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702 E Jones St, Raleigh, NC, 27601

3beds
2baths
1,205sqft
$539,000
$447price/sqft
$3,448/moest. monthly cost
$137,920/yrincome needed

About This Home

Located Near Historic Oakwood! No HOA fees! Corner Lot! Beautiful One-Story 3BR/2BA home feaures an open floor, new flooring in the living room and dining room, new interior paint , tile floors in the bathrooms, wood floors throughout the home, a sun/mudroom on the rear of the home, a rocking chair front porch, a detached storage building, and an entertainer's paradise out back a private fenced yard, an oversized deck with a bar area, electric wiring and a tv mount. Convenient to hospitals, Raleigh area universtities/colleges, and I-440. Just a few minutes to all that Downtown Raleigh has to offer including the museums, restaurants, food halls, shopping, parks, Moore Square, concerts, street festivals, State and County offices, and so much more! This gem won't last long! Potential $10,000 buyer incentive with the use of Tyler Hamilton of Cross Country Mortgage as the lender.

Getting Around

78
WalkingVery Walkable
68
TransitGood Transit
88
BikeVery Bikeable

Schools

5/10
Powell ElementaryGrades PK-51.7 mi
7/10
Ligon MiddleGrades 6-80.7 mi
7/10
Needham Broughton HighGrades 9-121.4 mi

Construction

Condition

  • Year built: 2005

Materials

  • Roof: Shingle
  • Construction materials: Fiberglass Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Microwave
  • Laundry features: In Hall,Laundry Closet

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Living/Dining Room Combination,Open Floorplan
  • Door features: Storm Door(s)
  • Flooring: Laminate,Tile
  • Finished area below ground: 0
  • Finished area above ground: 1,205

Heating & Cooling

  • Heating features: Central,Heat Pump
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,205
  • Total interior livable area: 1,205 sqft

Property

Details

  • Parcel number: 171305091726000 0323868
  • Zoning: R-10
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Front Porch
  • Exterior features: Fenced Yard,Storage
  • Fencing: Back Yard, Fenced, Privacy
  • Has view: Yes

Lot

  • Lot size: 5,227 sqft
  • Features: Back Yard,City Lot,Corner Lot,Front Yard

Parking

  • Parking features: Concrete,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

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Hail
Heat Wave

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 $2,725$32,700
Home Insurance *$135$1,620
Property Taxes $388$4,656
Electricity $200$2,405
Total$3,448$41,376
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$118,217/yr
40% on housing$103,440/yr
45% on housing$91,946/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

$447This listing

vs Other Active Listings

Avg $/sqft

ZIP 27601$268
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27601$378
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
2026-05-05Price change$619,900
2026-04-20Price change$624,900
2026-04-13Listed for sale$632,000
2006-06-01Sold$122,000
2001-01-19Sold$28,000

For Sale by Agent

AgentPandora Pearson
BrokerageSmith Pearson Realty

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