See Home Value
$248,000 - $302,000
Land - Off Market

615 Velma Hopkins Lane

Raleigh, NC 27603
bedrooms
Studio
bathrooms
0 Bath
Sold Jan 11, 2024
$235,000

About This Property

Rare opportunity to purchase ready-to-build single family lots in the heart of Downtown Raleigh's Southern Gateway.  These homesites are walking distance to Dix Park, the Farmers Market, and the Downtown South Development area that has just started construction.   Of the initial 47 lots in the first phase of Caraleigh Commons, 32 stunning custom homes have been completed in styles ranging from charming historic replicas to sleek modern masterpieces. All the homes and lots feature skyline views with most including rooftop decks.  Current homes are selling for over a million dollars.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Jan 28, 2024 No longer available -
No longer available
Jan 11, 2024 Sold $235,000
Sold
Jan 4, 2024 In contract -
In contract
Jan 3, 2024 No longer available -
No longer available
Dec 15, 2023 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Vacant
  • Subdivision: CARALEIGH COMMONS
  • Land Acres: 0.06
  • Standard Land Use Code: Vacant land (general)
  • Legal Description 1: LO31 CARALEIGH COMMONS PH1 BM2017-00062

Ownership

  • Current Owner : RISE NC DEVELOPMENT LLC
  • Previous Owner : CARALEIGH VILLAGE LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054502

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: BK 2017 PG 62
  • Account Number: 0443225
  • District: 01
  • Subdivision Phase Number: 1
  • Parcel: 1703.17-21-0865 0443225
  • Lot: 31
  • Municipality: RALEIGH
  • Latitude: 35.7604
  • Longitude: -78.656

    Address

  • Full Address: 615 Velma Hopkins Ln
  • Address - House Number: 615
  • Address - Street Name: Velma Hopkins
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C031
  • 4-Digit Zip Code: 6489
  • Zip Code: 27603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,480
  • Intital Tax Deliquent Year: 2022

    Market Valuation

  • Market Total Value: $227,500
  • Market Land Value: $227,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,500
  • Assessed Land Value: $227,500

    Sales

  • Current Sale Contract Date: Dec 26, 2023
  • Current Sale Recording Date: Jan 11, 2024
  • Current Sale Transaction ID: 11919498474
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southwest Raleigh


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Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 615 Velma Hopkins Lane built and last sold?
The property at 615 Velma Hopkins Lane was built in and last sold on Dec 26, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 615 Velma Hopkins Lane is $277,760.
What are some comparable homes to 615 Velma Hopkins Lane?
There are currently no comparable homes to 615 Velma Hopkins Lane.

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