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1404 Governors Ct, Raleigh, NC, 27604

2beds
3baths
1,133sqft
$385,000
$340price/sqft
$2,575/moest. monthly cost
$103,000/yrincome needed

About This Home

Tucked away in an exclusive cul-de-sac of just two buildings, this cozy, timeless residence offers the perfect blend of character, comfort, and convenience. The townhome features two bedrooms with ensuite bathrooms, spread across 1,133 square feet. This home is ideal for those who value both style and function. Step inside to find timeless details like crown molding, hardwood floors, a cozy brick fireplace, and neutral paint throughout. The main level features a welcoming living room, a dining nook, and a thoughtfully updated kitchen with granite countertops, a bar for extra seating, and efficient use of space. Upstairs, both bedrooms offer the privacy of their own full bathrooms- perfect for guests or roommates. Outside, enjoy the ease of two designated parking spaces, a rare find this close to downtown. Located less than a mile from some of Raleigh's most beloved spots- Historic Mordecai Park, Oakwood Dog Park, The Optimist, Tap Yard, Stanbury, and Person Street Bar. You'll love how walkable and connected this home is. Whether you stroll to brunch or grab a quick Uber downtown, city living has never felt more peaceful. Investors- reach out about rental possibilities!

Getting Around

54
WalkingSomewhat Walkable
41
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

4/10
Conn ElementaryGrades PK-50.4 mi
6/10
Oberlin Middle SchoolGrades 6-82.0 mi
7/10
Needham Broughton HighGrades 9-121.4 mi

Construction

Condition

  • Year built: 1982

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Brick Veneer

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Townhouse,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range
  • Laundry features: Laundry Closet

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Bathtub/Shower Combination,Crown Molding,Granite Counters
  • Flooring: Carpet,Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,133
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 1,133
  • Total interior livable area: 1,133 sqft

Property

Details

  • Parcel number: 1714050368
  • Attached to another structure: Yes
  • Zoning: R-10
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Front Porch
  • Has view: Yes

Lot

  • Lot size: 871.20 sqft

Parking

  • Total spaces: 2
  • Parking features: Assigned
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Hail
Heat Wave
Tornado

FEMA Declared Disasters in Wake County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,946$23,352
Home Insurance *$153$1,836
Property Taxes $276$3,312
Electricity $200$2,405
Total$2,575$30,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,285/yr
40% on housing$77,250/yr
45% on housing$68,666/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$340This listing

vs Other Active Listings

Avg $/sqft

ZIP 27604$202
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27604$212
Wake County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-08Price change$399,000
2026-02-19Listed for sale$410,000
2026-02-17Listing removed$415,000
2026-01-14Price change$415,000
2025-11-06Price change$419,900
2025-10-02Listed for sale$425,000
2020-01-22Sold$289,000
2019-12-22Pending sale$289,000
2019-12-20Listed for sale$289,000
2007-06-01Sold$210,000

For Sale by Agent

AgentCristina Havens
BrokerageKeller Williams Realty Cary

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