Seller's Agent in 2025
Jason Queen
Monarch Realty Co.
(919) 606-2905
7 in this area
54 Total Sales
542 E Martin St Raleigh, NC 27601
Olde East Raleigh NeighborhoodEstimated Value: $924,748 - $993,000
4
Beds
3
Baths
2,450
Sq Ft
$394/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Downtown View
- Open Floorplan
- Root Elementary School Rated A
- 0.22 Acre Lot
- Craftsman Architecture
About This Home
As of February 2025This beautifully renovated home in downtown Raleigh blends historic charm with modern living. Designed by Maurer Architecture and updated in 2012 and 2019, it offers a spacious, open layout with high-end finishes throughout.
The upstairs primary suite features 15-foot vaulted ceilings and large windows that fill the room with natural light, offering views of the downtown skyline and Chavis Greenway. The luxurious primary bathroom includes a clawfoot tub, walk-in shower with multiple fixtures, and elegant tilework, creating a spa-like retreat.
Hardwood floors throughout add timeless elegance, and the open layout creates a seamless flow between spaces. The chef's kitchen is equipped with Viking ovens, a gas range, and a spacious walk-in pantry—perfect for both cooking and entertaining. The adjacent mudroom offers practical storage for daily needs.
The first floor includes a flexible guest bedroom or office, ideal for working from home or hosting visitors. The living and dining areas are filled with natural light and are designed for effortless flow, perfect for casual living or entertaining.
The expansive backyard, one of the largest in downtown Raleigh, offers plenty of space for outdoor activities or relaxing. A screened-in back deck, designed by Ashley Morris, provides a tranquil space to unwind, with wired audio inside and out to set the perfect mood.
Located just one block from Transfer Co. Food Hall, you'll enjoy easy access to a variety of food and drink options. Roshambo Bottle Shop, Raleigh Wine Shop, Burial Outpost Brewery, and Little Native Coffee are also nearby. A short 5-minute walk takes you to City Market and Fayetteville Street, where you can explore shops, restaurants, and entertainment.
Situated in the historic Olde East Raleigh and St. Petersburg neighborhoods, this home combines the vibrancy of a growing community with the convenience of downtown living. The large lot also offers potential for future development, such as an above-garage ADU.
This home is more than just a place to live—it's a rare opportunity to enjoy historic charm, modern amenities, and an unbeatable downtown location.
Last Agent to Sell the Property
Monarch Realty Co. License #265895 Listed on: 12/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,149
Year Built
- Built in 2001 | Remodeled in 2012
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 45 x 235.04 x 52.57 x 205.68
- North Facing Home
- Wood Fence
- Landscaped
- Secluded Lot
- Garden
- Grass Covered Lot
- Back Yard Fenced and Front Yard
- Property is zoned R-10
Property Views
- Downtown
- Garden
- Park or Greenbelt
- Neighborhood
Home Design
- Craftsman Architecture
- Contemporary Architecture
- Traditional Architecture
- Brick Foundation
- Combination Foundation
- Block Foundation
- Batts Insulation
- Architectural Shingle Roof
- HardiePlank Type
Interior Spaces
- 2,450 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Sound System
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Low Emissivity Windows
- Insulated Windows
- Plantation Shutters
- Wood Frame Window
- French Doors
- Mud Room
- Living Room
- Dining Room
- Screened Porch
- Storage
- Pull Down Stairs to Attic
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Built-In Oven
- Free-Standing Gas Oven
- Gas Cooktop
- Range Hood
- Plumbed For Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Parking Spaces
- Tandem Parking
- Private Driveway
- Paved Parking
- Additional Parking
- On-Street Parking
- Outside Parking
- Off-Street Parking
Outdoor Features
- Patio
- Outdoor Storage
- Rain Gutters
Schools
- Root Elementary School
- Moore Square Museum Middle School
- Broughton High School
Utilities
- Cooling System Powered By Gas
- Dehumidifier
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- High Speed Internet
- Cable TV Available
Additional Features
- The property is located in a historic district
- Grass Field
Listing and Financial Details
- Assessor Parcel Number 1703975731
Community Details
Recreation
- Community Playground
- Park
Additional Features
- No Home Owners Association
- Restaurant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 23, 2024
Closed on
Feb 26, 2025
Sold by
Queen Jason and Queen Jeanne
Bought by
Williams Bradley A and Williams Jenny M
Seller's Agent
Jason Queen
Monarch Realty Co.
Buyer's Agent
Daryl Pendry
Hometowne Realty Garner
List Price
$1,075,000
Sold Price
$980,000
Premium/Discount to List
-$95,000
-8.84%
Views
69
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
-$14,063
Avg. Annual Appreciation
-1.58%
Purchase Details
Closed on
Jul 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Queen Jason and Queen Jeanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 14, 2012
Sold by
Hoffler Kris B
Bought by
Federal National Mortgage Association
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 24, 2007
Sold by
Hoffler Flowers
Bought by
Hoffler Kris B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 12, 2001
Sold by
R D Construction Inc
Bought by
Hoffler Kris B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.87%
Purchase Details
Closed on
Mar 8, 2001
Sold by
City Of Raleigh
Bought by
R D Construction Inc
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Bradley A | $980,000 | None Listed On Document | |
| Williams Bradley A | $980,000 | None Listed On Document | |
| Queen Jason | -- | None Available | |
| Federal National Mortgage Association | $199,598 | None Available | |
| Hoffler Kris B | -- | None Available | |
| Hoffler Kris B | $120,000 | -- | |
| R D Construction Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Queen Jason | $160,000 | |
| Previous Owner | Hoffler Kris B | $152,000 | |
| Previous Owner | Hoffler Kris B | $105,000 | |
| Closed | Hoffler Kris B | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2025 02/26/25 | Sold | $980,000 | -1.5% | $400 / Sq Ft |
| 02/01/2025 02/01/25 | Pending | -- | -- | -- |
| 01/17/2025 01/17/25 | Price Changed | $995,000 | -7.4% | $406 / Sq Ft |
| 12/23/2024 12/23/24 | For Sale | $1,075,000 | -- | $439 / 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 |
|---|---|---|---|---|
| 2025 | $6,175 | $705,729 | $330,000 | $375,729 |
| 2024 | $6,149 | $705,729 | $330,000 | $375,729 |
| 2023 | $5,181 | $473,484 | $220,000 | $253,484 |
| 2022 | $4,814 | $473,484 | $220,000 | $253,484 |
| 2021 | $4,627 | $473,484 | $220,000 | $253,484 |
| 2020 | $4,543 | $473,484 | $220,000 | $253,484 |
| 2019 | $3,655 | $313,668 | $80,000 | $233,668 |
| 2018 | $3,447 | $313,668 | $80,000 | $233,668 |
| 2017 | $3,283 | $313,668 | $80,000 | $233,668 |
| 2016 | $3,216 | $302,342 | $80,000 | $222,342 |
| 2015 | $1,420 | $109,311 | $44,000 | $65,311 |
| 2014 | $1,073 | $109,311 | $44,000 | $65,311 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Queen
-
Daryl Pendry
Buyer's Agent in 2025
Daryl Pendry
Hometowne Realty Garner
(919) 422-9180
1 in this area
56 Total Sales
Map
Source: Doorify MLS
MLS Number: 10066890
APN: 1703.36-97-5731-000
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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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