931 Cotton Place

Raleigh, NC 27601

$264,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare opportunity for a extremely developable lot. It has OX-3 zoning and is in both the Frequent Transit Area and the Bus Rapid Transit (BRT) Area. We have laid out a couple development options in both the photos section as well as the docs section. Each lot (829 Cotton and 931 Cotton) can have 2 units for a total of 4units. The first option is to develop as the lot line currently sits and the second option is to recombine the lots and move the lot line so that you can build 4 identical units. Can...Rare opportunity for a extremely developable lot. It has OX-3 zoning and is in both the Frequent Transit Area and the Bus Rapid Transit (BRT) Area. We have laid out a couple development options in both the photos section as well as the docs section. Each lot (829 Cotton and 931 Cotton) can have 2 units for a total of 4units. The first option is to develop as the lot line currently sits and the second option is to recombine the lots and move the lot line so that you can build 4 identical units. Can be sold separately or together with 829 Cotton Place. The City of Raleigh proposed rezoning to OX-5. The link below takes you to the proposed rezoning. https://ral.maps.arcgis.com/apps/instant/lookup/index.html? appid=5a0da17620d24057a85c283546e17837

Call Matt Spitzer @ 919.602.7480 with questions
  1. Listed by Matt Ryan Spitzer • Rich Realty Group
  2. Listed by David Mang • Rich Realty Group

Property Details for 931 Cotton Place

Subdivision
Not in a Subdivision

Location

Listing Courtesy of Rich Realty Group
Add your commute
LISTING UPDATED: 02/18/2024 07:15 AM

Property Details for 931 Cotton Place

StatusPending
MLS #10004333
Days on Market36
Taxes$682 / year
HOA Fees-
Condo/Co-op Fees-
Compass Type-
MLS Type-
Year Built-
Lot Size0.07 AC / 3,049 SF
CountyWake County

Location

Listing Courtesy of Rich Realty Group
Add your commute

Building Information for 931 Cotton Place

Stories-Residences-Year Built-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$1,503 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,446

Property Taxes

$57

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 931 Cotton Place

Summary
Location and General Information
  • Directions: From downtown, head east on New Bern Ave, turn right on South State St. Property will be on the right on the corner of S. State St and Cotton Place.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.77897
  • Longitude: -78.623737
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
Taxes and HOA Information
  • Tax Annual Amount: $682.00
  • Lot Number: 0
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
School Information
  • Elementary School: Wake - Root
  • Middle Or Junior School: Wake - Ligon
  • High School: Wake - Broughton
Property
Lot Information
  • Lot Features: Paved
  • Lot Size Dimensions: 50 x 62
  • List PriceAcre: 3784285.71
Property and Assessments
  • Photos Count: 5
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Agent
Sale and Listing
  • Property Class Name: CrossProperty

Property History for 931 Cotton Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 931 Cotton Place

Taxable ValueLand$60,919Additions$1,680Total$62,599
Tax Record2023$682 ($57 / month)
Home Facts
Lot Size3,049 SqFtStyleMiscellaneous AgriculturalZoningOX-3CountyWAKEAPN1713.05-18-5695 0021835

Schools near 931 Cotton Place

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

Ligon Middle
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 Rich Realty Group

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.