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Single Family ResidenceResidential

509 FREEMAN ST

RALEIGH, NC 27601
2
Baths
1,178 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1949
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,210 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$480,484 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$275,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$205,484
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$480,484
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$480,484

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.6 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyWake
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2016
Lot (acres)The size of the land the home sits on, from county records.0.12
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Ligon Magnet Middle SchoolB+
Middle · Grades 6–8 · 0.1 mi
E
Hunter Magnet Elementary SchoolA-
Elementary · Grades PK–5 · 0.1 mi
H
Enloe Magnet High SchoolB+
High · Grades 9–12 · 1.4 mi

District: Wake County Schools

Neighborhood · ZIP 27601These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.186
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.78
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.47

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.10,490
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,744 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$79,242
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$121,364
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

509 Freeman St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Smaller than 92% of homes in Wake County
  • Has a smaller lot than 79% of homes in Wake County
  • Older than 97% of homes in Wake County

How it measures up in Raleigh 27601

The dot is this home. The mark in the middle is the typical home in Raleigh 27601.

Living area1,178 ft²
SmallerTypical 1,408 ft²Bigger

Bigger than 31% of homes nearby

Lot size0.12 ac
SmallerTypical 0.12 acBigger

Bigger than 42% of homes nearby

Year built1949
OlderTypical 1995Newer

Newer than 31% of homes nearby

How 509 Freeman St ranks against every home in each area.
MeasureThis homeSouth Central RaleighRaleigh 27601Wake County
Living areabigger than1,178 ft²36% of homes31% of homes8% of homes
Lot sizebigger than0.12 ac29% of homes42% of homes21% of homes
Year builtnewer than194924% of homes31% of homes3% of homes

About 509 Freeman St

When did 509 Freeman St, Raleigh, NC last sell?

509 Freeman St, Raleigh, NC last sold on Sep 11, 2024, according to the county's recorded deed.

How big is 509 Freeman St, Raleigh, NC?

509 Freeman St, Raleigh, NC has 2 bathrooms, 1,178 square feet of living space and a 0.12-acre lot.

When was 509 Freeman St, Raleigh, NC built?

509 Freeman St, Raleigh, NC was built in 1949, making it 77 years old. It is a conventional home. The building has 1 story.

What schools serve 509 Freeman St, Raleigh, NC?

509 Freeman St, Raleigh, NC is assigned to Ligon Magnet Middle School (middle), rated B+; Hunter Magnet Elementary School (elementary), rated A-; Enloe Magnet High School (high), rated B+. All sit in Wake County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 509 Freeman St, Raleigh, NC compare to other homes in Raleigh 27601?

Among the 2,653 homes in Raleigh 27601, it is bigger than 31% of them (1,178 ft² against a typical 1,408 ft²), its lot is bigger than 42% of them (0.12 ac against a typical 0.12 ac) and it is newer than 31% of them (1949 against a typical 1995). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 509 Freeman St, Raleigh, NC?

The 2025 property tax bill for 509 Freeman St, Raleigh, NC was $4,210. The county assessed it at $480,484.

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