Closed
Last Sold Price
$247,000
2 beds726 sqft

724 Oak Rd, Raleigh, NC 27603

Description

Great Investment opportunity tenants in place close to beltline downtown Raleigh NC state 2 bedroom 1 bath house vinyl windows .33 acre lotGreat Investment opportunity tenants in place close to beltline downtown Raleigh NC state 2 bedroom 1 bath house vinyl windows .33 acre lot
Single FamilyProperty Type
0.33 acresLot Size
1963Year Built
$340/sq ftPrice per sq ft
2 carsParking Spaces
  • Listed by: Dewey Gamble 919.772.1338 dgamble4084@gmail.com Brokerage DRE #C23255 • The New Realty Group, LLC
Listing closed: 04/04/2025 12:00 AM
Source: Doorify MLS (fka Triangle MLS), MLS#: 10083719
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Recent comparable sales

Median sold price

$245,000

Avg days on market

50

Sale-to-list ratio

90.0%

Raleigh, NC

9 comparable properties found

$275,000 | 229 Pecan Road, Raleigh, NC 27603
1/19
1

$275,000

Sold 04/23/25

2
Bedrooms
768
Square Feet
0.24
Acres
$230,000 | 2505 Newbold Street, Raleigh, NC 27603
1/16
2

$230,000

Sold 11/09/26

2
Bedrooms
744
Square Feet
0.21
Acres
$245,000 | 2524 Newbold Street, Raleigh, NC 27603
1/38
3

$245,000

Sold 09/30/26

2
Bedrooms
789
Square Feet
0.21
Acres
$275,000 | 2701 Newbold Street, Raleigh, NC 27603
1/16
4

$275,000

Sold 05/02/25

2
Bedrooms
778
Square Feet
0.31
Acres
$233,916 | 2723 Layden Street, Raleigh, NC 27603
1/22
5

$233,916

Sold 12/05/25

2
Bedrooms
832
Square Feet
0.2
Acres
$210,000 | 2741 Newbold Street, Raleigh, NC 27603
1/26
6

$210,000

Sold 08/07/26

2
Bedrooms
835
Square Feet
0.22
Acres
$265,000 | 2600 Newbold Street, Raleigh, NC 27603
1/13
7

$265,000

Sold 07/02/25

2
Bedrooms
848
Square Feet
0.21
Acres
$248,000 | 1220 Garner Road, Raleigh, NC 27610
1/27
8

$248,000

Sold 10/15/25

2
Bedrooms
838
Square Feet
0.07
Acres
$235,000 | 2120 Sanderford Road, Raleigh, NC 27610
1/19
9

$235,000

Sold 10/27/25

2
Bedrooms
756
Square Feet
1.5
Acres

Location

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$1,433 per month

Principal and Interest

$1,319

Property Taxes

$115

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Property information

724 Oak Road

Property Details

  • Taxes: $1,378 / year
  • MLS Type: Residential / Single Family Residence
  • County: Wake County
  • Zoning Description: R-4
  • Subdivision: Carolina Pines

Building Information

  • Stories: 1
  • Year Built: 1963
  • Lot Size: 0.33 AC / 14,374 SF

Summary

Location and General Information

  • Zoning: R-4
  • Directions: Lake wheeler Road from Raleigh Left on caroilna pines right on oak
  • Subdivision Name: Carolina Pines
  • Latitude: 35.747945
  • Longitude: -78.660121

Taxes and HOA Information

  • Association: No
  • Tax Annual Amount: $1,378.00
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 20
  • Has Restrictive Covenants: No

Contract Information

  • Lease Expiration Date: 2025-04-30
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2025-03-22

School Information

  • Elementary School: Wake - Penny Road Elementary
  • Middle Or Junior School: Wake - Apex Friendship Middle
  • High School: Wake - Apex High

Parking

  • Open Parking: No
  • Garage: No

Property

Lot Information

  • Building Area Total: 726.0
  • Architectural Style: Transitional
  • Total Other Area Sq Ft: 0.0
  • Parcel Number: 1702078351
  • Enhanced Accessible: No
  • Has Main Level Bedrooms: Yes
  • Has Primary Residence: No
  • Sold PriceList Price: 0.99

Property and Assessments

  • New Construction: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public

Interior and Exterior Features

Exterior Features

  • Association Amenities: Cable TV
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Roof: Asbestos Shingle
  • New Construction Type: Vinyl Siding

Interior Features

  • Levels: One
  • Stories: 1
  • Master Bedroom 1st Floor: Yes
  • Flooring: Hardwood
  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Forced Air, Heat Pump
  • Has Heating: Yes
  • Appliances: Range

Room Information

Room Information

  • Rooms Total: 4.0

Room 1

  • Type: Primary Bedroom
  • Level: Main

Room 2

  • Type: Bedroom 2
  • Level: Main

Room 3

  • Type: Living Room
  • Level: Main

Room 4

  • Type: Kitchen
  • Level: Main

Rental

Rental Information

  • Lease Term: Month To Month

Property History

724 Oak Road

DateEventPrice
Apr 4, 2025

Sold

Doorify MLS (fka Triangle MLS) #10083719

$247,000
Apr 3, 2025

Sold (Public Record)

Public Record #1554266111

$247,000
Mar 22, 2025

Pending

Doorify MLS (fka Triangle MLS) #10083719

—
DateEventPrice
04/04/2025

Sold

Doorify MLS (fka Triangle MLS) #10083719

$247,000
04/03/2025

Sold (Public Record)

Public Record #1554266111

$247,000
03/22/2025

Pending

Doorify MLS (fka Triangle MLS) #10083719

—

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

Public records

724 Oak Road

Beds

0

Baths

1

Total Finished SqFt

726 SqFt

Above Grade Finished SqFt

726 SqFt

Stories

1

Lot Size

14,375 SqFt

Schools

Near 724 Oak Road

This home is within Wake County School District.

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: 724 Oak Road, Raleigh, NC 27603
$247,000
2
726
14,374
$242,500
2
730
15,246
$120,777
2
726
15,246
$75,000
2
759
15,246
$248,000
3
1,027
15,681
$255,000
3
1,453
10,890

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 The New Realty Group, LLC

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.