1 year on rocket

3151 New Bern Ave, Raleigh, NC, 27610

$12,000,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #2538929
StatusActive

About 3151 New Bern Ave

This property has been rezoned by the City of Raleigh for CX-12-UG-CU (TOD). The zoning allows for a Residential Commercial mix development from 16 to 20 stories possible. Up to 928 units of condos, apartment and or hotel rooms. The City is underway for the first proposed BRT station at this location on New Bern Avenue. In addition to the 928 units, there is 70k square of office and 20k for commercial uses.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker HPW
  • Office Phone: (919) 467-1882
  • Listing Agent: J.W. W Shearin

Lot Features

Lot Information:

  • Lot: Sloped

Other

Directions Information:

  • Directions: From Hwy 440 and 64 business intersection turn right onto New Bern Ave heading west. The property is located across from Wake Hospital on the right side of New Bern Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,000,000

Tax Information:

  • Annual Amount: $11,482
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

Med. Sold Price

$442.3K

Med. Price/SqFt

$233

Avg. Days On Market

36

# of Sold Homes

467

3151 New Bern Ave vs Raleigh

392 DAYS ON ROCKET

+356 Days

$12,000,000

+$11.5M More

KEY TAKEAWAY

This property is $11.5M more than the Median Sold Price in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #2538929

Listing Office:

  • Office Name: Coldwell Banker HPW
  • Office Phone: (919) 467-1882
  • Listing Agent: J.W. W Shearin

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. 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.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$11,482$1,180,044
2020$11,271$1,180,044
2019$11,474$1,050,239
2018$10,926$1,050,239

History based on county public records data.

Payment Calculator

$59.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$36K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-270163
3
/10
  • Powell Magnet Elementary School

  • 1130 Marlborough Rd

  • 1.04 miles

  • Public Magnet Grades PK-5

school-card-donut-270164
6
/10
  • Poe Magnet Elementary School

  • 400 Peyton St

  • 1.53 miles

  • Public Magnet Grades PK-5

school-card-donut-270165
6
/10
  • Bugg Magnet Elementary School

  • 825 Cooper Rd

  • 1.61 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,308. The most common annual income of people living in Raleigh, NC is less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3151 New Bern Ave

What is the listing price of this property?

The listing price of 3151 New Bern Ave property is $12,000,000.

What type of property is this?

The property 3151 New Bern Ave is land located in Raleigh, North Carolina, 27610.

Is this property for sale now?

Active Listing: 3151 New Bern Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,482 (source: MLS/based on county public records data).
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Rocket HomesNorth CarolinaWake CountyRaleigh276103151 New Bern Ave

This home is located at 3151 New Bern Ave in Raleigh, NC and zip code 27610 in the Inside the Beltline neighborhood. It has been listed on Rocket Homes since October 25, 2023 and is currently priced at $12,000,000.

Raleigh, NC housing market in October 2024 saw over 94 listings sold above listed price, more than 103 sold at listed price and over 270 sold below. The number of homes for sale in Raleigh, NC increased by 2.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $442,333, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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