$295,000
SOLD MAR 5, 2025

528 New Bern Ave Raleigh, NC 27601

Olde East Raleigh Neighborhood
-- Bed
-- Bath
1,422 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$207 Per Sq Ft

3% Below List Price

64 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 1-Story Property
  • Root Elementary School Rated A
  • No Heating

About This Home

As of March 2025

Incredible opportunity to own a lot in a PRIME area in downtown Raleigh. Just blocks away from Marbles Museum. This home is a tare down and perfect for a New Construction with amazing potential. Several gorgeous new constructions right across the street. This home has a Lis Pending status with the city of Raleigh and is a cash sale only. Home must be torn down. Perfect for an investor, a builder, or someone who wants to build their own custom home in an unforgettable location. Close to Raleigh Convention Center, NC Museum of Natural Sciences, Morgan Street Food Hall, Red Hat Ampitheatre, and tons of amazing Raleigh Restraurants.

Last Agent to Sell the Property

Laura Vevurka

FAB Real Estate Services, LLC License #324056 Listed on: 10/29/2024

Last Buyer's Agent

Pashuan Reed

Pashuan4Homes Realty License #303268

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,093

Year Built

  • Built in 1925

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Stone Foundation

Interior Spaces

  • 1,422 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces

Schools

  • Powell Elementary School
  • Ligon Middle School
  • Broughton High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Notice Of Default
  • Assessor Parcel Number 1703.28-98-4948 0017812

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,093

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Architectural Style Traditional: Yes
  • General Property Information Enhanced Accessible2: No
  • Heating None12: Yes
  • Cooling None4: Yes
  • General Property Information Below Grade Finished Area: 1422.0
  • Foundation Details Stone2: Yes
  • General Property Information Lot Size Square Feet2: 5663.0
  • Special Listing Conditions Notice Of Default: Yes
  • General Property Information Lot Size Acres: 0.13
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: None
  • Basement YN: No
  • Below Grade Sq Ft: 1422.0
  • Stories: 1

Exterior Features

  • Roof: Other
  • Acres: 0.13
  • Construction Type: Other
  • Foundation Details: Stone
  • Construction Materials:Other8: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: None
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Ligon

Lot Info

  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1703.28-98-4948 0017812
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3092.75
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Powell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
Feb 12, 2025
Sold by
Mangum Christine and Mangum William
Bought by
Harmonys Place Nc Llc
Seller's Agent
Laura Vevurka
FAB Real Estate Services, LLC
Buyer's Agent
Pashuan Reed
Pashuan4Homes Realty
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Views
29
Current Estimated Value
$326,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,416
Avg. Annual Appreciation
18.05%
Original Mortgage
$1,939,957
Outstanding Balance
$1,930,351
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,607,156

Purchase Details

Listed on
Oct 29, 2024
Closed on
Feb 11, 2025
Sold by
Harris Steve Orlando and Harris Iola
Bought by
Harmonys Place Nc Llc
Seller's Agent
Laura Vevurka
FAB Real Estate Services, LLC
Buyer's Agent
Pashuan Reed
Pashuan4Homes Realty
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,939,957
Outstanding Balance
$1,930,351
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,607,156

Purchase Details

Closed on
Jan 1, 1973
Bought by
Harris Charles and Harris Iola
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $340,000 None Listed On Document
Warranty Deed $295,000 None Listed On Document
Warranty Deed $295,000 None Listed On Document
Deed $19,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,939,957 Credit Line Revolving
Closed $1,939,957 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $295,000 -3.3% $207 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
10/29/2024 10/29/24 For Sale $305,000 0.0% $214 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $305,000 -- $214 / 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
2025 $5,924 $648,553 $627,240 $21,313
2024 $3,094 $353,892 $339,780 $14,112
2023 $2,899 $264,099 $254,835 $9,264
2022 $2,694 $264,099 $254,835 $9,264
2021 $2,590 $264,099 $254,835 $9,264
2020 $2,543 $264,099 $254,835 $9,264
2019 $1,824 $155,684 $73,732 $81,952
2018 $1,721 $155,684 $73,732 $81,952
2017 $1,640 $155,684 $73,732 $81,952
2016 $1,606 $155,684 $73,732 $81,952
2015 $955 $90,306 $62,293 $28,013
2014 -- $90,306 $62,293 $28,013
Source: Public Records

Agents Affiliated with this Home

  • Laura Vevurka

    Seller's Agent in 2025

    Laura Vevurka

    FAB Real Estate Services, LLC

    (919) 279-5912

    2 in this area

    184 Total Sales

    Laura Vevurka
    Section Image
  • Pashuan Reed

    Buyer's Agent in 2025

    Pashuan Reed

    Pashuan4Homes Realty

    (919) 703-0620

    2 in this area

    56 Total Sales

    Pashuan Reed
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10054214

Doorify MLS

APN: 1703.28-98-4948-000

North Carolina Wake County Raleigh 27601 Olde East Raleigh

528 New Bern Ave, Raleigh, NC

This home is located at 528 New Bern Ave, Raleigh, NC 27601 and is currently priced at $295,000, approximately $207 per square foot. This property was built in 1925. 528 New Bern Ave is a home located in Wake County with nearby schools including Root Elementary School, Moore Square Museum Magnet 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.

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 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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