For sale

Price cut: $29K (11/5)

$695,000

504 Banks St, Raleigh, NC 27604

3beds

1,671sqft

$4,272/mo

Get pre-qualified

Single Family Residence

Built in 1958

10,018 Square Feet Lot

$675,500 Zestimate^®

$416/sqft

$-- HOA

What's special

Separate living spaceBeautifully updated ranchNatural lightingProgrammable rain bird irrigationThoughtful custom organization throughoutEv chargerVaulted ceilings

Sellers are offering $5,000 credit a interest rate buy-down. Welcome to this beautifully updated ranch with 2,126 sq. ft. of livable space, including a 455-sq. ft. ADU. Nestled inside the beltline, this home features vaulted ceilings, original hardwood floors, and natural lighting as well as truly unique ones like a separate living space, covered parking, and programmable Rain Bird irrigation. The house lives large with ample storage and thoughtful, custom organization throughout. A tankless water heater, sealed crawl space, energy-efficient windows, and EV charger offer sustainability benefits. You'll enjoy being within walking distance to restaurants like Mala Pata, bars like Natural Science, and the Union Special bakery. You're also within 2 miles of the many restaurants and shops at Iron Works and Person Street, as well as ones on Brookside like Big Cat.

31 days
1,072
76

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Main level bedrooms: 3

Primary bedroom

Level: Main
Area: 177.38 Square Feet
Dimensions: 12.67 x 14.0

Bedroom 2

Level: Main
Area: 158.48 Square Feet
Dimensions: 13.58 x 11.67

Bedroom 3

Level: Main
Area: 130.35 Square Feet
Dimensions: 11.17 x 11.67

Primary bathroom

Level: Main
Area: 92.61 Square Feet
Dimensions: 7.08 x 13.08

Bathroom 2

Level: Main
Area: 95.22 Square Feet
Dimensions: 9.0 x 10.58

Den

Level: Main
Area: 130.37 Square Feet
Dimensions: 9.6 x 13.58

Dining room

Level: Main
Area: 61.73 Square Feet
Dimensions: 8.92 x 6.92

Kitchen

Level: Main
Area: 193.6 Square Feet
Dimensions: 13.75 x 14.08

Laundry

Level: Main
Area: 60.03 Square Feet
Dimensions: 9.0 x 6.67

Living room

Level: Main
Area: 385.39 Square Feet
Dimensions: 22.67 x 17.0

Heating

Forced Air, Natural Gas, Other

Cooling

Central Air, Ceiling Fan(s), Wall/Window Unit(s)

Appliances

Included: Bar Fridge, Disposal, Dishwasher, Gas Oven, Gas Range, Refrigerator, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan
Laundry: Laundry Room

Features

Beamed Ceilings, Built-in Features, Ceiling Fan(s), Crown Molding, Double Vanity, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Bathtub/Shower Combination, Walk-In Shower, Water Closet, Quartz Counters, Radon Mitigation, Smooth Ceilings
Flooring: Concrete, Hardwood, Tile
Windows: Double Pane Windows, Window Treatments

Interior area

Total structure area: 1,671
Total interior livable area: 1,671 sqft
Finished area above ground: 1,671
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Carport, Concrete, Covered, Driveway, Paved
Carport spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Front Porch, Patio
Exterior features: Garden, Lighting, Fenced Yard
Fencing: Back Yard,Fenced,Gate

Lot

Size: 10,018 Square Feet
Features: Front Yard, Landscaped, Native Plants, Hardwood Trees

Details

Additional structures: Guest House, Outbuilding, Residence, Storage, Workshop
Parcel number: 171411560837000 0052476
Zoning: R-10
Special conditions: Standard

Construction

Type & style

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

Materials

Fiber Cement
Foundation: Crawlspace
Roof: Metal,Architectural Shingle

Condition

New construction: No
Year built: 1958

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Woodcrest

HOA

Has HOA: No

Location

Region: Raleigh

Financial & listing details

Price per square foot: $416/sqft
Tax assessed value: $574,214
Annual tax amount: $5,240
Date on market: 10/8/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Road surface type: Asphalt

Estimated market value

$675,500

$642,000 - $709,000

$2,314/mo

Price history

Date	Event	Price
11/5/2026	Price change	$695,000-4%$416/sqft
Source: Doorify MLS #10197315 Report a problem
10/21/2026	Price change	$724,000-1.5%$433/sqft
Source: Doorify MLS #10197315 Report a problem
10/8/2026	Listed for sale	$735,000+203.1%$440/sqft
Source: Doorify MLS #10197315 Report a problem
10/19/2009	Sold	$242,500-3%$145/sqft
Source: Public Record Report a problem
5/1/2009	Listing removed	$250,000$150/sqft
Source: Listhub #1653190 Report a problem
3/15/2009	Listed for sale	$250,000+82.5%$150/sqft
Source: Listhub #1653190 Report a problem
3/31/2006	Sold	$137,000$82/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,028 +0.4%	$574,214
2024	$5,007 +20.5%	$574,214 +51.4%
2023	$4,154 +7.6%	$379,282
2022	$3,860 +4%	$379,282
2021	$3,710 +1.9%	$379,282
2020	$3,643 +45.8%	$379,282 +77.3%
2019	$2,499	$213,887
2018	$2,499 +11.3%	$213,887
2017	$2,245 +2.1%	$213,887
2016	$2,199 +18.1%	$213,887 +20.3%
2015	$1,862 +7.1%	$177,841 +1.6%
2014	$1,739	$175,055 +0.2%
2013	--	$174,700
2012	--	$174,700
2011	--	$174,700
2010	--	$174,700
2009	--	$174,700
2008	--	--
2007	--	--
2006	--	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--
2001	--	--