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$775,000

Listing Price

--beds

2baths

1,355sqft

8,276sqft lot

1420 Park Dr, Raleigh, NC 27605

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

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For Sale

Off Market

Single Family

Home type

571.96

Price / sqft

1938

Year built

Home Details

Located in one of Raleigh's most desirable Inside-the-Beltline locations, 1420 Park Drive offers a unique opportunity for renovation, investment, or potential redevelopment. The existing brick home, built in 1938, provides a starting point for those looking to reimagine a property in an established neighborhood convenient to Downtown Raleigh, the Village District, NC State, Glenwood South, and nearby parks, dining, shopping, and schools. Beyond the main living area, the property offers valuable additional space with an unfinished basement and unfinished storage areas, providing flexibility for renovation, storage, workshop space, or other potential uses. Whether restoring and updating the existing home or exploring a larger redevelopment vision, the property's location and surrounding neighborhood make this an opportunity worth considering. Property is being offered with renovation and redevelopment potential in mind. Buyers are encouraged to consult with the City of Raleigh Planning and Development Department and review the applicable Unified Development Ordinance (UDO), zoning, historic district requirements, setbacks, and other regulations to independently determine what renovations, additions, redevelopment, or other uses may be permitted. Due to estate settlement purposes closing will likely need to occur in early to mid December.

Interior Details

Square Feet
  • 1355

Bedrooms
  • N/A

Bathrooms
  • 2

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:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 8276

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
  • Brick

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$4,804

$337,500

$163,341

--%

$500,841

2020

$4,804

$337,500

$163,341

--%

$500,841

2019

$4,539

$225,000

$165,011

--%

$390,011

2018

$4,281

$225,000

$165,011

--%

$390,011

2017

$4,077

$225,000

$165,011

--%

$390,011

2015

$4,262

$217,300

$192,419

--%

$409,719

2014

$4,042

$217,300

$192,419

--%

$409,719

2013

$3,775

$217,300

$192,419

--%

$409,719

2012

$3,775

$217,300

$192,419

--%

$409,719

percent-home-icon

Average Home Price in 27605

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,060,772

-- Beds

2 Baths

1,552 Sqft

9,148 Lot (sqft)

Sold 07/09/2026

$775,000

3 Beds

1 Baths

1,404 Sqft

9,148 Lot (sqft)

Sold 10/13/2026

$625,000

2 Beds

1 Baths

1,184 Sqft

9,583 Lot (sqft)

Sold 10/13/2026

$645,000

-- Beds

2 Baths

1,176 Sqft

4,792 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
775,000
$
Down payment
155,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
4,650
$
HOA (Monthly)
0
$
PMI
0
$
$5,017
Your Payment
Total Monthly Payment:$5,017
Percent of Income:86%
Affordable:No

Details for 1420 PARK DR

Property Debt

Foreclosure Contact Details