Check Availability
$350,000
House - For Sale

7308 Lead Mine Road

Raleigh, NC 27615
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1015 Sqft
$1,879
Estimated Monthly
$0
HOA / Fees
6.14%
Cap Rate

About This Property

Property is now OPEN to UPSET BIDS - starts 1/19/24.  Ten Day period @ the Wake County Courthouse - Clerk of Court.  
Rare & Unique opportunity for investment and future development!  Bring your own developer/builder and let your investment juices flow! Ideally located in north Raleigh in a  highly desirable area. Home on the property is livable yet needs work, otherwise potential for razing the home for new development.  The property is being sold As-Is.  No known or confirmed future development approval, City of Raleigh to approve any and all.

The manager has listed the unit size as 1015 square feet.
Unit Size
1,015Ft²
Days on Market
111 days
Land Size
0.79 acres
Price per sqft
$345
Property Type
House
Property Taxes
$160
HOA Dues
-
Year Built
1941
Listed By
Renee Smith
Howard Perry & Walston Realty
Last updated: 4 months ago (TRIANGLE #10005463)

Price History

Date / Event Date Event Price
Jan 10, 2024 Listed by Compass North Carolina $350,000
Listed by Compass North Carolina

Property Highlights

Building Details
New Construction

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 34,412
  • Total Building Area: 1,015
  • Building Area: 1,015
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,015
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: DUNN ACRES SUB
  • Land Acres: 0.79
  • Legal Description 1: LO1 DUNN ACRES SUB BM1976-202

Ownership

  • Current Owner : EMORY O L

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053729

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0063058
  • District: 07
  • Parcel: 1707.09-05-3463 0063058
  • Lot: 1
  • Municipality: HOUSE CREEK
  • Latitude: 35.8802
  • Longitude: -78.6613

    Address

  • Full Address: 7308 Lead Mine Rd
  • Address - House Number: 7308
  • Address - Street Name: Lead Mine
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C056
  • 4-Digit Zip Code: 4820
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,917
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.0916
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 92
  • Final Value: 291,726
  • High Value: 318,468
  • Low Value: 264,983

    Market Valuation

  • Market Total Value: $174,032
  • Market Land Value: $136,000
  • Market Improvement Value: $38,032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,032
  • Assessed Land Value: $136,000
  • Assessed Improvements Value: $38,032

    Sales

  • Current Sale Contract Date: May 27, 1997
  • Current Sale Recording Date: May 27, 1997
  • Current Sale Transaction ID: 1688580888
  • Current Sale Price: $65,000
  • Current Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$325,000 May 8, 2019
$325,000 Jun 27, 2019
$323/mo
Townhouse
2 Beds
2 Baths
1,056 ft²
$331/ft²
$350,000 Dec 19, 2023
-
$178/mo
Townhouse
3 Beds
2.5 Baths
1,807 ft²
$232/ft²
$419,900 Nov 30, 2023
-
$446/mo
In Contract
Townhouse
2 Beds
2 Baths
1,398 ft²
$229/ft²
$320,000 Sep 29, 2023
-
$724/mo
Condo
2 Beds
2 Baths
1,550 ft²
$213/ft²
$330,000 Jan 6, 2024
-
$742/mo
Townhouse
2 Beds
2.5 Baths
1,628 ft²
$197/ft²
$319,900 Nov 11, 2023
-
$18,632/mo
Other
Loft
2.5 Baths
2,007 ft²
$202/ft²
$405,000 Dec 3, 2023
-
$150/mo

About North Raleigh


Similar Homes for Sale

Unit for sale at 7308 Doverton Court, Raleigh, NC 27615

$405,000

  • Loft
  • 2.5 Baths
  • 2,007 ft²
7308 Doverton Court, Raleigh, NC 27615 Listing by EXP Realty LLC
Unit for sale at 7510 Lead Mine Road, Raleigh, NC 27615

$330,000

  • 2 Beds
  • 2 Baths
  • 1,550 ft²
7510 Lead Mine Road #104, Raleigh, NC 27615 Listing by Jodie Luke
Unit for sale at 6700 Middleboro Drive, Raleigh, NC 27612

$419,900

  • 3 Beds
  • 2.5 Baths
  • 1,807 ft²
6700 Middleboro Drive, Raleigh, NC 27612 Listing by LUTHER Misenheimer

Nearby Rentals

Unit for rent at 5313 Ridgeloch Place, Raleigh, NC, 27612

$2,000 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,618 ft²
5313 Ridgeloch Place, Raleigh, NC, 27612 Listing by Greg Beck


Frequently Asked Questions

When was property at 7308 Lead Mine Road built and last sold?
The property at 7308 Lead Mine Road was built in 1941 and last sold on May 27, 1997 for $65,000.
How much is this home worth?
The estimated value of the home located at 7308 Lead Mine Road is $348,237.
What are some comparable homes to 7308 Lead Mine Road?
Homes that are comparable to 7308 Lead Mine Road include a townhouse property at 1016 Boathouse Court, 6700 Middleboro Drive, 7510 Lead Mine Road.

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