Jeff Peterson
Choice Residential Real Estate
(984) 204-7231
38 Total Sales
1 in Olde East Raleigh
$785,000 Price
402 Chavis Way Raleigh, NC 27601
Olde East Raleigh NeighborhoodEstimated Value: $672,000 - $837,000
2
Beds
4
Baths
1,763
Sq Ft
$427/Sq Ft
Est. Value
Highlights
- Two Primary Bedrooms
- Downtown View
- Deck
- Hunter Elementary School Rated A
- Open Floorplan
- Contemporary Architecture
About This Home
As of August 2025Luxurious, Light-Filled Modern Townhome with Skyline Views and Direct Greenway Access
Discover the best of downtown living in this architecturally stunning modern townhome in the heart of Raleigh's Olde East neighborhood. Thoughtfully designed by award-winning Clearscapes Architecture, this light-filled home seamlessly blends sleek urban style with everyday comfort and function.
Step inside to an open layout with soaring ceilings, dramatic lightwells facing east and west, and expansive windows offering skyline and greenway views from nearly every room. Gleaming White Oak hardwood floors, new paint throughout, floating stairs, built-in bookshelves, and waterfall-edge quartz countertops. The chef's kitchen is adorned with custom Cabico cabinets, a BlueStar gas range, premium appliances, and ample space to gather and create.
Upstairs, relax on your private 3rd floor balcony and watch the sunset over the city. The top floor features two bedrooms, two full bathrooms, and a conveniently located laundry room. A versatile flex space on the lower level makes for a perfect home office, guest suite, or additional bedroom—complete with its own half bath. The home is Energy Star certified with a fresh air ventilation system and includes top-down blinds for light control and privacy. The large one-car garage is EV-ready with a Tesla charger already installed.
Enjoy direct access to the Little Rock Trail Greenway right from your front door—ideal for morning jogs, bike rides, or scenic strolls with your dog. Walk out the back and you are just steps from Transfer Co. Food Hall, a vibrant gathering space with artisan vendors, breweries, and local flavors. Walk to Moore Square, Raleigh Memorial Auditorium, Chavis Park, and the city's top museums. With festivals, live performances, and cultural attractions all within reach, this is truly low-maintenance, high-reward urban living. With a rental history of $3,300/month it also makes an ideal choice for professionals looking to live smart and invest wisely.
HOA dues cover exterior maintenance and routine window cleaning—so you can spend more time exploring and less time on upkeep.
Last Agent to Sell the Property
Choice Residential Real Estate License #246536 Listed on: 07/04/2025
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Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,295
Year Built
- Built in 2018
Lot Details
- 1,307 Sq Ft Lot
- Two or More Common Walls
- Private Entrance
HOA Fees
- $315 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Electric Vehicle Home Charger
- Rear-Facing Garage
- Garage Door Opener
- On-Street Parking
Home Design
- Contemporary Architecture
- Modernist Architecture
- Modern Architecture
- Entry on the 2nd floor
- Flat Roof Shape
- Brick Exterior Construction
- Slab Foundation
- Metal Siding
- Vinyl Siding
Interior Spaces
- 1,763 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Skylights
- Insulated Windows
- Blinds
- Entrance Foyer
- Family Room
- Dining Room
- Recreation Room
- Downtown Views
- Laundry on upper level
Kitchen
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Upstairs
- Double Master Bedroom
- Walk-In Closet
- Double Vanity
- Bathtub with Shower
- Walk-in Shower
Home Security
Eco-Friendly Details
- Energy-Efficient Lighting
- Energy-Efficient Thermostat
- Ventilation
Outdoor Features
