Prime Residential Development Opportunity! 2.5 acres currently zoned R-6, inside the beltline and within the transit overlay district. Minutes away from Wake Medial Hospital, 440 and Downtown Raleigh. Public water and sewer are available. Development of as many as 32 townhouses is possible on this site. Currently there are 2 rented houses on the property; however, the true value is in the land for future development with higher density. Bring your builder/developer to this great opportunity to address the demand for housing in the Raleigh area.
Property Details
Property Features
Listing Office:
Office Name: Compass -- Raleigh
Office Phone: (919) 726-6548
Listing Agent: Brent Henson
Lot Features
Lot Information:
Lot Size: 2.50 Acres
Other
Directions Information:
Directions: New Bern Ave to Sunnybrook
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
Tax Information:
Annual Amount: $1,294
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Raleigh, NC.
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: 11/15/2024, 9:20:56 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
DATE
EVENT
PRICE
Jul 09, 2019
Jul 09, 2019Home Sold
$383,000
Jan 31, 2014
Jan 31, 2014Home Sold
$250,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,294
$130,967
2020
$1,270
$130,967
2019
$3,005
$271,385
2018
$2,863
$271,385
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,564
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Bugg Magnet Elementary School
825 Cooper Rd
Distance between this listing and this school0.26 miles
Public Magnet Grades PK-5
6
/10
Poe Magnet Elementary School
400 Peyton St
Distance between this listing and this school1.35 miles
Public Magnet Grades PK-5
6
/10
Walnut Creek Elementary School
2600 Sunnybrook Rd
Distance between this listing and this school1.57 miles
Public District Grades PK-5
Nearby Schools
6
/10
Preeminent Charter
3815 Rock Quarry Rd
Distance between this listing and this school1.49 miles
Public Charter Grades KG-8
1
/10
River Oaks Middle School
4700 New Bern Ave
Distance between this listing and this school2.45 miles
Public District Grades 6-8
4
/10
Ligon Magnet Middle School
706 E Lenoir St
Distance between this listing and this school2.47 miles
Public Magnet Grades 6-8
Nearby Schools
10
/10
Wake Early College of Health and Science
2901 Holston Ln
Distance between this listing and this school1.17 miles
Public District Grades 9-12
8
/10
Enloe Magnet High School
128 Clarendon Cres
Distance between this listing and this school1.69 miles
Public Magnet Grades 9-12
2
/10
Central Wake High School
1425 Rock Quarry Rd
Distance between this listing and this school1.73 miles
The neighbors living near this home have an average income of $48,446. Residents of Raleigh, NC typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 655 Sunnybrook Rd
What is the listing price of this property?
The listing price of 655 Sunnybrook Rd property is $1,500,000.
What type of property is this?
The property 655 Sunnybrook Rd is land located in Raleigh, North Carolina, 27610.
Is this property for sale now?
Active Listing: 655 Sunnybrook 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 $1,294 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 9, 2019 for $383,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 655 Sunnybrook Rd in Raleigh, NC and zip code 27610 in the Inside the Beltline neighborhood. This home sits on a 2.50 acre lot. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $1,500,000.
Over 94 listings were sold over their listed price in October 2024 in Raleigh, NC. In the same period over 270 listings were sold below the listed price and 103 listings were sold for the listed price. 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.