520 Polk St Raleigh, NC 27604
Oakwood Neighborhood
4
Beds
3
Baths
2,571
Sq Ft
10,019
Sq Ft Lot
Highlights
- Barn
- 0.23 Acre Lot
- Wood Flooring
- Conn Elementary Rated A-
- Traditional Architecture
- 3-minute walk to Oakwood Commons Park
About This Home
As of February 2025The Webb Holloway House, one of the most talked about homes in Historic Oakwood, is ready for its next owner. This 4-bedroom/3-bath beauty with its huge front porch sits on a large city lot with lovely grand old trees on one of the prettiest streets in Downtown Raleigh. It has an open feel and features gorgeous wood floors, beautiful moldings and doors, and large windows everywhere. It has a geothermal heat pump, a full basement, copper gutters, and off-street parking. The 1305-sq-ft barn with its wooden floor and lots of windows is loaded with possibilities. You can walk, bike, or scooter to all the restaurants, festivals, museums, and shopping in Downtown Raleigh and the Person Street District from your new home!
Last Agent to Sell the Property
Raleigh Homes Realty License #226877 Listed on: 01/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,934
Year Built
- Built in 1901
Lot Details
- 10,019 Sq Ft Lot
- North Facing Home
- Natural State Vegetation
Home Design
- Traditional Architecture
- Brick Foundation
- Shingle Roof
- Metal Roof
- Lap Siding
Interior Spaces
- 2,571 Sq Ft Home
- 2-Story Property
- Decorative Fireplace
- Living Room with Fireplace
Kitchen
- Free-Standing Gas Oven
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
- Laundry in Basement
Parking
- 2 Parking Spaces
- Private Driveway
- On-Street Parking
- 2 Open Parking Spaces
Schools
- Conn Elementary School
- Oberlin Middle School
- Broughton High School
Farming
- Barn
Utilities
- Central Air
- Geothermal Heating and Cooling
Listing and Financial Details
- Assessor Parcel Number 32468
Community Details
Overview
- No Home Owners Association
- Historic Oakwood Subdivision
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2025
Closed on
Feb 14, 2025
Sold by
Floumoy William L
Bought by
Abel Arik and Abel Ann
Seller's Agent
Richard Callahan
Raleigh Homes Realty
Buyer's Agent
Theo Highsmith
Dogwood Properties
List Price
$925,000
Sold Price
$1,150,000
Premium/Discount to List
$225,000
24.32%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,320
Avg. Annual Appreciation
-8.26%
Original Mortgage
$500,000
Outstanding Balance
$497,094
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$600,610
Purchase Details
Closed on
Aug 1, 1981
Bought by
Flournoy William L
Similar Homes in Raleigh, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | $1,150,000 | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | $62,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Credit Line Revolving | |
| Previous Owner | $76,542 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $142,000 | New Conventional | |
| Previous Owner | $181,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $184,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | Sold | $1,150,000 | +24.3% | $447 / Sq Ft |
| 02/01/2025 02/01/25 | Pending | -- | -- | -- |
| 01/30/2025 01/30/25 | For Sale | $925,000 | -- | $360 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $7,935 | $911,322 | $598,500 | $312,822 |
| 2023 | $6,751 | $617,522 | $330,000 | $287,522 |
| 2022 | $6,272 | $617,522 | $330,000 | $287,522 |
| 2021 | $6,028 | $617,522 | $330,000 | $287,522 |
| 2020 | $5,919 | $617,522 | $330,000 | $287,522 |
| 2019 | $6,032 | $518,750 | $231,000 | $287,750 |
| 2018 | $5,688 | $518,750 | $231,000 | $287,750 |
| 2017 | $5,417 | $518,750 | $231,000 | $287,750 |
| 2016 | $5,305 | $518,750 | $231,000 | $287,750 |
| 2015 | $5,568 | $535,822 | $261,000 | $274,822 |
| 2014 | $5,281 | $535,822 | $261,000 | $274,822 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Callahan
Seller's Agent in 2025
Richard Callahan
Raleigh Homes Realty
(919) 946-3256
13 in this area
62 Total Sales
-
Theo Highsmith
Buyer's Agent in 2025
Theo Highsmith
Dogwood Properties
(919) 427-9239
2 in this area
58 Total Sales
Map
Source: Doorify MLS
MLS Number: 10073543
APN: 1704.20-91-4068-000
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