Seller's Agent in 2025
George Patrick III
Berkshire Hathaway HomeService
(919) 278-7420
91 Total Sales
1221 University Ct Unit 203 Raleigh, NC 27606
4
Beds
4
Baths
1,219
Sq Ft
$202/mo
HOA Fee
Highlights
- Transitional Architecture
- Community Pool
- Bathtub with Shower
- A. B. Combs Magnet Elementary School Rated A
- Tennis Courts
- 3-minute walk to Walnut Creek Wetland Park Trailhead
About This Home
As of August 2025Extraordinary cash flow! Functional floorplan with common kitchen & living space w/laminate floors & laundry w/washer & dryer. Unit has 4 Bedrooms, each with own full bath. Currently 2 rooms rented at $725 and $800/month. Recently repaired rooms marketed at $800/month each. Excellent location across the street from Lake Johnson, easy access to NCSU on Wolf Line.
Last Agent to Sell the Property
Berkshire Hathaway HomeService License #275514 Listed on: 07/21/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,337
Year Built
- Built in 1997
HOA Fees
- $202 Monthly HOA Fees
Home Design
- Transitional Architecture
- Entry on the 2nd floor
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,219 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Laminate Flooring
- Laundry closet
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Parking
- 6 Open Parking Spaces
- Parking Lot
Schools
- Combs Elementary School
- Centennial Campus Middle School
- Athens Dr High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for association fees
- Assessor Parcel Number 0783823950
Community Details
Overview
- Association fees include insurance, ground maintenance, pest control, trash
- 4 Units
- Lake Park Condominium HOA, Phone Number (919) 859-9552
- University Commons Lake Pk Subdivision
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 5, 2023
Sold by
Nmk Partners Llc
Bought by
Tetrault Julie
Purchase Details
Closed on
Apr 2, 2018
Sold by
Surendra Saurabh and Tesoro Michhelle S
Bought by
Nmk Partners Llc
Purchase Details
Closed on
Jan 5, 2011
Sold by
Aurora Loan Services Llc
Bought by
Surendra Saurabh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,972
Interest Rate
4.58%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 19, 2010
Sold by
Freeman Justin L and Freeman Carol J
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Sep 27, 2002
Sold by
Butler Rhett A and Butler Jerry W
Bought by
Butler Jerry W and Butler Willia D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,600
Interest Rate
6.19%
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 | $280,000 | None Listed On Document | |
| Warranty Deed | $280,000 | None Listed On Document | |
| Warranty Deed | $145,000 | None Available | |
| Special Warranty Deed | $80,000 | None Available | |
| Trustee Deed | $104,386 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $77,972 | FHA | |
| Previous Owner | $76,600 | No Value Available | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Sold | $282,500 | -0.9% | $232 / Sq Ft |
| 08/02/2025 08/02/25 | Pending | -- | -- | -- |
| 07/21/2025 07/21/25 | For Sale | $285,000 | +7.8% | $234 / Sq Ft |
| 12/15/2023 12/15/23 | Off Market | $264,500 | -- | -- |
| 05/31/2022 05/31/22 | Sold | $264,500 | -- | $217 / Sq Ft |
| 05/06/2022 05/06/22 | Pending | -- | -- | -- |
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 | $2,337 | $265,680 | -- | $265,680 |
| 2024 | $2,327 | $265,680 | $0 | $265,680 |
| 2023 | $1,866 | $169,391 | $0 | $169,391 |
| 2022 | $1,735 | $169,391 | $0 | $169,391 |
| 2021 | $1,668 | $169,391 | $0 | $169,391 |
| 2020 | $1,638 | $169,391 | $0 | $169,391 |
| 2019 | $1,260 | $106,959 | $0 | $106,959 |
| 2018 | $0 | $106,959 | $0 | $106,959 |
| 2017 | $1,133 | $106,959 | $0 | $106,959 |
| 2016 | $1,110 | $106,959 | $0 | $106,959 |
| 2015 | $1,036 | $98,111 | $0 | $98,111 |
| 2014 | $983 | $98,111 | $0 | $98,111 |
Source: Public Records
Agents Affiliated with this Home
-
George Patrick III
-
Sharon Evans
Buyer's Agent in 2025
Sharon Evans
EXP Realty LLC
(919) 271-3399
1,014 Total Sales
-
Daniel Mounts
D
Buyer Co-Listing Agent in 2025
Daniel Mounts
EXP Realty LLC
(919) 729-7759
17 Total Sales
-
Beth Smoot
Seller's Agent in 2022
Beth Smoot
NextHome Triangle Properties
(919) 961-4600
126 Total Sales
-
Marcella Simmons
Seller Co-Listing Agent in 2022
Marcella Simmons
NextHome Triangle Properties
(919) 610-1475
98 Total Sales
Map
Source: Doorify MLS
MLS Number: 10110735
APN: 0783.16-82-3950-041
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