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$1,800,000

Listing Price

--beds

1baths

980sqft

6,098sqft lot

550 E Jones St, Raleigh, NC 27601

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  • Full foreclosure details

  • Home value, equity and ownership info

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For Sale

Off Market

Single Family

Home type

--

Price / sqft

1920

Year built

Home Details

Rare opportunity to acquire two Historic Oakwood adjacent lots in Downtown Raleigh with strong redevelopment potential. Preliminary review suggests the parcels may be suitable for subdivision into as many as four residential lots, creating an attractive opportunity for builders, developers, or investors. Buyer is solely responsible for conducting all due diligence and confirming subdivision feasibility, zoning compliance, utility availability, and all applicable governmental approvals. 550 E Jones St. and the neighboring 552 E Jones St. are being listed together and are being sold together for a total asking price of $1,800,000 for .43 acres in the Highly Desirable neighborhood of Historic Oakwood in Downtown Raleigh.

Interior Details

Square Feet
  • 980

Bedrooms
  • N/A

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 6098

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Conventional

Exterior
  • N/A

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,239

$270,750

$66,350

--%

$337,100

2020

$3,239

$270,750

$66,350

--%

$337,100

2019

$2,736

$174,562

$59,846

--%

$234,408

2018

$2,581

$174,562

$59,846

--%

$234,408

2017

$2,458

$174,562

$59,846

--%

$234,408

2015

$1,848

$126,360

$50,215

--%

$176,575

2014

$1,753

$126,360

$50,215

--%

$176,575

2013

$1,638

$126,360

$50,215

--%

$176,575

2012

$1,638

$126,360

$50,215

--%

$176,575

percent-home-icon

Average Home Price in 27601

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$--

-- Beds

2 Baths

1,104 Sqft

6,534 Lot (sqft)

Sold 09/29/2026

$462,854

-- Beds

1 Baths

1,099 Sqft

2,614 Lot (sqft)

Sold 09/29/2026

$499,133

-- Beds

2.5 Baths

1,004 Sqft

5,227 Lot (sqft)

Sold 08/12/2026

$503,954

-- Beds

2 Baths

1,056 Sqft

4,792 Lot (sqft)

Sold 08/01/2026

$520,739

-- Beds

2 Baths

1,095 Sqft

3,049 Lot (sqft)

Sold 06/04/2026

$425,000

2 Beds

1 Baths

888 Sqft

5,227 Lot (sqft)

Sold 09/29/2026

$445,000

3 Beds

2 Baths

1,074 Sqft

4,792 Lot (sqft)

Sold 10/26/2026

$415,000

3 Beds

1 Baths

903 Sqft

4,356 Lot (sqft)

Sold 10/26/2026

$479,000

3 Beds

2 Baths

1,120 Sqft

4,356 Lot (sqft)

Sold 10/26/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,800,000
$
Down payment
360,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
10,800
$
HOA (Monthly)
0
$
PMI
0
$
$11,652
Your Payment
Total Monthly Payment:$11,652
Percent of Income:200%
Affordable:No

Details for 550 E JONES ST

Property Debt

Foreclosure Contact Details