517 N East St, Raleigh, NC, 27604
About This Home
Step into a piece of Raleigh history with this captivating HISTORIC OAKWOOD home! Fun Fact: This Queen Anne frame cottage was originally built in 1901 by contractor Jacob S. Allen for widow Lula Davis, at a cost of $1,785!! Wow. This home is filled with tons of character . . . HARDWOODS everywhere, 11 ft. ceilings, 4 spacious bedrooms, FIREPLACES, and European kitchen (Sub Zero, farm sink and marble counters included!). Incredible basement & walkup storage (future expansion?!). Outside, the property continues to impress with its curb appeal and prime location. Situated in a highly sought-after downtown pocket, you are just moments away from some of the city's best restaurants, Seaboard Station, and cultural landmarks. This isn't just a home; it's an opportunity to own a slice of one of Raleigh's most celebrated neighborhoods blending historic soul and urban convenience.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1901
Materials
- Foundation: Block,See Remarks
- Roof: Metal, Shingle
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage, Traditional, Victorian
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Built-In Freezer,Built-In Gas Range,Built-In Refrigerator,Cooktop,Dryer,Gas Cooktop,Oven,Range Hood,Refrigerator,Washer
- Laundry features: Laundry Closet,Main Level
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bathtub/Shower Combination,Cedar Closet(s),Chandelier,Crown Molding,Dual Closets,Entrance Foyer,High Ceilings,Smooth Ceilings,Stone Counters,Storage,Walk-In Closet(s)
- Door features: French Doors
- Flooring: Hardwood,Tile,Wood
- Number of fireplaces: 3
- Fireplace features: Decorative,Wood Burning Stove
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 2,201
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Radiant,Wood Stove,None
- Cooling features: Central Air
Interior Area
- Total structure area: 2,201
- Total interior livable area: 2,201 sqft
Property
Accessibility
- Accessibility features: Level Flooring
Details
- Parcel number: 170420910485000 0020757
- Zoning: R-10
- Special condition: Standard
Features
- Levels: One, One and One Half
- Stories: 1
- Patio & porch: Covered,Deck,Front Porch,Porch,Wrap Around
- Exterior features: Rain Gutters
- Has view: Yes
- View description: Neighborhood,Trees/Woods
Lot
- Lot size: 5,662 sqft
- Features: Back Yard,City Lot,Front Yard,Hardwood Trees
Parking
- Parking features: Driveway,On Street
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
- Heat Wave
- Inland Flooding
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Wake County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,309 | $63,708 |
| Home Insurance * | $417 | $5,004 |
| Property Taxes | $356 | $4,272 |
| Electricity | $205 | $2,460 |
| Total | $6,287 | $75,444 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Price change | $1,050,000 |
| 2026-06-27 | Listed for sale | $1,095,000 |
| 2025-08-05 | Listing removed | $1,149,999 |
| 2025-06-10 | Price change | $1,149,999 |
| 2025-06-03 | Price change | $1,199,999 |
| 2025-05-19 | Listed for sale | $1,200,000 |
| 2025-05-10 | Listing removed | $1,200,000 |
| 2025-01-24 | Listed for sale | $1,200,000 |
| 2024-08-06 | Listing removed | -- |
| 2024-07-01 | Listed for sale | $1,450,000 |
| 1999-08-17 | Sold | $247,500 |
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