1 month on rocket

505 Colleton Rd, Raleigh, NC, 27610

$895,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,354 SqFt
$380/SqFt
House

Location

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505 Colleton Rd, Raleigh$895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway, Parking Pad
Year BuiltNew Const., 2024
HeatingENERGY STAR Qualified Equipment, Forced Air
CoolingCentral Air, ENERGY STAR Qualified Equipment, Ceiling Fan(s)
FireplaceFamily Room, Gas
MLS #10064123
Lot Size0.25 Acres
StatusActive

About 505 Colleton Rd

STUNNING NEW CONSTRUCTION MODERN HOME IN A PRIME RALEIGH LOCATION, Discover this beautifully crafted home that combines modern design with exceptional convenience. Situated just minutes from Downtown Raleigh, Raleigh Country Club, and some of the area's top-rated schools, this property offers unparalleled access to the best the city has to offer. SEE ENTIRE WALKTHROUGH VIDEO, USING VIRTUAL TOUR or SEARCH YOUTUBE for 505 Colleton rd. Set on an expansive 1/4-acre lot—an exceptional find in the heart of Raleigh—you'll have the flexibility to add a pool, accessory dwelling unit (ADU), or garage in the future. Inside, the energy-efficient, Energy Star-certified design ensures long-term savings on your utility costs. The open-concept living space boasts a chef-inspired kitchen with sleek quartz countertops, stainless steel appliances, and plenty of room to entertain. Retreat to the luxurious primary suite, featuring a spa-like bath with a spacious soaking tub, an oversized shower, and double vanities adorned with elegant blue glass sinks and quartz countertops. Welcome home to modern comfort, timeless design, and a lifestyle of convenience and sophistication!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Modernist
  • Year Built: 2024
  • Living Area: 2,354 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 584-9431
  • Listing Agent: Eric Mikus

Interior Features

Interior Information:

  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, Range, Smart Appliance(s), Stainless Steel Appliance(s), Tankless Water Heater, Wine Cooler
  • Flooring Type: Hardwood, Tile
  • Interior: Bathtub/Shower Combination, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Separate Shower, Smart Thermostat, Smooth Ceilings, Soaking Tub, Wet Bar
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Back Fence, Fence, Wood Fence, Awnings, Porch/Covered, Patio, Porch, Private Yard

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Driveway, Parking Pad

Virtual/3D Tour

  • Virtual Tour: 505 Colleton Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: ENERGY STAR Qualified Equipment, Forced Air
  • Cooling: Central Air, ENERGY STAR Qualified Equipment, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Heading north on N Raleigh blvd, turn Right on to Milburnie rd. take your first right on to Colleton Rd. Home will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $895,000
  • Price Per SqFt: $380/SqFt

Tax Information:

  • Annual Amount: $2,241
  • 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

505 Colleton Rd vs Raleigh

40 DAYS ON ROCKET

-2 Days

$895,000

+$446.5K More

$380/SqFt

+$146 More

KEY TAKEAWAY

This property is $446.5K more than the Median Sold Price and $146/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: #10064123

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 584-9431
  • Listing Agent: Eric Mikus

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: 12/30/2024, 9:21:07 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

May 15, 2006Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,241$228,293
2020$2,200$228,293
2019$1,384$124,841
2018$1,319$124,841

History based on county public records data.

Payment Calculator

$4,534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,750

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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-2229218
3
/10

  • Powell Magnet Elementary School

  • 1130 Marlborough Rd

  • 0.78 miles

  • Public Magnet Grades PK-5

school-card-donut-2229219
6
/10

  • Poe Magnet Elementary School

  • 400 Peyton St

  • 1.04 miles

  • Public Magnet Grades PK-5

school-card-donut-2229220
3
/10

  • Hunter Magnet Elementary School

  • 1018 E Davie St

  • 1.05 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 $52,083. The majority of Raleigh, NC residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Colleton Rd

What is the listing price of this property?

The listing price of 505 Colleton Rd property is $895,000.

What type of property is this?

The property 505 Colleton Rd is a house located in Raleigh, North Carolina, 27610.

Is this property for sale now?

Active Listing: 505 Colleton Rd 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 $2,241 (source: MLS/based on county public records data).

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

The last sale was on May 15, 2006 for $70,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 Colleton Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 505 Colleton Rd is 2,354 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Colleton Rd is 2024.

Rocket Homes›North Carolina›Wake County›Raleigh›27610›505 Colleton Rd

This home is located at 505 Colleton Rd in Raleigh, NC and zip code 27610 in the Inside the Beltline neighborhood. This 2,354 square foot home, which was built in 2024, sits on a 0.25 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $895,000.

While more than 67 listings in Raleigh, NC in November 2024 were sold above asking price, there were more than 101 listings sold at asking price, and more than 257 were sold below. The number of listings in Raleigh, NC decreased by 9.7% between October 2024 and November 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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