Price 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.
Sold for $340,000
$340,000
524 New Bern Ave, Raleigh, NC 27601
0beds
1,560sqft
Single Family Residence, Residential
Built in 1930
5,227.2 Square Feet Lot
$458,900 Zestimate®
$218/sqft
$2,082 Estimated rent
Home value
$458,900
$376,000 - $560,000
$2,082/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 12:34am
Listed by:
Laura Thompson Vevurka 919-279-5912,
FAB Real Estate Services, LLC
Bought with:
Pashuan Reed, 303268
Pashuan4Homes Realty
Source: Doorify MLS,MLS#: 10054604
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- None
Features
- Flooring: See Remarks
Interior area
- Total structure area: 1,560
- Total interior livable area: 1,560 sqft
- Finished area above ground: 1,560
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Open
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Size: 5,227 sqft
Details
- Parcel number: 1703.28984908 0017814
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Other
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Raleigh
- Subdivision: Not in a Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2025 | Sold | $340,000-12.8%$218/sqft |
Source:  Doorify MLS #10054604 Report a problem | ||
| 11/26/2024 | Pending sale | $390,000$250/sqft |
Source: Doorify MLS #10054604 Report a problem | ||
| 11/6/2024 | Price change | $390,000-2.5%$250/sqft |
Source: Doorify MLS #10054604 Report a problem | ||
| 10/29/2024 | Listed for sale | $400,000$256/sqft |
Source: Doorify MLS #10054604 Report a problem | ||
| 10/7/2024 | Pending sale | $400,000$256/sqft |
Source: Doorify MLS #10054604 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,818 +0.4% | $648,553 +102.2% |
| 2024 | $2,806 +6.5% | $320,822 +33.7% |
| 2023 | $2,636 +7.6% | $240,002 |
Find assessor info on the county website
Neighborhood: South Central
Nearby schools
GreatSchools rating
- 7/10Root Elementary SchoolGrades: PK-5Distance: 3.3 mi
- 6/10Moore Square Museum Magnet MidGrades: 6-8Distance: 0.3 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Wake - Powell
- Middle: Wake - Ligon
- High: Wake - Broughton
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$458,900