Cottage / Storybook home in Raleigh, NC
This Cottage home in Raleigh, NC offers 3 bedrooms and 2 bathrooms across 2,161 square feet. The Cottage styling carries through the home's design.
| Price | $635,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 2161 |
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| Architectural style | Cottage / Storybook (40% match) |
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| Address | 1417 Kings Lassiter Way, Raleigh, NC 27614 |
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Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced a little above the area.
- At $635K, this home is 6% above the $599K median for 333 similar Cottage / Storybook homes in Raleigh, NC.
- That works out to $294 per square foot, 2% above the $287 comparable rate.
- New to market (6 days), so expect competition.
| This home | $635,000 |
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| Cottage / Storybook median in Raleigh, NC | $599,000 (333 homes) |
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| Price per sq ft | $294 vs. $287 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $4,148/month with 20% down at a 7.28% 30-year fixed rate. You would need about $177,765 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,476/mo |
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| Property tax (new-buyer reassessed rate) | $434/mo |
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| Homeowners insurance | $238/mo |
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| Total monthly | $4,148/mo |
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| Down payment (20%) | $127,000 |
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| Income needed | $177,765/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (59 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (59/100) |
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| Beats renting in | 10% of modeled paths |
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| Modeled 5-yr equity (median) | $285,638 |
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| Range (10th to 90th pct) | $163,403 to $432,446 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Raleigh, NC where local data is thin.
Local home values
Typical home values in Raleigh, NC have risen about 19% over the past 5 years (-2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia