This lot with an existing home is in an outstanding area for single family living and presents a great investing opportunity, not only for traditional investors but the average homeowner. Located "Inside the Beltline" within a 5-10 minute walk to "Midtown", one of Raleigh's fastest growing corporate/leisure/business/shopping centers that has already lead Raleigh's historical growth in homeowner value over the past 15 years. In my opinion as A 25+ year Real Estate Appraiser that has lived in this market all my life, The city of Raleigh has planned over 4 billion in investments for Downtown and Midtown over the next 2 years, coupled with the beautiful architectural plans for the expansion of Midtown by the original developer, Kane Realty. The value of homes and land in this market surrounding Midtown will likely enter a parabolic move upwards lasting over the next several years. R-4 zoning requirements allow 38% of the lot to be impervious. This can support a 3-4 level home up to approximately 9500 square feet. The best ROI for this property is building a modern home on the lot.
Single-familyProperty Type
1979Year Built
10,019 sq ftLot Size
$440Est. Price/Sq.Ft.
Listed by Adam Bryn• Capital Valuations, LLC
Bought with Daniela Rojas Marcano Rojas• Movil Realty
Source:TMLS #2485357
Redfin Estimate
$842,045
$93K since sold in October 2024$3,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 9.7% lower than the average sale price ($933K) of 6 comparable homes.
Attractive, exquisitely remodeled home. Hardwoods, tile, paint, trim, cabinets and countertops all very nice. Quality materials, features and workmanship throughout.
2 years ago• May not reflect the current state of the home
David Buckey
Redfin Associate agent
Sale history for 3506 Bellevue Rd
Date
Event
Price
APPFOLIO #1
May 17, 2026
Rental Removed
$3,500
$2/sq ft
Apr 29, 2026
Price Changed
$2,850
$1/sq ft
Apr 25, 2026
Listed for Rent
$2,750
$1/sq ft
TMLS #10108698
Dec 31, 2025
Listing Removed
—
Aug 31, 2025
Price Changed
$900,000
$470/sq ft
Jul 7, 2025
Listed
$920,000
$481/sq ft
TMLS #10078131
Jul 9, 2025
Listing Removed
—
Apr 10, 2025
Price Changed
$935,000
$489/sq ft
Mar 26, 2025
Price Changed
$939,900
$491/sq ft
Mar 3, 2025
Price Changed
$949,900
$497/sq ft
Feb 23, 2025
Listed
$950,000
$497/sq ft
Public Records
Oct 1, 2024
Sold
$935,000
$489/sq ft
TMLS #10025093
Jul 31, 2024
Listing Removed
—
May 26, 2024
Price Changed
$919,900
$481/sq ft
May 10, 2024
Price Changed
$925,000
$484/sq ft
Apr 23, 2024
Listed
$935,000
$489/sq ft
TMLS #10023206
Apr 24, 2024
Listing Removed
—
Apr 14, 2024
Listed
$935,000
$489/sq ft
TMLS #2489141
Jul 11, 2023
Sold
$512,000
$268/sq ft
Jun 14, 2023
Pending
—
May 10, 2023
Relisted
—
May 1, 2023
Pending
—
Apr 19, 2023
Price Changed
$549,900
$287/sq ft
Feb 20, 2023
Relisted
—
Feb 20, 2023
Price Changed
$575,000
$301/sq ft
Jan 23, 2023
Price Changed
$550,000
$288/sq ft
Jan 19, 2023
Listed
$575,000
$301/sq ft
Jan 5, 2023
Coming Soon
$575,000
$301/sq ft
TMLS #2485357
Jul 11, 2023
Sold
$512,000
$268/sq ft
Jun 14, 2023
Pending
—
Apr 19, 2023
Price Changed
$549,900
$287/sq ft
Jan 5, 2023
Price Changed
$575,000
$301/sq ft
Dec 12, 2022
Price Changed
$595,000
$311/sq ft
Nov 29, 2022
Listed
$600,000
$314/sq ft
TMLS #1933102
Aug 11, 2014
Listing Removed
—
May 2, 2014
Price Changed
$299,900
$157/sq ft
Feb 25, 2014
Listing Removed
—
Feb 25, 2014
Listed
$319,900
$167/sq ft
TMLS #1734912
Dec 31, 2010
Listing Removed
—
Jul 1, 2010
Listed
$299,900
$157/sq ft
TMLS #780474
Apr 4, 2009
Listing Removed
—
Jan 12, 2005
Listed
$269,900
$141/sq ft
TMLS #848058
Oct 12, 2006
Sold
$205,000
$107/sq ft
Sep 17, 2006
Listing Removed
—
Feb 18, 2006
Listed
$213,000
$111/sq ft
TMLS #798355
Oct 30, 2005
Listing Removed
—
Apr 25, 2005
Listed
$249,900
$131/sq ft
TMLS #774995
Jan 12, 2005
Listing Removed
—
Nov 24, 2004
Listed
$274,900
$144/sq ft
TMLS #772197
Nov 24, 2004
Listing Removed
—
Nov 4, 2004
Listed
$279,900
$146/sq ft
TMLS #766526
Nov 4, 2004
Listing Removed
—
Sep 24, 2004
Listed
$284,900
$149/sq ft
Public Records
Dec 30, 1992
Sold
$96,500
$50/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,758 (+50.2%)
$455,000 + $317,647
$772,647
2024
$4,501 (+17.7%)
$455,000 + $317,647
$772,647
2023
$3,824 (+7.6%)
$455,000 + $60,890
$515,890
2022
$3,553 (+4.0%)
$269,500 + $79,466
