524 New Bern Ave Raleigh, NC 27601
Olde East Raleigh Neighborhood
--
Bed
1
Bath
1,560
Sq Ft
5,227
Sq Ft Lot
Highlights
- Traditional Architecture
- No HOA
- No Heating
- Root Elementary School Rated A
- 1-Story Property
About This Home
As of March 2025Price Reduction!! INVESTORS!!! Builders!! Land developers! This one is for you. This 1930's era home is in need of substancial re-hab or would be an amazing opportunity to tare down and build on a lot in a PRIME downtown Raleigh location. The home next door is also listed for sale. Could be a potential amazing office location or even multi-family built here. Million dollar new construction directly across the street. Right around the corner from Marbles Museum, tons of resturaunts that Raleigh has to offer. Pics of actual homes across the street pictured on pics. Please call listing agent with any questions. Cash sale only.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,806
Year Built
- Built in 1930
Lot Details
- 5,227 Sq Ft Lot
Home Design
- Traditional Architecture
- Brick Foundation
- Shingle Roof
Interior Spaces
- 1 Full Bathroom
- 1,560 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
- Assessor Parcel Number 1703.28-98-4908 0017814
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2025 03/05/25 | Sold | $340,000 | -12.8% | $218 / Sq Ft |
| 11/26/2024 11/26/24 | Pending | -- | -- | -- |
| 11/06/2024 11/06/24 | Price Changed | $390,000 | -2.5% | $250 / Sq Ft |
| 10/29/2024 10/29/24 | For Sale | $400,000 | 0.0% | $256 / Sq Ft |
| 10/06/2024 10/06/24 | Pending | -- | -- | -- |
| 09/25/2024 09/25/24 | For Sale | $400,000 | -- | $256 / 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 | $2,806 | $320,822 | $313,620 | $7,202 |
| 2023 | $2,636 | $240,002 | $235,215 | $4,787 |
| 2022 | $2,450 | $240,002 | $235,215 | $4,787 |
| 2021 | $2,355 | $240,002 | $235,215 | $4,787 |
| 2020 | $2,313 | $240,002 | $235,215 | $4,787 |
| 2019 | $1,676 | $142,904 | $68,056 | $74,848 |
| 2018 | $1,581 | $142,904 | $68,056 | $74,848 |
| 2017 | $1,507 | $142,904 | $68,056 | $74,848 |
| 2016 | $1,476 | $142,904 | $68,056 | $74,848 |
| 2015 | $888 | $83,861 | $57,497 | $26,364 |
| 2014 | -- | $83,861 | $57,497 | $26,364 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,939,957 | Credit Line Revolving |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $340,000 | None Listed On Document | |
| Deed | $15,500 | -- |
Source: Public Records
Similar Homes in Raleigh, NC
Source: Doorify MLS
MLS Number: 10054604
APN: 1703.28-98-4908-000
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