For sale

$449,000

1616 Thompson St, Raleigh, NC 27603

3beds

1,069sqft

$2,763/mo

Get pre-qualified

Single Family Residence

Built in 2002

5,662 Square Feet Lot

$436,900 Zestimate^®

$420/sqft

$-- HOA

What's special

Well maintained ranch bungalowFlat lot

LOCATION, LOCATION, LOCATION in the heart of Raleigh! Well maintained ranch bungalow just minutes from the NC Farmers Market and downtown Raleigh! Flat lot and NO HOA. Don't miss out on this one. Just around the corner from proposed Downtown South sports entertainment facility! A must see!

13 days
194
6

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3

Primary bedroom

Level: Main

Heating

Electric, Heat Pump

Cooling

Central Air, Ceiling Fan(s), Electric, Heat Pump

Appliances

Included: Dishwasher, Electric Range, Free-Standing Electric Range, Free-Standing Refrigerator, Free-Standing Range, Ice Maker, Range, Refrigerator, Range Hood, Stainless Steel Appliance(s)
Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup

Features

Ceiling Fan(s), Crown Molding, Laminate Counters, Open Floorplan, Recessed Lighting
Flooring: Laminate, Vinyl, Wood
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,069
Total interior livable area: 1,069 sqft
Finished area above ground: 1,069
Finished area below ground: 0

Property

Features

Levels: One
Stories: 1
Patio & porch: Covered, Deck, Front Porch, Patio, Porch
Exterior features: Private Yard, Rain Gutters, Storage
Fencing: Back Yard,Fenced,Gate
Has view: Yes
View description: Trees/Woods

Lot

Size: 5,662 Square Feet
Features: Back Yard

Details

Additional structures: Outbuilding, Shed(s), Storage
Parcel number: 170318315374000 0049933
Zoning: R-6
Special conditions: Standard
Other equipment: Satellite Dish

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow,Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Brick/Mortar, Concrete Perimeter, Raised
Roof: Shingle

Condition

New construction: No
Year built: 2002

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Curbs, Suburban
Subdivision: Caraleigh Mills

HOA

Has HOA: No

Location

Region: Raleigh

Financial & listing details

Price per square foot: $420/sqft
Tax assessed value: $227,500
Annual tax amount: $3,891
Date on market: 10/16/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

Estimated market value

$436,900

$415,000 - $459,000

$1,953/mo

Price history

Date	Event	Price
10/16/2026	Listed for sale	$449,000-10.2%$420/sqft
Source: Doorify MLS #10198969 Report a problem
6/13/2023	Listing removed	--
Source: Doorify MLS #2510383 Report a problem
6/4/2023	Price change	$499,900-8.9%$468/sqft
Source: Doorify MLS #2510383 Report a problem
5/12/2023	Listed for sale	$549,000+61.5%$514/sqft
Source: Doorify MLS #2510383 Report a problem
4/13/2023	Sold	$340,000+193.1%$318/sqft
Source: eXp Realty #107163940 Report a problem
7/18/2008	Sold	$116,000+8.9%$109/sqft
Source: Public Record Report a problem
11/19/2002	Sold	$106,500$100/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,414 +0.4%	$389,122
2024	$3,400 +62.5%	$389,122 +104.7%
2023	$2,092 +113%	$190,099
2022	$982 +4%	$190,099
2021	$945 +1.8%	$190,099
2020	$928 +24.9%	$190,099 +52.4%
2019	$743	$124,770
2018	$743 +11.1%	$124,770
2017	$669 +2%	$124,770
2016	$656 -51.7%	$124,770 -3.4%
2015	$1,357 +5.4%	$129,106
2014	$1,288	$129,106
2013	--	$129,106
2012	--	$129,106
2011	--	$129,106
2010	--	$129,106
2009	--	$129,106
2008	--	--
2007	--	--
2006	--	--
2005	--	--
2004	--	--