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725 S State St, Raleigh, NC, 27601

$654,500

Home List Price

$7,772*

Closing Credit

3 Bedrooms
2 Full Baths
2,021 SqFt
$324/SqFt
House

Location

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725 S State St, Raleigh$654,500

Buyer Closing Credits

$7,772*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2017
HeatingForced Air, Gas Pack, Heat Pump
CoolingCeiling Fan(s), Central Air, Gas
MLS #10067536
Lot Size0.18 Acres
StatusActive

About 725 S State St

Discover modern living in the heart of downtown Raleigh with this beautifully updated 2,000 sq. ft. ranch! Boasting hardwood floors throughout, this home exudes timeless charm with a sleek, contemporary twist. The chef's kitchen features a gas range, quartz countertops, and ample prep space, plus a bar nook with built-in wine fridge, making it perfect for cooking and entertaining. The backyard is ideal for pets or relaxing outdoor gatherings. The location is ideal. A quick drive or walk from Transfer Co. Food Hall and minutes from Raleigh's vibrant shops and restaurants, this home offers unbeatable convenience. Enjoy a perfect blend of comfort, style, and accessibility in one of the city's most sought-after areas. Don't miss your chance to own this downtown gem! Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2017
  • Living Area: 2,021 SqFt

Listing Office:

  • Office Name: Coldwell Banker Advantage-Smit
  • Office Phone: (919) 300-0207
  • Listing Agent: Bobby Bryant

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Gas Range, Dishwasher, Electric Water Heater, Range Hood
  • Flooring Type: Hardwood, Tile
  • Interior: Ceiling Fan(s), Entrance Foyer, Kitchen Island, Open Floorplan, Tray Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch/Covered, Storage

Lot Features

Lot Information:

  • Lot: Back Yard, Landscaped
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From downtown Raleigh, travel south on Dawson and take exit to Martin Luther King. Turn left on S State St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $654,500
  • Price Per SqFt: $324/SqFt

Tax Information:

  • Annual Amount: $3,978
  • 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

725 S State St vs Raleigh

1 DAY ON ROCKET

-41 Days

$654,500

+$206K More

$324/SqFt

+$90 More

KEY TAKEAWAY

This property is $206K more than the Median Sold Price and $90/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: #10067536

Listing Office:

  • Office Name: Coldwell Banker Advantage-Smit
  • Office Phone: (919) 300-0207
  • Listing Agent: Bobby Bryant

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

Listing History

Aug 28, 2020Home Sold
$498,000
Nov 03, 2017Home Sold
$390,000
May 20, 2016Home Sold
$125,000
Apr 11, 2016Home Sold
$60,000
Aug 17, 2004Home Sold
$85,000
Mar 25, 2004Home Sold
$185,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,978$406,741
2020$3,905$406,741
2019$3,649$332,203
2018$634$344,003

History based on county public records data.

Payment Calculator

$3,334

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,029

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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-4322943
3
/10

  • Hunter Magnet Elementary School

  • 1018 E Davie St

  • 0.28 miles

  • Public Magnet Grades PK-5

school-card-donut-4322944
4
/10

  • Southeast Raleigh Elementary School

  • 1436 Rock Quarry Rd

  • 0.84 miles

  • Public District Grades PK-5

school-card-donut-4322945
6
/10

  • Poe Magnet Elementary School

  • 400 Peyton St

  • 1.06 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 $12,732. The most common annual income of people living in Raleigh, NC is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 725 S State St

What is the listing price of this property?

The listing price of 725 S State St property is $654,500.

What type of property is this?

The property 725 S State St is a house located in Raleigh, North Carolina, 27601.

Is this property for sale now?

Active Listing: 725 S State 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 $3,978 (source: MLS/based on county public records data).

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

The last sale was on August 28, 2020 for $498,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 725 S State St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 725 S State St is 2,021 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 725 S State St is 2017.

Rocket Homes›North Carolina›Wake County›Raleigh›27601›725 S State St

This home is located at 725 S State St in Raleigh, NC and zip code 27601 in the Inside the Beltline neighborhood. This 2,021 square foot home, which was built in 2017, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $654,500.

In November 2024 more than 67 listings in Raleigh, NC were sold above the asking price. During the same period more than 101 listings were sold at asking price, while more than 257 were sold below. The number of listings in Raleigh, NC decreased by 9.7% between October 2024 and November 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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