Raleigh  »  27601  »  Central Raleigh

400 East Martin Street, Raleigh, NC 27601

Central Raleigh, Wake
Building in Central Raleigh
100 Stories
Built in 1910
400 E Martin Street - Photo 1
400 E Martin Street, Apt A
Central Raleigh, Wake
$4,900
|
2 Bed
|
2 Bath
By CJ Tabor
Welcome to 400 East Martin Street, a building located in Central Raleigh, Wake in Raleigh, NC. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1910. This is a relatively tall building with a total of 100 floors. Finally, 400 East Martin Street was most recently sold on Sep 30, 2004 for $129,000. The market value for the land that the building sits on has been listed at $174,374. In addition, improvements upon the building have an added value of $96,449. In total, the total market value of the property as a whole is $270,823. According to local assessors, the total value of the building is currently valued at $270,823. Specifically, the value of the land that the property sits on has been assessed at $174,374. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. The building depends on for cooling. Speaking of cooling systems, the heat in the building is controlled via . The heating systems are fueld by . The code designated for the basement in this building was 5 which stands for: "". There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has provided us with data that shows that the building's roof is made up of ext:roof_cover_code_text. We are unsure what type of roof the building has.
Facts
General
Year Built
1910
Effective Year Built
1985
Bedroom Count
0
Building Condition
3
Building Quality
0
Construction Type
2
Building Style
15
Exterior Walls Type
2
Interior Walls Type
0
Roof Shape Type
6
Roof Cover Type
0
Floor Count
100
Living Units
1
Floor Cover
0
Basement Type
5
Basement Area
0
Garage Type
0
Parking Space Count
0
Patio Type
0
Porch Type
0
Pool Type
0
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
4
Property Class
C
Land Acres
0000000040
Standard Land Use Code
2001
County Land Use Code
47
Legal Description 1
TR1
Neighborhood
School District Name
Wake County Schools
Census Tract
050100
Census Block Code
1032
Census Group
1
Census Year
2020
Census - Combined Statistical Area - Area Code
450
Census - Combined Statistical Area - Area Name
Raleigh-Durham-Cary, NC
Census - County FIPS
37183
Census - Full FIPS
371830501001032
Census - Metro Micro Statistical Area - Area Code
39580
Census - Metro Micro Statistical Area - Area Name
Raleigh-Cary, NC
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3755000
Census Source
US Census Bureau
Census State FIPS
37
Census Tract Code
050100
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3704720
School District - Unified - Name
Wake County Schools
Zoning
Zoning
OX-3
Geography
Account Number
0006930
District
01
Subdivision Tract Number
1
Parcel
1703.36-87-7795 0006930
Municipality
RALEIGH
Latitude
35.7766
Longitude
-78.6332
FIPS
37183
Old APN
0006930
Geo Status Code
R
Valuation
Timestamp
2023-10-03 03:51:25
UCID Flag
C
More About The Building
In total, the building area is listed as 1,675 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. From what we gather, the control joints used in the construction of this particular building for contraction purposes were made of . The facade was constructed using . The building class code for 400 East Martin Street is unknown but given the importance of this information, we will work to update this data as soon as possible. The overall condition of the building is considered to be good.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Central Raleigh area have a median price of $1,973. Those in the 25th percentile, have a price around $1,503. While those in the 75th percentile, have a price around $2,438. Typically, the buildings in this area have a median sqft of 1,096. That means that the median price per sqft is around $23. In other words, the price per sqft for buildings in the 25th percentile is $20. While the price per sqft for buildings in the 75th percentile is $26. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There are currently a total of 13 one bedroom listings. The median price for these types of listings is $1,512. That's $26.03 price per sqft.

  • There are currently a total of 23 two bedroom listings. The median price for these types of listings is $2,000. That's $22.73 price per sqft.

  • There are currently a total of 13 three bedroom listings. The median price for these types of listings is $1,995. That's $19.78 price per sqft.

  • There is currently a single advertised four bedroom listing. The median price for these types of listings is $3,950.
About The Area
400 East Martin Street is located in Wake County, North Carolina. There are 998,576 people living here. There are 373,245 households. Most of these households have an average family size of 3.17 people. According to the census, 37% are currently renting while 63% own their homes. The median age of this population is around 35.6 years old. On average, most folks in the county are married. About 16% of folks speak a language other than English in this area. The area's employment rate is currently around 66.7%. Speaking of employment, the median income is $70,620. Most folks will commute by car for around 24.5 minutes. Finally, we know that 16% of residents in the area have graduated with their high school degree. Additionally, 32% and 18% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Raleigh, NC Urban Area has a population of 978,083 people. Based on census records, there are 366,968 registered households. Families in this area are on average made up of 3.17 people per household. Most folks are married. They are also typically around 35.4 years old. Does diversity matter to you? Right now, 16% of folks speak a language other than English here. About 37% rent while 63% purchased their homes. Right now, the community is made up of 16% of residents who have graduated with at least a high school degree. On top of that, 32% have a Bachelor's degree and 18% have a Master's degree. The employment rate is currently around 66.8%. Those employed, have a median income of $70,067.

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Studio Median Rent
$1,512
1BR Median Rent
$2,000
2BR Median Rent
$1,995
3BR Median Rent