$530,500
- 3 Beds
- 2.5 Baths
- 1,300 sqft
587 E Cabarrus St, Raleigh, NC 27601
Est. Refi. Payment $3,240/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 16, 2021 for $480,000
Home Value
Trulia Estimate
$531KSince last month
Decreased$5K (-1%)Since last year
Decreased$12K (-2.3%)Since last sale
Increased$50K (+10.4%)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 +68% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $530K |
| September 2026 | $535K |
| August 2026 | $542K |
| July 2026 | $548K |
| June 2026 | $557K |
| May 2026 | $564K |
| April 2026 | $563K |
| March 2026 | $559K |
| February 2026 | $549K |
| January 2026 | $538K |
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 |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $590,000 | 04/02/26 | 3 | 2.5 | 1,556 | |
0.16 | Single-Family Home | $448,000 | 02/06/26 | 3 | 2.5 | 1,291 | |
0.16 | Single-Family Home | $592,500 | 06/01/26 | 3 | 2.5 | 1,490 | |
0.17 | Single-Family Home | $595,000 | 09/25/26 | 3 | 2.5 | 1,481 | |
0.11 | Single-Family Home | $582,000 | 05/13/26 | 2 | 2 | 912 | |
0.26 | Single-Family Home | $337,500 | 03/24/26 | 3 | 2 | 1,206 | |
0.10 | Single-Family Home | $370,000 | 11/21/25 | 3 | 1 | 960 | |
0.38 | Single-Family Home | $490,000 | 07/24/26 | 3 | 2 | 1,080 | |
0.56 | Single-Family Home | $464,000 | 09/17/26 | 3 | 2 | 1,099 | |
0.30 | Single-Family Home | $440,000 | 09/01/26 | 3 | 2 | 1,504 |
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 |
|---|---|---|---|---|---|---|
0.01 | - | Studio | 1 | 901 | Off Market | |
0.02 | - | Studio | - | - | Off Market | |
0.02 | $527,500 | 3 | 2 | 1,355 | Off Market | |
0.02 | $430,900 | 4 | 2 | 1,456 | Off Market | |
0.02 | $650,000 | 4 | 2.5 | 1,725 | Off Market | |
0.02 | - | - | 3 | - | Off Market | |
0.02 | $502,900 | 3 | 2 | 1,412 | Off Market | |
0.02 | $471,400 | 2 | 2 | 1,154 | Off Market | |
0.03 | $333,700 | Studio | 1 | 960 | Off Market | |
0.03 | $964,000 | Studio | 5 | 5,928 | Off Market | |
0.03 | - | 2 | 1.5 | 900 | Off Market | |
0.03 | - | 2 | 1.5 | 900 | Off Market | |
0.03 | - | 2 | 1.5 | 900 | Off Market | |
0.03 | $292,900 | 2 | 1.5 | 900 | Off Market | |
0.03 | $289,700 | 2 | 1 | 900 | Off Market | |
0.03 | $292,900 | 2 | 1.5 | 900 | Off Market | |
0.03 | $341,500 | 3 | 57 | 1,250 | Off Market | |
0.03 | $560,600 | Studio | 3 | 1,456 | Off Market | |
0.03 | $303,800 | Studio | 1 | 960 | Off Market | |
0.03 | $576,300 | 3 | 2 | 1,284 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1915
1,300 sqft
$408/sqft
About this House
What's unique:Major shoppingRoad access
Here's one of Olde East Raleigh's historic gems emerging from a full restoration. With the addition, the home now has a modern open layout designed by award-winning Maurer Architecture along with granite, stainless steel appliances, main floor master bedroom, skyline views, hardwood floors, and a fenced in backyard. E. Cabarrus St. is one of Raleigh's new green streets and undergoing an extensive public investment. Surrounded by renovations and only 2 blocks to downtown's Moore Square Arts District.
587 E Cabarrus St, Raleigh, NC 27601 is a 3 bedroom, 3 bathroom, 1,300 sqft single-family home in South Central, built in 1915. It last sold for $480,000 on Jun 16, 2021. More recently, it was listed as a rental in November 2023 with an asking price of $2,450 per month. That rental listing was removed on January 10, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $530,500, with a rent estimate of $2,542/month.
Home Details for 587 E Cabarrus St
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Heating & Cooling Heating: Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Hardwood |
Interior Details AtticNumber of Rooms: 9Ceiling Fan |
Appliances & Utilities DishwasherDisposalMicrowave |
Security Security System |
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Exterior Home Features Roof: Shake ShingleExterior: CompositionPatio |
Parking & Garage Parking: On Street |
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Year Built Year Built: 1915Year Updated: 2016 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
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Units in Building: 1 |
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Lot Area: 2520 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 10, 2024 Source: Doorify MLS #2540986 | ListingRemoved | |
Dec 27, 2023 Source: Doorify MLS #2540986 | PriceChange | $2,200 Price decreased by 4% |
Dec 12, 2023 Source: Doorify MLS #2540986 | PriceChange | $2,300 Price decreased by 6% |
Nov 7, 2023 Source: Doorify MLS #2540986 | Listed For Rent | $2,450 |
Jun 16, 2021 Source: N/A | Sold | $480,000 |
May 3, 2021 Source: Doorify MLS #2380618 | Contingent | $465,000 |
Apr 29, 2021 Source: Doorify MLS #2380618 | Listed For Sale | $465,000 |
Jul 22, 2016 Source: N/A | Sold | $313,500 |
Feb 14, 2007 Source: N/A | Sold | $49,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,370 | $498,739 |
Home facts updated by county records
Market trends in Raleigh
Last updated September 2026
Avg. sale price
$443K
$250MoM
Sale-to-List Price
98.7%
0.2%MoM
Price per sq ft
$231
$3MoM
Available listings
2212
27MoM
Sourced by Trulia Market Trends
Around this home
What Locals Say about South Central
This October
Trick-or-Treat Score
Built from what locals say about South Central.- 83% say there are sidewalks
- 76% say there's holiday spirit
- 66% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 587 E Cabarrus St
- What is 587 E Cabarrus St estimated to be worth?Trulia's estimated value for 587 E Cabarrus St in Raleigh, NC is $530,500.
- What is the price history for 587 E Cabarrus St?587 E Cabarrus St in Raleigh, NC last sold for $480,000 in June 2021.
- Is Raleigh a buyer's or seller's market?Raleigh is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Raleigh?The median sale price in Raleigh is $443K. That is down $250 from the prior month.
- Does 587 E Cabarrus St have air conditioning?Yes, 587 E Cabarrus St in Raleigh, NC has air conditioning.
- How big is the lot at 587 E Cabarrus St?The lot at 587 E Cabarrus St in Raleigh, NC is about 0.06 acres (2,520 sq ft).

