Charming Downtown Condo in the Heart of the City Welcome to Founders Row, a gated and secure condo community located in the heart of vibrant downtown Raleigh. This spacious 2-bedroom, 2-bathroom first-floor home offers 1,076 sq. ft. of living space, featuring two private terraces and two serene courtyards. Inside, you'll find an inviting open layout with high 9-foot ceilings and elegant crown molding. The remodeled kitchen and bathrooms (updated in 2018) boast modern finishes, while new wood floors throughout add warmth and character. A cozy wood-burning fireplace is the centerpiece of the living room, offering the perfect spot to unwind. Storage is abundant with walk-in closets and additional space for all your belongings. Ceiling fans throughout provide year-round comfort, and custom blinds offer privacy and light control. This condo comes fully equipped with a washer, dryer, and refrigerator for your convenience. Ample gated parking, plus you're just minutes away from the best of downtown living, including restaurants, coffee shops, Fayetteville St., Moore Square, Red Hat Amphitheater, the Children's Museum, and the Governor's Mansion. Live where you love and experience Downtown Raleigh living at its finest!
Sold for $392,000
$392,000
238 E Davie St, Raleigh, NC 27601
2beds
1,076sqft
Condominium, Residential
Built in 1986
-- sqft lot
$384,600 Zestimate®
$364/sqft
$1,961 Estimated rent
Home value
$384,600
$365,000 - $408,000
$1,961/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: February 18, 2025 at 06:41am
Listed by:
Johnny Chappell 919-737-2247,
Compass -- Raleigh,
Ivan Hovis Gobern 919-825-7588,
Compass -- Raleigh
Bought with:
Dana Ellington, 255265
Compass -- Raleigh
Source: Doorify MLS,MLS#: 10063370
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Fireplace(s), Forced Air
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Built-In Electric Oven, Built-In Electric Range, Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Oven, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer
- Laundry: Electric Dryer Hookup, In Hall, Laundry Closet, Main Level
Features
- Ceiling Fan(s), Crown Molding, Entrance Foyer, High Ceilings, Living/Dining Room Combination, Smooth Ceilings, Storage, Walk-In Closet(s)
- Flooring: Wood
- Windows: Blinds
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,076
- Total interior livable area: 1,076 sqft
- Finished area above ground: 1,076
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Asphalt, Gated, Guest, Parking Lot
- Uncovered spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Terrace
- Exterior features: Courtyard, Private Entrance, Storage, Uncovered Courtyard
- Has view: Yes
- View description: City
Lot
- Features: Landscaped, Near Public Transit, Private
Details
- Parcel number: 1703870201
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium, Residential
Materials
- Stucco
- Foundation: Block
- Roof: Flat
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Raleigh
- Subdivision: Founders Row
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $295 monthly
- Amenities included: Insurance, Landscaping, Maintenance, Maintenance Grounds, Management, Parking
- Services included: Maintenance Grounds, Pest Control, Trash, Water
Other
Other facts
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 1/3/2025 | Sold | $392,000$364/sqft |
Source:  Doorify MLS #10063370 Report a problem | ||
| 11/23/2024 | Pending sale | $392,000$364/sqft |
Source: Doorify MLS #10063370 Report a problem | ||
| 11/14/2024 | Listed for sale | $392,000+102.1%$364/sqft |
Source: Doorify MLS #10063370 Report a problem | ||
| 10/26/2024 | Listing removed | $2,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/15/2024 | Price change | $2,000-4.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,522 +0.4% | $372,521 |
| 2024 | $3,509 +7.3% | $372,521 +25% |
| 2023 | $3,269 +7.6% | $298,101 |
Find assessor info on the county website
Neighborhood: Central
Nearby schools
GreatSchools rating
- 7/10Root Elementary SchoolGrades: PK-5Distance: 3.6 mi
- 6/10Moore Square Museum Magnet MidGrades: 6-8Distance: 0.1 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Wake - Root
- Middle: Wake - Moore Square Museum
- High: Wake - Broughton
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$384,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$384,600
- North Carolina
- Wake County
- Raleigh
- 27601
- Central
- 238 E Davie St