See Home Value
$480,000
● House - Off Market

4501 Ryegate Drive

Raleigh, NC 27604
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2,646 Ft²
$2,628
Est. Monthly

About This Property

4501 Ryegate Drive offers a rare combination of flexibility, functionality and thoughtful updates in a convenient Mid-Town Raleigh location near Capital Blvd, I-440, I-540, downtown Raleigh, shopping, dining and commuter routes. This well-maintained home features 5 bedrooms, 4 bathrooms, two full kitchens and multiple living spaces ideal for multi-generational living, guests, home office needs or income-producing possibilities. The main level includes an updated kitchen offering stainless steel appliances with natural gas convection range, granite countertops and subway tile backsplash. A spacious family room, a separate dining area and three bedrooms including the primary suite complete the main level.  The lower level features a second full eat-in kitchen open to a separate living room, an additional bedroom, two full bathrooms, a wood-burning fireplace and a large multi-purpose area currently configured with an additional bedroom created using non-structural walls for flexible use. Extensive updates include newer windows, updated plumbing, newer water heater, fresh interior paint, updated bathrooms, newer appliances, and recently resurfaced deck. Unique opportunity in an established Raleigh neighborhood.
Unit Size
2,646 Ft²
Days on Market
99 days
Land Size
0.26 acres
Price per sqft
$183
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1969

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Last updated: 3 months ago (TMLS #10165680)

Price History

Date / Event Date Event Price
Aug 14, 2026 Sold
Sold
Jul 10, 2026 In contract -
In contract
Jul 6, 2026 Price Decreased $485,000
↓ $15K (3%)
Price Decreased
May 7, 2026 Listed by Carolina's Choice Real Estate $500,000
Listed by Carolina's Choice Real Estate
Jun 29, 2004 Sold
Sold
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,242
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 2,484
  • Building Area: 2,484
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,484
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH SHORE
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO7 NORTHSHORE SE1 BLE BM1968-00184

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052704

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0032143
  • District: 13
  • Section: 1
  • Parcel: 1726.17-20-4905 0032143
  • Lot: 7
  • Municipality: NEUSE
  • Latitude: 35.8401
  • Longitude: -78.587

    Address

  • Full Address: 4501 Ryegate Dr
  • Address - House Number: 4501
  • Address - Street Name: Ryegate
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C044
  • 4-Digit Zip Code: 3537
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $203,495

    Appraisal Valuation

  • Standard Deviation: 0.1302
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 350,302
  • High Value: 395,936
  • Low Value: 304,668

    Market Valuation

  • Market Total Value: $199,008
  • Market Land Value: $65,000
  • Market Improvement Value: $134,008

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $199,008
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $134,008

    Sales

  • Current Sale Contract Date: Jun 29, 2004
  • Current Sale Recording Date: Jun 29, 2004
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 10, 2000
  • Previous Sale Contract Date: Sep 26, 2000
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Northeast Raleigh


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Frequently Asked Questions

When was property at 4501 Ryegate Drive built and last sold?
The property at 4501 Ryegate Drive was built in 1969 and last sold on Jun 29, 2004 for $137,500.
How much is this home worth?
The estimated value of the home located at 4501 Ryegate Drive is $489,850.
What are some comparable homes to 4501 Ryegate Drive?
There are currently no comparable homes to 4501 Ryegate Drive.