Seller's Agent in 2025
Dona Aguayo
Keller Williams Elite Realty
(919) 641-5819
48 Total Sales
1140 Carlton Ave Unit 201 Raleigh, NC 27606
4
Beds
4
Baths
1,287
Sq Ft
$300/mo
HOA Fee
Highlights
- Traditional Architecture
- Laundry Room
- Family Room
- Leroy Martin Magnet Rated A
- Forced Air Heating and Cooling System
- Carpet
About This Home
As of July 2025Investor Special! Whether you're starting your rental portfolio, looking for passive income, or want a cost-effective housing option for a student at NC State, this is your opportunity. This second-floor, one-level 4-bedroom, 4-bathroom condo offers flexibility for both investors and owner-occupants. Live in one room, lease the other three, or rent out all four for maximum return. The unit is currently leased through July 23, 2026, with four individual residential lease agreements in place. It generates $1,975/month in rental income, with tenants responsible for their own internet. Water, parking, and trash included in HOA fee. Located within walking distance to NC State University, this property offers strong rental demand and long-term investment potential.
Last Agent to Sell the Property
Keller Williams Elite Realty License #229413 Listed on: 04/07/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,226
Year Built
- Built in 1999
HOA Fees
- $300 Monthly HOA Fees
Home Design
- Traditional Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,287 Sq Ft Home
- 1-Story Property
- Family Room
- Laundry Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Parking Spaces
- 4 Open Parking Spaces
Schools
- Wake County Schools Elementary And Middle School
- Wake County Schools High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
Community Details
- Association fees include electricity, ground maintenance, road maintenance, trash, water
- Preiss Company Association, Phone Number (919) 870-5080
- University Oaks Subdivision
Listing and Financial Details
- Assessor Parcel Number 0793.05-29-2951 0045445
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2025
Closed on
Jul 11, 2025
Sold by
Abu-Shaaban Fadi and Ramos Lymari Ramos
Bought by
Buxengard Lucas Daniel and Buxengard Melissa Janelle
Seller's Agent
Dona Aguayo
Keller Williams Elite Realty
Buyer's Agent
Cris Mulroy
Berkshire Hathaway HomeService
List Price
$285,000
Sold Price
$278,500
Premium/Discount to List
-$6,500
-2.28%
Views
69
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%
Purchase Details
Closed on
Jul 11, 2006
Sold by
Beach Vernard H and Beach Rebecca R
Bought by
Abu Shaaban Fadi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,300
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 22, 2003
Sold by
Furgurson Ernest W and Furgurson Linda L
Bought by
Beach Verbard H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,480
Interest Rate
5.2%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $278,500 | None Listed On Document | |
| Warranty Deed | $120,500 | None Available | |
| Warranty Deed | $112,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $92,500 | New Conventional | |
| Previous Owner | $90,300 | Purchase Money Mortgage | |
| Previous Owner | $109,480 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Sold | $278,500 | -2.3% | $216 / Sq Ft |
| 06/07/2025 06/07/25 | Pending | -- | -- | -- |
| 04/07/2025 04/07/25 | For Sale | $285,000 | -- | $221 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | -- | $254,039 | -- | $254,039 |
| 2024 | $2,226 | $254,039 | $0 | $254,039 |
| 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
-
Dona Aguayo
-
Cris Mulroy
Buyer's Agent in 2025
Cris Mulroy
Berkshire Hathaway HomeService
(919) 413-3435
14 Total Sales
Map
Source: Doorify MLS
MLS Number: 10087509
APN: 0793.05-29-2951-041
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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