508 Phelps Avenue
Description
- Listed by: Stephen Deaton • Deaton Investment Real Estate
- Listed by: Thomas L Furlow
Recent comparable sales
Median sold price
$451,500
Avg days on market
97
Sale-to-list ratio
100.6%
Raleigh, NC
9 comparable properties found
$446,250
Sold 10/10/25
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 0.16
- Acres
$565,000
Sold 08/20/25
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 0.22
- Acres
$451,500
Sold 10/09/25
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 0.3
- Acres
$450,000
Sold 08/13/25
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 0.44
- Acres
$470,000
Sold 09/26/25
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 0.14
- Acres
$425,000
Sold 01/08/26
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 0.2
- Acres
$349,000
Sold 10/01/24
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 0.37
- Acres
Location
Sold By Huntley Realty
Payment Calculator
$2,521 per month
30 year fixed, 6.55% Interest
$2,521
$0
$0
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1Property Information for 508 Phelps Avenue
- MLS Type: Residential Income / Apartment
- County: Wake County
- View: Yes
- Zoning Description: R-10
- Building/Complex: 508 Phelps Ave
- Residences: 6
- Year Built: 1949
- Zoning: R-10
- Directions: From Oberlin Road at Cameron Village, turn west onto Bedford Ave. Property is on the corner of Bedford Avenue and Phelps Avenue. 100 yards north of City Park and Rose Garden.
- Latitude: 35.793537
- Longitude: -78.668625
- City Limits Of: Raleigh
- City Limits YN: Yes
- FIPS Code: 37183
- Lot Number: 7
- Tax Rate: 0.93
- Original Listing ID: 1814249
- Original MLS: Triangle MLS Inc
- Elementary School: Wake - Olds
- Middle Or Junior School: Wake - Martin
- High School: Wake - Broughton
- Parking Features: Off Street
- Carport: No
- Attached Garage: No
- Garage: No
- Building Area Total: 0.0
- Total Other Area Sq Ft: 0
- Sold PriceList Price: 0.92
- New Construction: No
- Photos Count: 7
- Below Grade Finished Area Units: Square Feet
- Sewer: Public Sewer
- Water Source: Public
- Water_Sewer: Public, Public Sewer
- Construction Materials: Brick
- Pool Private: No
- New Construction Type: Brick
- Basement Description: Crawl Space
- Flooring: Carpet, Tile, Vinyl, Wood
- Cooling: Central Air, Window Unit(s)
- Cooling?: Yes
- Heating: Floor Furnace, Forced Air, Natural Gas
- Heating?: Yes
- Interior: Off Street, Brick
- Equipment: Off Street
- Total Units: 6
- Property Class Name: CrossProperty
- Unit One: Above Grade Finished Area: 820.0
- Unit One: Baths Total: 1.0
- Unit One: Beds Total: 2.0
- Unit One: Below Grade Finished Area: 0.0
- Unit One: Levels: One
- Unit One: Living Area: 820.0
- Unit One: Other Below Ground Area: 0.0
- Unit One: Unit Type Total Rent: 559.0
- Unit Two: Above Grade Finished Area: 810.0
- Unit Two: Baths Total: 1.0
- Unit Two: Beds Total: 2.0
- Unit Two: Below Grade Finished Area: 0.0
- Unit Two: Levels: One
- Unit Two: Living Area: 810.0
- Unit Two: Other Below Ground Area: 0.0
- Unit Two: Unit Type Total Rent: 589.0
- Unit Three: Above Grade Finished Area: 810.0
- Unit Three: Baths Total: 1.0
- Unit Three: Beds Total: 2.0
- Unit Three: Below Grade Finished Area: 0.0
- Unit Three: Levels: One
- Unit Three: Living Area: 810.0
- Unit Three: Other Below Ground Area: 0.0
- Unit Three: Unit Type Total Rent: 559.0
- Unit Four: Above Grade Finished Area: 820.0
- Unit Four: Baths Total: 1.0
- Unit Four: Beds Total: 2.0
