
406 E Whitaker Mill Rd Raleigh, NC 27608
Five Points East NeighborhoodEstimated payment $6,061/month
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!!!
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
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
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 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Deed | $88,000 | -- |
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 |
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Source: Doorify MLS
MLS Number: 10105327

APN: 1704.08-88-0818-000
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