Sold
Last Sold Price
3 beds1,907 sqft
518 Dixie Trail, Raleigh, NC 27607
Single FamilyProperty Type
0.6 acresLot Size
1939Year Built
$551/sq ftPrice per sq ft
2 carsParking Spaces

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.
  • Listed by: Pam Kitto 919.413.1529 kittop@hpw.com Brokerage DRE #C1232 • Coldwell Banker HPW
  • Listed by: J.W. Shearin 919.819.1481 shearinjw@hpw.com Brokerage DRE #C1232 • Coldwell Banker HPW
Listing closed: 04/19/2024 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10009692

Location

Listing Courtesy of Coldwell Banker HPW

Sold By Huntley Realty

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Payment Calculator

$5,844 per month

30 year fixed, 6.71% Interest

Principal and Interest

$5,426

Property Taxes

$418

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 518 Dixie Trail

Property Details
  • Taxes: $5,021 / year
  • MLS Type: Residential / Single Family Residence
  • County: Wake County
  • View: Neighborhood
  • Zoning Description: R-6
  • Subdivision: University Park
Building Information
  • Year Built: 1939
  • Lot Size: 0.60 AC / 26,136 SF
Summary
Location and General Information
  • Zoning: R-6
  • Direction Faces: West
  • 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
  • Has City Limits: Yes
  • Lot Number: 1A&3B
  • Has Restrictive Covenants: No
  • School District Link: https://www.wcpss.net/wcpss
Contract Information
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
  • Due Diligence Expiration Date: 2024-03-25
School Information
  • Elementary School: Wake - Olds Elementary
  • Middle Or Junior School: Wake - Martin Middle
  • High School: Wake - Needham Broughton High
Parking
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Attached, Basement, Garage Faces Rear, Garage, Paved, Parking Pad
  • 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: 0.0
  • Total Other Area Sq Ft: 1022.0
  • Parcel Number: 0052102
  • Structure Type: House
  • Enhanced Accessible: No
  • Has Main Level Bedrooms: Yes
  • Has Power Production: No
  • Has Primary Residence: Yes
  • Sold PriceList Price: 0.78
Property and Assessments
  • New Construction: No
  • Above Grade Finished Area Source: Other
  • Below Grade Finished Area Source: Other
  • Community Features: Street Lights, Sidewalks
  • Year Built Effective: 1979
  • Senior Community: No
  • Property Condition: Fixer
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
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
  • Roof: Shingle
  • New Construction Type: House, Brick
Interior Features
  • Levels: One and One Half
  • Main Level Bathrooms: 1
  • Master Bedroom 1st Floor: Yes
  • Basement Description: Crawl Space, Partial, Unfinished
  • Fireplace Features: Living Room, Masonry, See Remarks
  • Has Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Hardwood
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: In Basement, Electric Dryer Hookup, Washer Hookup
  • Interior Features: Ceiling Fan(s), Laminate Counters, Primary Downstairs, Storage, Bathtub/Shower Combination
  • Spa: No
Room Information
Room 1
  • Type: Living Room
  • Level: Main
  • Length: 22.5
  • Width: 15.25
Room 2
  • Type: Dining Room
  • Level: Main
  • Length: 12.75
  • Width: 12.67
Room 3
  • Type: Kitchen
  • Level: Main
  • Length: 12.67
  • Width: 9.25
Room 4
  • Type: Primary Bedroom
  • Level: Main
  • Length: 14.25
  • Width: 13.25
Room 5
  • Type: Bedroom 2
  • Level: Main
  • Length: 13.25
  • Width: 11.08
Room 6
  • Type: Primary Bathroom
  • Level: Main
  • Length: 9.5
  • Width: 7.75
Room 7
  • Type: Entrance Hall
  • Level: Main
  • Length: 8.5
  • Width: 3.9
Room 8
  • Type: Bedroom 3
  • Level: Second
  • Length: 14.17
  • Width: 11.33
Room 9
  • Type: Den
  • Level: Second
  • Length: 20.42
  • Width: 13.58
Room 10
  • Type: Bathroom 2
  • Level: Second
  • Length: 7.83
  • Width: 4.83
Room 11
  • Type: Laundry
  • Level: Basement
  • Length: 15.25
  • Width: 9.42
Room 12
  • Type: Other
  • Level: Basement
  • Length: 14.0
  • Width: 6.58
Room 13
  • Type: Other
  • Level: Basement
  • Length: 14.0
  • Width: 8.42
Room 14
  • Type: Other
  • Level: Basement
  • Length: 21.25
  • Width: 15.9

Property History for 518 Dixie Trail

DateEvent & SourcePriceAppreciation
Apr 19, 2024

Sold

Doorify MLS (fka Triangle MLS) #10009692

$1,050,000
Apr 16, 2024

Sold (Public Record)

Public Record #1531364573

$1,050,000
Mar 11, 2024

Pending

Doorify MLS (fka Triangle MLS) #10009692

DateEvent & SourcePrice
04/19/2024

Sold

Doorify MLS (fka Triangle MLS) #10009692

$1,050,000
04/16/2024

Sold (Public Record)

Public Record #1531364573

$1,050,000
03/11/2024

Pending

Doorify MLS (fka Triangle MLS) #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
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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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