$290,000
PENDING $10K PRICE DROP

1230 University Ct Unit 102 Raleigh, NC 27606

Estimated payment $1,999/month

Total Views 6,965
4 Beds
4 Baths
1,215 Sq Ft
$239 Price per Sq Ft

Highlights

  • In Ground Pool
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • A. B. Combs Magnet Elementary School Rated A
  • Tennis Courts
  • 3-minute walk to Walnut Creek Wetland Park Trailhead

About This Home

Immediate cash flow opportunity awaits at this unbeatable 4 BEDROOM 4 BATHROOM condo just minutes to all that Raleigh has to offer! Investors are welcome as this property has previously been used as a rental with 4 tenants. Currently occupied by 3 tenants with an August 1, 2025 move out date. Property allowed for 30 day minimum rentals. Very close to NC state, walking trails, highways, RDU, downtown Raleigh, and so much more. HOA includes pool, basketball court ,and volleyball court.

Listing Agent

Courtney Elstad

Coast 2 Coast Real Estate Conn License #318099 Listed on: 05/24/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,327

Year Built

  • Built in 1997

HOA Fees

  • $203 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Raised Foundation
  • Vinyl Siding

Interior Spaces

  • 1,215 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Additional Parking
  • 4 Open Parking Spaces
  • Parking Lot

Schools

  • Combs Elementary School
  • Centennial Campus Middle School
  • Athens Dr High School

Additional Features

  • In Ground Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0783820969

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, pest control, road maintenance, storm water maintenance
  • 4 Units
  • University Comm Lake Park Association, Phone Number (919) 782-1717
  • University Commons Lake Pk Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,327

Year Built

Built in 1997

Lot Details

0

HOA Fees

$203 per month

Listing Details

  • Year Built: 1997
  • Prop. Type: Residential Income
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Pest Control, Road Maintenance, Storm Water Maintenance
  • Subdivision Name: University Commons Lake Pk
  • Above Grade Finished Sq Ft: 1215.0
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • General Property Information Association Phone: (919) 782-1717
  • Pool Features In Ground: Yes
  • General Property Information Monthly Association Fees2: 184.0
  • Contract Information Lease Term: Month To Month
  • General Property Information Above Grade Finished Area: 1215.0
  • Foundation Details Raised: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Roof: Other
  • Construction Type: Vinyl Siding
  • Foundation Details: Raised
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Parking Lot
  • Parking Features:Parking Lot: Yes
  • Parking Features:Additional Parking: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 203.0
  • Association Fee Frequency: Monthly
  • Association Name: University Comm Lake Park
  • Phone: 919-782-1717
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: University Comm Lake Park
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Fee Includes:Pest Control: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 203.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Centennial Campus

Lot Info

  • Parcel #: 0783820969

Rental Info

  • Lease Term: Month To Month
  • Owner Pays: Electricity, Gas, Water

Tax Info

  • Tax Annual Amount: 2327.43
  • Tax Year: 2024

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Wake - Combs

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,327 $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 $1,189 $106,959 $0 $106,959
2017 $0 $106,959 $0 $106,959
2016 -- $106,959 $0 $106,959
2015 $1,036 $98,111 $0 $98,111
2014 $983 $98,111 $0 $98,111
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Pending -- -- --
06/21/2025 06/21/25 Price Changed $290,000 -3.2% $239 / Sq Ft
05/24/2025 05/24/25 For Sale $299,500 +5.1% $247 / Sq Ft
12/15/2023 12/15/23 Off Market $285,000 -- --
06/17/2022 06/17/22 Sold $285,000 +5.6% $234 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $270,000 -- $221 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $102,500 None Available
Condominium Deed $111,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $98,100 Unknown
Previous Owner $518,101 Unknown
Previous Owner $309,400 Construction
Source: Public Records

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Source: Doorify MLS

MLS Number: 10098571

Doorify MLS

APN: 0783.16-82-0969-005