$298,000 - $472,000
RENTED MAY 1, 2025

1098 Nichols Dr Raleigh, NC 27605

Hillsborough Neighborhood
2 Beds
1 Bath
1,000 Sq Ft
$364 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Heating System Uses Natural Gas
  • Wiley Elementary Rated A-
  • Central Air

About This Home

As of May 2025

This charming 2-bedroom, 1-bathroom townhome located in Raleigh's desirable Village District provides easy access to NC State University, shopping, dining, and entertainment options. The home features hardwood floors throughout, a kitchen equipped with a refrigerator, range, and dishwasher, and includes a washer and dryer for added convenience.

Last Agent to Rent the Property

Spencer Southern

Lisa Southern Real Estate License #276712 Listed on: 02/27/2025

Last Renter's Agent

Spencer Southern

Compass -- Raleigh

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1947

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Open Parking Space
  • Assigned Parking

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $1,595
  • Property Available on 2/27/25
  • Tenant pays for all utilities
  • 12 Month Lease Term
  • $75 Application Fee
  • Assessor Parcel Number 1704.13-13-6471 0117402

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pet Deposit $300

Townhouse Details

Home Type

Townhome

Year Built

Built in 1947

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: 12 Months
  • Owner Pays: Other
  • Available Date: 2025-02-27

Listing Details

  • Year Built: 1947
  • Prop. Type: Residential Lease
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1000.0
  • Unit Levels: Two
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Room Types Primary Bedroom Level: Second
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Flooring Laminate: Yes
  • General Property Information Enhanced Accessible2: No
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-02-27
  • Contract Information Security Deposit2: 1595.0
  • General Property Information Above Grade Finished Area: 1000.0
  • Structure Type Townhouse: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Laminate, Wood
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: front door
  • Total Bedrooms: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Fencing: None
  • Patio And Porch Features: None
  • Patio And Porch Features:None18: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.0
  • Parking Features:Assigned: Yes
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Other
  • Association: No
  • Fees Application Fee: 75.0
  • Fees Pet Deposit: 300.0

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Parcel #: 1704.13-13-6471 0117402

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2019
Sold by
Tharrington Paige C and Streicher Martin S
Bought by
Srail Amy K
Current Estimated Value
$364,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2019
Sold by
Tharrington Paige C and Streicher Martin S
Bought by
Srail Amy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2002
Sold by
Smith Mary Cleaves
Bought by
Scb Family Ventures Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Srail Amy K $215,000 None Available
Srail Amy K $215,000 None Listed On Document
Scb Family Ventures Llc $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Srail Amy K $115,000
Closed Srail Amy K $115,000
Previous Owner Tharrington Paige C $115,000
Previous Owner Smith Mary Cleaves $21,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Rented $1,595 0.0% --
04/14/2025 04/14/25 Under Contract -- -- --
04/04/2025 04/04/25 Price Changed $1,595 -6.2% $2 / Sq Ft
02/27/2025 02/27/25 For Rent $1,700 -- --
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $289,459 -- $289,459
2024 $2,534 $289,459 $0 $289,459
2023 $2,678 $214,036 $0 $214,036
2022 $2,489 $214,036 $0 $214,036
2021 $2,103 $214,036 $0 $214,036
2020 $2,015 $214,036 $0 $214,036
2019 $1,978 $172,107 $0 $172,107
2018 $1,866 $172,107 $0 $172,107
2017 $1,778 $172,107 $0 $172,107
2016 $1,773 $172,107 $0 $172,107
2015 $1,872 $178,849 $0 $178,849
2014 $1,776 $178,849 $0 $178,849
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2025

    Spencer Southern

    Lisa Southern Real Estate

    (919) 800-0880

    1 Total Sale

    Spencer Southern
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Map

Source: Doorify MLS

MLS Number: 10078960

Doorify MLS

APN: 1704.13-13-6471-012

North Carolina Wake County Raleigh 27605 Hillsborough

1098 Nichols Dr, Raleigh, NC

This home is located at 1098 Nichols Dr, Raleigh, NC 27605 since 27 February 2025 and is currently priced at $364,300. This property was built in 1947. 1098 Nichols Dr is a home located in Wake County with nearby schools including Wiley Elementary, Oberlin Middle School, and Broughton Magnet High School.

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