$1,395,000
NEW CONSTRUCTION $50K PRICE DROP

Estimated payment $9,664/month

Total Views 5,365
4 Beds
3.5 Baths
2,833 Sq Ft
$492 Price per Sq Ft

Highlights

  • New Construction
  • Solar Power System
  • Open Floorplan
  • Conn Elementary Rated A-
  • Downtown View
  • 3-minute walk to Lenoir Street Park

About This Home

NEW Construction, One of only two End Units, unique and Eco-friendly, energy efficient, sustainable & Modernist Downtown Raleigh condos that live like townhomes! This Net-Zero-Ready home was designed by award-winning architects with attention to every detail! Open-Concept Main Floor with views of Downtown Raleigh's Shimmer Wall, Downtown's Skyline as well as views of Boylan Heights from the luxurious, oversized, Rooftop Deck! Kitchen, Bathroom & Wet Bar Cabinets by Cabico Luxury Cabinets & all have Quartz Countertops. Pantry in Kitchen, Appliances are Bosch 800 Series Energy Star Certified Fridge, An Asko 40 Series Energy Star Certified Dishwasher - Ultra Quiet 42db, Monogram 36'' Professional Range with 6 Burners, Zephyr 600CFM Chimney Hood in Stainless Steel, & Drawer style Sharp Microwave in the Kitchen Island! North American White Oak Hardwood Floors, Solid and SITE FINISHED and SELECT GRADE with Ultra low VOC flooring finish by Bona. Custom Window Sills in Hardwood Species to match flooring at all windows (except tile used in ground floor shower window). Wet bar in Living Room with Floating Shelves. Energy Efficiency features include a 15 SEER Heat Pump, Upgraded 21 Bi-facial Solar Panels!!! EV charger prewired in garage plus pre-wire for a second EV charger outside (outside will require additional circuit for circuit breaker to use). All exterior doors and windows feature low-E glass for additional Energy Efficiency. Exterior Walls are 6'' Studs instead of typical 4'' for additional insulation & energy efficiency, Rheem High efficiency Tankless Water Heater, & Eco Bee Thermostat. Ground Floor Features Polished Concrete Floors. Emtek Door Hardware, Solid Brass Construction with Satin Nickel Finish. Architectural Garage Door CHI 3295 Full View Aluminum with Powder Coat Finish and Tinted Glass with Liftmaster 8450SR Secure View Ultra Quiet Belt Drive Smart Opener with Camera and Dual LED lighting. Garage Floors with High-End Epoxy Coated Floor with Vendor Warranty. Pre-wired CAT6 data wiring, Pre-wired for in-ceiling speakers. Closets with Custom Baltic Birch Shelving & Solid Hard maple Rods supported with Satin Nickel Hardware. Solid Core Interior Doors, Custom Fabricated Mailboxes, Roof Deck with both city View (including spectacular view of the art wall on the side of the convention center) and also a tranquil tree top view towards Boylan Heights. Walkable to downtown Raleigh dining, shopping, and everything DT Raleigh has to offer!

Listing Agent

Eddie Alie

Allen Tate/Raleigh-Glenwood License #252708

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1 Common Wall

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway
  • 1 Open Parking Space

Property Views

  • Downtown
  • Woods
  • Garden

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Modernist Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,833 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Data
  • Built-In Features
  • Smooth Ceilings
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Dining Room
  • Smart Thermostat

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Accessible Home Design

  • Central Living Area
  • Smart Technology

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Solar Power System

Outdoor Features

  • Balcony
  • Patio
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1703466493

