512 Polk Street
Historic Oakwood · Raleigh, NC 27604
$1,150,000
$340 per sq ft
- 5bedrooms
- 3.5bathrooms
- 3,380sq ft
- 0.23acre lot
- 1889built
- NoneHOA / mo
The largest house on the block, five bedrooms, sixty-two days on market
An 1889 Victorian on a double-width lot with a two-storey rear ell. Five bedrooms, three full baths and a half bath off the rear hall. The kitchen dates from a 2008 renovation and reads dated now — priced accordingly, and a good candidate for a 203(k) renovation loan. Slate roof replaced with synthetic slate in 2016. Screened porch across the rear ell. Sixty-two days on market is unusual here and worth a conversation about the price.
- Double-width lot
- Synthetic slate roof, 2016
- Kitchen is original to a 2008 renovation
- A candidate for a 203(k) renovation loan
What this house has
- Hardwood floors
- Fireplace
- No HOA
- Fenced yard
- Screened porch
- Home office
The numbers
| Listing ID | HS-1012 |
|---|---|
| Property type | Single-family |
| Style | Victorian |
| Status | Active |
| Bedrooms | 5 |
| Bathrooms | 3.5 (3 full, 1 half) |
| Interior | 3,380 sq ft |
| Price per sq ft | $340 |
| Lot | 0.23 acre |
| Year built | 1889 |
| HOA / condo fee | None |
| Estimated tax rate | 1.0075% of value per year |
| Listed on | July 4, 2026 |
| Days on market | 62 |
| County | Wake County, NC |
| Coordinates | 35.7885, -78.6272 |
Historic Oakwood
Raleigh’s oldest intact residential district, immediately east of the Capitol. Twenty blocks of Victorian, Queen Anne and early-1900s homes inside a locally designated historic overlay.
- Housing stock Two-storey Victorians, Queen Annes and four-squares, 1,400–3,400 sq ft. Exterior changes are reviewed by the Raleigh Historic Development Commission.
- Typical lot 0.12–0.25 acre, deep and narrow, rear lanes on several blocks
- Getting about Under a mile to downtown Raleigh; about 20 minutes to RTP outside peak hours.
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 at Homestead will, because doing so is how housing discrimination happens in practice. Judge them yourself.
- ElementaryConn Elementary
- MiddleLigon Middle
- HighEnloe High
- DistrictWake County Public School System
Attendance areas are reassigned periodically and a base assignment can change before you close. Verify the current assignment 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.
$8,254
estimated total monthly ·$1,035,000 borrowed
- Principal and interest
- $6,508
- Property tax
- $966
- Homeowner’s insurance
- $306
- HOA / condo fee
- $0
- Mortgage insurance (PMI)
- $474
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 $1,307,847 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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