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Title: [WTS] Selling ~1.5 acres vacant, buildable land in North Carolina, USA Post by: jgarzik on March 20, 2013, 05:37:44 AM Build your dream cabin near the river! Asking $28,000, or the equivalent in bitcoins (~55 BTC as of this writing) for vacant land in Wake County, North Carolina totalling approximately 1.5 acres.
Lot #11 is full of young pine trees. Used to be a garden, 40 years ago. This lot is less than 0.5 mi to the Neuse River, and has only a slight slope. Utilities available: electricity, cable TV, Internet, phone, water (well), septic tank. Nearby: Walking distance to Neuse River, Wil-Mar golf course. Short drive to Knightdale or Raleigh. Easy access to I-540 highway, which takes you straight to the airport. Pictures: http://gtf.org/garzik/holly-lake/ Map/GPS addresses: 3329 Holly Lake Trail, Raleigh, NC 27604 Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: Evan on March 20, 2013, 08:06:24 PM Bump. (next bump if something changes, or a week+ from now) Title report? Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: jgarzik on March 20, 2013, 09:32:19 PM Bump. (next bump if something changes, or a week+ from now) Title report? Summary: Clean title w/ title insurance obtained when I purchased these lots. Currently there is one associated lien, the mortgage on the collective two lots (one debt, two lots). Can furnish more details to serious inquirers. Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: notig on March 21, 2013, 05:13:09 AM Bump. (next bump if something changes, or a week+ from now) Title report? Summary: Clean title w/ title insurance obtained when I purchased these lots. Currently there is one associated lien, the mortgage on the collective two lots (one debt, two lots). Can furnish more details to serious inquirers. you've been in bitcoin for years don't you have a crapload already ? Lol :P Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: jgarzik on March 21, 2013, 05:26:39 AM you've been in bitcoin for years don't you have a crapload already ? Lol :P Under 200 bitcoins currently. I spend mine, and have given away over 15,000 BTC in years past as developer bounties. This land sale is another example of same: you create a bitcoin economy when you buy and sell with bitcoins. Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: notig on March 21, 2013, 05:43:59 AM i've only been involved a couple months but I spent 9 ! . Ideally I would like my paychecks to get automatically converted into bitcoins. Then I would pay everything with them if I could. If it were possible.
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: jgarzik on March 21, 2013, 09:21:29 PM Some info about the area: http://en.wikipedia.org/wiki/Wake_County,_North_Carolina http://www.visitraleigh.com/ Wake County is a growing area, a good real estate investment according to some: http://www.newsobserver.com/2013/02/23/2702528/california-billionaire-bets-on.html Wake County was one of the areas relatively untouched by the subprime mortgage crisis, and its population continues to grow. Only ~3 hours to the Atlantic Ocean, by car. Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: tkbx on March 22, 2013, 04:08:13 AM Only 1166 bitcoins? Hmm, I've probably got that laying around somewhere...
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: jgarzik on March 22, 2013, 04:19:34 AM Only 1166 bitcoins? Hmm, I've probably got that laying around somewhere... Due to bitcoin's value volatility, the purchase price is indexed to the US Dollar, and would be converted a couple days before closing/settlement. So at present market price, $70,000 is more like 953 BTC :) Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: dmus on March 22, 2013, 07:10:26 PM How much are property taxes?
