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Sold for $980,000
  • $980,000

    542 E Martin St, Raleigh, NC 27601

    4beds
    2,450sqft
    Single Family Residence
    Built in 2001
    9,583 Square Feet Lot
    $939,800 Zestimate®
    $400/sqft
    $3,863 Estimated rent

    Home value

    $939,800

    $883,000 - $996,000

    $3,863/mo

    Zestimate® history
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    What's special

    This beautifully renovated home in downtown Raleigh blends historic charm with modern living. Designed by Maurer Architecture and updated in 2012 and 2019, it offers a spacious, open layout with high-end finishes throughout. The upstairs primary suite features 15-foot vaulted ceilings and large windows that fill the room with natural light, offering views of the downtown skyline and Chavis Greenway. The luxurious primary bathroom includes a clawfoot tub, walk-in shower with multiple fixtures, and elegant tilework, creating a spa-like retreat. Hardwood floors throughout add timeless elegance, and the open layout creates a seamless flow between spaces. The chef's kitchen is equipped with Viking ovens, a gas range, and a spacious walk-in pantry—perfect for both cooking and entertaining. The adjacent mudroom offers practical storage for daily needs. The first floor includes a flexible guest bedroom or office, ideal for working from home or hosting visitors. The living and dining areas are filled with natural light and are designed for effortless flow, perfect for casual living or entertaining. The expansive backyard, one of the largest in downtown Raleigh, offers plenty of space for outdoor activities or relaxing. A screened-in back deck, designed by Ashley Morris, provides a tranquil space to unwind, with wired audio inside and out to set the perfect mood. Located just one block from Transfer Co. Food Hall, you'll enjoy easy access to a variety of food and drink options. Roshambo Bottle Shop, Raleigh Wine Shop, Burial Outpost Brewery, and Little Native Coffee are also nearby. A short 5-minute walk takes you to City Market and Fayetteville Street, where you can explore shops, restaurants, and entertainment. Situated in the historic Olde East Raleigh and St. Petersburg neighborhoods, this home combines the vibrancy of a growing community with the convenience of downtown living. The large lot also offers potential for future development, such as an above-garage ADU. This home is more than just a place to live—it's a rare opportunity to enjoy historic charm, modern amenities, and an unbeatable downtown location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Queen 919-606-2905,

    Monarch Realty Co.

    Bought with:

    Daryl Pendry, 276213

    Hometowne Realty Garner

    Source: Doorify MLS,MLS#: 10066890MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Second
    Bedroom 2
    • Level: Second
    Bedroom 3
    • Level: Second
    Bedroom 4
    • Level: Main
    Primary bathroom
    • Level: Upper
    Bathroom 2
    • Level: Upper
    Bathroom 3
    • Level: Main
    Dining room
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Mud room
    • Level: Main
    Heating
    • Central, Heat Pump, Natural Gas, Zoned
    Cooling
    • Central Air, Ceiling Fan(s), Gas, Heat Pump, Zoned
    Appliances
    • Included: Disposal, Dishwasher, Exhaust Fan, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Cooktop, Gas Oven, Gas Range, Oven, Plumbed For Ice Maker, Range, Refrigerator, Range Hood, Stainless Steel Appliance(s), Wall Oven
    • Laundry: Laundry Room, Upper Level
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Open Floorplan, Pantry, Recessed Lighting, Sound System, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound, Kitchen/Dining Room Combination, Living/Dining Room Combination, Butler's Pantry, Bathtub/Shower Combination, Walk-In Shower, Smooth Ceilings
    • Flooring: Hardwood, Tile
    • Doors: French Doors
    • Windows: Double Pane Windows, Insulated Windows, Low-Emissivity Windows, Plantation Shutters, Wood Frames
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,450
    • Total interior livable area: 2,450 sqft
    • Finished area above ground: 2,450
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Additional Parking, Concrete, Driveway, Off Street, On Site, On Street, Outside, Paved, Tandem
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Level Flooring
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Front Porch, Patio, Porch, Rear Porch, Screened, Side Porch
    • Exterior features: Garden, Private Yard, Rain Gutters, Storage, Fenced Yard
    • Pool features: None
    • Spa features: None
    • Fencing: Back Yard,Full,Privacy,Wood
    • Has view: Yes
    • View description: City Lights, Downtown, Garden, Neighborhood, Park/Greenbelt, Skyline
    Lot
    • Size: 9,583 Square Feet
    • Dimensions: 45 x 235.04 x 52.57 x 205.68
    • Features: Back Yard, City Lot, Front Yard, Garden, Landscaped, Private, Secluded, Views
    • Residential vegetation: Grassed
    Details
    • Additional structures: Shed(s), Storage
    • Parcel number: 1703975731
    • Zoning: R-10
    • Special conditions: Seller Licensed Real Estate Professional
    • Other equipment: Dehumidifier

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Craftsman,Traditional
    • Property subtype: Single Family Residence
    Materials
    • Batts Insulation, Fiber Cement, HardiPlank Type
    • Foundation: Block, Brick/Mortar, Combination
    • Roof: Architectural Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 2001
    • Major remodel year: 2012

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Park, Playground, Restaurant, Street Lights, Sidewalks, Historical Area
    • Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Security System
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Raleigh

    Financial & listing details

    • Price per square foot: $400/sqft
    • Tax assessed value: $705,729
    • Annual tax amount: $6,149
    • Date on market: 12/23/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/26/2025Sold$980,000-1.5%$400/sqft
    Source: Doorify MLS #10066890 Report a problem
    2/1/2025Pending sale$995,000$406/sqft
    Source: Doorify MLS #10066890 Report a problem
    1/17/2025Price change$995,000-7.4%$406/sqft
    Source: Doorify MLS #10066890 Report a problem
    12/23/2024Listed for sale$1,075,000+536.1%$439/sqft
    Source: Doorify MLS #10066890 Report a problem
    9/20/2012Sold$169,000+41.4%$69/sqft
    Source: Doorify MLS #1844719 Report a problem
    7/18/2012Pending sale$119,500$49/sqft
    Source: RE/MAX UNITED #1844719 Report a problem
    7/7/2012Listed for sale$119,500-40.1%$49/sqft
    Source: RE/MAX UNITED #1844719 Report a problem
    7/2/2012Sold$199,598+66.3%$81/sqft
    Source: Public Record Report a problem
    6/21/2012Listed for sale--
    Source: Homepath Report a problem
    10/15/2001Sold$120,000$49/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,175 +0.4%$705,729
    2024$6,149 +18.7%$705,729 +49.1%
    2023$5,181 +7.6%$473,484
    2022$4,814 +4%$473,484
    2021$4,627 +1.9%$473,484
    2020$4,543 +24.3%$473,484 +51%
    2019$3,655 $313,668
    2018$3,655 +11.3%$313,668
    2017$3,283 +2.1%$313,668 +3.7%
    2016$3,216 +126.5%$302,342 +176.6%
    2015$1,420 +32.3%$109,311
    2014$1,073 $109,311 -31.8%
    2013-- $160,187
    2012-- $160,187
    2011-- $160,187
    2010-- $160,187
    2009-- $160,187
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: South Central

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Root Elementary
    • Middle: Wake - Moore Square 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
    $939,800
    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
    $939,800