Rare opportunity on over half an acre with incredible flexibility, no HOA, and no city taxes! This unique ranch-style home offers true main-level living PLUS a fully finished lower level with a private entrance, separate parking area, and endless possibilities. The main floor features 3 bedrooms, comfortable living spaces, an attached 1-car garage, and an additional 4-car parking pad. The finished basement lives like a private studio suite, complete with its own exterior entrance, patio, living space, open bedroom area, full bathroom, and large kitchenette. Connected by an interior staircase with locking doors at both the top and bottom, the lower level offers the flexibility to function as an in-law suite, guest retreat, potential rental opportunity, or incredible bonus/entertaining space. Designed with sustainability and self-sufficient living in mind, this . 62-acre property is a true urban homestead featuring well water, septic, solar, established garden areas, producing fruit trees, berry bushes, and a beautiful Piedmont Prairie garden filled with native plants that support local pollinators and wildlife. Enjoy privacy, space to grow, and a lifestyle rarely found this close to everything. Ideally located less than 1 mile from WakeMed Soccer Park and Fenton, with quick access to shopping, dining, entertainment, and major commuter routes. A rare combination of acreage, flexibility, sustainability, and convenience in the heart of the Triangle!
Single-familyProperty Type
1964Year Built
0.62 acresLot Size
$224Price/Sq.Ft.
1 car garageParking
Listed by Rachel Weatherspoon• Capital To Coast Realty Company
Bought with Jonathan Smith• EXP REALTY OF PIEDMONT NC LLC
Est. $2,462 per month, based on comparable rentals
Sale and tax history for 501 Strother Rd
Sale History
Tax History
Date
Event
Price
TMLS #10175314
Aug 4, 2026
Sold
$430,000
$224/sq ft
Jun 25, 2026
Pending
—
Jun 19, 2026
Listed
$425,000
$221/sq ft
Public Records
Oct 10, 2017
Sold
$240,000
$125/sq ft
TMLS #2146435
Oct 10, 2017
Sold
$239,900
$125/sq ft
Oct 10, 2017
Sold
$239,900
$125/sq ft
Sep 4, 2017
Pending
—
Aug 18, 2017
Listed
$239,900
$125/sq ft
Aug 18, 2017
Listed
$239,900
$125/sq ft
+12
A great home with a lot to offer. Located between Cary and Downtown Raleigh. The home has been updated with new windows, roof, water heater, water filtration system, hvac, and new concrete driveway with large 4 car parking pad. Basement has a 2nd washer/dryer hookup, new kitchenette w/ granite countertops, and built in retractable screen w/ projector. Two fireplaces with wood stove inserts. The fenced in backyard features large patio and deck with new trek decking. $5,000 in closing cost offered by seller.
TMLS #1867975
May 22, 2013
Sold
$133,900
$70/sq ft
May 22, 2013
Sold
$133,900
$70/sq ft
Mar 13, 2013
Pending
—
Feb 26, 2013
Price Changed
$134,900
$70/sq ft
Jan 7, 2013
Listed
$144,900
$76/sq ft
Jan 7, 2013
Listed
$134,900
$70/sq ft
+3
New paint, new kitchen, tons of character. .. this vintage home has it all!! Features include a large basement with a family room and small kitchen as well as two fireplaces and updated bathrooms. Come and be wowed by this property which is listed almost $40k below tax value!!
TMLS #1821926
Sep 7, 2012
Listing Removed
—
Feb 20, 2012
Listed
$150,000
$78/sq ft
TMLS #948290
Sep 28, 2007
Sold
$197,000
$103/sq ft
Aug 2, 2007
Listed
$199,900
$104/sq ft
Public Records
May 8, 2007
Sold
$80,000
$42/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,432 (+3.0%)
$150,000 + $227,097
$377,097
2024
$2,362 (+21.8%)
$150,000 + $227,097
$377,097
2023
$1,939 (+7.9%)
$150,000 + $227,097
$377,097
2022
$1,797 (+2.7%)
$75,000 + $171,081
$246,081
2021
$1,749 (+1.7%)
$75,000 + $171,081
$246,081
2020
$1,720 (+10.1%)
$75,000 + $171,081
$246,081
2019
$1,562 (+8.7%)
$75,000 + $171,081
$246,081
2018
$1,437 (+5.5%)
$70,000 + $118,849
$188,849
2017
$1,363 (+2.1%)
$70,000 + $118,849
$188,849
2016
$1,335 (+4.0%)
$70,000 + $118,849
$188,849
2015
$1,284 (+5.5%)
$70,000 + $118,849
$188,849
2014
$1,217 (+7.0%)
$55,000 + $127,008
$182,008
2013
$1,138
$55,000 + $127,008
$182,008
2012
$1,138
$55,000 + $127,008
$182,008
2011
$1,138
$55,000 + $127,008
$182,008
Public record
Public record
Permits
Beds
—
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.62 Acres
Year renovated
1989
Sq. Ft.
1,858
Year built
1964
Style
Single Family Residential
County
Wake County
APN
0774.19 60 1386 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
Sep 21, 2023 • Final
Residential electrical appliance or fixture change out
Install an electric vehicle charger on an interior wall.
Electrical
Ev charger
Sep 12, 2022 • Final
Residential electrical photovoltaic (solar)
Electrical
Solar
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
Parking
Parking Information
Attached Garage: Yes
Garage: Yes
Garage Spaces: 1
Interior
Bathroom Information
Bathrooms Full: 2
Bathrooms Half: 1
Bedroom Information
Bedrooms Total: 3
Main Level Bedrooms: 3
Interior Features
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Free-Standing Refrigerator, Refrigerator, Washer/Dryer, Washer/Dryer Stacked
Laundry Features: In Garage, Laundry Closet, Multiple Locations