Last Sold Price
7,143 Lot Size0.16 Acres
518 Cape Ave, Raleigh, NC 27601

Description

Attention Builders! Beautiful .164 acre lot in downtown Raleigh adjacent to Chavis Park. Ready for your builder! The original lot has been subdivided into 518 and 514 Cape Ave.Attention Builders! Beautiful .164 acre lot in downtown Raleigh adjacent to Chavis Park. Ready for your builder! The original lot has been subdivided into 518 and 514 Cape Ave.
LISTING CLOSED: 10/30/2019 12:00 AM

  1. Listed by Natalee Choby • Allen Tate/Raleigh-Glenwood

Property Details for 518 Cape Avenue

Status
MLS #
2217298
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Unimproved Land
Year Built
-
Lot Size
0.16 AC
View
No
Zoning Description
R-10
Subdivision
Not in a Subdivision

Location

Listing Courtesy of Allen Tate/Raleigh-Glenwood

Sold By The NC Real Estate Firm, LLC

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Building Information for 518 Cape Avenue

Lot Size0.16 AC

Payment Calculator

$1,226 per month

30 year fixed, 6.55% Interest

Principal and Interest

$544

Property Taxes

$682

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 518 Cape Avenue

Summary
Location and General Information
  • Topography: Level
  • Zoning: R-10
  • Directions: From S East St. heading South towards MLK blvd, make left on Cape. Lot is on the right.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.769437
  • Longitude: -78.632056
  • Road Frontage Type: Has Frontage
Taxes and HOA Information
  • Tax Lot: 518
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Property
Lot Information
  • Lot Features: Open Lot
  • Lot Size Dimensions: 40 x 200 x 52 x 164
  • Farm Land Area Units: Square Feet
  • Other Structures: No Buildings
Property and Assessments
  • Photos Count: 5
  • Below Grade Finished Area Units: Square Feet
  • Current Use: Vacant
Utilities
  • Sewer: No Perk
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: City On Site
  • Water_Sewer: City On Site, No Perk, Electricity Available, Natural Gas Available
Interior and Exterior Features
Interior Features
  • Interior: Electricity Available, Natural Gas Available
Agent
Sale and Listing
  • Property Class Name: Land
Rental
Rental Information
  • Lease Considered: No

Property History for 518 Cape Avenue

DateEvent & SourcePriceAppreciation
Oct 30, 2019

Sold

TRIANGLEMLS #2217298

$107,000
Oct 30, 2019

Sold

AMLS #2217298

$107,000
Oct 30, 2019

Sold

TRIANGLEMLS #2217298

$107,000
DateEvent & SourcePrice
10/30/2019

Sold

TRIANGLEMLS #2217298

$107,000
10/30/2019

Sold

AMLS #2217298

$107,000
10/30/2019

Sold

TRIANGLEMLS #2217298

$107,000

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

Public Records for 518 Cape Avenue

Taxable ValueLand$333,500Additions$602,248Total$935,748
Tax Record2025$8,181 ($682 / month)
Home Facts
Beds0Baths1Total Finished SqFt2,387 SqFtAbove Grade Finished SqFt2,387 SqFtStories2Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built2020ZoningR-10CountyWAKEAPN1703.52-95-1166 0076048Fireplace TypeHas Fireplace

Schools near 518 Cape Avenue

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
Joyner Elementary
PublicPK to 5

Moore Square Magnet Middle School
Public6 to 8

Needham Broughton High
Public9 to 12

Wake Young Men'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: 518 Cape Avenue, Raleigh, NC 27601
$107,000
7,143
$85,000
2
2,264
6,098
1
894
3,049
47,916
$82,000
1
1,260
6,098
2
914
3,049

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 Allen Tate/Raleigh-Glenwood

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.