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: TheButterZone on March 22, 2013, 07:32:32 PM How much are property taxes? .5340 for Wake County http://www.dor.state.nc.us/publications/2012-13_countytaxrates.pdf Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: jgarzik on March 22, 2013, 08:12:54 PM Answering some questions left by a private inquirer:
Q. Does this include permission to build on the vacant land? (Apparently in some countries the right-to-build may be separate) A. In Wake County/NC/USA, a construction permit (http://en.wikipedia.org/wiki/Construction_permit) is required. The purpose of the permit is an engineering evaluation, to ensure you are building a safe building. As long as your submitted engineering plans conform to local building codes, you may build as you like, when you like. Q. Are foreigners permitted to purchase this land? Are corporations permitted to purchase? A. Yes and yes. The county's Register Of Deeds will require a name and mailing address for public records and property taxes. Property taxes must be paid in USD, not BTC. Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: jgarzik on March 22, 2013, 08:19:17 PM How much are property taxes? .5340 for Wake County http://www.dor.state.nc.us/publications/2012-13_countytaxrates.pdf For the purposes of property tax calculation, these are the assessed values, according to Wake County: Lot #5: $67,146 (paid $412 for property taxes in current tax year) Lot #11: $58,900 (paid $361 for property taxes in current tax year) The tax values are above listing price, and in my opinion, are over-valued. The property values are re-assessed every few years, but you can always go through a months-long appeals process to "short circuit" that. Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: jgarzik on March 27, 2013, 08:57:57 PM It has come to my attention that Lot #11 was mispriced, and is actually being sold below cost. The new price for Lot #11 is $33,000 (or bitcoin equivalent). The other prices are unchanged. Snapshot, based on $87.99 current price: Both lots ($70,000): 795 BTC Lot #5 alone ($45,000): 511 BTC Lot #11 alone ($33,000): 375 BTC Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: Fiyasko on March 27, 2013, 09:09:06 PM Oh this is cool!, I would Love to see Land purchased with bitcoins!, purchasing land is a great feat for anyone!
I can see it now in the online headlines "Man buys acres of land using bitcoins" and then up goes the value of coins! Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: TheButterZone on March 27, 2013, 09:11:31 PM It has come to my attention that Lot #11 was mispriced, and is actually being sold below cost. The new price for Lot #11 is $33,000 (or bitcoin equivalent). The other prices are unchanged. Snapshot, based on $87.99 current price: Both lots ($70,000): 795 BTC Lot #5 alone ($45,000): 511 BTC Lot #11 alone ($33,000): 375 BTC $70k= http://btcticker.appspot.com/mtgox/70000usd.png $45k= http://btcticker.appspot.com/mtgox/45000usd.png $33k= http://btcticker.appspot.com/mtgox/33000usd.png for information only Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: Qoheleth on March 27, 2013, 10:27:08 PM Unfortunately, North Carolina is a bit far afield for me.
But best of luck to you! Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: WinVery.com on March 27, 2013, 10:31:58 PM Good initiative, good luck.
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: homeyhomedawg on April 09, 2013, 05:30:45 AM lol, what a small world, I live in wake county
My dad owns 4 houses in wake county and if you provided more information I'm sure he would look into this Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: jgarzik on April 09, 2013, 06:11:31 AM lol, what a small world, I live in wake county My dad owns 4 houses in wake county and if you provided more information I'm sure he would look into this Send a PM, and I'll be happy to provide any additional information needed. Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: AndrewK on May 04, 2013, 04:08:07 PM Quote only 3hours from atlantic I make the drive from Durham to Wilmington in 2 hours flat... When it gets to 20 btc for both get back to me and I'll buy both :) Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: ironcross360 on May 04, 2013, 06:30:24 PM will you owner finance? if I pay cash?
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: jgarzik on May 04, 2013, 07:07:20 PM will you owner finance? if I pay cash? Sorry, no. Maybe someone else on the forum will finance... Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: sublime5447 on September 09, 2013, 07:52:48 PM I was raised in Raleigh and will be moving back there after my lease runs up. My dad lives off highway 98 right off of falls lake and I would like to live in that area.
Basically you want 30 k for 1.65 acres right? How exactly do i get there? I will be in Raleigh soon and would like to drive by. Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: monbux on September 09, 2013, 08:14:43 PM Do you have any pictures of the land?
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: jgarzik on September 10, 2013, 12:08:09 PM I was raised in Raleigh and will be moving back there after my lease runs up. My dad lives off highway 98 right off of falls lake and I would like to live in that area. Basically you want 30 k for 1.65 acres right? Smaller lot: $33k for 1.50 acres, uncleared Larger lot: $45k for 1.69 acres, partially cleared w/ home site + septic + well Quote How exactly do i get there? I will be in Raleigh soon and would like to drive by. PM sent. Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: jgarzik on September 10, 2013, 12:08:26 PM Do you have any pictures of the land? Yes. PM sent. Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: sublime5447 on September 10, 2013, 03:47:32 PM I go right down 540 when i go to raleigh.. I will stop by and take a look at it.
