Sold
Last Sold Price
4 beds2,533 sqft
509 E Franklin St, Raleigh, NC 27604
Single FamilyProperty Type
0.33 acresLot Size
1918Year Built
$160/sq ftPrice per sq ft

Description

Reduced $25k! A powerfully solid house in historic Oakwood. 2533SF 4 Br`s 3.5 baths, fireplace, 32x9 front porch and large back deck, a rarity in Oakwood on a .33 double lot. Potential for stellar renovation, hardwoods throughout, or continue to operate as a rooming house, 2 driveways, full unfinished basement, wonderful backyard w/gardening shed. Think of the possibilities...Reduced $25k! A powerfully solid house in historic Oakwood. 2533SF 4 Br`s 3.5 baths, fireplace, 32x9 front porch and large back deck, a rarity in Oakwood on a .33 double lot. Potential for stellar renovation, hardwoods throughout, or continue to operate as a rooming house, 2 driveways, full unfinished basement, wonderful backyard w/gardening shed. Think of the possibilities...
  • Listed by: Bill C Donovan Linda@Linda-Lee.com • Linda Lee Realty Group
Listing closed: 05/29/2007 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 876838

Recent comparable sales

Median sold price

$799,000

Avg days on market

63

Sale-to-list ratio

95.0%

Raleigh, NC

9 comparable properties found

$490,000 | 407 Sustainable Way, Raleigh, NC 27610
1/35
1

$490,000

Sold 02/10/26

4
Bedrooms
2,433
Square Feet
0.1
Acres
$482,469 | 2109 Seneca Road, Unit LOT 35, Raleigh, NC 27604
1/45
2

$482,469

Sold 05/30/25

4
Bedrooms
2,303
Square Feet
0.09
Acres
$495,000 | 403 Sustainable Way, Raleigh, NC 27610
1/40
3

$495,000

Sold 04/27/26

4
Bedrooms
2,373
Square Feet
0.13
Acres
$895,000 | 1213 North Blount Street, Raleigh, NC 27604
1/33
4

$895,000

Sold 03/20/26

4
Bedrooms
2,759
Square Feet
0.08
Acres
$799,000 | 1174 Haynes Street, Raleigh, NC 27604
1/25
5

$799,000

Sold 12/20/24

4
Bedrooms
2,750
Square Feet
0.08
Acres
$1,320,000 | 1606 Scales Street, Raleigh, NC 27608
1/36
6

$1,320,000

Sold 12/16/25

4
Bedrooms
2,811
Square Feet
0.25
Acres
$1,338,800 | 1710 Fairview Road, Raleigh, NC 27608
1/45
7

$1,338,800

Sold 01/03/26

4
Bedrooms
2,555
Square Feet
0.19
Acres
$990,000 | 204 Georgetown Road, Raleigh, NC 27608
1/67
8

$990,000

Sold 06/11/26

4
Bedrooms
2,830
Square Feet
0.13
Acres
$775,000 | 512 Montague Lane, Raleigh, NC 27601
1/54
9

$775,000

Sold 08/26/25

4
Bedrooms
2,668
Square Feet
0.28
Acres

Location

Listing Courtesy of Linda Lee Realty Group

Sold By Selling Directly

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$2,754 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,093

Property Taxes

$661

HOA Dues

$0

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Property Information for 509 East Franklin Street

