Sold
Last Sold Price
9,148 Lot Size0.21 Acres
721 E Lenoir St, Raleigh, NC 27601
LandProperty Type
0.21 acresLot 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 860.836.4891 matt.tomasulo@gmail.com • Elm Partners
Listing closed: 07/10/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10070550

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Recent comparable sales

Median sold price

$685,000

Avg days on market

203

Sale-to-list ratio

85.8%

Raleigh, NC

9 comparable properties found

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$223,500 | 914 South State Street, Raleigh, NC 27601
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$223,500 | 918 South State Street, Raleigh, NC 27601
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$160,000 | 605 Bragg Street, Raleigh, NC 27601
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Location

Listing Courtesy of Elm Partners

Sold By Monarch Realty Co.

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$5,057 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,671

Property Taxes

$386

HOA Dues

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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
  • 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
  • Has City Limits: Yes
  • Lot Number: 1713069492
  • Has Restrictive Covenants: No
Contract Information
  • Lease Expiration Date: 2025-05-31
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2025-03-23
School Information
  • Elementary School: Wake - Hunter Elementary
  • Middle Or Junior School: Wake - Ligon Middle
  • High School: Wake - William G Enloe High
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
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Rental
Rental Information
  • Lease Term: 12 Months

Property History for 721 East Lenoir Street

DateEvent & SourcePriceAppreciation
Jul 10, 2025

Sold

Doorify MLS (fka Triangle MLS) #10070550

$875,000—
Jun 25, 2025

Sold (Public Record)

Public Record #1904797166

$875,000

+15.6% / yr

Jan 13, 2025

Pending

Doorify MLS (fka Triangle MLS) #10070550

—
DateEvent & SourcePrice
07/10/2025

Sold

Doorify MLS (fka Triangle MLS) #10070550

$875,000
06/25/2025

Sold (Public Record)

Public Record #1904797166

$875,000

+15.6% / yr

01/13/2025

Pending

Doorify MLS (fka Triangle MLS) #10070550

—

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 Built2017Year Renovated2017ZoningRX-3CountyWAKEAPN1713.09-06-9492-000

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 721 East Lenoir Street, Raleigh, NC 27601
$875,000
–
–
–
9,148
$699,000
4
1,953
7,405
$325,000
2
902
6,969
$775,000
4
2,668
12,196
$340,000
3
1,337
9,583
$650,000
–
1
1,060
19,166

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

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.