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.
For sale
Price cut: $11K (9/3)
$249,000
1031 Nicholwood Dr APT 203, Raleigh, NC 27605
1beds
732sqft
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
- 80 days
- 245
- 26
Zillow last checked:
Listing updated:
Listed by:
Matt Wooten 919-395-1418,
Long & Foster Real Estate INC/North Raleigh
Source: Doorify MLS,MLS#: 10184496
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 |
|---|---|---|
| 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 | -- | -- |
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.Climate risks
Neighborhood: Five Points
Nearby schools
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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