- Balcony
- Deck
- Covered Patio or Porch
- Rain Gutters
Schools
- Hunter Elementary School
- Ligon Middle School
- Broughton High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- Underground Utilities
- Natural Gas Connected
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1703972256
Community Details
Overview
- Association fees include ground maintenance
- York Association, Phone Number (919) 821-1350
- The Ware Subdivision
- Maintained Community
Security
- Fire and Smoke Detector
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 4, 2025
Closed on
Aug 25, 2025
Sold by
Bought by
Seller's Agent
Eric Alexander
Choice Residential Real Estate
Buyer's Agent
Tim Lehan
Steele Residential
List Price
$724,900
Sold Price
$710,000
Premium/Discount to List
-$14,900
-2.06%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,789
Avg. Annual Appreciation
6.49%
Original Mortgage
$568,000
Outstanding Balance
$562,984
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$189,805
Purchase Details
Closed on
Feb 22, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 7, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Olde East Raleigh, NC
-
Jeff Peterson
-
Lori Walls
Lori Walls
Howard Hanna Allen Tate Raleigh Falls of Neuse
(866) 936-9435
78 Total Sales
2 in Olde East Raleigh
$287,500 Price Range
-
Rebekah Lindsey
Rebekah Lindsey
Real Broker, LLC - Carolina Collective Realty
(866) 511-2873
120 Total Sales
1 in Olde East Raleigh
$431,000 Price
-
Jennifer Donahue
Jennifer Donahue
Keller Williams Legacy
(984) 664-5476
129 Total Sales
1 in Olde East Raleigh
$350,000 Price
-
Cathy Reed
Cathy Reed
Dogwood Properties
(833) 987-4680
132 Total Sales
1 in Olde East Raleigh
$590,000 Price
-
April Auman
April Auman
Coldwell Banker Advantage
(336) 438-2729
131 Total Sales
1 in Olde East Raleigh
$420,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $623,000 | First American Mortgage Sln | ||
| $585,000 | Attorneys Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $568,000 | ||
| Closed | $548,000 | ||
| Previous Owner | $468,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | Sold | $710,000 | -2.1% | $403 / Sq Ft |
| 07/22/2025 07/22/25 | Pending | -- | -- | -- |
| 07/04/2025 07/04/25 | For Sale | $724,900 | 0.0% | $411 / Sq Ft |
| 07/23/2023 07/23/23 | Rented | $3,550 | +1.4% | -- |
| 06/07/2023 06/07/23 | Under Contract | -- | -- | -- |
| 06/02/2023 06/02/23 | Price Changed | $3,500 | +0.1% | $2 / Sq Ft |
| 05/15/2023 05/15/23 | Price Changed | $3,495 | -6.8% | $2 / Sq Ft |
| 05/09/2023 05/09/23 | For Rent | $3,750 | -- | -- |
Source: Doorify MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,321 | $722,487 | $195,000 | $527,487 |
| 2024 | $6,295 | $722,487 | $195,000 | $527,487 |
| 2023 | $5,874 | $576,183 | $185,000 | $391,183 |
| 2022 | $4,666 | $576,183 | $185,000 | $391,183 |
| 2021 | $5,626 | $576,183 | $185,000 | $391,183 |
| 2020 | $2,721 | $576,183 | $185,000 | $391,183 |
| 2019 | $1,827 | $155,942 | $110,000 | $45,942 |
| 2018 | $0 | $110,000 | $110,000 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Alexander
Seller's Agent in 2025
Eric Alexander
Choice Residential Real Estate
(919) 272-8004
1 in this area
67 Total Sales
-
Tim Lehan
Buyer's Agent in 2025
Tim Lehan
Steele Residential
(919) 443-5834
2 in this area
113 Total Sales
-
Natalee Choby
N
Seller's Agent in 2023
Natalee Choby
N.C. & CO. Realty LLC
(919) 264-4977
1 in this area
27 Total Sales
-
Brian Cosgriff
Buyer's Agent in 2023
Brian Cosgriff
Hodge & Kittrell Sotheby's Int
(919) 777-4127
12 Total Sales
Map
Source: Doorify MLS
MLS Number: 10107399
APN: 1703.44-97-2256-000
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.
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.
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