See Home Value
$203,000 - $247,000
Land - Off Market

740 Quarry Street

Raleigh, NC 27601
bedrooms
Studio
bathrooms
0 Bath
Sold Mar 12, 2024
$200,000
$200,000 by Williams Brian
Mortgage Due Apr 01, 2025
Sold Dec 08, 2022
$199,000

About This Property

Great lot location in Downtown Raleigh with excellent views of Raleigh's skyline.  This piece of land offers lots of opportunity with chances of a pre-sale home with Steve Sypher Designs or any other builder of your choice.  A duplex rental build could be possible with the excellent opportunities of having rental income.  This piece of land is an opportunity of any kind that fits your needs.  At this time - there is a duplex on the site with minimal value, we beleive the best use of the land is a new build.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
$148
HOA Dues
-
Year Built
1948

Price History

Date / Event Date Event Price
Mar 14, 2024 No longer available -
No longer available
Feb 18, 2024 In contract -
In contract
Dec 24, 2023 Listed $225,000
Listed
Dec 8, 2022 Sold $199,000
Sold
Nov 12, 2022 No longer available -
No longer available
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Concrete block
  • Building Style: Conventional
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 936
  • Building Area: 936
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 936
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF WATSON LAND
  • Land Acres: 0.17
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LO244 WATSON LAND BM1885-00034

Ownership

  • Current Owner : PEAK REAL ESTATE PARTNERS LLC
  • Previous Owner : TWO APPLES PROPERTIES LLC
  • Owner Before Previous Owner: BENT CREEK HOLDINGS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050800

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0001529
  • District: 01
  • Parcel: 1713.13-14-5980 0001529
  • Lot: 244
  • Municipality: RALEIGH
  • Latitude: 35.7687
  • Longitude: -78.6238

    Address

  • Full Address: 740 Quarry St
  • Address - House Number: 740
  • Address - Street Name: Quarry
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C012
  • 4-Digit Zip Code: 2042
  • Zip Code: 27601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,772

    Appraisal Valuation

  • Standard Deviation: 0.068
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 96
  • Final Value: 223,112
  • High Value: 238,290
  • Low Value: 207,933

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: WILLIAMS BRIAN
  • First Open Lien Mortgage Recording Date: Mar 12, 2024
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2025
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $158,865
  • Market Land Value: $121,500
  • Market Improvement Value: $37,365

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,865
  • Assessed Land Value: $121,500
  • Assessed Improvements Value: $37,365

    Sales

  • Current Sale Contract Date: Mar 07, 2024
  • Current Sale Recording Date: Mar 12, 2024
  • Current Sale Transaction ID: 11922635138
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 08, 2022
  • Previous Sale Contract Date: Dec 07, 2022
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILLIAMS BRIAN
  • First Mortgage Transaction Date: Mar 12, 2024
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2025



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$213,000 Jun 13, 2003
$213,000 Aug 15, 2003
$172/mo
Land
Loft
-
-
$205,000 Apr 21, 2023
-
-
In Contract
Land
Loft
-
-
$264,900 Jan 3, 2024
-
$57/mo
House
2 Beds
1 Bath
918 ft²
$283/ft²
$260,000 Nov 2, 2023
-
$143/mo

About Central Raleigh


Similar Homes for Sale

Unit for sale at 749 Quarry Street, Raleigh, NC 27601

$205,000

  • Land
749 Quarry Street, Raleigh, NC 27601 Listing by Koren Bowman

Nearby Rentals

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Unit for rent at 600 Devereaux Street, Raleigh, NC, 27605

$2,000 /mo

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600 Devereaux Street #A, Raleigh, NC, 27605 Listing by John O'Neal
Unit for rent at 301 Fayetteville Street, Raleigh, NC, 27601

$2,000 /mo

  • 1 Bed
  • 1 Bath
  • 874 ft²
301 Fayetteville Street #2904, Raleigh, NC, 27601 Listing by Ann-Cabell Baum


Frequently Asked Questions

When was property at 740 Quarry Street built and last sold?
The property at 740 Quarry Street was built in 1948 and last sold on Mar 7, 2024 for $200,000.
How much is this home worth?
The estimated value of the home located at 740 Quarry Street is $227,250.
What are some comparable homes to 740 Quarry Street?
Homes that are comparable to 740 Quarry Street include a land property at 749 Quarry Street, a house property at 1 Glenwood Avenue, a land property at 931 Cotton Place.

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