC 27609
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Location

Listing Courtesy of Engel & Volkers Raleigh

Sold By Berkshire Hathaway HomeService

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$8,334 per month

30 year fixed, 7.03% Interest

Principal and Interest

$7,421

Property Taxes

$914

HOA Dues

$0

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Property Information for 1305-1311 Nottingham Road

Property Details

  • Taxes: $10,965 / year
  • MLS Type: Land / Unimproved Land
  • County: Wake County
  • View: Park/Greenbelt
  • Zoning Description: R10
  • Waterfront: No
  • Subdivision: Sunset Hills

Building Information

  • Lot Size: 0.51 AC

Summary

Location and General Information
  • Zoning: R10
  • Directions: I-40 E to Raleigh, take exit 289 for Wade Avenue toward I-440/US-1 N, Keep left to continue on Wade Ave, Turn left onto Banbury Rd, Turn left onto Leonard St, Turn right onto Nottingham Rd, Destination will be on the left
  • Subdivision Name: Sunset Hills
  • Latitude: 35.804826
  • Longitude: -78.675155
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $10,965.00
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 306-309
  • Has Restrictive Covenants: Yes
Contract Information
  • Lease Expiration Date: 2024-06-30
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes

Property

Lot Information
  • Lot Features: Few Trees, Front Yard, Rolling Slope
  • Lot Size Dimensions: 168X155X135X164
  • Other Structures: Other
  • Parcel Number: 0794683035, 0794683049, 0794683011, 0794683153
  • List PriceAcre: 2741176.47
  • Has Power Production: No
  • Sold PriceAcre: 2725490.2
  • Sold PriceList Price: 0.99
Property and Assessments
  • Possible Use: Development, Investment, Multi-Family, Residential, Single Family
  • Community Features: Park, Sidewalks
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Connected, Water Connected

Rental

Rental Information
  • Lease Term: 12 Months

Property History for 1305-1311 Nottingham Road

DateEvent & SourcePriceAppreciation
Feb 20, 2024

Sold

Doorify MLS (fka Triangle MLS) #10006459

$1,390,000—
Jan 29, 2024

Pending

Doorify MLS (fka Triangle MLS) #10006459

—
Jan 16, 2024

Listed (Active)

Doorify MLS (fka Triangle MLS) #10006459

$1,450,000—
DateEvent & SourcePrice
02/20/2024

Sold

Doorify MLS (fka Triangle MLS) #10006459

$1,390,000
01/29/2024

Pending

Doorify MLS (fka Triangle MLS) #10006459

—
01/16/2024

Listed (Active)

Doorify MLS (fka Triangle MLS) #10006459

$1,450,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1305-1311 Nottingham Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 13
Rating
School
Distance
Lacy Elementary
PublicPK to 5

Martin Middle
Public6 to 8

Needham Broughton High
Public9 to 12

Wake Young Women's Leadership Academy
Public6 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1305-1311 Nottingham Road, Raleigh, NC 27607
$1,390,000
–
–
–
22,215
$695,000
4
1,596
10,890
–
–
–
–
5,663
$632,000
4
2,216
5,227
$695,000
4
1,596
11,325
$725,000
4
2,936
10,890

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Volkers Raleigh

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.