5 months on rocket

209 Freeman St, Raleigh, NC, 27610

$395,000

Home List Price

$4,691*

Closing Credit

0 Baths
1 SqFt
$395,000/SqFt
Multi

Location

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209 Freeman St, Raleigh$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1920
HeatingNone
CoolingNone
MLS #10038263
StatusActive

About 209 Freeman St

HUGE PRICE ADJUSTMENT! Attention builders and investors, this is an amazing opportunity, located in the heart of Downtown Raleigh. This duplex offers (2) units with additional space. This duplex potentially could be converted to a single family home if that fits your interest. This is a top-bottom duplex. The bottom has been gutted and contents hauled away. Upstairs shows a bit of the original construction. It's worth a look if you're a serious investor or builder. New single family homes of this size are selling upwards of $900k near there, Uninhabitable as it is.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1920
  • Living Area: 1 SqFt

Listing Office:

  • Office Name: Front Door Properties, LLC
  • Office Email: deansellsraleigh@gmail.com
  • Listing Agent: Dean Mueck

Interior Features

Interior Information:

  • Flooring Type: Wood, None, Other

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: Take 440 to exit 13A for New Bern Ave. Left on N Tarboro St. Rt on E Hargett, left on Freeman St. House is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $395,000/SqFt

Tax Information:

  • Annual Amount: $1,467
  • 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

$448.4K

Med. Price/SqFt

$234

Avg. Days On Market

42

# of Sold Homes

425

209 Freeman St vs Raleigh

173 DAYS ON ROCKET

+131 Days

$395,000

-$53.4K Less

$395,000/SqFt

+$394.7K More

KEY TAKEAWAY

This property is $53.4K less than the Median Sold Price and $394.7K/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: #10038263

Listing Office:

  • Office Name: Front Door Properties, LLC
  • Office Email: deansellsraleigh@gmail.com
  • Listing Agent: Dean Mueck

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, 11:51:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,467$146,699
2020$1,441$146,699
2019$940$82,423
2018$897$82,423

History based on county public records data.

Payment Calculator

$2,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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NMLS#3030

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-4387637
3
/10

  • Hunter Magnet Elementary School

  • 1018 E Davie St

  • 0.21 miles

  • Public Magnet Grades PK-5

school-card-donut-4387638
6
/10

  • Poe Magnet Elementary School

  • 400 Peyton St

  • 1.09 miles

  • Public Magnet Grades PK-5

school-card-donut-4387639
4
/10

  • Washington Magnet Elementary School

  • 1000 Fayetteville St

  • 1.23 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 $22,535. The majority of Raleigh, NC residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Wake County›Raleigh›27610›209 Freeman St

This home is located at 209 Freeman St in Raleigh, NC and zip code 27610 in the Inside the Beltline neighborhood. This 1 square foot home was built in 1920. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $395,000.

In November 2024, from all listings sold in Raleigh, NC there were more than 67 sold above asking price, over 257 sold below and more than 101 were sold right at the asked price. In November 2024 in Raleigh, NC there were 9.7% less homes for sale than in October 2024. While the average time on the market in November 2024 was 42 days, the median list price was $448,424.

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

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