NOT LISTED FOR SALE

Estimated Value: $950,000 - $2,467,620

5 Beds
4 Baths
4,176 Sq Ft
$398/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $1,555,000 $372 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,226/month

171 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Main Floor Bedroom
  • Lacy Elementary Rated A
  • Wood Flooring
  • End Unit

About This Home

As of July 2024

Step into a serene ITB sanctuary at 1406 Lyon #102. Meet the newly move-in-ready final build of the boutique LYON collected, designed by award-winning Nick Hammer Architecture and delivered by local craftsman.

While 1406 #102 offers the smallest SQ FT of the collection, it never sacrifices sophisticated style or functional space. As you step inside, it's clear the innovative design and inspired interior design live large—utilizing walls of windows, alfresco retreats, and soaring ceilings to curate the airy ambiance. Entering your open-concept main level, you're greeted by a gourmet kitchen with stainless-steel fixtures, flowing effortlessly into a formal dining and fireplace-centric family room. Entertain around the marble hearth, or step outside to soak in the sun from a screened porch, grill-ready deck or cozy fenced-in yard!

On the second and third floors, additional finished loft space is ready for guests, while four additional bedroom suites offer ample adaptable room for whatever you need next. After the day is done, retire to a masterful primary suite that is as posh as it is practical, thanks to the oversized space, huge windows, designer-ensuite, and custom WIC. Or, head to the third floor for a nightcap on the balcony! Thanks to the wine fridge and bar, unwinding is a breeze.

Meanwhile, minutes in any direction you're connected to the shopping & dining of nearby Village District, Historic-Hayes Barton and Five Points to fuel your fun. Commuting? A two-car garage makes it easy, while your embedded locale puts you in the heart of the action. Live, work or play, there's plenty to love about your inspired ITB lifestyle.

Last Agent to Sell the Property

Johnny Chappell

Compass -- Raleigh License #267248 Listed on: 01/09/2024

Compass -- Raleigh

Co-Listed By

Laura Guld

Compass -- Raleigh License #316294

Last Buyer's Agent

Marci Ryan

Choice Residential Real Estate License #306869

Choice Residential Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,349

Year Built

  • Built in 2024 | New Construction

Lot Details

  • End Unit
  • No Units Located Below
  • No Unit Above or Below
  • 1 Common Wall
  • Partially Fenced Property
  • Wood Fence
  • Brick Fence
  • Landscaped

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Contemporary Architecture
  • Modernist Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,176 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Double Vanity
  • Private Water Closet
  • Bathtub with Shower
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Balcony
  • Patio
  • Rain Gutters

Schools

  • Lacy Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Association fees include insurance, ground maintenance, maintenance structure
  • Lyon Condominium Association
  • Built by Concept 8 LLC
  • Lyon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1704076491

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,349

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$299 per month

Parking

2

Listing Details

  • Builder Name: Concept 8 LLC
  • Builder Model: 2
  • Year Built: 2024
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure
  • Co List Office Mls Id: 75688
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Lyon
  • Above Grade Finished Sq Ft: 4176.0
  • Architectural Style: Contemporary, Modern
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Effective Year Built: 2024
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2024-03-29
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Third
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: Main
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Association Phone: call agent
  • Common Walls End Unit: Yes
  • Levels Three Or More: Yes
  • Architectural Style Contemporary: Yes
  • Fencing Brick3: Yes
  • Architectural Style Modernist: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 299.0
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Room Types Entrance Hall: Yes
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • General Property Information Above Grade Finished Area: 4176.0
  • General Property Information Carport YN: No
  • General Property Information Main Level Bedrooms: 1
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Natural Gas Connected: Yes
  • Fencing Wood2: Yes
  • Fencing Partial2: Yes
  • Property Condition New Construction: Yes
  • Structure Type Duplex: Yes
  • General Property Information Stories2: 3
  • General Property Information Builder Name: Concept 8 LLC
  • General Property Information Builder Model: 2
  • Special Features: 4098
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Renovated: 2024

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Kitchen/Dining Room Combination, Pantry, Quartz Counters, Separate Shower, Shower Only, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 8
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Shingle
  • Exterior Features: Balcony, Rain Gutters
  • Fencing: Brick, Partial, Wood
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Construction Type: Brick, Fiber Cement, Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Skylight(s): Yes
  • Exterior Features:Balcony: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Total Parking Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 299.0
  • Association Fee Frequency: Monthly
  • Association Name: Lyon Condominium
  • Phone: call agent
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lyon Condominium
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 299.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Lot Info

  • Lot Dimensions: 0
  • Parcel #: 1704076491

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Lacy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2025
Sold by
Rdu Residential Llc
Bought by
Lewis Wilbert B
Current Estimated Value
$1,662,540

Purchase Details

Listed on
Jan 9, 2024
Closed on
Jul 30, 2024
Sold by
Rdu Residential Llc
Bought by
Byllott Christopher Joseph and Byllott Lisa Marie
Seller's Agent
Johnny Chappell
Compass -- Raleigh
Buyer's Agent
Marci Ryan
Choice Residential Real Estate
List Price
$1,595,000
Sold Price
$1,555,000
Premium/Discount to List
-$40,000
-2.51%
Views
285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$765,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2021
Sold by
Jarvis Oaks Llc
Bought by
Rdu Residential Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,280,000
Interest Rate
2.99%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 1, 2004
Sold by
Scoggins Erin and Scoggins Sean
Bought by
Shepard Nora Hutton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2004
Sold by
Scoggins Erin and Scoggins Sean
Bought by
Scoggins Sean and Scoggins Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,400
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2000
Sold by
Johnson Charles E
Bought by
Sullivan Erin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.8%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lewis Wilbert B $1,545,000 None Listed On Document
Lewis Wilbert B $1,545,000 None Listed On Document
Byllott Christopher Joseph $1,555,000 Allied Title Group Llc
Rdu Residential Llc $560,000 Title Company Of Nc
Shepard Nora Hutton $242,500 --
Scoggins Sean -- --
Sullivan Erin E $206,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Byllott Christopher Joseph $765,000
Previous Owner Rdu Residential Llc $5,280,000
Previous Owner Shepard Nora Hutton $55,000
Previous Owner Scoggins Sean $153,400
Previous Owner Sullivan Erin E $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $1,555,000 -2.5% $372 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $1,595,000 0.0% $382 / Sq Ft
04/25/2024 04/25/24 Off Market $1,595,000 -- --
03/31/2024 03/31/24 For Sale $1,595,000 0.0% $382 / Sq Ft
03/31/2024 03/31/24 Off Market $1,595,000 -- --
03/12/2024 03/12/24 Price Changed $1,595,000 -1.8% $382 / Sq Ft
01/09/2024 01/09/24 For Sale $1,625,000 -- $389 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $25,349 $1 $1 --
2024 $25,349 $2,918,757 $560,000 $2,358,757
2023 $3,924 $360,000 $360,000 $0
2022 $3,941 $387,284 $360,000 $27,284
2021 $3,788 $387,284 $360,000 $27,284
2020 $3,719 $387,284 $360,000 $27,284
2019 $3,552 $304,807 $225,000 $79,807
2018 $3,350 $304,807 $225,000 $79,807
2017 $3,191 $304,807 $225,000 $79,807
2016 $0 $304,807 $225,000 $79,807
2015 -- $291,341 $172,500 $118,841
2014 -- $291,341 $172,500 $118,841
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10005257

Doorify MLS

APN: 1704.09-07-6491-000