505 Cleveland St, Raleigh, NC 27605

2 beds, 2 baths, 1,653 sqft
For Sale
$519,750
Price cut: -$250
Zestimate®: $314,045
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Enjoy skyline views of downtown Raleigh from this completely restored 1915 home. No expense spared in the restoration of this authentic Craftsman! Walk to everything Raleigh has to offer..restaurants, parks, nightlife all steps away from your wrap around porch. hist. features left intact with all systems new. Come see for yourself this double master historic jewel. Why buy faux?
Facts
  • Lot: 7,840 sqft
  • Single Family
  • Built in 1915
  • 28 days on Zillow
  • Cooling: Central
  • Heating: Forced air, Other
  • Price/sqft: $314
  • MLS #: 1954771
Features
  • Deck
  • Fireplace
  • Flooring: Hardwood, Tile
  • Lawn
  • Porch
Appliances Included
  • Dishwasher
  • Microwave
  • Range / Oven
  • Refrigerator
Room Types
  • Dining room
Construction
  • Exterior material: Brick
  • Roof type: Other
  • Room count: 7
  • # Stories: 1.0
  • Structure type: Craftsman
  • Unit count: 1
Other
  • Floor size: 1,653 sqft
  • Last remodel year: 1940
  • Parcel #: 170415531149000
  • Zillow Home ID: 6389375
Home Values
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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

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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$314,045
+$30,552 Last 30 daysd
$283K
$349K
Zestimate range
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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
$1,466/mo
+$28 Last 30 daysd
$1.2K
$1.9K
Zestimate range
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Neighborhood for 505 Cleveland Street

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Zillow predicts Five Points home values will rise 1.9% next year, compared to a 2.3% increase for Raleigh as a whole. Among Five Points homes, this home is 59.3% more expensive than the midpoint (median) home, and is priced 48.8% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Five Points, the number of foreclosures waiting to be sold is 42.4% less than in Raleigh, and 13.3% less than the national average. This lower local number could help Five Points home values rise more quickly than other regions in Raleigh.

Learn more about forecast calculations or Five Points home values.
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