NOT LISTED FOR SALE

615 W Peace St Unit 308 Raleigh, NC 27605

Hillsborough Neighborhood

Estimated Value: $481,000 - $571,000

2 Beds
2 Baths
974 Sq Ft
$549/Sq Ft Est. Value

About This Home

Prioritize your proximity at 615 Peace, where modern, maintenance-free living meets the vibrancy of DTR's Glenwood South. Plus, most modern condos here come with $10,000 in covered closing costs, because moving to one of Raleigh's hottest spots should be as smooth as your new skyline view. (And as seamless as your new commute, thanks to the INCLUDED PARKING!)

Perched on Peace Street, 615's bold masonry and sleek mixed-metal exterior blend seamlessly with the neighborhood's charm while bringing a fresh, modern edge. Inside, industrial-inspired finishes like warm woods, gold accents, and brushed metal contrast with sun-drenched, airy interiors. It's an urban aesthetic that's as sharp as it is inviting. Suited for those who savor simple luxuries and seamless comfort.

Your new home isn't just a place to live. It's a front-row seat to the best of Downtown Raleigh. Walk to your morning coffee, grab award-winning bites, sip craft brews, or shop the latest trends, all just steps from your door. And when the city lights call, three expansive rooftop lounges offer easy views and endless vibes.

Every open-concept layout is designed to flex with your lifestyle, whether that's hybrid WFH days or rooftop hangs with friends. Private balconies, maintenance-free fixtures, and thoughtful design touches mean less hassle and more time to enjoy the city around you.
615 Peace isn't just another address. It's a lifestyle upgrade at the heart of the action. We'll #SeeYouAt615.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
615 Peace St Llc
Bought by
Prime Asset Management Llc
Current Estimated Value
$535,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$327,503
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$207,559

Purchase Details

Closed on
Jun 24, 2024
Sold by
615 Peace St Llc
Bought by
Ohara Living Trust and Woodlicf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$327,503
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$207,559

Purchase Details

Closed on
Jun 13, 2024
Sold by
615 Peace St Llc
Bought by
Tangirala Ravi Kiran and Tangirala Nagalakshmi Sailaja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$327,503
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$207,559

Purchase Details

Closed on
May 30, 2024
Sold by
615 Peace St Llc
Bought by
Fields Christine C and Neal Jake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$327,503
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$207,559

Purchase Details

Closed on
May 28, 2024
Sold by
615 Peace St Llc
Bought by
Sparling Margaret Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$327,503
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$207,559

Purchase Details

Closed on
May 16, 2024
Sold by
615 Peace St Llc
Bought by
615 Peace St Llc and Patel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$327,503
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$207,559

Purchase Details

Closed on
Oct 28, 2019
Sold by
Lock 7 Development Llc
Bought by
615 Peace St Llc

Purchase Details

Closed on
Oct 21, 2019
Sold by
City Of Raleigh
Bought by
Lock 7 Development Llc

Purchase Details

Closed on
Nov 30, 2016
Sold by
Kck Vitkabd Avebt
Bought by
Avivar Investm Llc

Purchase Details

Closed on
Nov 7, 2007
Sold by
Sheffield Barry Properties Llc
Bought by
Boylan Avenue Management Llc

Purchase Details

Closed on
Dec 7, 2001
Sold by
City Of Raleigh
Bought by
Fields Richard B and Kanoy Elizabeth F

Range of Values:

Collateral Analytics

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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
Prime Asset Management Llc $651,500 Keystone Title
Ohara Living Trust $476,000 Allied Title Group Llc
Tangirala Ravi Kiran $471,000 Allied Title Group Llc
Nunna Shrikar $461,000 Allied Title Group Llc
Fields Christine C $506,000 Allied Title Group Llc
Sparling Margaret Mae $380,500 Allied Title Group Llc
Hayashi Llanes Pedro A $474,500 Allied Title Group Llc
Muylle Michel Serge $643,000 Allied Title Group Llc
615 Peace St Llc $304,000 Allied Title Group Llc
Williams Brandon Jhun-Gedt $300,500 Allied Title Group Llc
Bauerlein Lisa Marie $442,000 Allied Title Group Llc
615 Peace St Llc -- None Available
615 Peace St Llc -- None Available
615 Peace St Llc $1,650,000 None Available
Lock 7 Development Llc $4,000 None Available
Avivar Investm Llc $1,000,000 None Available
Boylan Avenue Management Llc $920,000 None Available
Fields Richard B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hebert Eric $330,000
Closed Nunna Shrikar $300,000
Closed Nunna Shrikar $353,250
Closed Fields Christine C $379,425
Closed Muylle Michel Serge $504,000
Closed Muylle Michel Serge $320,370
Closed Muylle Michel Serge $323,000
Previous Owner Bauerlein Lisa Marie $397,600
Previous Owner Bauerlein Lisa Marie $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 For Sale $524,900 -- $539 / Sq Ft

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 $96,777 $0 $0 $0
2023 $52,563 $4,497,915 $2,257,056 $2,240,859
2022 $20,258 $1,868,290 $1,395,294 $472,996
2021 $14,190 $1,395,294 $1,395,294 $0
2020 $15,685 $1,569,768 $1,569,768 $0
2019 $11,467 $938,568 $938,568 $0
2018 $10,845 $938,568 $938,568 $0
2017 $0 $942,750 $938,568 $4,182
2016 $10,198 $942,750 $938,568 $4,182
2015 $8,787 $788,691 $784,100 $4,591
2014 $8,363 $788,691 $784,100 $4,591
Source: Public Records

Agents Affiliated with this Home

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