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Sold for $1,550,000
    • $1,550,000

    506 Cole St, Raleigh, NC 27605

    5beds
    3,736sqft
    Single Family Residence
    Built in 2023
    7,405 Square Feet Lot
    $1,691,800 Zestimate®
    $415/sqft
    $4,799 Estimated rent

    Home value

    $1,691,800

    $1.57M - $1.83M

    $4,799/mo

    Zestimate® history
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    What's special

    New homeEnergy efficient constructionLots of storageBack porchPrivate home officeStudio spaceUpgraded appliances
    Parade of Homes SILVER award winner by Revolution Homes. UNPARALLELED LOCATION Welcome to the most walkable zip code in Raleigh! Nestled between 5 Points, the Village District and Glenwood South, this new construction home is steps away from restaurants, schools, parks, shops and entertainment. Originally developed in 1905, the historic Glenwood-Brooklyn neighborhood gives you all the character of yesteryear while the new home provides all the creature comforts of today. AMAZING DESIGN Flow from main areas onto back porch provides indoor/outdoor living. Multiple flex spaces. Lots of storage, energy efficient construction, upgraded appliances- too many features to list! The 3- car garage with a 1 BR apartment overhead provides endless possibilities. Private home office? Studio space? Au pair or in-law suite? AirBnB? You decide! Living Reimagined with Revolution Homes! NOTE: 4,562 sq ft of livable space: 3,736 in the 5- bedroom home PLUS 826 in the 1- bedroom garage apartment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jill Christensen Mertens 919-673-9643,

    Metro Digs, Inc

    Bought with:

    Missy Farrell, 279825

    Berkshire Hathaway HomeService

    Source: Doorify MLS,MLS#: 2533777MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Second
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Second
    Bedroom 4
    • Level: Second
    Bedroom 5
    • Level: Second
    Bathroom 2
    • Level: Main
    Bonus room
    • Level: Third
    Dining room
    • Level: Main
    Other
    • Level: Main
    Family room
    • Level: Main
    Kitchen
    • Level: Main
    Kitchen
    • Description: 2nd Kitchen
    • Level: Second
    Mud room
    • Level: Main
    Office
    • Level: Main
    Other
    • Description: Loft
    • Level: Second
    Other
    • Description: Mudroom
    • Level: Main
    Other
    • Description: Apartment
    • Level: Second
    Utility room
    • Level: Second
    Heating
    • Heat Pump, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Cooktop, Microwave, Range, Refrigerator, Range Hood, Tankless Water Heater, Wall Oven
    • Laundry: Multiple Locations, Upper Level
    Features
    • Bookcases, Ceiling Fan(s), Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Pantry, Walk-In Closet(s), Wired for Sound, Apartment/Suite, Shower Only, Walk-In Shower, Quartz Counters, Smooth Ceilings
    • Flooring: Carpet, Hardwood, Tile
    • Windows: Insulated Windows
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas, Gas Log
    Interior area
    • Total structure area: 3,736
    • Total interior livable area: 3,736 sqft
    • Finished area above ground: 3,736
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Concrete, Detached, Driveway, Garage, Garage Door Opener, On Street
    • Garage spaces: 3
    • Uncovered spaces: 3
    Features
    • Levels: Tri-Level
    • Patio & porch: Deck, Porch, Screened
    • Exterior features: Rain Gutters
    Lot
    • Size: 7,405 Square Feet
    • Dimensions: 50 x 150
    Details
    • Parcel number: 15
    • Zoning: R-10
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman,Traditional,Transitional
    • Property subtype: Single Family Residence
    Materials
    • Fiber Cement, Radiant Barrier
    Condition
    • New construction: Yes
    • Year built: 2023
    • Major remodel year: 2023
    Details
    • Builder name: Revolution Homes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available
    Green energy
    • Energy efficient items: Thermostat

    Community & HOA

    Community
    • Features: Historical Area
    HOA
    • Has HOA: No
    Location
    • Region: Raleigh

    Financial & listing details

    • Price per square foot: $415/sqft
    • Tax assessed value: $5,194
    • Annual tax amount: $5,194
    • Date on market: 9/22/2023
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    4/15/2024Sold$1,550,000-7.1%$415/sqft
    Source: Doorify MLS #2533777 Report a problem
    3/18/2024Pending sale$1,668,800$447/sqft
    Source: NextHome #2533777 Report a problem
    2/8/2024Price change$1,668,800-1.8%$447/sqft
    Source: Doorify MLS #2533777 Report a problem
    10/26/2023Price change$1,700,000-3.9%$455/sqft
    Source: Doorify MLS #2533777 Report a problem
    9/25/2023Listed for sale$1,768,800-4.4%$473/sqft
    Source: Doorify MLS #2533777 Report a problem
    6/30/2023Listing removed--
    Source: Doorify MLS #2479193 Report a problem
    6/20/2023Listed for sale$1,850,000$495/sqft
    Source: Doorify MLS #2479193 Report a problem
    6/9/2023Listing removed--
    Source: Doorify MLS #2479193 Report a problem
    10/14/2022Listed for sale$1,850,000+2.8%$495/sqft
    Source: Doorify MLS #2479193 Report a problem
    9/16/2022Listing removed--
    Source: Doorify MLS #2469220 Report a problem
    8/18/2022Listed for sale$1,799,900+359.2%$482/sqft
    Source: Doorify MLS #2469220 Report a problem
    7/29/2021Sold$392,000-12.9%$105/sqft
    Source: Public Record Report a problem
    1/14/2021Listing removed--
    Source: Doorify MLS Report a problem
    9/25/2020Price change$450,000-14.3%$120/sqft
    Source: EXP Realty #2334756 Report a problem
    8/3/2020Listed for sale$525,000+123.4%$141/sqft
    Source: eXp Realty LLC #2334756 Report a problem
    8/28/1998Sold$235,000$63/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,261 +0.4%$1,630,653
    2024$14,202 +339.4%$1,630,653 +450%
    2023$3,232 +12%$296,500 +4%
    2022$2,886 $285,000
    2021-- $285,000
    2020$4,824 -0.6%$285,000 -31.4%
    2019$4,855 $415,503
    2018$4,855 +11.3%$415,503 -5%
    2017$4,362 -2.9%$437,226
    2016$4,494 -0.1%$437,226 +1.5%
    2015$4,501 +5.4%$430,760
    2014$4,269 $430,760
    2013-- $430,760
    2012-- $430,760
    2011-- $430,760
    2010-- $430,760
    2009-- $430,760
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: Five Points

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Partnership Elementary
    • Middle: Wake - Oberlin Middle
    • High: Wake - Needham Broughton 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
    $1,691,800
    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
    $1,691,800

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