Looking for a highly profitable addition to your rental portfolio? We hold the assignable contract on this premium 2BR/1.5BA townhouse-style condo located at 1649 Sutton Dr, Raleigh, NC 27605. Situated directly next to the vibrant Village District (formerly Cameron Village), this property sits in one of Raleigh's most desirable, high-demand rental pockets—just a short walk from Glenwood South, NC State, and downtown.
The unit features a highly functional 1,000 sq. ft. layout with hardwood flooring and built-in features. Because of its unbeatable, central location, it attracts premium renters and commands excellent cash flow, with average neighborhood rents for updated units bringing in approximately $2,100 per month.
Sold for $246,960
$246,960
1649 Sutton Dr, Raleigh, NC 27605
2beds
1,000sqft
Condo
Built in 1949
-- sqft lot
$-- Zestimate®
$247/sqft
$1,726 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,726/mo
Zestimate® history
Owner options
List your home for rent
$1,726/mo
Rent Zestimate®
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$1,726/mo
Rent Zestimate®
Refinance and save
$1,566/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,566/mo
Est. payment
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List your homeWhat's special
Hardwood flooringBuilt-in features
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dryer, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,000 sqft
Property
Parking
- Parking features: Off-street
Details
- Parcel number: 1704136471145
Construction
Type & style
- Home type: Condo
Materials
- Frame
Condition
- Year built: 1949
Community & HOA
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $247/sqft
- Tax assessed value: $282,567
- Annual tax amount: $2,484
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Sold | $246,960-11.8%$247/sqft |
Source: Public Record Report a problem | ||
| 6/22/2026 | Listed for sale | $280,000$280/sqft |
Source: Owner Report a problem | ||
| 6/22/2026 | Pending sale | $280,000$280/sqft |
Source: Owner Report a problem | ||
| 6/20/2026 | Listed for sale | $280,000-9.7%$280/sqft |
Source: Owner Report a problem | ||
| 8/31/2021 | Sold | $310,000+102.6%$310/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/22/2019 | Listing removed | $1,325$1/sqft |
Source: Owner Report a problem | ||
| 1/8/2019 | Price change | $1,325-5.4%$1/sqft |
Source: Owner Report a problem | ||
| 11/14/2018 | Listed for rent | $1,400$1/sqft |
Source: Owner Report a problem | ||
| 6/20/2006 | Sold | $153,000+31.9%$153/sqft |
Source: Public Record Report a problem | ||
| 4/3/1998 | Sold | $116,000-0.4%$116/sqft |
Source: Public Record Report a problem | ||
| 12/16/1997 | Sold | $116,500$117/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,484 +0.4% | $282,567 |
| 2024 | $2,474 +7.8% | $282,567 +35.3% |
| 2023 | $2,296 +7.6% | $208,806 |
| 2022 | $2,134 +4% | $208,806 |
| 2021 | $2,052 +1.8% | $208,806 |
| 2020 | $2,015 +1.9% | $208,806 +23.6% |
| 2019 | $1,978 | $168,945 |
| 2018 | $1,978 +11.3% | $168,945 |
| 2017 | $1,778 +2.1% | $168,945 |
| 2016 | $1,741 -5% | $168,945 -3.5% |
| 2015 | $1,833 +5.4% | $175,116 |
| 2014 | $1,739 | $175,116 |
| 2013 | -- | $175,116 |
| 2012 | -- | $175,116 |
| 2011 | -- | $175,116 |
| 2010 | -- | $175,116 |
| 2009 | -- | $175,116 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
Find assessor info on the county website
Neighborhood: Hillsborough
Nearby homes
- $322,8002 bd2 ba1k sqft1651 Sutton Dr, Raleigh, NC 27605Off Market
- $313,700-- bd1 ba1k sqft1647 Sutton Dr, Raleigh, NC 27605Off Market
- $320,000-- bd1 ba1k sqft1645 Sutton Dr, Raleigh, NC 27605Off Market
- $368,5003 bd2 ba1.2k sqft1643 Sutton Dr, Raleigh, NC 27605Off Market
- $438,1003 bd1 ba1k sqft1643 Sutton Dr #0, Raleigh, NC 27605Off Market
- $277,0001 bd2 ba765 sqft1641 Sutton Dr #1641, Raleigh, NC 27605Off Market
- $289,600-- bd1 ba750 sqft1639 Sutton Dr, Raleigh, NC 27605Off Market
- $328,900-- bd1 ba1k sqft1637 Sutton Dr, Raleigh, NC 27605Off Market
Nearby schools
GreatSchools rating
- 6/10Wiley ElementaryGrades: PK-5Distance: 0.6 mi
- 7/10Oberlin Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 0.2 mi
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- North Carolina
- Wake County
- Raleigh
- 27605
- Hillsborough
- 1649 Sutton Dr
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