$860,000
SOLD MAR 31, 2025
3 Beds
4 Baths
2,653 Sq Ft
0.37 Acres

Recently Sold

$324 Per Sq Ft

21% Below List Price

38 Days on Market

Highlights

  • Two Primary Bedrooms
  • City View
  • Recreation Room
  • Olds Elementary School Rated A
  • Living Room with Fireplace
  • Partially Wooded Lot

About This Home

As of March 2025

Welcome to 23 Shepherd Street, a timeless all-brick estate nestled just minutes from Downtown Raleigh. Originally built in 1938 as a multi-family home, this meticulously renovated residence now offers a seamless blend of classic charm and modern amenities. The beautifully updated one-bedroom apartment features an open living area, a dedicated home office, and a fully equipped kitchen with new appliances, a washer/dryer, and a private entrance.

Today, the home functions as a spacious two-story, three bedroom, and four bathroom retreat with a full basement, spread across 2,653 square feet of light-filled living space. Situated on a generously landscaped .37-acre lot, just one block from NCSU and historic Hillsborough Street, it's the perfect location for both privacy and convenience.

The main house showcases an inviting sunlit kitchen with a gas stove and a cozy breakfast nook, while hardwood floors, custom shutters, and fine details throughout add to the home's timeless appeal. 23 Shepherd Street offers refined living at every turn.

Last Agent to Sell the Property

Johnny Chappell

Compass -- Raleigh License #267248

Compass -- Raleigh

Co-Listed By

Ivan Hovis Gobern

Compass -- Raleigh License #289607

Last Buyer's Agent

Katherine Cannon

O'Neal & Company License #305428

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,433

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 80x199x80x200
  • Landscaped
  • Native Plants
  • Flag Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Many Trees
  • Private Yard
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Private Driveway
  • Additional Parking
  • Off-Street Parking

Property Views

  • City
  • Garden
  • Neighborhood

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof
  • Lead Paint Disclosure

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Chandelier
  • Insulated Windows
  • Plantation Shutters
  • Blinds
  • Wood Frame Window
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Recreation Room
  • Bonus Room
  • Storage
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Double Master Bedroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer
  • Sink Near Laundry

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Fireplace in Basement
  • Workshop
  • Laundry in Basement
  • Stubbed For A Bathroom
  • Basement Storage

Home Security

  • Security System Owned
  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Courtyard
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Schools

  • Olds Elementary School
  • Martin Middle School
  • Broughton High School

Horse Facilities and Amenities

  • Grass Field

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Community Details

  • No Home Owners Association
  • Wilmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0794532204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,433

