702 E Franklin St, Raleigh, NC 27604
OFF MARKET

$1,026,600

Trulia Estimate
  • Studio
  • 3 Baths
  • 2,726 sqft

702 E Franklin St, Raleigh, NC 27604

Mordecai
Est. Refi. Payment $5,918/mo*
Refinance Your Home
Currently Off Market - Sold Mar 31, 2006 for $260,000

Home Value

Trulia Estimate
$1.03M
Since last month
Decreased$20K (-1.9%)
Since last year
Increased$24K (+2.4%)
Since last sale
Increased$764K (+293.9%)
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 +190% in the last 10 years
MonthEstimated value
2026
August 2026$1.02M
July 2026$1.04M
June 2026$1.05M
May 2026$1.05M
April 2026$1.02M
March 2026$1.02M
February 2026$1.01M
January 2026$985K
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
601 Latham Way, Raleigh, NC
0.20
Single-Family Home
$860,000
04/24/26
4
2.5
2,138
608 Virginia Ave, Raleigh, NC
0.19
Single-Family Home
$1,150,000
08/04/26
3
2.5
2,721
704 E Franklin St, Raleigh, NC
0.01
Single-Family Home
$500,000
05/06/26
2
1,221
617 Polk St, Raleigh, NC
0.24
Single-Family Home
$675,000
02/23/26
3
2.5
2,021
506 Glascock St, Raleigh, NC
0.26
Single-Family Home
$875,000
06/11/26
4
2.5
2,098
901 Norris St, Raleigh, NC
0.17
Single-Family Home
$1,261,000
06/30/26
4
3.5
2,944
516 N East St, Raleigh, NC
0.27
Single-Family Home
$1,264,000
04/14/26
3
2.5
2,385
417 Elm St, Raleigh, NC
0.31
Single-Family Home
$945,000
09/03/25
4
2.5
2,382
518 Holden St, Raleigh, NC
0.15
Single-Family Home
$642,000
07/01/26
3
2
1,359
622 Glascock St, Raleigh, NC
0.36
Single-Family Home
$1,190,000
05/27/26
3
2.5
3,151

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
668 Watauga St, Raleigh, NC 27604
0.03
$641,400
3
2.5
1,771
Off Market
650 Watauga St, Raleigh, NC 27604
0.05
$722,700
3
3.5
1,748
Off Market
638 Watauga St, Raleigh, NC 27604
0.06
$654,800
3
3.5
1,875
Off Market
735 Peakland Pl, Raleigh, NC 27604
0.07
$677,600
3
3.5
1,796
Off Market
630 Watauga St, Raleigh, NC 27604
0.07
$610,000
2
2.5
1,622
Recently Sold
626 Watauga St, Raleigh, NC 27604
0.07
$681,100
2
3
1,766
Off Market
632 E Franklin St, Raleigh, NC 27604
0.03
$726,100
2
1
1,254
Off Market
722 Peakland Pl, Raleigh, NC 27604
0.08
$669,900
3
3.5
1,770
Off Market
712 E Franklin St, Raleigh, NC 27604
0.05
$708,400
2
2
1,229
Off Market
718 Peakland Pl, Raleigh, NC 27604
0.09
$724,500
3
3.5
1,841
Recently Sold
713 Peakland Pl, Raleigh, NC 27604
0.09
$655,000
2
3
1,755
Recently Sold
628 E Franklin St, Raleigh, NC 27604
0.04
$876,600
3
2
2,105
Off Market

Local Information

  • Map ViewExplore the area around 702 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
1936
Living Area
2,726 sqft
Price/Sqft
$377

About this House

This single-family home is located at 702 E Franklin St, Raleigh, NC. 702 E Franklin St is in the Mordecai neighborhood in Raleigh, NC and in ZIP code 27604. This property has 3 bathrooms and approximately 2,726 sqft of floor space. This property has a lot size of 8276 sqft and was built in 1936.
702 E Franklin St, Raleigh, NC 27604 is a studio, 3 bathroom, 2,726 sqft single-family home in Mordecai, built in 1936. It last sold for $260,000 on Mar 31, 2006. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,026,600, with a rent estimate of $3,915/month.

Home Details for 702 E Franklin St

Interior Features

Interior Details
BasementNumber of Rooms: 5
Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.6299999952316284
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1936Year Updated: 2021
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Exterior Features

Exterior Home Features
Deck

Community

Units in Building: 1

Lot Information

Lot Area: 8276 sqft

Price and Tax history

DateEventPrice
Mar 31, 2006
Source: N/A
Sold
$260,000
Sep 24, 2003
Source: N/A
Sold
$150,000
Jul 2, 2003
Source: N/A
Sold
$125,000

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 702 E Franklin St

  • What is 702 E Franklin St estimated to be worth?
    Trulia's estimated value for 702 E Franklin St in Raleigh, NC is $1,026,600.
  • What is the price history for 702 E Franklin St?
    702 E Franklin St in Raleigh, NC last sold for $260,000 in March 2006.
  • 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.
  • How big is the lot at 702 E Franklin St?
    The lot at 702 E Franklin St in Raleigh, NC is about 0.19 acres (8,276 sq ft).

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Apartments for Rent

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