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TownhouseResidential
$462,045$188 / 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 92How 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 $296,000 on Jun 20, 2017

654 DEMOCRACY ST

RALEIGH, NC 27603
3
Baths
2,452 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.
2,614 ft²
Lot SizeThe size of the land the home sits on, from county records.
2007
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$462K
$427K low$497K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$296,000 · Jun 20, 2017
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.$315,045
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$252,036
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.31%
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.$147,000
RESIDENTIAL MTG · recorded Jun 20, 2017

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,683 (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.$419,983 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$80,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$339,983
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$419,983
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$419,983

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.24
62
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
17
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.26 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.Townhouse
StyleThe architectural style of the home, such as ranch or colonial.Townhouse
CountyWake
Lot (acres)The size of the land the home sits on, from county records.0.06
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
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 100 ft²Porch · 244 ft²

Transaction History(3)

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
Smith Magnet Elementary SchoolC+
Elementary · Grades PK–5 · 1.9 mi
H
Garner Magnet High SchoolC+
High · Grades 9–12 · 2.3 mi
M
North Garner Magnet Middle SchoolD+
Middle · Grades 6–8 · 3.0 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.62,816
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.$112,306
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

654 Democracy St 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 more than 85% of homes in Southwest Raleigh
  • Costs less per square foot than 80% of homes in Southwest Raleigh
  • Bigger than 91% of homes in Southwest Raleigh
  • Has a smaller lot than 87% of homes in Raleigh 27603
  • Newer than 78% of homes in Southwest Raleigh

What homes are worth in Raleigh 27603

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

This home
$193K$948K

This home is worth more than 64% of homes in Raleigh 27603.

How it measures up in Raleigh 27603

The dot is this home. The mark in the middle is the typical home in Raleigh 27603.

Estimated value$462,045
CheaperTypical $405,986Pricier

Pricier than 64% of homes nearby

Price per ft²$188
CheaperTypical $219Pricier

Pricier than 22% of homes nearby

Living area2,452 ft²
SmallerTypical 1,813 ft²Bigger

Bigger than 75% of homes nearby

Lot size2,614 ft²
SmallerTypical 0.5 acBigger

Bigger than 13% of homes nearby

Year built2007
OlderTypical 2000Newer

Newer than 74% of homes nearby

How 654 Democracy St ranks against every home in each area.
MeasureThis homeSouthwest RaleighRaleigh 27603Wake County
Estimated valuepricier than$462,04585% of homes64% of homes47% of homes
Price per ft²pricier than$18820% of homes22% of homes20% of homes
Living areabigger than2,452 ft²91% of homes75% of homes63% of homes
Lot sizebigger than2,614 ft²29% of homes13% of homes15% of homes
Year builtnewer than200778% of homes74% of homes68% of homes

About 654 Democracy St

How much is 654 Democracy St, Raleigh, NC worth?

The TopHap Estimate for 654 Democracy St, Raleigh, NC is $462,045 as of Jul 14, 2026. The likely range is $426,702 to $497,388. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 654 Democracy St, Raleigh, NC last sell?

654 Democracy St, Raleigh, NC last sold on Jun 20, 2017 for $296,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 654 Democracy St, Raleigh, NC?

654 Democracy St, Raleigh, NC has 3 bathrooms, 2,452 square feet of living space and a 0.06-acre lot.

When was 654 Democracy St, Raleigh, NC built?

654 Democracy St, Raleigh, NC was built in 2007, making it 19 years old. It is a townhouse home. The building has 2 stories.

What schools serve 654 Democracy St, Raleigh, NC?

654 Democracy St, Raleigh, NC is assigned to Smith Magnet Elementary School (elementary), rated C+; Garner Magnet High School (high), rated C+; North Garner Magnet Middle School (middle), rated D+. All sit in Wake County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 654 Democracy St, Raleigh, NC compare to other homes in Raleigh 27603?

Among the 18,307 homes in Raleigh 27603, it is worth more than 64% of them ($462,045 against a typical $405,986), its price per square foot is higher than 22% of them ($188 against a typical $219), it is bigger than 75% of them (2,452 ft² against a typical 1,813 ft²), its lot is bigger than 13% of them (2,614 ft² against a typical 0.5 ac) and it is newer than 74% of them (2007 against a typical 2000). Measured against all of Wake County, it is worth more than 47% 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 654 Democracy St, Raleigh, NC?

The 2025 property tax bill for 654 Democracy St, Raleigh, NC was $3,683. The county assessed it at $419,983.

Closest homes

More homes in Raleigh 27603

Assigned schools

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