502 E Franklin St, Raleigh, NC 27604
OFF MARKET

502 E Franklin St
Raleigh, NC 27604

Mordecai
  • 3 Beds
  • 2.5 Baths
  • 3,200 sqft

$1,183,200

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $6,809/mo*
Refinance Your Home

$1,183,200

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $6,809/mo*
Refinance Your Home
3 Beds
2.5 Baths
3,200 sqft

Home Value

Trulia Estimate
$1.18M
Since last month
Decreased$15K (-1.3%)
Since last year
Increased$27K (+2.4%)
Since last sale
Increased$739K (+166.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +78% in the last 10 years
MonthEstimated value
2026
August 2026$1.18M
July 2026$1.2M
June 2026$1.21M
May 2026$1.22M
April 2026$1.19M
March 2026$1.18M
February 2026$1.17M
January 2026$1.16M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
518 Holden St, Raleigh, NC
0.08
Single-Family Home
$642,000
07/01/26
3
2
1,359
530 Elm St, Raleigh, NC
0.18
Single-Family Home
$887,000
11/21/25
3
2
1,839
617 Polk St, Raleigh, NC
0.28
Single-Family Home
$675,000
02/23/26
3
2.5
2,021
907 Elm St, Raleigh, NC
0.19
Single-Family Home
$600,000
07/27/26
3
2
1,319
509 N East St, Raleigh, NC
0.22
Single-Family Home
$615,000
12/01/25
3
2
1,400
608 Virginia Ave, Raleigh, NC
0.22
Single-Family Home
$1,150,000
08/04/26
3
2.5
2,721
816 N Bloodworth St, Raleigh, NC
0.09
Single-Family Home
$740,000
05/15/26
3
2
1,740
519 Holden St, Raleigh, NC
0.11
Single-Family Home
$620,000
07/30/26
2
2
1,282
317 Pell St, Raleigh, NC
0.18
Single-Family Home
$960,000
07/23/26
3
3
1,574
417 Elm St, Raleigh, NC
0.29
Single-Family Home
$945,000
09/03/25
4
2.5
2,382

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
504 Holden St, Raleigh, NC 27604
0.06
$908,000
3
2.5
1,780
Off Market
816 N Bloodworth St, Raleigh, NC 27604
0.09
$740,000
3
2
1,740
Recently Sold
816 N Bloodworth St #1, Raleigh, NC 27604
0.09
$740,000
-
-
-
Recently Sold
515 Pace St, Raleigh, NC 27604
0.05
$1,213,300
4
3.5
3,113
Off Market
516 E Franklin St, Raleigh, NC 27604
0.06
$786,600
4
2.5
2,188
Off Market
518 Holden St, Raleigh, NC 27604
0.08
$642,000
3
2
1,359
Recently Sold
515 Holden St, Raleigh, NC 27604
0.10
$509,300
2
2
1,116
Off Market
710 N Person St #107, Raleigh, NC 27604
0.13
$284,000
1
1.5
784
For Sale
601 E Franklin St, Raleigh, NC 27604
0.09
$790,100
2
2
1,874
Off Market
720 N Person St #106, Raleigh, NC 27604
0.14
$289,000
1
1.5
806
For Sale
519 Holden St, Raleigh, NC 27604
0.11
$620,000
2
2
1,282
Recently Sold
808 Elm St, Raleigh, NC 27604
0.11
$1,334,800
4
3.5
3,042
Off Market

Local Information

  • Map ViewExplore the area around 502 E Franklin St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1995
Living Area
3,200 sqft
Price/Sqft
$370

About this House

This single-family home is located at 502 E Franklin St, Raleigh, NC. 502 E Franklin St is in the Mordecai neighborhood in Raleigh, NC and in ZIP code 27604. This property has 3 bedrooms, 3 bathrooms and approximately 3,200 sqft of floor space. This property has a lot size of 5662 sqft and was built in 1995.
502 E Franklin St, Raleigh, NC 27604 is a 3 bedroom, 3 bathroom, 3,200 sqft single-family home in Mordecai, built in 1995. It last sold for $445,000 on Aug 21, 2003. It is currently off market. The Trulia Estimate is $1,183,200, with a rent estimate of $3,675/month.

