$460,000

1012 Palace Garden Way Raleigh, NC 27603

$5,463
Closing credit¹
3 beds
2 full, 1 partial
2,457 sqft
0.07 acres
$187 / sqft
Townhouse

Property details

About 1012 Palace Garden Way

Welcome home to this spacious townhome that offers the charm of downtown living without the hassle of parking! Designed to provide the space of a single-family home with none of the maintenance, this townhome is ideal for anyone seeking convenience and comfort. The heart of the home is the kitchen, featuring a central island perfect for meal prep and entertaining, a cozy breakfast area, and a keeping space for informal gatherings. For special occasions, enjoy the formal dining room. The oversized laundry room provides plenty of storage space, ensuring organization is effortless. Upstairs, you'll find a versatile loft area that can be used as a home office, playroom, or additional living space. The owner's suite is a true retreat with a grand bedroom that includes an additional sitting area, ideal for relaxation or reading. Step outside onto your screened porch and soak up the sunshine or enjoy a morning coffee. The rear-entry garage enhances curb appeal and privacy, allowing space for a welcoming front porch with room for a swing—perfect for unwinding after a long day. Experience the perfect balance of downtown living with modern conveniences in this beautiful townhome.

Highlights

Home typeTownhouse
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size2,457 sqft
Lot size0.07 Acres
Year built2008
MLS #10105022
Attached garage2 spaces
FireplaceFamily Room

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Electric Range, Microwave
  • Flooring Type: Carpet, Hardwood
  • Interior: Entrance Foyer, Kitchen Island, Separate Shower, Soaking Tub
  • Fireplace: Family Room
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Architectural Style: Traditional
  • Heating: Natural Gas
  • Cooling: Central Air
  • List Price: $460,000
  • Price/SqFt: $187
  • HOA Amount: $224 Quarterly
  • Annual Tax Amount: $3,697
  • Tax Year: 2024
  • Directions: Chapanoke Rd; rt on Palace Garden Way
  • Year Built: 2008
  • Living Area: 2,457 SqFt
  • Lot Size: 0.07 Acres
  • MLS Number: 10105022
  • MLS Name: Doorify MLS
  • Office Name: Integrity Realty Team
  • Office Phone: (919) 374-3074
  • Office Email: info@integrityrealtyteam.com
  • Listing Agent: Kim D Curry

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 12:50:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1012 Palace Garden Way, Raleigh, NC 27603 - view of exterior entry with covered porch

$460,000

1012 Palace Garden Way

$5,463

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 28, 2016
Home Sold
$259,000

Tax history

YearAssessmentProperty Tax
2024$423,474$3,697
2023$302,379$1,665
2022$302,379$3,081
2021$302,379$2,962
2020$302,379$2,908
2019$255,615$2,812
2018$255,615$2,679

History based on county public records data.

Nearby schools

3

Smith Magnet Elementary School

Public Magnet PK-5

2.0 mi

1101 Maxwell Dr

5

Washington Magnet Elementary School

Public Magnet PK-5

2.1 mi

1000 Fayetteville St

3

Pave Southeast Raleigh Charter

Public Charter KG-6

2.2 mi

3420 Idlewood Village Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,964. The most common annual income of people living in Raleigh, NC is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

36%
<35k
52%
35k-100k
10%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
17%
Single, with Kids
14%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
6%
12-17 yrs old
46%
18-34 yrs old
26%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • SoccerSoccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • H&MH&M
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • MazdaMazda
  • DodgeDodge

What do the neighbors listen to?

  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1012 Palace Garden Way

The listing price of 1012 Palace Garden Way property is $460,000.

The property 1012 Palace Garden Way is a townhouse located in Raleigh, North Carolina, 27603.

Active Listing: 1012 Palace Garden Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1012 Palace Garden Way are: Smith Magnet Elementary School (GreatSchools Rating 3/10), Washington Magnet Elementary School (GreatSchools Rating 5/10), Pave Southeast Raleigh Charter (GreatSchools Rating 3/10), Centennial Campus Magnet Middle School (GreatSchools Rating 5/10), Carnage Magnet Middle School (GreatSchools Rating 7/10), Moore Square Magnet Middle School (GreatSchools Rating 6/10), Longleaf School of the Arts (GreatSchools Rating 5/10), Vernon Malone College and Career Academy (GreatSchools Rating 9/10), Wake STEM Early College High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $3,697 (source: MLS/based on county public records data).

The last sale was on March 28, 2016 for $259,000 (source: MLS/tax record).

The property at 1012 Palace Garden Way has 3 bedrooms and 2 full and 1 half bathrooms.

The property 1012 Palace Garden Way is 2,457 SqFt (source: MLS/tax record).

The year of construction for 1012 Palace Garden Way is 2008.

This home is located at 1012 Palace Garden Way in Raleigh, NC and zip code 27603 in the Southwest Raleigh neighborhood. This 2,457 square foot home, which was built in 2008, sits on a 0.07 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $460,000.

Raleigh, NC housing market in May 2025 saw over 113 listings sold above listed price, more than 122 sold at listed price and over 309 sold below. The inventory of homes for sale in Raleigh, NC between April and May 2025 increased by 8%. In May 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $458,464.

From Rocket Homes Real Estate and based on county public records data.

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