NOT LISTED FOR SALE

Estimated Value: $433,000 - $501,572

2 Beds
2 Baths
1,360 Sq Ft
$355/mo HOA Fee

Last Sold August 13, 2021

Last sale price $391,000 $288 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,438/month

79 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • High Ceiling
  • Wiley Elementary Rated A-
  • Wood Flooring
  • 1-minute walk to Municipal Building Green Dog Park

About This Home

As of August 2021

UPDATED PRICE + NEW MOTIVATION! Spectacular Condo Living in the Heart of Downtown Raleigh! Modern Flair Abounds in this Renovated 2BR 2BA 3rd Floor Space. 10' Ceilings, New Engineered Hardwoods Throughout, Chic Fixtures, New Quartz Countertops with Waterfall Edge, New Cabinetry w/ Pull-outs and Soft Close Features, Multiple Walk-in Closets, Juliet Balcony, Designated Parking. Nearby Morgan Street Food Hall, Glenwood South, Whiskey Kitchen, Union Station, Weaver Street Market, Publix and More!

Last Agent to Sell the Property

Betsy Simmons

Simmons Realty Group License #224112 Listed on: 05/03/2021

Last Buyer's Agent

Shep Smith

Berkshire Hathaway HomeService License #141547

Berkshire Hathaway HomeService

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,177

Year Built

  • Built in 2005

HOA Fees

  • $355 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Transitional Architecture

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Utility Room
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Home Security

Schools

  • Wiley Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Property is near public transit

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, trash
  • Towne Properties Association
  • The Dawson On Morgan Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,177

Year Built

Built in 2005

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Year Built: 2005
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash
  • Subdivision Name: The Dawson on Morgan
  • Above Grade Finished Sq Ft: 1360.0
  • Architectural Style: Contemporary, Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 275x165x209x43x70x54x156
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: 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
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Utility Room: Yes
  • Utilities Cable Available: Yes
  • Laundry Features Laundry Closet: Yes
  • Attic Features Scuttle: Yes
  • Architectural Style Contemporary: Yes
  • General Property Information Above Grade Finished Area: 1360.0
  • General Property Information Carport YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Living/Dining Room Combination, Quartz Counters, Separate Shower, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Construction Type: Concrete
  • Foundation Details: Other
  • Lot Features:Near Public Transit: Yes
  • Accessibility Features:Accessible Elevator Installed: Yes
  • Construction Materials:Concrete2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Covered, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Covered: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 355.0
  • Association Fee Frequency: Monthly
  • Association Name: Towne Properties
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne Properties
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 355.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Zoning: DX-12
  • Lot Dimensions: 275x165x209x43x70x54x156

Tax Info

  • Tax Annual Amount: 4177.0
  • Tax Year: 2020
  • Tax Map Number: 16885 0520

MLS Schools

  • Elementary School: Wake - Wiley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Aug 10, 2021
Sold by
Mccauley Daniel
Bought by
Macfarlane Mary Ruth
Seller's Agent
Betsy Simmons
Simmons Realty Group
Buyer's Agent
Shep Smith
Berkshire Hathaway HomeService
List Price
$415,000
Sold Price
$391,000
Premium/Discount to List
-$24,000
-5.78%
Current Estimated Value
$483,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,915
Avg. Annual Appreciation
5.32%
Original Mortgage
$371,450
Outstanding Balance
$341,386
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$136,257

Purchase Details

Closed on
Aug 14, 2017
Sold by
Bull Shane K and Bull Jaime L
Bought by
Mccauley Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2005
Sold by
Dawson Developers Inc
Bought by
Bull Jaime L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,505
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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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
Macfarlane Mary Ruth $391,000 Attorneys Title
Mccauley Daniel $355,000 None Available
Bull Jaime L $328,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macfarlane Mary Ruth $371,450
Previous Owner Mccauley Daniel $284,000
Previous Owner Bull Shane K $255,500
Previous Owner Bull Jaime L $50,505
Previous Owner Bull Jaime L $261,505
Previous Owner Bull Jaime L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $391,000 -- --
08/13/2021 08/13/21 Sold $391,000 -2.2% $288 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/09/2021 07/09/21 Price Changed $399,900 -2.2% $294 / Sq Ft
06/29/2021 06/29/21 Price Changed $409,000 -1.4% $301 / Sq Ft
05/02/2021 05/02/21 For Sale $415,000 -- $305 / 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 $4,651 $494,501 $0 $494,501
2023 $4,882 $416,015 $0 $416,015
2022 $4,559 $416,015 $0 $416,015
2021 $4,251 $416,015 $0 $416,015
2020 $4,177 $416,015 $0 $416,015
2019 $4,123 $335,817 $0 $335,817
2018 $3,900 $335,817 $0 $335,817
2017 $0 $335,817 $0 $335,817
2016 $3,653 $335,817 $0 $335,817
2015 $4,039 $360,769 $0 $360,769
2014 $3,846 $360,769 $0 $360,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2381318

Doorify MLS

APN: 1703.25-58-5891-018