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12529 Norwood Rd, Raleigh, NC, 27613

2beds
2baths
1,490sqft
$399,000
$268price/sqft
$2,546/moest. monthly cost
$101,840/yrincome needed

About This Home

Tucked beneath mature, spreading trees, this home on 1.27-acre is a fantastic starter home or perfect ranch stile for anyone downsizing. The huge living room and sun-drenched sunroom offer flexible space to relax or entertain. The kitchen has just been updated with all-new appliances and gorgeous granite countertops — ready for its next owner to enjoy from day one. Outside, the oversized 1-car garage offers ample storage for tools and toys, backed up by a large shed, basement storage, and a huge asphalt parking area with plenty of room for extra cars, trailers, or equipment. Shady, private, and just 3 miles from 540 — This home has had significant updates done over the past few years including a new roof, new septic system, water treatment system and brand-new countertops and appliances making this home move in ready and removing potential surprises.

Getting Around

11
WalkingCar-Dependent
0
TransitNo Nearby Transit
19
BikeSomewhat Bikeable

Schools

4/10
8/10
West Millbrook MiddleGrades 6-85.0 mi
8/10
Leesville Road HighGrades 9-123.3 mi

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Block,Slab
  • Roof: Shingle
  • Construction materials: Aluminum Siding,Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Oven,Electric Range,Electric Water Heater,Free-Standing Electric Range,Free-Standing Refrigerator,Freezer,Microwave,Oven,Range,Range Hood,Refrigerator,Stainless Steel Appliance(s),Washer,Washer/Dryer,Water Heater,Water Softener,Water Softener Owned
  • Laundry features: In Garage

Basement

  • Has basement: Yes
  • Basement: Concrete, Daylight, Unheated, Workshop

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Entrance Foyer,Granite Counters,Storage
  • Window features: Aluminum Frames
  • Flooring: Carpet,Vinyl,Tile
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,490

Heating & Cooling

  • Heating features: Electric,Forced Air,Heat Pump,None
  • Cooling features: Central Air,Electric,Heat Pump

Interior Area

  • Total structure area: 1,490
  • Total interior livable area: 1,490 sqft

Property

Details

  • Parcel number: 078902756712000 0016957
  • Zoning: R-40W
  • Special condition: Seller Licensed Real Estate Professional

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Patio
  • Exterior features: Garden
  • Has view: Yes

Lot

  • Lot size: 1.27 Acres
  • Features: Back Yard,Front Yard,Garden,Gentle Sloping,Hardwood Trees,Landscaped,Many Trees
  • Lot size dimensions: 331 x 146

Parking

  • Total spaces: 9
  • Parking features: Asphalt,Attached,Driveway,Garage,Garage Door Opener,Garage Faces Side,Paved,Shared Driveway
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hail
Heat Wave
Inland Flooding

FEMA Declared Disasters in Wake County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$116$1,392
Property Taxes $213$2,556
Electricity $200$2,405
Total$2,546$30,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,291/yr
40% on housing$76,380/yr
45% on housing$67,893/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$268This listing

vs Other Active Listings

Avg $/sqft

ZIP 27613$229
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27613$250
Wake County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-23Price change$399,000
2026-07-09Listed for sale$415,000
2025-11-03Listing removed$1,850
2025-10-09Price change$1,850
2025-09-25Price change$1,875
2025-09-10Price change$1,925
2025-09-04Listed for rent$1,975
2019-06-16Listing removed$1,300
2019-06-04Listing removed$229,000
2019-06-04Listed for rent$1,300
2019-05-15Listed for sale$229,000
2019-04-01Sold$130,000

For Sale by Agent

AgentPhillip Bradrick
BrokerageApple Realty

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