NOT LISTED FOR SALE

Estimated Value: $423,606 - $487,000

2 Beds
2.5 Baths
1,373 Sq Ft
$295/mo HOA Fee

Last Sold December 27, 2024

Last sale price $477,000 $347 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,085/month

26 Days on Market

Highlights

  • Electric Gate
  • Gated Community
  • Wood Flooring
  • Root Elementary School Rated A
  • Transitional Architecture
  • 3-minute walk to Moore Square

About This Home

As of December 2024

Introducing a rare opportunity to own a one-of-a-kind condo in Founder's Row, one of Raleigh's best-kept secrets. Situated in the heart of downtown, this exceptional property is located adjacent to ArtSpace and City Market, one block from free live music and outdoor farmers market at Moore Square, and walking distance to favorite restaurants like Brewery Bhavana, Poole's, Raleigh Times, Beasley's, and Big Ed's!

Upon entering the community through the wrought iron gates, you will appreciate the sense of security and charm. Your new home welcomes you with a private, covered balcony where you can unwind on crisp autumn days. The inviting living room features a wood-burning fireplace as well as gorgeous hardwoods throughout the main and second floors.

The generously sized kitchen offers ample countertop space, stainless steel appliances, and freshly painted cabinets. The large family room seamlessly connects to the kitchen, creating a perfect setting for intimate gatherings or larger entertainment occasions.

Notice the skylight as you walk up to the second level offering additional natural light! The primary bedroom is complete with its own private balcony, double closets with custom shelving, and a well-appointed en-suite bathroom. This bathroom features tile flooring, a spacious walk-in shower with glass doors, and a dual vanity for added convenience. The second bedroom is equally appealing, with access to its own full bathroom that includes tile flooring and a tub/shower combination.

Founder's Row community consists of three condo buildings, each with their own brick paved courtyard, water feature, and landscaping. Low Monthly HOA fee at $295/month allows you to have amenities without the high cost!

This is an exceptional opportunity to own a distinctive residence in a prime location!

Last Agent to Sell the Property

Kelly Cherry

Keller Williams Legacy License #275312 Listed on: 10/15/2024

Keller Williams Legacy

Co-Listed By

Hank Saye

Keller Williams Legacy License #275603

Last Buyer's Agent

Michael Rice

Better Homes & Gardens Real Es License #315900

Better Homes & Gardens Real Es

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,215

Year Built

  • Built in 1986

Lot Details

  • Two or More Common Walls

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,373 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Walk-in Shower

Laundry

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

Home Security

Parking

  • 2 Parking Spaces
  • Electric Gate
  • 2 Open Parking Spaces
  • Parking Lot
  • Parking Permit Required

Outdoor Features

  • Balcony
  • Outdoor Storage
  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 1703870201

Community Details

Overview

  • Association fees include ground maintenance, special assessments, trash, water
  • Founder's Row Condo Association, Phone Number (919) 821-1350
  • Founders Row Subdivision
  • Maintained Community

Amenities

  • Trash Chute

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,215

Year Built

Built in 1986

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Year Built: 1986
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Special Assessments, Trash, Water
  • Co List Office Mls Id: 1439
  • Co List Office Phone: 919-471-8000
  • Subdivision Name: Founders Row
  • Above Grade Finished Sq Ft: 1373.0
  • Architectural Style: Traditional, Transitional
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 919-821-1350
  • Laundry Features In Hall: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 295.0
  • General Property Information Above Grade Finished Area: 1373.0
  • Room Types Primary Bathroom Level: Second
  • Cooling Ceiling Fan(s): Yes
  • Room Types Laundry2: Yes
  • Security Features Key Card Entry: Yes
  • Security Features Fire Sprinkler System: Yes
  • General Property Information Stories2: 2
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Basement: Other
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Security Features:Gated Community: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:WasherDryer: Yes
  • Community Features:Gated2: Yes

Exterior Features

  • Roof: Membrane, Other
  • Exterior Features: Balcony, Rain Gutters, Storage
  • Fencing: None
  • Common Walls: 2+ Common Walls
  • Construction Type: Stucco
  • Foundation Details: Other
  • Patio And Porch Features: Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Skylight(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage2: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Electric Gate, Gated, On Site, Parking Lot, Permit Required
  • Total Parking Spaces: 2.0
  • Parking Features:Parking Lot: Yes
  • Parking Features:On Site: Yes
  • Parking Features:Gated3: Yes
  • General Property Information:Parking Total: 2.0
  • Parking Features:Electric Gate: Yes
  • Parking Features:Permit Required: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Central, Forced Air
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 295.0
  • Association Fee Frequency: Monthly
  • Association Name: Founder's Row Condo Association
  • Phone: 919-821-1350
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Founder's Row Condo Association
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Landscaping: Yes
  • Association Amenities:Trash: Yes
  • Association Amenities:Water: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 295.0
  • 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: 4215.0
  • 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
$448,402
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

Mortgage History

Date Status Borrower Loan Amount
Open Watkins John A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $477,000 -0.6% $347 / Sq Ft
11/10/2024 11/10/24 Pending -- -- --
10/22/2024 10/22/24 Price Changed $480,000 -4.0% $350 / Sq Ft
10/15/2024 10/15/24 For Sale $500,000 -- $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
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

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Map

Source: Doorify MLS

MLS Number: 10058276

Doorify MLS

APN: 1703.43-87-0201-014