PENDING
$200K PRICE DROP
406 E Whitaker Mill Rd Raleigh, NC 27608
Five Points East NeighborhoodEstimated payment $5,388/month
Total Views
7,070
4
Beds
4
Baths
3,032
Sq Ft
$297
Price per Sq Ft
Highlights
- 0.32 Acre Lot
- Property is near public transit
- High Ceiling
- Underwood Magnet Elementary School Rated A
- Wood Flooring
- Quartz Countertops
About This Home
Versatile Living with Bonus ADU!!! Charming 1954 Bungalow with income potential in Raleigh's coveted inside-the-beltline location! Welcome to a rare opportunity in one of Raleighs's most sought-after neighborhoods. This classic bungalow in ideally situated on desirable Whitaker Mill Road, offering the perfect blend of timeless charm and modern updated. Set on an impressively deep lot, the main home boasts beautifully remodeled kitchens and bathrooms combining vintage character with today's functionality. In addition to the main residence features two income producing units discreetly attached at the rear--ideal for short or long term rentals, multigenerational living or a home office/ studio setup!
Whether you are an investor seeking a turnkey property in a prime location or a homeowner looking for supplemental income, this unique offering delivers versatility, location, and value. Enjoy walkable access to Five Points, parks, restaurants and all that Raleigh's inside-the-beltline lifestyle has to offer!
Use the ADU as a private rental unit for additional income, mother-in-law suite, nanny headquarters, A fully equipped remote office or creative studio!!!
Whether you are looking to generate revenue, accommodate extended family or build the perfect work from home setup this property adapts to you lifestyle with ease!!! All offers will be considered!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,279
Year Built
- Built in 1954
Lot Details
- 0.32 Acre Lot
- North Facing Home
- Back Yard
Parking
- 1 Car Garage
- 3 Open Parking Spaces
Home Design
- Bungalow
- Brick or Stone Mason
- Stone Foundation
- Asphalt Roof
- Vinyl Siding
- Stone
Interior Spaces
- 3,032 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- French Doors
- Family Room
- Living Room
- Breakfast Room
- Dining Room
Kitchen
- Free-Standing Gas Range
- Free-Standing Range
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Quartz Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- 4 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Stacked Washer and Dryer
Home Security
- Smart Thermostat
- Fire and Smoke Detector
Outdoor Features
- Patio
- Porch
Location
- Property is near public transit
Schools
- Wake County Schools Elementary And Middle School
- Broughton High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Heat Pump System
- Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Georgetown Subdivision
Listing and Financial Details
- Assessor Parcel Number 1704880818
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,279 | $716,051 | $544,500 | $171,551 |
| 2023 | $5,682 | $515,800 | $322,575 | $193,225 |
| 2022 | $5,282 | $515,800 | $322,575 | $193,225 |
| 2021 | $5,079 | $515,800 | $322,575 | $193,225 |
| 2020 | $4,987 | $515,800 | $322,575 | $193,225 |
| 2019 | $4,493 | $382,541 | $202,400 | $180,141 |
| 2018 | $4,240 | $382,541 | $202,400 | $180,141 |
| 2017 | $4,040 | $382,541 | $202,400 | $180,141 |
| 2016 | $3,957 | $382,541 | $202,400 | $180,141 |
| 2015 | $4,701 | $448,181 | $243,960 | $204,221 |
| 2014 | -- | $448,181 | $243,960 | $204,221 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2025 08/30/25 | Pending | -- | -- | -- |
| 08/26/2025 08/26/25 | Price Changed | $899,900 | -5.3% | $297 / Sq Ft |
| 07/24/2025 07/24/25 | Price Changed | $950,000 | -5.0% | $313 / Sq Ft |
| 07/07/2025 07/07/25 | Price Changed | $999,900 | -9.1% | $330 / Sq Ft |
| 06/24/2025 06/24/25 | For Sale | $1,100,000 | -- | $363 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $88,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $205,000 | New Conventional | |
| Closed | $47,400 | Credit Line Revolving | |
| Closed | $212,000 | Unknown | |
| Closed | $156,000 | Unknown | |
| Closed | $15,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Raleigh, NC
Source: Doorify MLS
MLS Number: 10105327
APN: 1704.08-88-0818-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. 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. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
Nearby Homes
- 1610 Carson St
- 208 E Whitaker Mill Rd
- 204 E Whitaker Mill Rd
- 540 Ledbetter Ct
- 1704 Center Rd
- 106 E Whitaker Mill Rd Unit A
- 1523 1/2 Sunrise Ave
- 1610 Draper View Loop Unit 101
- 1523 Sunrise Ave
- 1521 1/2 Sunrise Ave
- 1521 Havenmont Ct
- 1521 Sunrise Ave
- 1523 Havenmont Ct
- 1525 Havenmont Ct
- 1533 Urban Trace Ln
- 1527 Havenmont Ct
- 1807 Ridley St
- 1813 Ridley St
- 604 Mills St
- 1520 Hanover St