708 E  Franklin St, Raleigh, NC 27604
OFF MARKET

$604,000

Trulia Estimate
  • Studio
  • 1 Bath
  • 1,433 sqft

708 E Franklin St, Raleigh, NC 27604

Mordecai
Est. Refi. Payment $3,468/mo*
Refinance Your Home
Currently Off Market - Sold May 1, 1995 for $107,000

Home Value

Trulia Estimate
$604K
Since last month
Decreased$16K (-2.6%)
Since last year
Decreased$5K (-0.8%)
Since last sale
Increased$497K (+464%)
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
MonthEstimated value
2026
August 2026$604K
July 2026$619K
June 2026$628K
May 2026$638K
April 2026$606K
March 2026$607K
February 2026$598K
January 2026$589K
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
0.02
Single-Family Home
$500,000
05/06/26
2
1,221
0.24
Single-Family Home
$425,000
01/08/26
1
1,024
0.31
Single-Family Home
$600,000
05/08/26
2
1
1,198
0.37
Single-Family Home
$435,000
02/13/26
2
2
1,068
0.32
Single-Family Home
$425,000
07/06/26
3
1
984
0.18
Single-Family Home
$642,000
07/01/26
3
2
1,359
0.18
Single-Family Home
$620,000
07/30/26
2
2
1,282
0.37
Single-Family Home
$450,000
07/01/26
1
864
0.39
Single-Family Home
$475,000
04/23/26
2
1
1,026
0.53
Single-Family Home
$499,000
02/27/26
4
1
1,237

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
0.04
$642,600
3
2.5
1,771
Off Market
0.06
$723,300
3
3.5
1,748
Off Market
0.07
$654,800
3
3.5
1,875
Off Market
0.07
$677,600
3
3.5
1,796
Off Market
0.07
$610,000
2
2.5
1,622
Recently Sold
0.08
$678,300
2
3
1,766
Off Market
0.06
$722,900
2
1
1,254
Off Market
0.08
$666,800
3
3.5
1,770
Off Market
0.02
$708,400
2
2
1,229
Off Market
0.08
$724,500
3
3.5
1,841
Recently Sold
0.09
$655,000
2
3
1,755
Recently Sold
0.07
$869,900
3
2
2,105
Off Market

Local Information

  • Map ViewExplore the area around 708 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
1935
Living Area
1,433 sqft
Price/Sqft
$421

About this House

This single-family home is located at 708 E Franklin St, Raleigh, NC. 708 E Franklin St is in the Mordecai neighborhood in Raleigh, NC and in ZIP code 27604. This property has 1 bathroom and approximately 1,433 sqft of floor space. This property has a lot size of 7840 sqft and was built in 1935.
708 E Franklin St, Raleigh, NC 27604 is a studio, 1 bathroom, 1,433 sqft single-family home in Mordecai, built in 1935. It last sold for $107,000 on May 1, 1995. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $604,000, with a rent estimate of $2,499/month.

Home Details for 708 E Franklin St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 7
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1935Year Updated: 1985
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Exterior Features

Exterior Home Features
Exterior: Wood

Community

Units in Building: 1

Lot Information

Lot Area: 7840 sqft

Price and Tax history

DateEventPrice
May 1, 1995
Source: N/A
Sold
$107,000

Market trends in Raleigh

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

Neighborhood Overview

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"
  • 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. "
  • Pamela L.
    "Very close knit historic community with unique original architecture. I love the community feeling I get when talking to my neighbors. Itโ€™s like we are a large family "
  • Ledguitar73
    "Safe for kids to ride bikes after dark, just like an old school neighborhood. Also regular potlucks at the Mordecai house."
  • Carameljeng
    "Itโ€™s quite and no crimes here . There is no issue with the neighbors , and itโ€™s child friendly . You leave here for years with no issue of an sort"

LGBTQ Local Legal Protections

Frequently asked questions about 708 E Franklin St

  • What is 708 E Franklin St estimated to be worth?
    Trulia's estimated value for 708 E Franklin St in Raleigh, NC is $604,000.
  • What is the price history for 708 E Franklin St?
    708 E Franklin St in Raleigh, NC last sold for $107,000 in May 1995.
  • 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 708 E Franklin St?
    The lot at 708 E Franklin St in Raleigh, NC is about 0.18 acres (7,840 sq ft).

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Off Market Homes Near 708 E Franklin St

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