515 Freeman St, Raleigh, NC 27601
OFF MARKET

$507,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,324 sqft

515 Freeman St, Raleigh, NC 27601

South Central
Est. Refi. Payment $2,963/mo*
Refinance Your Home
Currently Off Market - Sold Sep 11, 2024 for $499,900

Home Value

Trulia Estimate
$507K
Since last month
Decreased$5K (-1.1%)
Since last year
Increased$23K (+4.7%)
Since last sale
Increased$9K (+1.7%)
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 +161% in the last 10 years
MonthEstimated value
2026
August 2026$508K
August 2026$507K
July 2026$514K
June 2026$514K
May 2026$520K
April 2026$500K
March 2026$493K
February 2026$488K
January 2026$489K
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
709 S State St, Raleigh, NC
0.07
Single-Family Home
$575,000
07/17/26
3
2
1,546
814 Postell St, Raleigh, NC
0.07
Single-Family Home
$440,000
09/01/26
3
2
1,504
804 Postell St, Raleigh, NC
0.03
Single-Family Home
$655,000
07/17/26
3
2.5
1,704
806 Postell St, Raleigh, NC
0.04
Single-Family Home
$715,000
12/02/25
4
3
1,977
725 S East St, Raleigh, NC
0.46
Single-Family Home
$595,000
12/11/25
3
2
1,398
305 Freeman St, Raleigh, NC
0.23
Single-Family Home
$337,500
03/24/26
3
2
1,215
1116 E Martin St, Raleigh, NC
0.30
Single-Family Home
$460,000
11/12/25
3
1
1,256
309 Haywood St, Raleigh, NC
0.31
Single-Family Home
$448,000
02/06/26
3
2.5
1,291

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
804 Postell St, Raleigh, NC 27601
0.03
$655,000
3
2.5
1,704
Recently Sold
806 Postell St, Raleigh, NC 27601
0.04
$715,000
4
3
1,977
Recently Sold
721 E Lenoir St #1713069492, Raleigh, NC 27601
0.07
-
-
-
-
Off Market
719 E Lenoir St, Raleigh, NC 27601
0.08
$696,200
4
3
1,953
Off Market
617 Church St, Raleigh, NC 27601
0.07
$610,100
3
2
1,738
Off Market
814 Postell St, Raleigh, NC 27601
0.07
$440,000
3
2
1,504
Recently Sold
512 Montague Ln, Raleigh, NC 27601
0.10
$765,100
4
3.5
2,668
Off Market
830 E Lenoir St, Raleigh, NC 27601
0.06
$392,500
4
2
1,666
Off Market
621 Church St, Raleigh, NC 27601
0.08
$674,700
5
3
2,329
Off Market
709 S State St, Raleigh, NC 27601
0.07
$575,000
3
2
1,546
Recently Sold
834 E Lenoir St, Raleigh, NC 27601
0.07
$610,600
3
2.5
1,629
Off Market

Local Information

  • Map ViewExplore the area around 515 Freeman St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1949
1,324 sqft
$383/sqft
Garage

About this House

Discover the perfect harmony of cozy living and natural beauty in this charming bungalow situated in Downtown Raleigh. Nested on a large corner lot with two driveways and a garage, this 3 bedroom, 2 bathrooms home makes for a delightful primary residence, investment property or both. Complete renovation in 2015 featuring modern updates while retaining its classic character, the home boasts a cozy living area, a beautifully designed kitchen, and polished hardwood flooring throughout the home adds to the seamless and refined aesthetic. Outside, the allure continues with a gated backyard oasis with thoughtful landscaping for additional privacy and provides ample space for gardening, relaxing, or entertaining. Just minutes from Transfer Food Hall, Chavis Park and Greenway access. 515 Freeman St. offers a unique and idyllic retreat from the hustle and bustle of the city while maintaining easy access to Raleigh's urban amenities. Bring us an offer and receive $1500 lender credit with preferred lender, The Sherry Riano Team.
515 Freeman St, Raleigh, NC 27601 is a 3 bedroom, 2 bathroom, 1,324 sqft single-family home in South Central, built in 1949. It last sold for the $499,900 asking price on Sep 11, 2024. More recently, it was listed as a rental in January 2022 with an asking price of $3,200 per month. That rental listing was removed on January 8, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $507,000, with a rent estimate of $2,397/month.
Last check for updates: about 4 hours ago
Listed by Tina Caul, (919) 665-8210
EXP Realty LLC
Ashley Morgan Smith, (919) 636-2098
EXP Realty LLC
Bought with: Hunter Hitchings, (919) 961-8061, Integra Realty
Source: Doorify MLS, MLS#10038461

