$1,137,500
SOLD AUG 11, 2025

1531 Urban Trace Ln Raleigh, NC 27608

Five Points Neighborhood
3 Beds
2.5 Baths
2,004 Sq Ft
$275/mo HOA Fee

Recently Sold

$568 Per Sq Ft

1% Below List Price

340 Days on Market

Highlights

  • New Construction
  • View of Trees or Woods
  • Contemporary Architecture
  • Underwood Magnet Elementary School Rated A
  • Open Floorplan
  • Family Room with Fireplace

About This Home

As of August 2025

LUXURIOUS END UNIT IN THE HEART OF FIVE POINTS!
Welcome to one of just 18 exclusive high-end townhomes in the sought-after Five Points neighborhood! This stunning end-unit residence offers a perfect blend of modern luxury & convenience—an exceptional opportunity for refined urban living.

Exceptional Features:
Private finished rooftop retreat with a beverage cooler, sink, TV space, and natural gas fire pit—ideal for entertaining!
Elevator in every home for effortless accessibility
High-end finishes & fixtures throughout, featuring a WOLF gas range, Thermador stainless fridge, microwave, and dishwasher
Well-designed open floor plan for seamless living and entertaining
1- or 2-car garage options (varies by plan) with electric car outlets
Back porch & screened porch options available (varies by plan)
HOA-maintained exterior & yard maintenance for stress-free living
Unbeatable Location:
Just steps away from coffee shops, breweries, restaurants, parks, nail salons, and more! Enjoy the vibrant Five Points lifestyle with everything you need right outside your door.

Schedule an appointment at our design center to explore product finishes and customize your dream home! If this one isn't it, we'll help you find the perfect match!

Last Agent to Sell the Property

Allison Caudle

Southern Lux Living License #256715 Listed on: 07/25/2024

Last Buyer's Agent

Nelson Bunn

Hodge & Kittrell Sotheby's Int License #77726

Hodge & Kittrell Sotheby's Int

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,737

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 23 x 58 x 28 x 73
  • End Unit
  • 1 Common Wall
  • Private Entrance
  • Private Yard

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Additional Parking
  • 1 Open Parking Space

Property Views

  • Woods
  • Creek or Stream

Home Design

  • Home is estimated to be completed on 1/8/25
  • Contemporary Architecture
  • Transitional Architecture
  • Modernist Architecture
  • Modern Architecture
  • Flat Roof Shape
  • Brick Veneer
  • Brick Foundation
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Membrane Roofing
  • Board and Batten Siding
  • Metal Siding
  • HardiePlank Type

Interior Spaces

  • 2,004 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Bar Fridge
  • Crown Molding
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Sliding Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Storage
  • Laundry Room
  • Smart Thermostat

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Gas Oven
  • Built-In Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Primary bathroom on main floor
  • Double Vanity
  • Bathtub with Shower
  • Walk-in Shower

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Kitchen Appliances
  • Accessible Closets
  • Accessible Washer and Dryer
  • Handicap Accessible
  • Accessible Doors
  • Accessible Entrance

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Storage
  • Rain Gutters

Schools

  • Underwood Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Cooling System Powered By Gas
  • ENERGY STAR Qualified Air Conditioning
  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1704777346

Community Details

Overview

  • $1,000 One-Time Secondary Association Fee
  • Association fees include ground maintenance, maintenance structure
  • Urban Place At Five Points HOA
  • Built by Urban Building Solutions
  • Urban Place At Five Points Subdivision
  • Maintained Community
  • Community Parking

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,737

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Builder Name: Urban Building Solutions
  • Year Built: 2024
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: Urban Place at Five Points
  • Above Grade Finished Sq Ft: 2004.0
  • Architectural Style: Contemporary, Modern, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Effective Year Built: 2024
  • Contract Information Ownership Type: Townhouse
  • General Property Information Above Grade Unfinished Area: 1057.0
  • General Property Information Total Unfinished Area2: 1057.0
  • General Property Information Lot Size Dimensions: 23 x 58 x 28 x 73
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2025-01-08
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: First
  • Room Types Bedroom 3 Level: First
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Remarks and Miscellaneous Syndication Remarks2: LUXURIOUS END UNIT IN THE HEART OF FIVE POINTS! Welcome to one of just 18 exclusive high-end townhomes in the sought-after Five Points neighborhood! This stunning end-unit residence offers a perfect blend of modern luxury & convenience—an exceptional opportunity for refined urban living. Exceptional Features: Private finished rooftop retreat with a beverage cooler, sink, TV space, and natural gas fire pit—ideal for entertaining! Elevator in every home for effortless accessibility High-end finishes & fixtures throughout, featuring a WOLF gas range, Thermador stainless fridge, microwave, and dishwasher Well-designed open floor plan for seamless living and entertaining 1- or 2-car garage options (varies by plan) with electric car outlets Back porch & screened porch options available (varies by plan) HOA-maintained exterior & yard maintenance for stress-free living Unbeatable Location: Just steps away from coffee shops, breweries, restaurants, parks, nail salons, and more! Enjoy the vibrant Five Points lifestyle with everything you need right outside your door. Schedule an appointment at our design center to explore product finishes and customize your dream home! If this one isn't it, we'll help you find the perfect match!
  • General Property Information Association Phone: 9999999999
  • Common Walls End Unit: Yes
  • Architectural Style Contemporary: Yes
  • Architectural Style Modernist: Yes
  • Foundation Details BrickMortar: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Enhanced Accessible2: Yes
  • General Property Information Monthly Association Fees2: 275.0
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 2004.0
  • Room Types Primary Bathroom Level: Main
  • Room Types Laundry2: Yes
  • Structure Type Townhouse: Yes
  • View TreesWoods: Yes
  • Roof Composition: Yes
  • Property Condition New Construction: Yes
  • General Property Information Lot Size Square Feet2: 1742.4
  • General Property Information Building Project Name3: Urban Place at Five Points
  • Flooring Simulated Wood: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • General Property Information Lot Size Acres: 0.04
  • General Property Information:Living Area3: 2004.0
  • General Property Information Builder Name: Urban Building Solutions
  • Special Features: 4098
  • Property Sub Type: Townhouses
  • Year Renovated: 2024

