$385,000
$389,500
1.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,117 SqFt
SOLD DATE : 08/14/2026
Key Details
Sold Price $385,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,117 sqft
Price per Sqft $344
Subdivision Paramount
MLS Listing ID 10162886
Sold Date 08/14/26
Style Contemporary,Modern
Bedrooms 2
Full Baths 2
HOA Fees $666/mo
HOA Y/N Yes
Year Built 2005
Annual Tax Amount $4,106
Property Sub-Type Condominium
Source Doorify MLS
Land Area 1117
Property Description
Positioned in one of Downtown Raleigh's most vibrant and high-demand locations, this stunning condo in the Paramount building places you right in the center of Glenwood South--the city's premier destination for dining, nightlife, and entertainment. Whether you're seeking an exciting urban lifestyle or a high-performing investment opportunity, this is exactly where you want to be. What truly sets this property apart? This TWO-bedroom condo is one of the best values currently available in Downtown Raleigh--priced below comparable sales and even below tax value--while being in pristine, move-in ready condition. Opportunities like this in Glenwood South, especially in a building like the Paramount, are rare. Inside, Unit 400 features a highly desirable layout with two spacious primary suites, each with its own en-suite bath--perfect for roommates, guests, or maximizing rental income potential. The entire unit has been refreshed with fresh paint and luxury vinyl plank flooring throughout, complemented by custom closet systems and updated stainless steel appliances that elevate everyday living. A newer HVAC system (2022) adds long-term value and efficiency. Step outside and you're immediately immersed in the energy of Downtown Raleigh--walkable to top restaurants, nightlife, coffee shops, and entertainment. This is the kind of location that consistently drives demand, making it just as attractive for investors as it is for end users. Residents of the Paramount enjoy premium amenities including a rooftop pool with skyline views, fitness center, club room with kitchen, outdoor grilling areas, and an herb garden, all within a secure-access building. The unit also includes two reserved parking spaces in a covered garage and a private storage unit on the same floor, adding everyday convenience that's hard to find downtown. If you're looking for location, condition, and value all in one, Unit 400 stands out as one of the most compelling opportunities in Downtown Raleigh right now.
Location
State NC
County Wake
Community Paramount
Zoning PD
Interior
Interior Features Eat-in Kitchen, Elevator, Entrance Foyer, High Ceilings, Kitchen Island, Open Floorplan, Recessed Lighting, Second Primary Bedroom, Storage, Track Lighting, Walk-In Shower
Cooling Heat Pump
Flooring Luxury Vinyl, Tile
Fireplace No
Appliance Dryer, Dishwasher
Laundry In Unit
Exterior
Exterior Feature Covered Courtyard, Garden, Gas Grill, Outdoor Grill, Storage
Parking Features Assigned, Concrete, Covered, Electric Gate, Garage Door Opener, Secured
Garage Spaces 2.0
Roof Type Flat
Total Parking Spaces 2
Garage Yes
Building
Lot Description City Lot, Views
Story One
Foundation Concrete, Concrete Perimeter
Water Public
Architectural Style Contemporary, Modern
New Construction No
Schools
Elementary Schools Wake - Wiley Elementary
Middle Schools Wake - Oberlin Middle
High Schools Wake - Needham Broughton High
Others
Senior Community No
Tax ID 1704.18-41-2869.007
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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