518 Dixie Trail

Raleigh, NC 27607

$1,050,000
Last Sold Price
3
Beds
1,907 Sq. Ft.
$551 / Sq. Ft.
1,907
Sq. Ft.
$551
per Sq. Ft.
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Closed 4/19/24
Closed 4/19/24
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Description

This property offers a unique opportunity where you can buy a home and have a buildable lot subdivided for another homesite. Currently the property is double fronted on an adjacent street offering the possibility of subdividing a lot on that street. The City of Raleigh has confirmed that this is possible but would need to be approved by survey via the city. Also it could be a great site for complete redevelopment for new residential homes. .60 Acre lot with large back yard that wraps around the house...This property offers a unique opportunity where you can buy a home and have a buildable lot subdivided for another homesite. Currently the property is double fronted on an adjacent street offering the possibility of subdividing a lot on that street. The City of Raleigh has confirmed that this is possible but would need to be approved by survey via the city. Also it could be a great site for complete redevelopment for new residential homes. .60 Acre lot with large back yard that wraps around the house next door. Great opportunity to reside inside the beltline of Raleigh. University Park is a great walkable neighborhood, with Cameron Village only about a mile away.
  1. Listed by Pam Kitto • Coldwell Banker HPW
  2. Listed by J.W. Shearin • Coldwell Banker HPW

Property Details for 518 Dixie Trail

View
Neighborhood
View
Yes
Subdivision
University Park
LISTING CLOSED: 04/19/2024 12:00 AM

Property Details for 518 Dixie Trail

StatusClosed
MLS #10009692
Taxes$5,021 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1939
Lot Size0.60 AC / 26,136 SF
CountyWake County
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Location

Listing Courtesy of Coldwell Banker HPW

Sold By Huntley Realty

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Building Information for 518 Dixie Trail

Stories-Year Built1939Building Size-Lot Size0.60 AC / 26,136 SF

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$5,651 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,232

Property Taxes

$418

HOA Dues

$0

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Property Information for 518 Dixie Trail

