NOT LISTED FOR SALE
32 Beds
16 Baths
12,064 Sq Ft
0.85 Acre Lot

Sale Details

Date Sold: February 21, 2025

Last sale price $2,150,000 $178 Per Sq Ft

69 Days on Market

Highlights

  • 0.85 Acre Lot
  • Transitional Architecture
  • Central Heating and Cooling System
  • Wiley Elementary Rated A-
  • Tile Flooring

About This Home

As of February 2025

564 and 567 Dacian feature 16, identical, two-bedroom units and have benefited from more than $350,000 in capital improvements over the last five years including: new roofs, new windows, new exterior staircases and landings, and interior updates to every unit. New leases are being signed at $1,325. Located inside Raleigh's I-440 Beltline, the property is nestled in a quiet residential neighborhood along Raleigh's Greenway and adjacent to Dacian Road Park. Residents are only minutes from Downtown Raleigh, Wake Med Raleigh, and multiple retail centers.
Each building is located in a flood zone and the current owner does maintain a flood insurance policy. During current ownership, the 564 Dacian building has seen water reach the parking lot and crawl space, but has never reached the floor level of the units.

Last Agent to Sell the Property

Thomas Furlow

Deaton Investment Real Estate License #222598 Listed on: 10/29/2024

Last Buyer's Agent

Thomas Furlow

Deaton Investment Real Estate License #222598 Listed on: 10/29/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,796

Year Built

  • Built in 1973

Lot Details

  • 0.85

Home Design

  • Transitional Architecture
  • Brick Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 12,064 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 16 Full Bathrooms

Parking

  • On-Street Parking
  • 16 Open Parking Spaces
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • 16 Units

Listing and Financial Details

  • Assessor Parcel Number 1713729821

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,796

Year Built

Built in 1973

Lot Details

0.85 Acres

Listing Details

  • Year Built: 1973
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 12064.0
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: 564 and 567 Dacian feature 16, identical, two-bedroom units and have benefited from more than $350,000 in capital improvements over the last five years including: new roofs, new windows, new exterior staircases and landings, and interior updates to every unit. New leases are being signed at $1,325. Located inside Raleigh's I-440 Beltline, the property is nestled in a quiet residential neighborhood along Raleigh's Greenway and adjacent to Dacian Road Park. Residents are only minutes from Downtown Raleigh, Wake Med Raleigh, and multiple retail centers. Each building is located in a flood zone and the current owner does maintain a flood insurance policy. During current ownership, the 564 Dacian building has seen water reach the parking lot and crawl space, but has never reached the floor level of the units.
  • Foundation Details BrickMortar: Yes
  • Roof:Shingle: Yes
  • Contract Information Lease Term: Other
  • General Property Information Above Grade Finished Area: 12064.0
  • Roof Asphalt3: Yes
  • General Property Information Number Of Units Total3: 16.0
  • General Property Information Lot Size Square Feet2: 37026.0
  • General Property Information Lot Size Acres: 0.85
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 12064.0
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Flooring: Luxury Vinyl, Tile, Vinyl
  • Basement YN: No
  • Full Bathrooms: 16
  • Total Bedrooms: 32
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Shingle
  • Acres: 0.85
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar, Slab
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 16.0
  • Open Parking: Yes
  • Parking Features: Off Street, On Street
  • Parking Features:On Street: Yes
  • Parking Features:Off Street: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 16.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 37026.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1713729821
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 8796.36
  • Tax Year: 2024
  • Tax Map Number: 11

Multi Family

  • Number Of Units Total: 16

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
Oct 29, 2024
Closed on
Feb 18, 2025
Sold by
Bought by
Seller's Agent
Thomas Furlow
Deaton Investment Real Estate
Buyer's Agent
Thomas Furlow
Deaton Investment Real Estate
List Price
$2,250,000
Sold Price
$2,150,000
Premium/Discount to List
-$100,000
-4.44%
Views
23

Purchase Details

Closed on
Nov 5, 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
$1,350,000
Interest Rate
0.0309%

Purchase Details

Closed on
Jun 13, 2005
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
$455,000
Interest Rate
0.0569%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2003
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
$530,000
Interest Rate
0.0524%
Mortgage Type
Commercial
Source: Public Records
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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
$2,150,000 None Listed On Document
$1,800,000 None Available
$630,000 --
$525,000 --
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
Previous Owner $1,350,000
Previous Owner $455,000
Previous Owner $530,000
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
02/21/2025 02/21/25 Sold $2,150,000 -4.4% $178 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
10/29/2024 10/29/24 For Sale $2,250,000 -- $187 / 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 $8,833 $994,470 $160,000 $834,470
2024 $8,797 $994,470 $160,000 $834,470
2023 $7,166 $642,788 $112,000 $530,788
2022 $6,668 $642,788 $112,000 $530,788
2021 $6,414 $642,788 $112,000 $530,788
2020 $6,300 $642,788 $112,000 $530,788
2019 $3,798 $313,920 $28,000 $285,920
2018 $3,590 $313,920 $28,000 $285,920
2017 $3,426 $313,920 $28,000 $285,920
2016 $3,358 $313,920 $28,000 $285,920
2015 $3,401 $312,956 $52,000 $260,956
2014 $3,233 $312,956 $52,000 $260,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10060687

Doorify MLS
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