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.
For sale
Price cut: $5.5K (6/26)
$389,500
618 N Boylan Ave Suite 400, Raleigh, NC 27603
2beds
1,117sqft
Condominium, Residential, Multi Family
Built in 2005
-- sqft lot
$384,200 Zestimate®
$349/sqft
$666/mo HOA
What's special
Herb gardenFresh paintTwo spacious primary suitesCustom closet systemsUpdated stainless steel appliancesOutdoor grilling areas
- 71 days |
- 463 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
Warren Hall 919-215-5000,
Compass -- Raleigh,
Craig Kasek 336-706-1877,
Compass -- Raleigh
Source: Doorify MLS,MLS#: 10162886
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Electric Range, Refrigerator, Washer/Dryer Stacked
- Laundry: In Unit
Features
- Eat-in Kitchen, Elevator, Entrance Foyer, High Ceilings, Kitchen Island, Open Floorplan, Recessed Lighting, Second Primary Bedroom, Storage, Track Lighting, Walk-In Shower
- Flooring: Vinyl, Tile
Interior area
- Total structure area: 1,117
- Total interior livable area: 1,117 sqft
- Finished area above ground: 1,117
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Concrete, Covered, Electric Gate, Garage Door Opener, Secured
- Garage spaces: 2
Accessibility
- Accessibility features: Accessible Entrance, Central Living Area
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Covered Courtyard, Garden, Gas Grill, Outdoor Grill, Storage
- Has view: Yes
Lot
- Features: City Lot, Views
Details
- Parcel number: 1704.18412869.007
- Zoning: PD
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary, Modern
- Property subtype: Condominium, Residential, Multi Family
Materials
- Brick, Concrete, Stone
- Foundation: Concrete, Concrete Perimeter
- Roof: Flat
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Paramount
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Fitness Center, Game Room, Gated, Landscaping, Maintenance Grounds, Party Room, Pool, Recreation Room, Security, Storage, Trash, Water
- Services included: Maintenance Grounds, Sewer, Trash, Water
- HOA fee: $666 monthly
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $349/sqft
- Tax assessed value: $426,471
- Annual tax amount: $4,106
- Date on market: 4/27/2026
Estimated market value
$384,200
$365,000 - $403,000
$2,193/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $389,500-1.4%$349/sqft |
Source: | ||
| 6/10/2026 | Price change | $394,950-1.2%$354/sqft |
Source: | ||
| 5/29/2026 | Price change | $399,900-1.3%$358/sqft |
Source: | ||
| 5/16/2026 | Price change | $405,000-1.2%$363/sqft |
Source: | ||
| 4/27/2026 | Listed for sale | $410,000+31.4%$367/sqft |
Source: | ||
| 4/20/2026 | Sold | $312,000-20%$279/sqft |
Source: | ||
| 4/9/2026 | Pending sale | $390,000$349/sqft |
Source: | ||
| 4/3/2026 | Listed for sale | $390,000-8.2%$349/sqft |
Source: | ||
| 4/1/2026 | Listing removed | $425,000$380/sqft |
Source: | ||
| 3/23/2026 | Listed for sale | $425,000-4.5%$380/sqft |
Source: | ||
| 2/21/2026 | Listing removed | $445,000$398/sqft |
Source: | ||
| 1/29/2026 | Price change | $445,000-0.8%$398/sqft |
Source: | ||
| 1/20/2026 | Price change | $448,500-0.3%$402/sqft |
Source: | ||
| 1/14/2026 | Price change | $450,000-1.1%$403/sqft |
Source: | ||
| 1/5/2026 | Price change | $455,000-4.2%$407/sqft |
Source: | ||
| 10/20/2025 | Price change | $475,000-4.7%$425/sqft |
Source: | ||
| 10/4/2025 | Price change | $498,500-0.1%$446/sqft |
Source: | ||
| 9/30/2025 | Price change | $498,8000%$447/sqft |
Source: | ||
| 9/24/2025 | Price change | $498,9000%$447/sqft |
Source: | ||
| 7/11/2025 | Price change | $499,000-5%$447/sqft |
Source: | ||
| 4/28/2025 | Listed for sale | $525,000+32.9%$470/sqft |
Source: | ||
| 5/27/2021 | Sold | $395,000-7.1%$354/sqft |
Source: | ||
| 12/21/2020 | Listing removed | $425,000$380/sqft |
Source: Owner Report a problem | ||
| 9/22/2020 | Listed for sale | $425,000+34.9%$380/sqft |
Source: Owner Report a problem | ||
| 4/15/2010 | Sold | $315,000+20.5%$282/sqft |
Source: Doorify MLS #1702826 Report a problem | ||
| 11/30/2005 | Sold | $261,500$234/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,029 +0.4% | $426,471 |
| 2024 | $4,014 -8.2% | $426,471 +14.5% |
| 2023 | $4,372 +7.1% | $372,439 |
| 2022 | $4,084 +7.2% | $372,439 |
| 2021 | $3,808 +1.8% | $372,439 |
| 2020 | $3,741 +4.1% | $372,439 +27.3% |
| 2019 | $3,595 | $292,593 |
| 2018 | $3,595 +10.7% | $292,593 |
| 2017 | $3,248 +2% | $292,593 |
| 2016 | $3,185 -10% | $292,593 -7.4% |
| 2015 | $3,539 +5% | $315,816 |
| 2014 | $3,369 | $315,816 |
| 2013 | -- | $315,816 |
| 2012 | -- | $315,816 |
| 2011 | -- | $315,816 |
| 2010 | -- | $315,816 |
| 2009 | -- | $315,816 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Hillsborough
Nearby schools
GreatSchools rating
- 6/10Wiley ElementaryGrades: PK-5Distance: 0.3 mi
- 7/10Oberlin Middle SchoolGrades: 6-8Distance: 1.9 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Wake - Wiley Elementary
- Middle: Wake - Oberlin Middle
- High: Wake - Needham Broughton High
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Wake County
- Raleigh
- 27603
- Hillsborough
- 618 N Boylan Ave Suite 400









