NOT LISTED FOR SALE

Estimated Value: $580,000 - $621,747

2 Beds
2 Baths
870 Sq Ft
$690/Sq Ft Est. Value

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Underwood Magnet Elementary School Rated A
  • Granite Countertops
  • Patio

About This Home

As of July 2024

Are you looking to be in Five Points, but can't afford to own your own home? Enter 406 Pershing Road. This updated, urban and uber-walkable Five Points bungalow is ready for you. A smart layout with 2 bed, 2 full baths and jaw-dropping backyard oasis. Adorned with a rocking chair front porch and a mega brick patio and verdant, fenced-in yard, this home boasts original hardwoods, tile floors, stainless steel appliances, granite counters, ensuite primary bath and walk-in closet, and more! Includes washer/dryer and 2 off-street parking spots. Only steps from Five Points restaurants and breweries including Ajja, Neuse River Brewing and Brasserie, Nicklepoint Brewing, and Bright Spot Donuts, plus mere moments away from favorite destinations in Five Points like Hayes Barton Cafe, Lola's Beach Bar, Raleigh Pilates and more!

Last Agent to Rent the Property

Jeremy Kaplan

Compass -- Raleigh License #305976 Listed on: 05/02/2024

Compass -- Raleigh

Last Renter's Agent

Jeremy Kaplan

Berkshire Hathaway HomeService License #305976

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 7,405

Interior Spaces

  • 870 Sq Ft Home
  • 1-Story Property
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $2,400
  • Property Available on 5/1/24
  • Tenant pays for electricity, gas, hot water, sewer, trash collection, water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

7,405 Sq Ft Lot

Rental Info

  • Tenant Pays: Electricity, Gas, Hot Water, Sewer, Trash Collection, Water
  • Lease Term: 12 Months
  • Available Date: 2024-05-01

Listing Details

  • Year Built: 1910
  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 870.0
  • Unit Levels: One
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Security Features Security System: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2024-05-01
  • Contract Information Security Deposit2: 2400.0
  • General Property Information Above Grade Finished Area: 870.0
  • Pets Allowed No2: Yes
  • General Property Information:Living Area3: 870.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Interior Amenities: Granite Counters
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances Range: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Off Street, On Street
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2019
Sold by
Bought by
Current Estimated Value
$600,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$229,227
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$370,960

Purchase Details

Closed on
Apr 5, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,683
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,050
Interest Rate
6.07%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 1, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,305
Interest Rate
6.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$379,500 None Available
$331,000 None Available
-- None Available
$182,000 None Available
$165,000 --
$105,000 --
$66,000 --
$146,000 --
$4,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $260,000
Previous Owner $301,683
Previous Owner $145,000
Previous Owner $152,000
Previous Owner $125,000
Previous Owner $125,000
Previous Owner $62,050
Previous Owner $142,305
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Rented $2,400 0.0% --
07/01/2024 07/01/24 Under Contract -- -- --
07/01/2024 07/01/24 For Rent $2,400 0.0% --
05/02/2024 05/02/24 For Rent $2,400 -- --
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,479 $511,328 $450,000 $61,328
2024 $4,461 $511,328 $450,000 $61,328
2023 $3,901 $356,044 $274,500 $81,544
2022 $3,625 $356,044 $274,500 $81,544
2021 $3,484 $356,044 $274,500 $81,544
2020 $3,421 $356,044 $274,500 $81,544
2019 $2,706 $231,744 $175,721 $56,023
2018 $2,552 $231,744 $175,721 $56,023
2017 $2,431 $231,744 $175,721 $56,023
2016 $2,381 $231,744 $175,721 $56,023
2015 $2,189 $209,436 $166,613 $42,823
2014 $2,076 $209,436 $166,613 $42,823
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10026716

Doorify MLS

APN: 1704.08-87-4937-000

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