For sale

$160,000

1231 Teakwood Pl, Raleigh, NC 27606

2beds

1,262sqft

$1,320/mo

Get pre-qualified

Condominium, Residential

Built in 1972

-- sqft lot

$159,800 Zestimate^®

$127/sqft

$293/mo HOA

What's special

Private wooded backdropGenerous living spacesSpacious layout

Opportunity awaits at 1231 Teakwood Place in West Raleigh. This 2-bedroom, 3-bathroom, two-story condominium offers a spacious layout with the feel of townhome-style living while maintaining the benefits of condominium ownership. The functional floor plan features generous living spaces and a private wooded backdrop, providing a great starting point for updates and personalization. Conveniently located near NC State University, the Wolfline, shopping, dining, and major routes connecting Raleigh and Cary. Whether you're looking for a property to renovate and make your own or an investment opportunity, this home offers flexibility and convenient access to the Triangle. Preferred lender incentive: Up to $1,600 toward buyer's closing costs. Ask for details! Schedule your showing today and explore the possibilities this property has to offer.

77 days

220

19

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Electric

Cooling

Central Air

Appliances

Included: Electric Range, Electric Water Heater, Range Hood
Laundry: Electric Dryer Hookup, In Hall, Laundry Closet, Upper Level

Features

Flooring: Carpet, Hardwood, Tile
Has fireplace: No
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 1,262
Total interior livable area: 1,262 sqft
Finished area above ground: 1,149
Finished area below ground: 113

Property

Parking

Total spaces: 2
Parking features: Open
Uncovered spaces: 2

Features

Levels: Two
Stories: 2
Pool features: Community
Has view: Yes

Details

Parcel number: 078307792872224 0146196
Zoning: RX-3
Special conditions: Standard

Construction

Type & style

Home type: Condo
Architectural style: Traditional
Property subtype: Condominium, Residential
Attached to another structure: Yes

Materials

Brick, Cedar
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1972

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Pool
Subdivision: Driftwood Manor

HOA

Has HOA: Yes
Amenities included: Pool
Services included: Maintenance Grounds, Water
HOA fee: $293 monthly

Location

Region: Raleigh

Financial & listing details

Price per square foot: $127/sqft
Tax assessed value: $189,276
Annual tax amount: $1,670
Date on market: 6/4/2026

Estimated market value

$159,800

$145,000 - $174,000

$1,581/mo

Price history

Date	Event	Price
6/4/2026	Listed for sale	$160,000+119.2%$127/sqft
Source: Doorify MLS #10171795 Report a problem
5/5/2017	Sold	$73,000$58/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,671 +0.4%	$189,276
2024	$1,664 +40.9%	$189,276 +77.7%
2023	$1,181 +7.5%	$106,512
2022	$1,098 +4%	$106,512
2021	$1,056 +1.8%	$106,512
2020	$1,037 +49.9%	$106,512 +83.7%
2019	$692	$57,981
2018	$692 +11%	$57,981
2017	$623 +2%	$57,981
2016	$611 -7.5%	$57,981 -6.2%
2015	$660 +5.3%	$61,829
2014	$627	$61,829
2013	--	$61,829
2012	--	$61,829
2011	--	$61,829
2010	--	$61,829
2009	--	$61,829
2008	--	--
2007	--	--
2006	--	--