What is up with the retention pond? is that sewage does it stink? * edit I see that the google maps picture was taken a couple years back during the drought.. It kinda looked like a sewage pond, but now i see it is just a regular pond. Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: balanghai on September 10, 2013, 03:55:20 PM If this is bought by BTC this I think is the biggest "something for nothing deal" ever (according to a typical generalist who doesn't value BTC)
Come to think of that! :o Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. Post by: jgarzik on September 10, 2013, 05:32:47 PM I go right down 540 when i go to raleigh.. I will stop by and take a look at it. Yes, it is very convenient to I-540. Quote What is up with the retention pond? is that sewage does it stink? * edit I see that the google maps picture was taken a couple years back during the drought.. It kinda looked like a sewage pond, but now i see it is just a regular pond. As you discovered, it is a normal pond, not sewage. Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: jgarzik on September 10, 2013, 05:40:46 PM reddit link: http://www.reddit.com/r/BitMarket/comments/1m48ax/wts_huge_tracts_of_land_ok_33_acres_in_north/
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: Mushroomized on October 21, 2013, 06:42:37 PM this is a serious question
would you sell very small amounts of this land? like a few square yards Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: Peter Lambert on October 21, 2013, 06:52:51 PM this is a serious question would you sell very small amounts of this land? like a few square yards More importantly, do local regulations allow such sales? Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: krach on October 21, 2013, 07:30:57 PM I would be into buying enough land to put up a tent ;D
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: Mushroomized on October 21, 2013, 10:38:41 PM i need to purchas a small amount of land for an event i might be hosting soon (https://bitcointalk.org/index.php?topic=313210.msg3382890#msg3382890)
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: jgarzik on October 22, 2013, 02:33:09 AM this is a serious question would you sell very small amounts of this land? like a few square yards No, sorry. Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: AndrewWilliams on November 20, 2013, 07:26:13 PM If anyone needs me to run a preliminary title report, I can do so free of charge.
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: AndrewK on November 30, 2013, 04:14:29 PM My offer of 20btc still open... Otherwise I'll just wait. ;)
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: jgarzik on November 30, 2013, 04:26:25 PM Well, 27 BTC will get you one of the lots, at current prices... :)
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: AndrewK on December 15, 2013, 03:52:24 AM How much to get my name on the side of one of those bitcoin satellites? :)
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: dank on December 15, 2013, 04:31:30 AM I want.
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: Mushroomized on December 25, 2013, 02:02:08 AM Bump. Currently ~100 BTC for both lots. can we do a groupbuyi want like 1 sq yard Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: nitehawk on December 25, 2013, 10:45:50 PM I'm in the for the holidays if you like I can drive by and take pics
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: jgarzik on December 27, 2013, 06:54:59 PM I'm in the for the holidays if you like I can drive by and take pics You're more than welcome to! PM me for address. Bump. Currently ~100 BTC for both lots. can we do a groupbuyi want like 1 sq yard If you can find a group leader who organizes the group buy, sure. I need one payment, the standard for real estate transactions. What your group does with the lots after that is up to you. Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: avbforlife on January 14, 2014, 03:20:29 AM Are the lots discreet enough to grow marijuana?
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: AndrewK on January 14, 2014, 03:29:58 AM It is residential.... I'm gonna go with no. Plus you'd be better off moving to Colorado if that were your intention.
Jeez I really want these lots... Just 1 more 200% gain in the price of BTC... then they are mine! Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: jgarzik on February 01, 2014, 03:01:11 PM Bump... Currently under 75 BTC for both lots.
