NOT LISTED FOR SALE

720 Bishops Park Dr Unit 306 Raleigh, NC 27605

Brooklyn Neighborhood

Estimated Value: $371,000 - $425,000

2 Beds
2 Baths
1,145 Sq Ft
$274/mo HOA Fee

Last Sold August 05, 2021

Last sale price $340,000 $297 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,674/month

3 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Community Pool
  • Wiley Elementary Rated A-
  • 1 Fireplace
  • 1-Story Property

About This Home

As of August 2021

BISHOPS PARK PENTHOUSE!!! Open floor plan. White cabinets/granite counter tops/stainless steel refrigerator & range. LR - opens to sun room/lots of natural lighting/12' ceiling/ fireplace. MBR - cathedral ceiling/dressing area/big walk-in closet. Baths - ceramic. Laundry/utility - walk-in/lots of shelving/storage. Washer/dryer conveys "as is". Minutes to The Village District and Downtown. Enjoy community pool & Fletcher Park. No Elevator. Tenants in place with lease until 5/22 for $1750 per month.

Last Agent to Sell the Property

Annie Meadows

Hudson Residential Brokerage License #260452 Listed on: 06/15/2021

Last Buyer's Agent

Austin Wood

Atmos Realty LLC License #285957

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,739

Year Built

  • Built in 1983

Lot Details

  • 2.58

HOA Fees

  • $274 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Masonite

Interior Spaces

  • 1,145 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Driveway
  • Parking Lot

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include sewer, water
  • York Association
  • Bishops Park Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,739

Year Built

Built in 1983

Lot Details

0

HOA Fees

$274 per month

Listing Details

  • Year Built: 1983
  • Prop. Type: Residential
  • Reso Association Fee Includes: Sewer, Water
  • Subdivision Name: Bishops Park
  • Above Grade Finished Sq Ft: 1145.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • 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: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Wood: Yes
  • General Property Information Above Grade Finished Area: 1145.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Wood
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Construction Type: Masonite
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway, Parking Lot
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 273.77
  • Association Fee Frequency: Monthly
  • Association Name: York
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: York
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 273.77
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 2739.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 5, 2021
Sold by
Johnsen Melissa Eilers
Bought by
Yu Robinson Cynthia
Seller's Agent
Annie Meadows
Hudson Residential Brokerage
Buyer's Agent
Austin Wood
Atmos Realty LLC
List Price
$335,000
Sold Price
$340,000
Premium/Discount to List
$5,000
1.49%
Current Estimated Value
$398,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,010
Avg. Annual Appreciation
3.94%
Original Mortgage
$272,000
Outstanding Balance
$248,227
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$149,783

Purchase Details

Closed on
Oct 11, 2019
Sold by
Landmark Investment Prop Of Raleigh Llc
Bought by
Johnsen Melissa Eilers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2011
Sold by
Foy Elinor J and Foy Charles
Bought by
Wellons Elmer J

Purchase Details

Closed on
Dec 29, 2005
Sold by
Johnsey C Gray and Johnsey Elizabeth Z
Bought by
Johnsey Elinor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 27, 2005
Sold by
Saunders Linda
Bought by
Johnsey C Gray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 6, 2001
Sold by
Simmons Mattie A
Bought by
Saunders Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.11%
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
Yu Robinson Cynthia $340,000 None Available
Yu-Robinson Cynthia $340,000 None Listed On Document
Johnsen Melissa Eilers $285,000 None Available
Wellons Elmer J $175,000 None Available
Johnsey Elinor M $175,000 None Available
Johnsey C Gray $175,000 --
Saunders Linda -- --
Saunders Linda $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu-Robinson Cynthia $272,000
Closed Yu-Robinson Cynthia $272,000
Previous Owner Johnsen Melissa Eilers $228,000
Previous Owner Johnsey Elinor M $172,000
Previous Owner Johnsey Elinor M $140,000
Previous Owner Johnsey C Gray $157,500
Previous Owner Saunders Linda $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $340,000 -- --
08/05/2021 08/05/21 Sold $340,000 +1.5% $297 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $335,000 -- $293 / 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 $2,977 $340,483 $0 $340,483
2023 $3,138 $284,712 $0 $284,712
2022 $2,916 $284,712 $0 $284,712
2021 $2,790 $284,712 $0 $284,712
2020 $2,459 $284,712 $0 $284,712
2019 $2,373 $222,716 $0 $222,716
2018 $2,238 $222,716 $0 $222,716
2017 $2,132 $222,716 $0 $222,716
2016 $2,289 $222,716 $0 $222,716
2015 $1,995 $190,726 $0 $190,726
2014 -- $190,726 $0 $190,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2389664

Doorify MLS

APN: 1704.14-44-6017-000