Sold
Last Sold Price
1225 Old Wake Forest Rd, Raleigh, NC 27604
Multi FamilyProperty Type
0.34 acresLot Size
1935Year Built

Description

Great location convenient to downtown in highly desirable Mordecai. Corner lot. Property was originally single family home, converted to quadplex may years ago. Possible to convert to offices with rezoning. Large paved parking lot in the rear. Built in book shelves. Ceiling fans. additional 1,464 sq ft of unfinished space in the basement. Sellers are related to broker in listing office but not the listing agent.Great location convenient to downtown in highly desirable Mordecai. Corner lot. Property was originally single family home, converted to quadplex may years ago. Possible to convert to offices with rezoning. Large paved parking lot in the rear. Built in book shelves. Ceiling fans. additional 1,464 sq ft of unfinished space in the basement. Sellers are related to broker in listing office but not the listing agent.
  • Listed by: TRIANGLE User • Nine Sages
Listing closed: 05/05/2017 12:00 AM • Source: TRIANGLEMLS, MLS#: 2077193

Recent comparable sales

Median sold price

$451,500

Avg days on market

64

Sale-to-list ratio

96.0%

Raleigh, NC

9 comparable properties found

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Bathrooms
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Square Feet
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Sold 04/17/26

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a view of yard with green space
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Location

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$2,461 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,121

Property Taxes

$340

HOA Dues

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Property Information for 1225 Old Wake Forest Road

Property Details
  • Taxes: $4,080 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Wake County
  • View: No
  • Zoning Description: R-6
  • Subdivision: Mordecai Place
Building Information
  • Residences: 4
  • Year Built: 1935
  • Lot Size: 0.34 AC / 14,984 SF
Summary
Location and General Information
  • Zoning: R-6
  • Directions: Property is on Old Wake Forest Rd about halfway between Krispy Kreme (walking distance) and The Circus Restaurant.
  • Subdivision Name: Mordecai Place
  • Latitude: 35.795978
  • Longitude: -78.630783
  • Road Frontage Type: Other
Taxes and HOA Information
  • Tax Lot: 5
  • Tax Annual Amount: $4,080.00
School Information
  • Elementary School: Wake - Conn
  • Middle Or Junior School: Wake - Oberlin
  • High School: Wake - Broughton
Parking
  • Parking Features: Off Street
  • Carport: No
  • Garage: No
Property
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Dimensions: 100 x 150
Property and Assessments
  • New Construction: No
  • Photos Count: 11
  • Property Attached: Yes
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: City Sewer, County Sewer
  • Gas: Natural Gas
  • Water_Sewer: City Sewer, County Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Veneer
  • Foundation Details: Basement, Block
  • Patio And Porch Features: Porch
  • New Construction Type: Brick Veneer
Interior Features
  • Levels: Unit 1/1 Sty, Unit 2/1Sty, Unit 3/1 Sty, Unit 4/1Sty
  • Fireplace Y N: No
  • Flooring: Engineered Hardwoods, Hardwood, Laminate, Vinyl
  • Cooling: Window Unit(s)
  • Cooling?: Yes
  • Heating: Radiant, Steam, Natural Gas
  • Heating?: Yes
  • Appliances: Range/Oven, Refrigerator
  • Interior Features: 1 Bath, 1 Bedroom, Dining Room, Kitchen, Living Room
  • Equipment Appliances: Range/Oven, Refrigerator
  • Interior: Off Street, Brick Veneer
  • Equipment: Range/Oven, Refrigerator, Off Street
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Class Name: MultiFamily

Property History for 1225 Old Wake Forest Road

DateEvent & SourcePriceAppreciation
May 5, 2017

Sold

AMLS #2077193

$417,350
May 5, 2017

Sold

TRIANGLEMLS #2077193

$417,350
May 5, 2017

Sold

TRIANGLEMLS #2077193

$417,350
DateEvent & SourcePrice
05/05/2017

Sold

AMLS #2077193

$417,350
05/05/2017

Sold

TRIANGLEMLS #2077193

$417,350
05/05/2017

Sold

TRIANGLEMLS #2077193

$417,350

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1225 Old Wake Forest Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Conn Elementary
PublicPK to 5

Oberlin Middle School
Public6 to 8

Needham Broughton High
Public9 to 12

Phillips High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1225 Old Wake Forest Road, Raleigh, NC 27604
$417,350
14,984
$285,000
3
1,152
7,405
$840,000
4
3,514
9,583
1
1,620
9,148
$22,500
5,103
14,375
$473,000
3
1,424
7,840

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nine Sages

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. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.