$500,000
COMING SOON

615 W Peace St Unit 304 Raleigh, NC 27605

Hillsborough Neighborhood

Estimated payment $3,339/month

2 Beds
2 Baths
974 Sq Ft
$282/mo HOA Fee

Highlights

  • Building Security
  • Transitional Architecture
  • Quartz Countertops
  • Wiley Elementary Rated A-
  • End Unit
  • 5-minute walk to Fred Fletcher Park

About This Home

Nice Investment opportunity with lease transfer. Condominium unit In great location in Down Town Raleigh area.3rd floor, Inside corner unit, with one common wall, 2 Bed rooms, 2 full bath, Spacious kitchen with a Gas range and vented out Microwave. Quartz counter tops in kitchen & bathrooms, SS appliances, Ceiling fans in Family room & both bed rooms, Rolling shades for windows & balcony door, Entire floor is LVP & bathrooms are tiled. Spacious Walk in closets with shelving. Water & sewer billed through HoA. Owner responsible for Gas & Electricity. Please call to discuss parking option. Current Lease until May 2026. Seller pays $10,000/- towards rate buy down Closing costs if closed by Oct 15th 2025. Please cal Listing agent discuss Option to buy Unit #306 also not yet rented for your primary or investment.

Listing Agent

Shiv Nunna

Nunna Realty Inc License #274045 Listed on: 08/21/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,993

Year Built

  • Built in 2024

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $282 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 974 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Utility Room
  • Closed Circuit Camera

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1704422076

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, sewer, trash
  • 615 W Peace By Towne Properties Association, Phone Number (919) 878-8787
  • 615 Peace St Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Elevator

Security

  • Building Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,993

Year Built

Built in 2024

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Year Built: 2024
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Sewer, Trash
  • Subdivision Name: 615 Peace St
  • Above Grade Finished Sq Ft: 974.0
  • Architectural Style: Traditional, Transitional
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Effective Year Built: 2024
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • General Property Information Association Phone: 919-878-8787
  • General Property Information Senior Community YN: No
  • Common Walls End Unit: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 281.6
  • Room Types Entrance Hall: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 974.0
  • Security Features Fire Alarm: Yes
  • Room Types Primary Bathroom Level: Main
  • Cooling Ceiling Fan(s): Yes
  • Security Features Building Security: Yes
  • Security Features Key Card Entry: Yes
  • Security Features Firewall(s): Yes
  • Security Features Carbon Monoxide Detector(s): Yes
  • Security Features Fire Sprinkler System: Yes
  • RoofRubber: Yes
  • Security Features Closed Circuit Camera(s): Yes
  • Special Features: 34
  • Property Sub Type: Condos
  • Year Renovated: 2024

Interior Features

  • Flooring: Luxury Vinyl, Tile
  • Interior Amenities: Elevator, Quartz Counters
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Community Features:Sidewalks: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Roof: Rubber
  • Exterior Features: Balcony
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Brick, Brick Veneer, Fiber Cement
  • Foundation Details: Slab
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Open Parking: No
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Central, Electric, Forced Air, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Central: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Senior Community: No
  • Association Fee: 281.6
  • Association Fee Frequency: Monthly
  • Association Name: 615 W Peace by Towne Properties
  • Phone: 919-878-8787
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: 615 W Peace by Towne Properties
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Maintenance Structure: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Amenities:Landscaping: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Amenities:Trash: Yes
  • Association Amenities:Water: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 281.6
  • Association Amenities:Barbecue: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel #: 1704422076

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Tax Annual Amount: 3993.0
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Wiley

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2024 $96,777 $0 $0 $0
2023 $52,563 $4,497,915 $2,257,056 $2,240,859
2022 $20,258 $1,868,290 $1,395,294 $472,996
2021 $14,190 $1,395,294 $1,395,294 $0
2020 $15,685 $1,569,768 $1,569,768 $0
2019 $11,467 $938,568 $938,568 $0
2018 $10,845 $938,568 $938,568 $0
2017 $0 $942,750 $938,568 $4,182
2016 $10,198 $942,750 $938,568 $4,182
2015 $8,787 $788,691 $784,100 $4,591
2014 $8,363 $788,691 $784,100 $4,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $471,000 +0.2% $484 / Sq Ft
12/15/2023 12/15/23 Off Market $469,900 -- --
02/16/2022 02/16/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $469,900 -- $482 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $651,500 Keystone Title
Warranty Deed $611,500 Keystone Title
Warranty Deed $476,000 Allied Title Group Llc
Warranty Deed $476,000 Allied Title Group Llc
Warranty Deed $471,000 Allied Title Group Llc
Warranty Deed $471,000 Allied Title Group Llc
Warranty Deed $461,000 Allied Title Group Llc
Warranty Deed $461,000 Allied Title Group Llc
Warranty Deed $506,000 Allied Title Group Llc
Warranty Deed $506,000 Allied Title Group Llc
Warranty Deed $380,500 Allied Title Group Llc
Warranty Deed $380,500 Allied Title Group Llc
Warranty Deed $474,500 Allied Title Group Llc
Warranty Deed $474,500 Allied Title Group Llc
Warranty Deed $643,000 Allied Title Group Llc
Warranty Deed $643,000 Allied Title Group Llc
Warranty Deed $608,000 Allied Title Group Llc
Warranty Deed $304,000 Allied Title Group Llc
Warranty Deed $300,500 Allied Title Group Llc
Warranty Deed $304,000 Allied Title Group Llc
Warranty Deed $442,000 Allied Title Group Llc
Warranty Deed $442,000 Allied Title Group
Warranty Deed $468,000 Allied Title Group Llc
Warranty Deed $433,000 Allied Title Group Llc
Deed -- None Available
Deed -- None Available
Special Warranty Deed $1,650,000 None Available
Quit Claim Deed $4,000 None Available
Special Warranty Deed $1,000,000 None Available
Warranty Deed $920,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,000 New Conventional
Closed $300,000 New Conventional
Closed $353,250 New Conventional
Closed $379,425 New Conventional
Source: Public Records

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Source: Doorify MLS

MLS Number: 10117084

Doorify MLS

APN: 1704.18-42-2076-000

North Carolina Wake County Raleigh 27603 Hillsborough

615 W Peace St Unit 304, Raleigh, NC

This home is located at 615 W Peace St Unit 304, Raleigh, NC 27605 and is currently priced at $500,000, approximately $513 per square foot. This property was built in 2024. 615 W Peace St Unit 304 is a home located in Wake County with nearby schools including Wiley Elementary, Oberlin Middle School, and Broughton Magnet High School.

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Nearby Homes
Shiv Nunna
Listing Agent
Shiv Nunna
Section Image
Nunna Realty Inc
(984) 265-7879