1 month on rocket

524 New Bern Ave, Raleigh, NC, 27601

$390,000

Home List Price

$4,631*

Closing Credit

1 Full Bath
1,560 SqFt
$250/SqFt
House

Location

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524 New Bern Ave, Raleigh$390,000

Buyer Closing Credits

$4,631*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1930
HeatingNone
CoolingNone
MLS #10054604
Lot Size0.12 Acres
StatusActive

About 524 New Bern Ave

Price Reduction!! INVESTORS!!! Builders!! Land developers! This one is for you. This 1930's era home is in need of substancial re-hab or would be an amazing opportunity to tare down and build on a lot in a PRIME downtown Raleigh location. The home next door is also listed for sale. Could be a potential amazing office location or even multi-family built here. Million dollar new construction directly across the street. Right around the corner from Marbles Museum, tons of resturaunts that Raleigh has to offer. Pics of actual homes across the street pictured on pics. Please call listing agent with any questions. Cash sale only.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1930
  • Living Area: 1,560 SqFt

Listing Office:

  • Office Name: FAB Real Estate Services, LLC
  • Office Phone: (919) 262-6828
  • Listing Agent: Laura Thompson Vevurka

Interior Features

Interior Information:

  • Flooring Type: See Remarks

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: Turn right fro S Person St onto New Bern Avenue home on the Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $390,000
  • Price Per SqFt: $250/SqFt

Tax Information:

  • Annual Amount: $2,355
  • 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

524 New Bern Ave vs Raleigh

51 DAYS ON ROCKET

+15 Days

$390,000

-$52.3K Less

$250/SqFt

+$16 More

KEY TAKEAWAY

This property is $52.3K less than the Median Sold Price and $16/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: #10054604

Listing Office:

  • Office Name: FAB Real Estate Services, LLC
  • Office Phone: (919) 262-6828
  • Listing Agent: Laura Thompson Vevurka

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: 11/15/2024, 2:20:57 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$2,355$240,002
2020$2,312$240,002
2019$1,581$142,904
2018$1,507$142,904

History based on county public records data.

Payment Calculator

$2,014

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,236

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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-406250
3
/10

  • Hunter Magnet Elementary School

  • 1018 E Davie St

  • 0.59 miles

  • Public Magnet Grades PK-5

school-card-donut-406251
4
/10

  • Washington Magnet Elementary School

  • 1000 Fayetteville St

  • 1.08 miles

  • Public Magnet Grades PK-5

school-card-donut-406252
6
/10

  • Partnership Magnet Elementary School

  • 601 Devereux St

  • 1.15 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 $22,011. The most common annual income of people living in Raleigh, NC is less than $35k. 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

Frequently Asked Questions About 524 New Bern Ave

What is the listing price of this property?

The listing price of 524 New Bern Ave property is $390,000.

What type of property is this?

The property 524 New Bern Ave is a house located in Raleigh, North Carolina, 27601.

Is this property for sale now?

Active Listing: 524 New Bern Ave 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 $2,355 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 524 New Bern Ave has 1 bathroom..

What is the square footage of this property?

The property 524 New Bern Ave is 1,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 524 New Bern Ave is 1930.

Rocket Homes›North Carolina›Wake County›Raleigh›27601›524 New Bern Ave

This home is located at 524 New Bern Ave in Raleigh, NC and zip code 27601 in the Inside the Beltline neighborhood. This 1,560 square foot home, which was built in 1930, sits on a 0.12 acre lot. Features: 1 bathroom. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $390,000.

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. Between September 2024 and October 2024, Raleigh, NC real estate market has seen increase in the number of listings by 2.3%. In October 2024 median list price was $442,333 and the average listing age was 36 days.

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

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