314 Gilbert Ave, Raleigh, NC, 27603
About This Home
Charming, beautifully maintained bungalow just minutes from Downtown Raleigh! This move-in-ready upgraded home blends timeless character with thoughtful modern updates, featuring expansive rooms, soaring 10-foot ceilings, hardwood floors, and tile throughout. The updated kitchen offers granite countertops, stainless steel appliances, ample cabinetry, oversized island, and a functional layout perfect for everyday living and entertaining. The renovated bathroom features a tiled walk-in shower, marble countertop, frameless glass, and stylish finishes, making this home truly turnkey. Step outside to a private backyard retreat complete with professional landscaping, a fully fenced yard with transferrable warranty, spacious patio area, raised garden beds, mature shade trees, and a detached storage shed—ideal for relaxing, entertaining, gardening, or pets. Enjoy rare views of the Downtown Raleigh skyline while being just minutes from Downtown, Dorothea Dix Park, the State Farmers Market, Transfer Co. Food Hall, shopping, dining, greenways, and major commuter routes. Nestled on .23 of an acre. Offering the perfect blend of historic charm, outdoor living, and urban convenience, this is a rare opportunity to own a character-filled home on a generous lot in one of Raleigh's fastest-growing and most desirable areas. Don't miss your chance to enjoy the best of Raleigh living with easy access to everything the city has to offer.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Cedar
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Built-In Electric Range,Dishwasher,Electric Cooktop
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Breakfast Bar,Built-in Features,Ceiling Fan(s),Chandelier,Granite Counters,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Recessed Lighting,Shower Only,Sound System,Tile Counters,Vaulted Ceiling(s),Walk-In Closet(s),Walk-In Shower
- Flooring: Tile,Wood
- Number of fireplaces: 2
- Fireplace features: Bedroom,Den,Gas,Wood Burning
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,348
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: None
- Cooling features: Central Air
Interior Area
- Total structure area: 1,348
- Total interior livable area: 1,348 sqft
Property
Details
- Parcel number: 170318318714000 0075520
- Zoning: R-6
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Deck,Front Porch,Patio,Porch
- Exterior features: Garden,Private Yard,Rain Gutters,Storage
- Fencing: Back Yard, Fenced, Wood
- Has view: Yes
Lot
- Lot size: 10,018 sqft
- Features: Back Yard,City Lot,Cleared,Garden,Hardwood Trees,Level,Private
Parking
- Total spaces: 1
- Parking features: Carport,Driveway,On Street
- Covered spaces: 1
- Carport: Yes
- Carport spaces: 1
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
- Inland Flooding
- Heat Wave
- Ice Storm
- Tornado
- Winter Weather
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 | $2,781 | $33,372 |
| Home Insurance * | $189 | $2,268 |
| Property Taxes | $396 | $4,752 |
| Electricity | $200 | $2,405 |
| Total | $3,566 | $42,792 |
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 |
|---|---|---|
| 2026-07-21 | Price change | $550,000 |
| 2026-07-10 | Price change | $575,000 |
| 2026-06-30 | Price change | $590,000 |
| 2026-06-19 | Listed for sale | $615,000 |
| 2019-09-30 | Sold | $283,900 |
| 2019-07-26 | Pending sale | $297,400 |
| 2019-06-18 | Price change | $297,400 |
| 2019-05-24 | Price change | $318,400 |
| 2019-04-23 | Price change | $324,400 |
| 2019-03-31 | Price change | $329,400 |
| 2019-03-04 | Listed for sale | $345,000 |
| 1999-12-29 | Sold | $73,000 |
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