Community Details

Overview

  • Association fees include ground maintenance
  • 515 West Lenoir Owners Association, Inc. Association, Phone Number (919) 805-0221
  • Maintained Community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Year Built: 2023
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2833.0
  • Architectural Style: Contemporary, Modern, Transitional
  • Garage Yn: Yes
  • Unit Levels: Three Or More, Tri-Level
  • New Construction: Yes
  • Efficiency: Appliances, Construction, Doors, HVAC, Insulation, Lighting, Water Heater, Windows
  • Green Power: Solar
  • Effective Year Built: 2023
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2024-10-26
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: First
  • Room Types Bedroom 3 Level: Third
  • Room Types Bedroom 4 Level: Third
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Third
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: (919)805-0221
  • Levels Three Or More: Yes
  • Architectural Style Contemporary: Yes
  • Architectural Style Modernist: Yes
  • Levels Tri-Level: Yes
  • General Property Information Enhanced Accessible2: No
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • General Property Information Monthly Association Fees2: 300.0
  • Utilities Water Connected: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 2833.0
  • Flooring Concrete3: Yes
  • Room Types Primary Bathroom Level: Third
  • Laundry Features Washer Hookup: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Available: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Laundry2: Yes
  • Laundry Features Inside: Yes
  • Utilities Natural Gas Connected: Yes
  • View TreesWoods: Yes
  • View Garden3: Yes
  • Property Condition New Construction: Yes
  • View Downtown: Yes
  • General Property Information Stories2: 3
  • View Skyline: Yes
  • Special Features: 4098
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2023

Interior Features

  • Flooring: Concrete, Hardwood, Other
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Smart Thermostat, Smooth Ceilings, Walk-In Shower, Wet Bar, Wired for Data
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Free-Standing Gas Range, Gas Range, Microwave, Range, Range Hood, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 13
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Gas Range: Yes
  • Appliances Range: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Community Features:Sidewalks: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Smart Thermostat: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Interior Features:Wired for Data: Yes
  • Appliances:ENERGY STAR Qualified Dishwasher: Yes
  • Appliances:ENERGY STAR Qualified Refrigerator: Yes

Exterior Features

  • Roof: Flat
  • Exterior Features: Balcony
  • Disclosures: Seller Disclosure
  • Common Walls: 1 Common Wall
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Patio
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Balcony: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Accessibility Features:Central Living Area: Yes
  • Window Features:Low Emissivity Windows: Yes
  • View:City3: Yes
  • ConstructionSiding:Roof Flat: Yes
  • Accessibility Features:Smart Technology: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Attached, Concrete, Direct Access, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Total Parking Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Direct Access: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association Name: 515 West Lenoir Owners Association, Inc.
  • Phone: 919-805-0221
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: 515 West Lenoir Owners Association, Inc.
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Management: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 300.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel #: 1703466493

Green Features

  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Insulation: Yes
  • Green Energy Efficient:Appliances: Yes
  • Green Energy Efficient:HVAC: Yes
  • Green Energy Efficient:Water Heater2: Yes
  • Green Energy Efficient:Windows: Yes
  • Green Energy Generation:Solar: Yes
  • Green Energy Efficient:Doors: Yes
  • Green Energy Efficient:Construction: Yes

Tax Info

  • Tax Annual Amount: 1088076.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake County Schools

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 $18,940 $2,176,151 $350,000 $1,826,151
2023 $3,462 $317,600 $225,000 $92,600
2022 $2,278 $225,000 $225,000 $0
2021 $2,587 $263,847 $225,000 $38,847
2020 $2,540 $263,847 $225,000 $38,847
2019 $1,315 $111,732 $85,000 $26,732
2018 $1,241 $111,732 $85,000 $26,732
2017 $1,182 $111,732 $85,000 $26,732
2016 $1,158 $111,732 $85,000 $26,732
2015 $547 $50,861 $20,580 $30,281
2014 $519 $50,861 $20,580 $30,281
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Price Changed $1,395,000 -3.5% $492 / Sq Ft
09/28/2024 09/28/24 For Sale $1,445,000 -- $510 / Sq Ft
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $340,000 None Listed On Document
Warranty Deed $58,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $56,260 No Value Available
Source: Public Records

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Source: Doorify MLS

MLS Number: 10055322

Doorify MLS

APN: 1703.10-46-6493-000