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Sold for $570,000 on 03/29/23
  • $570,000

    5112 Masota Rd, Raleigh, NC 27612

    3beds
    0baths
    2.05Acres
    VacantLand
    Built in 1985
    2.05 Acres Lot
    $-- Zestimate®
    $295/sqft
    $1,952 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,952/mo

    Zestimate® history
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    What's special

    Rare, private, ready-to-build land amidst nature but close to all Raleigh has to offer. Come see this secluded property on the edge of Umstead Park with 2-acres of beautiful trees, a clearing for your custom build, and breathtaking views of Turkey Creek. Lot features large crepe myrtle trees and 360-degree views of evergreen and deciduous trees. No city-taxes and just minutes from RDU, Wade Avenue, Glenwood Ave, and I-40. This property offers the best of both worlds - peaceful serenity and easy access to town. With only 5 other homes on Masota Road, you'll have plenty of privacy. Property is ready to build: previous home on the property has been demolished and all debris removed, including the old septic tank. Includes full architectural design and CAD drawings for a 3-bedroom, 3-bathroom home (3000+ sq ft) designed by SHM Architects in Austin and Structural Engineering Prelims from Engineering Tech Associates in Raleigh. Current owner downsizing with change in personal circumstances.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 0
    Heating
    • Forced air, Heat pump, Electric
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,933 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 2.05 Acres
    • Topography: Sloped
    • Residential vegetation: Hardwoods
    Details
    • Parcel number: 0786164797

    Utilities & green energy

    • Utilities for property: Electricity on Site

    Community & neighborhood

    Location
    • Region: Raleigh

    Other

    Other facts
    • Type: Vacant
    • Restrictive Covenants: Yes
    • Topography: Sloped
    • Vegetation: Hardwoods
    • Utilities: Electricity on Site
    • Water Supply: Well On Site
    • Road Frontage Description: Has Frontage
    • Road Description: Private Road Agreement
    • Sewer/Septic: 3 Br Max
    • Special Conditions: No Special Conditions
    • Subdivision: Masota

    Price history

    DateEventPrice
    3/29/2023Sold$570,000-23.9%$295/sqft
    Source: Public Record
    12/30/2022Price change$749,000-6.3%$387/sqft
    Source: Owner
    10/23/2022Listed for sale$799,000+92.5%$413/sqft
    Source: Owner
    5/1/2019Sold$415,000-5.7%$215/sqft
    Source: Public Record
    4/23/2019Pending sale$440,000$228/sqft
    Source: Re/Max United #2250266

    Public tax history

    YearProperty taxesTax assessment
    2025$1,599 +3%$250,000
    2024$1,553 -11.5%$250,000 +11.1%
    2023$1,754 +8%$225,000

    Find assessor info on the county website

    Neighborhood: Northwest Raleigh

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Pleasant Groves
    • Middle: Wake - Daniels
    • High: Wake - Broughton

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.