OFF MARKET

Off Market Mar 2025 for $860K

$1,128,890

Est. refi paymentEst. refi $5,704/mo

•

2,653

sq ft

23 Shepherd St, Raleigh, NC 27607

About this home

Welcome to 23 Shepherd Street, a timeless all-brick estate nestled just minutes from Downtown Raleigh. Originally built in 1938 as a multi-family home, this meticulously renovated residence now offers a seamless blend of classic charm and modern amenities. The beautifully updated one-bedroom apartment features an open living area, a dedicated home office, and a fully equipped kitchen with new appliances, a washer/dryer, and a private entrance. Today, the home functions as a spacious two-story, three bedroom, and four bathroom retreat with a full basement, spread across 2,653 square feet of light-filled living space. Situated on a generously landscaped . 37-acre lot, just one block from NCSU and historic Hillsborough Street, it's the perfect location for both privacy and convenience. The main house showcases an inviting sunlit kitchen with a gas stove and a cozy breakfast nook, while hardwood floors, custom shutters, and fine details throughout add to the home's timeless appeal. 23 Shepherd Street offers refined living at every turn.

Single-familyProperty Type

1938Year Built

0.37 acresLot Size

$426Est. Price/Sq.Ft.

2 car garageParking

Listed by Johnny Chappell • Compass -- Raleigh

Listed by Ivan Hovis Gobern • Compass -- Raleigh

Bought with Katherine Cannon • O'Neal & Company

Redfin checked: a minute ago

•Source:TMLS #10071506

Redfin Estimate

$1,128,890

$269K since sold in March 2025$42K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 11.3% higher than the average sale price ($1.01M) of 6 comparable homes.

SOLD JUL 1, 2026
$1,050,000
A
3 beds3.5 baths2,005 sq ft
603 Stacy St, Raleigh, NC 27607
SOLD JUL 15, 2026
$1,025,000
B
3 beds2 baths2,140 sq ft
2711 Everett Ave, Raleigh, NC 27607
SOLD MAY 7, 2026
$900,000
C
3 beds1.5 baths2,344 sq ft
3322 Ruffin St, Raleigh, NC 27607
SOLD JUL 24, 2026
$885,500
D
4 beds3 baths2,112 sq ft
2701 Van Dyke Ave, Raleigh, NC 27607
SOLD AUG 13, 2026
$862,500
E
3 beds2.5 baths2,881 sq ft
1321 Hathaway Rd, Raleigh, NC 27608
SOLD AUG 10, 2026
$1,365,000
F
4 beds3.5 baths3,064 sq ft
2007 Sutton Dr, Raleigh, NC 27605

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Earn from this home

Sell

$392,007

Est. take-home

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Refinance

Est. cash available

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Market trends in 27607, NC

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.0%

+0.2% MoM

Median sale price

$660K

$70K MoM

Avg. days on market

47d

13 days MoM

Recently sold homes

15 MoM

New listings for sale

$229,000
Studio1 bath1,075 sq ft
2920 Okelly St, Raleigh, NC 27607
$475,000
3 beds2 baths1,579 sq ft
1308 Azalea Dr, Raleigh, NC 27607
$3,250,000
4 beds5.5 baths5,316 sq ft
906 Lake Boone Trl, Raleigh, NC 27607
$900,000
4 beds4 baths2,208 sq ft
2408 Stafford Ave, Raleigh, NC 27607
$715,000
3 beds2 baths1,803 sq ft
3413 Redbud Ln, Raleigh, NC 27607
See all

Provided by Redfin

Sale history for 23 Shepherd St

Date

Event

Price

TMLS #10071506

Mar 31, 2025

Sold

$860,000

$324/sq ft

Mar 13, 2025

Pending

—

Feb 24, 2025

Contingent

—

Feb 14, 2025

Price Changed

$929,999

$351/sq ft

Jan 30, 2025

Price Changed

$995,500

$375/sq ft

Jan 17, 2025

Listed

$1,095,000

$413/sq ft

TMLS #10062216

Dec 18, 2024

Listing Removed

—

Nov 7, 2024

Listed

$1,095,000

$413/sq ft

Public Records

Jan 26, 1994

Sold

$173,000

$65/sq ft

Public Records

Nov 24, 1992

Sold

$125,000

$47/sq ft

Public Records

Dec 5, 1985

Sold

$125,000

$47/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,459 (+0.4%)

