RENTED JUN 1, 2025

252 E Davie St Unit 252 Raleigh, NC 27601

Capital District Neighborhood

Estimated Value: $411,390 - $443,000

2 Beds
2 Baths
1,157 Sq Ft
1986 Built

Highlights

  • Gated Community
  • Wood Flooring
  • Fireplace
  • Root Elementary School Rated A
  • No HOA
  • 3-minute walk to Moore Square

About This Home

As of June 2025

Urban living in this stylish condo near the City Market area of Raleigh. Walking distance to all things downtown. Enter the gated community through a private courtyard. Relax on your private patio. Two bedrooms with walk-in closets and 2 full bathrooms. Living room with wood burning fireplace. Kitchen features granite countertops, tiled backsplash and SS appliances. Separate dining room for entertaining. Gated private off-street parking. Small pets considered.

Last Agent to Rent the Property

Tricia Markulin

SW Raleigh Properties LLC License #274760 Listed on: 04/05/2025

Last Renter's Agent

Tricia Markulin

SW Raleigh Properties LLC License #274760 Listed on: 04/05/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Interior Spaces

  • 1,157 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Flooring
  • Security Gate
  • Laundry in unit
  • Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 30 Open Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,150
  • Property Available on 5/2/25
  • Tenant pays for electricity
  • The owner pays for association fees, sewer, trash collection, water
  • 12 Month Lease Term

Community Details

Overview

  • No Home Owners Association
  • Founders Row Subdivision
  • Park Phone (919) 274-8086

Pet Policy

  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Gated Community

Condo Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Sewer, Trash Collection, Water
  • Available Date: 2025-05-02

Listing Details

  • Year Built: 1986
  • Prop. Type: Residential Lease
  • Subdivision Name: Founders Row
  • Above Grade Finished Sq Ft: 1157.0
  • Unit Levels: One
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Urban living in this stylish condo near the City Market area of Raleigh. Walking distance to all things downtown. Enter the gated community through a private courtyard. Relax on your private patio. Two bedrooms with walk-in closets and 2 full bathrooms. Living room with wood burning fireplace. Kitchen features granite countertops, tiled backsplash and SS appliances. Separate dining room for entertaining. Gated private off-street parking. Small pets considered.
  • General Property Information Enhanced Accessible2: No
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-05-02
  • Contract Information Security Deposit2: 2150.0
  • General Property Information Above Grade Finished Area: 1157.0
  • Contract Information ManagerOwner Phone: 919-274-8086
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Owner Pays:Sewer2: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Security Features Security Gate: Yes
  • General Property Information:Living Area3: 1157.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Wood
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances Range: Yes
  • Community Features:Gated2: Yes
  • Laundry Features:In Unit: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 30.0
  • Open Parking: Yes
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 30.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • HOA Rent Includes: Sewer, Trash Collection, Water
  • Association: No

Association/Amenities

  • Owner Pays:Association Fees: Yes
  • General Property Information:Association YN: No

Schools

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

MLS Schools

  • Elementary School: Wake - Root

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2014
Sold by
Lauterwasser Mark E and Lauterwasser Vanessa
Bought by
Osburn Kellen
Current Estimated Value
$432,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,162
Outstanding Balance
$168,227
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$263,903

Purchase Details

Closed on
Aug 15, 2007
Sold by
Harner Rod
Bought by
Lauterwasser Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2001
Sold by
Catlin Maryneil S and Catlin James M
Bought by
Harner Rod

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,625
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Osburn Kellen $232,000 None Available
Lauterwasser Mark E $219,000 None Available
Harner Rod $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osburn Kellen $220,162
Previous Owner Lauterwasser Mark E $189,000
Previous Owner Harner Rod $111,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2025 06/01/25 Rented $2,100 0.0% --
05/01/2025 05/01/25 Price Changed $2,100 -2.3% $2 / Sq Ft
04/05/2025 04/05/25 For Rent $2,150 -- --
Source: Doorify MLS

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 -- $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 $2,463 $239,766 $0 $239,766
2015 $2,291 $219,348 $0 $219,348
2014 $2,174 $219,348 $0 $219,348
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2025

    Tricia Markulin

    SW Raleigh Properties LLC

    (919) 274-8086

    6 Total Sales

    Tricia Markulin
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10087292

Doorify MLS

APN: 1703.43-87-0201-010

North Carolina Wake County Raleigh 27601 Capital District

252 E Davie St Unit 252, Raleigh, NC

Not Listed for Sale

Condos

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 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.