Gorgeous new construction in downtown Raleigh! Easy walk to Transfer Co. Food Hall! Sip coffee on your upstairs balcony while taking in Raleigh's skyline. This 3 bed/2.5 bath home features an open concept main living space with fireplace and wet bar. Great for entertaining! Kitchen features quartz countertops, stainless steel brand new appliances, and shaker style cabinets with tons of storage (Please note a change in the Decorative Selections document: it states that the upper kitchen cabinets will be white. In actuality all kitchen cabinets are grey.)! Two-car garage!! No HOA; great opportunity for short-term or mid-term rental investors (see city of Raleigh's short-term rental regulations).
Sold for $550,000
$550,000
727 Martin Luther King Jr Blvd, Raleigh, NC 27601
3beds
1,541sqft
Single Family Residence, Residential
Built in 2023
2,613.6 Square Feet Lot
$549,400 Zestimate®
$357/sqft
$2,801 Estimated rent
Home value
$549,400
$516,000 - $582,000
$2,801/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 05:12pm
Listed by:
Joe Kolousek 503-935-1989,
Society Real Estate, LLC
Bought with:
Jeffrey Richard Wood, 316574
EXP Realty LLC
Source: Doorify MLS,MLS#: 2489083
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Natural Gas, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Gas Water Heater, Tankless Water Heater
- Laundry: Upper Level
Features
- Kitchen/Dining Room Combination, Walk-In Shower
- Flooring: Hardwood, Tile
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 1,541
- Total interior livable area: 1,541 sqft
- Finished area above ground: 1,541
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Driveway, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Has view: Yes
Lot
- Size: 2,613 sqft
- Dimensions: 50' x 50'
Details
- Parcel number: 1713141676
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence, Residential
Materials
- Fiber Cement
Condition
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Raleigh
- Subdivision: Not in a Subdivision
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2025 | Listing removed | $565,000$367/sqft |
Source:  Doorify MLS #10072292 Report a problem | ||
| 6/1/2025 | Price change | $565,000-1.7%$367/sqft |
Source: Doorify MLS #10072292 Report a problem | ||
| 5/1/2025 | Price change | $575,000-0.9%$373/sqft |
Source: Doorify MLS #10072292 Report a problem | ||
| 4/1/2025 | Price change | $580,000-0.9%$376/sqft |
Source: Doorify MLS #10072292 Report a problem | ||
| 2/25/2025 | Price change | $585,000-0.8%$380/sqft |
Source: Doorify MLS #10072292 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,401 -7.8% | $547,376 |
| 2024 | $4,774 +91.7% | $547,376 +58.7% |
| 2023 | $2,491 +355.5% | $344,813 +538.5% |
Find assessor info on the county website
Neighborhood: South Central
Nearby schools
GreatSchools rating
- 8/10Hunter Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 7/10Ligon MiddleGrades: 6-8Distance: 0.3 mi
- 7/10William G Enloe HighGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Wake County Schools
- Middle: Wake County Schools
- High: Wake County Schools
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$549,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$549,400