$398,000
$57K PRICE DROP

Estimated payment $2,461/month

Total Views 23,071
4 Beds
3.5 Baths
1,949 Sq Ft
$204 Price per Sq Ft

Highlights

  • 0.24 Acre Lot
  • Ranch Style House
  • Den
  • Open Floorplan
  • No HOA
  • Front Porch

About This Home

Unlock the potential of this stunning 4-bedroom, 3.5-bathroom income-producing property, perfectly positioned in the heart of vibrant Downtown Raleigh! With previous special use permit, this versatile gem is ideal for assisted living, a group home, or continued success as a profitable Airbnb.

Why This Property Stands Out:
Spacious & Modern Design: Enjoy an open floor plan, perfect for entertaining, with a seamless flow between the living, dining, and kitchen areas.

Prime Location: Steps away from Downtown Raleigh's best dining, entertainment, and cultural hotspots, plus convenient access to the bus line for effortless transit.

Outdoor Appeal: A fenced-in backyard area for a cozy fire pit, offering a private oasis for residents or guests.

Turnkey Investment: generating income with endless potential for customization to maximize returns.

Property Highlights:
4 spacious bedrooms for flexible use
3 full bathrooms + 1 half bath for convenience
Fenced backyard with area for a fire pit for relaxation or guest enjoyment
Unbeatable location near all that Downtown Raleigh has to offer

Don't miss this rare opportunity to own a property with incredible income potential and a location that's in high demand! Schedule a showing today to explore this one-of-a-kind investment.

Please note: Water is currently turned off but will be activated for inspections.

Listing Agent

Carrie Guerreiro

HEARTHSTRING REALTY INC. License #291308 Listed on: 02/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,160

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 10,454 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Combination Foundation
  • Raised Foundation
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,949 Sq Ft Home
  • Open Floorplan
  • Living Room
  • Den
  • Basement
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Parking Spaces
  • 4 Open Parking Spaces

Schools

  • Se Raleigh Elementary School
  • Centennial Campus Middle School
  • S E Raleigh High School

Additional Features

  • Front Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Stratford Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1713.15-73-1656.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,160

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Year Built: 1960
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Subdivision Name: Stratford Park
  • Above Grade Finished Sq Ft: 1949.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Bedroom 4 Level: Main
  • Room Types Den2: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Living Room2: Yes
  • General Property Information Senior Community YN: No
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Above Grade Finished Area: 1949.0
  • Fencing Back Yard: Yes
  • Roof Architectural Shingle: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Disclosures Lead Based Paint: Yes
  • Fencing Full2: Yes
  • General Property Information Lot Size Square Feet2: 10454.4
  • Foundation Details Raised: Yes
  • General Property Information Lot Size Acres: 0.24
  • Foundation Details Combination: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Open Floorplan
  • Basement: Crawl Space
  • Appliances: Dishwasher, Microwave, Range
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 4
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Fencing: Back Yard, Full
  • Acres: 0.24
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Block, Brick, Vinyl Siding
  • Foundation Details: Block, Combination, Raised
  • Patio And Porch Features: Front Porch
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Back Yard2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Construction Materials:Block2: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - S E Raleigh
  • Middle Or Junior School: Wake - Centennial Campus

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 1713.15-73-1656.000

Tax Info

  • Tax Annual Amount: 3159.63
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - SE Raleigh

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $3,160 $361,593 $110,000 $251,593
2023 $1,798 $163,111 $50,000 $113,111
2022 $1,672 $163,111 $50,000 $113,111
2021 $814 $163,111 $50,000 $113,111
2020 $799 $163,111 $50,000 $113,111
2019 $520 $86,335 $20,000 $66,335
2018 $492 $86,335 $20,000 $66,335
2017 $469 $86,335 $20,000 $66,335
2016 $460 $86,335 $20,000 $66,335
2015 $476 $126,735 $28,000 $98,735
2014 $342 $126,735 $28,000 $98,735
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Price Changed $398,000 -10.6% $204 / Sq Ft
04/10/2025 04/10/25 Price Changed $445,000 -2.2% $228 / Sq Ft
02/03/2025 02/03/25 For Sale $455,000 +23.6% $233 / Sq Ft
12/15/2023 12/15/23 Off Market $368,000 -- --
12/15/2023 12/15/23 Off Market $301,000 -- --
07/12/2023 07/12/23 Sold $368,000 -2.9% $189 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $379,000 -0.2% $194 / Sq Ft
05/25/2023 05/25/23 Price Changed $379,900 -2.6% $195 / Sq Ft
05/24/2023 05/24/23 Price Changed $389,900 -2.5% $200 / Sq Ft
04/28/2023 04/28/23 Price Changed $399,900 -8.1% $205 / Sq Ft
03/30/2023 03/30/23 Price Changed $435,000 -2.2% $223 / Sq Ft
03/07/2023 03/07/23 Price Changed $445,000 -0.2% $228 / Sq Ft
02/04/2023 02/04/23 Price Changed $446,000 -0.2% $229 / Sq Ft
01/21/2023 01/21/23 Price Changed $447,000 -0.2% $229 / Sq Ft
01/13/2023 01/13/23 Price Changed $448,000 -0.2% $230 / Sq Ft
12/30/2022 12/30/22 Price Changed $449,000 -0.2% $230 / Sq Ft
12/16/2022 12/16/22 Price Changed $449,900 -2.2% $231 / Sq Ft
12/07/2022 12/07/22 Price Changed $459,900 -2.1% $236 / Sq Ft
12/03/2022 12/03/22 Price Changed $469,900 -2.1% $241 / Sq Ft
11/24/2022 11/24/22 For Sale $479,900 +59.4% $246 / Sq Ft
04/12/2022 04/12/22 Sold $301,000 +3.8% $154 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $289,900 -- $148 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $368,000 None Listed On Document
Warranty Deed $301,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Deed $46,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $257,600 New Conventional
Previous Owner $321,000 New Conventional
Previous Owner $94,544 Unknown
Previous Owner $86,400 Unknown
Previous Owner $74,000 Unknown
Previous Owner $21,000 Credit Line Revolving
Source: Public Records

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Source: Doorify MLS

MLS Number: 10074342

Doorify MLS

APN: 1713.15-73-1656-000