NOT LISTED FOR SALE

561 New Bern Ave Raleigh, NC 27601

Oakwood Neighborhood

Estimated Value: $474,362

2 Beds
2 Baths
965 Sq Ft
$492/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $405,000 $420 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,790/month

2 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Cooling Available
  • Ligon Magnet Middle School Rated A
  • No HOA
  • Living Room

About This Home

As of January 2022

Charming 2 bed 2 full bath 1930's bungalow in a desirable area of downtown Raleigh. The New Bern corridor is filled with beautiful new and old architecture making it a highly sought after street. This is your chance to own in downtown Raleigh, don't miss out this one won't last long! Features include: brand new gas pack, 2 off street parking spots in rear, decorative fireplace, accent walls, chandelier, high ceilings and beautiful original heart pine hardwood floors.

Last Agent to Sell the Property

Charles Whitehorne

CW Realty License #286064 Listed on: 01/08/2022

Last Buyer's Agent

Adrienne Mickels

Raleigh Custom Realty, LLC License #228596

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,191

Year Built

  • Built in 1930

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 34x104x35x104

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 965 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Rear-Facing Garage

Schools

  • Root Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,191

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 965.0
  • 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: 34x104x35x104
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • Architectural Style Bungalow: Yes
  • General Property Information Above Grade Finished Area: 965.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 3484.8
  • General Property Information Lot Size Acres: 0.08
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.08
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Faces Rear
  • Parking Features:Garage Faces Rear: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Gas Pack
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

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 - Oberlin

Lot Info

  • Lot Dimensions: 34x104x35x104
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1191.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Root

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2022
Closed on
Jan 19, 2022
Sold by
Archive Development Llc
Bought by
Mcallister Llc
Seller's Agent
Charles Whitehorne
CW Realty
Buyer's Agent
Adrienne Mickels
Raleigh Custom Realty, LLC
List Price
$395,000
Sold Price
$405,000
Premium/Discount to List
$10,000
2.53%
Current Estimated Value
$474,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,362
Avg. Annual Appreciation
4.29%

Purchase Details

Closed on
Sep 25, 2018
Sold by
Horney Mark A and Horney Cynthia J
Bought by
Archive Development Llc

Purchase Details

Closed on
Jan 26, 2007
Sold by
Horney Brooke
Bought by
Horney Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2002
Sold by
Banc One Financial Services
Bought by
Horney Mark A and Horney Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2001
Sold by
Cox Sharon D and Cox Betty L
Bought by
Banc One Financial Services

Purchase Details

Closed on
Jul 21, 1999
Sold by
Lindsay E Glenn
Bought by
Cox Sharon D and Cox Betty L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 1997
Sold by
Rooms For Rent In Raleigh
Bought by
Lindsay E Glenn
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 Buyer Sale Price Title Company
Mcallister Llc $405,000 None Listed On Document
Archive Development Llc $205,000 None Available
Horney Mark A -- None Available
Horney Mark A $58,000 --
Banc One Financial Services $54,083 --
Cox Sharon D $110,000 --
Lindsay E Glenn $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horney Mark A $80,000
Previous Owner Horney Mark A $46,400
Previous Owner Cox Sharon D $99,000
Closed Cox Sharon D $9,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $405,000 -- --
01/20/2022 01/20/22 Sold $405,000 +2.5% $420 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $395,000 -- $409 / 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 $3,379 $385,201 $278,939 $106,262
2024 $3,365 $385,201 $278,939 $106,262
2023 $3,056 $278,527 $209,205 $69,322
2022 $2,840 $278,527 $209,205 $69,322
2021 $2,730 $278,527 $209,205 $69,322
2020 $2,680 $278,527 $209,205 $69,322
2019 $1,172 $99,364 $45,375 $53,989
2018 $1,106 $99,364 $45,375 $53,989
2017 $1,054 $99,364 $45,375 $53,989
2016 $1,032 $99,364 $45,375 $53,989
2015 $978 $92,495 $38,335 $54,160
2014 $928 $92,495 $38,335 $54,160
Source: Public Records

Agents Affiliated with this Home

  • Charles Whitehorne

    Seller's Agent in 2022

    Charles Whitehorne

    CW Realty

    (919) 368-2644

    1 in this area

    18 Total Sales

    Charles Whitehorne
    Section Image
  • Adrienne Mickels

    Buyer's Agent in 2022

    Adrienne Mickels

    Raleigh Custom Realty, LLC

    (919) 649-4118

    1 in this area

    94 Total Sales

    Adrienne Mickels
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2425873

Doorify MLS

APN: 1703.28-99-9134-000

North Carolina Wake County Raleigh 27601 Oakwood

561 New Bern Ave, Raleigh, NC

This home is located at 561 New Bern Ave, Raleigh, NC 27601 since 08 January 2022 and is currently estimated at $474,362, approximately $491 per square foot. This property was built in 1930. 561 New Bern Ave is a home located in Wake County with nearby schools including Powell Elementary, Ligon 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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