$446,250 + $289,827

$736,077

2024

$6,433 (+18.7%)

$446,250 + $289,827

$736,077

2023

$5,421 (+7.6%)

$446,250 + $289,827

$736,077

2022

$5,038 (+4.0%)

$341,250 + $152,408

$493,658

2021

$4,843 (+1.8%)

$341,250 + $152,408

$493,658

2020

$4,755 (−9.5%)

$341,250 + $152,408

$493,658

2019

$5,255 (+6.0%)

$341,250 + $152,408

$493,658

2018

$4,957 (+5.0%)

$220,000 + $230,032

$450,032

2017

$4,722 (+2.1%)

$220,000 + $230,032

$450,032

2016

$4,624 (+6.1%)

$220,000 + $230,032

$450,032

2015

$4,360 (+5.4%)

$220,000 + $230,032

$450,032

2014

$4,136 (+7.0%)

$213,900 + $203,378

$417,278

2013

$3,865

$213,900 + $203,378

$417,278

2012

$3,865 (+1.0%)

$213,900 + $203,378

$417,278

2011

$3,827

$213,900 + $203,378

$417,278

Tax history for 23 Shepherd St

Year

Property tax

Land + Additions

Assessment*

2025

$6,459 (+0.4%)

$446,250 + $289,827

$736,077

2024

$6,433 (+18.7%)

$446,250 + $289,827

$736,077

2023

$5,421 (+7.6%)

$446,250 + $289,827

$736,077

2022

$5,038 (+4.0%)

$341,250 + $152,408

$493,658

2021

$4,843 (+1.8%)

$341,250 + $152,408

$493,658

2020

$4,755 (−9.5%)

$341,250 + $152,408

$493,658

2019

$5,255 (+6.0%)

$341,250 + $152,408

$493,658

2018

$4,957 (+5.0%)

$220,000 + $230,032

$450,032

2017

$4,722 (+2.1%)

$220,000 + $230,032

$450,032

2016

$4,624 (+6.1%)

$220,000 + $230,032

$450,032

2015

$4,360 (+5.4%)

$220,000 + $230,032

$450,032

2014

$4,136 (+7.0%)

$213,900 + $203,378

$417,278

2013

$3,865

$213,900 + $203,378

$417,278

2012

$3,865 (+1.0%)

$213,900 + $203,378

$417,278

2011

$3,827

$213,900 + $203,378

$417,278

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.37 Acres

Year renovated

1988

Sq. Ft.

2,726

Year built

1938

Style

Multi-Family (2-4 Unit)

County

Wake County

APN

0794.15 53 2204 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

R-6

SRPOD

Residential-6 District

R-6 allows single-unit living in a detached house, or tiny house and two-unit living in an attached house or townhouse or tiny house with a minimum lot size of 6,000 sq ft. Multi-unit living is also allowed in a townhouse.; Smaller minimum lot sizes are permitted as part of a compact development.; Additional building types, and smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preserving common open space.; Dimensional standards, maximum density, allowed building types, and allowed uses may be modified for the R-6 district within the TOD overlay or Frequent Transit Areas identified in the City’s Comprehensive Plan to enable transit oriented development.

Zone overlays

Special Residential Parking Overlay District

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space

Property details

Parking

Parking Information
Garage: Yes
Garage Spaces: 2
Open Parking: No
Parking Features: Additional Parking, Concrete, Detached, Driveway, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Off Street, Oversized
Parking Total: 2

Interior

Bathroom Information
Bathrooms Full: 4

Bedroom Information
Bedrooms Total: 3

Interior Features
Appliances: Built-In Electric Range, Built-In Gas Range, Dishwasher, Dryer, Freezer, Gas Cooktop, Ice Maker, Microwave, Washer/Dryer, Water Heater
Window Features: Blinds, Insulated Windows, Plantation Shutters, Storm Window(s), Wood Frames
Laundry Features: In Basement, In Unit, Laundry Room, Lower Level, Sink
Interior Features: Apartment/Suite, Chandelier, Crown Molding, Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Recessed Lighting, Second Primary Bedroom, Separate Shower, Stone Counters, Storage
Fireplace: Yes
Fireplace Features: Basement, Living Room
Fireplaces Total: 2
Flooring: Hardwood

