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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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2602 Wade Ave , Raleigh, NC 27607
$450,000
Est. Payment: $2,305.12/mo
3 Bed
2 Bath
1251 Sqft
Status: active | Days on site: 46
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

A rare opportunity to own a charming brick ranch in the highly desirable Wade Avenue area! Whether you're looking to renovate, expand, or build your dream home, this property offers exceptional potential on an expansive nearly half-acre lot. This 3-bedroom, 1.5-bath home features hardwood floors throughout most of the main level, a spacious family room with a cozy wood-burning fireplace, and a full basement ready to be transformed into additional living space, a workshop, home gym, or recreation area. Numerous recent improvements provide added value and peace of mind, including: New electrical breaker box (2025) HVAC air handler and condenser (2018) Electric range (2022) Expansion tank for water heater (2022) Plumbing pressure relief valve (2022) Front windows (2021) Gutters (2021) Storm door (2022) Thermostat (2022) PVC plumbing piping (2022) Ideally located near Jaycee Park, shopping, dining, and major commuter routes, this property combines a premier location with endless possibilities. Renovate the existing home or create the custom home you've always envisioned in one of the area's most sought-after neighborhoods.

Highlights

Listed by Karen Machikas , 919-538-3926 and Alex Machikas , 919-676-0600 TME Premier Properties, LLC , 919-538-3926. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage
0.41

Year Built

1957

County

Wake

Neighborhood

Not in a Subdivision

Listing ID

10178797

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Appliances:Free-Standing Electric Range, Gas Water Heater, Refrigerator, Washer/Dryer
Air Cond:Central Air
Fireplaces:Family Room,Wood Burning
Floor:Carpet,Hardwood,Linoleum,Tile,Vinyl
Above Ground Sq Ft:1251
Below Ground Sq Ft:0
Basement:Unfinished
Other:
  • Additional:Ceiling Fan(s), Laminate Counters, Smooth Ceilings
Water:Public

Exterior Features

Lot:Back Yard,Front Yard,Hardwood Trees
Zoning:R-4
Roof:Shingle
Others:
  • Additional:Rain Gutters, Covered, Front Porch, Porch, Rear Porch
Sewer:Public Sewer
Principal Interest
$2,305
Taxes
$396

Home Price

$450,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$90,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,305.12

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,305.12 $396.05 $0.00 $2,701.17
Yearly $27,661.43 $4,752.65 $0.00 $32,414.08
Total $829,843.01 $142,579.50 $0.00 $972,422.51

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Raleigh, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-24T13:40:36.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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