Home Details for 502 E Franklin St

Interior Features

Interior Details
BasementAtticNumber of Rooms: 8Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Laundry Room, Master Bath, Office, Sun RoomCeiling Fan
Heating & Cooling
Heating: Forced Air, Heat Pump, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Hardwood
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: WoodGardenLawnPatioPorch
Parking & Garage
Parking: On Street

Property Information

Year Built
Year Built: 1995Year Updated: 2023
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Community

Units in Building: 1

Lot Information

Lot Area: 5662 sqft

Price and Tax history

DateEventPrice
Aug 21, 2003
Source: N/A
Sold
$445,000
Jun 1, 2001
Source: N/A
Sold
$420,000

Market trends in Raleigh

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$440K
$8.33KMoM
Sale-to-List Price
98.9%
Price per sq ft
$235
$1MoM
Available listings
2216
26MoM

Around this home

Neighborhood Overview

Mordecai
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Mordecai

At least 35 Trulia users voted on each feature.

  • 96 % Say it's dog friendly

  • 91 % Say it's walkable to restaurants

  • 90 % Say there are sidewalks

  • 83 % Say car is needed

  • 79 % Say parking is easy

  • 78 % Say people would walk alone at night

  • 72 % Say there's holiday spirit

  • 69 % Say kids play outside

  • 69 % Say neighbors are friendly

  • 69 % Say it's quiet

  • 66 % Say yards are well-kept

  • 57 % Say streets are well-lit

  • 56 % Say they plan to stay for at least 5 years

  • 48 % Say there's wildlife

  • 38 % Say there are community events

  • 24 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Lots of parks and sidewalks to walk pets without harassment from local residents. Restaurants nearby also happily accommodate pets with outdoor seating"
    1
    Flag
  • Sarah G.
    "There are public transit locations all around my neighborhood and great shops and local restaurants within walking distance. A great, quaint neighborhood with lots of young families. "
    0
    Flag
  • Pamela L.
    "Very close knit historic community with unique original architecture. I love the community feeling I get when talking to my neighbors. It’s like we are a large family "
    5
    Flag
  • Ledguitar73
    "Safe for kids to ride bikes after dark, just like an old school neighborhood. Also regular potlucks at the Mordecai house."
    0
    Flag
  • Carameljeng
    "It’s quite and no crimes here . There is no issue with the neighbors , and it’s child friendly . You leave here for years with no issue of an sort"
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 502 E Franklin St

  • What is 502 E Franklin St estimated to be worth?
    Trulia's estimated value for 502 E Franklin St in Raleigh, NC is $1,183,200.
  • What is the price history for 502 E Franklin St?
    502 E Franklin St in Raleigh, NC last sold for $445,000 in August 2003.
  • Is Raleigh a buyer's or seller's market?
    Raleigh is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Raleigh?
    The median sale price in Raleigh is $440K. That is up $8.33K from the prior month.
  • Does 502 E Franklin St have air conditioning?
    Yes, 502 E Franklin St in Raleigh, NC has air conditioning.
  • Does 502 E Franklin St have laundry facilities?
    Yes, 502 E Franklin St in Raleigh, NC has in-unit laundry.

Explore by feature - Pet Friendly

1117 pet-friendly rentals in Raleigh, NC

Explore by feature - Garage

540 rentals with a garage in Raleigh, NC

Explore by feature - Air Conditioning

1177 rentals with air conditioning in Raleigh, NC

Explore by feature - Pool

699 rentals with a pool in Raleigh, NC

Explore by feature - Washer/dryer

1267 rentals with a washer/dryer in Raleigh, NC

Explore by feature - Outdoor Space

283 rentals with an outdoor space in Raleigh, NC

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 502 E Franklin St

Skip to last item
Skip to first item

Homes for sale near 502 E Franklin St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item