See Home Value
Raleigh 27604 Mordecai
1339 Mordecai Drive
$653,000 - $797,000
House - Off Market

1339 Mordecai Drive

Raleigh, NC 27604
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1627 Sqft
Refi Sep 08, 2022
Transfer
$400,000 by State Employees Credit Union
Mortgage Due Oct 01, 2052

About This Property

Prepare to be captivated by this charming 1940s Minimal Traditional Home nestled in the historic Mordecai neighborhood. Embrace the allure of residing in Raleigh's oldest community. Converted into a two-family dwelling in 1960, this property presents a unique opportunity for both primary residency and income generation.

The main level features a well-appointed kitchen, formal dining room, family room with a screened porch, two bedrooms, and a full bathroom. Additionally, there's convenient access to a full basement, housing the washer and dryer for the main house.

Upstairs, the separate unit offers versatile living options-it could serve as independent living for a relative, function as an Airbnb, or provide long-term rental income. This adorable one-bedroom studio apartment boasts a family room, kitchen, laundry facilities, and a bathroom, along with a spacious master suite.

Situated on a generous lot, there's ample room for future expansion or redevelopment. The property also has a private driveway with off-street parking, enhancing its desirability and convenience.

The manager has listed the unit size as 1627 square feet.
Unit Size
1,627Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$446
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Apr 8, 2024 No longer available -
No longer available
Mar 5, 2024 In contract -
In contract
Mar 1, 2024 Price Decreased $725,000
↓ $25K (3.3%)
Price Decreased
Feb 6, 2024 Listed $750,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1960
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Construction Type: Brick
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 1,486
  • Building Area: 1,486
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,486
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.29
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 1339 MORDECAI DRIVE

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050400

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0038082
  • District: 01
  • Parcel: 1704.12-95-7813 0038082
  • Municipality: RALEIGH
  • Latitude: 35.7986
  • Longitude: -78.6299

    Address

  • Full Address: 1339 Mordecai Dr
  • Address - House Number: 1339
  • Address - Street Name: Mordecai
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C011
  • 4-Digit Zip Code: 1344
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,217

    Appraisal Valuation

  • Standard Deviation: 0.1222
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 86
  • Final Value: 650,927
  • High Value: 730,475
  • Low Value: 571,379

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Sep 08, 2022
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $383,247
  • Market Land Value: $267,750
  • Market Improvement Value: $115,497

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $383,247
  • Assessed Land Value: $267,750
  • Assessed Improvements Value: $115,497



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,588 ft²
$409/ft²
$650,000 Jan 23, 2024
-
$407/mo
Condo
3 Beds
3.5 Baths
1,864 ft²
$418/ft²
$779,900 Feb 1, 2024
-
$503/mo
House
4 Beds
1.5 Baths
2,203 ft²
$272/ft²
$599,000 Jan 19, 2024
-
$352/mo
Condo
2 Beds
2 Baths
1,810 ft²
$403/ft²
$730,000 Jan 17, 2024
-
$538/mo
House
4 Beds
3.5 Baths
2,760 ft²
$299/ft²
$825,000 Jan 23, 2024
-
$622/mo
Condo
4 Beds
3.5 Baths
2,551 ft²
$333/ft²
$849,000 May 17, 2023
-
$211/mo

About Central Raleigh


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Frequently Asked Questions

When was property at 1339 Mordecai Drive built and last sold?
The property at 1339 Mordecai Drive was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1339 Mordecai Drive is $752,827.
What are some comparable homes to 1339 Mordecai Drive?
Homes that are comparable to 1339 Mordecai Drive include a condo property at 614 Capital Boulevard, 1205 Brookside Drive, 1802 Midwood Drive.

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