Year Built

Built in 1938 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1938
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 75688
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Wilmont
  • Above Grade Finished Sq Ft: 2356.0
  • Architectural Style: Georgian
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • General Property Information Lot Size Dimensions: 80x199x80x200
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Second
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Levels Three Or More: Yes
  • Room Types Recreation Room3: Yes
  • Basement Heated3: Yes
  • Basement Workshop3: Yes
  • In-Law Suite Details Separate Entry: Yes
  • Interior Features ApartmentSuite: Yes
  • Foundation Details Block3: Yes
  • Laundry Features In Basement: Yes
  • General Property Information Enhanced Accessible2: No
  • Interior Features Second Primary Bedroom: Yes
  • In-Law Suite Details With Kitchen: Yes
  • General Property Information Above Grade Finished Area: 2356.0
  • General Property Information Below Grade Finished Area: 297.0
  • Security Features Fire Alarm: Yes
  • Vegetation Cleared2: Yes
  • Utilities Electricity Connected: Yes
  • Room Types Laundry2: Yes
  • View Neighborhood4: Yes
  • Roof Architectural Shingle: Yes
  • Utilities Natural Gas Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Vegetation Grassed: Yes
  • Vegetation Partially Wooded: Yes
  • Disclosures Lead Based Paint: Yes
  • Laundry Features Lower Level: Yes
  • View Garden3: Yes
  • Laundry Features Sink: Yes
  • Structure Type Multi Family: Yes
  • Architectural Style Georgian: Yes
  • General Property Information Lot Size Square Feet2: 16117.2
  • General Property Information Lot Size Acres: 0.37
  • Security Features Security System Owned: Yes
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Apartment/Suite, Chandelier, Crown Molding, Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Recessed Lighting, Second Primary Bedroom, Separate Shower, Stone Counters, Storage
  • Basement: Bath/Stubbed, Exterior Entry, Finished, Heated, Interior Entry, Storage Space, Sump Pump, Workshop
  • Appliances: Built-In Electric Range, Built-In Gas Range, Dishwasher, Dryer, Freezer, Gas Cooktop, Ice Maker, Microwave, Washer/Dryer, Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 297.0
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Main Level Bathrooms: 1
  • Total Bedrooms: 11
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Fireplace Features:Living Room: Yes
  • Basement Finished: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Fireplace Features:Basement: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Appliances:Ice Maker: Yes
  • Interior Features:Crown Molding: Yes
  • Appliances:Freezer: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:Recessed Lighting: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Chandelier: Yes
  • Appliances:Built-In Gas Range: Yes
  • Appliances:Built-In Electric Range: Yes
  • Basement:Storage Space: Yes
  • Interior Features:Stone Counters: Yes
  • Basement:BathStubbed: Yes
  • Basement:Sump Pump: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Exterior Features: Courtyard, Garden, Lighting, Private Yard, Rain Gutters, Storage, Uncovered Courtyard
  • Acres: 0.37
  • Disclosures: Lead Based Paint
  • Construction Type: Block, Brick
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Patio, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Garden2: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Storm Window(s): Yes
  • Exterior Features:Lighting: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Many Trees: Yes
  • Exterior Features:Private Yard: Yes
  • Lot Features:Front Yard2: Yes
  • Construction Materials:Block2: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Private2: Yes
  • Exterior Features:Garden: Yes
  • Exterior Features:Courtyard: Yes
  • Lot Features:Native Plants: Yes
  • View:City3: Yes
  • Exterior Features:Uncovered Courtyard: Yes
  • Window Features:Plantation Shutters: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Flag Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Additional Parking, Concrete, Detached, Driveway, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Off Street, Oversized
  • Total Parking Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Detached: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Electric Vehicle Charging Station(s): Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Off Street: Yes
  • Other Structures:Garage(s): Yes
  • Parking Features:Oversized: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Fireplace(s), Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Water Heater: Yes
  • Heating:Fireplace(s): 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 - Martin

Lot Info

  • Lot Dimensions: 80x199x80x200
  • Lot Size Sq Ft: 16117.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 0794532204
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6433.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Olds

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

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $860,000 -7.5% $324 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
02/14/2025 02/14/25 Price Changed $929,999 -6.6% $351 / Sq Ft
01/30/2025 01/30/25 Price Changed $995,500 -9.1% $375 / Sq Ft
01/17/2025 01/17/25 For Sale $1,095,000 -- $413 / Sq Ft
Source: Doorify MLS

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 $6,433 $736,077 $446,250 $289,827
2023 $5,421 $493,658 $341,250 $152,408
2022 $5,038 $493,658 $341,250 $152,408
2021 $4,843 $493,658 $341,250 $152,408
2020 $4,755 $493,658 $341,250 $152,408
2019 $5,255 $450,032 $220,000 $230,032
2018 $4,957 $450,032 $220,000 $230,032
2017 $4,722 $450,032 $220,000 $230,032
2016 $4,625 $450,032 $220,000 $230,032
2015 $4,361 $417,278 $213,900 $203,378
2014 $4,137 $417,278 $213,900 $203,378
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $349,000 New Conventional
Previous Owner $353,600 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $115,600 Unknown
Previous Owner $142,800 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $860,000 None Listed On Document
Interfamily Deed Transfer -- --
Deed $173,000 --
Source: Public Records

About the Listing Agent

Johnny Chappell

Compass -- Raleigh

(984) 464-8064

Section Image

Chappell has been one of the leading independent real estate firms in the Triangle. Led by top Triangle real estate broker and developer Johnny Chappell, the team has become closely associated with contemporary, new-construction development, and represents hundreds of buyers and sellers throughout the region. This expert team notably launched and represented multiple award-winning properties throughout the Triangle – including the Clark Townhomes in The Village District and West + Lenoir in

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    • 5 Beds
    • 6 Baths
    • 5,000 Sq Ft
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    The sky’s the limit for this luxury new construction pre-sale! Nestled “inside the beltline”, 3413 Churchill boasts a one-of-a-kind opportunity for a tailor-made 5000+ sq ft home. Come alongside one of Raleigh’s finest custom builders and design the home of your dreams in one of the Triangle’s most coveted locations.

