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Posted 30 days ago

1505 Hillsborough St #120, Raleigh NC 27605

1 br | 1 ba | 325 sqft
Description provided by Trulia.
Description provided by Realty Trac.
Combining the convenience of a hotel with the cache of a great address, The Velvet Cloak Villas offer what every in-demand person craves in a home away from home: Fabulous location Excellent quality Lovely surroundings Impeccable service Gated community The Velvet Cloak Villas are perfect for regular travelers to Raleigh such as NCSU Alumni, legislators, lobbyist, sports fans, cultural aficionados and business people. Located downtown, the Villas are condominiums transformed from the plush hotel rooms of one of the area's finest Inns. Villa owners are welcome to decorate rooms as they please or leave them as hotel suites. When not in use by the owner, unaltered rooms can be leased back to the hotel in exchange for a percentage of the room's revenues. Boasting some of the best views… Show more of Raleigh, The Velvet Cloak Villas beckon to elite visitors from across the state and around the region.
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Home facts for 1505 Hillsborough St #120

Listing Details

Status For Sale
Listing Type Resale
MLS/Source ID 1693000
Price/sqft $200
Total views
(as of 11/30/09)
11

 

Bedrooms 1
Baths 1
Year built 1963
Days on Trulia 30
ZIP code 27605
Neighborhood University

Contact info

Shelia Hankins
Broker: James K. Pearce
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Additional information about 1505 Hillsborough St #120

This property
$65,000
Similar homes for sale
$63,983
Recently sold homes
$71,535
1505 Hillsborough Street #120, Raleigh NC
1505 Hillsborough St #120, Raleigh NC
$65,000
1 br   1 ba   325 sqft
Similar homes for sale
Average listing price is $63,983
1505 Hillsborough Street #118, Raleigh NC
1505 Hillsborough St #118, Raleigh…
$65,000
1 br1 ba325 sqft
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720 Vardaman Street, Raleigh NC
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$64,000
2 br1 ba637 sqft
Single-Family Home
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Recently sold homes
Average sales price is $71,535
1505 Hillsborough St #272, Raleigh…
Sold for $49,500 on 07/24/09
364 sqft
Condo
0.00 mi
2722 Newbold St, Raleigh NC
Sold for $70,000 on 09/16/09
1 ba814 sqft
Single-Family Home
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1102 Oakwood Ave, Raleigh NC
Sold for $83,000 on 09/21/09
2 ba996 sqft
Single-Family Home
1.90 mi
518 Carolina Pines Ave, Raleigh NC
Sold for $66,000 on 08/26/09
1 ba1,115 sqft
Single-Family Home
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This home
Listing price: $65,000
 
Compared to similar homes
Avg. listing price: $63,983 +2%
Avg. sales price: $71,535 -9%
Avg. price/sqft: $80 +150%
 
Compared to University
Avg. listing price: $533,218 -88%
Avg. sales price: $364,303 -82%
Avg. price/sqft: $212 -6%
Comparisons are relative to similar homes on Trulia and are intended as a guide only. Home values are affected by many factors—find out more
Resource Center
This property located at 1505 Hillsborough St, Raleigh NC, 27605 is currently for sale and has been listed on Trulia for 30 days. This property is listed by Keller Williams Realty for $65,000. 1505 Hillsborough St #120 has has 1 bed, 1 bath, and approximately 325 square feet. The property was built in 1963. 1505 Hillsborough St is in the University neighborhood in Raleigh and in ZIP Code 27605. The list price of $65,000 is 88% lower than the average list price of $533,218 for University real estate, 80% lower than the average list price of $324,707 for 27605 real estate, and 81% lower than the average list price of $344,249 for Raleigh, NC real estate. The price for this property is 82% lower than the average sales price of $364,303 for University, 76% lower than the average sales price of $271,828 for 27605, and 71% lower than the average sales price of $226,449 for Raleigh. The price per square foot for this property is $200, which is 6% lower than the average of $212 for University, 18% lower than the average of $243 for 27605 and 75% higher than the average of $114 for Raleigh.