Pending

Price cut: $11K (9/3)

$249,000

1031 Nicholwood Dr APT 203, Raleigh, NC 27605

1beds

732sqft

$1,983/mo

Get pre-qualified

Condominium

Built in 1986

-- sqft lot

$244,800 Zestimate^®

$340/sqft

$296/mo HOA

What's special

Cozy gas fireplaceAdded privacy and quietBeautiful hardwood floors throughoutBright open living space

Enjoy the best of downtown living in this charming 1-bedroom, 1-bath condo, perfectly situated just minutes from Raleigh's top restaurants, shopping, entertainment, and parks. Located on the top floor, you'll appreciate the added privacy and quiet—without the hassle of multiple flights of stairs. IT'S ONLY 1 EASY FLIGHT UP! Inside, you'll find beautiful hardwood floors throughout, a cozy gas fireplace, and a bright, open living space perfect for relaxing or entertaining. The kitchen features stainless steel appliances and offers both style and functionality. Whether you're a first-time buyer, downsizing, or looking for a fantastic investment opportunity, this low-maintenance condo delivers comfort, convenience, and an unbeatable location.

80 days
251
26

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 1

Primary bedroom

Level: Main

Bedroom 2

Level: Main

Dining room

Level: Main

Other

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Utility room

Level: Main

Heating

Forced Air, Natural Gas, None

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Range Hood, Washer/Dryer
Laundry: Electric Dryer Hookup

Features

Ceiling Fan(s), Entrance Foyer, Storage, Walk-In Closet(s), Bathtub/Shower Combination
Flooring: Hardwood, Tile
Number of fireplaces: 1
Fireplace features: Gas Log, Living Room, Fireplace Screen
Common walls with other units/homes: End Unit

Interior area

Total structure area: 732
Total interior livable area: 732 sqft
Finished area above ground: 732
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Additional Parking, Common, On Street, Paved, Parking Lot
Uncovered spaces: 1
Details: street, additional

Features

Levels: One
Stories: 1
Patio & porch: Covered, Deck, See Remarks
Exterior features: Balcony, Rain Gutters

Lot

Features: Landscaped

Details

Parcel number: 1704.14344251 0139177
Zoning: RX-3
Special conditions: Standard,Seller Not Owner of Record

Construction

Type & style

Home type: Condo
Architectural style: Traditional,Transitional
Property subtype: Condominium

Materials

Wood Siding
Foundation: Slab
Roof: Architectural Shingle

Condition

New construction: No
Year built: 1986

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Features: Pool, Street Lights
Security: Smoke Detector(s)
Subdivision: Parkridge Lane

HOA

Has HOA: Yes
Amenities included: Pool
Services included: Maintenance Grounds, Maintenance Structure, Pest Control, Storm Water Maintenance
HOA fee: $296 monthly
HOA name: Parkridge Lane HOA
HOA phone: 919-714-4828

Location

Region: Raleigh

Financial & listing details

Price per square foot: $340/sqft
Tax assessed value: $277,625
Annual tax amount: $2,441
Date on market: 8/5/2026
Listing agreement: Exclusive Right To Sell
Listing terms: 1031 Exchange,Cash,VA Loan

Estimated market value

$244,800

$233,000 - $257,000

$1,553/mo

Price history

Date	Event	Price
10/25/2026	Pending sale	$249,000$340/sqft
Source: Doorify MLS #10184496 Report a problem
9/3/2026	Price change	$249,000-4.2%$340/sqft
Source: Doorify MLS #10184496 Report a problem
8/5/2026	Listed for sale	$260,000+62.5%$355/sqft
Source: Doorify MLS #10184496 Report a problem
5/5/2010	Sold	$160,000+3.2%$219/sqft
Source: Public Record Report a problem
4/27/2007	Sold	$155,000+7.3%$212/sqft
Source: Public Record Report a problem
10/20/2005	Sold	$144,500$197/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,441 +0.4%	$277,625
2024	$2,431 +6.6%	$277,625 +33.9%
2023	$2,281 +7.6%	$207,414
2022	$2,120 +4%	$207,414
2021	$2,038 +1.8%	$207,414
2020	$2,001 +12.8%	$207,414 +37%
2019	$1,774	$151,362
2018	$1,774 +11.3%	$151,362
2017	$1,595 +2.1%	$151,362
2016	$1,562 -2.9%	$151,362 -1.3%
2015	$1,608 +5.4%	$153,362
2014	$1,526	$153,362
2013	--	$153,362
2012	--	$153,362
2011	--	$153,362
2010	--	$153,362
2009	--	$153,362
2008	--	--
2007	--	--
2006	--	--