REDUCED! Exceptional opportunity to own a 3 bedroom, 3 full bath condo in the beautifully restored historic Cotton Mill, offering an incredible blend of character & modern living. With 18' ceilings & striking 10' windows this condo is flooded with natural light, accentuating the hardwood floors & architectural details. The open floor plan creates a seamless flow from room to room, making it perfect for both daily living and entertaining. The spacious living area and open kitchen is a true highlight, featuring sleek, modern finishes and plenty of counter space for cooking and hosting. With its blend of industrial charm and modern updates, this condo offers a rare opportunity to live in an expansive, historic space with all the comforts of contemporary living within steps of Smoke Hollow, Seaboard and the downtown area. You will love this condo. Parking spot in cover garage and a historical 50% historical property tax discount. Welcome home
For sale
Price cut: $20K (2/22)
$769,000
614 Capital Blvd APT 225, Raleigh, NC 27603
3beds
2,390sqft
Est.:
Condominium, Residential
Built in 1890
-- sqft lot
$753,400 Zestimate®
$322/sqft
$581/mo HOA
What's special
Sleek modern finishesComforts of contemporary livingExpansive historic spaceFlooded with natural lightHardwood floorsArchitectural detailsOpen kitchen
- 156 days |
- 1,219 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: March 12, 2026 at 11:58am
Listed by:
Patrick Lawson 919-829-9231,
RE/MAX EXECUTIVE
Source: Doorify MLS,MLS#: 10127107
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Heat Pump
Cooling
- Central Air, Electric
Appliances
- Included: Built-In Electric Oven, Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Wine Cooler
- Laundry: Laundry Closet
Features
- Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Storage, Walk-In Closet(s), Walk-In Shower
- Flooring: Carpet, Hardwood, Tile
Interior area
- Total structure area: 2,390
- Total interior livable area: 2,390 sqft
- Finished area above ground: 2,390
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Common
- Has uncovered spaces: Yes
- Details: spot 42
Features
- Levels: Two
- Stories: 2
- Exterior features: Gas Grill
- Fencing: Back Yard
- Has view: Yes
Details
- Parcel number: 0
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Warehouse
- Property subtype: Condominium, Residential
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Membrane
Condition
- New construction: No
- Year built: 1890
- Major remodel year: 1996
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: The Cotton Mill
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Management, Parking, Water
- Services included: Maintenance Grounds, Maintenance Structure, Water
- HOA fee: $581 monthly
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $322/sqft
- Tax assessed value: $736,090
- Annual tax amount: $3,458
- Date on market: 10/12/2025
- Road surface type: Asphalt
Estimated market value
$753,400
$716,000 - $791,000
$3,281/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/22/2026 | Price change | $769,000-2.5%$322/sqft |
Source: | ||
| 1/5/2026 | Price change | $789,000-3.2%$330/sqft |
Source: | ||
| 10/29/2025 | Price change | $814,900-1.2%$341/sqft |
Source: | ||
| 10/12/2025 | Listed for sale | $825,000+17.9%$345/sqft |
Source: | ||
| 9/3/2021 | Sold | $700,000-6.7%$293/sqft |
Source: | ||
| 5/24/2021 | Contingent | $750,000$314/sqft |
Source: | ||
| 1/18/2021 | Listed for sale | $750,000$314/sqft |
Source: | ||
| 11/25/2020 | Listing removed | $750,000$314/sqft |
Source: Howard Perry & Walston Realtor #2330712 Report a problem | ||
| 7/15/2020 | Listed for sale | $750,000$314/sqft |
Source: Howard Perry & Walston Realtor #2330712 Report a problem | ||
| 6/4/2020 | Listing removed | $750,000$314/sqft |
Source: Howard Perry & Walston Realtor #2291495 Report a problem | ||
| 12/5/2019 | Listed for sale | $750,000+54.6%$314/sqft |
Source: Howard Perry & Walston Realtor #2291495 Report a problem | ||
| 3/31/2016 | Sold | $485,000+29.3%$203/sqft |
Source: | ||
| 7/8/2003 | Sold | $375,000+15.4%$157/sqft |
Source: Doorify MLS #678997 Report a problem | ||
| 6/12/2000 | Sold | $325,000$136/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,480 +0.4% | $736,090 |
| 2024 | $3,467 +0.3% | $736,090 +16.7% |
| 2023 | $3,458 +7.6% | $630,753 |
| 2022 | $3,213 +4% | $630,753 |
| 2021 | $3,089 +1.9% | $630,753 |
| 2020 | $3,032 +13% | $630,753 +37.2% |
| 2019 | $2,684 | $459,826 |
| 2018 | $2,684 +11.3% | $459,826 |
| 2017 | $2,412 +2.1% | $459,826 |
| 2016 | $2,362 | $459,826 -2.3% |
| 2015 | -- | $470,807 |
| 2014 | $2,331 | $470,807 |
| 2013 | -- | $470,807 |
| 2012 | -- | $470,807 |
| 2011 | -- | $470,807 |
| 2010 | -- | $470,807 |
| 2009 | -- | $470,807 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,725/mo
Principal & interest
$3708
HOA Fees
$581
Property taxes
$436
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Climate risks
Neighborhood: Mordecai
Nearby schools
GreatSchools rating
- 4/10Conn ElementaryGrades: PK-5Distance: 1.2 mi
- 6/10Oberlin Middle SchoolGrades: 6-8Distance: 2 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Wake - Conn
- Middle: Wake - Oberlin
- 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.
Local experts in 27603
- North Carolina
- Wake County
- Raleigh
- 27603
- Mordecai
- 614 Capital Blvd Apartment 225