Home Details for 515 Freeman St

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Other
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1324 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Stainless Steel Appliance(s)DishwasherLaundry: Laundry ClosetMicrowave
Heating & Cooling
Heating: Electric,Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Windows, Doors, Floors & Walls
Flooring: Ceramic Tile, Hardwood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Ceramic Tile, Hardwood
View
No View

Exterior Features

Exterior Home Features
Roof: ShingleFencing: Full, WoodExterior: Rain Gutters, Fenced YardFoundation: Raised
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Open Parking Spaces: 1No CarportHas a GarageHas Open ParkingParking Spaces: 2Parking: Concrete,Detached,Driveway,Garage
Frontage
Responsible for Road Maintenance: Public Maintained Road
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1324 Square Feet

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Site BuiltArchitecture: Traditional
Building
Construction Materials: Brick VeneerNot a New Construction
Property Information
Parcel Number: 1713163338

Price & Status

Price
List Price: $499,900
Status Change & Dates
Off Market Date: Sat Aug 10 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: RaleighCommunity: Hunter Park Homes
School Information
Elementary School: Wake - Hunter ElementaryJr High / Middle School: Wake - Ligon MiddleHigh School: Wake - William G Enloe High

Building

Building Area
Building Area: 1324 Square Feet

HOA

No HOA

Lot Information

Lot Area: 6969.6 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 10038461Above Grade Unfinished Area: 1324

Additional Information

Source Internet Entire Listing Display

Price and Tax history

DateEventPrice
Sep 11, 2024
Source: Doorify MLS #10038461
Sold
$499,900
Aug 11, 2024
Source: Doorify MLS #10038461
Pending
$499,900
Jul 24, 2024
Source: Doorify MLS #10038461
PriceChange
$499,900
Price decreased by 2%
Jul 10, 2024
Source: Doorify MLS #10038461
PriceChange
$510,000
Price decreased by 3%
Jun 28, 2024
Source: Doorify MLS #10038461
Listed For Sale
$525,000

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

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

What Locals Say about South Central

At least 35 Trulia users voted on each feature.

  • 86 % Say it's dog friendly

  • 85 % Say parking is easy

  • 83 % Say there are sidewalks

  • 76 % Say there's holiday spirit

  • 72 % Say streets are well-lit

  • 69 % Say yards are well-kept

  • 67 % Say car is needed

  • 66 % Say neighbors are friendly

  • 62 % Say kids play outside

  • 61 % Say they plan to stay for at least 5 years

  • 58 % Say it's walkable to restaurants

  • 58 % Say people would walk alone at night

  • 58 % Say there are community events

  • 38 % Say there's wildlife

  • 38 % Say it's quiet

  • 31 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Best neighborhood in Raleigh. New cool modern homes everywhere! Good food also ! Lots of very friendly dogs "
    1
    Flag
  • Trulia User
    "I lived in this part of Raleigh 10 years ago. Has a small feeling with big city accommodations. The streets and parks are clean and safe to enjoy with the family."
    4
    Flag
  • Raul D.
    "A dangerous part of town that’s cheap and affordable. I live here because it’s affordable. Not the ideal place or neighborhood I’d like to be in. "
    202
    Flag
  • Dlbennet
    "I have lived in this area for the past 4 years and have really enjoyed it. On days with nice weather my wife and I consistently walk to the area around Raleigh Times and have a drink or just enjoy the area. Lots to do and see and there is always something going on. Crime has been no more of a problem for me than when I lived in Cary and all the extra entertainment and convenience really makes it a fun place to live. "
    4
    Flag

LGBTQ Local Legal Protections

The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.

Frequently asked questions about 515 Freeman St

  • What is 515 Freeman St estimated to be worth?
    Trulia's estimated value for 515 Freeman St in Raleigh, NC is $507,000.
  • What is the price history for 515 Freeman St?
    515 Freeman St in Raleigh, NC last sold for $499,900 in September 2024.
  • 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 515 Freeman St have air conditioning?
    Yes, 515 Freeman St in Raleigh, NC has air conditioning.
  • Does 515 Freeman St have laundry facilities?
    Yes, 515 Freeman St in Raleigh, NC has laundry facilities.

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