When was property at 1409 Lions Way built and last sold?

The property at 1409 Lions Way was built in 1972 and last sold on Jul 13, 2020 for $560,000.

How much is this home worth?

The estimated value of the home located at 1409 Lions Way is $664,369.

What are some comparable homes to 1409 Lions Way?

There are currently no comparable homes to 1409 Lions Way.

Raleigh

27604

Lions Way

1409 Lions Way

$680,000

● House - Off Market

1409 Lions Way

Raleigh, NC 27604

3 Beds

2 Baths, 1 Half Bath

2,076 Ft²

$4,027

Est. Monthly

2.26%

Cap Rate

About This Property

Rare Downtown Raleigh gem with modern flair! Step into a dramatic foyer with soaring ceilings and a retro-inspired sunken living room with a see-through fireplace. Walls of windows flood the open floorplan with natural light. The gourmet kitchen features a waterfall island, single-bowl sink, gas range with hood, classic white cabinetry, and a bold black backsplash. Adjacent breakfast nook, spacious family room, and bonus area offer versatile living options. The main-level primary suite boasts a spa-like bath with large-format tile, dual sinks, and a walk-in closet. Laundry room conveniently located on the first floor. Upstairs includes two generous bedrooms and a full bath. Private patio leads to a 2-car garage. Prime location! Home across the street will begin renovations Fall 2025.

Unit Size

2,076 Ft²

Days on Market

Land Size

0.32 acres

Price per sqft

$337

Property Type

House

Property Taxes

$590

HOA Dues

Year Built

1972

Payment Calculator

Cap Rate Calculator

Last updated: 10 months ago (TMLS #10114300)

Price History

Date / Event	Date	Event
Jan 22, 2026	Sold	Premium
Sold
Dec 10, 2025	In contract	-
In contract
Nov 8, 2025	Price Decreased	$699,900 ↓ $25K (3.5%)
Price Decreased
Sep 20, 2025	Price Decreased	$725,000 ↓ $14K (1.9%)
Price Decreased
Sep 6, 2025	Price Decreased	$739,000 ↓ $10K (1.3%)
Price Decreased
Aug 16, 2025	Price Decreased	$749,000 ↓ $26K (3.4%)
Price Decreased
Aug 7, 2025	Listed by Compass -- Raleigh	$775,000
Listed by Compass -- Raleigh
Jul 20, 2020	Sold	Premium
Sold
Oct 11, 2019	Sold	Premium
Sold
Apr 24, 2019	Listed by Compass -- Raleigh	$274,900
Listed by Compass -- Raleigh

Property Highlights

Parking Available

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1972

Effective Year Built: 2020
Total Rooms: 7
Bedroom Count: 0
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 0
Construction Type: 0
Building Style: 21
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 0
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 7
Garage Square Area: 550
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 13,939

Total Building Area: 2,021
Building Area: 2,021
Building Area Measurement: E

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 2,021
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: LIONS WAY
Land Acres: 0000000320
Standard Land Use Code: 1001
County Land Use Code: 01
Legal Description 1: LO5 LIONS WAY BM1971-00411

Neighborhood

School District Name: Wake County Schools

Census Tract: 050500

Zoning

Zoning: R-4

Geography

Account Number: 0089627

District: 01
Parcel: 1714.14-44-0549 0089627
Lot: 5
Municipality: RALEIGH
Latitude: 35.7953
Longitude: -78.6154

Address

Full Address: 1409 Lions Way

Address - House Number: 1409
Address - Street Name: Lions
Address - Suffix Type: Way
State: NC
City Name: Raleigh
Carrier Code: C043
4-Digit Zip Code: 2320
Zip Code: 27604

Valuation

Tax

Tax Year: 2022

Tax Amount: $558,875

Appraisal Valuation

Standard Deviation: 0.1187

Valuation Date: Aug 31, 2022
Confidence Score: 87
Final Value: 844,475
High Value: 944,724
Low Value: 744,225

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $550,000

Market Land Value: $135,000
Market Improvement Value: $415,000

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $550,000
Assessed Land Value: $135,000
Assessed Improvements Value: $415,000

Sales

Current Sale Contract Date: Jul 13, 2020

Current Sale Recording Date: Jul 20, 2020
Current Sale Price:

Premium
Current Sale Document Type: 71
Previous Sale Recording Date: Oct 11, 2019
Previous Sale Contract Date: Oct 11, 2019
Previous Sale Amount: $229,000
Previous Sale Document Type: 68

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About East Raleigh

Stats & Trends

Median Asking:

$429,900

Sale Price/ft²

$302

Below Asking

0.04%

Average Days on Market

Average Home Size

1923 ft²

Average Home Age

33.5 years

Currently For Sale

61 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 823 Cotton Place, Raleigh, NC, 27601

$2,200 /mo

3 Beds
2 Baths
1,040 ft²

823 Cotton Place, Raleigh, NC, 27601 Listing by Tim Lehan

Unit for rent at 252 E Davie Street, Raleigh, NC, 27601

$2,100 /mo

2 Beds
2 Baths
1,157 ft²

252 E Davie Street #1, Raleigh, NC, 27601 Listing by Tricia Markulin

Unit for rent at 219 E South Street, Raleigh, NC, 27601

$2,195 /mo

3 Beds
2 Baths
1,350 ft²

219 E South Street, Raleigh, NC, 27601 Listing by Franchelle Stevens

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Dana Ellington, Compass -- Raleigh
Last Updated: 10 months ago
Data Source: TMLS, MLS# 10114300

Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

1409 Lions Way

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About East Raleigh

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions