Homes/North Carolina/Raleigh/620 Walnut Heights Dr #103
CompCasa Property Analysis · condo

620 Walnut Heights Dr #103

Three-Level Modern Condo with Rooftop Deck and Private Garage

New-construction 3BR/2.5BA condo minutes from downtown Raleigh

3 beds2.5 baths1,600 sq ftBuilt 20251-car attached
CompCasa valuation analysis
Estimated market value
$450,000
Low $440,000 · Midpoint $450,000 · High $460,000
Confidence85%Sales comparison approach
Last recorded sale$450,000Nov 6, 2025
CompCasa estimate$450,000Mar 7, 2026
Estimate vs. last recorded sale+$0 / +0.0%
$440,000$450,000 midpoint$460,000
Price / sq ft$281
Median sale price$450,000
Avg days on market76 days
Inventory3.5 months

Sales comparison approach using recent listings and sales within the South Heights development. Adjusted for unit size, features, and market conditions.

About the property

Three-Level Modern Condo with Rooftop Deck and Private Garage

What sets this South Heights residence apart is its private rooftop deck—an elevated spot for skyline views of downtown Raleigh that turns evenings into events. Unit 103 occupies three thoughtful levels of new construction (2025), offering 1,600 square feet of contemporary living with a private front entry and a one-car attached garage. The paver-street community feels composed and urban at once, a short hop to restaurants and cultural venues but designed for low-maintenance everyday life.

Inside, wide-plank flooring runs through an open main level where a chef-forward kitchen anchors entertaining. Quartz countertops and stainless steel appliances frame generous prep space; adjacent living areas provide room for a full dining table and a lounge setup without crowding the flow. The thoughtful layout places convenience where it’s needed—powder room on the entry level, primary and secondary bedrooms arranged for privacy, and modern mechanicals (central heating and cooling) for year-round comfort.

Upstairs reveals the rooftop deck, a distinctive extension of the home that captures downtown light and seasonal breezes. Whether you’re hosting friends for a sunset gathering or settling in with a book, that private outdoor room dramatically expands usable living space without the upkeep of a yard. The finishes throughout reflect current tastes: clean lines, durable materials (fiber cement construction), and practical choices like a rubber roof for longevity.

Buyers who want urban access without sacrificing a sense of individual ownership will appreciate the balance here. South Heights sits about 1.5 miles from the heart of downtown Raleigh—walks to coffee, a short bike ride to Red Hat Amphitheater, and quick drives to Pullen Park or NC State. The association fee ($270/month) covers routine exterior maintenance so you can lock up and leave for weekends without worry. With strong nearby schools and proven rental demand in the development, Unit 103 appeals to owner-occupants and investors alike.

This condo is vacant and move-in ready, priced competitively at $450,000. It’s a smart option for someone who values modern finishes, private outdoor space, and immediate access to the city’s best amenities—all packaged in a low-maintenance, newly built community.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$499,000
Property address620 Walnut Heights Dr #101, Raleigh, NC 27610
3 bed2.5 bath1,600 sq ftBuilt 20250 mi$312/SF
Sold Oct 2, 2025
Subject difference
  • Same living area
  • Same year built
Research comparison noteSimilar unit within the same development; sold recently.
02Sold price$510,000
Property address611 Walnut Heights Dr #103, Raleigh, NC 27610
3 bed2.5 bath1,600 sq ftBuilt 20250.1 mi$318/SF
Sold Sep 18, 2025
Subject difference
  • Same living area
  • Same year built
Research comparison noteComparable unit in adjacent building; similar features and size.
Comp methodology: Comparable sales and rentals were selected from within the same development to ensure consistency in features, size, and market conditions.
Property details

A 2025 modern transitional.

Building

Year built2025
ConstructionFiber Cement
RoofRubber
Heatingcentral
Coolingcentral air

Site & utilities

Garage1-car attached
Stories3
ConditionNew
BasementNone
FireplaceNo
Improvement notesModern design with wide-plank flooring, quartz countertops, stainless steel appliances, and rooftop deck
TopographyLevel
ParkingAttached Garage
Parking spaces1
Parking notes1-car attached garage
AccessDirect access from private front door and attached garage
WaterPublic
SewerPublic
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

South Heights

Researched nearby locations

Downtown Raleigh (1.5 mi)
North Carolina State University (3 mi)
Pullen Park (2 mi)
Raleigh City Market (1.7 mi)
Red Hat Amphitheater (1.8 mi)

Location

620 Walnut Heights Dr #103, Raleigh, NC 27610

View in Google Maps
Editorial neighborhood context

South Heights blends urban convenience with a residential calm—paver streets and thoughtfully scaled buildings create a village-like feel a short distance from downtown Raleigh. Weekday routines can include quick trips to nearby cafes and restaurants, while weekends offer easy access to Pullen Park, Raleigh City Market, and frequent live events at Red Hat Amphitheater. The area attracts young professionals and families who value walkability, strong nearby schools, and straightforward access to downtown’s cultural and employment hubs.

