3506 Bellevue Road

Raleigh, NC 27609

$512,000
Last Sold Price
10,018 / 0.23
Lot Size / Acres

Description

This lot with an existing home is in an outstanding area for single family living and presents a great investing opportunity, not only for traditional investors but the average homeowner. Located "Inside the Beltline" within a 5-10 minute walk to "Midtown", one of Raleigh's fastest growing corporate/leisure/business/shopping centers that has already lead Raleigh's historical growth in homeowner value over the past 15 years. In my opinion as A 25+ year Real Estate Appraiser that has lived in this...This lot with an existing home is in an outstanding area for single family living and presents a great investing opportunity, not only for traditional investors but the average homeowner. Located "Inside the Beltline" within a 5-10 minute walk to "Midtown", one of Raleigh's fastest growing corporate/leisure/business/shopping centers that has already lead Raleigh's historical growth in homeowner value over the past 15 years. In my opinion as A 25+ year Real Estate Appraiser that has lived in this market all my life, The city of Raleigh has planned over 4 billion in investments for Downtown and Midtown over the next 2 years, coupled with the beautiful architectural plans for the expansion of Midtown by the original developer, Kane Realty. The value of homes and land in this market surrounding Midtown will likely enter a parabolic move upwards lasting over the next several years. R-4 zoning requirements allow 38% of the lot to be impervious. This can support a 3-4 level home up to approximately 9500 square feet. The best ROI for this property is building a modern home on the lot.
  1. Listed by Adam Bryn • Bryn Appraisal Group, LLC

Property Details for 3506 Bellevue Road

View
No
Subdivision
Bellevue Terrace

Location

Listing Courtesy of Bryn Appraisal Group, LLC

Sold By Movil Realty

Add your commute
LISTING UPDATED: 07/13/2023 07:19 PM

Property Details for 3506 Bellevue Road

StatusClosed
MLS #2485357
Days on Market186
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Vacant
Year Built-
Lot Size0.23 AC
CountyWake County

Location

Listing Courtesy of Bryn Appraisal Group, LLC

Sold By Movil Realty

Add your commute

Building Information for 3506 Bellevue Road

Lot Size0.23 AC

Payment Calculator

$3,113 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,794

Property Taxes

$319

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3506 Bellevue Road

Summary
Location and General Information
  • Topography: Sloping, Steep
  • Zoning: R-4
  • Directions: 440 BELT-LINE TO SIX FORKS RD TO SOUTH EXIT, THEN AT THE END OF THE RAMP EXIT LANE, TAKE A RIGHT ON RAMBLEWOOD DR, THEN A QUICK IMMEDIATE LEFT ONTO BELLEVUE RD, ONCE YOU PASS TERRACE DR, THE HOME & LOT ARE THE FIFTH LOT ON THE LEFT- CONTEMPORARY HSE
  • Subdivision Name: Bellevue Terrace
  • Latitude: 35.828813
  • Longitude: -78.638273
  • Road Frontage Type: Other
  • Road Surface Type: Paved
Taxes and HOA Information
  • Tax Lot: 66
School Information
  • Elementary School: Wake - Root
  • Middle Or Junior School: Wake - Oberlin
  • High School: Wake - Broughton
Parking
  • Parking Features: Driveway
Property
Lot Information
  • Lot Features: In City, Secluded
  • Lot Size Dimensions: 140 x 70
  • Other Structures: No Buildings
Property and Assessments
  • Photos Count: 3
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Curb/Gutter
Utilities
  • Sewer: Conventional
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: County On Site
  • Water_Sewer: County On Site, Conventional, Electricity Connected, Natural Gas Connected
Interior and Exterior Features
Interior Features
  • Interior: Electricity Connected, Natural Gas Connected, Driveway
  • Equipment: Driveway
Agent
Sale and Listing
  • Property Class Name: Land

Property History for 3506 Bellevue Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3506 Bellevue Road

Taxable ValueLand$269,500Additions$79,466Total$348,966
Tax Record2023$3,824 ($319 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,782 SqFtAbove Grade Finished SqFt1,782 SqFtStories2Lot Size10,019 SqFtStyleSingle Family ResidenceYear Built1979ZoningR-4CountyWAKEAPN1705.11-76-2717 0013511Fireplace TypeHas Fireplace

Schools near 3506 Bellevue Road

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 - 9 to 12
Rating
School
Distance
Root Elementary School
PublicPK to 5

Oberlin Middle School
Public6 to 8

Needham Broughton High
Public9 to 12

North Wake College And Career Academy
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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bryn Appraisal Group, LLC

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.