$615,000
SOLD JUL 21, 2025

615 W Peace St Unit 406 Raleigh, NC 27605

Hillsborough Neighborhood
2 Beds
3 Baths
1,239 Sq Ft
$318/mo HOA Fee

Recently Sold

$496 Per Sq Ft

3% Below List Price

121 Days on Market

Highlights

  • New Construction
  • City View
  • Main Floor Primary Bedroom
  • Wiley Elementary Rated A-
  • Contemporary Architecture
  • 5-minute walk to Fred Fletcher Park

About This Home

As of July 2025

Prioritize your proximity at 615 Peace, where modern, maintenance-free living meets the vibrancy of DTR's Glenwood South. Plus, most modern condos here come with $10,000 in covered closing costs, because moving to one of Raleigh's hottest spots should be as smooth as your new skyline view. (And as seamless as your new DTR commute, thanks to the INCLUDED PARKING!)

Perched on Peace Street, 615's bold masonry and sleek mixed-metal exterior blend seamlessly with the neighborhood's charm while bringing a fresh, modern edge. Inside, industrial-inspired finishes like warm woods, gold accents, and brushed metal contrast with sun-drenched, airy interiors. It's an urban aesthetic that's as sharp as it is inviting. Suited for those who savor simple luxuries and seamless comfort.

Your new home isn't just a place to live. It's a front-row seat to the best of Downtown Raleigh. Walk to your morning coffee, grab award-winning bites, sip craft brews, or shop the latest trends, all just steps from your door. And when the city lights call, three expansive rooftop lounges offer easy views and endless vibes.

Every open-concept layout is designed to flex with your lifestyle, whether that's hybrid WFH days or rooftop hangs with friends. Private balconies, maintenance-free fixtures, and thoughtful design touches mean less hassle and more time to enjoy the city around you.
615 Peace isn't just another address. It's a lifestyle upgrade at the heart of the action. We'll #SeeYouAt615.

Last Agent to Sell the Property

Johnny Chappell

Compass -- Raleigh License #267248 Listed on: 02/20/2025

Compass -- Raleigh

Co-Listed By

Jigisha Patel

Compass -- Raleigh License #293935

Last Buyer's Agent

Stephanie Beltrone

Trident Realty Group Inc License #253754

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $96,777

Year Built

  • Built in 2024 | New Construction

Lot Details

  • No Unit Above or Below
  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $318 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Modernist Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,239 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Combination Dining and Living Room
  • City Views

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1704422076

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, sewer, storm water maintenance, trash, water
  • Peace St Condos Association, Phone Number (919) 878-8787
  • 615 Peace St Subdivision, 2A + Mezzanine Floorplan

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$96,777

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$318 per month

Parking

1

Listing Details

  • Builder Model: 2A + Mezzanine
  • Year Built: 2024
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Storm Water Maintenance, Trash, Water
  • Co List Office Mls Id: 75688
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: 615 Peace St
  • Above Grade Finished Sq Ft: 1239.0
  • Architectural Style: Contemporary, Modern, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Effective Year Built: 2024
  • General Property Information Lot Size Dimensions: 0
  • 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 Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2024-06-28
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-878-8787
  • Levels One and One Half: Yes
  • Architectural Style Contemporary: Yes
  • Architectural Style Modernist: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 317.83
  • Utilities Water Connected: Yes
  • Common Walls No One Above: Yes
  • General Property Information Above Grade Finished Area: 1239.0
  • General Property Information Carport YN: No
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Property Condition New Construction: Yes
  • General Property Information Builder Model: 2A + Mezzanine
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Renovated: 2024

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Living/Dining Room Combination, Primary Downstairs, Quartz Counters, Shower Only, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Electric Water Heater, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Roof: Other
  • Common Walls: 2+ Common Walls, No One Above
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Accessibility Features:Accessible WasherDryer: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes
  • Accessibility Features:Accessible Elevator Installed: Yes
  • View:City3: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking: No
  • Parking Features: Assigned, On Site
  • Total Parking Spaces: 1.0
  • Parking Features:Assigned: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:On Site: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 317.83
  • Association Fee Frequency: Monthly
  • Association Name: Peace St Condos
  • Phone: 919-878-8787
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Peace St Condos
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 317.83
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 0
  • Parcel #: 1704422076

Green Features

  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Wiley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
615 Peace St Llc
Bought by
Prime Asset Management Llc
Total Days on Market
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$326,641
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$204,359

Purchase Details

Closed on
Jun 24, 2024
Sold by
615 Peace St Llc
Bought by
Ohara Living Trust and Woodlicf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$326,641
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$204,359

Purchase Details

Closed on
Jun 13, 2024
Sold by
615 Peace St Llc
Bought by
Tangirala Ravi Kiran and Tangirala Nagalakshmi Sailaja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$326,641
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$204,359

Purchase Details

Closed on
May 30, 2024
Sold by
615 Peace St Llc
Bought by
Fields Christine C and Neal Jake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$326,641
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$204,359

Purchase Details

Closed on
May 28, 2024
Sold by
615 Peace St Llc
Bought by
Sparling Margaret Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$326,641
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$204,359

Purchase Details

Closed on
May 20, 2024
Sold by
615 Peace St Llc
Bought by
Williams Thomas Miles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$326,641
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$204,359

Purchase Details

Closed on
May 16, 2024
Sold by
615 Peace St Llc
Bought by
615 Peace St Llc and Patel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$326,641
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$204,359

Purchase Details

Closed on
Oct 28, 2019
Sold by
Lock 7 Development Llc
Bought by
615 Peace St Llc

Purchase Details

Closed on
Oct 21, 2019
Sold by
City Of Raleigh
Bought by
Lock 7 Development Llc

Purchase Details

Closed on
Nov 30, 2016
Sold by
Kck Vitkabd Avebt
Bought by
Avivar Investm Llc

Purchase Details

Closed on
Nov 7, 2007
Sold by
Sheffield Barry Properties Llc
Bought by
Boylan Avenue Management Llc

Purchase Details

Closed on
Dec 7, 2001
Sold by
City Of Raleigh
Bought by
Fields Richard B and Kanoy Elizabeth F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Sold $615,000 -1.6% $496 / Sq Ft
06/21/2025 06/21/25 Pending -- -- --
03/24/2025 03/24/25 Price Changed $625,000 -1.6% $504 / Sq Ft
02/20/2025 02/20/25 For Sale $634,900 -- $512 / 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
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

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10077595

Doorify MLS

APN: 1704.18-42-2076-000