tomo logo

$299,500

Beds
2
Baths
1.0
sq ft
768

229 Pecan Road, Raleigh, NC 27603

229 Pecan Road

Raleigh, NC 27603

  • 89 days on market
    • Price drop $15,500↓
Discover the perfect blend of comfort and convenience at 229 Pecan Road, an updated two-bedroom, one-bathroom home located just outside the beltline in South Raleigh. Ideal for professionals working downtown, this home features a studio-like design, offering a cozy and efficient layout. Modern updates include a brand-new roof, with the convenience of a gas stove and heat—all designed for comfort and functionality. This property boasts plenty of attic storage, additional space underneath the home, and an oversized deck perfect for relaxing or entertaining in the fenced backyard. Situated in a thriving area with exciting new developments planned, you'll love being close to the Raleigh Farmers Market and Dix Park. Don't miss your chance to experience this fantastic location and all the growth that Downtown South Raleigh has to offer!

Details

Property type

Single Family Residence

Est. home value

$318,999

Lot size

0.24 acres

Price per sq ft

$390

Year built

1964

Annual property taxes

$1,987.76

Price History

01/13/2025
TriangleMLS

TriangleMLS #10060192

Price change
$299,500
-4.92%
10/25/2024
TriangleMLS

TriangleMLS #10060192

Listed
$315,000
+15.92%
09/06/2023
TriangleMLS

TriangleMLS #2525452

Sold
$271,740

Schools & Community

Neighborhood: 

Southwest Raleigh

Elementary school: 

Wake - Salem

Middle school: 

Wake - Salem

High school: 

Wake - Athens Dr

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Fidelity Bank

Loan start date

September 2023

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

6.78%

Loan type

Commercial

Seller

Droege Investments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

TriangleMLS
$299,900
2 bd
|
1 ba
|
616 sq ft
|
House

603 Bragg Street, Raleigh, NC 27610

TriangleMLS
$290,000
- bd
|
1 ba
|
912 sq ft
|
House

1011 Cross Link Road, Raleigh, NC 27610

Price drop
TriangleMLS
$312,500
2 bd
|
2.5 ba
|
1,419 sq ft
|
Townhouse

810 Bryant Street, Raleigh, NC 27603

Status: Active

Tomo last checked: 01/22/2025 at 5:05 PM

Listing updated: 01/12/2025 at 8:30 PM

Listed by: Jon McBride, Coldwell Banker HPW Phone #: (919) 847-6767

MLS: TriangleMLS #10060192

TriangleMLS logo

Recently listed in Raleigh

$510,000|5 bd|3.0 ba|House
$379,900|3 bd|2.0 ba|House
$1,995,000|4 bd|4.0 ba|House
$2,225,000|5 bd|5.5 ba|House
$2,250,000|5 bd|5.5 ba|House
$251,900|2 bd|2.5 ba|Townhouse