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727 Martin Luther King Jr Blvd, Raleigh, NC, 27601

$620,000

Home List Price

$7,363*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,541 SqFt
$402/SqFt
House

Location

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727 Martin Luther King Jr Blvd, Raleigh$620,000

Buyer Closing Credits

$7,363*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2023
HeatingNatural Gas, Zoned
CoolingGas, Zoned
MLS #10057310
Lot Size0.06 Acres
StatusActive

About 727 Martin Luther King Jr Blvd

This home offers the perfect location within walking distance to a variety of restaurants and Food Halls. Nearby you'll find YMCAs, an array of museums, the North Carolina State Farmers Market, and highly rated magnet schools. Inside, you'll find an open-concept living space with a cozy fireplace and wet bar. Kitchen is equipped with quartz countertops, new stainless steel appliances, and shaker-style cabinets offering plenty of storage Step out onto the balcony and enjoy beautiful views of Raleigh's skyline. Other standout features include a two-car garage with an epoxy floor, an enlarged paved driveway, custom blinds, a cozy fireplace, abundant sunlight, zoned heating and cooling, tankless water heater, and a gas stove. Conveniently located with easy highway access, just 19 miles from RDU Airport and 2 miles from the Amtrak station, this home brings together comfort, style, and prime city living.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2023
  • Living Area: 1,541 SqFt

Listing Office:

  • Office Name: Fathom Realty NC
  • Office Phone: (888) 455-6040
  • Listing Agent: Nay Hydro

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Range, Oven, Stainless Steel Appliance(s)
  • Flooring Type: See Remarks
  • Interior: Eat-in Kitchen, Granite Counters, Storage, Walk-In Shower, Wet Bar

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Porch, Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Zoned
  • Cooling: Gas, Zoned

Other

Directions Information:

  • Directions: From downtown Raleigh, go east to Blount St. Turn right on Blount St. Turn left on MLK Jr. Blvd. Home is on left just before intersection of MLK Jr. Blvd. & S State St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $620,000
  • Price Per SqFt: $402/SqFt

Tax Information:

  • Annual Amount: $525
  • 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

727 Martin Luther King Jr Blvd vs Raleigh

36 DAYS ON ROCKET

-0 Day

$620,000

+$177.6K More

$402/SqFt

+$168 More

KEY TAKEAWAY

This property is $177.6K more than the Median Sold Price and $168/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: #10057310

Listing Office:

  • Office Name: Fathom Realty NC
  • Office Phone: (888) 455-6040
  • Listing Agent: Nay Hydro

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, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 18, 2019Home Sold
$50,000
Nov 06, 2001Home Sold
$33,000

Tax History

YEARPROP. TAXASSESSMENT
2021$525$54,000
2020$515$54,000
2019$157$14,400
2018$150$14,400

History based on county public records data.

Payment Calculator

$3,162

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,925

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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-432768
3
/10

  • Hunter Magnet Elementary School

  • 1018 E Davie St

  • 0.47 miles

  • Public Magnet Grades PK-5

school-card-donut-432769
4
/10

  • Southeast Raleigh Elementary School

  • 1436 Rock Quarry Rd

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-432770
4
/10

  • Washington Magnet Elementary School

  • 1000 Fayetteville St

  • 1.01 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. Most Raleigh, NC residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 727 Martin Luther King Jr Blvd

What is the listing price of this property?

The listing price of 727 Martin Luther King Jr Blvd property is $620,000.

What type of property is this?

The property 727 Martin Luther King Jr Blvd is a house located in Raleigh, North Carolina, 27601.

Is this property for sale now?

Active Listing: 727 Martin Luther King Jr Blvd 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 $525 (source: MLS/based on county public records data).

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

The last sale was on June 18, 2019 for $50,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 727 Martin Luther King Jr Blvd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 727 Martin Luther King Jr Blvd is 1,541 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 727 Martin Luther King Jr Blvd is 2023.

Rocket Homes›North Carolina›Wake County›Raleigh›27601›727 Martin Luther King Jr Blvd

This home is located at 727 Martin Luther King Jr Blvd in Raleigh, NC and zip code 27601 in the Inside the Beltline neighborhood. This 1,541 square foot home, which was built in 2023, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $620,000.

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. The number of listings in Raleigh, NC increased by 2.3% between September 2024 and October 2024. Listings spent 36 days on the market in October 2024, and had a median list price of $442,333 during the same period.

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

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