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$589,000

Beds
2
Baths
2.0
sq ft
1,326

1535 Caraleigh Mills Court Unit 105, Raleigh, NC 27603

1535 Caraleigh Mills Court Unit 105

Raleigh, NC 27603

  • 3 days on market
Historic charm meets contemporary elegance. Welcome home to this luxurious first-floor condo, built in 1892. Ideally located just outside downtown Raleigh, it beautifully merges old world character with modern sophistication. This exquisite 2-bedroom, 2-bathroom residence boasts stunning architectural features, such as exposed brick, soaring 14-foot ceilings, original factory hardwood flooring, and large windows that bathe the home in natural light. It offers a bright, spacious living area and a well-appointed kitchen featuring custom tiled backsplash, quartz countertops and stainless steel appliances. Additional amenities include in-unit laundry and a cozy office nook. ''The Mill'' presents a range of amenities, including a swimming pool, dog park, fully equipped gym, event space, bike room, billiards/game room, EV charging stations and community garden. The HOA also covers AT&T fiber and water. With its Historic Registry designation, you can enjoy a 50% property tax credit. Walk to Trophy Brewing, State Farmers Market and nearby Dix Park. Rare opportunity to own a piece of Raleigh history.

Details

Property type

Condominium

Est. home value

$574,992

Lot size

Unknown

Price per sq ft

$445

Year built

1892

Annual property taxes

$2,329

Monthly HOA fee

$530

Price History

03/27/2025
TriangleMLS

TriangleMLS #10085105

Listed
$589,000
+30.89%
03/31/2020
TriangleMLS

TriangleMLS #2303392

Sold
$450,000
+10.16%
11/30/2018
TriangleMLS

TriangleMLS #2205513

Sold
$408,500
+5.28%

Schools & Community

Neighborhood: 

Southwest Raleigh

Elementary school: 

Wake - Farmington Woods

Middle school: 

Wake - Martin

High school: 

Wake - Broughton

Community features: 

Clubhouse, Fitness Center, Gated, Pool, Sidewalks, Street Lights

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$242,774
Asking price
$589,000
Closing costs (~8% of asking)
-$47,120
Est. remaining loan balance
-$299,106
Cash to seller
$242,774

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

March 2020

Original loan amount

$333,750

Est. remaining balance

$299,106

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

John Rotchford

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/30/2025 at 8:10 PM

Listing updated: 03/30/2025 at 4:07 AM

Listed by: Jason Brooks, Coldwell Banker Advantage Phone #: (919) 467-5111

MLS: TriangleMLS #10085105

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