3506 Bellevue Road
3506 Bellevue Road
$512,000
10,018 / 0.23
Closed 7/11/23
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.
- Listed by Adam Bryn • Bryn Appraisal Group, LLC
Property Details for 3506 Bellevue Road
View
No
SubdivisionBellevue Terrace
Location
LISTING UPDATED: 07/13/2023 07:19 PM
Property Details for 3506 Bellevue Road
Status | Closed |
---|---|
MLS # | 2485357 |
Days on Market | 186 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Vacant |
Year Built | - |
Lot Size | 0.23 AC |
County | Wake County |
Location
Building Information for 3506 Bellevue Road
Lot Size0.23 AC
Payment Calculator
$3,113 per month
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Property Information for 3506 Bellevue Road
Property History for 3506 Bellevue Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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