$261,000
SOLD MAY 26, 2021 RENTED OCT 14, 2024

720 N Person St Unit 206 Raleigh, NC 27604

Mordecai Neighborhood
1 Bed
1.5 Baths
763 Sq Ft
$220/mo HOA Fee

Recently Sold

$342 Per Sq Ft

9% Above List Price

4 Days on Market

Highlights

  • Transitional Architecture
  • Main Floor Primary Bedroom
  • Quartz Countertops
  • Conn Elementary Rated A-
  • Great Room
  • 4-minute walk to Oakwood Commons Park

About This Home

As of May 2021

Stunning and NEWLY RENOVATED 1 bedroom downtown Raleigh condo. Kitchen with new stainless steel appliances, new quartz countertops and backsplash. New LVP flooring throughout the living areas and Kitchen. Tile flooring in primary suite bath. Spacious balcony with city view.

Last Agent to Sell the Property

Norm Johnson

NorthGroup Real Estate, Inc. License #283560 Listed on: 05/06/2021

Last Buyer's Agent

Deb McCutcheon

RE/MAX EXECUTIVE License #188581

RE/MAX EXECUTIVE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1998

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Transitional Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 763 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring
  • Laundry closet

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Bathtub with Shower

Outdoor Features

  • Covered Patio or Porch

Schools

  • Conn Elementary School
  • Wake County Schools Middle School
  • Broughton High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include sewer, storm water maintenance, water
  • Governors Square Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,311

Year Built

Built in 1998

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Reso Association Fee Includes: Sewer, Storm Water Maintenance, Water
  • Subdivision Name: Governors Square
  • Above Grade Finished Sq Ft: 763.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Entry Level: 2
  • 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: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Interior Features LivingDining Room Combination: Yes
  • Room Types Great Room2: Yes
  • Room Types Living Room2: Yes
  • Laundry Features Laundry Closet: Yes
  • General Property Information Above Grade Finished Area: 763.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Living/Dining Room Combination, Primary Downstairs, Quartz Counters, Smooth Ceilings
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: 2nd Floor
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Primary Downstairs: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Construction Type: Brick
  • Patio And Porch Features: Covered, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 220.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 2311.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Conn

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
$374,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,388
Avg. Annual Appreciation
8.73%

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
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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 Type Sale Price Title Company
Warranty Deed $261,000 None Available
Warranty Deed $261,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $115,000 --
Warranty Deed $107,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $186,000 New Conventional
Previous Owner $91,600 Purchase Money Mortgage
Previous Owner $92,000 Unknown
Previous Owner $109,053 No Value Available
Closed $22,900 No Value Available
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
2025 $2,971 $338,401 -- $338,401
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: 2382120

Doorify MLS

APN: 1704.20-82-5488-038