7 months on rocket

820-826 New Bern Ave, Raleigh, NC, 27601

$1,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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820-826 New Bern Ave, Raleigh$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1957
HeatingFloor Furnace, Natural Gas
CoolingWindow Unit(s)
MLS #2534096
Lot Size0.34 Acres
StatusActive

About 820-826 New Bern Ave

Property is in overall average condition. All units rented. Highest & best use is probably not current use. Priced for potential/future use, teardown/rebuild. .34 acre. Prime location 8 blocks from downtown and the Capital Square. Showings will be a challenge with tenants and for ONLY serious buyers. Inspections are welcome but property will be sold "as is/where is" Owner is Broker/Agent but has not been in any unit in 50 years. Property is managed by a management company. There is a potential additional basement unit. May need repair work. Not rented at this time. All information subject to buyer verification. Showings will require at least 48 hours advance notice & PRE QUALIFICATION LETTER.

Property Details

Property Features

Property Information:

  • Year Built: 1957

Listing Office:

  • Office Name: Abron & Associates Realty
  • Office Phone: (919) 788-0848
  • Listing Agent: Joseph Sr T Abron

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Carpet, Combination, Hardwood, Tile, Vinyl, Wood

Lot Features

Lot Information:

  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace, Natural Gas
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • William G Enloe High School, Public Magnet Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • Daniels Middle School, Public District Grades 6-8
  • Wiley Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: New Bern Avenue. 8 blocks from the Capitol. Between Swain & State Streets

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
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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

$430.1K

Med. Price/SqFt

$230

Avg. Days On Market

28

# of Sold Homes

570

820-826 New Bern Ave vs Raleigh

220 DAYS ON ROCKET

+192 Days

$1,250,000

+$819.8K More

KEY TAKEAWAY

This property is $819.8K more than the Median Sold Price in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #2534096

Listing Office:

  • Office Name: Abron & Associates Realty
  • Office Phone: (919) 788-0848
  • Listing Agent: Joseph Sr T Abron

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. 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: 5/3/2024, 3:20:43 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Elementary School

school-card-donut-5419266
6
/10

  • Wiley Elementary School

  • 301 Saint Marys St

  • 2.45 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-5419267
6
/10

  • Daniels Middle School

  • 2816 Oberlin Rd

  • 3.60 miles

  • Public District Grades 6-8

High School

school-card-donut-5419268
7
/10

  • William G Enloe High School

  • 128 Clarendon Cres

  • 0.50 miles

  • Public Magnet Grades 9-12

school-card-donut-5419269
10
/10

  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 1.42 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,385. Most Raleigh, NC residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Wake County›Raleigh›27601›820-826 New Bern Ave

This home is located at 820-826 New Bern Ave in Raleigh, NC and zip code 27601 in the Inside the Beltline neighborhood. This home, which was built in 1957, sits on a 0.34 acre lot. It has been listed on Rocket Homes since September 26, 2023 and is currently priced at $1,250,000.

Raleigh, NC housing market in April 2024 saw over 197 listings sold above listed price, more than 139 sold at listed price and over 234 sold below. The number of homes for sale in Raleigh, NC increased by 3.7% between March 2024 and April 2024. In April 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $430,193.

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

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