242 E Davie St, Raleigh, NC 27601 Property Records

Wake County property record for 242 E Davie St, Raleigh, NC 27601

Property Summary

Property Type	Condominium
Details	2 ba · 1,444 sqft · built 1986
Owner	2 Individual Names on File
Last Sale	$325,000 (Mar 2018)
Tax Bill	$3,702 (2023)
Deeds & Mortgages	Oct 2020 Mortgage Mar 2018 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`1703.43-87-0201 0151741`

Property Details

APN / Parcel Number

Primary APN	`1703.43-87-0201 0151741`
Alternative APNs	`015174101` `0151741`

Interior

Full Baths	2 Baths
Total Rooms	4 Rooms
Stories	2 Stories
Building Area	1,444 sqft Heated Area
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1986
Architectural Style	Condo/Apartment
Exterior Material	Stucco
Construction Type	Concrete Block
Foundation Type	Raised

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Connected

Location & Zoning

Account Number	0151741
Old Parcel Number	015174101
Street Address	242 E DAVIE ST
City	RALEIGH
State	NC
Zip	27601-1808
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	DX-7
Legal Description	FOUNDERS ROW CONDOMINIUMS UN242
Legal Township	01
Legal Subdivision	FOUNDERS ROW CONDO
Jurisdiction	WAKE NC
Township / Civil Division	RALEIGH
Census Block Group	2
Census Block	2021
Census Tract	50100

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the East Raleigh-South Park Historic District listed 1990 · 532 contributing resources · NRIS 90001527

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

242 E Davie St, a condominium, is owned by two individuals who bought it in March 2018.

Source: Wake County records, as of April 18, 2024

Owner of Record	2 Individual Names on File
Mailing Address	298 E DAVIE ST, RALEIGH, NC 27601-1808
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Oct 9, 2020	Deed of Trust, Mortgage · Conventional Mortgage TRUIST BANK
Mar 14, 2018	Warranty Deed, Transfer · Conventional Mortgage BANK OF AMERICA/IL

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Mar 14, 2018 · Amount on File
Deed Sale	Mar 14, 2018 · Amount on File
Deed Document Number	0001706962
Deed Book / Page	17069 / 62
Record Updated	Jun 7, 2026

October 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WAKE NC
Property Address	242 E DAVIE ST, RALEIGH, NC 27601-1808
Transaction Type	Mortgage
Record Updated	May 5, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	18119/2054
Date	Oct 9, 2020
Book Page	18119/2054

Lender

Name	TRUIST BANK
Type	Bank
Address	RICHMOND, VA 23224

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Oct 1, 2050

March 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	WAKE NC
Recording Date	Mar 14, 2018
Property Address	242 E DAVIE ST, RALEIGH, NC 27601-1808
Document Number	170690062
Book / Page	017069 / 000062
Instrument Date	Mar 14, 2018
Transaction Type	Transfer
Record Updated	Mar 27, 2018
Title Company	ATTORNEY'S TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$650.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	298 E DAVIE ST RALEIGH NC 276011808, RALEIGH, NC 27601-1808

Mortgage

Document Number	170690066
Date	Mar 14, 2018
Book Page	017069/000066

Lender

Name	BANK OF AMERICA/IL
Type	Bank
Address	CHARLOTTE, NC 28255

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Mar 13, 2048

Tax Assessment & Valuation

Source: Wake County assessment roll, as of January 1, 2023

Property Jurisdictions

Type	Name
State	North Carolina
County	Wake County
Municipality	Raleigh City
Unified School District	Wake County Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2023	$3,702.00	$337,851 Building $337,851	$337,851 Building $337,851

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 242 E Davie St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective September 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	3 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 242 E Davie St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF RALEIGH serves 650,000 people · EPA ID NC0392010
Water Source	Surface water
Last State Inspection	Feb 2026
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 145 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · Fixed Wireless	5,000 / 5,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	1,000 / 75
T-Mobile Fixed Wireless	100 / 20

May also be available: Google Fiber.

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