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$725,000

Beds
5
Baths
3.0
sq ft
3,412

3615 Octavia Street, Raleigh, NC 27606

3615 Octavia Street

Raleigh, NC 27606

  • Pending
    • Price drop $25,000↓
Welcome to 3615 Octavia, a beautifully maintained mid-century ranch nestled inside the Beltline of Raleigh. This charming home blends comfort, style, and versatility in a location that's second to none. Each floor of this home offers its own kitchen and dining area, making it ideal for flexible living arrangements. The main level features a spacious, open floor plan, hardwood flooring, an updated kitchen, and the primary bedroom suite has been recently renovated. A second bathroom, two additional bedrooms, and two living areas complete the main floor. The lower level is a completely separate living space, but with internal and a dedicated external access, offering three additional bedrooms, a full kitchen, dining area, living room, and bathroom. The possibilities are endless—whether you need privacy, a guest suite, or an income-generating space, this lower level has it all. The home is also on a three-parcel combined 0.81-acre lot. The fenced-in backyard is perfect for pets, children, or simply relaxing. Also included is an attached two-car garage and a separate single-car garage, connected by a carport for added flexibility and storage. Conveniently located, the home is walking distance to Lake Johnson, less than 2 miles from NC State University, 4 miles from Cary Crossroads, and only 5 miles from downtown Raleigh. Enjoy evening strolls through Kaplan and Kentwood parks, or relax by Lake Johnson.

Details

Property type

Single Family Residence

Est. home value

$663,399

Property condition

Updated/Remodeled

Lot size

0.81 acres

Price per sq ft

$213

Year built

1968

Annual property taxes

$4,974.79

Price History

03/28/2025
TriangleMLS

TriangleMLS #10058440

Pending
$725,000
03/27/2025
TriangleMLS

TriangleMLS #10058440

Price change
$725,000
-3.33%
02/27/2025
TriangleMLS

TriangleMLS #10058440

Removed
$750,000

Schools & Community

Neighborhood: 

West Raleigh

Elementary school: 

Wake - Combs

Middle school: 

Wake - Centennial Campus

High school: 

Wake - Athens Dr

Community features: 

Curbs, Fishing, Lake, Park

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

United Wholesale Mortgage

Loan start date

November 2021

Original loan amount

$225,000

Est. remaining balance

$180,988

Interest rate

2.12%

Loan type

New Conventional, 15 year

Seller

Diane E Morris and Gregory W Morris

Lender

United Wholesale Mortgage

Loan start date

June 2017

Original loan amount

$280,000

Est. remaining balance

$236,221

Interest rate

4.02%

Loan type

New Conventional, 30 year

Seller

Diane E Morris and Gregory W Morris

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?

Status: Pending/Under Contract

Tomo last checked: 03/30/2025 at 8:15 PM

Listing updated: 03/28/2025 at 5:21 PM

Listed by: Jason Queen, Monarch Realty Co. Phone #: (919) 606-2905

MLS: TriangleMLS #10058440

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