8 days on rocket

1240 Teakwood Pl, Raleigh, NC, 27606

$225,000

Home List Price

$2,672*

Closing Credit

2 Bedrooms
2 Full Baths, 2 Partial
1,082 SqFt
$208/SqFt
Condo

Location

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1240 Teakwood Pl, Raleigh$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1972
HeatingForced Air
CoolingCentral Air
MLS #10066599
StatusActive

About 1240 Teakwood Pl

Beautifully refreshed 2BR townhome style condo available in popular Driftwood Manor Condos! New flooring and paint throughout! New stove/microwave condo and new dishwasher and kitchen. Bright and airy! Upstairs features jack and jill bathrooms between bedrooms. Conveniently located near 440, downtown Raleigh, Cary, NC State Fairgrounds, NC State, Meredith College and more! Property ''as-is''

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1972
  • Living Area: 1,082 SqFt

Listing Office:

  • Office Name: TradeMark Residential
  • Office Phone: (919) 510-4010
  • Listing Agent: Summer Hunt-Goldstein

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From 440 take Western Blvd. toward Cary. Left on Deboy. Left on Schaub. Right on Teakwood.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $208/SqFt

HOA Fees:

  • Amount: $266
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,060
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

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Raleigh, NC

City

Med. Sold Price

$448.4K

Med. Price/SqFt

$234

Avg. Days On Market

42

# of Sold Homes

425

1240 Teakwood Pl vs Raleigh

8 DAYS ON ROCKET

-34 Days

$225,000

-$223.4K Less

$208/SqFt

-$26 Less

KEY TAKEAWAY

This property is $223.4K less than the Median Sold Price and $26/SqFt less than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Doorify MLS
  • MLS Number: #10066599

Listing Office:

  • Office Name: TradeMark Residential
  • Office Phone: (919) 510-4010
  • Listing Agent: Summer Hunt-Goldstein

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.

Properties subject to prior sale, change, withdrawal or rental. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,060$106,874
2020$917$106,874
2019$562$58,876
2018$537$58,876

History based on county public records data.

Payment Calculator

$1,456

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4271408
6
/10

  • Combs Magnet Elementary School

  • 2001 Lorimer Rd

  • 0.70 miles

  • Public Magnet Grades PK-5

school-card-donut-4271409
4
/10

  • Olds Elementary School

  • 204 Dixie Trl

  • 1.75 miles

  • Public District Grades PK-5

school-card-donut-4271410
2
/10

  • Dillard Drive Elementary School

  • 5018 Dillard Dr

  • 2.44 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,527. Typical income of Raleigh, NC residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 Teakwood Pl

What is the listing price of this property?

The listing price of 1240 Teakwood Pl property is $225,000.

What type of property is this?

The property 1240 Teakwood Pl is a condo located in Raleigh, North Carolina, 27606.

Is this property for sale now?

Active Listing: 1240 Teakwood Pl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,060 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1240 Teakwood Pl has 2 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 1240 Teakwood Pl is 1,082 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1240 Teakwood Pl is 1972.

Rocket Homes›North Carolina›Wake County›Raleigh›27606›1240 Teakwood Pl

This home is located at 1240 Teakwood Pl in Raleigh, NC and zip code 27606 in the West Raleigh neighborhood. This 1,082 square foot home was built in 1972. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 09, 2024 and is currently priced at $225,000.

In November 2024, from all listings sold in Raleigh, NC there were more than 67 sold above asking price, over 257 sold below and more than 101 were sold right at the asked price. The number of listings in Raleigh, NC decreased by 9.7% between October 2024 and November 2024. In November 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $448,424.

From Rocket Homes Real Estate and based on county public records data.

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