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    $2,125,000 Pending

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    • 4,701 Sq Ft
    • 1435 Duplin Rd
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    1435 Duplin redefines modern ITB luxury inside and out. As one of two single-family showcase-worthy homes underway on Duplin Road, 1435 embodies light-flooded luxury and an elevated approach to effortless Oak City living. Designed by the award-winning Nick Hammer Architecture and brought to life by local craftsmen, 1435 Duplin is more than a high-end home—it's a modern marvel offering 5

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    $1,460,000 New Construction

    • 4 Beds
    • 3.5 Baths
    • 2,743 Sq Ft
    • 1303 Chamblee Hill Ct
    • Raleigh, NC

    Oberlin Heights is here to overdeliver. Designed by award-winning firm The Raleigh Architecture Co. and crafted by local builders, the collection echoes quintessential Oak City charm while embracing the modern functionality of a 2024 build.Eleven townhomes offer nine curated layouts with various 2 - 4 BR, 2.5 - 3.5 BA + Flex Space*, and one-two car garage + covered parking* options across up to

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  • 1302 Chamblee Hill Ct, Raleigh, NC 27608

    $1,250,000 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,330 Sq Ft
    • 1302 Chamblee Hill Ct
    • Raleigh, NC

    Oberlin Heights is here to overdeliver. Designed by award-winning firm The Raleigh Architecture Co. and crafted by local builders, the collection echoes quintessential Oak City charm while embracing the modern functionality of a 2024 build.Eleven townhomes offer nine curated layouts with various 2 - 4 BR, 2.5 - 3.5 BA + Flex Space*, and one-two car garage + covered parking* options across up to

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  • 1308 Chamblee Hill Ct, Raleigh, NC 27608

    $1,050,000 New Construction

    • 2 Beds
    • 2.5 Baths
    • 2,114 Sq Ft
    • 1308 Chamblee Hill Ct
    • Raleigh, NC

    Oberlin Heights is here to overdeliver. Designed by award-winning firm The Raleigh Architecture Co. and crafted by local builders, the collection echoes quintessential Oak City charm while embracing the modern functionality of a 2024 build.Eleven townhomes offer nine curated layouts with various 2 - 4 BR, 2.5 - 3.5 BA + Flex Space*, and one-two car garage + covered parking* options across up to

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  • 1310 Chamblee Hill Ct, Raleigh, NC 27608

    $1,055,450 Pending

    • 2 Beds
    • 2.5 Baths
    • 2,114 Sq Ft
    • 1310 Chamblee Hill Ct
    • Raleigh, NC

    Oberlin Heights is here to overdeliver. Designed by award-winning firm The Raleigh Architecture Co. and crafted by local builders, the collection echoes quintessential Oak City charm while embracing the modern functionality of a 2024 build.Eleven townhomes offer nine curated layouts with various 2 - 4 BR, 2.5 - 3.5 BA + Flex Space*, and one-two car garage + covered parking* options across

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  • 1406 Lyon St Unit 101, Raleigh, NC 27608

    $1,575,000 New Construction

    • 5 Beds
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    • 4,414 Sq Ft
    • 1406 Lyon St
    • Unit 101
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  • 615 W Peace St Unit 201, Raleigh, NC 27605

    $549,000 New Construction

    • 2 Beds
    • 2 Baths
    • 1,099 Sq Ft
    • 615 W Peace St
    • Unit 201
    • Raleigh, NC

    Prioritize your proximity at 615 Peace, where modern, maintenance-free living meets the vibrancy of DTR's Glenwood South. Plus, most modern condos here come with $10,000 in covered closing costs, because moving to one of Raleigh's hottest spots should be as smooth as your new skyline view.Perched on Peace Street, 615's bold masonry and sleek mixed-metal exterior blend seamlessly with the

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  • 615 W Peace St Unit 301, Raleigh, NC 27605

    $589,000 New Construction

    • 2 Beds
    • 2 Baths
    • 1,099 Sq Ft
    • 615 W Peace St
    • Unit 301
    • Raleigh, NC

    Prioritize your proximity at 615 Peace, where modern, maintenance-free living meets the vibrancy of DTR's Glenwood South. Plus, most modern condos here come with $10,000 in covered closing costs, because moving to one of Raleigh's hottest spots should be as smooth as your new skyline view.Perched on Peace Street, 615's bold masonry and sleek mixed-metal exterior blend seamlessly with the

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Source: Doorify MLS

MLS Number: 10071506

Doorify MLS

APN: 0794.15-53-2204-000