- Unit Four: Below Grade Finished Area: 0.0
- Unit Four: Levels: One
- Unit Four: Living Area: 820.0
- Unit Four: Other Below Ground Area: 0.0
- Unit Four: Unit Type Total Rent: 559.0
Property History for 508 Phelps Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 24, 2012 | Sold (Public Record) Public Record #328147202 | $498,000 | +3.3% / yr |
| Feb 24, 2012 | Sold TRIANGLEMLS #1814249 | $496,000 | — |
| Feb 24, 2012 | Sold AMLS #1814249 | $496,000 | — |
| Feb 24, 2012 | Pending TRIANGLEMLS #1814249 | — | |
| Feb 23, 2012 | Pending AMLS #1814249 | — | |
| Dec 27, 2011 | Listed (Active) TRIANGLEMLS #1814249 | $539,000 | — |
| Dec 27, 2011 | Listed (Active) AMLS #1814249 | $539,000 | — |
| Mar 11, 2004 | Sold (Public Record) Public Record #287742756 | $385,000 | — |
| Mar 11, 2004 | Sold TRIANGLEMLS #722189 | $385,000 | — |
| Mar 11, 2004 | Sold AMLS #722189 | $385,000 | — |
| Jan 2, 2004 | Listed (Active) TRIANGLEMLS #722189 | $399,000 | — |
| Jan 2, 2004 | Listed (Active) AMLS #722189 | $399,000 | — |
| Apr 12, 1999 | Sold TRIANGLEMLS #504589 | $360,000 | — |
| Apr 12, 1999 | Sold AMLS #504589 | $360,000 | — |
| Feb 16, 1999 | Pending TRIANGLEMLS #504589 | — | |
| Feb 8, 1999 | Listed (Active) TRIANGLEMLS #504589 | $369,000 | — |
| Feb 8, 1999 | Listed (Active) AMLS #504589 | $369,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/24/2012 | Sold (Public Record) Public Record #328147202 | $498,000 +3.3% / yr |
| 02/24/2012 | Sold TRIANGLEMLS #1814249 | $496,000 |
| 02/24/2012 | Sold AMLS #1814249 | $496,000 |
| 02/24/2012 | Pending TRIANGLEMLS #1814249 | — |
| 02/23/2012 | Pending AMLS #1814249 | — |
| 12/27/2011 | Listed (Active) TRIANGLEMLS #1814249 | $539,000 |
| 12/27/2011 | Listed (Active) AMLS #1814249 | $539,000 |
| 03/11/2004 | Sold (Public Record) Public Record #287742756 | $385,000 |
| 03/11/2004 | Sold TRIANGLEMLS #722189 | $385,000 |
| 03/11/2004 | Sold AMLS #722189 | $385,000 |
| 01/02/2004 | Listed (Active) TRIANGLEMLS #722189 | $399,000 |
| 01/02/2004 | Listed (Active) AMLS #722189 | $399,000 |
| 04/12/1999 | Sold TRIANGLEMLS #504589 | $360,000 |
| 04/12/1999 | Sold AMLS #504589 | $360,000 |
| 02/16/1999 | Pending TRIANGLEMLS #504589 | — |
| 02/08/1999 | Listed (Active) TRIANGLEMLS #504589 | $369,000 |
| 02/08/1999 | Listed (Active) AMLS #504589 | $369,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 508 Phelps Avenue
Schools near 508 Phelps Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 13 |
Rating | School | Distance |
|---|---|---|
Olds Elementary PublicPK to 5 | ||
Martin Middle Public6 to 8 | ||
Needham Broughton High Public9 to 12 | ||
Wake Young Women's Leadership Academy Public6 to 13 |
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.
Similar Homes
New listings in 27607
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 508 Phelps Avenue, Raleigh, NC 27607 | $496,000 | – | – | – | – |
$735,000 | 4 | 4 | 3,121 | 5,227 | |
$1,015,000 | 4 | 4 | 2,744 | 5,662 | |
$1,200,000 | 4 | 4 | 3,156 | 4,791 | |
$659,000 | 4 | 4 | 3,021 | 8,276 | |
$157,900 | 2 | 1 | 1,033 | 10,018 | |
$1,340,000 | 4 | 4 | 3,591 | 6,098 | |
$773,000 | 4 | 3 | 2,476 | 10,454 | |
$620,000 | 4 | 4 | 2,750 | 8,712 | |
$230,000 | 2 | 2 | 1,076 | 3,920 | |
$725,000 | 5 | 5 | 4,472 | 12,196 | |
– | – | 3 | 1,108 | 8,276 |
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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 Deaton Investment Real Estate
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.
