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1275 Teakwood Place

1275 Teakwood Place, Raleigh, NC 27606
1 Units For Sale
Unit for sale at 1275 Teakwood Place, Raleigh, NC 27606

$184,850

  • 2 Beds
  • 1.5 Baths
  • 1,080 ft²
1275 Teakwood Place, Raleigh, NC 27606 Listing by Judith De la Cruz

1275 Teakwood Place is a condo located in Southwest Raleigh, Raleigh. The building was first built in 1972 and is 52 years old. 1275 Teakwood Place has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's patio. See the full transaction history for 1275 Teakwood Place below.

Southwest Raleigh, where 1275 Teakwood Place is located, has a median asking price of $249,000 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $184,850. It is a 1,080 sqft 2-bedroom and 1.5-bathroom unit.

Building Features

Parking

Assigned Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211110 Unit 1275
11/10/2021
2 Bed
3 Bath
1140 ft²
$175,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1140 ft²
-
-
-
Tina Hackett
Barton Estate Realty

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,140
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DRIFTWOOD MANOR CONDOMINIUM
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: DRIFTWOOD MANOR CONDOMINIUM UN1275-T

Ownership

  • Current Owner : MOLLAAHMAD MOHSEN
  • Current Owner 2: MOLLAAHMAD MENNA
  • Previous Owner : DUNN BRUCE
  • Previous Owner 2: DUNN PATRICIA
  • Owner Before Previous Owner: HENNIHGER THOMAS
  • Owner Before Previous Owner 2: HENNIHGER NELIDA

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052407

Zoning

  • Zoning: RX-3

Geography

  • Account Number: 0146221
  • District: 01
  • Parcel: 0783.07-79-2872 0146221
  • Municipality: RALEIGH
  • Latitude: 35.7821
  • Longitude: -78.7054

    Address

  • Full Address: 1275 Teakwood Pl
  • Legal Unit: 1275-T
  • Address - House Number: 1275
  • Address - Street Name: Teakwood
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C008
  • 4-Digit Zip Code: 1809
  • Zip Code: 27606

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,082

    Appraisal Valuation

  • Standard Deviation: 0.0682
  • Valuation Date: Dec 14, 2022
  • Confidence Score: 96
  • Final Value: 185,040
  • High Value: 197,663
  • Low Value: 172,417

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,638
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Dec 12, 2022
  • First Open Lien Mortgage Loan Amount: $138,638
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $104,895
  • Market Improvement Value: $104,895

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,895
  • Assessed Improvements Value: $104,895

    Sales

  • Current Sale Contract Date: Dec 08, 2022
  • Current Sale Recording Date: Dec 12, 2022
  • Current Sale Transaction ID: 11899757270
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 03, 2022
  • Previous Sale Contract Date: Jan 03, 2022
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Dec 12, 2022
  • First Mortgage Loan Amount: $138,638
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

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Nearby Rentals

Unit for rent at

$1,525 /mo

  • 4 Beds
  • 2 Baths
  • 1,640 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1275 Teakwood Place located in?
The 1275 Teakwood Place is a condo located in the neighborhood of Southwest Raleigh in Southwest Raleigh, Raleigh.
How many listings are currently for sale in 1275 Teakwood Place?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 1275 Teakwood Place?
The average sales price for units in 1275 Teakwood Place is $184,850 , or $171/sqft. currently.

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