316 East South Street

Raleigh, NC 27601

$1,400,000
Price
3
Beds
2
Baths
2,310 Sq. Ft.
$606 / Sq. Ft.
2,310
Sq. Ft.
$606
per Sq. Ft.

Description

OPEN HOUSE 1:00 - 3:00 p.m. December 15, 2024. What a great investment opportunity near downtown Raleigh, one of the fastest growing cities in the Southeast. 310 (MLS# 10064429) and 316 E. South Street are zoned R-10 and intended to accommodate moderate-density residential development, either as single-family attached or detached dwellings on each lot. The large Victorian home is adjacent to a similarly sized parcel that is ready for development. The properties will be sold as a package for a price...OPEN HOUSE 1:00 - 3:00 p.m. December 15, 2024. What a great investment opportunity near downtown Raleigh, one of the fastest growing cities in the Southeast. 310 (MLS# 10064429) and 316 E. South Street are zoned R-10 and intended to accommodate moderate-density residential development, either as single-family attached or detached dwellings on each lot. The large Victorian home is adjacent to a similarly sized parcel that is ready for development. The properties will be sold as a package for a price of $2.5M. The property is within a short distance to Shaw University, Martin Marietta Center for the Performing Arts and downtown Raleigh. Easy access to I-40. The 2 story home, located close to downtown Raleigh, the Martin Marietta Center for the Performing Arts and Shaw University, is a great investment opportunity and ready for renovations. Enjoy time on the rear deck and view of the rock garden. Property being sold 'as is.' Seller will make no repairs.
  1. Listed by Tama Bouncer • Agent Group Realty

Property Details for 316 East South Street

View
Yes
Showings Expected to Begin
12-01-2024
Subdivision
Not in a Subdivision
LISTING UPDATED: 12/16/2024 03:25 AM

Property Details for 316 East South Street

StatusActive
MLS #10061415
Days on Market47
Taxes$4,245 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1907
Lot Size0.14 AC / 6,098 SF
CountyWake County

Building Information for 316 East South Street

Stories2Year Built1907Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 316 East South Street

Summary
Location and General Information
  • Zoning: R-10
  • Directions: Martin Luther King, Jr. Blvd towards downtown; R onto S. Bloodworth St.; L onto E. South St; property is on the left
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.771747
  • Longitude: -78.634757
  • Road Frontage Type: City Street
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $4,245.25
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 33
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: No
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Joyner
  • Middle Or Junior School: Wake - Moore Square Museum
  • High School: Wake - Broughton
Parking
  • Open Parking: Yes
  • Parking Features: Off Street, On Street
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 2310.0
  • Architectural Style: Victorian
  • Total Other Area Sq Ft: 0
  • Other Structures: Shed(s)
  • Parcel Number: 1703.51863051 0059988
  • Structure Type: Site Built
  • Enhanced Accessible: No
  • Power Production YN: No
  • Primary Residence YN: Yes
Property and Assessments
  • New Construction: No
  • Photos Count: 9
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Sidewalks, Street Lights
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Water Available, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Water Available, Water Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Accessible Approach with Ramp
  • Construction Materials: Vinyl Siding
  • Fencing: Fenced
  • Foundation Details: Permanent
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Vinyl Siding, Site Built
Interior Features
  • Levels: Two
  • Stories: 2
  • Basement Description: Crawl Space
  • Flooring: Vinyl, Wood
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Central, Natural Gas
  • Heating?: Yes
  • Appliances: Electric Range, Free-Standing Refrigerator, Water Heater
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Interior Features: Eat-in Kitchen
  • Spa: No
  • Equipment Appliances: Electric Range, Free-Standing Refrigerator, Water Heater
  • Interior: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Water Available, Water Connected, Off Street, On Street, Vinyl Siding, Electric Dryer Hookup, Washer Hookup
  • Equipment: Electric Range, Free-Standing Refrigerator, Water Heater, Electric Dryer Hookup, Washer Hookup, Off Street, On Street
Room Information
Room Information
  • Rooms Total: 11.0
Room 1
  • Room Level: Second
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Second
  • Room Type: Bedroom 2
Room 3
  • Room Level: Lower
  • Room Type: Bedroom 3
Room 4
  • Room Level: Main
  • Room Type: Living Room
Room 5
  • Room Level: Main
  • Room Type: Family Room
Room 6
  • Room Level: Main
  • Room Type: Laundry
Room 7
  • Room Level: Main
  • Room Type: Kitchen
Room 8
  • Room Level: Main
  • Room Type: Primary Bathroom
Room 9
  • Room Level: Second
  • Room Type: Bathroom 2
Room 10
  • Room Level: Main
  • Room Type: Laundry
Room 11
  • Room Level: Main
  • Room Type: Other
Agent
Sale and Listing
  • Property Class Name: CrossProperty

Property History for 316 East South Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 316 East South Street

Taxable ValueLand$325,000Additions$161,501Total$486,501
Tax Record2024$4,245 ($354 / month)
Home Facts
Baths2Total Finished SqFt2,310 SqFtAbove Grade Finished SqFt2,310 SqFtStories2Lot Size6,098 SqFtStyleSingle Family ResidenceYear Built1907Year Renovated1970ZoningR-10CountyWAKEAPN1703.51-86-3051 0059988

Schools near 316 East South Street

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 13
Rating
School
Distance
Joyner Elementary
PublicPK to 5

Moore Square Museum Magnet Mid
Public6 to 8

Needham Broughton High
Public9 to 12

Wake Young Men's Leadership Academy
Public6 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

316 East South Street is a single family home for sale in Raleigh, NC 27601. This property was listed for sale on November 1, 2024 by Agent Group Realty, it's currently listed at $1,400,000. This listing's school district is Wake County School District. Nearby schools include Joyner Elementary, Moore Square Museum Magnet Mid and Needham Broughton High. 316 East South Street is a 3-bed, 2-bath, 2,310 sqft single family home built in 1907.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Agent Group Realty

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.