$574,000
NEW CONSTRUCTION $1K PRICE DROP

Estimated payment $3,394/month

Total Views 7,046
3 Beds
2.5 Baths
1,615 Sq Ft
$355 Price per Sq Ft

Highlights

  • New Construction
  • The property is located in a historic district
  • Contemporary Architecture
  • Laurel Park Elementary Rated A
  • Open Floorplan
  • 3-minute walk to Junious N. Sorrell Park

About This Home

This one is for the savvy buyers, seller is offering 20k for buyer to use towards down payment, buy-down or other approved uses. Enjoy easy Downtown Raleigh living in this newly constructed townhome-style condominium ideally positioned just steps from the Chavis Greenway, providing direct access to John Chavis Memorial Park, Downtown Raleigh, Dix Park, and the city's growing network of trails and greenways. Offering just over 1,600 square feet, 3 bedrooms, and 3 full baths, this thoughtfully designed residence combines modern functionality with low-maintenance living. The open-concept floorplan features abundant natural light, spacious living and dining areas, and seamless indoor-outdoor connections designed for everyday living and entertaining. Multiple outdoor living spaces provide opportunities to relax, gather with friends, or enjoy views of the surrounding neighborhood. Located just minutes from Moore Square, Transfer Co. Food Hall, Downtown restaurants, coffee shops, breweries, entertainment venues, and local parks, this home places some of Raleigh's most exciting destinations right outside your door. Whether you're seeking a primary residence with a lock-and-leave lifestyle, or convenient access to everything Downtown Raleigh has to offer, 541 Bragg presents a rare opportunity to own new construction in one of the city's most connected and rapidly evolving locations. Approximately 1,615 square feet with 3 bedrooms and 3 full baths. Newly constructed townhome-style condominium located adjacent to the Chavis Greenway with convenient access to Downtown Raleigh, John Chavis Memorial Park, Moore Square, Dix Park, Transfer Co. Food Hall, and surrounding urban amenities. Floorplan designed to maximize flexibility, natural light, and functional living space. Open-concept main living areas complemented by multiple outdoor living spaces. Low-maintenance ownership ideal for primary residence, second-home, or lock-and-leave lifestyle. Seller currently offering a $20,000 buyer incentive. Buyer incentive may be applied toward approved closing costs, financing costs, rate buy-downs, or other approved uses. Contact listing agent for details. Specifications, dimensions, finishes, and selections subject to verification by buyer.

Listing Agent

Jason Queen

Monarch Realty Co. License #265895 Listed on: 05/11/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,744

Year Built

  • Built in 2026 | New Construction

Lot Details

  • End Unit
  • 1 Common Wall
  • South Facing Home
  • Cleared Lot

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Tandem Parking
  • Garage Door Opener
  • Driveway
  • Additional Parking
  • On-Street Parking
  • 1 Open Parking Space
  • Off-Street Parking

Home Design

  • Home is estimated to be completed on 5/30/26
  • Contemporary Architecture
  • Modern Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Frame Construction
  • Batts Insulation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vertical Siding

Interior Spaces

  • 1,615 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Entrance Foyer
  • Pull Down Stairs to Attic

Kitchen

  • Free-Standing Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Double Vanity
  • Low Flow Plumbing Fixtures
  • Bathtub with Shower
  • Separate Shower

Eco-Friendly Details

  • Energy-Efficient Hot Water Distribution
  • Watersense Fixture

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Terrace
  • Exterior Lighting
  • Rain Gutters

Location

  • The property is located in a historic district

Schools

  • Fuller Elementary School
  • Carnage Middle School
  • Needham Broughton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1703.16-93-6858 0094612

Community Details

Overview

  • $300 One-Time Secondary Association Fee
  • Association fees include insurance, ground maintenance
  • Microhoa Association, Phone Number (844) 642-7646
  • Built by Family Building Company

