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For sale
    • Price cut: $10K (11/7)
    $315,000

    1021 Nicholwood Dr APT 201, Raleigh, NC 27605

    2beds
    993sqft
    : 
    $2,424/mo
    Get pre-qualified
    Condominium
    Built in 1986
    -- sqft lot
    $311,400 Zestimate®
    $317/sqft
    $403/mo HOA
    This home is also for rent. View listing

    What's special

    Move-In Ready Gem in the Heart of ITB! Discover the perfect blend of comfort and convenience in this move-in ready 2-bedroom, 2-bath condo, located in a highly desirable Inside-the-Beltline (ITB) community. This bright and open floor plan is designed for effortless living, featuring a spacious family room anchored by a cozy fireplace—perfect for relaxing evenings. The home flows seamlessly into a separate dining area, ideal for entertaining, and a well-appointed kitchen. Step out onto your private covered porch, which includes a convenient storage closet for all your extras. The layout offers maximum privacy with two generously sized bedrooms, each boasting its own full bath and ample closet space. Situated directly beside the beautiful Fletcher Park, you'll enjoy a serene neighborhood feel while being just minutes away from the vibrant shops and dining of Glenwood South and The Village District. Commuting is a breeze with quick access to US-1, I-440, I-40, and Wade Ave, placing all of Raleigh within easy reach. Plus, take advantage of the private community pool on sunny afternoons! This central Raleigh location offers an unbeatable maintenance-free lifestyle. HOA dues include water, sewer and trash service. Schedule your showing today!
    92 days
    225
    14

    Zillow last checked:

    Listing updated:

    Listed by:

    Taralyn Farrell 919-454-3614,

    Coldwell Banker Advantage

    Source: Doorify MLS,MLS#: 10185509MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 169.86 Square Feet
      • Dimensions: 14.9 x 11.4
      Bedroom 2
      • Level: Main
      • Area: 132.98 Square Feet
      • Dimensions: 12.2 x 10.9
      Dining room
      • Level: Main
      • Area: 91.67 Square Feet
      • Dimensions: 10.3 x 8.9
      Family room
      • Level: Main
      • Area: 232.5 Square Feet
      • Dimensions: 15.5 x 15.0
      Kitchen
      • Level: Main
      • Area: 67.45 Square Feet
      • Dimensions: 9.5 x 7.1
      Other
      • Level: Main
      • Area: 67.45 Square Feet
      • Dimensions: 9.5 x 7.1
      Other
      • Level: Main
      • Area: 41.8 Square Feet
      • Dimensions: 9.5 x 4.4
      Heating
      • Central, Natural Gas, None
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Free-Standing Electric Oven, Microwave, Refrigerator, Washer, Water Heater
      • Laundry: Main Level, In Unit
      Features
      • Flooring: Ceramic Tile, Laminate
      • Number of fireplaces: 1
      • Common walls with other units/homes: 1 Common Wall,End Unit
      Interior area
      • Total structure area: 993
      • Total interior livable area: 993 sqft
      • Finished area above ground: 993
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Additional Parking, Parking Lot
      • Uncovered spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Porch
      Details
      • Parcel number: See Wake Gov
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Traditional,Transitional
      • Property subtype: Condominium
      Materials
      • Wood Siding
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1986

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Pool, Sidewalks
      • Subdivision: Parkridge Lane
      HOA
      • Has HOA: Yes
      • Amenities included: Maintenance Grounds, Parking, Pool
      • Services included: Maintenance Grounds, Pest Control, Trash, Road Maintenance
      • HOA fee: $403 monthly
      • HOA name: PPM
      • HOA phone: 919-848-4911
      Location
      • Region: Raleigh

      Financial & listing details

      • Price per square foot: $317/sqft
      • Tax assessed value: $377,642
      • Annual tax amount: $3,453
      • Date on market: 8/11/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
      • Road surface type: Asphalt

        Estimated market value

        $311,400

        $296,000 - $327,000

        $2,032/mo

        Price history

        DateEventPrice
        11/7/2026Price change$315,000-3.1%$317/sqft
        Source: Doorify MLS #10185509 Report a problem
        10/27/2026Listed for rent$1,850+27.6%$2/sqft
        Source: Doorify MLS #10200354 Report a problem
        10/3/2026Price change$325,000-3%$327/sqft
        Source: Doorify MLS #10185509 Report a problem
        9/12/2026Price change$335,000-1.5%$337/sqft
        Source: Doorify MLS #10185509 Report a problem
        8/11/2026Price change$340,000-2.9%$342/sqft
        Source: Doorify MLS #10185509 Report a problem
        5/31/2026Listed for sale$350,000+96.6%$352/sqft
        Source: Owner Report a problem
        5/29/2018Listing removed$1,450$1/sqft
        Source: Cary #2193394 Report a problem
        5/23/2018Listed for rent$1,450$1/sqft
        Source: Cary #2193394 Report a problem
        4/30/2014Sold$178,000+36.9%$179/sqft
        Source: Public Record Report a problem
        1/23/2009Sold$130,000-16.7%$131/sqft
        Source: Public Record Report a problem
        1/7/2005Sold$156,000$157/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,313 +0.4%$377,642
        2024$3,300 +6.5%$377,642 +33.8%
        2023$3,097 +7.6%$282,320
        2022$2,878 +4%$282,320
        2021$2,767 $282,320
        2020-- $282,320 +33.1%
        2019-- $212,183
        2018-- $212,183
        2017$2,227 +88.5%$212,183
        2016$1,182 -47.7%$212,183 -1.8%
        2015$2,258 +5.4%$216,106
        2014$2,142 $216,106
        2013-- $216,106
        2012-- $216,106
        2011-- $216,106
        2010-- $216,106
        2009-- $216,106
        2008-- --
        2007-- --
        2006-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Five Points

        Getting around

        48 / 100
        Car-Dependent
        49 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wake - Wiley Elementary
        • Middle: Wake - Oberlin Middle
        • High: Wake - Needham Broughton High

        Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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