25SP001816-910 Update: List Price reflects minimum to upset the current bid. Last day to bid is 1/26/26. This large brick ranch in Raleigh's Lockwood neighborhood is being sold by court order. The house would need extensive work to become habitable. The seller will not turn on any utilities. This is a .34 acre corner lot in a great ITB neighborhood with plenty of new construction. 2479 Milburnie Rd is zoned R6 and meets the minimum requirements for overall size and road frontage in order to be subdivided into 2 lots. Existing infrastructure includes new sidewalks with improved crosswalks and protected bike lanes. The City has also created stormwater improvements on this lot, so many potential costs of development have already been paid and implemented. This is a court-ordered sale and the contract is subject to the 10-day upset bid process at the courthouse. The seller (Commissioner) has never lived in the house and makes no representations as to the condition of the property. This is a completely as-is sale and the seller will not renegotiate repairs or financial concessions.
Pending
Price increase: $25.6K (1/15)
$275,625
2479 Milburnie Rd, Raleigh, NC 27610
3beds
1,671sqft
Est.:
Single Family Residence, Residential
Built in 1962
0.34 Acres Lot
$-- Zestimate®
$165/sqft
$-- HOA
What's special
Large brick ranchProtected bike lanes
- 105 days |
- 2,126 |
- 61 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 31, 2026 at 01:18pm
Listed by:
David Jones 910-228-1655,
Rich Realty Group
Source: Doorify MLS,MLS#: 10129993
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- See Remarks
Cooling
- None
Features
- Flooring: Wood
Interior area
- Total structure area: 1,671
- Total interior livable area: 1,671 sqft
- Finished area above ground: 1,671
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Size: 0.34 Acres
Details
- Parcel number: 1714911979
- Special conditions: Third Party Approval
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Brick, Masonite
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Lockwood
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $165/sqft
- Tax assessed value: $356,457
- Annual tax amount: $3,128
- Date on market: 10/28/2025
Estimated market value
Not available
Estimated sales range
Not available
$2,370/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2026 | Pending sale | $275,625$165/sqft |
Source: | ||
| 1/15/2026 | Price change | $275,625+10.3%$165/sqft |
Source: | ||
| 1/2/2026 | Price change | $250,000-13.8%$150/sqft |
Source: | ||
| 12/2/2025 | Price change | $290,000-4.8%$174/sqft |
Source: | ||
| 11/14/2025 | Price change | $304,500-4.8%$182/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,129 +0.4% | $356,457 |
| 2024 | $3,116 +16.4% | $356,457 +46.3% |
| 2023 | $2,676 +7.6% | $243,669 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,560/mo
Principal & interest
$1308
Property taxes
$156
Home insurance
$96
Climate risks
Neighborhood: East Raleigh
Nearby schools
GreatSchools rating
- 4/10Douglas ElementaryGrades: PK-5Distance: 4 mi
- 6/10Martin MiddleGrades: 6-8Distance: 5.2 mi
- 7/10William G Enloe HighGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Wake - Douglas
- Middle: Wake - Martin
- High: Wake - Enloe
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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