Pending

Price cut: $5K (11/14)

$554,900

500 Banks St, Raleigh, NC 27604

3beds

1,211sqft

Est.:

Single Family Residence, Residential

Built in 1957

0.28 Acres Lot

$535,400 Zestimate^®

$458/sqft

$-- HOA

What's special

Refinished hardwoodsAbundant natural lightOpen patioBeautifully landscaped fenced backyardStorage closetGas range with hoodLeathered granite

Special Financing 2/1 buy down! Completely renovated 1957 Woodcrest brick ranch with modern flair in the heart of downtown Raleigh! This stunning 3-bed, 1-bath home was fully remodeled in 2018 with updates including roof, windows, doors, electrical, plumbing, and cabinets. New water heater (2024). Enjoy refinished hardwoods, abundant natural light, and designer touches throughout. The kitchen features 42'' gray cabinets, leathered granite, a gas range with hood, SS appliances, a French-door fridge, and oil-rubbed hardware. The stylish bath includes floor-to-ceiling tile and a 3-sided tub/shower surround. Outside, relax under the covered back porch or entertain on the open patio overlooking the beautifully landscaped, fenced backyard with a storage closet. Walk to Tap Yard Brewing, Gateway Plaza, or Lions Park, and enjoy easy access to downtown Raleigh, RDU, RTP, and shopping. A rare blend of classic charm and modern design—this one is a must-see!

67 days

639

39

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Free-Standing Gas Range, Ice Maker, Microwave, Range, Refrigerator
Laundry: In Kitchen, Laundry Closet

Features

Bathtub/Shower Combination, Built-in Features, Pantry, Ceiling Fan(s), Crown Molding, Entrance Foyer, Granite Counters, High Speed Internet, Open Floorplan, Master Downstairs, Recessed Lighting, Smooth Ceilings
Flooring: Tile, Wood

Interior area

Total structure area: 1,211
Total interior livable area: 1,211 sqft
Finished area above ground: 1,211
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3
Parking features: Concrete
Uncovered spaces: 3

Accessibility

Accessibility features: Level Flooring

Features

Levels: One
Stories: 1
Patio & porch: Front Porch, Patio
Exterior features: Fenced Yard, Garden
Pool features: None
Spa features: None
Fencing: Back Yard, Privacy
Has view: Yes

Lot

Size: 0.28 Acres
Features: Cleared, Corner Lot, Landscaped, Level

Details

Parcel number: 1714469930
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch, Transitional
Property subtype: Single Family Residence, Residential

Materials

Brick, Fiber Cement, Wood Siding
Foundation: Brick/Mortar
Roof: Shingle

Condition

New construction: No
Year built: 1957

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Woodcrest

HOA

Has HOA: No
Amenities included: None

Location

Region: Raleigh

Financial & listing details

Price per square foot: $458/sqft
Tax assessed value: $514,965
Annual tax amount: $4,511
Date on market: 10/22/2025

Estimated market value

$535,400

$509,000 - $562,000

$1,773/mo

Price history

Date	Event	Price
12/26/2025	Pending sale	$554,900$458/sqft
Source: Doorify MLS #10129013 Report a problem
11/14/2025	Price change	$554,900-0.9%$458/sqft
Source: Doorify MLS #10129013 Report a problem
10/22/2025	Listed for sale	$559,900+65.7%$462/sqft
Source: Doorify MLS #10129013 Report a problem
4/27/2018	Sold	$338,000+4%$279/sqft
Source: Doorify MLS #2177745 Report a problem
4/4/2018	Pending sale	$325,000$268/sqft
Source: Allen Tate Company/Raleigh-Glenwood #2177745 Report a problem