2 months on rocket

1012 Palace Garden Way, Raleigh, NC, 27603

$454,000

Home List Price

$5,391*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,457 SqFt
$185/SqFt
Townhouse

Location

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1012 Palace Garden Way, Raleigh$454,000

Buyer Closing Credits

$5,391*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Attached Garage2 spaces
Year Built2008
HeatingNatural Gas
CoolingCentral Air
FireplaceFamily Room
MLS #10056857
Lot Size0.07 Acres
StatusActive

About 1012 Palace Garden Way

Welcome home to this spacious townhome that offers the charm of downtown living without the hassle of parking! Designed to provide the space of a single-family home with none of the maintenance, this townhome is ideal for anyone seeking convenience and comfort. The heart of the home is the kitchen, featuring a central island perfect for meal prep and entertaining, a cozy breakfast area, and a keeping space for informal gatherings. For special occasions, enjoy the formal dining room. The oversized laundry room provides plenty of storage space, ensuring organization is effortless. Upstairs, you'll find a versatile loft area that can be used as a home office, playroom, or additional living space. The owner's suite is a true retreat with a grand bedroom that includes an additional sitting area, ideal for relaxation or reading. Step outside onto your screened porch and soak up the sunshine or enjoy a morning coffee. The rear-entry garage enhances curb appeal and privacy, allowing space for a welcoming front porch with room for a swing—perfect for unwinding after a long day. Experience the perfect balance of downtown living with modern conveniences in this beautiful townhome.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2008
  • Living Area: 2,457 SqFt

Listing Office:

  • Office Name: Integrity Realty Team
  • Office Phone: (919) 374-3074
  • Listing Agent: Kim D Curry

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave
  • Flooring Type: Carpet, Hardwood
  • Interior: Entrance Foyer, Kitchen Island, Separate Shower, Soaking Tub
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Chapanoke Rd; rt on Palace Garden Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $454,000
  • Price Per SqFt: $185/SqFt

HOA Fees:

  • Amount: $224
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,962
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

Med. Sold Price

$448.4K

Med. Price/SqFt

$234

Avg. Days On Market

42

# of Sold Homes

425

1012 Palace Garden Way vs Raleigh

71 DAYS ON ROCKET

+29 Days

$454,000

+$5.5K More

$185/SqFt

-$49 Less

KEY TAKEAWAY

This property is $5.5K more than the Median Sold Price and $49/SqFt less than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10056857

Listing Office:

  • Office Name: Integrity Realty Team
  • Office Phone: (919) 374-3074
  • Listing Agent: Kim D Curry

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 28, 2016Home Sold
$259,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,962$302,379
2020$2,908$302,379
2019$2,812$255,615
2018$2,679$255,615

History based on county public records data.

Payment Calculator

$2,407

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,428

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4269101
4
/10
  • Smith Magnet Elementary School

  • 1101 Maxwell Dr

  • 1.95 miles

  • Public Magnet Grades PK-5

school-card-donut-4269102
4
/10
  • Washington Magnet Elementary School

  • 1000 Fayetteville St

  • 2.08 miles

  • Public Magnet Grades PK-5

school-card-donut-4269103
4
/10
  • Pave Southeast Raleigh Charter

  • 3420 Idlewood Village Dr

  • 2.16 miles

  • Public Charter Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,964. Typical income of Raleigh, NC residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1012 Palace Garden Way

What is the listing price of this property?

The listing price of 1012 Palace Garden Way property is $454,000.

What type of property is this?

The property 1012 Palace Garden Way is a townhouse located in Raleigh, North Carolina, 27603.

Is this property for sale now?

Active Listing: 1012 Palace Garden Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,962 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 28, 2016 for $259,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1012 Palace Garden Way has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1012 Palace Garden Way is 2,457 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1012 Palace Garden Way is 2008.

Rocket Homes›North Carolina›Wake County›Raleigh›27603›1012 Palace Garden Way

This home is located at 1012 Palace Garden Way in Raleigh, NC and zip code 27603 in the Southwest Raleigh neighborhood. This 2,457 square foot home, which was built in 2008, sits on a 0.07 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $454,000.

Raleigh, NC housing market in November 2024 saw over 67 listings sold above listed price, more than 101 sold at listed price and over 257 sold below. In November 2024 in Raleigh, NC there were 9.7% less homes for sale than in October 2024. In November 2024 median list price was $448,424 and the average listing age was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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