RENTED AUG 1, 2025

508 Worth St Raleigh, NC 27601

Olde East Raleigh Neighborhood

Estimated Value: $473,302 - $596,000

2 Beds
2 Baths
1,070 Sq Ft
$505/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Granite Countertops
  • Covered Patio or Porch
  • Joyner Elementary School Rated A-
  • No HOA
  • 3-minute walk to John Chavis Memorial Park

About This Home

As of August 2025

Location, Value, Price! Pristine and Best of Down Town Living! Available for 5/18/25 Occupancy, Hardwood and Tile Flooring, Open Floor Plan, Designer Paint & Upgrades, Award Wining Maurer Architecture, Designer Kitchen w/SS Appliances, Granite Counters, 42' Cabinetry, MBR Suite w/Walk-in-Closet & Shower, Secondary Bedroom w/Full Bath, Two Minute Walk to 27 Acre Historic Chavis Park Greenway, Walk or Bike to Everything Downtown Raleigh Has to Offer! Work, Play and Relax! Very High Raleigh Walk Score!

Last Agent to Rent the Property

Bill Duncan

Razor, LLC License #210810 Listed on: 05/18/2025

Last Renter's Agent

Bill Duncan

Razor, LLC License #210810 Listed on: 05/18/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 2,614 Sq Ft Lot
  • Back Yard Fenced

Interior Spaces

  • 1,070 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Basement
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • Private Driveway
  • On-Street Parking
  • 1 Open Parking Space

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Joyner Elementary School
  • Moore Square Museum Middle School
  • Broughton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 515 Downtown Subdivision

Listing and Financial Details

  • Security Deposit $2,000
  • Property Available on 5/18/25
  • Tenant pays for all utilities, cable TV, grounds care, water, air and water filters
  • The owner pays for taxes
  • 12 Month Lease Term
  • $80 Application Fee

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

2,614 Sq Ft Lot

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Grounds Care, Water, Other, Air and Water Filters
  • Lease Term: 12 Months
  • Owner Pays: Taxes
  • Available Date: 2025-05-18

Listing Details

  • Year Built: 2015
  • Prop. Type: Residential Lease
  • Subdivision Name: 515 Downtown
  • Above Grade Finished Sq Ft: 1070.0
  • Carport Y N: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Primary Bedroom Level: Main
  • Laundry Features Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Utilities Cable Available: Yes
  • Laundry Features Laundry Closet: Yes
  • General Property Information Enhanced Accessible2: No
  • Utilities Natural Gas Available: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-05-18
  • Contract Information Security Deposit2: 2000.0
  • General Property Information Above Grade Finished Area: 1070.0
  • General Property Information Carport YN: No
  • Fencing Fenced: Yes
  • Laundry Features Washer Hookup: Yes
  • Fencing Back Yard: Yes
  • Fencing Wood2: Yes
  • General Property Information Lot Size Square Feet2: 2613.6
  • General Property Information Lot Size Acres: 0.06
  • Pets Allowed Yes2: Yes
  • Pets Allowed Breed Restrictions: Yes
  • General Property Information Stories2: 1
  • General Property Information:Living Area3: 1070.0
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Hardwood, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Pantry, Separate Shower, Smooth Ceilings, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Exhaust Fan, Microwave, Range, Refrigerator, Self Cleaning Oven
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Front Door
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances Range: Yes
  • Appliances:Exhaust Fan: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Fenced Yard, Private Yard, Rain Gutters
  • Fencing: Back Yard, Fenced, Wood
  • Acres: 0.06
  • Patio And Porch Features: Covered, Front Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Back Yard2: Yes
  • Exterior Features:Private Yard: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:City Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Driveway, On Street
  • Total Parking Spaces: 2.0
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Utilities: Cable Available, Natural Gas Available
  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Association: No
  • Fees Application Fee: 80.0

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Moore Square Museum

Lot Info

  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Joyner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2023
Sold by
Wilson Stephen E and Wilson Mary O
Bought by
Wilson Living Trust and Wilson
Current Estimated Value
$516,927

Purchase Details

Closed on
Mar 31, 2016
Sold by
Telegraph Road Properties Llc
Bought by
Wilson Stephen E and Wilson Mary O

Purchase Details

Closed on
Sep 18, 2014
Sold by
Roberts Lynwood and Roberts Gladys Marie
Bought by
Telegraph Road Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilson Living Trust -- None Listed On Document
Wilson Stephen E $245,000 None Available
Telegraph Road Properties Llc $45,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2025 08/01/25 Rented $1,850 -2.6% --
07/24/2025 07/24/25 Under Contract -- -- --
07/20/2025 07/20/25 Price Changed $1,900 -5.0% $2 / Sq Ft
05/28/2025 05/28/25 Price Changed $2,000 -4.8% $2 / Sq Ft
05/18/2025 05/18/25 For Rent $2,100 -- --
Source: Doorify MLS

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
2025 $4,234 $483,205 $261,000 $222,205
2024 $4,217 $483,205 $261,000 $222,205
2023 $4,003 $365,424 $148,750 $216,674
2022 $3,720 $365,424 $148,750 $216,674
2021 $3,576 $365,424 $148,750 $216,674
2020 $3,511 $365,424 $148,750 $216,674
2019 $3,149 $269,980 $68,000 $201,980
2018 $2,970 $269,980 $68,000 $201,980
2017 $2,829 $269,980 $68,000 $201,980
2016 $2,771 $269,980 $68,000 $201,980
2015 -- $42,086 $30,000 $12,086
2014 -- $42,086 $30,000 $12,086
Source: Public Records

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2025

    Bill Duncan

    Razor, LLC

    (919) 247-6017

    10 Total Sales

    Bill Duncan
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Map

Source: Doorify MLS

MLS Number: 10097145

Doorify MLS

APN: 1703.52-95-0530-000

North Carolina Wake County Raleigh 27601 Olde East Raleigh

508 Worth St, Raleigh, NC

Not Listed for Sale

Detached

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