500 Banks Street

Closed 2/18/26

Sold

Last Sold Price

$550,000

3 beds1 bath1,211 sqft

500 Banks St, Raleigh, NC 27604

Single FamilyProperty Type

0.28 acresLot Size

1957Year Built

$454/sq ftPrice per sq ft

3 carsParking Spaces

Description

Special Financing 2/1 buy down! Completely renovated 1957 Woodcrest brick ranch with modern flair in the heart of downtown Raleigh! This stunning 3-bed, 1-bath home was fully remodeled in 2018 with updates including roof, windows, doors, electrical, plumbing, and cabinets. New water heater (2024). Enjoy refinished hardwoods, abundant natural light, and designer touches throughout. The kitchen features 42'' gray cabinets, leathered granite, a gas range with hood, SS appliances, a French-door fridge,...Special Financing 2/1 buy down! Completely renovated 1957 Woodcrest brick ranch with modern flair in the heart of downtown Raleigh! This stunning 3-bed, 1-bath home was fully remodeled in 2018 with updates including roof, windows, doors, electrical, plumbing, and cabinets. New water heater (2024). Enjoy refinished hardwoods, abundant natural light, and designer touches throughout. The kitchen features 42'' gray cabinets, leathered granite, a gas range with hood, SS appliances, a French-door fridge, and oil-rubbed hardware. The stylish bath includes floor-to-ceiling tile and a 3-sided tub/shower surround. Outside, relax under the covered back porch or entertain on the open patio overlooking the beautifully landscaped, fenced backyard with a storage closet. Walk to Tap Yard Brewing, Gateway Plaza, or Lions Park, and enjoy easy access to downtown Raleigh, RDU, RTP, and shopping. A rare blend of classic charm and modern design—this one is a must-see!

Listed by: Alex Rivers 919.602.2765 alex@capitalteamnc.com • Imagination Homes LLC

Listing closed: 02/18/2026 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10129013

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Median sold price

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Avg days on market

Sale-to-list ratio

96.3%

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Bedrooms: 1
Bathrooms: 1,138
Square Feet: 0.25
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Location

Listing Courtesy of Imagination Homes LLC

Sold By Keller Williams Realty Cary

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$3,312 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,936

Property Taxes

$376

HOA Dues

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Property Information for 500 Banks Street

Property Details

Taxes: $4,511 / year
MLS Type: Residential / Single Family Residence
County: Wake County
Waterfront Features: None
Subdivision: Woodcrest

Building Information

Stories: 1
Year Built: 1957
Lot Size: 0.28 AC / 12,196 SF

Summary

Location and General Information

Directions: Capital Blvd. ITB to Fenton Street. 2nd left on Robin Hood. Turn left on Timber Drive. Second Right on Banks Street. Home is on the corner.
Subdivision Name: Woodcrest

Latitude: 35.801608
Longitude: -78.612402

Taxes and HOA Information

Association: No
Tax Annual Amount: $4,511.01

City Limits Of: Raleigh
Has City Limits: Yes
Lot Number: 1
Has Restrictive Covenants: No

Contract Information

Original MLS: Triangle MLS Inc
Has Property Leased: No

Years Owned: 1 or More Year(s)

School Information

Elementary School: Wake - Conn Elementary
Middle Or Junior School: Wake - Ligon Middle

High School: Wake - William G Enloe High

Parking

Open Parking Spaces: 3.0
Open Parking: Yes

Parking Features: Concrete
Garage: No

Virtual Tour

Virtual Tour URL Unbranded: https://tour.giraffe360.com/32077d074c554fdb9ab72194262143f5

Property

Lot Information

Building Area Total: 1211.0
Lot Features: Cleared, Corner Lot, Landscaped, Level

Architectural Style: Ranch, Transitional
Total Other Area Sq Ft: 0.0
Parcel Number: 1714469930
Structure Type: House, Site Built
Enhanced Accessible: No
Has Main Level Bedrooms: Yes
Has Primary Residence: No
Sold PriceList Price: 0.99

Property and Assessments

New Construction: No
Above Grade Finished Area Source: Appraiser

Senior Community: No

Utilities

Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Water Source: Public

Interior and Exterior Features

Exterior Features

Accessibility Features: Level Flooring
Association Amenities: None

Construction Materials: Brick, Fiber Cement, Wood Siding
Exterior Features: Garden, Fenced Yard
Fencing: Back Yard, Privacy
Foundation Details: Brick/Mortar, Crawlspace
Patio And Porch Features: Front Porch, Patio
Pool Features: None
Roof: Architectural Shingle
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
New Construction Type: House, Site Built, Brick, Fiber Cement, Wood Siding

Interior Features

Levels: One
Stories: 1

Main Level Bedrooms: 3
Master Bedroom 1st Floor: Yes
Flooring: Tile, Wood
Cooling: Central Air
Has Cooling: Yes
Heating: Forced Air
Has Heating: Yes
Appliances: Disposal, Dishwasher, Free-Standing Gas Range, Ice Maker, Microwave, Range, Refrigerator
Laundry Features: Laundry Closet, In Kitchen
Interior Features: Built-in Features, Ceiling Fan(s), Crown Molding, Entrance Foyer, Granite Counters, High Speed Internet, Open Floorplan, Primary Downstairs, Recessed Lighting, Butler's Pantry, Bathtub/Shower Combination, Smooth Ceilings
Spa Features: None

