NOT LISTED FOR SALE

720 N Person St Unit 302 Raleigh, NC 27604

Mordecai Neighborhood

Estimated Value: $349,000 - $425,000

2 Beds
1.5 Baths
980 Sq Ft
$245/mo HOA Fee

Last Sold May 12, 2023

Last sale price $375,000 $383 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,643/month

5 Days on Market

Highlights

  • Ranch Style House
  • End Unit
  • Covered Patio or Porch
  • Conn Elementary Rated A-
  • High Ceiling
  • 4-minute walk to Oakwood Commons Park

About This Home

As of May 2023

Penthouse Living! Lots of light enters this end Corner unit 3rd floor condo*2 Bedrooms/1.5 bath*Downtown Raleigh living with excellent walking locales to restaurants/coffee shops/Yellow Dog Bakery or Grab a Krispy Kreme 'HOT NOW" Doughnut*New Interior paint*New Carpet in the Bedrooms*New Roof 2021 by the HOA*2 parking passes*Walk/Bike or rent a Scooter*

Last Agent to Sell the Property

Jeanna Reeves

Northside Realty Inc. License #142170 Listed on: 03/31/2023

Northside Realty Inc.

Last Buyer's Agent

Arielle White

Compass -- Raleigh License #298592

Compass -- Raleigh

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,713

Year Built

  • Built in 1998

Lot Details

  • End Unit
  • Landscaped with Trees

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Ranch Style House
  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Masonite

Interior Spaces

  • 980 Sq Ft Home
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Utility Room

Kitchen

  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Home Security

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Conn Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, road maintenance, trash, water
  • 12 Units
  • Governors Square HOA
  • Casnc Association
  • Governors Square Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,713

Year Built

Built in 1998

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Road Maintenance, Trash, Water
  • Subdivision Name: Governors Square
  • Above Grade Finished Sq Ft: 980.0
  • Architectural Style: Ranch, 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: No
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Common Walls End Unit: Yes
  • General Property Information Association Name 2: CASNC
  • Flooring Slate: Yes
  • General Property Information Above Grade Finished Area: 980.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Ceramic Tile, Slate
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, High Ceilings, Kitchen/Dining Room Combination, Primary Downstairs, Smooth Ceilings, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Exterior Features: Balcony, Rain Gutters
  • Common Walls: End Unit
  • Construction Type: Brick, Masonite
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Masonite: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air, Electric
  • 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: 245.0
  • Association Fee Frequency: Monthly
  • Association: CASNC
  • Association Name: Governors Square HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Governors Square HOA
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 245.0
  • 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

Tax Info

  • Tax Annual Amount: 2713.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 12

MLS Schools

  • Elementary School: Wake - Conn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 5, 2023
Sold by
Smith Rosanne Sharon and Smith Kenneth Ryan
Bought by
Bayne Kaitlynn V
Seller's Agent
Jeanna Reeves
Northside Realty Inc.
Buyer's Agent
Arielle White
Compass -- Raleigh
List Price
$364,900
Sold Price
$375,000
Premium/Discount to List
$10,100
2.77%
Views
14
Current Estimated Value
$389,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,931
Avg. Annual Appreciation
1.70%
Original Mortgage
$337,500
Outstanding Balance
$328,276
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$61,655

Purchase Details

Closed on
Dec 7, 2018
Sold by
Chase Jonathan O and Chase Rachel C
Bought by
Smith Rosanne Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 2, 2009
Sold by
Cole Laura R and Cole Robert David
Bought by
Curtice Andrew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2005
Sold by
Daniels Ann Kathryn and Daniels Michael Alan
Bought by
Cole Robert David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,550
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 1998
Sold by
Rene Langford Inc
Bought by
Hicks Ann Kathryn
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
Bayne Kaitlynn V $375,000 None Listed On Document
Bayne Kaitlynn V $375,000 None Listed On Document
Smith Rosanne Sharon $257,000 None Available
Smith Rosanne Sharon $257,000 None Listed On Document
Curtice Andrew C $161,000 None Available
Cole Robert David $149,000 --
Hicks Ann Kathryn $116,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayne Kaitlynn V $337,500
Closed Bayne Kaitlynn V $337,500
Previous Owner Smith Rosanne Sharon $205,600
Previous Owner Smith Rosanne Sharon $205,000
Previous Owner Curtice Andrew C $161,000
Previous Owner Cole Robert David $141,550
Previous Owner Hicks Ann Kathryn $15,000
Previous Owner Hicks Ann Kathryn $13,376
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $375,000 -- --
05/12/2023 05/12/23 Sold $375,000 +2.8% $383 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $364,900 -- $372 / 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 $3,482 $369,712 $0 $369,712
2023 $2,918 $265,916 $0 $265,916
2022 $2,712 $265,916 $0 $265,916
2021 $2,607 $265,916 $0 $265,916
2020 $2,560 $265,916 $0 $265,916
2019 $1,989 $169,884 $0 $169,884
2018 $1,876 $169,884 $0 $169,884
2017 $1,787 $169,884 $0 $169,884
2016 $1,751 $169,884 $0 $169,884
2015 $1,662 $158,533 $0 $158,533
2014 $1,576 $158,533 $0 $158,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2502457

Doorify MLS

APN: 1704.20-82-5488-042