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Sold for $385,000
  • $385,000

    1403 Governors Ct, Raleigh, NC 27604

    2beds
    1,136sqft
    Townhouse
    Built in 1982
    871 Square Feet Lot
    $383,000 Zestimate®
    $339/sqft
    $2,092 Estimated rent

    Home value

    $383,000

    $364,000 - $402,000

    $2,092/mo

    Zestimate® history
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    What's special

    This move-in ready Mordecai brick townhome offers the perfect blend of charm, convenience, and low-maintenance living just moments from Mordecai, Oakwood, and the vibrant North Person Street district. Fresh new carpet (2026) and an exceptionally well-maintained interior create a turnkey opportunity in one of Downtown Raleigh's most connected locations. Inside, the main level is warm and inviting with hardwood floors, 9-foot ceilings, crown molding, and a classic wood-burning fireplace anchoring the living space. The kitchen offers granite countertops, tile flooring, generous prep space, and a complete appliance package including refrigerator, washer, and dryer, making everyday living beautifully effortless. Upstairs, two spacious en-suite bedrooms provide flexibility for guests, roommates, or work-from-home living, each with its own private bath. An upper-level laundry area adds convenience, while the rear deck and exterior storage create the perfect extension for outdoor living, bikes, and seasonal gear. Two assigned parking spaces included. Right down the street from some of Raleigh's favorite local destinations including Crawford & Son, Standard Beer + Food, William & Company, Oakwood Pizza Box, Tap Yard, and Iron Works, all while remaining convenient to Downtown Raleigh, Midtown, and everywhere in the Triangle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Frank DeRonja 919-669-7993,

    Corcoran DeRonja Real Estate

    Bought with:

    Libby Talley, 325023

    Keller Williams Elite Realty

    Source: Doorify MLS,MLS#: 10169601MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    • Area: 160.08 Square Feet
    • Dimensions: 13.8 x 11.6
    Bedroom 2
    • Level: Second
    • Area: 146.9 Square Feet
    • Dimensions: 13 x 11.3
    Other
    • Level: Main
    • Area: 14 Square Feet
    • Dimensions: 4 x 3.5
    Family room
    • Level: Main
    • Area: 172 Square Feet
    • Dimensions: 17.2 x 10
    Kitchen
    • Level: Main
    • Area: 99.18 Square Feet
    • Dimensions: 11.4 x 8.7
    Other
    • Description: Dining Area
    • Level: Main
    • Area: 78.3 Square Feet
    • Dimensions: 9 x 8.7
    Heating
    • Forced Air, Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Dryer, Disposal, Dishwasher, Electric Water Heater, Free-Standing Electric Range, Free-Standing Refrigerator, Range Hood, Self Cleaning Oven, Washer
    • Laundry: Laundry Closet, Upper Level
    Features
    • Ceiling Fan(s), Crown Molding, Entrance Foyer, Granite Counters, Walk-In Closet(s), Living/Dining Room Combination, Second Primary Bedroom, Bathtub/Shower Combination
    • Flooring: Carpet, Hardwood, Tile
    • Doors: French Doors, Storm Door(s)
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,136
    • Total interior livable area: 1,136 sqft
    • Finished area above ground: 1,136
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Asphalt, Assigned, Paved
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Front Porch
    • Exterior features: Rain Gutters, Storage
    Lot
    • Size: 871 Square Feet
    Details
    • Parcel number: 1714051446
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Brick Veneer, Masonite
    • Foundation: Block, Permanent, Crawlspace
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Governors Townes
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Maintenance Structure, Road Maintenance
    • HOA fee: $195 monthly
    • HOA name: Encore Property Management
    • HOA phone: 919-324-3829
    Location
    • Region: Raleigh

    Financial & listing details

    • Price per square foot: $339/sqft
    • Tax assessed value: $400,263
    • Annual tax amount: $3,511
    • Date on market: 5/26/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership type: Townhouse
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/19/2026Sold$385,000-3.7%$339/sqft
    Source: Doorify MLS #10169601 Report a problem
    7/21/2026Pending sale$399,900$352/sqft
    Source: Doorify MLS #10169601 Report a problem
    7/8/2026Price change$399,900-2.4%$352/sqft
    Source: Doorify MLS #10169601 Report a problem
    5/26/2026Listed for sale$409,900$361/sqft
    Source: Doorify MLS #10169601 Report a problem
    5/26/2026Listing removed$409,900$361/sqft
    Source: Doorify MLS #10152891 Report a problem
    4/28/2026Price change$409,900-1.2%$361/sqft
    Source: Doorify MLS #10152891 Report a problem
    4/7/2026Price change$414,900-1.2%$365/sqft
    Source: Doorify MLS #10152891 Report a problem
    3/14/2026Price change$419,900-1.2%$370/sqft
    Source: Doorify MLS #10152891 Report a problem
    2/6/2026Price change$424,900-1.2%$374/sqft
    Source: Doorify MLS #10114790 Report a problem
    10/8/2025Price change$429,900-2.1%$378/sqft
    Source: Doorify MLS #10114790 Report a problem
    9/29/2025Price change$439,000-1.3%$386/sqft
    Source: Doorify MLS #10114790 Report a problem
    9/2/2025Price change$445,000-1.1%$392/sqft
    Source: Doorify MLS #10114790 Report a problem
    8/8/2025Listed for sale$450,000+109.3%$396/sqft
    Source: Doorify MLS #10114790 Report a problem
    7/17/2015Sold$215,000-2.7%$189/sqft
    Source: Public Record Report a problem
    6/11/2015Pending sale$221,000$195/sqft
    Source: Berkshire Hathaway HomeServices Carolinas Realty #2005951 Report a problem
    5/6/2015Listed for sale$221,000+5.7%$195/sqft
    Source: Berkshire Hathaway HomeServices YSU #2005951 Report a problem
    9/26/2014Listing removed$209,000$184/sqft
    Source: Rich Realty Group, Inc #1969578 Report a problem
    9/10/2014Listed for sale$209,000-2.6%$184/sqft
    Source: Rich Realty Group, Inc Report a problem
    8/19/2010Listing removed$214,500$189/sqft
    Source: RealEstateShows.com #1661822 Report a problem
    1/7/2010Listed for sale$214,500+4.6%$189/sqft
    Source: RealEstateShows.com #1661822 Report a problem
    11/17/2009Sold$205,000-4.4%$180/sqft
    Source: Public Record Report a problem
    9/13/2009Listed for sale$214,500-6.7%$189/sqft
    Source: RE/Max United #1661822 Report a problem
    5/1/2009Listing removed$230,000$202/sqft
    Source: Listhub #1659654 Report a problem
    4/29/2009Listed for sale$230,000+9.5%$202/sqft
    Source: Listhub #1659654 Report a problem
    5/30/2007Sold$210,000$185/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,511 +0.4%$400,263
    2024$3,496 +16.2%$400,263 +45.9%
    2023$3,010 +7.6%$274,291
    2022$2,797 +4%$274,291
    2021$2,689 +1.8%$274,291
    2020$2,640 +5.2%$274,291 +27.7%
    2019$2,510 $214,857
    2018$2,510 +11.3%$214,857
    2017$2,255 +2.1%$214,857
    2016$2,209 -2.6%$214,857 -1.1%
    2015$2,269 +5.4%$217,187
    2014$2,152 $217,187
    2013-- $217,187
    2012-- $217,187
    2011-- $217,187
    2010-- $217,187
    2009-- $217,187
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: Mordecai

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Conn Elementary
    • Middle: Wake - Oberlin Middle
    • High: Wake - Needham Broughton High

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $383,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $383,000