Check Availability
$198,000 - $242,000
Land - In Contract

3717 Lee Road

Raleigh, NC 27604
bedrooms
Studio
bathrooms
0 Bath
Refi Nov 29, 2021
Transfer
$99,000 by Rocket Mortgage Llc
Mortgage Due Dec 01, 2051

About This Property

Rare building lot in Raleigh.  Excellent Location near Beltline, Downtown Raleigh, Crabtree Mall, I 40. 2 Lots: 1 is lot is approx. 60×200 and Lot 2 is approx. 50 x 200 . Will need to break surveyed and subdivided. Tax Value Undetermined as property not subdivided. Acreage is approx. as no survey available. Price increase to reflect buyer and seller new negotiated price on two lots. Initial listing was for one lot.
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1958
Listed By
Barry Wilkins
Allen Tate/ Lake Royale

Price History

Date / Event Date Event Price
Jan 4, 2024 In contract -
In contract
Jan 3, 2024 No longer available -
No longer available
Dec 15, 2023 In contract -
In contract
Dec 5, 2023 No longer available -
No longer available
Oct 14, 2023 Price Increased $220,000
↑ $91K (70.5%)
Price Increased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 320
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEW HOPE ACRES
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RCMB FOR AUBREY L MEADE BM1992-01404

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052707

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0046555
  • District: 17
  • Parcel: 1725.07-69-1363 0046555
  • Municipality: ST MATTHEW'S
  • Latitude: 35.8356
  • Longitude: -78.5744

    Address

  • Full Address: 3717 Lee Rd
  • Address - House Number: 3717
  • Address - Street Name: Lee
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C032
  • 4-Digit Zip Code: 4236
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $680

    Appraisal Valuation

  • Standard Deviation: 0.133
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 84
  • Final Value: 225,912
  • High Value: 255,968
  • Low Value: 195,856

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $99,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Loan Amount: $99,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $156,133
  • Market Land Value: $81,250
  • Market Improvement Value: $74,883

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,133
  • Assessed Land Value: $81,250
  • Assessed Improvements Value: $74,883

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
2 Beds
1.5 Baths
1,058 ft²
$231/ft²
$244,900 Nov 5, 2023
-
$108/mo

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Frequently Asked Questions

When was property at 3717 Lee Road built and last sold?
The property at 3717 Lee Road was built in 1958 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3717 Lee Road is $141,299.
What are some comparable homes to 3717 Lee Road?
Homes that are comparable to 3717 Lee Road include a townhouse property at 3303 Comstock Road, located in Raleigh, NC.

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