NOT LISTED FOR SALE

238 E Davie St Unit 238 Raleigh, NC 27601

Capital District Neighborhood

Estimated Value: $421,278 - $491,000

2 Beds
2 Baths
1,076 Sq Ft
$295/mo HOA Fee

Last Sold January 03, 2025

Last sale price $392,000 $364 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,989/month

8 Days on Market

Highlights

  • Gated Parking
  • Gated Community
  • Property is near public transit
  • Root Elementary School Rated A
  • City View
  • 3-minute walk to Moore Square

About This Home

As of January 2025

Charming Downtown Condo in the Heart of the City Welcome to Founders Row, a gated and secure condo community located in the heart of vibrant downtown Raleigh. This spacious 2-bedroom, 2-bathroom first-floor home offers 1,076 sq. ft. of living space, featuring two private terraces and two serene courtyards. Inside, you'll find an inviting open layout with high 9-foot ceilings and elegant crown molding. The remodeled kitchen and bathrooms (updated in 2018) boast modern finishes, while new wood floors throughout add warmth and character. A cozy wood-burning fireplace is the centerpiece of the living room, offering the perfect spot to unwind. Storage is abundant with walk-in closets and additional space for all your belongings. Ceiling fans throughout provide year-round comfort, and custom blinds offer privacy and light control. This condo comes fully equipped with a washer, dryer, and refrigerator for your convenience. Ample gated parking, plus you're just minutes away from the best of downtown living, including restaurants, coffee shops, Fayetteville St., Moore Square, Red Hat Amphitheater, the Children's Museum, and the Governor's Mansion. Live where you love and experience Downtown Raleigh living at its finest!

Last Agent to Sell the Property

Johnny Chappell

Compass -- Raleigh License #267248 Listed on: 11/14/2024

Compass -- Raleigh

Co-Listed By

Ivan Hovis Gobern

Compass -- Raleigh License #289607

Last Buyer's Agent

Dana Ellington

Compass -- Raleigh License #255265

Compass -- Raleigh

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • No Common Walls
  • Private Entrance
  • Landscaped

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Block Foundation
  • Stucco

Interior Spaces

  • 1,076 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • City Views

Kitchen

  • Built-In Electric Oven
  • Built-In Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Laundry on main level
  • Washer and Dryer

Home Security

Parking

  • 1 Parking Space
  • Gated Parking
  • Guest Parking
  • Additional Parking
  • 1 Open Parking Space
  • Parking Lot

Outdoor Features

  • Courtyard
  • Covered Patio or Porch
  • Terrace
  • Outdoor Storage

Location

  • Property is near public transit

Schools

  • Root Elementary School
  • Moore Square Museum Middle School
  • Broughton High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1703870201

Community Details

Overview

  • Association fees include ground maintenance, pest control, trash, water
  • Founders Row Condominium Association, Phone Number (919) 863-8082
  • Founders Row Subdivision
  • Maintained Community
  • Community Parking

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,404

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Year Built: 1986
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Maintenance Grounds, Pest Control, Trash, Water
  • Co List Office Mls Id: 75688
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Founders Row
  • Above Grade Finished Sq Ft: 1076.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • 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
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • General Property Information Association Phone: (919) 863-8082
  • Laundry Features Laundry Closet: Yes
  • Laundry Features In Hall: Yes
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 295.0
  • Utilities Water Connected: Yes
  • General Property Information Above Grade Finished Area: 1076.0
  • Cooling Ceiling Fan(s): Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Common Walls No Common Walls: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Security Features Fire Sprinkler System: Yes
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Entrance Foyer, High Ceilings, Living/Dining Room Combination, Smooth Ceilings, Storage, Walk-In Closet(s)
  • Appliances: Built-In Electric Oven, Built-In Electric Range, Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Oven, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Main Level Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Oven: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Security Features:Gated Community: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Crown Molding: Yes
  • Appliances:WasherDryer: Yes
  • Appliances:Built-In Electric Oven: Yes
  • Appliances:Built-In Electric Range: Yes

Exterior Features

  • Roof: Flat
  • Exterior Features: Courtyard, Private Entrance, Storage, Uncovered Courtyard
  • Disclosures: Seller Disclosure
  • Common Walls: No Common Walls
  • Construction Type: Stucco
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Terrace
  • Lot Features:Landscaped: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Near Public Transit: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Private2: Yes
  • Exterior Features:Courtyard: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Private Entrance: Yes
  • Patio And Porch Features:Terrace: Yes
  • View:City3: Yes
  • Exterior Features:Uncovered Courtyard: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Asphalt, Gated, Guest, Parking Lot
  • Total Parking Spaces: 1.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Lot: Yes
  • Association Amenities:Parking: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Gated3: Yes
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Electric, Fireplace(s), Forced Air
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Association Fee: 295.0
  • Association Fee Frequency: Monthly
  • Association Name: Founders Row Condominium Association
  • Phone: 919-863-8082
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Founders Row Condominium Association
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Insurance: Yes
  • Association Amenities:Landscaping: Yes
  • Association Amenities:Management: Yes
  • Association Fee Includes:Pest Control: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 295.0
  • Association Amenities:Maintenance: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Moore Square Museum

Lot Info

  • Parcel #: 1703870201

Tax Info

  • Tax Annual Amount: 1404.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Root

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 1990
Bought by
Watkins Alice W
Current Estimated Value
$450,570
Source: Public Records

Range of Values:

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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
Watkins Alice W $98,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $392,000 0.0% $364 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $392,000 -- $364 / 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 $3,766 $398,422 -- $398,422
2024 $3,751 $398,422 $0 $398,422
2023 $3,468 $316,363 $0 $316,363
2022 $3,223 $316,363 $0 $316,363
2021 $3,098 $316,363 $0 $316,363
2020 $3,042 $316,363 $0 $316,363
2019 $2,799 $239,766 $0 $239,766
2018 $2,640 $239,766 $0 $239,766
2017 $2,514 $239,766 $0 $239,766
2016 $0 $239,766 $0 $239,766
2015 -- $219,348 $0 $219,348
2014 -- $219,348 $0 $219,348
Source: Public Records

Agents Affiliated with this Home

  • Johnny Chappell

    Seller's Agent in 2025

    Johnny Chappell

    Compass -- Raleigh

    (919) 737-2247

    7 in this area

    860 Total Sales

    Johnny Chappell
    Section Image

  • I

    Seller Co-Listing Agent in 2025

    Ivan Hovis Gobern

    Compass -- Raleigh

    (919) 825-7588

    1 in this area

    63 Total Sales

    Ivan Hovis Gobern
    Section Image
  • Dana Ellington

    Buyer's Agent in 2025

    Dana Ellington

    Compass -- Raleigh

    (919) 622-5051

    4 in this area

    388 Total Sales

    Dana Ellington
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10063370

Doorify MLS

APN: 1703.43-87-0201-014

North Carolina Wake County Raleigh 27601 Capital District

238 E Davie St Unit 238, Raleigh, NC

This home is located at 238 E Davie St Unit 238, Raleigh, NC 27601 since 14 November 2024 and is currently estimated at $450,570, approximately $418 per square foot. This property was built in 1986. 238 E Davie St Unit 238 is a home located in Wake County with nearby schools including Root Elementary School, Moore Square Museum Magnet Middle School, and Broughton Magnet High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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