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316 E S St, Raleigh, NC, 27601

$1,400,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,310 SqFt
$606/SqFt
House

Location

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316 E S St, Raleigh$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, On Street
Year Built1907
HeatingCentral, Natural Gas
CoolingCentral Air
MLS #10061415
Lot Size0.14 Acres
StatusActive

About 316 E S St

OPEN HOUSE 1:00 - 3:00 p.m. DECEMBER 15, 2024. What a great investment opportunity near downtown Raleigh, one of the fastest growing cities in the Southeast. 310 (MLS# 10064429) and 316 E. South Street are zoned R-10 and intended to accommodate moderate-density residential development, either as single-family attached or detached dwellings on each lot. The large Victorian home is adjacent to a similarly sized parcel that is ready for development. The properties will be sold as a package for a price of $2.5M. The property is within a short distance to Shaw University, Martin Marietta Center for the Performing Arts and downtown Raleigh. Easy access to I-40. The 2 story home, located close to downtown Raleigh, the Martin Marietta Center for the Performing Arts and Shaw University, is a great investment opportunity and ready for renovations. Enjoy time on the rear deck and view of the rock garden. Property being sold 'as is.' Seller will make no repairs.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1907
  • Living Area: 2,310 SqFt

Listing Office:

  • Office Name: Agent Group Realty
  • Office Phone: (704) 271-9787
  • Listing Agent: Tama Bouncer

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator, Water Heater
  • Basement: No
  • Flooring Type: Vinyl, Wood
  • Interior: Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence, Deck

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, On Street

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Martin Luther King, Jr. Blvd towards downtown; R onto S. Bloodworth St.; L onto E. South St; property is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000
  • Price Per SqFt: $606/SqFt

Tax Information:

  • Annual Amount: $2,717
  • 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

316 E S St vs Raleigh

46 DAYS ON ROCKET

+4 Days

$1,400,000

+$951.5K More

$606/SqFt

+$372 More

KEY TAKEAWAY

This property is $951.5K more than the Median Sold Price and $372/SqFt more than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Doorify MLS
  • MLS Number: #10061415

Listing Office:

  • Office Name: Agent Group Realty
  • Office Phone: (704) 271-9787
  • Listing Agent: Tama Bouncer

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$2,717$277,205
2020$2,667$277,205
2019$1,648$149,029
2018$1,570$149,029

History based on county public records data.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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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-4393797
4
/10

  • Washington Magnet Elementary School

  • 1000 Fayetteville St

  • 0.55 miles

  • Public Magnet Grades PK-5

school-card-donut-4393798
3
/10

  • Hunter Magnet Elementary School

  • 1018 E Davie St

  • 0.69 miles

  • Public Magnet Grades PK-5

school-card-donut-4393799
4
/10

  • Southeast Raleigh Elementary School

  • 1436 Rock Quarry Rd

  • 1.31 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,243. Most Raleigh, NC residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 316 E S St

What is the listing price of this property?

The listing price of 316 E S St property is $1,400,000.

What type of property is this?

The property 316 E S St is a house located in Raleigh, North Carolina, 27601.

Is this property for sale now?

Active Listing: 316 E S 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 $2,717 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 316 E S St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 316 E S St is 2,310 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 316 E S St is 1907.

Rocket Homes›North Carolina›Wake County›Raleigh›27601›316 E S St

This home is located at 316 E S St in Raleigh, NC and zip code 27601 in the Inside the Beltline neighborhood. This 2,310 square foot home, which was built in 1907, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $1,400,000.

Over 67 listings were sold over their listed price in November 2024 in Raleigh, NC. In the same period over 257 listings were sold below the listed price and 101 listings were sold for the listed price. The inventory of homes for sale in Raleigh, NC between October 2024 and November 2024 decreased by 9.7%. The median list price of listings available in November 2024 was $448,424, while the average time on the real estate market was 42 days.

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

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