Property Details
  • MLS Type: Residential / Single Family Residence
  • County: Wake County
  • Zoning Description: R-10
  • Subdivision: Not in a Subdivision
Building Information
  • Year Built: 1918
  • Lot Size: 0.33 AC / 14,374 SF
Summary
Location and General Information
  • Zoning: R-10
  • Directions: From Peace Street take a left onto Person Street(Krispy Kreme is on the left).At the 1st traffic light make a right onto Franklin Street, go 1 1/2 blocks house is on the left hand side.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.79013
  • Longitude: -78.630859
  • Neighborhood: Historic District
Taxes and HOA Information
  • Association Fee Includes: None
  • Has City Limits: Yes
  • Has Restrictive Covenants: Yes
  • Tax Rate: 1.06
Contract Information
  • Original Listing ID: 876838
  • Original MLS: Triangle MLS Inc
Owner
  • Ownership Type: Other
School Information
  • Elementary School: Wake - Conn Elementary
  • Middle Or Junior School: Wake - Oberlin Middle
  • High School: Wake - Needham Broughton High
Parking
  • Parking Features: Concrete, Driveway, Garage Faces Front, Gravel, On Street
  • Carport: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 2533.0
  • Lot Features: Garden, Landscaped, Open Lot, Near Public Transit, Wooded, Hardwood Trees
  • Architectural Style: Traditional, Transitional
  • Total Other Area Sq Ft: 0.0
  • Other Structures: Shed(s), Storage
  • Sold PriceList Price: 0.95
Property and Assessments
  • New Construction: No
  • Community Features: Historical Area
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Features: Fenced Yard
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio, Porch
  • Security Features: Smoke Detector(s)
  • New Construction Type: Wood Siding
Interior Features
  • Levels: Two
  • Basement Description: Block, Concrete, Exterior Entry, Interior Entry, Unfinished
  • Fireplace Features: Living Room
  • Has Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Combination, Hardwood, Vinyl, Wood
  • Door Features: Storm Door(s)
  • Windows Treatment: Storm Window(s)
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Appliances: Gas Water Heater
  • Laundry Features: In Basement
  • Interior Features: Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, High Ceilings, Shower Only, Bathtub/Shower Combination
Room Information
Room Information
  • Rooms Total: 10.0
Room 1
  • Type: Living Room
  • Level: Main
Room 2
  • Type: Dining Room
  • Level: Main
Room 3
  • Type: Kitchen
  • Level: Main
Room 4
  • Type: Kitchen
  • Description: 2nd Kitchen
Room 5
  • Type: Primary Bedroom
  • Level: Second
Room 6
  • Type: Bedroom 2
  • Level: Second
Room 7
  • Type: Bedroom 3
  • Level: Second
Room 8
  • Type: Bedroom 4
  • Level: Second
Room 9
  • Type: Bedroom 5
  • Level: Main
Room 10
  • Type: Other
  • Level: Main
  • Description: Bedroom
Room 11
  • Type: Other
  • Level: Main
  • Description: Kitchen

Property History for 509 East Franklin Street

DateEvent & SourcePriceAppreciation
May 29, 2007

Sold

Doorify MLS (fka Triangle MLS) #876838

$405,000
May 17, 2007

Sold (Public Record)

Public Record #219714067

$405,000
Apr 14, 2007

Pending

Doorify MLS (fka Triangle MLS) #876838

DateEvent & SourcePrice
05/29/2007

Sold

Doorify MLS (fka Triangle MLS) #876838

$405,000
05/17/2007

Sold (Public Record)

Public Record #219714067

$405,000
04/14/2007

Pending

Doorify MLS (fka Triangle MLS) #876838

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

Public Records for 509 East Franklin Street

Taxable ValueLand$575,000Additions$316,564Total$891,564
Tax Record2025$7,935 ($661 / month)
Home Facts
Total Finished SqFt2,312 SqFtAbove Grade Finished SqFt2,312 SqFtStories2Lot Size14,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1918Year Renovated1988ZoningR-10CountyWAKEAPN1704.16-92-4771 0006166Fireplace TypeHas Fireplace

Schools near 509 East Franklin Street

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 13
Rating
School
Distance
Conn Elementary
PublicPK to 5

Oberlin Middle School
Public6 to 8

Needham Broughton High
Public9 to 12

Wake Young Men'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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 509 East Franklin Street, Raleigh, NC 27604
$405,000
4
2,533
14,374
2
2,160
11,761
$350,000
3
2,200
6,098
$274,000
1
1,307
7,405
1
1,057
5,663
2
1,314
5,227

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 Linda Lee Realty Group

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.