Sold
Last Sold Price
9,147 Lot Size0.21 Acres
721 E Lenoir St, Raleigh, NC 27601
LandProperty Type
9,147 sq ftLot Size

Description

Fully permitted Fee Simple Townhome Development - 6 Parcels, 5 Units up to 2300sf with parking and individual driveways included. Preliminary Subdivision Approval, AA Letter received and SPR approved. Buyer will be amended as the SPR applicant and will be responsible to sureties and platting.Fully permitted Fee Simple Townhome Development - 6 Parcels, 5 Units up to 2300sf with parking and individual driveways included. Preliminary Subdivision Approval, AA Letter received and SPR approved. Buyer will be amended as the SPR applicant and will be responsible to sureties and platting.
  • Listed by: Matthew Tomasulo • Elm Partners
Listing closed: 07/14/2025 01:27 PM • Source: TRIANGLEMLS, MLS#: 10070550

Location

Listing Courtesy of Elm Partners

Sold By Monarch Realty Co.

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Payment Calculator

$4,834 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,448

Property Taxes

$386

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 721 East Lenoir Street

Property Details
  • Taxes: $4,635 / year
  • MLS Type: Land / Unimproved Land
  • County: Wake County
  • View: Yes
  • Subdivision: Olde Raleigh
Building Information
  • Lot Size: 0.21 AC
Summary
Location and General Information
  • Directions: Use Google
  • Subdivision Name: Olde Raleigh
  • Latitude: 35.772838
  • Longitude: -78.625829
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $4,635.21
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 1713069492
  • Restrictive Covenants YN: No
Contract Information
  • Lease Expiration Date: 2025-05-31
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2025-03-23
School Information
  • Elementary School: Wake - Hunter
  • Middle Or Junior School: Wake - Ligon
  • High School: Wake - Enloe
Property
Lot Information
  • Lot Size Dimensions: 69 x 135
  • List PriceAcre: 4280952.38
  • Road Frontage Length: 210
  • Sold PriceAcre: 4166666.67
  • Sold PriceList Price: 0.97
Property and Assessments
  • Photos Count: 0
  • Below Grade Finished Area Units: Square Feet
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
  • Pool Private: No
Interior Features
  • Interior: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Agent
Sale and Listing
  • Property Type: Land
  • Property Class Name: Land
Rental
Rental Information
  • Lease Term: 12 Months

Property History for 721 East Lenoir Street

DateEvent & SourcePriceAppreciation
Jul 14, 2025

Sold

TRIANGLEMLS #10070550

Jul 14, 2025

Pending

TRIANGLEMLS #10070550

Jul 10, 2025

Sold

TRIANGLEMLS #10070550

$875,000
DateEvent & SourcePrice
07/14/2025

Sold

TRIANGLEMLS #10070550

07/14/2025

Pending

TRIANGLEMLS #10070550

07/10/2025

Sold

TRIANGLEMLS #10070550

$875,000

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

Public Records for 721 East Lenoir Street

Taxable ValueLand$302,500Additions$228,964Total$531,464
Tax Record2025$4,655 ($388 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,348 SqFtAbove Grade Finished SqFt1,348 SqFtStories1Lot Size9,148 SqFtStyleSingle Family ResidenceYear Built2017ZoningRX-3CountyWAKEAPN1713.09-06-9492 0011645

Schools near 721 East Lenoir Street

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
Hunter Elementary School
PublicPK to 5

Ligon Middle
Public6 to 8

William G Enloe 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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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 Elm Partners

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