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Condominium Development (Association Assessment)Residential
Last sold for $478,000 on Sep 18, 2023

1001 HILLSBOROUGH ST

RALEIGH, NC 27603
0.64 ac
Lot SizeThe size of the land the home sits on, from county records.
1940
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 20033 floors16 units1,323–1,944 ft²
$7M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$447K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$325
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+57.1%vs the Raleigh ZIP median sale $/ft² ($207)

Sales Performance

$421K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
2
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
12.5%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+2.6%per yeartypical hold 7.4 yrsfrom 20 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20002004200720112016201820232025
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20002004200720112016201820232025

39 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$381K$419K$457K$495K1,323 ft²1,447 ft²1,571 ft²1,696 ft²1,820 ft²1,944 ft²
Studio
Studio
16 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 2 ba · 1,323 ft²
9 units
Studio · 2 ba · 1,350 ft²
3 units
Studio · 2 ba · 1,429 ft²
2 units
One-off layouts
2 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$381K–$391K
2 units
$406K–$407K
2 units
$414K–$414K
2 units
$427K–$427K
1 unit
$446K–$448K
2 units
$456K–$461K
2 units
$468K–$479K
4 units
$495K–$495K
1 unit

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1
$307/ft²
Floor 2
$326/ft²
Floor 3
$331/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·03
$345/ft²
Line ·04
$327/ft²
Line ·01
$325/ft²
Line ·05
$323/ft²
Line ·02
$319/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.80%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.6%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.9.1 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.17%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.46%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$422,761
Median tax billThe middle annual property tax bill among the building's units.$3,511
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 303Dec 23, 2025$420,000Unit 304Sep 29, 2025$422,500Unit 202Jun 3, 2024$450,000Unit 100Jan 5, 2024$406,000BuildingSep 18, 2023$478,000Unit 305Feb 7, 2023$435,000Unit 304Jun 3, 2021$380,000Unit 101Nov 3, 2020$352,000Unit 202Aug 13, 2018$270,000Unit 204Nov 28, 2017$290,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.11
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
12
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium Development (Association Assessment)
CountyWake
Lot (acres)The size of the land the home sits on, from county records.0.64
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(8)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Wiley Magnet Elementary SchoolB
Elementary · Grades PK–5 · 0.3 mi
H
Broughton Magnet High SchoolA-
High · Grades 9–12 · 0.6 mi
M
Oberlin Magnet Middle SchoolA-
Middle · Grades 6–8 · 2.2 mi

District: Wake County Schools

Neighborhood · ZIP 27603These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.108
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.43

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.62,817
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,202 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$86,402
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$112,305
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

1001 Hillsborough St
100 ft²
$375K
1001 Hillsborough St Apt 100
3 ba · 1,944 ft²
$406K
1001 Hillsborough St Apt 101
2 ba · 1,350 ft²
$407K
1001 Hillsborough St # 102
2 ba · 1,323 ft²
$391K
1001 Hillsborough St Apt 103
2 ba · 1,323 ft²
$478K
1001 Hillsborough St Apt 104
2 ba · 1,323 ft²
$456K
1001 Hillsborough St Apt 105
2 ba · 1,429 ft²
$469K
1001 Hillsborough St Apt 201
2 ba · 1,350 ft²
$448K
1001 Hillsborough St Apt 202
2 ba · 1,323 ft²
$381K
1001 Hillsborough St Apt 203
2 ba · 1,323 ft²
$479K
1001 Hillsborough St Apt 204
2 ba · 1,323 ft²
$427K
1001 Hillsborough St Apt 205
2 ba · 1,429 ft²
$468K
1001 Hillsborough St Apt 301
2 ba · 1,350 ft²
$461K
1001 Hillsborough St Apt 302
2 ba · 1,323 ft²
$495K
1001 Hillsborough St Apt 303
2 ba · 1,323 ft²
$414K
1001 Hillsborough St Apt 304
2 ba · 1,323 ft²
$414K
1001 Hillsborough St Apt 305
3 ba · 1,429 ft²
$446K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 1001 Hillsborough St

How many units are in 1001 Hillsborough St, Raleigh, NC?

1001 Hillsborough St, Raleigh, NC has 16 residential units across 3 floors, built in 2003, according to county assessor records.

What is a unit at 1001 Hillsborough St, Raleigh, NC worth?

The median TopHap Estimate across the 16 units at 1001 Hillsborough St, Raleigh, NC is $447,246. That works out to $325 per square foot. Units run from 1,323 to 1,944 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 1001 Hillsborough St, Raleigh, NC expensive for Raleigh?

Units at 1001 Hillsborough St, Raleigh, NC carry a median of $325 per square foot, 57% above the Raleigh median of $207 per square foot.

How often do units sell at 1001 Hillsborough St, Raleigh, NC?

2 units at 1001 Hillsborough St, Raleigh, NC sold in the last 12 months, out of 39 recorded arms-length sales all time. That is a turnover rate of 12.5% of the building per year. The median sale over that period was $421K.

Have units at 1001 Hillsborough St, Raleigh, NC appreciated?

Across 20 repeat sales of the same unit, 1001 Hillsborough St, Raleigh, NC returned a median 2.6% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 7.4 years.

What floor plans does 1001 Hillsborough St, Raleigh, NC have?

The most common plan at 1001 Hillsborough St, Raleigh, NC is a 0-bedroom of 1,323 square feet, repeated 9 times, with a median estimate of $427,455. TopHap identifies 3 recurring plans in the building.

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