For sale

Price cut: $19.1K (3/26)

$749,900

614 Capital Blvd APT 225, Raleigh, NC 27603

3beds

2,390sqft

Est.:

Condominium, Residential

Built in 1890

-- sqft lot

$724,300 Zestimate^®

$314/sqft

$581/mo HOA

What's special

Sleek modern finishesComforts of contemporary livingExpansive historic spaceFlooded with natural lightHardwood floorsArchitectural detailsOpen kitchen

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

170 days

950

27

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

View 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: $314/sqft
Tax assessed value: $736,090
Annual tax amount: $3,458
Date on market: 10/12/2025
Road surface type: Asphalt

Estimated market value

$724,300

$688,000 - $761,000

$3,379/mo

Price history

Date	Event	Price
3/26/2026	Price change	$749,900-2.5%$314/sqft
Source: Doorify MLS #10127107 Report a problem
2/22/2026	Price change	$769,000-2.5%$322/sqft
Source: Doorify MLS #10127107 Report a problem
1/5/2026	Price change	$789,000-3.2%$330/sqft
Source: Doorify MLS #10127107 Report a problem
10/29/2025	Price change	$814,900-1.2%$341/sqft
Source: Doorify MLS #10127107 Report a problem
10/12/2025	Listed for sale	$825,000+17.9%$345/sqft
Source: Doorify MLS #10127107 Report a problem
9/3/2021	Sold	$700,000-6.7%$293/sqft
Source: Doorify MLS #2362204 Report a problem
5/24/2021	Contingent	$750,000$314/sqft
Source: Doorify MLS #2362204 Report a problem
1/18/2021	Listed for sale	$750,000$314/sqft
Source: Doorify MLS #2362204 Report a problem
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: Doorify MLS #2047888 Report a problem
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

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	--	--