2101 Larkspell Road
Five Points · Raleigh, NC 27608
$615,000
$469 per sq ft
- 2bedrooms
- 1.5bathrooms
- 1,310sq ft
- 0.16acre lot
- 1941built
- NoneHOA / mo
Two-bedroom bungalow on a corner lot, one owner since 1988
A compact single-storey on a corner lot with the original heart-pine floors under carpet in both bedrooms. Kitchen was updated in 2011 with painted cabinets and a gas range. One full bath plus a half bath added off the rear hall. Crawl space was encapsulated in 2018 with a dehumidifier on a condensate pump. The rear deck is 2015 pressure-treated and the yard is fully fenced with a gate to the side street.
- Heart-pine floors under the bedroom carpet
- Crawl space encapsulated 2018
- Corner lot, fully fenced
- Walkable to the Five Points intersection
What this house has
- Hardwood floors
- Fireplace
- No HOA
- Fenced yard
- Single storey
The numbers
| Listing ID | HS-1003 |
|---|---|
| Property type | Single-family |
| Style | Bungalow |
| Status | Under contract |
| Bedrooms | 2 |
| Bathrooms | 1.5 (1 full, 1 half) |
| Interior | 1,310 sq ft |
| Price per sq ft | $469 |
| Lot | 0.16 acre |
| Year built | 1941 |
| HOA / condo fee | None |
| Estimated tax rate | 1.0075% of value per year |
| Listed on | July 25, 2026 |
| County | Wake County, NC |
| Street | Invented — see the note below |
Five Points
A grid of pre-war streets north-west of downtown built out between the 1920s and the 1940s, so almost everything here is a bungalow, a Cape Cod or a small two-storey on a modest city lot.
- Housing stock Craftsman bungalows and Cape Cods, 1,100–2,200 sq ft, many with rear additions from the 2000s onward. A handful of infill new builds on subdivided lots.
- Typical lot 0.13–0.22 acre, mostly rectangular, alley access on some blocks
- Getting about About 2.5 miles to the State Capitol; roughly 12 miles to RTP via I-440 and I-40.
Assigned schools
These are the base schools currently assigned to this address by Wake County Public School System. We list assignment as a fact and nothing more — we do not rate, rank or compare schools, and no one here will, because doing so is how housing discrimination happens in practice. Judge them yourself.
- ElementaryJoyner Elementary
- MiddleOberlin Middle
- HighBroughton High
- DistrictWake County Public School System
On this demonstration site the assignment is invented, and the homes have no real address to assign. In reality attendance areas are reassigned periodically and a base assignment can change before you close — verify it directly with Wake County Public School System before you rely on it.
What this would cost a month
Change any number. Nothing here is a quote — it is arithmetic.
$4,415
estimated total monthly ·$553,500 borrowed
- Principal and interest
- $3,480
- Property tax
- $516
- Homeowner’s insurance
- $165
- HOA / condo fee
- $0
- Mortgage insurance (PMI)
- $254
Under 20% down, so private mortgage insurance is included at an estimated 0.55% of the loan a year. On a conventional loan it comes off automatically once you reach 78% loan-to-value, and you can usually request removal at 80%. On most FHA loans it stays for the life of the loan.
Over the full term you would pay about $699,414 in interest, assuming you never pay extra and never refinance.
Estimates only. Actual rates depend on credit, loan type and the day. Wake County property tax is reassessed on a four-year cycle, so a recent revaluation can move the tax line. Talk to a lender for a real quote — we can introduce you to three.
Scored on this data, not hand-picked
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