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Single Family ResidenceResidential
Last sold for $129,500 on Oct 11, 1993

516 W PEACE ST

RALEIGH, NC 27603
1
Baths
1,689 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.
1940
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$129,500 · Oct 11, 1993

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,742 (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.$541,425 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$515,382
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$26,043
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$541,425

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.18
44
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.10 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
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.1975
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.No Foundation
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
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
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 333 ft²

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

H
Broughton Magnet High SchoolA-
High · Grades 9–12 · 0.3 mi
E
Wiley Magnet Elementary SchoolB
Elementary · Grades PK–5 · 0.4 mi
M
Oberlin Magnet Middle SchoolA-
Middle · Grades 6–8 · 1.8 mi

District: Wake County Schools

Neighborhood · ZIP 27603These 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.108
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.43

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.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.62,817
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,202 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$86,402
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$112,305
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%

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

516 W Peace 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 70% of homes in Wake County
  • Has a smaller lot than 84% of homes in Raleigh 27603
  • Older than 98% of homes in Wake County

How it measures up in Raleigh 27603

The dot is this home. The mark in the middle is the typical home in Raleigh 27603.

Living area1,689 ft²
SmallerTypical 1,807 ft²Bigger

Bigger than 43% of homes nearby

Lot size0.12 ac
SmallerTypical 0.5 acBigger

Bigger than 16% of homes nearby

Year built1940
OlderTypical 2000Newer

Newer than 5% of homes nearby

How 516 W Peace St ranks against every home in each area.
MeasureThis homeFive PointsRaleigh 27603Wake County
Living areabigger than1,689 ft²43% of homes43% of homes30% of homes
Lot sizebigger than0.12 ac17% of homes16% of homes21% of homes
Year builtnewer than194030% of homes5% of homes2% of homes

About 516 W Peace St

When did 516 W Peace St, Raleigh, NC last sell?

516 W Peace St, Raleigh, NC last sold on Oct 11, 1993 for $129,500, according to the county's recorded deed.

How big is 516 W Peace St, Raleigh, NC?

516 W Peace St, Raleigh, NC has 1 bathrooms, 1,689 square feet of living space and a 0.12-acre lot.

When was 516 W Peace St, Raleigh, NC built?

516 W Peace St, Raleigh, NC was built in 1940, making it 86 years old. It is a conventional home. The building has 1 story.

What schools serve 516 W Peace St, Raleigh, NC?

516 W Peace St, Raleigh, NC is assigned to Broughton Magnet High School (high), rated A-; Wiley Magnet Elementary School (elementary), rated B; Oberlin Magnet Middle School (middle), rated A-. All sit in Wake County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 516 W Peace St, Raleigh, NC compare to other homes in Raleigh 27603?

Among the 18,308 homes in Raleigh 27603, it is bigger than 43% of them (1,689 ft² against a typical 1,807 ft²), its lot is bigger than 16% of them (0.12 ac against a typical 0.5 ac) and it is newer than 5% of them (1940 against a typical 2000). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 516 W Peace St, Raleigh, NC?

The 2025 property tax bill for 516 W Peace St, Raleigh, NC was $4,742. The county assessed it at $541,425.

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Closest homes

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Assigned schools

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