5 months on rocket

503 Grovemont Rd, Raleigh, NC, 27603

$100,000

1.38 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #10041565
Lot Size1.38 Acres
StatusActive

About 503 Grovemont Rd

Don't miss your opportunity to own Raleigh real estate!!! This huge lot is VERY close to schools, and would make a BEAUTIFUL investment, with lots of potential! Come and see it today!

Property Details

Property Features

Listing Office:

  • Office Name: Better Brokers Realty
  • Office Phone: (919) 801-7317
  • Listing Agent: Freddie G Joseph

Lot Features

Lot Information:

  • Lot Size: 1.38 Acres

Other

Directions Information:

  • Directions: From 401 turn onto Old Stage road, then left onto Grovemont, lot is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $100,000

Tax Information:

  • Annual Amount: $74
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$448.4K

Med. Price/SqFt

$234

Avg. Days On Market

42

# of Sold Homes

425

503 Grovemont Rd vs Raleigh

154 DAYS ON ROCKET

+112 Days

$100,000

-$348.4K Less

KEY TAKEAWAY

This property is $348.4K less 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: #10041565

Listing Office:

  • Office Name: Better Brokers Realty
  • Office Phone: (919) 801-7317
  • Listing Agent: Freddie G Joseph

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: 12/18/2024, 6:21:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 05, 2004Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2021$74$10,560
2020$72$10,560
2019$49$6,600
2018$47$6,600

History based on county public records data.

Payment Calculator

$567

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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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-4414249
4
/10
  • Smith Magnet Elementary School

  • 1101 Maxwell Dr

  • 0.38 miles

  • Public Magnet Grades PK-5

school-card-donut-4414250
5
/10
  • Fuller Magnet Elementary School

  • 2600 Timber Dr

  • 0.72 miles

  • Public Magnet Grades PK-5

school-card-donut-4414251
5
/10
  • Vandora Springs Elementary School

  • 1300 Vandora Springs Rd

  • 1.29 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,200. Most Raleigh, NC residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 Grovemont Rd

What is the listing price of this property?

The listing price of 503 Grovemont Rd property is $100,000.

What type of property is this?

The property 503 Grovemont Rd is land located in Raleigh, North Carolina, 27603.

Is this property for sale now?

Active Listing: 503 Grovemont Rd 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 $74 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 5, 2004 for $20,000. (source: MLS/tax record).

How much acreage is this property?

The property 503 Grovemont Rd is 1.38 acres.
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Rocket HomesNorth CarolinaWake CountyRaleigh27603503 Grovemont Rd

This home is located at 503 Grovemont Rd in Raleigh, NC and zip code 27603 in the Homemont neighborhood. This home sits on a 1.38 acre lot. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $100,000.

In November 2024 more than 67 listings in Raleigh, NC were sold above the asking price. During the same period more than 101 listings were sold at asking price, while more than 257 were sold below. Between October 2024 and November 2024, Raleigh, NC real estate market has seen decrease in the number of listings by 9.7%. Listings spent 42 days on the market in November 2024, and had a median list price of $448,424 during the same period.

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

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