NOT LISTED FOR SALE

505 Florence St Unit 101 Raleigh, NC 27603

Boylan Heights Neighborhood

Estimated Value: $353,000 - $456,000

2 Beds
2 Baths
1,060 Sq Ft
2006 Built

Sale Details

Date Sold: May 24, 2024

Last sale price $480,000 $453 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,672 / mo

4 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Stainless Steel Appliances
  • Wiley Elementary Rated A-
  • Granite Countertops
  • 3-minute walk to Lenoir Street Park

About This Home

As of May 2024

Welcome to your urban haven where convenience and comfort converge in the heart of downtown Raleigh.

Step into your own private retreat with a spacious patio and fenced yard, offering a serene outdoor sanctuary for relaxation or entertaining. Inside, the gleaming hardwood flooring adds warmth and sophistication to the living space, complemented by stainless steel appliances that bring both style and functionality to the kitchen.

Cozy up by the gas fireplace in the living room, creating a warm and inviting atmosphere on chilly evenings. This residence is not only a stylish abode but also a practical one, boasting updated HVAC for year-round comfort and efficiency. Closet organizers ensure efficient storage solutions, keeping your space tidy and organized.

Beyond the comforts of home, enjoy the unparalleled convenience of being within walking distance to local businesses, including bakeries, restaurants and even a chocolate factory.

With your own assigned parking space and ample street parking for guests, parking woes are a thing of the past. Whether you're commuting to work or exploring the vibrant neighborhood, you'll always find a convenient spot to park.

Last Agent to Sell the Property

Ray Williamson

ERA Live Moore License #242013 Listed on: 04/19/2024

Last Buyer's Agent

Jason Caron

Treeline Properties & Realty License #211447

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,534

Year Built

  • Built in 2006

Lot Details

  • 1 Common Wall

HOA Fees

  • $177 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Shared Driveway
  • 1 Open Parking Space
  • Assigned Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1703461995

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, pest control
  • Boylan Condos Association, Phone Number (919) 280-4444
  • Boylan Condominiums Subdivision
  • Community Parking

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,534

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$177 per month

Listing Details

  • Year Built: 2006
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control
  • Subdivision Name: Boylan Condominiums
  • Above Grade Finished Sq Ft: 1060.0
  • Architectural Style: Transitional
  • 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
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Security Features Security System: Yes
  • General Property Information Association Phone: 919-280-4444
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 176.59
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1060.0
  • Security Features Fire Sprinkler System: Yes
  • General Property Information Stories2: 1
  • General Property Information:Living Area3: 1060.0
  • General Property Information Waterfront YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Entrance Foyer, Granite Counters, Pantry, Smooth Ceilings, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Gas Range: Yes
  • Appliances Range: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Built-in Features: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Common Walls: 1 Common Wall
  • Construction Type: Fiber Cement
  • Foundation Details: Slab
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Assigned, Shared Driveway
  • Total Parking Spaces: 1.0
  • Parking Features:Assigned: Yes
  • Association Amenities:Parking: Yes
  • Parking Features:Shared Driveway: Yes
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 176.59
  • Association Fee Frequency: Monthly
  • Association Name: Boylan Condos
  • Phone: 919-280-4444
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Boylan Condos
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Pest Control: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 176.59
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel #: 1703461995

Tax Info

  • Tax Annual Amount: 3534.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Wiley

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

Closed on
Mar 3, 2022
Sold by
Bought by
Current Estimated Value
$401,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,250
Interest Rate
0.0369%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2022
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
$344,250
Interest Rate
0.0369%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2020
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
$171,500
Interest Rate
0.029%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$405,000 Investors Title
$525,000 None Listed On Document
$343,000 None Listed On Document
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 $344,250
Previous Owner $171,500
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
05/24/2024 05/24/24 Sold $480,000 +3.2% $453 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $465,000 -- $439 / Sq Ft
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 $3,456 $393,997 $393,997
2024 $3,442 $393,997 $393,997
2023 $3,365 $306,916 $0 $306,916
2022 $3,128 $306,916 $0 $306,916
2021 $3,006 $306,916 $0 $306,916
2020 $2,952 $306,916 $0 $306,916
2019 $3,043 $260,893 $0 $260,893
2018 $2,871 $260,893 $0 $260,893
2017 $2,734 $260,893 $0 $260,893
2016 $2,678 $260,893 $0 $260,893
2015 $1,758 $167,883 $0 $167,883
2014 $1,668 $167,883 $0 $167,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10024067

Doorify MLS

APN: 1703.10-46-1995-006

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