627 Maywood Avenue

Raleigh, NC 27603

$475,000
Price
5,662 / 0.13
Lot Size / Acres

Description

Rare opportunity to purchase one or two multi-unit sites in one of the hottest development areas in Downtown Raleigh. 525 & 627 Maywood are available separately or as a package. Being nearly identical, there may be permitting and construction efficiencies if both lots are purchased together. Located on each corner of the charming Caraleigh Commons neighborhood in Downtown South, these lots are ready to build out and zoned for 4-6 condominiums. All site improvements and underground utilities are already...Rare opportunity to purchase one or two multi-unit sites in one of the hottest development areas in Downtown Raleigh. 525 & 627 Maywood are available separately or as a package. Being nearly identical, there may be permitting and construction efficiencies if both lots are purchased together. Located on each corner of the charming Caraleigh Commons neighborhood in Downtown South, these lots are ready to build out and zoned for 4-6 condominiums. All site improvements and underground utilities are already installed for 4 unit townhouse style condos. Potential exists for up-zoning for up to 12 condos each with skyline views or down zoned to 2 SFH lots each. The development includes a greenspace, a greenway connection and easy access to Dix Park, Farmers Market, and the upcoming Downtown South Development. Broker owned.
  1. Listed by Richard Johnson • Cityspace Management

Property Details for 627 Maywood Avenue

View
Downtown, Skyline
View
Yes
Subdivision
Caraleigh
LISTING UPDATED: 08/08/2024 08:18 PM

Property Details for 627 Maywood Avenue

StatusActive
MLS #10037313
Days on Market146
Taxes$2,940 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.13 AC
CountyWake County

Building Information for 627 Maywood Avenue

Lot Size0.13 AC

Property Information for 627 Maywood Avenue

Summary
Location and General Information
  • Directions: Turn from Lake Wheeler to Maywood by the Farmer's Market. Sites are across the street from Trophy Brewing
  • Subdivision Name: Caraleigh
  • Latitude: 35.760996
  • Longitude: -78.656715
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association: Yes
  • Total HOA Dues: $300.00
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $2,940.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 1
  • Restrictive Covenants YN: Yes
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Farmington Woods
  • Middle Or Junior School: Wake - Martin
  • High School: Wake - Broughton
Property
Lot Information
  • Lot Features: Curb/Gutter
  • Lot Size Dimensions: Site 1: 83 x 62
  • List PriceAcre: 3653846.15
  • Road Frontage Length: 141
Property and Assessments
  • Photos Count: 11
  • Possible Use: Residential, See Remarks
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Street Lights
  • Current Use: Vacant
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Septic Connected, Sewer Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Available, Electricity Connected, Natural Gas Connected, Septic Connected, Sewer Connected
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: Cable Available, Electricity Connected, Natural Gas Connected, Septic Connected, Sewer Connected
Agent
Sale and Listing
  • Property Class Name: CrossProperty

Property History for 627 Maywood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 627 Maywood Avenue

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 - 9 to 13
Rating
School
Distance
Farmington Woods Elementary
PublicPK to 5

Martin Middle
Public6 to 8

Needham Broughton High
Public9 to 12

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

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Similar Sold Homes

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627 Maywood Avenue is a 0.13 ac of land for sale in Raleigh, NC 27603. This property was listed for sale on June 21, 2024 by Cityspace Management, it's currently listed at $475,000. This listing's school district is Wake County School District. Nearby schools include Farmington Woods Elementary, Martin Middle and Needham Broughton High. 627 Maywood Avenue is a 0-bed, 0-bath, 0.13 ac of land on a 5,662 sq. ft. / 0.13 acres lot.

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 Cityspace Management

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