See Home Value
$368,000
↓ $47K (10.6%)
● House - Off Market

816 Peyton Street

Raleigh, NC 27610
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,949 Ft²
$377,966
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Totally Redone! Lovley open concept living area/kitchen with new cabinets, granite counter tops and stainless-steel appliances! (Seller is willing to add a NEW stainless steel fridge with the right offer!) Rare 4 bedroom home with 3 full baths! Move in ready or would make a great short or long-term rental.  Nice size yard, freshy landscaped. NO HOA or monthly fees! Fenced in back yard with a shed, bring your pets/ great for entertaining. Cozy rocking chair front porch just in time for summer! Lots of room if you need an office/ flex room, come see this one today! New price, and VA, USDA / FHA financing accepted. Seller can help with closing costs for the right offer, make us an offer today and move in, in time for a July 4th cookout!  Go and Show!
Unit Size
1,949 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$194
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1960

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Last updated: 2 years ago (TMLS #2484084)

Price History

Date / Event Date Event Price
Jul 19, 2025 Price Decreased $398,000
↓ $47K (10.6%)
Price Decreased
Apr 10, 2025 Price Decreased $445,000
↓ $10K (2.2%)
Price Decreased
Feb 3, 2025 Listed $455,000
Listed
Unlock the potential of this stunning 4-bedroom, 3.5-bathroom income-producing property, perfectly positioned in the heart of vibrant Downtown Raleigh! With previous special use permit, this versatile gem is ideal for assisted living, a group home, or continued success as a profitable Airbnb. Why This Property Stands Out: Spacious & Modern Design: Enjoy an open floor plan, perfect for entertaining, with a seamless flow between the living, dining, and kitchen areas. Prime Location: Steps away from Downtown Raleigh's best dining, entertainment, and cultural hotspots, plus convenient access to the bus line for effortless transit. Outdoor Appeal: A fenced-in backyard area for a cozy fire pit, offering a private oasis for residents or guests. Turnkey Investment: generating income with endless potential for customization to maximize returns. Property Highlights: 4 spacious bedrooms for flexible use 3 full bathrooms + 1 half bath for convenience Fenced backyard with area for a fire pit for relaxation or guest enjoyment Unbeatable location near all that Downtown Raleigh has to offer Don't miss this rare opportunity to own a property with incredible income potential and a location that's in high demand! Schedule a showing today to explore this one-of-a-kind investment. Please note: Water is currently turned off but will be activated for inspections.
Jul 12, 2023 Sold
Sold
Nov 17, 2022 Listed by Highgarden Real Estate NC $379,000
Listed by Highgarden Real Estate NC
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Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 10,454
  • Total Building Area: 1,907
  • Building Area: 1,907
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,907
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STRATFORD PARK
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO5 STRATFORD PK BLF BM1960-00129

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052002

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0009939
  • District: 01
  • Parcel: 1713.15-73-1656 0009939
  • Lot: 5
  • Municipality: RALEIGH
  • Latitude: 35.7652
  • Longitude: -78.6051

    Address

  • Full Address: 816 Peyton St
  • Address - House Number: 816
  • Address - Street Name: Peyton
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C012
  • 4-Digit Zip Code: 3544
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $179,791
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.068
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 96
  • Final Value: 518,341
  • High Value: 553,624
  • Low Value: 483,058

    Market Valuation

  • Market Total Value: $163,111
  • Market Land Value: $50,000
  • Market Improvement Value: $113,111

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,111
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $113,111

    Sales

  • Current Sale Contract Date: Jul 11, 2023
  • Current Sale Recording Date: Jul 12, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 12, 2022
  • Previous Sale Contract Date: Apr 11, 2022
  • Previous Sale Amount: $301,000
  • 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 Southeast Raleigh


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Frequently Asked Questions

When was property at 816 Peyton Street built and last sold?
The property at 816 Peyton Street was built in 1960 and last sold on Jul 11, 2023 for $368,000.
How much is this home worth?
The estimated value of the home located at 816 Peyton Street is $362,363.
What are some comparable homes to 816 Peyton Street?
There are currently no comparable homes to 816 Peyton Street.