$348,966
2021
$3,415 (+1.9%)
$269,500 + $79,466
$348,966
2020
$3,353 (+16.4%)
$269,500 + $79,466
$348,966
2019
$2,881 (+6.0%)
$269,500 + $79,466
$348,966
2018
$2,718 (+5.0%)
$180,000 + $66,894
$246,894
2017
$2,588 (+2.1%)
$180,000 + $66,894
$246,894
2016
$2,535 (+1.3%)
$180,000 + $66,894
$246,894
2015
$2,503 (+5.4%)
$180,000 + $66,894
$246,894
2014
$2,374 (+7.0%)
$116,600 + $123,206
$239,806
2013
$2,218
$116,600 + $123,206
$239,806
2012
$2,218 (+1.0%)
$116,600 + $123,206
$239,806
2011
$2,196
$116,600 + $123,206
$239,806
Tax history for 3506 Bellevue Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,758 (+50.2%)
$455,000 + $317,647
$772,647
2024
$4,501 (+17.7%)
$455,000 + $317,647
$772,647
2023
$3,824 (+7.6%)
$455,000 + $60,890
$515,890
2022
$3,553 (+4.0%)
$269,500 + $79,466
$348,966
2021
$3,415 (+1.9%)
$269,500 + $79,466
$348,966
2020
$3,353 (+16.4%)
$269,500 + $79,466
$348,966
2019
$2,881 (+6.0%)
$269,500 + $79,466
$348,966
2018
$2,718 (+5.0%)
$180,000 + $66,894
$246,894
2017
$2,588 (+2.1%)
$180,000 + $66,894
$246,894
2016
$2,535 (+1.3%)
$180,000 + $66,894
$246,894
2015
$2,503 (+5.4%)
$180,000 + $66,894
$246,894
2014
$2,374 (+7.0%)
$116,600 + $123,206
$239,806
2013
$2,218
$116,600 + $123,206
$239,806
2012
$2,218 (+1.0%)
$116,600 + $123,206
$239,806
2011
$2,196
$116,600 + $123,206
$239,806
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R-4
Residential-4 District
Subject to the density restriction of 4 units per acre, R-4 allows single-unit living in a detached house with a minimum lot size of 10,000 sq ft.; Decreased minimum lot sizes are permitted as part of a compact development.; Additional building types, smaller lot sizes and increased density as part of a conservation development are allowed in exchange for preserving common open space.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space
Apr 12, 2024 • Final
Residential alteration/repairs
Renovate the kitchen by replacing cabinets, counters, and the backsplash. Remodel the master and hall bathrooms by installing walk-in showers, new vanities, light fixtures, and toilets. Update the second-floor bathroom with new tiles, a sink, and a toilet. Replace deck boards, railings, front wooden steps, and the landing. Replace skylights, roof shingles, and the front door.
Bathroom
Kitchen
Remodel
Roofing
Apr 10, 2024 • Final
Residential electrical sub-
Renovate the kitchen by replacing cabinets, counters, and the backsplash. Remodel the master and hall bathrooms by installing walk-in showers, new vanities, light fixtures, and toilets. Update the second-floor bathroom with new tiles, a sink, and a toilet. Replace deck boards, railings, front wooden steps, and the landing. Replace skylights, roof shingles, and the front door.
Bathroom
Electrical
Kitchen
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Air Conditioning Type: Separate System
Heating Fuel Type: Gas
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Contemporary
Exterior Wall: Frame
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: BELLEVUE TERRACE
Living Sq. Ft: 1,913
Building Sq. Ft: 1,913
# of Units: 1
# of Stories: 1.5
Stories Type: 1 1/2
Legal Description: LO66 BELLEVUE TERR RESUB BL4
Lot Information
# of Buildings: 1
Land Sq. Ft: 10,019
Legal Lot Number: 66
Legal Block Number: 4
Municipality Name: RALEIGH
Acres: 0.23
Zoning Code: R-4
County Use Description: RESIDENTIAL-1 FAMILY
Utility Information
Utility Type: All
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,913
Stories: 1.5
Lot Size: 10,019 square feet
Style: Single Family Residential
Year Built: 1979
Year Renovated: 1999
County: Wake County
APN: 1705.11 76 2717 000
Home facts updated by county records on Aug 19, 2026
Around this home
Schools
Root Elementary School
Public PreK-5 • Assigned • 0.7mi
7/10
Oberlin Middle School
Public 6-8 • Assigned • 1.5mi
7/10
Needham Broughton High
Public 9-12 • Assigned • 2.7mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 19-29% chance 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
55% 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 • 27609
Average low and high temperatures (°F)
48
29
54
35
70
46
77
55
79
60
90
69
91
73
82
68
80
63
71
52
65
45
53
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$800,000 – $969,000
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