Check Availability
$289,000
● House - In Contract

409 Culpepper Lane

Raleigh, NC 27610
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,037 Ft²
$1,668
Est. Monthly

About This Property

There's something undeniably charming about a little house with a big opportunity. Set on a generous 0.22-acre lot just minutes from the heart of Downtown Raleigh, 409 Culpepper is a humble 3-bedroom, 1-bath home with character, potential, and some great upgrades already working in its favor.  Walk up the new stairs and step onto the new Trex, covered front porch (2025) and inside you'll find original hardwood floors, an updated kitchen with quartz counters, a new range and microwave (2020) and the kind of simple, established charm that's increasingly hard to find this close to the city. Out back, the spacious lot and fenced back yard leaves room to garden, gather, play, or simply dream a little bigger, with a storage shed already in place for the practical stuff.  Only a few steps away from Culpepper Circle Park, this location keeps Downtown Raleigh, Historic Oakwood, Person Street, WakeMed and some of the city's best dining, entertainment and everyday conveniences within easy reach.   The 30 year roof was replaced in 2019 by Artisan Roofers and the HVAC is a 2020 Rheem gas pack.  There is still cosmetic work to be done, but that's the part that makes this a prime investment opportunity. Priced with its current condition in mind, 409 Culpepper offers an approachable entry point for a first-time buyer ready to build some sweat equity or an investor with an eye for what this little Raleigh home could become. The polish may come later. The lot, location and charm are already here.
Unit Size
1,037 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$279
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1955

Listed By

Ryan Sabatini
Rich Realty Group

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Last updated: 21 days ago (TMLS #10191790)

Price History

Date / Event Date Event Price
Oct 5, 2026 In contract -
In contract
Sep 30, 2026 Price Decreased $289,000
↓ $11K (3.6%)
Price Decreased
Sep 8, 2026 Listed by Rich Realty Group $299,900
Listed by Rich Realty Group
Oct 9, 2014 Sold
Sold
Jul 9, 2007 Sold
Sold

Property Highlights

Air Conditioning
Parking Details
Has Open Parking
Parking Features: Gravel, Parking Pad
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Crown Molding, Granite Counters, Smart Thermostat, Stone Counters
Appliances: Built-In Electric Range, Built-In Range, Dishwasher, Electric Range, Free-Standing Electric Range, Free-Standing Refrigerator, Ice Maker, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
Flooring Type: Hardwood, Tile, Wood
Laundry Features: Laundry Room
Rooms: 6
Exterior Details
Square Footage: 1037
Security Features: Fire Sprinkler System, Smoke Detector(s)
Property Condition: Fixer
Architectural Style: Bungalow, Traditional
Year Built: 1955
Building Area Total: 1037
Levels: One
Other Structures: Outbuilding, Shed(s), Storage
Window Features: Insulated Windows
Construction Materials: Brick, Vinyl Siding
Patio and Porch Features: Covered, Front Porch, Porch, Rear Porch
Lot Features: Back Yard, Front Yard, Garden, Near Public Transit
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Size Acres: 0.22
Lot Size Square Feet: 9583
Water Source: Public
Financial Details
Tax Map Number: 29
Tax Assessed Value: $325,466
Tax Annual Amount: $2,979
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric, Heat Pump
Heating Type: Heat Pump
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1990
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,012
  • Building Area: 1,012
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,012
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EXT
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO29 EXT 1 LONGVIEW PARK BLO BM1952-00118

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051900

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0056556
  • District: 01
  • Parcel: 1714.20-71-5588 0056556
  • Lot: 29
  • Municipality: RALEIGH
  • Latitude: 35.787
  • Longitude: -78.6035

    Address

  • Full Address: 409 Culpepper Ln
  • Address - House Number: 409
  • Address - Street Name: Culpepper
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C011
  • 4-Digit Zip Code: 1736
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $250,641

    Appraisal Valuation

  • Standard Deviation: 0.1269
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 85
  • Final Value: 367,276
  • High Value: 413,905
  • Low Value: 320,646

    Market Valuation

  • Market Total Value: $228,111
  • Market Land Value: $115,000
  • Market Improvement Value: $113,111

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,111
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $113,111

    Sales

  • Current Sale Contract Date: Oct 07, 2014
  • Current Sale Recording Date: Oct 09, 2014
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 09, 2007
  • Previous Sale Contract Date: Jul 03, 2007
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East Raleigh


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Frequently Asked Questions

When was property at 409 Culpepper Lane built and last sold?
The property at 409 Culpepper Lane was built in 1955 and last sold on Oct 7, 2014 for $133,500.
How much is this home worth?
The estimated value of the home located at 409 Culpepper Lane is $292,709.
What are some comparable homes to 409 Culpepper Lane?
There are currently no comparable homes to 409 Culpepper Lane.