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Condominium Development (Association Assessment)Residential
Last sold for $570,000 on Nov 20, 2025

741 BISHOPS PARK DR

RALEIGH, NC 27605
1.27 ac
Lot SizeThe size of the land the home sits on, from county records.
Built 19843 floors17 units1,094–2,731 ft²
$7.7M
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.
$464K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$344
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+4.1%vs the Raleigh ZIP median sale $/ft² ($330)

Sales Performance

$550K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+0.9%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
4
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
23.5%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+3.5%per yeartypical hold 8.9 yrsfrom 13 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20042006201220142019202220242026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20042006201220142019202220242026

29 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.
$368K$526K$685K$843K1,094 ft²1,421 ft²1,749 ft²2,076 ft²2,404 ft²2,731 ft²
Studio
Studio
17 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 · 1,204 ft²
3 units
Studio · 2 ba · 1,399 ft²
3 units
Studio · 2 ba · 1,545 ft²
3 units
Studio · 2 ba · 1,094 ft²
2 units
Studio · 2 ba · 1,445 ft²
2 units
One-off layouts
4 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.

$368K–$421K
5 units
$429K–$479K
6 units
$513K–$519K
2 units
$547K–$552K
2 units
$843K–$843K
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
$332/ft²
Floor 2
$348/ft²
Floor 3
$346/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 ·02
$362/ft²
Line ·01
$343/ft²
Line ·05
$334/ft²
Line ·04
$320/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.71%
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.6.6 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.30%
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.36%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$471,853
Median tax billThe middle annual property tax bill among the building's units.$3,835
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 201Aug 6, 2026$530,000Unit 304Jun 29, 2026$475,000Unit 105May 29, 2026$850,000BuildingNov 20, 2025$570,000Unit 204Apr 1, 2025$545,000Unit 104Aug 28, 2024$510,000Unit 102Aug 3, 2023$385,000Unit 301May 31, 2023$438,500Unit 102Apr 14, 2023$275,000Unit 201Aug 11, 2022$522,000

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 Development (Association Assessment)
CountyWake
Lot (acres)The size of the land the home sits on, from county records.1.27
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(1)

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.

H
Broughton Magnet High SchoolA-
High · Grades 9–12 · 0.4 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.

741 Bishops Park Dr
$382K
741 Bishops Park Dr Unit 101
2 ba · 1,299 ft²
$448K
741 Bishops Park Dr Unit 102
2 ba · 1,094 ft²
$368K
741 Bishops Park Dr Unit 103
2 ba · 1,234 ft²
$429K
741 Bishops Park Dr Unit 104
2 ba · 1,445 ft²
$465K
741 Bishops Park Dr # 105
2.5 ba · 2,731 ft²
$843K
741 Bishops Park Dr # 201
2 ba · 1,399 ft²
$547K
741 Bishops Park Dr Unit 202
2 ba · 1,094 ft²
$386K
741 Bishops Park Dr Unit 203
2 ba · 1,395 ft²
741 Bishops Park Dr Unit 204
2 ba · 1,545 ft²
$513K
741 Bishops Park Dr Unit 205
2 ba · 1,204 ft²
$413K
741 Bishops Park Dr Unit 206
2 ba · 1,445 ft²
$464K
741 Bishops Park Dr # 301
2 ba · 1,399 ft²
$410K
741 Bishops Park Dr Unit 302
2 ba · 1,204 ft²
$479K
741 Bishops Park Dr # 303
2 ba · 1,399 ft²
$519K
741 Bishops Park Dr # 304
2 ba · 1,545 ft²
$473K
741 Bishops Park Dr Unit 305
2 ba · 1,204 ft²
$421K
741 Bishops Park Dr Unit 306
2 ba · 1,545 ft²
$552K

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

About 741 Bishops Park Dr

How many units are in 741 Bishops Park Dr, Raleigh, NC?

741 Bishops Park Dr, Raleigh, NC has 17 residential units across 3 floors, built in 1984, according to county assessor records.

What is a unit at 741 Bishops Park Dr, Raleigh, NC worth?

The median TopHap Estimate across the 17 units at 741 Bishops Park Dr, Raleigh, NC is $464,407. That works out to $344 per square foot. Units run from 1,094 to 2,731 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 741 Bishops Park Dr, Raleigh, NC expensive for Raleigh?

Units at 741 Bishops Park Dr, Raleigh, NC carry a median of $344 per square foot, 4% above the Raleigh median of $330 per square foot.

How often do units sell at 741 Bishops Park Dr, Raleigh, NC?

4 units at 741 Bishops Park Dr, Raleigh, NC sold in the last 12 months, out of 29 recorded arms-length sales all time. That is a turnover rate of 23.5% of the building per year. The median sale over that period was $550K.

Have units at 741 Bishops Park Dr, Raleigh, NC appreciated?

Across 13 repeat sales of the same unit, 741 Bishops Park Dr, Raleigh, NC returned a median 3.5% 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 8.9 years.

What floor plans does 741 Bishops Park Dr, Raleigh, NC have?

The most common plan at 741 Bishops Park Dr, Raleigh, NC is a 0-bedroom of 1,204 square feet, repeated 3 times, with a median estimate of $421,445. TopHap identifies 5 recurring plans in the building.

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