3 months on rocket

1512 Montrose St, Raleigh, NC, 27603

$425,000

Home List Price

$5,047*

Closing Credit

2 Bedrooms
1 Full Bath
1,120 SqFt
$379/SqFt
House

Location

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1512 Montrose St, Raleigh$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport
Year Built1910
HeatingGas Pack
CoolingCeiling Fan(s), Central Air, Gas Pack
MLS #10047499
Lot Size0.14 Acres
StatusActive

About 1512 Montrose St

PRIME LOCATION! Minutes to downtown Raleigh, NC State Farmer's Market and Trophy Brewing in Caraleigh Mills. This charming 1910 bungalow offers significant potential as a long term rental or fix and flip. With it's historic character and desirable location, there is potential appreciation in Raleigh's thriving real estate market inside the beltline. By modernizing key areas and preserving historic elements you can create a highly desirable property that could yield a substantial return on investment. Currently being used as a 3 bedroom. Third bedroom does have a window but no closet. New gas pack unit 2024, new roof 2012. Home being sold AS IS.

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame, Bungalow, Ranch
  • Year Built: 1910
  • Living Area: 1,120 SqFt

Listing Office:

  • Office Name: Coldwell Banker HPW
  • Office Phone: (919) 876-8824
  • Listing Agent: Vikki Smith Earp

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Electric Range, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Laminate
  • Interior: Bathtub/Shower Combination, Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck

Parking Information:

  • Attached Garage: No
  • Parking: Attached Carport

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Gas Pack
  • Cooling: Ceiling Fan(s), Central Air, Gas Pack

Other

Directions Information:

  • Directions: From Downtown Raleigh head 70 East towards South Saunders Street . Turn right on Maywood Avenue. Go 700 Feet and turn left on Montrose Street. Home is second house on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $379/SqFt

Tax Information:

  • Annual Amount: $1,363
  • Tax Year: 2021
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Housing Market Comparison

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

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Raleigh, NC

City

Med. Sold Price

$442.3K

Med. Price/SqFt

$233

Avg. Days On Market

36

# of Sold Homes

467

1512 Montrose St vs Raleigh

90 DAYS ON ROCKET

+54 Days

$425,000

-$17.3K Less

$379/SqFt

+$145 More

KEY TAKEAWAY

This property is $17.3K less than the Median Sold Price and $145/SqFt more 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: #10047499

Listing Office:

  • Office Name: Coldwell Banker HPW
  • Office Phone: (919) 876-8824
  • Listing Agent: Vikki Smith Earp

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: 11/14/2024, 11:50:54 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

Apr 11, 2005Home Sold
$33,457

Tax History

YEARPROP. TAXASSESSMENT
2021$1,363$138,074
2020$1,338$138,074
2019$1,079$97,003
2018$1,029$97,003

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-429633
4
/10

  • Washington Magnet Elementary School

  • 1000 Fayetteville St

  • 0.72 miles

  • Public Magnet Grades PK-5

school-card-donut-429634
6
/10

  • Wiley Magnet Elementary School

  • 301 Saint Marys St

  • 1.72 miles

  • Public Magnet Grades PK-5

school-card-donut-429635
3
/10

  • Hunter Magnet Elementary School

  • 1018 E Davie St

  • 1.90 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,857. The most common annual income of people living in Raleigh, NC is between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1512 Montrose St

What is the listing price of this property?

The listing price of 1512 Montrose St property is $425,000.

What type of property is this?

The property 1512 Montrose St is a house located in Raleigh, North Carolina, 27603.

Is this property for sale now?

Active Listing: 1512 Montrose St 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 $1,363 (source: MLS/based on county public records data).

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

The last sale was on April 11, 2005 for $33,457. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1512 Montrose St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1512 Montrose St is 1,120 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1512 Montrose St is 1910.

Rocket Homes›North Carolina›Wake County›Raleigh›27603›1512 Montrose St

This home is located at 1512 Montrose St in Raleigh, NC and zip code 27603 in the Southwest Raleigh neighborhood. This 1,120 square foot home, which was built in 1910, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $425,000.

In October 2024 more than 94 listings in Raleigh, NC were sold above the asking price. During the same period more than 103 listings were sold at asking price, while more than 270 were sold below. The inventory of homes for sale in Raleigh, NC between September 2024 and October 2024 increased by 2.3%. The median list price of listings available in October 2024 was $442,333, while the average time on the real estate market was 36 days.

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

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