#10091335, Johnny Chappell, Billy Hoffman, Listing office: Compass -- Raleigh
727 Martin Luther King Jr Blvd Raleigh, NC 27601
Property details
About 727 Martin Luther King Jr Blvd
Opportunity Zone $5,000 in GRANT funds, $15,000 in FUNDS for down payment flexibility AND A LOWER INTEREST RATE. Situated within one of Raleigh's eight designated Opportunity Zones. This federal program offers TAX INCENTIVES for INVESTORS who reinvest capital gains into these zones. Remaining time of warranty is transferable. New Development projects on the horizon includes Downtown South Project, Union West Development, The Weld and Park City South Near Dix Park, and Capital Square Tower. Easy access to highways; a commuter's dream! Just 19 miles from RDU Airport and 2 miles from the Amtrak station.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Flooring Type: Hardwood, Tile
- Fireplace: Family Room, Gas
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Architectural Style: Craftsman, Modern
- Heating: Natural Gas, Zoned
- Cooling: Ceiling Fan(s), Central Air, Zoned
- List Price: $565,000
- Price/SqFt: $366
- Annual Tax Amount: $4,773
- Tax Year: 2024
- Directions: From downtown Raleigh, go east to Blount St. Turn right on Blount St. Turn left on MLK Jr. Blvd. Home is on left just before intersection of MLK Jr. Blvd. & S State St.
- Year Built: 2023
- Living Area: 1,541 SqFt
- Lot Size: 0.06 Acres
- MLS Number: 10072292
- MLS Name: Doorify MLS
- Office Name: Choice Residential Real Estate
- Office Phone: (919) 720-4991
- Office Email: brian@choiceresidential.com
- Listing Agent: Nadine C Hydro
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Last updated on: 6/7/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$565,000
727 Martin Luther King Jr Blvd
$6,709
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
May 25, 2023 | Home Sold | $550,000 |
Jun 18, 2019 | Home Sold | $50,000 |
Nov 06, 2001 | Home Sold | $33,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $547,376 | $4,773 |
2023 | $344,813 | $2,490 |
2022 | $54,000 | $546 |
2021 | $54,000 | $525 |
2020 | $54,000 | $515 |
2019 | $14,400 | $157 |
2018 | $14,400 | $149 |
History based on county public records data.
Nearby schools
5
Hunter Magnet Elementary School
Public Magnet PK-5
0.5 mi
•1018 E Davie St
4
Southeast Raleigh Elementary School
Public District PK-5
0.7 mi
•1436 Rock Quarry Rd
5
Washington Magnet Elementary School
Public Magnet PK-5
1.0 mi
•1000 Fayetteville St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $12,732. Most Raleigh, NC residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
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Frequently asked questions
About 727 Martin Luther King Jr Blvd
The listing price of 727 Martin Luther King Jr Blvd property is $565,000.
The property 727 Martin Luther King Jr Blvd is a house located in Raleigh, North Carolina, 27601.
Active Listing: 727 Martin Luther King Jr Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 727 Martin Luther King Jr Blvd are: Hunter Magnet Elementary School (GreatSchools Rating 5/10), Southeast Raleigh Elementary School (GreatSchools Rating 4/10), Washington Magnet Elementary School (GreatSchools Rating 5/10), Ligon Magnet Middle School (GreatSchools Rating 5/10), Carnage Magnet Middle School (GreatSchools Rating 7/10), Moore Square Magnet Middle School (GreatSchools Rating 6/10), Wake Young Men's Leadership Academy (GreatSchools Rating 10/10), Central Wake High School (GreatSchools Rating 2/10), Vernon Malone College and Career Academy (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $4,773 (source: MLS/based on county public records data).
The last sale was on May 25, 2023 for $550,000 (source: MLS/tax record).
The property at 727 Martin Luther King Jr Blvd has 3 bedrooms and 2 full and 1 half bathrooms.
The property 727 Martin Luther King Jr Blvd is 1,541 SqFt (source: MLS/tax record).
The year of construction for 727 Martin Luther King Jr Blvd is 2023.
This home is located at 727 Martin Luther King Jr Blvd in Raleigh, NC and zip code 27601 in the Inside the Beltline neighborhood. This 1,541 square foot home, which was built in 2023, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $565,000.
In May 2025 more than 113 listings in Raleigh, NC were sold above the asking price. During the same period more than 122 listings were sold at asking price, while more than 309 were sold below. The number of listings in Raleigh, NC increased by 8% between April and May 2025. The median list price of listings available in May 2025 was $458,464, while the average time on the real estate market was 35 days.