NOT LISTED FOR SALE

1120 Carlton Ave Unit 103 Raleigh, NC 27606

Estimated Value: $284,000 - $298,000

4 Beds
4 Baths
1,287 Sq Ft
$450/mo HOA Fee

Last Sold December 02, 2022

Last sale price $268,000 $208 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,253/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Powered By Gas
  • Luxury Vinyl Tile Flooring
  • Leroy Martin Magnet Rated A
  • 1-Story Property
  • Heating Available

About This Home

As of December 2022

Perfect Investment. 4 bedroom 4 full bath condo with kitchen and common area. Established tenants. All new flooring and kitchen upgrades. Currently rents for $568 per room.

Last Agent to Sell the Property

Chris Barr

Keller Williams Legacy License #285747 Listed on: 10/21/2022

Keller Williams Legacy

Last Buyer's Agent

Chris Bailey

Compass -- Raleigh License #317752

Compass -- Raleigh

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,735

Year Built

  • Built in 1999

HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,287 Sq Ft Home
  • 1-Story Property
  • Luxury Vinyl Tile Flooring
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Carpenter Elementary School
  • Alston Ridge Middle School
  • Athens Dr High School

Utilities

  • Cooling System Powered By Gas
  • Heating Available
  • Electric Water Heater

Community Details

  • Association fees include insurance, ground maintenance, maintenance structure
  • Preiss Company Association
  • University Oaks Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,735

Year Built

Built in 1999

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure
  • Subdivision Name: University Oaks
  • Above Grade Finished Sq Ft: 1287.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 422x304
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Cooling Gas3: Yes
  • General Property Information Above Grade Finished Area: 1287.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Luxury Vinyl
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Location: 1st Floor
  • Total Bedrooms: 6
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes

Utilities

  • Heating: Electric
  • Cooling: Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association #2 Fee: 225.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association Name: Preiss Company
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Preiss Company
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 225.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 225.0
  • General Property Information:Association Fee 2 Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Alston Ridge

Lot Info

  • Lot Dimensions: 422x304

Tax Info

  • Tax Annual Amount: 1735.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Carpenter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2025
Sold by
Sundarrajan Ramesh Babu and Rameshbabu Lavanya
Bought by
Rlss Homes Llc
Current Estimated Value
$291,427

Purchase Details

Closed on
Jun 23, 2023
Sold by
Sundarrajan Ramesh Babu and Sundarrajan Lavalya
Bought by
Rlss Homes Llc

Purchase Details

Closed on
Feb 2, 2023
Sold by
Day51704 Llc
Bought by
Day51704 Llc

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 9, 2022
Sold by
Sundarrajan Ramesh Babu and Sundarrajan Lavanya
Bought by
Sundarrajan Ramesh Babu and Rameshbabu Lavanya
Seller's Agent
Chris Barr
Keller Williams Legacy
Buyer's Agent
Chris Bailey
Compass -- Raleigh
List Price
$270,000
Sold Price
$268,000
Premium/Discount to List
-$2,000
-0.74%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$201,000
Interest Rate
2.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 1, 2022
Sold by
Day51704 Llc
Bought by
Sundarrajan Ramesh Babu
Seller's Agent
Chris Barr
Keller Williams Legacy
Buyer's Agent
Chris Bailey
Compass -- Raleigh
List Price
$270,000
Sold Price
$268,000
Premium/Discount to List
-$2,000
-0.74%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
2.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2022
Sold by
Andrew Hedges Jacob and Andrew Rachel
Bought by
Day51704 Llc

Purchase Details

Closed on
Aug 28, 2020
Sold by
Reinmann Paul and Reinmann Rebecca
Bought by
Hedges Jacob Andrew and Hedges Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,625
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2005
Sold by
Ridgway Elizabeth Anne and Hanna Charles
Bought by
Reinmann Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 1, 2000
Sold by
Pmlb Associates
Bought by
Ridgway Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,300
Interest Rate
8.24%
Mortgage Type
FHA
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
Rlss Homes Llc -- None Listed On Document
Rlss Homes Llc -- None Listed On Document
Rlss Homes Llc -- None Listed On Document
Day51704 Llc -- --
Sundarrajan Ramesh Babu -- --
Sundarrajan Ramesh Babu $268,000 --
Day51704 Llc -- --
Hedges Jacob Andrew $187,500 None Available
Reinmann Paul $107,000 --
Ridgway Elizabeth $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sundarrajan Ramesh Babu $201,000
Previous Owner Hedges Jacob Andrew $140,625
Previous Owner Reinmann Paul $85,600
Previous Owner Ridgway Elizabeth $115,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $268,000 -- --
12/02/2022 12/02/22 Sold $268,000 -0.7% $208 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $270,000 -- $210 / Sq Ft
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
2024 $2,310 $263,703 $0 $263,703
2023 $1,912 $173,548 $0 $173,548
2022 $1,777 $173,548 $0 $173,548
2021 $1,709 $173,548 $0 $173,548
2020 $1,678 $173,548 $0 $173,548
2019 $1,368 $116,327 $0 $116,327
2018 $1,291 $116,327 $0 $116,327
2017 $1,230 $116,327 $0 $116,327
2016 $1,205 $116,327 $0 $116,327
2015 $1,223 $116,130 $0 $116,130
2014 $1,160 $116,130 $0 $116,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2480342

Doorify MLS

APN: 0793.05-29-2951-015