Nearby access summary

Excellent access to urban recreation: Pullen Park and Raleigh City Market within 2 miles, Red Hat Amphitheater and downtown cultural venues under 2 miles, and university recreational facilities about 3 miles away.

ElementaryFuller Elementary (6/10)
Middle schoolCarnage Middle (10/10)
High schoolNeedham Broughton High (7/10)
School districtWake County Public School System
Market context

A factual market snapshot around 620 Walnut Heights Dr #103.

Median sale price$450,000
Avg days on market76 days
Inventory3.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

The South Heights pocket of Raleigh currently reflects a balanced-to-leaning-seller market: inventory sits at roughly 3.5 months and average days on market are about 76, indicating steady demand without the extreme scarcity that pushes prices rapidly higher. Median sale price in the area is near $450,000, and the neighborhood has seen approximately 5% appreciation in the past year and about 25% over five years. Recent unit sales within the same development traded in the high $400Ks to low $500Ks, giving strong local comps for valuation.

For condominium buyers, this environment suggests opportunity—prices are aligned with comparable new units and rental demand is solid. Lease comps show rents around $2,200–$2,250/month (roughly $1.38–$1.41/sf), producing a gross rental yield near 5.9% based on the current list price. Investors will also note that community rules permit both short- and long-term rentals, broadening revenue options. Trade-offs to consider: HOA dues of $270/month and estimated annual taxes near $4,000 affect net returns and ownership cost.

Overall, this is a measured market where well-priced, turnkey new-construction condos—especially those with private outdoor space and attached parking—move steadily. Buyers seeking proximity to downtown Raleigh with low maintenance obligations should consider acting while inventory remains moderate and rental fundamentals hold.

Zoning & land use

Residential-10

Zoning

Zoning codeR-10
DescriptionResidential-10
JurisdictionCity of Raleigh
Assessor useCondominium
Current useResidential

Research-indicated uses

  • Single Family
  • Multi Family
  • Townhouse
  • Condominium
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Annual property tax$4,000
Tax year2025

Sale history

2025-04-26$499,000 · $312/SF
2025-10-02$485,000 · $303/SF
2025-11-06$450,000 · $281/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,200/mo
Property address620 Walnut Heights Dr #102, Raleigh, NC 27610
3 bed2.5 bath1,600 sq ft$1.38/SF
Leased Dec 1, 2025
Subject difference
  • Same living area
Research comparison noteIdentical unit leased recently; provides direct rental comparison.
02Monthly rent$2,250/mo
Property address615 Walnut Heights Dr #104, Raleigh, NC 27610
3 bed2.5 bath1,600 sq ft$1.41/SF
Leased Nov 15, 2025
Subject difference
  • Same living area
Research comparison noteSimilar unit with rooftop deck; slightly higher rent due to view.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Listed at $450,000 ($281 per square foot)
  • Comparable unit sold for $499,000 in October 2025
  • Located in South Heights development with paver road system
  • 1.5 miles from downtown Raleigh
  • HOA fees are $270 per month
  • Annual property taxes estimated at $4,000

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm HOA fees and inclusions
  • Verify property tax assessment details
  • Review community rental policies and restrictions
  • Assess potential noise levels due to proximity to downtown
Highlights & features

What stands out about this property.

Interior Features

  • 1,600 sq ft across three levels
  • 3 bedrooms, 2.5 bathrooms
  • Wide-plank flooring throughout main living areas
  • Quartz countertops
  • Stainless steel appliances
  • Open-plan living and dining
  • Central heating and air
  • Chef-style kitchen

Exterior & Lot

  • Private rooftop deck with downtown views
  • Attached 1-car garage
  • Private front entrance
  • Fiber cement construction
  • Paver-street community
  • Low-maintenance condo ownership

Location & Neighborhood

  • 1.5 miles to Downtown Raleigh
  • Pullen Park ~2 miles
  • Raleigh City Market ~1.7 miles
  • Red Hat Amphitheater ~1.8 miles
  • North Carolina State University ~3 miles
  • South Heights neighborhood character

Walkability & Recreation

  • Walkability Rating: 75/100 — Some errands on foot
  • Pullen Park (2 miles) — playgrounds and green space
  • Raleigh City Market (1.7 miles) — weekend events
  • Red Hat Amphitheater (1.8 miles) and downtown venues
  • North Carolina State University recreational facilities (3 miles)
  • Neighborhood sidewalks and paver streets for local strolls
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
MLS listing for 620 Walnut Heights Dr #103View source
2
Compass listing for 620 Walnut Hts Dr Unit 103View source
3
Redfin listing for 620 Walnut Heights Dr #103View source
4
Zillow listing for 620 Walnut Heights Dr #103View source
5
GreatSchools profile for Fuller ElementaryView source
6
GreatSchools profile for Carnage Middle SchoolView source
7
GreatSchools profile for Needham Broughton High SchoolView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.