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Backup Offers

7308 Lead Mine Rd, Raleigh, NC, 27615

$350,000

Home List Price

$4,156*

Closing Credit

3 Bedrooms
1 Full Bath
1,015 SqFt
$345/SqFt
House
Schools Nearby

Location

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7308 Lead Mine Rd, Raleigh$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1941
ViewTrees/Woods
MLS #10005463
Lot Size0.79 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 7308 Lead Mine Rd

Property is now OPEN to UPSET BIDS - starts 1/19/24. Ten Day period @ the Wake County Courthouse - Clerk of Court. Rare & Unique opportunity for investment and future development! Bring your own developer/builder and let your investment juices flow! Ideally located in north Raleigh in a highly desirable area. Home on the property is livable yet needs work, otherwise potential for razing the home for new development. The property is being sold As-Is. No known or confirmed future development approval, City of Raleigh to approve any and all.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Cottage
  • Year Built: 1941
  • Living Area: 1,015 SqFt

Listing Office:

  • Office Name: Compass -- Raleigh
  • Office Phone: (919) 726-6548
  • Listing Agent: Renee K Smith

Interior Features

Interior Information:

  • Appliances: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Trees/Woods

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Cleared, Few Trees, Rectangular Lot
  • Lot Size: 0.79 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
  • Carroll Middle School, Public District Grades 6-8
  • Lynn Road Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $345/SqFt

Tax Information:

  • Annual Amount: $1,713
  • Tax Year: 2021
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Housing Market Comparison

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

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Raleigh, NC

City

Med. Sold Price

$425K

Med. Price/SqFt

$229

Avg. Days On Market

78

# of Sold Homes

507

7308 Lead Mine Rd vs Raleigh

108 DAYS ON ROCKET

+30 Days

$350,000

-$75K Less

$345/SqFt

+$116 More

KEY TAKEAWAY

This property is $75K less than the Median Sold Price and $116/SqFt more than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10005463

Listing Office:

  • Office Name: Compass -- Raleigh
  • Office Phone: (919) 726-6548
  • Listing Agent: Renee K Smith

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: 4/27/2024, 6:20:22 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$1,713$174,032
2020$1,682$174,032
2019$1,465$132,308
2018$1,396$132,308

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-1484194
4
/10

  • Lynn Road Elementary School

  • 1601 Lynn Rd

  • 0.76 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1484195
2
/10

  • Carroll Middle School

  • 4520 Six Forks Rd

  • 2.78 miles

  • Public District Grades 6-8

High School

school-card-donut-1484196
4
/10

  • Sanderson High School

  • 5500 Dixon Dr

  • 1.55 miles

  • Public District Grades 9-12

school-card-donut-1484197
10
/10

  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 7.85 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,413. The majority of Raleigh, NC residents have income between $35k-100k annually. Typical family type is 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 7308 Lead Mine Rd

What is the listing price of this property?

The listing price of 7308 Lead Mine Rd property is $350,000.

What type of property is this?

The property 7308 Lead Mine Rd is a house located in Raleigh, North Carolina, 27615.

Is this property for sale now?

Accepting Backup Offers: 7308 Lead Mine Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 7308 Lead Mine Rd are:
Lynn Road Elementary School: GreatSchools Rating 4/10
Carroll Middle School: GreatSchools Rating 2/10
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 $1,713 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7308 Lead Mine Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7308 Lead Mine Rd is 1,015 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7308 Lead Mine Rd is 1941.

Rocket Homes›North Carolina›Wake County›Raleigh›27615›7308 Lead Mine Rd

This home is located at 7308 Lead Mine Rd in Raleigh, NC and zip code 27615 in the North Raleigh neighborhood. This 1,015 square foot home, which was built in 1941, sits on a 0.79 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 10, 2024 and is currently priced at $350,000.

Over 149 listings were sold over their listed price in March 2024 in Raleigh, NC. In the same period over 228 listings were sold below the listed price and 130 listings were sold for the listed price. The inventory of homes for sale in Raleigh, NC between February 2024 and March 2024 increased by 4.6%. The median list price of listings available in March 2024 was $425,075, while the average time on the real estate market was 78 days.

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

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