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Back 500 Banks St
Off Market

500 Banks St

Raleigh NC 27604

3
1
3
1211 sq. ft.
12196.8 sq. ft.
Single-Family
Last sold for $550,000
Alex RiversAlex Rivers, last sold this property on 18 February 2026 after 118 days on market.

Overview

Special Financing 2/1 buy down! Completely renovated 1957 Woodcrest brick ranch with modern flair in the heart of downtown Raleigh! This stunning 3-bed, 1-bath home was fully remodeled in 2018 with updates including roof, windows, doors, electrical, plumbing, and cabinets. New water heater (2024). Enjoy refinished hardwoods, abundant natural light, and designer touches throughout. The kitchen features 42'' gray cabinets, leathered granite, a gas range with hood, SS appliances, a French-door fridge, and oil-rubbed hardware. The stylish bath includes floor-to-ceiling tile and a 3-sided tub/shower surround. Outside, relax under the covered back porch or entertain on the open patio overlooking the beautifully landscaped, fenced backyard with a storage closet. Walk to Tap Yard Brewing, Gateway Plaza, or Lions Park, and enjoy easy access to downtown Raleigh, RDU, RTP, and shopping. A rare blend of classic charm and modern design—this one is a must-see!

Features

3 bedrooms
1 bathroom
3 carspaces
1211 sq. ft. floor area
12196.8 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Raleigh over the last 12 months, the estimated median property value of 500 Banks St is $363.55k.

Median value
$363.55k
Estimated value range
$180k - $1.7m
Median days on market
19
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Raleigh. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 500 Banks St

2026
Sold
$550,000
18 Feb 2026 by Alex Rivers, of Imagination Homes LLC
2018
Sold
$338,000
27 Apr 2018 by Mary-Brett Purnell, of Allen Tate/Raleigh-Glenwood

Happy sellers in Raleigh

~%

We have insufficient information to provide an overview of customer satisfaction for Raleigh. Viewing the agent profiles, reviews and sales for Raleigh can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Raleigh

In the last 12 months, 242 three-bedroom single-family properties similar to 500 Banks St, have been sold.

This represents a 3% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Raleigh

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Linda Trevor

Linda Trevor is an award winning recommended agent for Raleigh.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (191 reviews)
  •  2 Reviews in Raleigh
  •  3 Sales in Raleigh
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Janice Rosenberg

Janice Rosenberg is a recommended agent for Raleigh.  They have collected 2 local reviews across the last 12 months.

  •   5   (19 reviews)
  •  2 Reviews in Raleigh
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MAYA GALLETTA

Sellers who recommend MAYA GALLETTA have praised them for being local expert, responsive, clear communication, supportive, patient, reliable, and dedicated

  •   5   (302 reviews)
  •  1 Review in Raleigh
  •  2 Sales in Raleigh
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Rachel Rapacz

Rachel Rapacz is a recommended agent for Raleigh.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (22 reviews)
  •  1 Review in Raleigh
  •  1 Sale in Raleigh
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