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4701 Morehead Dr, Raleigh, NC, 27612

$1,100,000

1.68 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #10015395
Lot Size1.68 Acres
StatusActive

About 4701 Morehead Dr

Great Location for land purchase. 1.68 acres. Right off of Glenwood Ave. House on property but will probably need to be removed/tore down. Great investment potential. Property currently zoned R-4. See attached conceptuals. All would require approval for adjustments to zoning and UDO.

Property Details

Property Features

Listing Office:

  • Office Name: Spencer Properties
  • Office Phone: (919) 809-8280
  • Listing Agent: Jennifer W Spencer, Michael Rolando

Exterior Features

Exterior Information:

  • Exterior: None

Lot Features

Lot Information:

  • Lot Size: 1.68 Acres

School Info

Assigned Schools Information:

  • Sanderson High School, Public District Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • Daniels Middle School, Public District Grades 6-8
  • York Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From I540W, Take exit 9 for NC-50 toward Raleigh/Creedmoor. Turn left onto NC-50 S/Creedmoor Rd.Turn right onto US-70 W/Glenwood Ave. Turn R onto Morehead Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $5,413
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$425K

Med. Price/SqFt

$229

Avg. Days On Market

78

# of Sold Homes

507

4701 Morehead Dr vs Raleigh

53 DAYS ON ROCKET

-25 Days

$1,100,000

+$674.9K More

KEY TAKEAWAY

This property is $674.9K 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: #10015395

Listing Office:

  • Office Name: Spencer Properties
  • Office Phone: (919) 809-8280
  • Listing Agent: Jennifer W Spencer, Michael Rolando

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. 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: 4/28/2024, 5:20:22 PM 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$5,413$554,217
2020$5,313$554,217
2019$5,399$492,387
2018$5,142$492,387

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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.

Elementary School

school-card-donut-2449538
6
/10
  • York Elementary School

  • 5201 Brookhaven Dr

  • 0.47 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2449539
6
/10
  • Daniels Middle School

  • 2816 Oberlin Rd

  • 2.83 miles

  • Public District Grades 6-8

High School

school-card-donut-2449540
4
/10
  • Sanderson High School

  • 5500 Dixon Dr

  • 2.51 miles

  • Public District Grades 9-12

school-card-donut-2449541
10
/10
  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 7.12 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,331. The most common annual income of people living in Raleigh, NC is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4701 Morehead Dr

What is the listing price of this property?

The listing price of 4701 Morehead Dr property is $1,100,000.

What type of property is this?

The property 4701 Morehead Dr is land located in Raleigh, North Carolina, 27612.

Is this property for sale now?

Active Listing: 4701 Morehead Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4701 Morehead Dr are:
York Elementary School: GreatSchools Rating 6/10
Daniels Middle School: GreatSchools Rating 6/10
Sanderson High School: GreatSchools Rating 4/10
Wake Early College of Health and Science: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,413 (source: MLS/based on county public records data).

How much acreage is this property?

The property 4701 Morehead Dr is 1.68 acres.
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Rocket HomesNorth CarolinaWake CountyRaleigh276124701 Morehead Dr

This home is located at 4701 Morehead Dr in Raleigh, NC and zip code 27612 in the Northwest Raleigh neighborhood. This home sits on a 1.68 acre lot. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $1,100,000.

Raleigh, NC housing market in March 2024 saw over 149 listings sold above listed price, more than 130 sold at listed price and over 228 sold below. The number of listings in Raleigh, NC increased by 4.6% between February 2024 and March 2024. In March 2024, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $425,075.

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

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