$717,000 - $896,000
RENTED JUL 1, 2025

523 S West St Unit 406 Raleigh, NC 27601

Warehouse District Neighborhood
2 Beds
2 Baths
1,421 Sq Ft
2020 Built

Last Sold May 17, 2021

Last sale price $745,000 $524 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,930/month

Highlights

  • Fitness Center
  • Rooftop Deck
  • Wood Flooring
  • Conn Elementary Rated A-
  • Deck
  • 3-minute walk to Lenoir Street Park

About This Home

As of July 2025

One of the best views of the downtown Raleigh skyline can be yours in this luxury condo at The Fairweather. Modern design and convenient features welcome you home each day. 2 bedroom, 2 bath, with smart storage in custom closets. Additional flex space has a built in desk perfect for working from home. Viking appliances anchor a gourmet kitchen with open living layout. Practical amenities include secured parking garage with 1 designated parking space equipped with 250V EV charging outlet, a rooftop terrace, fitness center, dog washing station, & bicycle repair area. Close to all downtown destinations & attractions.

Last Agent to Rent the Property

Trevor Smith

NextHome RARE Properties License #261874 Listed on: 04/28/2025

NextHome RARE Properties

Last Renter's Agent

Non Member

Non Member Office

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,358

Year Built

  • Built in 2020

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,421 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Schools

  • Conn Elementary School
  • Centennial Campus Middle School
  • S E Raleigh High School

Utilities

  • Cooling Available
  • Heating Available
  • Vented Exhaust Fan

Listing and Financial Details

  • Security Deposit $4,000
  • Property Available on 7/1/25
  • Tenant pays for electricity, gas
  • The owner pays for association fees, cable TV, sewer, trash collection, water
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, internet, sewer, trash, water
  • Fairweather Condominium Association, Phone Number (919) 878-8787
  • The Fairweather Subdivision

Amenities

  • Rooftop Deck
  • Trash Chute
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pet Size Limit
  • $500 Pet Fee
  • Dogs Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,358

Year Built

Built in 2020

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Cable TV, Sewer, Trash Collection, Water
  • Available Date: 2025-07-01

Listing Details

  • Year Built: 2020
  • Prop. Type: Residential Lease
  • Reso Association Fee Includes: Cable TV, Internet, Sewer, Trash, Water
  • Subdivision Name: The Fairweather
  • Above Grade Finished Sq Ft: 1421.0
  • Entry Level: 4
  • Unit Levels: One
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • General Property Information Association Phone: 919-878-8787
  • General Property Information Enhanced Accessible2: No
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-07-01
  • Contract Information Security Deposit2: 4000.0
  • General Property Information Above Grade Finished Area: 1421.0
  • Pets Allowed Dogs OK: Yes
  • Cooling Ceiling Fan(s): Yes
  • Room Types Laundry2: Yes
  • Owner Pays:Sewer2: Yes
  • General Property Information Stories2: 1
  • Pets Allowed Size Limit: Yes
  • Pets Allowed:Number Limit: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Double Vanity, Elevator, Kitchen Island, Quartz Counters, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Range, Refrigerator, Vented Exhaust Fan
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Total Bedrooms: 7
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Gas Range: Yes
  • Appliances Range: Yes
  • Appliances:Vented Exhaust Fan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Fencing: None
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking: No
  • Parking Features: Secured
  • Total Parking Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 1.0
  • Parking Features:Secured: Yes
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Electric
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Internet, Sewer, Trash Collection, Water
  • Association Fee Frequency: Monthly
  • Association Name: Fairweather Condominium
  • Phone: 919-878-8787
  • Association: Yes
  • Fees Pet Fee: 500.0

Association/Amenities

  • General Property Information:Association Name: Fairweather Condominium
  • Association Fee Includes:Cable TV2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Amenities:Trash: Yes
  • Association Amenities:Water: Yes
  • Association Amenities:Fitness Center: Yes
  • Owner Pays:Association Fees: Yes
  • General Property Information:Association YN: Yes
  • Association Fee Includes:Internet: Yes
  • Association Amenities:Roof Deck: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - S E Raleigh
  • Middle Or Junior School: Wake - Centennial Campus

MLS Schools

  • Elementary School: Wake - Conn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
May 10, 2021
Sold by
522 S Harrington Llc
Bought by
Melfi Robert and Lee Hsisuai Elizabeth
Seller's Agent
Jason Queen
Monarch Realty Co.
Buyer's Agent
Trevor Smith
NextHome RARE Properties
List Price
$735,000
Sold Price
$745,000
Premium/Discount to List
$10,000
1.36%
Current Estimated Value
$814,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,301
Avg. Annual Appreciation
2.06%
Original Mortgage
$707,750
Outstanding Balance
$641,398
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$172,903
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Melfi Robert $745,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melfi Robert $707,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2025 07/01/25 Rented $3,750 0.0% --
06/11/2025 06/11/25 Under Contract -- -- --
05/18/2025 05/18/25 Price Changed $3,750 -6.3% $3 / Sq Ft
04/28/2025 04/28/25 For Rent $4,000 +14.3% --
06/03/2024 06/03/24 Rented $3,500 -6.7% --
04/11/2024 04/11/24 Price Changed $3,750 -6.3% $3 / Sq Ft
03/05/2024 03/05/24 Price Changed $4,000 -11.1% $3 / Sq Ft
02/08/2024 02/08/24 For Rent $4,500 0.0% --
12/15/2023 12/15/23 Off Market $745,000 -- --
05/17/2021 05/17/21 Sold $745,000 +1.4% $524 / Sq Ft View Prior Sale
04/04/2021 04/04/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $735,000 -1.3% $517 / Sq Ft
03/30/2021 03/30/21 Off Market $745,000 -- --
03/30/2021 03/30/21 For Sale $735,000 -1.3% $517 / Sq Ft
07/24/2018 07/24/18 Off Market $745,000 -- --
07/24/2018 07/24/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $687,500 -- $484 / 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
2025 $7,358 $780,545 -- $780,545
2024 $7,330 $780,545 $0 $780,545
2023 $9,816 $656,978 $0 $656,978
2022 $9,119 $656,978 $0 $656,978
2021 $5,333 $656,978 $0 $656,978
Source: Public Records

Agents Affiliated with this Home

  • Trevor Smith

    Landlord's Agent in 2025

    Trevor Smith

    NextHome RARE Properties

    (919) 745-9119

    2 in this area

    69 Total Sales

    Trevor Smith
    Section Image

  • N

    Tenant's Agent in 2025

    Non Member

    Non Member Office

  • Jason Queen

    Seller's Agent in 2021

    Jason Queen

    Monarch Realty Co.

    (919) 606-2905

    45 in this area

    82 Total Sales

    Jason Queen
    Section Image
  • Cecilia Zuvic

    Seller Co-Listing Agent in 2021

    Cecilia Zuvic

    Monarch Realty Co.

    (919) 210-5571

    46 in this area

    70 Total Sales

    Cecilia Zuvic
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10092309

Doorify MLS

APN: 1703.41-56-0643-031

North Carolina Wake County Raleigh 27601 Warehouse District

523 S West St Unit 406, Raleigh, NC

This home is located at 523 S West St Unit 406, Raleigh, NC 27601 since 28 April 2025 and is currently priced at $814,301. This property was built in 2020. 523 S West St Unit 406 is a home located in Wake County with nearby schools including Conn Elementary, Centennial Campus Magnet Middle School, and Southeast Raleigh Magnet High School.

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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 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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