Sold
Last Sold Price
29,185 Lot Size0.67 Acres
518 E Whitaker Mill Rd, Raleigh, NC 27608
LandProperty Type
0.67 acresLot Size

Description

Value is in the land and prime proximity to Five Points. Two parcels offered together for multifamily development. Seller has completed the site permit review process with the City of Raleigh; site plan approved for a 9-unit residential development. Existing structures remain and convey as-is, where-is. 522 is tenant-occupied - do not disturb.Value is in the land and prime proximity to Five Points. Two parcels offered together for multifamily development. Seller has completed the site permit review process with the City of Raleigh; site plan approved for a 9-unit residential development. Existing structures remain and convey as-is, where-is. 522 is tenant-occupied - do not disturb.
  • Listed by: Brad Phelps • Long & Foster Real Estate INC/Raleigh
Listing closed: 07/30/2026 12:00 AM • Source: TRIANGLEMLS, MLS#: 10143834

Location

Listing Courtesy of Long & Foster Real Estate INC/Raleigh

Sold By RE/MAX United

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$8,856 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,878

Property Taxes

$978

HOA Dues

$0

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Property Information for 518 East Whitaker Mill Road

Property Details
  • Taxes: $11,734 / year
  • MLS Type: Land / Unimproved Land
  • County: Wake County
  • View: Yes
  • Subdivision: Not in a Subdivision
Building Information
  • Lot Size: 0.67 AC
Summary
Location and General Information
  • Zoning: R-10
  • Directions: From Glenwood Avenue at Five Points, turn left onto Whitaker Mill Road. Continue straight; just past Carson Street, the property will be on the right at 518 & 522 E. Whitaker Mill Road.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.806337
  • Longitude: -78.633008
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
  • Neighborhood: Five Points
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $11,734.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 22,25
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2026-03-03
School Information
  • Elementary School: Wake - Underwood Elementary
  • Middle Or Junior School: Wake - Oberlin Middle
  • High School: Wake - Needham Broughton High
Property
Lot Information
  • Lot Features: City Lot
  • Lot Size Dimensions: 151 x 209 x 155 x 184
  • Other Structures: Outbuilding, Residence
  • Parcel Number: Real Estate ID #0056636 & #0039331
  • List PriceAcre: 2313432.84
  • Road Frontage Length: 151
  • Sold PriceAcre: 2313432.84
  • Sold PriceList Price: 1
Property and Assessments
  • Photos Count: 5
  • Possible Use: Development, Multi-Family
  • Below Grade Finished Area Units: Square Feet
  • Current Use: Multi-Family, Residential, See Remarks
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Available, Electricity Available, Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: Cable Available, Electricity Available, Sewer Available, Water Available
Agent
Sale and Listing
  • Property Type: Land
  • Property Class Name: CrossProperty

Property History for 518 East Whitaker Mill Road

DateEvent & SourcePriceAppreciation
Jul 30, 2026

Sold

TRIANGLEMLS #10143834

$1,550,000
Jul 27, 2026

Sold (Public Record)

Public Record #1945973915

$1,550,000
Jul 27, 2026

Sold (Public Record)

Public Record #141251190

$1,550,000

+66.9% / yr

DateEvent & SourcePrice
07/30/2026

Sold

TRIANGLEMLS #10143834

$1,550,000
07/27/2026

Sold (Public Record)

Public Record #1945973915

$1,550,000
07/27/2026

Sold (Public Record)

Public Record #141251190

$1,550,000

+66.9% / yr

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

Public Records for 518 East Whitaker Mill Road

Taxable ValueLand$495,000Additions$49,949Total$544,949
Tax Record2025$4,772 ($398 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,541 SqFtAbove Grade Finished SqFt1,541 SqFtStories1Lot Size10,890 SqFtStyleSingle Family ResidenceYear Built1943Year Renovated1983ZoningR-10CountyWAKEAPN1704.08-88-8519-000

Schools near 518 East Whitaker Mill Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Underwood Elementary
PublicK to 5

Oberlin Middle School
Public6 to 8

Needham Broughton High
Public9 to 12

Phillips High
Public9 to 12

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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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 Long & Foster Real Estate INC/Raleigh

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