Check Availability
$1,100,000
↓ $100K (8.3%)
House - For Sale

622 Velma Hopkins Lane

Raleigh, NC 27603
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
2777 Sqft
$5,777
Estimated Monthly
$200
HOA / Fees
1.93%
Cap Rate

About This Property

This is one of the largest homes in Caraleigh Commons at over 2777 sqft. and one the largest backyards in the community.

Uniquely modern, historically inspired custom home w/skyline views from rooftop deck in desirable Caraleigh Commons. 4 Bd/3 Ensuite Bath+1/2 Ba on main &spacious office/flex on 3rd. Currently in the process of being built and will feature incl 10'ceilings, detailed trim pkg, o'size windows, oak stairs+hrdwd floors. Enjoy the ease+convenience of open plan layout+downtown living in this bustling development w/lg common area+greenway leading to Farmers Market+Dix Park & Trophy brewing across the street!

The manager has listed the unit size as 2777 square feet.
Unit Size
2,777Ft²
Days on Market
99 days
Land Size
0.05 acres
Price per sqft
$396
Property Type
House
Property Taxes
$175
HOA Dues
$200
Year Built
-
Listed By
Annette Holt
Keller Williams Legacy
Last updated: 2 months ago (TRIANGLE #10006725)

Price History

Date / Event Date Event Price
Mar 8, 2024 Price Decreased $1,100,000
↓ $100K (8.3%)
Price Decreased
Jan 17, 2024 Listed by Compass North Carolina $1,200,000
Listed by Compass North Carolina
Feb 27, 2023 No longer available -
No longer available
Feb 23, 2023 Listed by CitySpace Management $307,200
Listed by CitySpace Management
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…
Aug 7, 2021 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
Interior Details

Interior Information

Deck
Building Details
New Construction

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 2,178
  • 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: 0.05
  • Standard Land Use Code: Vacant land (general)
  • Legal Description 1: LO26 CARALEIGH COMMONS PH1 BM2017-00061

Ownership

  • 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 61
  • Account Number: 0443221
  • District: 01
  • Subdivision Phase Number: 1
  • Parcel: 1703.17-11-9948 0443221
  • Lot: 26
  • Municipality: RALEIGH
  • Latitude: 35.7607
  • Longitude: -78.6564

    Address

  • Full Address: 622 Velma Hopkins Ln
  • Address - House Number: 622
  • 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: $2,098
  • Intital Tax Deliquent Year: 2022

    Market Valuation

  • Market Total Value: $192,500
  • Market Land Value: $192,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,500
  • Assessed Land Value: $192,500

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3.5 Baths
2,659 ft²
$414/ft²
$1,100,000 Nov 3, 2023
-
$368/mo
House
3 Beds
3.5 Baths
2,659 ft²
$382/ft²
$1,015,000 Apr 6, 2023
-
$200/mo
House
3 Beds
3.5 Baths
2,240 ft²
$491/ft²
$1,100,000 Jun 9, 2023
-
$200/mo

About Southwest Raleigh


Similar Homes for Sale

Unit for sale at 1615 Ella Wiggins Way, Raleigh, NC 27603

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Frequently Asked Questions

When was property at 622 Velma Hopkins Lane built and last sold?
The property at 622 Velma Hopkins Lane was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 622 Velma Hopkins Lane is $1,089,313.
What are some comparable homes to 622 Velma Hopkins Lane?
Homes that are comparable to 622 Velma Hopkins Lane include a house property at 615 Maywood Avenue, 1615 Ella Wiggins Way, 611 Velma Hopkins Lane.

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