Room Information

Rooms Total: 6.0

Room 1

Type: Primary Bedroom
Level: Main

Length: 14.0
Width: 10.0

Room 2

Type: Primary Bathroom
Level: Main

Length: 10.8
Width: 5.6

Room 3

Type: Bedroom 2
Level: Main

Length: 11.6
Width: 11.1

Room 4

Type: Bedroom 3
Level: Main

Length: 11.7
Width: 10.6

Room 5

Type: Living Room
Level: Main

Length: 19.7
Width: 13.2

Room 6

Type: Kitchen
Level: Main

Length: 11.4
Width: 10.6

Room 7

Type: Dining Room
Level: Main

Length: 12.2
Width: 11.0

Room 8

Type: Other
Level: Main

Description: Patio
Length: 13.0
Width: 10.0

Property History for 500 Banks Street

Date	Event & Source	Price	Appreciation
Feb 18, 2026	Sold Doorify MLS (fka Triangle MLS) #10129013	$550,000	—
Jan 22, 2026	Sold (Public Record) Public Record #1927684556	$550,000	+6.5% / yr
Dec 26, 2025	Pending Doorify MLS (fka Triangle MLS) #10129013		—
Oct 22, 2025	Listed (Active) Doorify MLS (fka Triangle MLS) #10129013	$559,900	—
Apr 27, 2018	Sold (Public Record) Public Record #621206133	$338,000	+300.9% / yr
Apr 27, 2018	Sold Doorify MLS (fka Triangle MLS) #2177745	$338,000	—
Apr 3, 2018	Pending Doorify MLS (fka Triangle MLS) #2177745		—
Mar 9, 2018	Listed (Active) Doorify MLS (fka Triangle MLS) #2177745	$325,000	—
Dec 29, 2017	Sold (Public Record) Public Record #612779007	$215,000	—

Date	Event & Source	Price
02/18/2026	Sold Doorify MLS (fka Triangle MLS) #10129013	$550,000
01/22/2026	Sold (Public Record) Public Record #1927684556	$550,000 +6.5% / yr
12/26/2025	Pending Doorify MLS (fka Triangle MLS) #10129013	—
10/22/2025	Listed (Active) Doorify MLS (fka Triangle MLS) #10129013	$559,900
04/27/2018	Sold (Public Record) Public Record #621206133	$338,000 +300.9% / yr
04/27/2018	Sold Doorify MLS (fka Triangle MLS) #2177745	$338,000
04/03/2018	Pending Doorify MLS (fka Triangle MLS) #2177745	—
03/09/2018	Listed (Active) Doorify MLS (fka Triangle MLS) #2177745	$325,000
12/29/2017	Sold (Public Record) Public Record #612779007	$215,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 500 Banks Street

Taxable ValueLand$315,000Additions$199,965Total$514,965

Tax Record2025$4,511 ($376 / month)

Home Facts

Beds0Baths1Total Finished SqFt1,173 SqFtAbove Grade Finished SqFt1,173 SqFtStories1Lot Size12,197 SqFtStyleSingle Family ResidenceYear Built1957Year Renovated2018ZoningR-10CountyWAKEAPN1714.10-46-9930 0045058

Schools near 500 Banks Street

This home is within Wake County School District.


Rating	School	Type	Grades	Distance
5/10	Conn Elementary	Public - Serves this home	PK to 5	0.7 mi
7/10	Ligon Middle	Public - Serves this home	6 to 8	2.2 mi
7/10	William G Enloe High	Public - Serves this home	9 to 12	1.3 mi
2/10	Phillips High	Public - Choice school	9 to 12	0.9 mi
NR	Longview School	Public - Choice school	6 to 12	1.1 mi
10/10	Wake Young Men's Leadership Academy	Public - Nearby school	6 to 13	1.9 mi


Rating	School	Distance
5/10	Conn Elementary PublicPK to 5 Serves this home	0.7 mi
7/10	Ligon Middle Public6 to 8 Serves this home	2.2 mi
7/10	William G Enloe High Public9 to 12 Serves this home	1.3 mi
2/10	Phillips High Public9 to 12 Choice school	0.9 mi
NR	Longview School Public6 to 12 Choice school	1.1 mi
10/10	Wake Young Men's Leadership Academy Public6 to 13 Nearby school	1.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 500 Banks Street, Raleigh, NC 27604	$550,000	3	1	1,211	12,196
2117 Timber Drive, Raleigh, NC 27604	–	–	1	1,728	11,761
505 Banks Street, Raleigh, NC 27604	$280,000	–	4	1,487	10,019
2121 Timber Drive, Raleigh, NC 27604	$339,900	3	2	1,601	11,761
2200 Timber Drive, Raleigh, NC 27604	$98,000	3	1	1,050	11,325
2113 Timber Drive, Raleigh, NC 27604	$245,000	–	1	1,482	11,761
2205 Timber Drive, Raleigh, NC 27604	–	–	2	1,728	12,632
501 Cardinal Drive, Raleigh, NC 27604	$445,000	–	2	1,128	14,810

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Imagination Homes LLC

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. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.

Raleigh, NC

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