NOT LISTED FOR SALE

505 Frank St Raleigh, NC 27604

Mordecai Neighborhood

Estimated Value: $545,000 - $609,000

2 Beds
1.5 Baths
1,085 Sq Ft
$531/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $508,000 $468 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,507/month

1 Day on Market

Highlights

  • Deck
  • Wood Flooring
  • Covered Patio or Porch
  • Conn Elementary Rated A-
  • No HOA
  • Cooling Available

About This Home

As of August 2021

Immaculate 2 Bedroom Bungalow in the historic district of Mordecai! Enjoy the convenience of being minutes away from downtown Raleigh, shopping, and the finest eateries. Easy commute to major highways, RDU, and RTP. This charming home boasts a rocking chair front porch, new hardwood flooring in the main living area, brand new carpeting in bedrooms, updated bathrooms, extensive crown molding, back yard area with rear deck & garden and so much more. Don't miss out on this amazing opportunity!

Last Agent to Sell the Property

Angie Cole

A Cole Realty LLC License #254201 Listed on: 07/19/2021

Last Buyer's Agent

Carl Amsden

DASH Carolina License #305941

DASH Carolina

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,378

Year Built

  • Built in 1934

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped
  • Garden

Parking

  • Private Driveway

Home Design

  • Bungalow
  • Asbestos

Interior Spaces

  • 1,085 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Dining Room
  • Crawl Space
  • Electric Range
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Attic

  • Attic Floors
  • Pull Down Stairs to Attic
  • Unfinished Attic

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include unknown

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,378

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Year Built: 1934
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1085.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Recorded Plat
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • Utilities Cable Available: Yes
  • Laundry Features Laundry Closet: Yes
  • Architectural Style Bungalow: Yes
  • Attic Features Unfinished2: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Above Grade Finished Area: 1085.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information Lot Size Acres: 0.15
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Pantry, Primary Downstairs, Smooth Ceilings
  • Basement: Crawl Space
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Wood Burning: Yes
  • Attic Features:Floored: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.15
  • Construction Type: Asbestos
  • Patio And Porch Features: Covered, Deck, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Garden2: Yes
  • Construction Materials:Asbestos: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Gas Pack, Natural Gas
  • Cooling: Gas Pack
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: 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 Recorded Plat
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3378.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Aug 27, 2021
Sold by
Legg Frances B and Earp Larry
Bought by
Petry William Kevin and Abbott Emily Marie
Seller's Agent
Angie Cole
A Cole Realty LLC
Buyer's Agent
Carl Amsden
DASH Carolina
List Price
$472,950
Sold Price
$508,000
Premium/Discount to List
$35,050
7.41%
Current Estimated Value
$575,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,916
Avg. Annual Appreciation
3.34%
Original Mortgage
$382,400
Outstanding Balance
$351,726
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$227,902

Purchase Details

Closed on
Mar 27, 1992
Bought by
Legg Frances B
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Petry William Kevin $508,000 None Available
Legg Frances B $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petry William Kevin $382,400
Previous Owner Legg Frances B $46,743
Previous Owner Legg Frances B $90,000
Previous Owner Legg Frances B $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $508,000 -- --
08/31/2021 08/31/21 Sold $508,000 +7.4% $468 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $472,950 -- $436 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

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 $4,713 $540,387 $410,000 $130,387
2023 $3,782 $345,141 $250,000 $95,141
2022 $3,515 $345,141 $250,000 $95,141
2021 $3,378 $345,141 $250,000 $95,141
2020 $3,317 $345,141 $250,000 $95,141
2019 $2,890 $247,631 $124,000 $123,631
2018 $2,726 $247,631 $124,000 $123,631
2017 $2,596 $247,631 $124,000 $123,631
2016 $2,543 $247,631 $124,000 $123,631
2015 $2,458 $235,396 $112,500 $122,896
2014 -- $235,396 $112,500 $122,896
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Angie Cole

    A Cole Realty LLC

    Section Image
  • Carl Amsden

    Buyer's Agent in 2021

    Carl Amsden

    DASH Carolina

    (919) 998-9229

    1 in this area

    94 Total Sales

    Carl Amsden
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2396682

Doorify MLS

APN: 1714.09-05-4062-000

North Carolina Wake County Raleigh 27604 Mordecai

505 Frank St, Raleigh, NC

This home is located at 505 Frank St, Raleigh, NC 27604 since 19 July 2021 and is currently estimated at $575,916, approximately $530 per square foot. This property was built in 1934. 505 Frank St is a home located in Wake County with nearby schools including Conn Elementary, Oberlin Middle School, and Broughton Magnet High School.

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.

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