See Home Value
$430,000
● House - Off Market

225 Woods Ream Drive

Raleigh, NC 27615
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,927 Ft²
$2,304
Est. Monthly
5.01%
Cap Rate

About This Property

Investor Alert! This charming home is ready to be your blank canvas.  Currently three bedrooms with 2 full baths, large living spaces, large flat fenced in  backyard. The potential and possibilities are endless!Do not miss your chance on this one!
Unit Size
1,927 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$218
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1972

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Last updated: 8 months ago (TMLS #10011088)

Price History

Date / Event Date Event Price
Apr 10, 2025 Sold
Sold
Mar 15, 2025 In contract -
In contract
Feb 20, 2025 Listed by EXP Realty LLC $649,990
Listed by EXP Realty LLC
JAW DROPPING Ranch style Modernist masterpiece just hit the market and it's ready for its new owners to call it home! If you love one-story living with designer finishes this one just might be for you. Walk through your private front courtyard with two red Japanese maple trees on either side & enter into your spacious entry/living room with soaring high ceilings. The layout of this home is extremely functional & is a unique U- shape with an open concept dining/kitchen/family room in the left wing & 3 bedrooms & two full baths in the right wing. Inside you'll notice stunning 4 inch wide white oak hardwoods throughout the entire home, honed marble countertops/backsplash/ and high end vanities & tile selections in each bathroom. In the kitchen, you'll find crisp microshaker cabinets, modern white glass samsung bespoke appliances, a wine fridge, and a wireless charging station built into the kitchen island. Step outside to the center patio that can be accessed and viewed from every wing of the home and is perfect for entertaining. Relax on the couch under the solar outdoor string lights or enjoy marshmallows by the fire pit. Off the patio you have a good sized backyard with fescue sod and mulch, along with two sheds great for storing yard equipment. Around front you'll see a lovely landscaped rock garden with hand selected plants from a local nursery here in Raleigh. Gardenia, roses, blueberry, Camelias & more! This home was renovated by a local interior designer & is truly unique in style. This home also offers investment opportunity, & for the past 4 months it has been a successful short term/mid term rental bringing in $5,000 per month (& more with upside to that amount). Modernist ranch homes in this GREAT of a location don't come around often! 6 minutes to North Hills, Whole Foods, & Target! Hurry & schedule your showing and see all this home has to offer before its gone!
Mar 1, 2024 Sold
Sold
Feb 10, 2024 Listed by Angela Drum Team Realtors $419,900
Listed by Angela Drum Team Realtors
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,884
  • Building Area: 1,884
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,884
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH TRAIL
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO11 GR PT SM PT LT 12 BLK C N BLC

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054006

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0041940
  • District: 07
  • Parcel: 1707.20-71-8174 0041940
  • Block: C
  • Lot: 11,12
  • Municipality: HOUSE CREEK
  • Latitude: 35.8683
  • Longitude: -78.6359

    Address

  • Full Address: 225 Woods Ream Dr
  • Address - House Number: 225
  • Address - Street Name: Woods Ream
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C014
  • 4-Digit Zip Code: 7229
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $289,792

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 96
  • Final Value: 422,619
  • High Value: 451,255
  • Low Value: 393,982

    Market Valuation

  • Market Total Value: $264,029
  • Market Land Value: $110,000
  • Market Improvement Value: $154,029

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $264,029
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $154,029

    Sales

  • Current Sale Contract Date: Feb 22, 2024
  • Current Sale Recording Date: Mar 01, 2024
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 26, 1984
  • Previous Sale Contract Date: Jun 26, 1984
  • Previous Sale Amount: $81,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Raleigh


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Frequently Asked Questions

When was property at 225 Woods Ream Drive built and last sold?
The property at 225 Woods Ream Drive was built in 1972 and last sold on Feb 22, 2024 for $430,000.
How much is this home worth?
The estimated value of the home located at 225 Woods Ream Drive is $645,271.
What are some comparable homes to 225 Woods Ream Drive?
There are currently no comparable homes to 225 Woods Ream Drive.