404 Elm St, Raleigh, NC 27604

Studio-- baths2,060 sqft Edit

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Sold: $440,000
Sold on 09/17/14
Zestimate®: $415,270
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Sit on your enormous front porch and enjoy the sights and sounds of Historic Oakwood. Charming 5 apartment home on double lot with potential to build two more homes with street access. 1896 charm with many of the original details of the home, including hard wood flooring, remaining. This home has great rental income potential or single family potential. Over 3,500 sqft of charm!

Facts

  • Lot: 0.33 acres
  • Multi Family
  • Built in 1896
  • Views: 4,029 all time views
  • Cooling: Other
  • Heating: Forced air
  • Last sold: Sep 2014 for $440,000
  • Last sale price/sqft: $214

Features

  • Finished basement, 994 sqft
  • Flooring: Hardwood, Linoleum / Vinyl, Tile
  • Parking: Off street

Construction

  • Exterior material: Stucco
  • Roof type: Other
  • Room count: 15
  • Stories: 2
  • Structure type: Other
  • Unit count: 4

Other

  • Floor size: 2,060 sqft
  • Last remodel year: 1896
  • Parcel #: 170420907757000
  • Zillow Home ID: 6389317

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$415,270
+$2,720 Last 30 days
$386K
$444K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,449/mo
-$17 Last 30 days
$927
$1.9K
Zestimate range

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Comparable Homes

Homes like this sold for $209-700K.

$180K
$730K

Mortgages

Neighborhood: North Central

Zillow predicts North Central home values will increase 3.3% next year, compared to a 2.3% rise for Raleigh as a whole. Among North Central homes, this home is valued 134.2% more than the midpoint (median) home, and is valued 36.5% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In North Central, the number of foreclosures waiting to be sold is 15.2% less than in Raleigh, and 27.6% greater than the national average. This lower local number could help North Central home values rise more quickly than other regions in Raleigh.

Learn more about forecast calculations or North Central home values.
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    Nearby Schools in Raleigh

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    Data by GreatSchools.org