2 months on rocket

523 S W St Unit 504, Raleigh, NC, 27601

$1,200,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,895 SqFt
$633/SqFt
Condo

Location

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523 S W St Unit 504, Raleigh$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Deck, Electric Gate, On Site
Attached Garage1 space
Year Built2020
HeatingHeat Pump
CoolingCentral Air, Ceiling Fan(s)
MLS #10051045
StatusActive

About 523 S W St Unit 504

Indulge in the epitome of luxury living at the Fairweather, where this stunning penthouse redefines urban elegance. Upon entering, the grandeur of the soaring 20-foot ceilings immediately sets the stage for an extraordinary living experience. The panoramic view of Raleigh's skyline, offering a front-row seat to the bustling city that can be enjoyed on the dueling balconies or from the comfort of the floor to ceiling windows throughout the main living area. Every detail, from the exquisite included furnishings to the meticulously curated design, has been thoughtfully selected to create a seamless blend of opulence and comfort. The chef's kitchen is equipped with top-of-the-line appliances, custom cabinetry, and expansive countertops. The main living offers a lush primary suite, a guest suite, and your laundry room. Head up, to discover the third bedroom, a loft, and your second, expansive balcony. The Fairweather comes with a lifestyle of convenience with a fitness center, rooftop, garage with two designated parking spots, and a storage unit. Ultimately, the lifestyle of downtown Raleigh is known as a place where tradition meets innovation, where history meets progress, and where every street corner tells a story of the city's enduring spirit.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2020
  • Living Area: 1,895 SqFt

Listing Office:

  • Office Name: Compass -- Raleigh
  • Office Phone: (919) 726-6548
  • Listing Agent: Gretchen Coley, Devin Curlings

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Microwave, Range Hood, Stainless Steel Appliance(s)
  • Flooring Type: Hardwood, Tile
  • Interior: Bathtub/Shower Combination, Ceiling Fan(s), High Ceilings, Kitchen Island, Open Floorplan, Primary Downstairs, Quartz Counters, Recessed Lighting, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Deck, Electric Gate, On Site

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Take NC-50 S/US-70 E/Wade Ave. Slight right onto NC-50 S/US-70 E/Wade Ave/West St.Turn right onto W Lenoir St. Turn right at the 1st cross street onto S West St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $633/SqFt

HOA Fees:

  • Amount: $627
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $7,212
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

Med. Sold Price

$442.3K

Med. Price/SqFt

$233

Avg. Days On Market

36

# of Sold Homes

467

523 S W St Unit 504 vs Raleigh

69 DAYS ON ROCKET

+33 Days

$1,200,000

+$757.6K More

$633/SqFt

+$399 More

KEY TAKEAWAY

This property is $757.6K more than the Median Sold Price and $399/SqFt more than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10051045

Listing Office:

  • Office Name: Compass -- Raleigh
  • Office Phone: (919) 726-6548
  • Listing Agent: Gretchen Coley, Devin Curlings

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,212$893,911

History based on county public records data.

Payment Calculator

$6,684

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-301333
4
/10
  • Washington Magnet Elementary School

  • 1000 Fayetteville St

  • 0.42 miles

  • Public Magnet Grades PK-5

school-card-donut-301334
6
/10
  • Wiley Magnet Elementary School

  • 301 Saint Marys St

  • 0.86 miles

  • Public Magnet Grades PK-5

school-card-donut-301335
6
/10
  • Partnership Magnet Elementary School

  • 601 Devereux St

  • 1.12 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,703. Residents of Raleigh, NC typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 523 S W St Unit 504

What is the listing price of this property?

The listing price of 523 S W St Unit 504 property is $1,200,000.

What type of property is this?

The property 523 S W St Unit 504 is a condo located in Raleigh, North Carolina, 27601.

Is this property for sale now?

Active Listing: 523 S W St Unit 504 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,212 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 523 S W St Unit 504 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 523 S W St Unit 504 is 1,895 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 523 S W St Unit 504 is 2020.

Rocket Homes›North Carolina›Wake County›Raleigh›27601›523 S W St Unit 504

This home is located at 523 S W St Unit 504 in Raleigh, NC and zip code 27601 in the Inside the Beltline neighborhood. This 1,895 square foot home was built in 2020. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $1,200,000.

Over 94 listings were sold over their listed price in October 2024 in Raleigh, NC. In the same period over 270 listings were sold below the listed price and 103 listings were sold for the listed price. Between September 2024 and October 2024, Raleigh, NC real estate market has seen increase in the number of listings by 2.3%. In October 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $442,333.

From Rocket Homes Real Estate and based on county public records data.

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