Check Availability
$238,000 - $290,000
Land - In Contract

931 Cotton Place

Raleigh, NC 27601
bedrooms
Studio
bathrooms
0 Bath
Sold Sep 06, 2022
$525,000
Sold Jan 01, 1971
$7,500

About This Property

Rare opportunity for a extremely developable lot. It has OX-3 zoning and is in both the Frequent Transit Area and the Bus Rapid Transit (BRT) Area. We have laid out a couple development options in both the photos section as well as the docs section. Each lot (829 Cotton and 931 Cotton) can have 2 units for a total of 4units. The first option is to develop as the lot line currently sits and the second option is to recombine the lots and move the lot line so that you can build 4 identical units. Can be sold separately or together with 829 Cotton Place. The City of Raleigh proposed rezoning to OX-5. The link below takes you to the proposed rezoning. https://ral.maps.arcgis.com/apps/instant/lookup/index.html?appid=5a0da17620d24057a85c283546e17837

Call Matt Spitzer @ with questions
Unit Size
-
Days on Market
-
Land Size
0.07 acres
Price per sqft
-
Property Type
Land
Property Taxes
$57
HOA Dues
-
Year Built
-
Listed By

Price History

Date / Event Date Event Price
Feb 10, 2024 In contract -
In contract
Jan 3, 2024 Listed $264,900
Listed
Dec 23, 2023 No longer available -
No longer available
Oct 10, 2023 Price Decreased $264,900
↓ $100 (0%)
Price Decreased
Jul 7, 2023 Price Decreased $265,000
↓ $10K (3.6%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Agricultural
  • Land Acres: 0.07
  • Standard Land Use Code: Rural improved/ non-residential
  • Legal Description 1: 931 COTTON PLACE

Ownership

  • Current Owner : ARCHIVE DEVELOPMENT LLC
  • Previous Owner : FELLERS IRACIE M
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050100

Zoning

  • Zoning: OX-3

Geography

  • Account Number: 0021835
  • District: 01
  • Parcel: 1713.05-18-5695 0021835
  • Municipality: RALEIGH
  • Latitude: 35.779
  • Longitude: -78.6237

    Address

  • Full Address: 931 Cotton Pl
  • Address - House Number: 931
  • Address - Street Name: Cotton
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Raleigh
  • Zip Code: 27601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $682
  • Intital Tax Deliquent Year: 2019

    Market Valuation

  • Market Total Value: $62,599
  • Market Land Value: $60,919
  • Market Improvement Value: $1,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,599
  • Assessed Land Value: $60,919
  • Assessed Improvements Value: $1,680

    Sales

  • Current Sale Contract Date: Aug 02, 2022
  • Current Sale Recording Date: Sep 06, 2022
  • Current Sale Transaction ID: 11895782429
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 01, 1971
  • Previous Sale Contract Date: Jan 01, 1971
  • Previous Sale Amount: $7,500
  • Previous Sale Document Type: Deed

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
In Contract
Land
Loft
-
-
$265,000 Jan 3, 2024
-
$57/mo
Land
Loft
-
-
$225,000 Dec 24, 2023
-
$148/mo
House
2 Beds
1 Bath
1,014 ft²
$282/ft²
$285,900 Feb 3, 2024
-
$92/mo
House
2 Beds
1 Bath
790 ft²
$380/ft²
$300,000 Nov 30, 2023
-
$134/mo

About Central Raleigh


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Frequently Asked Questions

When was property at 931 Cotton Place built and last sold?
The property at 931 Cotton Place was built in and last sold on Aug 2, 2022 for $525,000.
How much is this home worth?
The estimated value of the home located at 931 Cotton Place is $267,549.
What are some comparable homes to 931 Cotton Place?
Homes that are comparable to 931 Cotton Place include a land property at 740 Quarry Street, a house property at 1611 Cross Street, 1218 Boyer Street.

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