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CondominiumResidential
$239,587$247 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 85How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $125,000 on May 27, 2005

508 S PERSON ST APT 101

RALEIGH, NC 27601
Building report
2
Baths
970 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
436 ft²
Lot SizeThe size of the land the home sits on, from county records.
2002
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$240K
$203K low$276K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$125,000 · May 27, 2005
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$135,787
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$108,630
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.43%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$103,800
JPMORGAN CHASE BANK NA · recorded Mar 31, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,291 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$347,988 (2025)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$347,988
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$347,988
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$347,988

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.19
40
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
11
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.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
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.Raised (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
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.

M
Moore Square Magnet Middle SchoolB-
Middle · Grades 6–8 · 0.2 mi
H
Broughton Magnet High SchoolA-
High · Grades 9–12 · 1.5 mi
E
Joyner Magnet Elementary SchoolC
Elementary · Grades PK–5 · 2.8 mi

District: Wake County Schools

Neighborhood · ZIP 27601These 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.186
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.78
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.47

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.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.10,490
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,744 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$79,242
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$121,364
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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

How this home compares

508 S Person St Apt 101 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 97% of homes in Raleigh 27601
  • Costs less per square foot than 90% of homes in Raleigh 27601
  • Smaller than 98% of homes in Wake County
  • Among the smallest lots in Wake County

What homes are worth in Raleigh 27601

Each bar is how many homes fall in that price range. The marker is this home.

This home
$222K$1.4M

This home is worth more than 3% of homes in Raleigh 27601.

How it measures up in Raleigh 27601

The dot is this home. The mark in the middle is the typical home in Raleigh 27601.

Estimated value$239,587
CheaperTypical $494,834Pricier

Pricier than 3% of homes nearby

Price per ft²$247
CheaperTypical $371Pricier

Pricier than 10% of homes nearby

Living area970 ft²
SmallerTypical 1,408 ft²Bigger

Bigger than 15% of homes nearby

Lot size436 ft²
SmallerTypical 0.12 acBigger

Bigger than 5% of homes nearby

Year built2002
OlderTypical 1995Newer

Newer than 56% of homes nearby

How 508 S Person St Apt 101 ranks against every home in each area.
MeasureThis homeCentral RaleighRaleigh 27601Wake County
Estimated valuepricier than$239,5876% of homes3% of homes5% of homes
Price per ft²pricier than$24721% of homes10% of homes62% of homes
Living areabigger than970 ft²20% of homes15% of homes2% of homes
Lot sizebigger than436 ft²6% of homes5% of homesalmost no homes
Year builtnewer than200250% of homes56% of homes53% of homes

About 508 S Person St Apt 101

How much is 508 S Person St Apt 101, Raleigh, NC worth?

The TopHap Estimate for 508 S Person St Apt 101, Raleigh, NC is $239,587 as of Jul 14, 2026. The likely range is $203,378 to $275,796. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 508 S Person St Apt 101, Raleigh, NC last sell?

508 S Person St Apt 101, Raleigh, NC last sold on May 27, 2005 for $125,000, according to the county's recorded deed.

How big is 508 S Person St Apt 101, Raleigh, NC?

508 S Person St Apt 101, Raleigh, NC has 2 bathrooms and 970 square feet of living space.

When was 508 S Person St Apt 101, Raleigh, NC built?

508 S Person St Apt 101, Raleigh, NC was built in 2002, making it 24 years old. It is a condo/apartment home. The building has 1 story.

What schools serve 508 S Person St Apt 101, Raleigh, NC?

508 S Person St Apt 101, Raleigh, NC is assigned to Moore Square Magnet Middle School (middle), rated B-; Broughton Magnet High School (high), rated A-; Joyner Magnet Elementary School (elementary), rated C. All sit in Wake County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 508 S Person St Apt 101, Raleigh, NC compare to other homes in Raleigh 27601?

Among the 2,654 homes in Raleigh 27601, it is worth more than 3% of them ($239,587 against a typical $494,834), its price per square foot is higher than 10% of them ($247 against a typical $371), it is bigger than 15% of them (970 ft² against a typical 1,408 ft²), its lot is bigger than 5% of them (436 ft² against a typical 0.12 ac) and it is newer than 56% of them (2002 against a typical 1995). Measured against all of Wake County, it is worth more than 5% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 508 S Person St Apt 101, Raleigh, NC?

The 2025 property tax bill for 508 S Person St Apt 101, Raleigh, NC was $3,291. The county assessed it at $347,988.

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Assigned schools

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