Amenities

  • Restaurant

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,744

Year Built

Built in 2026 | New Construction

Lot Details

6,098 Sq Ft Lot

HOA Fees

$140 per month

Parking

1

Listing Details

  • Builder Name: Family Building Company
  • Year Built: 2026
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Insurance, Maintenance Grounds
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1615.0
  • Architectural Style: Contemporary, Modern
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Effective Year Built: 2026
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • Contract Information Estimated Completion Date: 2026-05-30
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Primary Bedroom Level: Second
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 140.0
  • DelayedMarketingYN: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTY2NDI0IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA2LTE2VDIzOjA4OjQzLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzI1ODcxIiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.b6fQVeRNoSQzgsphqu2bGVWc8hVJuaoB8k-KvtF6DK0/badge
  • Special Features: 4098
  • Property Sub Type: Condos
  • Year Renovated: 2026

Interior Features

  • Flooring: Simulated Wood, Tile
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Kitchen Island, Low Flow Plumbing Fixtures, Open Floorplan, Recessed Lighting, Vaulted Ceiling(s), Walk-In Closet(s), WaterSense Fixture(s), Kitchen/Dining Room Combination, Living/Dining Room Combination, Separate Shower, Bathtub/Shower Combination, Walk-In Shower, Quartz Counters, Smooth Ceilings
  • Private Spa: No
  • Appliances: Disposal, Dishwasher, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater, Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Stories: 2

Exterior Features

  • Roof: Shingle, Architectural Shingle
  • Exterior Features: Balcony, Lighting, Rain Gutters
  • Fencing: None
  • Acres: 0.14
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Batts Insulation, Concrete, Fiber Cement, Vertical Siding
  • Direction Faces: South
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Porch, Patio, Porch, Rear Porch, Terrace

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Attached, Concrete, Driveway, Garage Faces Front, Garage, Garage Door Opener, Off Street, On Street, Paved, Tandem
  • Total Parking Spaces: 2.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Electric, None, Zoned
  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Playground, Restaurant, Street Lights, Sidewalks, Historical Area
  • Senior Community: No
  • Association #2 Fee: 300.0
  • Association #2 Fee Frequency: One Time
  • Association Fee: 140.0
  • Association Fee Frequency: Monthly
  • Association Name: MicroHOA
  • Phone: (844) 642-7646
  • Association: Yes

Schools

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

Lot Info

  • Zoning: R-10
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1703.16-93-6858 0094612

Green Features

  • Green Water Conservation: Efficient Hot Water Distribution, Low-Flow Fixtures

Tax Info

  • Tax Annual Amount: 1744.2
  • Tax Year: 2025
  • Tax Map Number: 6

MLS Schools

  • Elementary School: Wake - Fuller Elementary

3D Interior and Exterior Tours

Floorplans

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,744 $200,000 $200,000 --
2024 $1,737 $200,000 $200,000 --
2023 $1,177 $108,000 $108,000 $0
2022 $1,094 $108,000 $108,000 $0
2021 $1,051 $108,000 $108,000 $0
2020 $1,032 $108,000 $108,000 $0
2019 $255 $22,000 $22,000 $0
2018 $240 $22,000 $22,000 $0
2017 $229 $22,000 $22,000 $0
2016 $224 $22,000 $22,000 $0
2015 -- $14,300 $14,300 $0
2014 -- $14,300 $14,300 $0
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 Prior Sale
06/16/2026 06/16/26 Price Changed $574,000 -0.2% $355 / Sq Ft
05/11/2026 05/11/26 For Sale $575,000 +233.3% $356 / Sq Ft
06/06/2025 06/06/25 Sold $172,500 -19.8% -- View Prior Sale
12/06/2024 12/06/24 Pending -- -- --
11/02/2024 11/02/24 For Sale $215,000 -- --
Source: Doorify MLS

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 Type Sale Price Title Company
Warranty Deed $172,500 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 Loan Amount Loan Type
Open $690,308 New Conventional
Source: Public Records

About the Listing Agent

Jason Queen

Monarch Realty Co.

(984) 314-3611

Section Image

Our clients will tell you that Monarch Realty Co. is among the most dynamic teams they’ve ever brought on, but it’s not for the reasons you might think. Is it because we break quarterly sales records? (No, but we do.) Is it because we also have residential, commercial, and development experience? (No, but we do.) Any broker can list and sell, but we bring a wealth of services, knowledge, and experience that few other brokers can offer you: experience as marketers, interior designers, historic

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Source: Doorify MLS

MLS Number: 10166424

Doorify MLS

APN: 1703.16-93-6858-000

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