See Home Value
$601,000
● House - Off Market

509 Frank Street

Raleigh, NC 27604
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,172 Ft²
$3,244
Est. Monthly

About This Property

Welcome to 509 Frank Street, a charming 2-bedroom, 2-bath bungalow tucked into one of Raleigh's most beloved historic neighborhoods. Hardwood floors and an inviting, one-level layout flow through the spacious family room, dining area, and kitchen. The oversized primary bedroom with en-suite bathroom offers a surprising amount of space and privacy, while the well-proportioned second bedroom adds flexibility for a variety of uses. Measuring approximately 1,172 square feet, this home is smartly configured to also include a dedicated laundry area and generous rear storage.  Outside, a picturesque front porch sets the welcoming tone, while the large rear deck and patio extend the living space into a fully fenced backyard with plenty of room to entertain, garden, play, or let pets roam. A detached storage building with electricity adds even more flexibility for bikes, tools, hobbies, or outdoor gear.  Set in Historic Mordecai, 509 Frank Street is just minutes from Mordecai Historic Park, the restaurants, shops, and coffee spots along Person Street and Seaboard, and all that downtown Raleigh has to offer. Classic Raleigh character, a fantastic backyard, and an in-town location that's hard to beat.
Unit Size
1,172 Ft²
Days on Market
42 days
Land Size
0.15 acres
Price per sqft
$499
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1939

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Last updated: 19 days ago (TMLS #10190071)

Price History

Date / Event Date Event Price
Oct 13, 2026 Sold
Sold
Sep 5, 2026 In contract -
In contract
Sep 1, 2026 Listed by Hodge & Kittrell Sotheby's Int $585,000
Listed by Hodge & Kittrell Sotheby's Int
Mar 23, 2022 Sold
Sold
Jun 2, 2016 Sold
Sold
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Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 2000
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 6,534
  • Total Building Area: 962
  • Building Area: 962
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 962
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARRY TUCKER & HORADAY & FAUCETTE INC
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO39&40 HARRY TUCKER & HORNADAY & FAUCETTE INC BM1920-00244

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050500

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0020937
  • District: 01
  • Parcel: 1714.13-04-5998 0020937
  • Lot: 39,40
  • Municipality: RALEIGH
  • Latitude: 35.7964
  • Longitude: -78.6271

    Address

  • Full Address: 509 Frank St
  • Address - House Number: 509
  • Address - Street Name: Frank
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C046
  • 4-Digit Zip Code: 2017
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $378,068

    Appraisal Valuation

  • Standard Deviation: 0.1311
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 85
  • Final Value: 527,574
  • High Value: 596,771
  • Low Value: 458,378

    Market Valuation

  • Market Total Value: $345,016
  • Market Land Value: $250,000
  • Market Improvement Value: $95,016

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,016
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $95,016

    Sales

  • Current Sale Contract Date: Mar 23, 2022
  • Current Sale Recording Date: Mar 23, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Sep 11, 2000
  • Previous Sale Contract Date: Sep 08, 2000
  • Previous Sale Amount: $166,000
  • 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 Central Raleigh


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Frequently Asked Questions

When was property at 509 Frank Street built and last sold?
The property at 509 Frank Street was built in 1939 and last sold on Mar 23, 2022 for $420,000.
How much is this home worth?
The estimated value of the home located at 509 Frank Street is $584,914.
What are some comparable homes to 509 Frank Street?
There are currently no comparable homes to 509 Frank Street.