NOT LISTED FOR SALE

501 Colleton Rd Raleigh, NC 27610

King Charles Neighborhood

Estimated Value: $764,000

3 Beds
2.5 Baths
2,204 Sq Ft
$347/Sq Ft Est. Value

Sale Details

Date Sold: June 21, 2023

Last sale price $850,000 $386 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,744 / mo

7 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Loft
  • Underwood Magnet Elementary School Rated A
  • Wood Flooring
  • High Ceiling

About This Home

As of June 2023

Modern Home Situated in a Highly Desireable Downtown Raleigh with Access to Various Emenities, Entertainemnt Options & Vibrant City Life! This Home Boasts a Range of Upgraded Features, including A Modernist Kitchen Equipped w/Sleek Black Stainless Steel Appliances, Contemporary Faux Concrete Surround Fireplace & Owner's Suite w/Luxurious Bath Includes Rainfall Shower, Deep Soaking Tub & Designer Aesthetic Tiles! A Level 1/4 Acre, Fully Fenced Yard w/Covered Patio provides Privacy for Outdoor Gatherings & Backyard Oasis for a Potential Pool! This Home is Part of a Larger Trend of New Homes Revitalizing & Reimagining the In-Town Neighborhood, Making it an Exciting & Evolving Area to Live!

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 05/19/2023

Coldwell Banker HPW

Last Buyer's Agent

Linda Craft

Linda Craft Team, REALTORS License #140967

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 10,890 Sq Ft Lot
  • Fenced Yard
  • Water-Smart Landscaping

Home Design

  • Contemporary Architecture
  • Modernist Architecture
  • Modern Architecture
  • Block Foundation
  • Slab Foundation
  • Stem Wall Foundation
  • Frame Construction
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 2,204 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Sealed Combustion
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Loft
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Induction Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Low Flow Plumbing Fixtures
  • Soaking Tub
  • Bathtub with Shower
  • Shower Only in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Attic

  • Pull Down Stairs to Attic
  • Unfinished Attic

Parking

  • Parking Pad
  • Private Driveway

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Ventilation
  • Watersense Fixture

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Built by Boardwalk Enterprises, Inc.

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0.25 Acres

Listing Details

  • Builder Name: Boardwalk Enterprises, Inc.
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2204.0
  • Architectural Style: Contemporary, Modern
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see plot plan
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2023-05-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Green Building Verification Type WaterSense: Yes
  • Green Indoor Air Quality Ventilation: Yes
  • Architectural Style Contemporary: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Fencing Privacy: Yes
  • Architectural Style Modernist: Yes
  • Foundation Details Block3: Yes
  • Attic Features Unfinished2: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • General Property Information Above Grade Finished Area: 2204.0
  • General Property Information Carport YN: No
  • Foundation Details Stem Walls: Yes
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Lot Size Acres: 0.25
  • General Property Information:Living Area3: 2204.0
  • General Property Information Builder Name: Boardwalk Enterprises, Inc.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Wood
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Entrance Foyer, High Ceilings, Kitchen/Dining Room Combination, Pantry, Quartz Counters, Separate Shower, Shower Only, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances: Dishwasher, Electric Water Heater, ENERGY STAR Qualified Appliances, Induction Cooktop, Microwave, Range Hood, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log, Sealed Combustion
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Wet Bar: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Induction Cooktop: Yes

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Fencing: Privacy
  • Acres: 0.25
  • Construction Type: Fiber Cement, Low VOC Paint/Sealant/Varnish
  • Foundation Details: Block, Slab, Stem Walls
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Parking Pad
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Parking Pad: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: see plot plan
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Indoor Air Qlty: Ventilation
  • Green Water Conservation: Low-Flow Fixtures, Water-Smart Landscaping
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

MLS Schools

  • Elementary School: Wake County Schools

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

Listed on
May 19, 2023
Closed on
Jun 20, 2023
Sold by
Bought by
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Linda Craft
Linda Craft Team, REALTORS
List Price
$850,000
Sold Price
$850,000
Views
59
Current Estimated Value
$764,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,000
Avg. Annual Appreciation
-3.43%
Original Mortgage
$722,500
Outstanding Balance
$703,039
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$60,961

Purchase Details

Listed on
Aug 7, 2021
Closed on
Sep 3, 2021
Sold by
Bought by
Seller's Agent
Oscar Romero Lemus
Blue Endeavours Real Estate
Buyer's Agent
Ann Ledford
Redfin Corporation
List Price
$280,000
Sold Price
$250,100
Premium/Discount to List
-$29,900
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.83%

Purchase Details

Listed on
Aug 7, 2021
Closed on
Aug 27, 2021
Sold by
Bought by
Seller's Agent
Oscar Romero Lemus
Blue Endeavours Real Estate
Buyer's Agent
Ann Ledford
Redfin Corporation
List Price
$280,000
Sold Price
$250,100
Premium/Discount to List
-$29,900
-10.68%

Purchase Details

Closed on
Apr 24, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Prior Sale
12/15/2023 12/15/23 Off Market $850,000 -- --
12/15/2023 12/15/23 Off Market $250,100 -- --
06/21/2023 06/21/23 Sold $850,000 0.0% $386 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $850,000 +239.9% $386 / Sq Ft
09/10/2021 09/10/21 Sold $250,100 -10.7% $180 / Sq Ft View Prior Sale
08/13/2021 08/13/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $280,000 -- $202 / Sq Ft
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 $7,413 $847,705 $190,000 $657,705
2024 $7,200 $826,697 $190,000 $636,697
2023 $1,778 $163,150 $109,250 $53,900
Source: Public Records

Agents Affiliated with this Home

  • Jim Allen

    Seller's Agent in 2023

    Jim Allen

    Coldwell Banker HPW

    (919) 873-3990

    10 in this area

    4,512 Total Sales

    Jim Allen
    Section Image
  • Linda Craft

    Buyer's Agent in 2023

    Linda Craft

    Linda Craft Team, REALTORS

    (919) 235-6313

    1 in this area

    777 Total Sales

    Linda Craft
    Section Image
  • Steve Kruger

    Buyer Co-Listing Agent in 2023

    Steve Kruger

    Linda Craft Team, REALTORS

    (919) 740-9795

    1 in this area

    86 Total Sales

    Steve Kruger
    Section Image

  • O

    Seller's Agent in 2021

    Oscar Romero Lemus

    Blue Endeavours Real Estate

    (919) 414-5144

    1 in this area

    12 Total Sales

    Oscar Romero Lemus
    Section Image

  • A

    Buyer's Agent in 2021

    Ann Ledford

    Redfin Corporation

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2511918

Doorify MLS

APN: 1714.18-41-7677-000

North Carolina Wake County Raleigh 27610 King Charles

501 Colleton Rd, Raleigh, NC

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.

Doorify MLS 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 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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