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Luxury Vinyl, Simulated Wood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Breakfast Bar, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, Elevator, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Living/Dining Room Combination, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Smart Thermostat, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower, Wet Bar, Wired for Data, Wired for Sound
  • Appliances: Bar Fridge, Built-In Range, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Free-Standing Gas Oven, Free-Standing Range, Free-Standing Refrigerator, Gas Water Heater, Ice Maker, Microwave, Oven, Plumbed For Ice Maker, Range Hood, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: Family Room, Gas, Outside
  • Fireplaces: 2
  • 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:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Outside: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Wired for Sound: Yes
  • Appliances:Oven: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Community Features:Sidewalks: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Appliances:Free-Standing Refrigerator: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Crown Molding: Yes
  • Appliances:Free-Standing Gas Oven: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Smart Thermostat: Yes
  • Interior Features:Recessed Lighting: Yes
  • Appliances:Built-In Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Appliances:Bar Fridge: Yes
  • Interior Features:Wired for Data: Yes
  • Appliances:Free-Standing Range: Yes
  • Appliances:ENERGY STAR Qualified Dishwasher: Yes
  • Appliances:ENERGY STAR Qualified Refrigerator: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Roof: Composition, Flat, Membrane
  • Exterior Features: Fire Pit, Private Entrance, Private Yard, Rain Gutters, Storage
  • Acres: 0.04
  • Home Warranty: Yes
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Board & Batten Siding, Brick, Brick Veneer, Fiber Cement, HardiPlank Type, Metal Siding
  • Foundation Details: Brick/Mortar, Slab
  • Patio And Porch Features: Covered, Front Porch
  • Accessibility Features:Accessible Door(s): Yes
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Brick: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Accessibility Features:Accessible Elevator Installed: Yes
  • Exterior Features:Storage2: Yes
  • Exterior Features:Fire Pit: Yes
  • Exterior Features:Private Yard: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Construction Materials:HardiPlank Type: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • View:CreekStream: Yes
  • Window Features:Double Pane Windows: Yes
  • Door Features:Sliding Doors: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Accessibility Features:Accessible Kitchen: Yes
  • Accessibility Features:Accessible Common Area: Yes
  • Accessibility Features:Accessible Closets: Yes
  • Exterior Features:Private Entrance: Yes
  • Accessibility Features:Accessible Kitchen Appliances: Yes
  • Window Features:ENERGY STAR Qualified Windows: Yes
  • Construction Materials:Metal Siding: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Attached, Garage Door Opener, Garage Faces Rear, Private
  • Total Parking Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Association Amenities:Parking: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Private3: Yes
  • 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: 1.0

Utilities

  • Heating: Electric, ENERGY STAR Qualified Equipment, Fireplace(s), Gas Pack, Heat Pump, Natural Gas
  • Cooling: Central Air, Dual, ENERGY STAR Qualified Equipment, Gas Pack
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Water Heater: Yes
  • Heating:Fireplace(s): Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association #2 Fee: 1000.0
  • Association #2 Fee Frequency: One Time
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association Name: Urban Place at Five Points HOA
  • Phone: 999-999-9999
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Urban Place at Five Points HOA
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Maintenance Structure: Yes
  • Association Amenities:Landscaping: Yes
  • Association Amenities:Management: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 275.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 1000.0
  • General Property Information:Association Fee 2 Frequency: One Time

Schools

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

Lot Info

  • Zoning: R-10
  • Lot Dimensions: 23 x 58 x 28 x 73
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 1704777346

Tax Info

  • Tax Annual Amount: 1737.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Underwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 11, 2025
Sold by
Centered Properties Llp
Bought by
Kansler Joint Revocable Trust and Kansler
Seller's Agent
Allison Caudle
Southern Lux Living
Buyer's Agent
Nelson Bunn
Hodge & Kittrell Sotheby's Int
List Price
$1,147,500
Sold Price
$1,137,500
Premium/Discount to List
-$10,000
-0.87%
Views
72
Current Estimated Value
$1,168,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,500
Avg. Annual Appreciation
9.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $1,138,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2025 08/11/25 Sold $1,137,500 -0.9% $568 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
07/25/2024 07/25/24 For Sale $1,147,500 -- $573 / 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 -- $1,015,546 $200,000 $815,546
2024 $1,737 $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Allison Caudle

    Seller's Agent in 2025

    Allison Caudle

    Southern Lux Living

    13 in this area

    131 Total Sales

    Allison Caudle
    Section Image

  • N

    Buyer's Agent in 2025

    Nelson Bunn

    Hodge & Kittrell Sotheby's Int

    (919) 349-1781

    2 in this area

    97 Total Sales

    Nelson Bunn
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10043345

Doorify MLS

APN: 1704.12-77-7346-000

North Carolina Wake County Raleigh 27608 Five Points

1531 Urban Trace Ln, Raleigh, NC

Sold

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