$516,274 - $678,000
RENTED SEP 25, 2024

The Paramount 618 N Boylan Ave Unit 1012 Raleigh, NC 27603

Hillsborough Neighborhood
2 Beds
2 Baths
1,242 Sq Ft
2005 Built

Last Sold November 07, 2022

Last sale price $563,500 $454 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,716/month

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Granite Countertops
  • Wiley Elementary Rated A-
  • Outdoor Kitchen
  • Community Pool

About This Home

As of September 2024

This is a gorgeous top floor unit of the Paramount Building. The unit has 2 bedrooms and 2 full baths. One with walk in shower the other with tub/shower. The condo has 11.5ft vaulted ceilings in the main living area and 10.5ft ceilings in each bedroom. The kitchen has granite countertops and black and stainless appliances. There are engineered hardwoods throughout. A balcony overlooks the pool and Glenwood South with high deck furniture and umbrella included. Two assigned parking places in garage. Locked storage unit in the building. There is a community room kitchen, pool table, entertaining area, large pool deck with grills and an exercise room. Water included. Call Bo Winn at 919-614-4533 for appointment.

Last Agent to Rent the Property

Bo Winn

TradeMark Residential License #229382 Listed on: 05/09/2024

Last Renter's Agent

Bo Winn

Capital Investments Realty, LL

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,151

Year Built

  • Built in 2005

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 1,242 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Living Room
  • Storage

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer Hookup

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Additional Features

  • Outdoor Kitchen
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,285
  • Property Available on 5/3/24
  • Tenant pays for cable TV, electricity, sewer
  • The owner pays for association fees, hot water, water
  • 12 Month Lease Term
  • Assessor Parcel Number 1704.18-41-2869 0400430

Community Details

Overview

  • Property has a Home Owners Association
  • Paramount Subdivision

Recreation

Pet Policy

  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,151

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Hot Water, Water
  • Available Date: 2024-05-03

Listing Details

  • Year Built: 2005
  • Prop. Type: Residential Lease
  • Subdivision Name: Paramount
  • Above Grade Finished Sq Ft: 1242.0
  • Unit Levels: One
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2024-05-03
  • Contract Information Security Deposit2: 2285.0
  • General Property Information Above Grade Finished Area: 1242.0
  • Laundry Features Washer Hookup: Yes
  • Room Types Laundry2: Yes
  • Pets Allowed Yes2: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Interior Amenities: Double Vanity, Elevator, Granite Counters, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Electric Oven: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Exterior Features: Outdoor Kitchen
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Outdoor Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • HOA Rent Includes: Water
  • Association: Yes

Association/Amenities

  • Owner Pays:Association Fees: Yes
  • General Property Information:Association YN: Yes

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Parcel #: 1704.18-41-2869 0400430

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Nov 7, 2022
Sold by
Wright Joel Craig and Wright Megan
Bought by
Coltrain Keith Eldon and Coltrain Jennifer D
Seller's Agent
colleen cerniglia
Sheridan South Real Estate
Buyer's Agent
Bo Winn
TradeMark Residential
List Price
$598,880
Sold Price
$563,500
Premium/Discount to List
-$35,380
-5.91%
Views
5
Current Estimated Value
$595,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,819
Avg. Annual Appreciation
2.02%
Original Mortgage
$313,500
Outstanding Balance
$303,979
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$291,340

Purchase Details

Closed on
Mar 4, 2016
Sold by
Dunbar Daniel B and Dunbar Elizabeth V
Bought by
Wright Joel Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 2, 2006
Sold by
Paramount Partners Llc
Bought by
Dunbar Daniel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Coltrain Keith Eldon $563,500 --
Wright Joel Craig $420,000 None Available
Dunbar Daniel B $392,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coltrain Keith Eldon $313,500
Previous Owner Wright Joel Craig $261,500
Previous Owner Wright Joel Craig $336,000
Previous Owner Dunbar Daniel B $313,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Rented $2,285 0.0% --
08/01/2024 08/01/24 Price Changed $2,285 -12.1% $2 / Sq Ft
05/30/2024 05/30/24 Price Changed $2,600 -8.8% $2 / Sq Ft
05/09/2024 05/09/24 For Rent $2,850 0.0% --
12/15/2023 12/15/23 Off Market $563,500 -- --
11/07/2022 11/07/22 Sold $563,500 -2.0% $447 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
08/30/2022 08/30/22 Price Changed $575,000 -4.0% $456 / Sq Ft
08/09/2022 08/09/22 For Sale $598,880 -- $475 / 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 $5,151 $547,920 $0 $547,920
2023 $5,584 $476,108 $0 $476,108
2022 $4,020 $476,108 $0 $476,108
2021 $4,862 $476,108 $0 $476,108
2020 $4,777 $476,108 $0 $476,108
2019 $4,620 $376,498 $0 $376,498
2018 $4,370 $376,498 $0 $376,498
2017 $4,174 $376,498 $0 $376,498
2016 $4,093 $376,498 $0 $376,498
2015 $4,379 $391,243 $0 $391,243
2014 $4,169 $391,243 $0 $391,243
Source: Public Records

Agents Affiliated with this Home

  • Bo Winn

    Landlord's Agent in 2024

    Bo Winn

    TradeMark Residential

    (919) 614-4533

    1 in this area

    43 Total Sales

    Section Image

  • c

    Seller's Agent in 2022

    colleen cerniglia

    Sheridan South Real Estate

    (919) 604-4709

    4 in this area

    26 Total Sales

    Section Image
  • Dana Ellington

    Seller Co-Listing Agent in 2022

    Dana Ellington

    Compass -- Raleigh

    (919) 622-5051

    2 in this area

    395 Total Sales

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About The Paramount

Map

Source: Doorify MLS

MLS Number: 10028128

Doorify MLS

APN: 1704.18-41-2869-075

North Carolina Wake County Raleigh 27603 Hillsborough

618 N Boylan Ave Unit 1012, Raleigh, NC

This home is located at 618 N Boylan Ave Unit 1012, Raleigh, NC 27603 since 09 May 2024 and is currently priced at $595,319. This property was built in 2005. 618 N Boylan Ave Unit 1012 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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