See Home Value
$500,050
● House - Off Market

617 Monroe Drive

Raleigh, NC 27604
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$2,289
Est. Monthly

About This Property

Do not miss an opportunity to buy in this growing area of Southeast Raleigh. Tear down and rebuild or buy/renovate and add value to this 2 bedroom home sitting on nearly a quarter acre lot. Just minutes from Downtown Raleigh. This is a court ordered sale & regulated by N.C.G.S. 1-339! Current Bid is $500,050. Upset bid will need to be $525,052.50 with a 5% deposit of $26,252.63. Upset bid will need to be made at the Wake County Courthouse. Deposit is non-refundable unless seller is unable to convey title. Home is sold as is.
Unit Size
864 Ft²
Days on Market
35 days
Land Size
0.22 acres
Price per sqft
$462
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1949

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Last updated: 19 days ago (TMLS #10190351)

Price History

Date / Event Date Event Price
Oct 8, 2026 Sold
Sold
Sep 22, 2026 In contract -
In contract
Sep 3, 2026 Listed by Drew Eddison Realty LLC $399,500
Listed by Drew Eddison Realty LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1980
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 9,583
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAPITAL HEIGHTS
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO48 CAPITAL HEIGHTS BM1945-00113

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0077093
  • District: 01
  • Parcel: 1714.13-13-6437 0077093
  • Lot: 48
  • Municipality: RALEIGH
  • Latitude: 35.7921
  • Longitude: -78.6235

    Address

  • Full Address: 617 Monroe Dr
  • Address - House Number: 617
  • Address - Street Name: Monroe
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C043
  • 4-Digit Zip Code: 2355
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $289,124

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 450,284
  • High Value: 506,020
  • Low Value: 394,547

    Market Valuation

  • Market Total Value: $283,579
  • Market Land Value: $180,000
  • Market Improvement Value: $103,579

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $283,579
  • Assessed Land Value: $180,000
  • Assessed Improvements Value: $103,579
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 617 Monroe Drive built and last sold?
The property at 617 Monroe Drive was built in 1949 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 617 Monroe Drive is $400,618.
What are some comparable homes to 617 Monroe Drive?
There are currently no comparable homes to 617 Monroe Drive.