$346,592 - $372,000
RENTED OCT 14, 2024

720 N Person St Unit 206 Raleigh, NC 27604

Mordecai Neighborhood
1 Bed
1.5 Baths
763 Sq Ft
1998 Built

Last Sold May 26, 2021

Last sale price $261,000 $342 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,205/month

Highlights

  • Quartz Countertops
  • Balcony
  • Living Room
  • Conn Elementary Rated A-
  • Walk-In Closet
  • 4-minute walk to Oakwood Commons Park

About This Home

As of October 2024

Available 10/14! Stunning 1BR/1.5BA Condo in Governor's Square! Home Features An Open Living Area That Is Great For Entertaining! Luxury Vinyl Plank Flooring Throughout The Entire Unit! Stainless Steel Appliances, Updated Quartz Countertops, And Updated Cabinets In The Kitchen! Spacious Bedroom! Cozy Covered Balcony w/ A Gorgeous View! Prime Downtown Location! Walking Distance to Local Shops & Eateries! *No Cats, Dogs Negotiable*

Last Agent to Rent the Property

Spencer Southern

Lisa Southern Real Estate License #276712 Listed on: 09/09/2024

Last Renter's Agent

Spencer Southern

Compass -- Raleigh

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,189

Year Built

  • Built in 1998

Parking

  • Assigned Parking

Interior Spaces

  • 763 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Washer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Security Deposit $1,600
  • Property Available on 10/14/24
  • Tenant pays for cable TV, water
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Governors Square Subdivision

Pet Policy

  • Dogs Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,189

Year Built

Built in 1998

Lot Details

0

Rental Info

  • Tenant Pays: Cable TV, Water, Other
  • Lease Term: 12 Months
  • Available Date: 2024-10-14

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential Lease
  • Subdivision Name: Governors Square
  • Above Grade Finished Sq Ft: 763.0
  • Unit Levels: One
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Room Types Dining Room2: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2024-10-14
  • Contract Information Security Deposit2: 1600.0
  • General Property Information Above Grade Finished Area: 763.0
  • Pets Allowed Dogs OK: Yes
  • Laundry Features Washer Hookup: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Quartz Counters, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Exterior Features: Balcony
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
May 26, 2021
Sold by
Ure Jay A and Ure Bethany L
Bought by
Akman Pervin Ozge Kaplan and Akman Mustafa Baha
Seller's Agent
Norm Johnson
NorthGroup Real Estate, Inc.
Buyer's Agent
Deb McCutcheon
RE/MAX EXECUTIVE
List Price
$240,000
Sold Price
$261,000
Premium/Discount to List
$21,000
8.75%
Current Estimated Value
$351,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,032
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Jun 11, 2019
Sold by
Ure Jay A and Ure Bethany L
Bought by
Ure Jay A and Ure Bethany L

Purchase Details

Closed on
Nov 29, 2004
Sold by
Weitz David Andrew
Bought by
Ure Jay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,600
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2000
Sold by
Eire Llc
Bought by
Weitz David Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,053
Interest Rate
8.11%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Akman Pervin Ozge Kaplan $261,000 None Available
Ure Jay A -- None Available
Ure Jay A $115,000 --
Weitz David Andrew $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akman Mustafa Baha $186,000
Previous Owner Ure Jay A $91,600
Previous Owner Weitz David A $92,000
Previous Owner Weitz David Andrew $109,053
Closed Ure Jay A $22,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2024 10/14/24 Rented $1,600 0.0% --
09/20/2024 09/20/24 Under Contract -- -- --
09/09/2024 09/09/24 For Rent $1,600 0.0% --
12/15/2023 12/15/23 Off Market $261,000 -- --
05/26/2021 05/26/21 Sold $261,000 +8.8% $342 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $240,000 -- $315 / 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 $3,189 $338,401 $0 $338,401
2023 $2,635 $239,880 $0 $239,880
2022 $2,449 $239,880 $0 $239,880
2021 $2,354 $239,880 $0 $239,880
2020 $2,311 $239,880 $0 $239,880
2019 $1,799 $153,498 $0 $153,498
2018 $1,697 $153,498 $0 $153,498
2017 $1,617 $153,498 $0 $153,498
2016 $1,584 $153,498 $0 $153,498
2015 $1,480 $140,955 $0 $140,955
2014 $1,404 $140,955 $0 $140,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10051492

Doorify MLS

APN: 1704.20-82-5488-038