$499,900
NEW CONSTRUCTION $30K PRICE DROP

208 Martin Luther King jr Blvd Raleigh, NC 27601

South Park Neighborhood

Estimated payment $3,089/month

Total Views 2,648
3 Beds
3 Baths
1,567 Sq Ft
$319 Price per Sq Ft

Highlights

  • New Construction
  • Open Floorplan
  • Wood Flooring
  • Joyner Elementary School Rated A-
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

Location! Location! Immerse yourself in the vibrancy of modern urban living at this newly constructed townhome style condo, boasting unparalleled views of Downtown Raleigh! Enjoy the convenience of city life with shops and entertainment within a very short distance. This contemporary 3-bedroom, 3-Full bath home is designed for seamless living, combining the comfort of a townhome with an open-concept layout and elegant finishes. Commuting coudln't be easier with a public transportation stop just steps away! LVP flooring runs seamlessly through the home, adding to its sleek appeal. The main level primary suite offers a walk-in closet, it's own private covered patio, an ensuite with dual vanity, and a black tile walk-in shower. An additional downstairs bedroom includes its own walk-in closet and ensuite bath with a patterned tile shower.The second floor welcomes you to the main living area boasting a gourmet kitchen with quartz countertops, stainless steel appliances, and an open living room perfect for entertaining with a balcony facing the beautiful Raleigh skyline! The second floor also features an additional bedroom with ensuite bath, a walk-in closet and a private covered balcony. The rooftop terrace is the perfect spot to relax or entertain and offers breathtaking Downtown views. Don't miss this incredible opportunity to own a modern retreat in the heart of Raleigh!

Listing Agent

Ida Terbet

Coldwell Banker HPW License #101494

Coldwell Banker HPW

Co-Listing Agent

Michael Terbet

Coldwell Banker HPW License #248722

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $397

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 3,485 Sq Ft Lot
  • No Units Located Below
  • No Unit Above or Below
  • 1 Common Wall
  • Wood Fence
  • Private Yard

HOA Fees

  • $266 Monthly HOA Fees

Home Design

  • Duplex
  • Home is estimated to be completed on 3/21/25
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Stone Veneer

Interior Spaces

  • 1,567 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • Private Driveway
  • 2 Open Parking Spaces

Schools

  • Joyner Elementary School
  • Moore Square Museum Middle School
  • Broughton High School

Additional Features

  • Covered patio or porch
  • Central Heating and Cooling System

Community Details

  • Association fees include ground maintenance, maintenance structure
  • 208/210 Mlk Condominium Owner's Association Inc. Association, Phone Number (608) 385-3420
  • Built by Smithers Equity Group LLC

Listing and Financial Details

  • Assessor Parcel Number 1703758065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$397

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$266 per month

Listing Details

  • Builder Name: Smithers Equity Group LLC
  • Year Built: 2024
  • Prop. Type: Residential
  • Horses: No
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Co List Office Mls Id: 3198
  • Co List Office Phone: 919-876-8824
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1567.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Tri-Level, Two
  • New Construction: Yes
  • Effective Year Built: 2024
  • General Property Information Lot Size Dimensions: See Plat Map
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2025-03-21
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Second
  • Room Types Primary Bedroom Level: Main
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • General Property Information Association Phone: 6083853420
  • General Property Information Senior Community YN: No
  • Laundry Features Laundry Closet: Yes
  • Architectural Style Contemporary: Yes
  • Fencing Privacy: Yes
  • Levels Tri-Level: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • General Property Information Monthly Association Fees2: 22.17
  • General Property Information Spa YN: No
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • General Property Information Above Grade Finished Area: 1567.0
  • Laundry Features Washer Hookup: Yes
  • Fencing Wood2: Yes
  • Property Condition New Construction: Yes
  • Structure Type Duplex: Yes
  • General Property Information Lot Size Square Feet2: 3485.0
  • General Property Information Lot Size Acres: 0.08
  • General Property Information Stories2: 2
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Renovated: 2024

Interior Features

  • Flooring: Luxury Vinyl, Wood
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Kitchen Island, Open Floorplan, Quartz Counters, Recessed Lighting, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Private Spa: No
  • Appliances: Gas Range, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Gas Range: Yes
  • Community Features:None3: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Recessed Lighting: Yes

Exterior Features

  • Roof: Other
  • Exterior Features: Private Yard
  • Fencing: Privacy, Wood
  • Acres: 0.08
  • Home Warranty: No
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Construction Type: Fiber Cement, Stone Veneer
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone Veneer: Yes
  • Exterior Features:Private Yard: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:City Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 2.0
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association Fee: 266.0
  • Association Fee Frequency: Monthly
  • Association Name: 208/210 MLK Condominium Owner's Association Inc.
  • Phone: 608-385-3420
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: 208/210 MLK Condominium Owner's Association Inc.
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 266.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Moore Square Museum

Lot Info

  • Zoning: R-10
  • Lot Dimensions: See Plat Map
  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1703758065
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 397.49
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Joyner

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,887 $923,051 $195,000 $728,051
2023 $1,240 $113,750 $113,750 $0
2022 $1,152 $113,750 $113,750 $0
2021 $1,107 $113,750 $113,750 $0
2020 $1,087 $113,750 $113,750 $0
2019 $377 $32,500 $32,500 $0
2018 $355 $32,500 $32,500 $0
2017 $338 $32,500 $32,500 $0
2016 $331 $32,500 $32,500 $0
2015 $199 $19,200 $19,200 $0
2014 $189 $19,200 $19,200 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Price Changed $499,900 -5.7% $319 / Sq Ft
03/26/2025 03/26/25 For Sale $529,900 -- $338 / Sq Ft
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $142,000 --
Warranty Deed $110,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,500 New Conventional
Source: Public Records

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Source: Doorify MLS

MLS Number: 10084029

Doorify MLS

APN: 1703.51-75-8065-000