It is residential.... I'm gonna go with no. Plus you'd be better off moving to Colorado if that were your intention. Jeez I really want these lots... Just 1 more 200% gain in the price of BTC... then they are mine! It is zoned residential, yes. The property is "out in the county" There are many houses nearby, but it is not in a neighborhood with one house right next to another. All the lots in this area are large, so houses tend to be over 200' apart from each other. Some homes are manufactured homes (mobile homes), rather than site-built single-family homes. I was planning to build one house on each lot, before I had to move away. Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: jgarzik on February 03, 2014, 04:23:30 AM Asking $68,000, or the equivalent in bitcoins (~71 BTC as of this writing) for two lots of vacant land in Wake County, North Carolina totalling 3.2 acres. Lot #5 is partially cleared, zoned for manufactured home, 1.69 acres. Has dormant septic and well. Asking $42,000 (or BTC equivalent) if purchased alone. Lot #11 is not cleared, full of young pine trees, 1.50 acres. Asking $30,000 (or BTC equivalent) if purchased alone. New pictures: http://gtf.org/garzik/holly-lake/ All prices reduced, by several thousand dollars. See OP (quoted). $68k= http://btcticker.appspot.com/mtgox/68000usd.png $42k= http://btcticker.appspot.com/mtgox/42000usd.png $30k= http://btcticker.appspot.com/mtgox/30000usd.png Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: jgarzik on February 03, 2014, 05:11:17 AM Added pictures, GPS/map address and utilities information to OP.
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: jgarzik on February 26, 2014, 04:20:09 AM Here's an ad from the local paper: http://www.newsobserver.com/adperfect/ad/2524133
Title: Re: [WTS] HUGE tracts of land! OK, 3.3 acres in North Carolina, at least. Post by: jgarzik on March 28, 2014, 10:38:54 PM Bump.
Title: Re: [WTS] Selling ~3.2 acres vacant, buildable land in North Carolina, USA Post by: jgarzik on April 12, 2014, 10:53:20 PM Lot #5 is under contract (alas, not for bitcoin).
Lot #11 is still available. Title: Re: [WTS] Selling ~3.2 acres vacant, buildable land in North Carolina, USA Post by: arruah on April 13, 2014, 05:46:03 AM I want to tell you that you have in the U.S. is very expensive land :)
Title: Re: [WTS] Selling ~3.2 acres vacant, buildable land in North Carolina, USA Post by: purenewfoundlander on April 13, 2014, 11:47:42 PM Do you have any pictures of these properties. The link below is not working anymore
Title: Re: [WTS] Selling ~3.2 acres vacant, buildable land in North Carolina, USA Post by: jgarzik on April 14, 2014, 03:55:49 AM Do you have any pictures of these properties. The link below is not working anymore The link in the OP is working: Pictures: http://gtf.org/garzik/holly-lake/ Title: Re: [WTS] Selling ~1.5 acres vacant, buildable land in North Carolina, USA Post by: jgarzik on August 30, 2014, 01:54:23 PM Bump. Lot #11 contract fell through (buyer couldn't get money together), so it is back on the market.
Price reduced! Title: Re: [WTS] Selling ~1.5 acres vacant, buildable land in North Carolina, USA Post by: pandacoin on August 30, 2014, 04:35:53 PM It looks like Bitcoinland is the only place you lose money (Bitcoin) from real estate in time.
Both lots ($70,000): 795 BTC Lot #5 alone ($45,000): 511 BTC Lot #11 alone ($33,000): 375 BTC Title: Re: [WTS] Selling ~1.5 acres vacant, buildable land in North Carolina, USA Post by: jgarzik on August 30, 2014, 04:51:17 PM Not sure I understand the comment.
The lots are priced in USD. The bitcoin price for the lots therefore continues to fall, which benefits the buyer without causing any bitcoin-related loss for the seller. The USD price was reduced, but that has nothing to do with "Bitcoinland." The OTP for Lot #11 that fell through was a local (USD) buyer totally unaware of bitcoin's existence. Lot #5 was sold to a local buyer. Title: Re: [WTS] Selling ~1.5 acres vacant, buildable land in North Carolina, USA Post by: jgarzik on January 09, 2015, 03:31:16 PM All lots have been sold.
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