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$1,195,000
Listing Price2beds
1baths
1,708sqft
5,227sqft lot
516 W Peace St, Raleigh, NC 27603
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Rich in character and full of timeless appeal, this well-maintained 1908 home offers a rare combination of historic charm and modern updates in a prime location. Featuring 10' ceilings, gleaming hardwood floors, a spacious foyer and central hallway, this inviting home also includes a generous living room, and a bright eat-in kitchen. Two bedrooms and one full bath complete the thoughtfully designed floor plan. Enjoy relaxing on the welcoming wraparound front porch or take advantage of the large rear parking area with convenient side alley access to a quiet neighborhood street. The home is in very good condition and has been updated with a new HVAC system and a newer hot water heater, providing peace of mind while preserving its classic character. Currently zoned NX-3 for Neighborhood Business, this versatile property offers exceptional flexibility. Continue to enjoy it as a charming residence or explore the many possibilities for a neighborhood business. A unique opportunity to own a property with historic charm, modern conveniences, and outstanding potential. Price Reduction!
Interior Details
1708
2
1
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5227
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
Yes
No
No
Construction Details
Conventional
N/A
N/A
Gable
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$3,948
$394,116
$17,182
--%
$411,298
2020
$3,948
$509,633
$17,182
--%
$526,815
2019
$3,950
$234,627
$104,500
--%
$339,127
2018
$3,725
$234,627
$76,071
--%
$310,698
2017
$3,232
$234,627
$76,071
--%
$310,698
2015
$2,895
$188,172
$91,485
--%
$279,657
2014
$2,745
$188,172
$91,485
--%
$279,657
2013
$2,563
$188,172
$91,485
--%
$279,657
2012
$2,563
$188,172
$91,485
--%
$279,657
Average Home Price in 27603
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$1,030,000
$1,030,000
4 Beds
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1,886 Sqft
11,326 Lot (sqft)
Sold 10/05/2026
$1,195,000
$1,195,000
2 Beds
1 Baths
1,708 Sqft
5,227 Lot (sqft)
Sold 10/05/2026
$997,999
$997,999
3 Beds
4 Baths
1,950 Sqft
5,227 Lot (sqft)
Sold 10/05/2026
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2 Beds
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1,612 Sqft
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Sold 09/29/2026
$850,000
$850,000
-- Beds
1.5 Baths
1,839 Sqft
4,356 Lot (sqft)
Sold 10/06/2026






