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Sold for $305,000
  • $305,000

    2467 Milburnie Rd, Raleigh, NC 27610

    3beds
    1,088sqft
    Single Family Residence
    Built in 1962
    0.34 Acres Lot
    $352,100 Zestimate®
    $280/sqft
    $2,155 Estimated rent

    Home value

    $352,100

    $334,000 - $370,000

    $2,155/mo

    Zestimate® history
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    What's special

    Brick ranch homeOversized corner lot
    Just minutes from Downtown Raleigh, this brick ranch home in Raleigh's growing Lockwood neighborhood presents an exciting opportunity for investors, builders, or buyers looking for their next project. Situated on a spacious .34-acre corner lot, the 1962 single-family home offers approximately 1,000 square feet with 3 bedrooms and 1.5 baths -- making it an ideal tear-down, renovation, rental property, or fixer-upper opportunity in a location where land and proximity to downtown continue to grow in value. The oversized corner lot is truly the standout feature, offering exceptional potential in an area surrounded by ongoing growth and redevelopment. Conveniently located near WakeMed Hospital, Raleigh Country Club, Alamo Drafthouse Cinema Raleigh, I-440, and all the dining, entertainment, and energy of Downtown Raleigh, this property is perfectly positioned for someone ready to reimagine its next chapter.

    Zillow last checked:

    Listing updated:

    Listed by:

    Annette Holt 919-810-2203,

    Compass -- Cary

    Bought with:

    Cieraca Rhodes, 268705

    The Vanyette Realty Group, LLC

    Source: Doorify MLS,MLS#: 10168560MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 138 Square Feet
    • Dimensions: 11.5 x 12
    Bedroom 2
    • Level: Main
    • Area: 122.4 Square Feet
    • Dimensions: 10.2 x 12
    Bedroom 3
    • Level: Main
    • Area: 115.2 Square Feet
    • Dimensions: 9.6 x 12
    Kitchen
    • Level: Main
    • Area: 160.8 Square Feet
    • Dimensions: 12 x 13.4
    Living room
    • Level: Main
    • Area: 232.8 Square Feet
    • Dimensions: 12 x 19.4
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Hardwood, Tile
    Interior area
    • Total structure area: 1,088
    • Total interior livable area: 1,088 sqft
    • Finished area above ground: 1,088
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: 171420829058000 0059877
    • Zoning: R-6
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick, Vinyl Siding
    • Foundation: Pillar/Post/Pier, Crawlspace
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Lockwood
    HOA
    • Has HOA: No
    Location
    • Region: Raleigh

    Financial & listing details

    • Price per square foot: $280/sqft
    • Tax assessed value: $362,510
    • Annual tax amount: $3,181
    • Date on market: 5/20/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/27/2026Sold$305,000-16.4%$280/sqft
    Source: Doorify MLS #10168560 Report a problem
    8/10/2026Pending sale$365,000$335/sqft
    Source: Doorify MLS #10168560 Report a problem
    7/25/2026Price change$365,000-3.9%$335/sqft
    Source: Doorify MLS #10168560 Report a problem
    5/20/2026Listed for sale$380,000-6.2%$349/sqft
    Source: Doorify MLS #10168560 Report a problem
    1/25/2022Sold$405,000-10%$372/sqft
    Source: Public Record Report a problem
    12/18/2021Pending sale$450,000$414/sqft
    Source: Doorify MLS #2417694 Report a problem
    11/5/2021Listed for sale$450,000$414/sqft
    Source: Doorify MLS #2417694 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,181 +0.4%$362,510
    2024$3,168 +24.7%$362,510 +56.7%
    2023$2,542 +7.6%$231,340
    2022$2,362 +4%$231,340
    2021$2,271 +1.8%$231,340
    2020$2,230 +46%$231,340 +77.8%
    2019$1,528 $130,101
    2018$1,528 +11.2%$130,101
    2017$1,373 +2.1%$130,101
    2016$1,345 $130,101 +35.5%
    2015-- $96,017
    2014$963 $96,017
    2013-- $96,017
    2012-- $96,017
    2011-- $96,017
    2010-- $96,017
    2009-- $96,017
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: East Raleigh

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Douglas Elementary
    • Middle: Wake - Martin Middle
    • High: Wake - William G Enloe High

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $352,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $352,100