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CondominiumResidential

1062 Washington St

RALEIGH, NC 27605
1988
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 19852 floors9 units985–985 ft²
$3.1M
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.
$346K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$352
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+4.2%vs the Raleigh ZIP median sale $/ft² ($338)

Sales Performance

—
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.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
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.
+3.2%per yeartypical hold 6.6 yrsfrom 6 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
20012003200520072015201620192021
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
20012003200520072015201620192021

12 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.

Studio
9 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 · 985 ft²
8 units
One-off layouts
1 unit

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.

$322K–$327K
3 units
$335K–$335K
1 unit
$346K–$348K
2 units
$365K–$365K
1 unit
$375K–$380K
2 units

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
$352/ft²
Floor 2
$359/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.44%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.44%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.7.1 yrs
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.44%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$346,190
Median tax billThe middle annual property tax bill among the building's units.$2,992
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 101Jun 24, 2021$317,500Unit 102Apr 22, 2021$325,000Unit 202Oct 11, 2019$272,500Unit 201Aug 23, 2019$305,000Unit 102Sep 30, 2016$205,000Unit 101Sep 22, 2016$220,000Unit 203Jun 3, 2015$205,000Unit 202Jun 4, 2008$214,000Unit 203Jan 22, 2007$195,000Unit 204Mar 30, 2005$183,000

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.12
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
15
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
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyWAKE
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

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

H
Broughton Magnet High SchoolA-
High · Grades 9–12 · 0.3 mi
E
Wiley Magnet Elementary SchoolB
Elementary · Grades PK–5 · 0.7 mi
M
Oberlin Magnet Middle SchoolA-
Middle · Grades 6–8 · 1.4 mi

District: Wake County Schools

Neighborhood · ZIP 27605These 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.164
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
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.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.40%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.6,700
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,403 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,647
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$108,979
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.

1062 Washington St # Mc
$327K
1062 Washington St Unit 101
2 ba · 985 ft²
$327K
1062 Washington St Unit 102
2 ba · 985 ft²
$348K
1062 Washington St Unit 103
2 ba · 985 ft²
$365K
1062 Washington St Unit 104
2 ba · 985 ft²
$346K
1062 Washington St Unit 201
2 ba · 985 ft²
$375K
1062 Washington St Unit 202
2 ba · 985 ft²
$322K
1062 Washington St Unit 203
2 ba · 985 ft²
$335K
1062 Washington St # 204
2 ba · 985 ft²
$380K

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

About 1062 Washington St

How many units are in 1062 Washington St, Raleigh, NC?

1062 Washington St, Raleigh, NC has 9 residential units across 2 floors, built in 1985, according to county assessor records.

What is a unit at 1062 Washington St, Raleigh, NC worth?

The median TopHap Estimate across the 9 units at 1062 Washington St, Raleigh, NC is $345,627. That works out to $352 per square foot. Units run from 985 to 985 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 1062 Washington St, Raleigh, NC expensive for Raleigh?

Units at 1062 Washington St, Raleigh, NC carry a median of $352 per square foot, 4% above the Raleigh median of $338 per square foot.

How often do units sell at 1062 Washington St, Raleigh, NC?

0 units at 1062 Washington St, Raleigh, NC sold in the last 12 months, out of 12 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 1062 Washington St, Raleigh, NC appreciated?

Across 6 repeat sales of the same unit, 1062 Washington St, Raleigh, NC returned a median 3.2% 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 6.6 years.

What floor plans does 1062 Washington St, Raleigh, NC have?

The most common plan at 1062 Washington St, Raleigh, NC is a 0-bedroom of 985 square feet, repeated 8 times, with a median estimate of $346,869. TopHap identifies 1 recurring plans in the building.

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