NOT LISTED FOR SALE

1220 University Ct Unit 302 Raleigh, NC 27606

Estimated Value: $273,000 - $280,103

4 Beds
4 Baths
1,219 Sq Ft
$184/mo HOA Fee

Last Sold December 06, 2023

Last sale price $262,500 $215 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,829/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • 1-Story Property
  • A. B. Combs Magnet Elementary School Rated A
  • Walk-In Closet
  • 1-minute walk to Walnut Creek Wetland Park Trailhead

About This Home

As of December 2023

Investment Alert! 3rd Floor Unit Condo. Four bedrooms and four private baths with common area living, kitchen, and dining space. Laundry in unit, Covered deck, and Storage area. Spectacular location close to NC State, Meredith College, downtown Raleigh, and I-40! Walk to Lake Johnson. Community offers Swimming pool, Volleyball & Basketball courts, grilling areas, and much more.

Last Agent to Sell the Property

Hui Li

CHK Realty License #301101 Listed on: 10/08/2023

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1998

HOA Fees

  • $184 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,219 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Carpet

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include maintenance structure
  • Wilson Property Mgmt. Association
  • University Commons Lake Pk Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,884

Year Built

Built in 1998

Lot Details

0

HOA Fees

$184 per month

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure
  • Subdivision Name: University Commons Lake Pk
  • Above Grade Finished Sq Ft: 1219.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Above Grade Finished Area: 1219.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 184.0
  • Association Fee Frequency: Monthly
  • Association Name: Wilson Property Mgmt.
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Wilson Property Mgmt.
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 184.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 1884.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2023
Closed on
Dec 21, 2023
Sold by
Thambugala Jayasiri and Thambugala Nilminie
Bought by
Janell Llc
Seller's Agent
Hui Li
CHK Realty
Buyer's Agent
Non Member
Non Member Office
List Price
$264,900
Sold Price
$262,500
Premium/Discount to List
-$2,400
-0.91%
Views
37
Current Estimated Value
$276,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,276
Avg. Annual Appreciation
2.84%

Purchase Details

Listed on
Oct 8, 2023
Closed on
Dec 4, 2023
Sold by
He Jizhao
Bought by
Thambugala Jayasiri
Seller's Agent
Hui Li
CHK Realty
Buyer's Agent
Non Member
Non Member Office
List Price
$264,900
Sold Price
$262,500
Premium/Discount to List
-$2,400
-0.91%
Views
37

Purchase Details

Closed on
Jun 23, 2017
Sold by
Nan Rubin and Chen Qing
Bought by
He Jizhao

Purchase Details

Closed on
Jul 20, 2007
Sold by
Twin Rivers Investment Properties Llc
Bought by
Davis Clarence E and Davis Qiaofang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 8, 1999
Sold by
Lake Park Condominium Llc
Bought by
Twin Rivers Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,924
Interest Rate
6.85%
Source: Public Records

Range of Values:

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Average Value
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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
Janell Llc -- None Listed On Document
Janell Llc -- None Listed On Document
Thambugala Jayasiri $262,500 None Listed On Document
Thambugala Jayasiri $262,500 None Listed On Document
He Jizhao $125,000 None Available
Davis Clarence E $98,000 None Available
Twin Rivers Investment Properties Llc $447,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Clarence E $78,400
Previous Owner Twin Rivers Investment Properties Llc $446,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2023 12/06/23 Sold $262,500 -0.9% $215 / Sq Ft
10/28/2023 10/28/23 Pending -- -- --
10/07/2023 10/07/23 For Sale $264,900 -- $217 / 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
2025 $2,357 $267,996 -- $267,996
2024 $2,348 $267,996 $0 $267,996
2023 $1,884 $171,024 $0 $171,024
2022 $1,752 $171,024 $0 $171,024
2021 $1,684 $171,024 $0 $171,024
2020 $1,654 $171,024 $0 $171,024
2019 $1,272 $108,033 $0 $108,033
2018 $1,200 $108,033 $0 $108,033
2017 $1,144 $108,033 $0 $108,033
2016 $1,121 $108,033 $0 $108,033
2015 $1,046 $99,123 $0 $99,123
2014 $993 $99,123 $0 $99,123
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Hui Li

    CHK Realty

  • N

    Buyer's Agent in 2023

    Non Member

    Non Member Office

See All Agents

Map

Source: Doorify MLS

MLS Number: 2536203

Doorify MLS

APN: 0783.16-73-9041-012

North Carolina Wake County Raleigh 27606

1220 University Ct Unit 302, Raleigh, NC

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