See Home Value
$573,542*
Land - Off Market

2125 Pine Drive

Raleigh, NC 27608
bedrooms
Studio
bathrooms
0 Bath
$342,000 - $416,000
Reference Base Price*
50.97%
Since Mar 1, 2019
National-US
Primary Model
Sold May 10, 2019
$354,000
$683,200 by Branch Banking And Trust Co
Mortgage Due Jun 01, 2050
Sold Dec 27, 1995
$114,000

About This Property

Rare, spectacular lot in Five Points. Now is your chance to build your forever dream home. Lot is .24 acres and is perfectly sloped to accommodate a walkout lower level. The lot is completely cleared and ready to build. All utilities available. House plans can be included for free with purchase. The plans are for an over 4000 square foot home with 5 bedrooms, 4+ bathrooms, and a 2 car garage.
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2020

Price History

Date / Event Date Event Price
Feb 26, 2019 No longer available -
No longer available
Feb 3, 2019 Price Decreased $379,900
↓ $20K (5%)
Price Decreased
Oct 25, 2018 Price Increased $399,900
↑ $20K (5.3%)
Price Increased
Sep 6, 2018 Listed $379,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 294
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 4,217
  • Building Area: 4,217
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,217
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VILLA PARK
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1 VILLA PARK BM2019-01460

Ownership

  • Current Owner : WARD JON H
  • Current Owner 2: WARD KRISTI W
  • Previous Owner : PETERSON THOMAS M
  • Previous Owner 2: PETERSON STACY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051800

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: BK 2019 PG 1460
  • Account Number: 0041262
  • District: 01
  • Parcel: 1705.19-70-4259 0041262
  • Lot: 1
  • Municipality: RALEIGH
  • Latitude: 35.8111
  • Longitude: -78.6374

    Address

  • Full Address: 2125 Pine Dr
  • Address - House Number: 2125
  • Address - Street Name: Pine
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C009
  • 4-Digit Zip Code: 1618
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,512

    Appraisal Valuation

  • Standard Deviation: 0.0968
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 91
  • Final Value: 1,640,846
  • High Value: 1,799,830
  • Low Value: 1,481,863

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $983,200
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: May 10, 2019
  • First Open Lien Mortgage Loan Amount: $683,200
  • First Open Lien Mortgage Term: 372
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Dec 02, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $300,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $1,135,053
  • Market Land Value: $330,000
  • Market Improvement Value: $805,053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,135,053
  • Assessed Land Value: $330,000
  • Assessed Improvements Value: $805,053

    Sales

  • Current Sale Contract Date: May 07, 2019
  • Current Sale Recording Date: May 10, 2019
  • Current Sale Transaction ID: 11608650359
  • Current Sale Price: $354,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 27, 1995
  • Previous Sale Contract Date: Dec 27, 1995
  • Previous Sale Amount: $114,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: May 10, 2019
  • First Mortgage Loan Amount: $683,200
  • First Mortgage Terms: 372
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jun 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
6 Beds
4 Baths
-
$385,000 Jun 30, 2014
$385,000 Oct 31, 2014
$421/mo
In Contract
Land
Loft
-
-
$425,000 Jan 25, 2022
-
-
Condo
2 Beds
2 Baths
996 ft²
$326/ft²
$325,000 Mar 25, 2023
-
$224/mo

About University


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Frequently Asked Questions

When was property at 2125 Pine Drive built and last sold?
The property at 2125 Pine Drive was built in 2020 and last sold on May 7, 2019 for $354,000.
How much is this home worth?
The estimated value of the home located at 2125 Pine Drive is $383,699.
What are some comparable homes to 2125 Pine Drive?
There are currently no comparable homes to 2125 Pine Drive.

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