Room Information
Bath/Stubbed, Exterior Entry, Finished, Heated, Interior Entry, Storage Space, Sump Pump, Workshop

Exterior

Building Information
Construction Materials: Block, Brick
Building Area Total: 2653.0
Structure Type: Multi Family

Exterior Features
Patio and Porch Features: Covered, Patio, Porch
Foundation Details: Block
Exterior Features: Courtyard, Garden, Lighting, Private Yard, Rain Gutters, Storage, Uncovered Courtyard
Roof: Architectural Shingle

Property information
Above Grade Finished Area: 2356.0
Below Grade Finished Area: 297.0
Levels: Three Or More
Other Structures: Garage(s)
Property Condition: Updated/Remodeled

Land Information
Vegetation: Cleared, Grassed, Partially Wooded

Lot Information
Lot Size Acres: 0.37
Lot Size Area: 0.37
Lot Size Dimensions: 80x199x80x200
Lot Size Square Feet: 16117.2
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: 6433.0

Financial Information
Buyer Financing: Cash

Utilities

Utility Information
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected
Water Source: Public

Heating & Cooling
Heating: Yes
Heating Information: Fireplace(s), Forced Air
Cooling: Yes
Cooling Information: Central Air

Location

HOA Information
Association: No

School Information
Elementary School: Wake - Olds
Middle Or Junior School: Wake - Martin
High School: Wake - Broughton

Location Information
County Or Parish: Wake
Directions: Head west on National Dr toward Glenwood Ave, Take Ridge Rd and Dixie Trail to Clark Ave, and Continue on Clark Ave. Drive to Shepherd St
Latitude: 35.791742
Longitude: -78.679013
Postal Code: 27607
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,726
Stories: 2.0
Lot Size: 0.37 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1938
Year Renovated: 1988
County: Wake County
APN: 0794.15 53 2204 000

Home facts updated by county records on Aug 10, 2026

Other

hidden custom fields
In Basement, In Unit, Laundry Room, Lower Level, Sink

Listing Date Information
Contract Status Change Date: 2025-04-01
Documents Change Timestamp: 2025-01-17T17:27:07Z
Photos Change Timestamp: 2025-02-24T16:05:34Z
Price Change Timestamp: 2025-02-14T15:33:11Z

Listing Price Information
Previous List Price: 995500.0

Around this home

Schools

Olds Elementary

Public PreK-5 • Assigned • 0.2mi

6/10

Martin Middle

Public 6-8 • Assigned • 1.4mi

7/10

Needham Broughton High

Public 9-12 • Assigned • 1.5mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 105° expected this year, 17 days in 30 years

6/10 Wind Factor

57% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Raleigh, NC • 27607

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

8.9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.07M – $1.30M

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Nearby similar homes

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2316 Bedford Ave, Raleigh, NC 27607

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2 beds1 bath1,061 sq ft

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3 beds3 baths1,659 sq ft

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3 beds2 baths1,400 sq ft

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New listings for sale in 27607

$229,000

Studio1 bath1,075 sq ft

2920 Okelly St, Raleigh, NC 27607

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906 Lake Boone Trl, Raleigh, NC 27607

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4 beds4 baths2,208 sq ft

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Home values near 23 Shepherd St

Data from public records.

Address	Redfin Estimate
16 Shepherd St, Raleigh, NC - Beds \| 3 Baths \| 4024 Sq. Ft.	$738,607
31 Shepherd St, Raleigh, NC - Beds \| 3 Baths \| 2880 Sq. Ft.	$1,201,819

Address	Redfin Estimate
17 Shepherd St, Raleigh, NC - Beds \| - Baths \| 2298 Sq. Ft.	$657,879
22 Shepherd St, Raleigh, NC - Beds \| - Baths \| - Sq. Ft.	$1,042,110

Address	Redfin Estimate
30 Shepherd St, Raleigh, NC - Beds \| 2.5 Baths \| 2720 Sq. Ft.	$945,929
24 Shepherd St, Raleigh, NC - Beds \| - Baths \| 2400 Sq. Ft.	$665,451

Property information provided by TMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27607, NC

Sale history for 23 Shepherd St

Tax history for 23 Shepherd St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27607

Home values near 23 Shepherd St

More real estate resources