308 Watauga Street
Mordecai · Raleigh, NC 27604
$555,000
$334 per sq ft
- 3bedrooms
- 2bathrooms
- 1,660sq ft
- 0.13acre lot
- 1925built
- NoneHOA / mo
Bungalow with a screened side porch, under contract in eleven days
Original floors and trim, a working wood-burning fireplace, and a screened porch down the side of the house that acts as a second living room from March to November. Kitchen updated 2020. Under contract — we can show it as a backup and tell you what it took to win it.
- Screened side porch
- Kitchen updated 2020
- Working wood-burning fireplace
- Under contract in 11 days
What this house has
- Hardwood floors
- Fireplace
- Screened porch
- No HOA
- Fenced yard
The numbers
| Listing ID | HS-1023 |
|---|---|
| Property type | Single-family |
| Style | Bungalow |
| Status | Under contract |
| Bedrooms | 3 |
| Bathrooms | 2 (2 full) |
| Interior | 1,660 sq ft |
| Price per sq ft | $334 |
| Lot | 0.13 acre |
| Year built | 1925 |
| HOA / condo fee | None |
| Estimated tax rate | 1.0075% of value per year |
| Listed on | August 24, 2026 |
| Days on market | 11 |
| County | Wake County, NC |
| Coordinates | 35.7944, -78.6339 |
Mordecai
A small pocket north of downtown built mostly between 1910 and 1950, with a mix of one-storey cottages, bungalows and a growing number of narrow infill houses on split lots.
- Housing stock Cottages and bungalows of 950–1,900 sq ft alongside three-storey infill builds of 1,900–2,600 sq ft dating from 2015 onward.
- Typical lot 0.10–0.20 acre; several original lots have been subdivided
- Getting about About 1.5 miles to downtown Raleigh; 25 minutes to RTP at peak.
Assigned schools
These are the base schools currently assigned to this address by Wake County Public School System. We list assignment as a fact and nothing more — we do not rate, rank or compare schools, and no one at Homestead will, because doing so is how housing discrimination happens in practice. Judge them yourself.
- ElementaryConn Elementary
- MiddleLigon Middle
- HighEnloe High
- DistrictWake County Public School System
Attendance areas are reassigned periodically and a base assignment can change before you close. Verify the current assignment directly with Wake County Public School System before you rely on it.
What this would cost a month
Change any number. Nothing here is a quote — it is arithmetic.
$3,984
estimated total monthly ·$499,500 borrowed
- Principal and interest
- $3,141
- Property tax
- $466
- Homeowner’s insurance
- $148
- HOA / condo fee
- $0
- Mortgage insurance (PMI)
- $229
Under 20% down, so private mortgage insurance is included at an estimated 0.55% of the loan a year. On a conventional loan it comes off automatically once you reach 78% loan-to-value, and you can usually request removal at 80%. On most FHA loans it stays for the life of the loan.
Over the full term you would pay about $631,178 in interest, assuming you never pay extra and never refinance.
Estimates only. Actual rates depend on credit, loan type and the day. Wake County property tax is reassessed on a four-year cycle, so a recent revaluation can move the tax line. Talk to a lender for a real quote — we can introduce you to three.
Scored on this data, not hand-picked
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