3506 Bellevue Road
Raleigh, NC 27609
- – beds
- – baths
- – sqft
- 10,018 sqft lot
- – on site
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This lot with an existing home is in an outstanding area for single family living and presents a great investing opportunity, not only for traditional investors but the average homeowner. Located "Inside the Beltline" within a 5-10 minute walk to "Midtown", one of Raleigh's fastest growing corporate/leisure/business/shopping centers that has already lead Raleigh's historical growth in homeowner value over the past 15 years. In my opinion as A 25+ year Real Estate Appraiser that has lived in this market all my life, The city of Raleigh has planned over 4 billion in investments for Downtown and Midtown over the next 2 years, coupled with the beautiful architectural plans for the expansion of Midtown by the original developer, Kane Realty. The value of homes and land in this market surrounding Midtown will likely enter a parabolic move upwards lasting over the next several years. R-4 zoning requirements allow 38% of the lot to be impervious. This can support a 3-4 level home up to approximately 9500 square feet. The best ROI for this property is building a modern home on the lot.
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Last updated Apr 24, 2024
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MLS# 2485357 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/11/23
Jul 11, 2023
|
TMLS | $512,000 | -6.9% | |
|
6/14/23
Jun 14, 2023
|
TMLS | $549,900 | ||
|
5/10/23
May 10, 2023
|
TMLS | $549,900 |