1016 Mills St, Raleigh, NC, 27608
About This Home
Full of beautiful modern upgrades, this Raleigh gem in highly desirable Five-Points offers you a rare opportunity to own a completely move-in-ready property in a premium location just minutes from downtown, shopping, restaurants & multiple breweries! Once you pull up to this home you'll immediately fall in love with the oversized front porch and swing bench offering the perfect place for some morning coffee, an evening cocktail or simply relaxing and visiting with friends and family. A well landscaped yard will make it extremely simple to maintain, and a large flat backyard offers even more space to play or entertain and enjoy this ideal location. Did we mention there are no HOA fees?! When you step inside you can really feel the open floor plan expand the downstairs space and fill with natural light, and don't miss the gorgeous hardwood floors downstairs! Admire the gorgeous and functional kitchen with a gas range, quartz countertops, SS appliances, ample cabinetry, a pantry and a sizeable eat-in-kitchen. A new gas fireplace in the living room and a desirable downstairs primary bedroom makes it even more usable and comfortable no matter the season or stage of life. A completely updated primary en-suite comes with a glass enclosed walk-in shower, dual vanity and tile flooring. Heading upstairs you will find LVP flooring and another updated tile shower with a tub combo and 2 more spacious bedrooms. You have the flexibility upstairs to use these spaces as bedrooms, a dedicated home office, game room or even a fitness room! All the bedrooms have ceiling fans, windows have been updated, and for even more value even the roof was re-done a few years ago. Last but not least the backyard comes with a fantastic deck, attached storage shed, and a completely private lot with established trees lining the area and a flat and usable space. **Lynnwood Brewing, Bowstring, East End Market and Raleigh Iron Works are all extremely close by! Come on over and see this one for yourself!
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1991
Materials
- Roof: Shingle
- Construction materials: Fiber Cement
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Gas Range,Microwave,Oven,Refrigerator,Washer/Dryer Stacked
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Ceiling Fan(s),Eat-in Kitchen,Kitchen Island,Open Floorplan,Master Downstairs,Quartz Counters,Smart Thermostat,Walk-In Shower
- Window features: Double Pane Windows,Window Coverings
- Flooring: Vinyl
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,243
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central,None
- Cooling features: Central Air
Interior Area
- Total structure area: 1,243
- Total interior livable area: 1,243 sqft
Property
Details
- Parcel number: 171517201157000 0047437
- Zoning: R-10
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Deck,Front Porch,Patio,Porch
- Exterior features: None
- Fencing: None
- Has view: Yes
Lot
- Lot size: 9,147 sqft
- Features: Back Yard,Front Yard,Rectangular Lot
Parking
- Parking features: Driveway
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
- Inland Flooding
- Hail
- Heat Wave
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 | $2,856 | $34,272 |
| Home Insurance * | $97 | $1,164 |
| Property Taxes | $407 | $4,884 |
| Electricity | $200 | $2,405 |
| Total | $3,560 | $42,720 |
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 |
|---|---|---|
| 2026-08-16 | Price change | $555,000 |
| 2026-07-15 | Listed for sale | $565,000 |
| 2021-03-15 | Sold | $490,000 |
| 2018-11-30 | Sold | $277,000 |
| 2018-09-07 | Price change | $299,900 |
| 2018-09-06 | Listed for sale | $269,900 |
| 2017-07-18 | Listing removed | $146,897 |
| 2017-06-28 | Listed for sale | -- |
| 2008-10-10 | Sold | $225,000 |
| 2008-09-28 | Price change | $234,900 |
| 2008-07-10 | Listed for sale | $239,900 |
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