Summary
Location and General Information
  • Zoning: R-6
  • Directions: From I-440 take Wade Avenue Exit to the East. Turn Right on Dixie Trail, Property will be on the left.
  • Subdivision Name: University Park
  • Latitude: 35.797259
  • Longitude: -78.676064
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Neighborhood: University Park
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $5,020.92
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 1A&3B
  • Restrictive Covenants YN: No
  • School District Link: https://www.wcpss.net/wcpss
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Due Diligence Expiration Date: 2024-03-25
School Information
  • Elementary School: Wake - Olds
  • Middle Or Junior School: Wake - Martin
  • High School: Wake - Broughton
Parking
  • Open Parking: Yes
  • Parking Features: Attached, Basement, Garage, Garage Faces Rear, Parking Pad, Paved
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 1907.0
  • Lot Features: Back Yard, Front Yard, Near Public Transit
  • Architectural Style: Cottage
  • Detached Living Area Sq Ft: 0
  • Other Area Above Grade: 287
  • Other Area Below Grade: 735
  • Total Other Area Sq Ft: 1022
  • Parcel Number: 0052102
  • Structure Type: House
  • Above Grade Unfinished Area Source: Other
  • Below Grade Unfinished Area Source: Other
  • Enhanced Accessible: No
  • Power Production YN: No
  • Primary Residence YN: Yes
  • Sold PriceList Price: 0.78
Property and Assessments
  • New Construction: No
  • Photos Count: 32
  • Above Grade Finished Area Source: Other
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Sidewalks, Street Lights
  • Senior Community: No
  • Property Condition: Fixer
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Available, Electricity Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Rain Gutters
  • Fencing: Back Yard, Chain Link, Partial
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick, House
Interior Features
  • Levels: One and One Half
  • Basement Description: Crawl Space, Partial, Unfinished
  • Fireplace Features: Living Room, Masonry, See Remarks
  • Fireplace Y N: Yes
  • Fireplaces Total: 1
  • Flooring: Hardwood
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Central
  • Heating?: Yes
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Laminate Counters, Master Downstairs, Storage
  • Spa: No
  • Interior: Cable Available, Electricity Connected, Sewer Connected, Water Connected, Attached, Basement, Garage, Garage Faces Rear, Parking Pad, Paved, Brick, Electric Dryer Hookup, In Basement, Washer Hookup
  • Equipment: Electric Dryer Hookup, In Basement, Washer Hookup, Attached, Basement, Garage, Garage Faces Rear, Parking Pad, Paved
Room Information
Room Information
  • Rooms Total: 14.0
Room 1
  • Room Dimensions: 22.5 x 15.25
  • Room Width: 15.25
  • Room Length: 22.5
  • Room Level: Main
  • Room Type: Living Room
Room 2
  • Room Dimensions: 12.75 x 12.67
  • Room Width: 12.67
  • Room Length: 12.75
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 12.67 x 9.25
  • Room Width: 9.25
  • Room Length: 12.67
  • Room Level: Main
  • Room Type: Kitchen
Room 4
  • Room Dimensions: 14.25 x 13.25
  • Room Width: 13.25
  • Room Length: 14.25
  • Room Level: Main
  • Room Type: Primary Bedroom
Room 5
  • Room Dimensions: 13.25 x 11.08
  • Room Width: 11.08
  • Room Length: 13.25
  • Room Level: Main
  • Room Type: Bedroom 2
Room 6
  • Room Dimensions: 9.5 x 7.75
  • Room Width: 7.75
  • Room Length: 9.5
  • Room Level: Main
  • Room Type: Primary Bathroom
Room 7
  • Room Dimensions: 8.5 x 3.9
  • Room Width: 3.9
  • Room Length: 8.5
  • Room Level: Main
  • Room Type: Entrance Hall
Room 8
  • Room Dimensions: 14.17 x 11.33
  • Room Width: 11.33
  • Room Length: 14.17
  • Room Level: Second
  • Room Type: Bedroom 3
Room 9
  • Room Dimensions: 20.42 x 13.58
  • Room Width: 13.58
  • Room Length: 20.42
  • Room Level: Second
  • Room Type: Den
Room 10
  • Room Dimensions: 7.83 x 4.83
  • Room Width: 4.83
  • Room Length: 7.83
  • Room Level: Second
  • Room Type: Bathroom 2
Room 11
  • Room Dimensions: 15.25 x 9.42
  • Room Width: 9.42
  • Room Length: 15.25
  • Room Level: Basement
  • Room Type: Laundry
Room 12
  • Room Dimensions: 14 x 6.58
  • Room Width: 6.58
  • Room Length: 14.0
  • Room Level: Basement
  • Room Type: Other
Room 13
  • Room Dimensions: 14 x 8.42
  • Room Width: 8.42
  • Room Length: 14.0
  • Room Level: Basement
  • Room Type: Other
Room 14
  • Room Dimensions: 21.25 x 15.9
  • Room Width: 15.9
  • Room Length: 21.25
  • Room Level: Basement
  • Room Type: Other
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 518 Dixie Trail

DateEvent & SourcePriceAppreciation
Apr 19, 2024

Sold

TRIANGLEMLS #10009692

$1,050,000—
Apr 16, 2024

Sold (Public Record)

Public Record #1531364573

$1,050,000—
Mar 11, 2024

Pending

TRIANGLEMLS #10009692

—
DateEvent & SourcePrice
04/19/2024

Sold

TRIANGLEMLS #10009692

$1,050,000
04/16/2024

Sold (Public Record)

Public Record #1531364573

$1,050,000
03/11/2024

Pending

TRIANGLEMLS #10009692

—

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

Public Records for 518 Dixie Trail

Taxable ValueLand$433,500Additions$266,531Total$700,031
Tax Record2025$6,125 ($510 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,206 SqFtAbove Grade Finished SqFt2,206 SqFtStories2Lot Size26,136 SqFtStyleSingle Family ResidenceYear Built1939Year Renovated1979ZoningR-6CountyWAKEAPN0794.11-65-0274 0052102Fireplace TypeHas Fireplace

Schools near 518 Dixie Trail

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Olds Elementary
Public - PK to 5
Martin Middle
Public - 6 to 8
Needham Broughton High
Public - 9 to 12
Wake Young Women's Leadership Academy
Public - 6 to 13
Rating
School
Distance
Olds 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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Listing Courtesy of Coldwell Banker HPW

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