2 months on rocket

725 Colonial Dr, Raleigh, NC, 27603

$309,000

Home List Price

$3,669*

Closing Credit

3 Bedrooms
2 Full Baths
1,350 SqFt
$229/SqFt
House

Location

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725 Colonial Dr, Raleigh$309,000

Buyer Closing Credits

$3,669*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Gravel
Year Built1960
HeatingCentral, Electric, Forced Air
CoolingCeiling Fan(s), Central Air, Electric
Private PoolYes
MLS #10055239
Lot Size0.48 Acres
StatusActive

About 725 Colonial Dr

Hard to find 3 bedroom/2 bath RANCH home with an AMAZING in-ground pool (liner replaced in 2023). Very private, completely fenced backyard with large deck and pool area ideal for entertaining and fun backyard parties. Master suite is split from the other 2 bedrooms. Newer flooring and carpet. 2-car carport and additional parking. Home is located at the end of Colonial Drive. Minutes from shopping and amenities along Old Stage and Timber Drive. NO HOA AND NO CITY TAXES.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, Traditional
  • Year Built: 1960
  • Living Area: 1,350 SqFt

Listing Office:

  • Office Name: C-A-RE Realty
  • Office Phone: (704) 565-0689
  • Listing Agent: Don Gomez

Interior Features

Interior Information:

  • Appliances: Microwave
  • Basement: No
  • Flooring Type: Carpet, Luxury Vinyl
  • Interior: Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Back Fence, Fence, Deck, Porch, Private Yard

Parking Information:

  • Attached Garage: No
  • Parking: Carport, Gravel

Lot Features

Lot Information:

  • Lot: Landscaped, Level
  • Lot Size: 0.48 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: South Saunders Street toward Garner, keep right onto Fayetteville Road toward Fuquay Varina, Left on Old Stage Road, Left onto Colonial Drive, take a slight right turn toward home

Price Information

Listing Price Info

Price Summary:

  • List Price: $309,000
  • Price Per SqFt: $229/SqFt

Tax Information:

  • Annual Amount: $1,129
  • 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

725 Colonial Dr vs Raleigh

81 DAYS ON ROCKET

+39 Days

$309,000

-$139.4K Less

$229/SqFt

-$5 Less

KEY TAKEAWAY

This property is $139.4K less than the Median Sold Price and $5/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: #10055239

Listing Office:

  • Office Name: C-A-RE Realty
  • Office Phone: (704) 565-0689
  • Listing Agent: Don Gomez

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: 12/18/2024, 7:21:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 13, 2004Home Sold
$92,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,129$157,882
2020$1,110$157,882
2019$899$117,170
2018$853$117,170

History based on county public records data.

Payment Calculator

$1,610

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$993

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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-4435371
4
/10

  • Smith Magnet Elementary School

  • 1101 Maxwell Dr

  • 0.68 miles

  • Public Magnet Grades PK-5

school-card-donut-4435372
5
/10

  • Fuller Magnet Elementary School

  • 2600 Timber Dr

  • 1.16 miles

  • Public Magnet Grades PK-5

school-card-donut-4435373
4
/10

  • Timber Drive Elementary School

  • 1601 Timber Dr

  • 1.19 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 $62,845. Most Raleigh, NC residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 725 Colonial Dr

What is the listing price of this property?

The listing price of 725 Colonial Dr property is $309,000.

What type of property is this?

The property 725 Colonial Dr is a house located in Raleigh, North Carolina, 27603.

Is this property for sale now?

Active Listing: 725 Colonial Dr 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 $1,129 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 13, 2004 for $92,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 725 Colonial Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 725 Colonial Dr is 1,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 725 Colonial Dr is 1960.

Rocket Homes›North Carolina›Wake County›Raleigh›27603›725 Colonial Dr

This home is located at 725 Colonial Dr in Raleigh, NC and zip code 27603 in the Echo Heights neighborhood. This 1,350 square foot home, which was built in 1960, sits on a 0.48 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $309,000.

Raleigh, NC housing market in November 2024 saw over 67 listings sold above listed price, more than 101 sold at listed price and over 257 sold below. The inventory of homes for sale in Raleigh, NC between October 2024 and November 2024 decreased by 9.7%. Listings spent 42 days on the market in November 2024, and had a median list price of $448,424 during the same period.

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

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